$Virgin Galactic(SPCE)$ the space tourism company founded by British billionaire Richard Branson, has announced that it will conduct its first commercial manned space flight mission as early as June 27. $Virgin Galactic(SPCE)$ jumped 16.5% on the news. $Virgin Galactic(SPCE)$ will start its first commercial flightThis flight, named "Galactic 01," will carry researchers from the Italian Air Force and the Italy National Research Council into space. With this milestone, Virgin Galactic will enter the commercial operational phase. Several hundred space tourists have already purchased tickets for the entire 90-minute journey, which costs approximately $450,000.Virgin

The US stock market has been hot this year, with a surge of over 15% in the first half of 2023. Both retail and institutional investors have made money, including many of the world's wealthiest billionaires. In 2022, the market experienced a decline of about 20%, leading to a significant decrease in the wealth of many US billionaires who held substantial amounts of company stocks. However, they have not only recovered their losses but also seen a substantial increase in their net worth.According to Bloomberg's Billionaires Index as of July 5th, the net worth and year-to-date changes for the top ten billionaires are as follows:Among the ten investors listed above, nine of them, excluding Arnault, reside in the United States. The world's richest person, Elon Musk, has a net worth of $248 bil

The latest regulatory filings reveal that from May 16th to May 18th, Berkshire Hathaway purchased an additional 3.46 million shares of Occidental Petroleum at prices ranging from $58.11 to $58.66 per share, amounting to a total investment of approximately $201 million.In fact, Berkshire Hathaway has been gradually increasing its holdings of Occidental Petroleum since early 2022. During a recent Berkshire Hathaway shareholders' meeting, Buffett stated, "We really like the resources, industry position, and technical capabilities of Occidental Petroleum in the Permian Basin. They have a lot of excellent oil wells and have done a lot of beneficial things. It's a completely different kind of oil business." Buffett's optimism about the resources in the Permian Basin stems from the company's acqu

In the AI deity-making frenzy, $NVIDIA Corp(NVDA)$ strides confidently towards the altar. Weekly chatHowever, it took nearly 15 months after ChatGPT's debut for people to realize NVIDIA's core ally: $SUPER MICRO COMPUTER INC(SMCI)$ Over the past year, $SUPER MICRO COMPUTER INC(SMCI)$ 's stock surged by 980%, easily outpacing the "Big Seven" tech stocks in the US market, while $NVIDIA Corp(NVDA)$ , $Meta Platforms, Inc.(META)$ , $Advanced Micro Devices(AMD)$ , and $Microsoft(MSFT)$ saw gains of 2

On January 15, 2024, the US presidential election kicked off, and Donald Trump took the lead in winning the Iowa primary.Who's running to be the next US president? What important points that US equity investors should consider in election years? 1. $S&P 500(.SPX)$ performances under Democrats vs RepublicansFrom 2021 to 2024, during the Biden’s Democratic administration, as of January 15, $S&P 500(.SPX)$ had a 3-year growth of 26.7%. Chatgpt helped me calculate that the average annual growth rate is approximately 8.7%.This is lower than the average annual growth rate of 11.3% under Obama and the Democratic administration (2009-2017). It is also lower than Trump’s 13.6% during the Republican adminis

Watch the 2024 Berkshire Hathaway annual shareholders meeting on Saturday, May 4?Every May, the Berkshire shareholders meeting has become a feast for global value investment pilgrimage.The company's performance returns, Warren Buffett and Charlie Munger's letters to shareholders, and valuable sharing on the spot are studied by the investment community around the world.Although Berkshire's investment results have not yet been released, I believe it must be a good result, because Buffett's investment in Japan has also been quite successful in the past two years.This article will take you to a brief review of how Buffett's company has won step by step to increase its position in Japan and win investment victory.Japanese Stock Market Bull Run 2024 📈The Japanese stock market has entered a signi

Simons Foundation Co-Founder, Mathematician and Investor Jim Simons Dies at 86Jim SimonsIn a world of constant change, there are individuals who have not only left a profound mark on academia but have also revolutionized the financial industry. James Simons, the legendary mathematician and investor, stands as one of the most respected figures of our time for his exceptional intellect and unparalleled investment acumen. His passing is a significant loss to both the mathematical and investment communities.Brief Profile: Born in Boston, USA, in 1938, James Simons graduated from the Massachusetts Institute of Technology's math department and earned his Ph.D. from the University of California, Berkeley. A key figure in geometry, his work has had a profound impact across various scientific field

Witness history! $S&P 500(.SPX)$ hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms "bull market" and "bear market" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term "bull market." Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for

Late on March 23rd, TikTok CEO Shouzi Chew was subjected to tough questioning by U.S. politicians at a hearing held by the U.S. House of Representatives Energy and Commerce Committee.After the hearing, which lasted more than five hours, Chew released an internal letter within TikTok describing the hearing. In the letter, he described the hearing as "challenging" and "did not leave much room for factual clarification.” The hearing was not only observed in the technology circle, but Chew's calmness and poise made the hearing attract the attention of more netizens. Before heading into this career test, Chew has already gone through several rounds of tests concerning his personal fate.I. From investor to manager"My name is Shouzi Chew and I was born in Singapore. I ser