Nasdaq, S&P, Dow end higher after latest jobs report, but retreat on a weekly basis$Nasdaq100 Bull 3X ETF(TQQQ)$   Wall Street made solid gains on Friday, after the latest nonfarm payrolls report signaled cooling inflation and a U.S. economy that was powering ahead of others. The advance came despite the data also underscoring the Federal Reserve's wait-and-see approach to cutting interest rates. Fed speakers reacted with caution to the jobs print. The Nasdaq Composite gained 1.24% to end at 16,248.52 points. A rise in megacap stocks provided a boost to the tech-heavy index, with Netflix (NFLX) climbing more than 3% after Pivotal Research upped its price target on the streaming giant's stock to a Street high

Astera Labs: This Meme-Like Stock Is A Sell $Astera Labs, Inc.(ALAB)$  Astera Labs, Inc. provides building blocks for computer systems, but its financials reveal a less compelling picture. But investors should not extrapolate its financials too far. Astera Labs stock's valuation at 33x forward sales is unjustified, considering fluctuating revenue growth rates and uncertainty in profitability. Astera Labs, Inc., a supplier to AI-focused hyperscalers, has seen strong performance after it went public. The company offers semiconductor-based connectivity solutions for cloud and AI infrastructure. The biggest risk is the high valuation of the company, which is trading at around 50 times annualized sales. While Astera Labs operates in an attractive

Bitcoin: Potential Correction Despite ETFs And Halving Bitcoin reached a new all-time high of USD 73,794, marking a +91% increase in just seven weeks. The new demand from Bitcoin spot ETFs drove prices sharply upwards, but a potential correction is typical before and around the halving. Sentiment and seasonality indicators suggest a short-term pullback, but long-term bullishness remains with a potential price target of USD 100,000 and higher. Bitcoin (BTC-USD) is set to rise 8.8% on a weekly basis, as it recovered some lost ground and returned to the $70K mark over the week. The world's oldest digital currency, kicked off the week on a bullish note, as it hit $69.9K, and has since been roughly stable, after a volatile last week, which saw market participants grow more cautious ahead of the

$Tesla Motors(TSLA)$   Tesla is in the spotlight ahead of highly-anticipated Q1 deliveries report Tesla (TSLA) will report Q1 deliveries sometime during the first few days of April in what could be a key turning point in the bull vs. bear debate. The shutdown of the electric vehicle maker's Model Y factory near Berlin over the last few weeks due to an arson attack, and soft demand in China during the Chinese New Year holiday are likely to have held back the overall deliveries tally. Sell-side sentiment has been bearish as of late, and the consensus deliveries expectation for the quarter has dropped all the way down to 425K from 494K just a few months ago. By comparison, Tesla delivered 484,507 vehicles in Q4 and delivered 422,875 a year

Reddit: Don't Buy The Hype $Reddit(RDDT)$  Reddit priced its shares at the top of the range for its IPO and saw a 48% increase in share price on its first day of trading. The social media platform is not profitable and has an unimpressive profitability picture. Reddit has not achieved a profit since 2005 when it was founded. Reddit's valuation is high with a price-to-revenue ratio of 7.6X and the valuation is likely chiefly driven by IPO hype. Reddit, Inc. shares have had a strong public debut, potentially making it a meme stock itself. The platform has a large and engaged user base, with 76 million daily active users participating in various communities. The company's valuation is reasonable based on its sales multiples, but it still faces r

One Quarter Down. $Nasdaq100 Bull 3X ETF(TQQQ)$   The Dow Jones Industrial Average and S&P 500 both finished a superlative first quarter at record highs ahead of the long weekend—stock and bond markets will be closed for Good Friday tomorrow. Both indexes are up in five of the past six quarters. The S&P 500, up 0.1% today, has gained 10.2% since the beginning of 2024—its best start to a year since 2019. That kind of early-year surge has historically been a sign of more good things to come. Since 1950, when the index gains 10% or more in the first quarter, it has finished the year higher 91% of the time and averaged a gain of 6.5% in the remainder of the year. The Nasdaq Composite slipped 0.1% today

Too Quiet. $Nasdaq100 Bull 3X ETF(TQQQ)$   The Nasdaq Composite marked another record close today, leaving behind the other two major indexes on the lowest volume day since November. The Nasdaq rose just 0.16% to build on Thursday's milestone, but a record high is a record high. The Dow Jones Industrial Average slid 0.8% and the S&P 500 fell 0.1%. With no major economic data and few earnings reports on the docket, trading was muted. Just 9.22 billion shares traded hands across the NYSE, Nasdaq, NYSE American and NYSE Arca exchanges, which is the lowest total composite volume since Nov. 27, according to Dow Jones Market Data. Just 120 S&P 500 components rose on the day, though gains for megacaps

