Absurd rise in share price .. is t he US consumer Gona shell out additional funds just because of AI feature ? Just ridiculous..the fact that Apple have not said how they will monetise the AI feature speaks volumes about their confidence level , yet analysts go berserk with the share price target .
Apple Shares Rise 5% Hitting Record High as AI Plan Delivers a Wall Street Upgrade
Baidu has US$25b in cash .. It's market cap is now USS$33b.. which means that 77% of market cap is cash. imagine that. If you exclude cash, then the stock is trading at US$8b/ US$1.8b( annualised FCF) or about 4.3x FCF. The decline in the stock price is a bear raid.. and is totally devoid of fundamentals .. unfortunately analysts are silent.. am a bit at US$94.0
The 3 Most Undervalued Long-Term Stocks to Buy in June 2024
Disagree about SGX and Fraser's Centrepoint . On SGX.. delimiting have exceeded new Listings. volume on Sg bourse continues to Decline and Gen Y is only interested in trading US stocks and crypto. Liquidity is abysmal. On Fraser Centrepoint , while mall locations are good.. consumer spending is hollowi g out and inflation is decreasing g purchasing power . The ability to raise rental is questionable.
If autonomous driving is reason to buy Tesla , one is better off looking at Baidu which already has autonomous vehicles . Tesla's earnings weee supported by govt credits without which it would have missed expectations.
US analysts just invented a new valuation matrix. price / Trump. That's how absurd the U.S. mkt is.. The analysts are openly saying that earnings and cash flow don't matter.
Tesla's Stock Price Nears $300, Watch This Key Level
JD announced that Walmart has already sold the 5% stake values at US$3.5 b .so this is a fantastic opportunity to buy the shares. The quantum of sales is less than Jensen Huang's Sale of Nvidia.
24H|JD.com Stock Tumbles Almost 10%; One AI Comapny Soars Over 35%
Goldman by its sheer influence might be able to influence the direction of the stock. However on a PE or Price to Operating cash flow Basis , AMD is super expensive and showed qoq decline in earnings .. so it is a leap of faith, the way I look at it ..