To The Moon

Hey Tigers 🐯! Can $Coinbase Global, Inc.(COIN)$ recover before trading activity does? US Tiger Securities’ Bo Pei maintains BUY and a $250 target in his October 20, 2026 report. 📊 A Recovery With a Lag Bitcoin has rebounded since July, yet third-quarter industry spot volume fell 6.5% sequentially to $2.44tn. Coinbase’s tracked spot volume declined 2% to $140.9bn. 📌 Key Insight: The analyst sees this divergence as consistent with an early recovery. Source: US Tiger Securities Research; original report chart. 💰 What the Earnings Preview Shows 3Q26 forecast US Tiger estimate Revenue $1.19bn Adjusted EBITDA $247mn Adjusted EBITDA margin 20.80% The EBITDA forecast falls 13% from $285mn, mainly reflecting higher marketing spending. Sourc

AI investment has largely been associated with chipmakers and software companies. But as data center developers expand capacity, another group of businesses could benefit: the industrial equipment manufacturers and engineering firms supplying the infrastructure behind the AI boom. $UBS Group AG(UBS)$ expects demand for AI infrastructure to accelerate in 2027, even as supply-chain constraints persist. In an October 16 research report, analyst Steven Fisher said industry experts attending Data Center World Expo in Singapore reported accelerating orders, rising multiyear capacity reservations and confidence that investment would continue beyond 2027. The outlook puts three U.S.-listed companies in focus:

U.S. equities are attracting fresh capital, even as technology funds face billions in outflows. Is Wall Street positioning for another rally — or becoming more selective? Hey Tigers! 🐯 The Q3 2026 earnings season is officially underway, and Wall Street is entering one of the most important reporting periods of the year with high expectations. Corporate earnings are projected to grow nearly 30%, major banks have begun releasing their results, and investors are closely watching whether the AI boom can continue supporting profitability. But the latest market fund-flow data reveals an interesting contradiction. U.S. equity funds attracted $13 billion in fresh capital last week, while technology-sector funds recorded more than $5 billion in outflows. So, what are major financial institutions ex

JD’s Retail Recovery Is Improving — But Can Margins Catch Up? Hey Tigers 🐯! $$JD.com(JD$$ is heading into 3Q26 with a more complicated setup than the headline numbers suggest. US Tiger Securities expects JD’s core retail business to return to modest growth, supported by improving electronics and home-appliance demand and resilient general merchandise. But at the same time, the firm has cut its price target from $35 to $33 and lowered both 3Q and 4Q earnings estimates, with a much more cautious view on 4Q. That creates the key question for investors: Is JD entering a real earnings recovery — or just an early-stage revenue stabilization? The difference matters. Because right now, sales are improving faster than margins. 1️⃣ What Changed? US Tiger now expects JD to deliver: RMB308.3B in 3Q26

October 14, 2026 — Investor Education: The AI Debate, Mapped For the past two years, the AI trade had one voice. This week, it has two — and they're shouting past each other. On one side: Jensen Huang, who just repeated that global AI infrastructure capex will hit $3–4 trillion annually by 2030, insisting demand is "nowhere near" supply-constrained growth. On the other: Michael Burry, the man who called the housing bubble, arguing that AI will consume and destroy trillions in capital — and that markets may need to fall just to stop AI IPOs from vacuuming up the money. Between them sits the most important disagreement in markets right now: Is the AI supercycle a real productivity revolution — or a capex bubble priced for perfection? Here's the full map of who's saying what, so you can decid

$Robinhood(HOOD)$ has reportedly added $25 million in Bitcoin (BTC) to its corporate balance sheet, marking its first disclosed corporate Bitcoin purchase. The move comes as the financial-services platform expands its blockchain infrastructure, tokenized stocks and crypto trading products. The purchase is small relative to Robinhood's size, but it raises a bigger question: Are financial platforms moving beyond facilitating crypto trades to becoming direct participants in the digital-asset ecosystem? 📌 Key Takeaways $25 million in BTC: Robinhood's first publicly disclosed corporate Bitcoin allocation, according to a senior executive. ~$100 billion market cap: The purchase is small relative to the company's overall valuation. Broader

$Goldman Sachs(GS)$ has upgraded $Palantir Technologies Inc.(PLTR)$ from Neutral to Buy, setting a reported $230 price target as it sees further growth potential in the company's AI business. The upgrade, attributed to Goldman analyst Gabriela Borges, highlights two potential growth drivers: sovereign AI and customized enterprise applications. But this isn't just another AI stock upgrade. It raises a bigger question for investors: As the AI boom expands beyond chips and data centers, which companies will capture the value of putting AI to work? 🚀 1. Beyond AI Chips: Where Could the Next Wave of Value Come From? So far, much of the AI investment story has centered on the infra

7 Charts on Q3 Market Highlights: Stocks Tread Water While the Bond Market Shudders The AI trade cooled and bond yields soared to multi-decade highs. Illustration of chart elements on a grey background with 'Q3' at the center, showing a neutral quarter Securities in This Article $Lam Research(LRCX)$ , $Microsoft(MSFT)$ , $KLA Corporation(KLAC)$ , $Broadcom(AVGO)$ , $Meta Platforms, Inc.(META)$ Key Takeaways The stock market rally ran out of steam in the third quarter as AI stocks stumbled. A bond market selloff gained momentum, with Treasury yields rising to multi-decade highs.

Open the market heat map and one thing immediately stands out: red is everywhere. Technology, semiconductors, financials and consumer stocks have all faced pressure, while even $Gold.com(GOLD)$ has fallen sharply. Behind much of this weakness is a powerful combination: oil above $100, persistent inflation concerns and soaring U.S. Treasury yields. On September 29, the 10-year Treasury yield approached 5.27%, its highest level in 19 years, while Brent crude traded around $106 a barrel. The question for investors is simple: Why does a 5% Treasury yield matter so much for stocks? 💥 What's Driving the Red Market? The current market pressure can be understood as a chain reaction: 🛢️ Oil ↑ → 🔥 Inflation ↑ → 🏦 Rate expectations ↑ → 📈 Trea

Hey Tigers 🐯! The AI semiconductor story may be much bigger than previously expected. In its latest outlook, McKinsey raised its 2030 base-case forecast for the global semiconductor market to $2.3 trillion. Its previous estimate, published in late 2025, was: $1.6T → $2.3T by 2030 📈 That is a 44% upward revision in less than a year. But for investors, the bigger question is not simply: “How large can the semiconductor market become?” The more important question is: Where is that additional value being created — and which parts of the semiconductor supply chain are benefiting most from the AI infrastructure boom? 🚀 AI Is Changing the Semiconductor Growth Curve The semiconductor industry has always been cyclical. But the current AI cycle looks different. According to McKinsey, semiconductor s