$NVIDIA Corp(NVDA)$   Here's How Trading Nvidia Stock Heading Into GTC 2024 Nvidia Corporation stock has seen significant growth due to high demand for its AI chips, which remain supply constrained. Although concerns over the sustainability of Nvidia's valuation and growth expectations have recently increase, industry capex allocation to AI-related infrastructure remains on the rise within the foreseeable future. Nvidia remains well-positioned for further fundamental outperformance, which is supportive of a similar extent of valuation multiple expansion as previously observed leading up to its next earnings release. Nvidia's FY4Q24 results continued to exceed expectations, with its datacenter business once again beating all expectatio

$Microsoft(MSFT)$   Microsoft: Strong Financials, Bright Outlook And Solid Upside Potential, Buy Microsoft Corporation is a successful tech company with strong financial performance and a diverse range of products. The technical analysis shows that the stock is in a strong upward trend and the bulls are still in control. Microsoft's financial performance has been impressive, with consistently increasing revenues and profits, and it is projected to continue growing in the future. Microsoft reported strong financial performance in FQ2, with revenue growth and improved operating leverage, powered by strong momentum in cloud business. The strategic partnership with OpenAI positions Microsoft at the forefront of the generative AI revolution,

In Harmony ... For Now. $Nasdaq100 Bull 3X ETF(TQQQ)$   Just like that, stocks have had two consecutive weeks of declines. The S&P 500 fell 0.6% today, giving it a weekly loss of 0.1%. The Nasdaq Composite fell 1% on the day and finished the week down 0.7%.   After a sustained stretch of gains, the lagging performance has investors on edge. Inflation is a renewed worry, sending bond yields gradually higher. Yields on the 2 and 10-year Treasuries rose every day this week, settling Friday at 4.721% and 4.303%, respectively. Both levels are down from their October peaks, but they're a full percentage point higher than they were last spring, when investors were still worried about recession. 

$Tesla Motors(TSLA)$   Tesla: Don't Let The Near-Term Challenges Dictate The Future Tesla's stock price has declined significantly in recent months, losing over half of its market cap since its peak. Weak quarterly results and tempered growth outlook for 2024 are the main factors behind the stock price decline. Tesla's Q4 2023 gross margin experienced a severe YoY decline, but it's starting to show some signs of bottoming out. I'm bullish on Tesla's long-term growth prospects due to its leadership in the EV and cleaner energy sectors, with additional potential upside from projects like robotics. Today's Tesla price challenges present a prime opportunity for a long-term position, potentially yielding over 10% annually by 2030, even at cu

$Sea Ltd(SE)$   Sea Limited Q4 Review: Uncertain But Exciting Times Ahead Sea announced Q4 2023 earnings with revenue up just 5% year-over-year. But under the surface much more strength could be seen. Garena's revenue declined by 46%, but bookings show signs of stabilization and management guided for double-digit growth for Free Fire. Shopee's revenue grew by 23% YoY, with investments in sales and marketing paying off in market share gains. While many investors feared TikTok, the numbers show that Shopee beats TikTok on its own turf. Sea Limited's Q4 2023 earnings report showed strong revenue growth in Shopee and SeaMoney, with signs of stabilization within Garena [with Free Fire emerging as 2023's most downloaded mobile game]. Despite it

Nvidia: Supply Growth Not Keeping Pace With Demand$NVIDIA Corp(NVDA)$   Recent developments in the technology sector suggest that the AI revolution is at an early innings of growth. NVIDIA dominates the market of AI chips and invests vast amounts in R&D to protect its technological edge. Despite a significant rally in stock price, NVIDIA is still attractively valued with a potential upside of 34%. NVIDIA Corporation's data center segment continues to be the company's revenue driver, with revenue totaling $18.4 billion in Q4 2024. The company faces risks related to supply shortages, competition from big tech companies making their own chips, and new chips from competitors like AMD. Revenue from the Chinese market in the data center se

