To The Moon

I am certain by now, everyone is aware of the antitrust law suit brought upon Google by US’s Justice Department (DOJ). The Justice Department has suggested a breakup of $Alphabet(GOOG)$’s Google as a potential way to address its de facto “Search” monopoly. Alphabet is fighting back against the prospect, of course. However, should it take place, investors should not be all that upset. According to Alphabet’s VP (Regulatory affairs) - Lee-Anne Mulholland: The government seems to be pursuing a sweeping agenda that will impact numerous industries & products, with significant unintended consequences for consumers, businesses, and American competitiveness. To call it a big deal would be an understatement. A breakup of a monopoly has not happened

On Thu, 10 Oct 2024 the latest US consumer price index (CPI) inflation data was dropped. It was not exactly what US market and analysts were expecting. As a result, US stocks turned south on Thursday, blurring the picture of the Feds next interest rate decision in November, 6-7, slightly less than a month’s time. When the clock chimed 4pm: (see above) DJIA: -0.14% (-57.88 to 42,454.12). S&P 500: -0.21% (-11.99 to 5,780.05). Nasdaq: -0.05 (-9.57 to 18,282.05). CPI - September 2024. Here’s the summary, very quickly. Headline Inflation. YoY: was 2.4% vs forecast 2.3% vs Aug’s annual inflation 2.5%. Cooling. This is the smallest annual rise since February 2021. MoM: was 0.2% vs forecast 0.1% vs Aug’s monthly inflation 0.2%. Status quo. Core Inflation. YoY: was 3.3% vs estimates 3.2%

On 12 Sep 2024, I have a “picked” post on $Palantir Technologies Inc.(PLTR)$ vs $C3.ai, Inc.(AI)$. Did you manage to come across it ? (click here ! to refresh memory, if needed!) Its been a month since, when I come across another post on Palantir. (see below) The Purchase. On 30 Sep 2024, Vanguard Group Inc made a significant addition to its portfolio. It has bought 42,466,906 Palantir shares and increased it's total holdings in Palantir to 244,058,850 shares. The trade was executed at $37.20 per share, reflecting a strategic enhancement in Vanguard's portfolio w

So much have happened to $Intel(INTC)$ lately. From its weak last quarter earnings to its stock price crashing “big time”, what does the future holds for this former #1 chip maker? To be able to own your point of view, it is necessary to understand what have transpired so far. The Big Picture. (1) Q2 2024: Earnings. Revenue: was $12.83 billion vs $12.94 billion expected vs -0.77% YoY loss from $12.9 billion (Q2 2023) Earnins per share (non GAAP) : was $0.02 vs $0.10 expected vs -85% YoY loss from $0.13 (Q2 2023). Its weak earnings were primarily due to weaker-than-expected performance in its PC segment, that has been steadily eroded by competition in recent years. In a bid to halt erosion rate, a decision to more rapidly produce Core Ultra PC c

It is strange that Tesla fans are still excited about a 10 years dream in the making when Waymo and Cruise already have a revenue generating app and business going. I cannot wait to find out who will be gung-ho enough to risk their lives by taking a ride in Tesla robotaxi. It is beyond commonsense to line someone's pocket with cash using your own life as a stake to ensure his success, wealth and fortune... If someone is willing, who am I to stop him/ her/ them right. Free world, free choice

Last week was an “interesting” way to kickstart Q4 2024 and the first week of October. 3 main events influenced and presided over the US market: Tue, 01 Oct 2024. Iran missiles attack. Status - “opened”. Tue, 01 Oct 2024. US Port strike. Status - “pend until 15 Jan 2024”. Fri, 04 Oct 2024. US Non-farm payroll report. Status - “completed”. Coupled with the 4 jobs related reports released between Tue, 01 Oct to Fri, 04 Oct, the US market edged marginally higher by the end of the week. (see below) Despite a (a) fluctuating rate cut bets, (b) geopolitical tensions, and (3) supply chain concerns: DJIA: +0.15% (+63.0 to 42,352.75). S&P 500: +0.43% (+24.55 to 5,715.07). Nasdaq: +0.38% (+68.02 to 18,137.85). As we head into a new week, I will be curious if residual effect from last week’

Nvidia’s So Far. It is no secret that Artificial Intelligence (AI) stocks have dominated the market for the last year and this year. Accounting firm PricewaterhouseCoopers (PwC) -- one of the "big four" has lay claims that AI could add $15.7 trillion to the global economy by 2030, a hype that is gaining traction. AI revolution poster child, $NVIDIA Corp(NVDA)$ has seen its stock price skyrocket nearly +1000% from late 2022 to present. However, the last few months have not been as kind to it. After peaking in June 2024, shares of Nvidia are down about -10%. (see above) Investors have become wary about Nvidia, due to concerns about the US economy and the possibility of a slower AI growth. So, where to go from here? AI Summit (Oct 07 - 09). As the

Where will $Tesla Motors(TSLA)$ be this time, next week - Sun, 13 Oct 2024 ? It would effectively be 3 days - post its autonomous driving “capability / disability” reveal on Thu, 10 Oct 2024. at Warner Bros. studio in Burbank, California. With the recent happenings to the EV carmaker the week before, how will the stock perform: By end of unveil week. By end of October 2024. To make sense of it all, hopefully looking at what have transpired this past week, will provide valuable insights for the coming week. (1) CIO Resigns 12 Years On. On Fri, 04 Oct 2024, it was reported that Tesla’s long serving Chief Information Officer (CIO) Nagesh Saldi has resigned. (see above) Staff attrition is part and parcel of a company, a “natural” process. However,

What does the $S&P 500(.SPX)$ market index signify? It reflects the overall health of the American stock market, with a quality filter based on market capitalization. Investing in this market tracker through exchange-traded funds (ETFs) like the $SPDR S&P 500 ETF Trust(SPY)$ gives investors a ton of diversification and sets any investor up for robust long-term returns. Statistically, it has been shown that if a person has invested $1,000 in the SPDR fund 10 years ago and set the position up to reinvest dividend payments in more shares, he / she would have $3,500 today. That's a compound annual growth rate (CAGR) of +13.2%, leaving inflation rates far behind. Many investors get started in a popular

On Thu, 03 Oct 2024 another jobs report- the US weekly jobless claims was published. It did little to restore calm to the US market. Instead, US market slipped lower (marginally) from Wednesday’s closing. By the time market closed : (see above) DJIA: -0.44% (-184.33 to 42,011.59). S&P 500: -0.17% (-9.60 to 5,699.94). Nasdaq: -0.04% (-17,918.48). US Weekly Jobless Claims. The number of Americans filing new applications for unemployment benefits rose marginally for the week ending 28 Sep 2024. Some analysts have attributed the rise to: Hurricane Helene’s rampage in the US Southeast. Strikes at (i) Boeing and (ii) ports, may have distorted the labour market picture in the near term. According to the Labour Department, US weekly initial jobless claims registered 225,000 applications