To The Moon

The market continues to focus on economic data. The U.S. consumer price index for August will be released on Wednesday, followed by the producer price index and retail sales the following day, which will be a test for U.S. stocks.The U.S. consumer price index rose 3.2 percent in July, the first increase in more than a year, and the market expects the increase to expand to 3.6 percent in August. The annual rate of core CPI, however, likely eased slightly from 4.7 percent in July.If the CPI report is broadly as expected, the focus will shift to PPI and retail sales on Thursday. Analysts predict surprisingly strong consumer spending in the third quarter could be the most important factor in prompting the Federal Reserve to raise interest rates again in September or November, putting retail sa

With a staggering 72% surge in its stock price, investors are left both exhilarated and perplexed. But is this meteoric rise of $Aurora Cannabis Inc(ACB)$ justified, or are we simply riding the waves of legalization rumors? Aurora Coast Grow Room A glimmer of hope for Aurora Cannabis comes from its resolution of the convertible notes issue. The company has taken steps to alleviate its interest burden by swapping some notes for stock. While this move undoubtedly aids in tidying up the capital structure, it alone might not warrant the stock's 18% leap. So, what's fueling this rapid ascent? Joe Biden's alleged backing for the movement The buzz around cannabis legalization is a significant driver. Talks of possible federal legalization have been gainin

$Alphabet(GOOG)$, the search engine giant, is currently facing one of the most significant legal challenges in its history – a 10-week antitrust trial that has the potential to reshape the tech industry and impact Google's stock price. This trial, which began in a Washington D.C. federal courtroom, is reminiscent of the landmark case against $Microsoft(MSFT)$ in the late 1990s, and it could have far-reaching consequences for Google's dominance in the online search market and its stock performance. The Antitrust Battle The U.S. Justice Department, along with dozens of state attorneys general, is alleging that Google has abused its market power in the online search industry. They a

1. $Tilray Inc.(TLRY)$ +14.88%: reported a smaller loss and higher revenueCannabis company Tilray Brands saw its 15% rise after it reported a smaller loss in the fourth quarter compared to the same period in the previous year.The company's revenue also experienced a significant increase, rising 20% to $184.2 million, surpassing the $153.3 million generated in the same quarter of the prior year and exceeding analysts' expectations.Adjusted EPS: $0 vs. -$0.043Revenue: $184.2 mln vs. $152.77 mlnLooking ahead to fiscal year 2024, Tilray forecasts adjusted EBITDA of $68 million to $78 million, indicating growth of 11% to 27% over fiscal year 2023.Tilray, a Canadian company, has been strategically positioning itself to become a major player in the

Last night, after Tesla released its financial report, the stock price plummeted by 9.74%. Could this be the signal of a new round of plunge?Looking back, Tesla $Tesla Motors(TSLA)$ 's previous surge was driven by a skyrocketing valuation due to the rebound in sales. At the beginning of the year, Tesla's price-to-earnings ratio (P/E) dropped to below 30PE:As of yesterday, Tesla's P/E ratio remains as high as 74 times.Regarding sales, the delivery volume in the first half of the year increased by 57% compared to the previous year, and the strategy of price reduction and promotion played a role. But the downside is that the gross profit margin continued to decline in the second quarter, reaching only 18.19%.According to Musk, Tesla is more focused o

Markets focus on the Fed's latest interest rate decision. Tech companies such as Meta and Qualcomm will report quarterly earnings. The Federal Reserve will announce the resolution at 2 o 'clock on Thursday, 30 minutes after the press conference, the market is widely expected to raise interest rates by 25 basis points, so that the interest rate reached a 22-year high, which represents the benchmark interest rate will reach 5.25-5.50%, is the Fed since the beginning of 2022 so far the 11th rate increase, and Chairman Bauer's press conference will be the focus of observation.Microsoft reported lackluster fourth-quarter sales growth after the bell on Tuesday, due to slowing demand for cloud computing, and its revenue outlook for the current quarter fell short of market expectations, sending it

AI illusion shattered, Microsoft may face devaluation risk!After the closing of the U.S. stock market yesterday, both Google and Microsoft released their financial reports. The two tech giants are deeply engaged in the AI race, with Microsoft's OpenAI surpassing Google. However, following the financial report releases, Google surged by 5.76%, while Microsoft experienced a significant decline of 3.7%!Behind the dramatic contrast lies the shattering of AI's illusion.For Microsoft, the market expects OpenAI to drive revenue growth, while conversely, the market is concerned about Google's core business being eroded by Microsoft.However, the reality is that Microsoft has not experienced significant growth with the help of AI, and Google's core business has not been affected either. The market's

Finally, $Microsoft(MSFT)$ pulls back! The earnings is great! However, the market's short-term expectations for cloud services and AI were too high, causing MSFT's stock price to rise too much. As a result, in-line-with expectations is considered as “missed estimates“. Anyway, this pullback is an opportunity to add.I plan to to buy the underlying stock of $Microsoft(MSFT)$ through “Sell Put”. The first strike price of my sell put plan is $285, but currently, the premium for this strike price is too low. The premium for the option expiring on August 18th is only $0.5, so there's no need to sell the Put at this point. If the premium for the $285 strike price reaches $0.75 or more in the next few days, I wil

On 13 Jul 2023, I have posted about Nasdaq Rebalance, FAANG & More Affected? Some pf the topics covered (extracts): When will rebalance occur? Why rebalance is required? List of Nasdaq 100 index Top 20 stocks (current). Personal view of rebalance exercise. 3 “new” stocks to benefit from rebalancing (I think)? If you like to read it, click on above “Blue Title”. Show some love, give a “Like”, “Share” & “Re-post” after reading ok. Thanks. Monday - 24 July 2023 Time flies. Monday, 24 July 2023 was d-day where Nasdaq 100 rebalancing would be effected, when trading begins. Aftermath of Previous “Rebalance”. According to Nasdaq’s VP & Global Hd of index product and operations, Cameron Lilja: In 1998 rebalan