Meta Platforms, formerly known as Facebook, has seen its stock soar by 189.64% over the past year, outperforming the S&P 500 by 160%. The company's strong financial performance, dominant market position, and strategic monetization initiatives make it a compelling investment opportunity. Technical analysis indicates that the stock is still on an upward trajectory, with bullish indicators and strong momentum. Price targets for 2024 and 2025 are projected to be $597 and $786, respectively. Meta's announcement of its inaugural dividend was a surprise to many, leading to a 20% increase in share price. The dividend reflects Meta's focus on improving financial discipline rather than a slowdown in growth. Meta's high-growth peers may consider implementing dividends following the positive marke

Nvidia Stock Gained $1.5 Trillion To Surpass The FAANGs - Apple Is Next $NVIDIA Corp(NVDA)$   Nvidia Corporation surpassed a $2 trillion market cap compared to Apple’s $2.8 trillion. The company has surpassed Amazon, Google, Tesla, Meta and Netflix. Nvidia's data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024. Nvidia’s forward P/E ratio is just above 32x at Friday’s close, which compares to a forward P/E ratio of more than 75x in its November 2021 peak. Recent developments in the technology sector suggest that the AI revolution is at an early innings of growth. NVIDIA dominates the market of AI chips and invests vast amounts in R&D to protect its technological edge. D

JD.com surges after Q4 beat, 'price competitiveness' helps drive user growth$JD.com(JD)$   JD.com's (JD) stock rose on Wednesday after fourth quarter results beat estimates and the company announced a stock buyback program worth up to $3B. The Chinese online retailer saw non-GAAP net income per American depositary share, or ADS, grow about 10.1% year-over-year to RMB5.30 ($0.75). Net revenues increased 3.6% year-over-year to RMB306.08B ($43.11B). Both top and bottom line numbers surpassed analysts expectations. "JD's proactive actions have begun to produce results as our decisive focus on user experience, price competitiveness and platform ecosystem drives deeper and more frequent user engagement and healthier use

Cuts, No Problems. $Nasdaq100 Bull 3X ETF(TQQQ)$  After a 27-month period with no new peaks, the Nasdaq Composite now has two in two days. A 1.1% rise Friday gave the tech-heavy index its second consecutive record close. The S&P 500 also closed in record territory, up 0.8%.  The Dow Jones Industrial Average is no slouch either. Despite falling 0.1% on the day, the blue-chip index still closed at its second highest level in history. Stock-market investors are an ebullient bunch, boosted by continued enthusiasm around artificial intelligence, a solid earnings season, and a strong economy with sticky but not awful inflation trends.  It's notable that stocks are working even as Fed rate cuts look to be

C3.ai bumps up annual sales guidance on higher customer engagement, stock +15% after hours$C3.ai, Inc.(AI)$  Class A shares of C3.ai (AI) jumped after the enterprise software company bumped up its annual revenue guidance as more customers signed up to use its products and solutions. The Redwood City, Calif.-based firm reported an adjusted loss per share of 13 cents for FQ3 2024 on revenue of $78.4M. Analysts had been expecting a loss of 28 cents per share on sales of $76.14M. C3.ai (AI) provides software that uses enterprise artificial intelligence (AI), or solutions that apply AI and machine learning to digitally solve problems faced by organizations. "Customer engagement grew 80% year-over-year. Our significant first

Not Just AI.  $Nasdaq100 Bull 3X ETF(TQQQ)$  It was the week that artificial intelligence arrived...again. Nvidia's blowout earnings sent investors into a frenzy yesterday, pushing the chip maker to a record high and briefly past the $2 trillion market cap mark. It also put the tech-heavy Nasdaq Composite on the precipice of its first record close since November 2021.  For now, that record will have to wait. The Nasdaq actually lost ground on Friday, leaving it 0.4% short of an all-time high. The S&P 500 and Dow Jones Industrial Average were up on the day, though, giving the indexes their 13th and 14th record closes of 2024, respectively.  For all the focus on artificial intelligence, the

$NVIDIA Corp(NVDA)$  Nvidia gains as Q4 results, guidance beat expectations Nvidia (NVDA) shares jumped in extended-hours trading on Wednesday after the semiconductor giant reported quarterly results and guidance that topped Wall Street's expectations. Looking to the first-quarter of fiscal 2025, Nvidia expects to generate $24B in revenue, plus or minus 2%. Analysts were forecasting $21.9B in revenue for the Jensen Huang-led company. Adjusted gross margin is forecast to be around 77%, plus or minus 50 basis points, while adjusted operating expenses are expected to be around $2.5B. “Accelerated computing and generative AI have hit the tipping point,” Huang said in a statement. “Demand is surging worldwide across comp