To The Moon

$Blackstone Group LP(BX)$   Good investment for the long-term

Did you invest in speculative meme stocks?? One of the most volatile meme stocks $Faraday Future Intelligent Electric Inc.(FFIE)$  is definitely not for the faint-hearted person. The price movement each week is too much to handle for most average investors. The rise of various EV companies has resulted in price war to fight for larger market share $Li Auto(LI)$  $XPeng Inc.(XPEV)$  $NIO Inc.(NIO)$  $Rivian Automotive, Inc.(RIVN)$ 

Game over for EV stocks? Most of the EV companies remain unprofitable and they are still burning more cash to build up on their infrastructure and expansion. A few EV companies (Lordstown Motors, Proterra, Fisker) have declared bankruptcy recently. $Rivian Automotive, Inc.(RIVN)$  has just reported its Q2 2024 earnings that showed a wider loss as higher production costs continued to weigh on its financials. Rivian posted a net loss of 1.46 billion, or $1.46 per share, for the three months ended June 30, 2024, compared to a loss of 1.20 billion, or 1.27 per share, in the same period last year. (loss has increased by ~15%). In contrast, Rivian's revenue for the quarter rose to 1.16 billion from 1.12 billion a year

Good opportunity to accumulate more!! Finally!! After a bullish run since the beginning of the year, there is currently fear in the market after news of Berkshire selling away 50% of its holding in Apple appeared!! Notably, even the AI sector is not spared! AI juggernaut such as $NVIDIA Corp(NVDA)$   is down almost ~30% from its peak, which is a potentially good stock to accumulate during the dip. Despite the concern of more severe U.S. restrictions on China, it is still a company that generate huge profit with large profit margin of more than 50%. If Trump were to win the presidential election, it is likely that the U.S. government will impose even more severe trade curbs on companies such as ASML that

Do stocks will always go up over long run? There's one of the important questions that we need to ask ourselves? Yes, I do believe that ETFs would go higher over time but that may not be true for individual stock. Though there have been numerous next-big-thing trends and highly touted innovations that have attempted to follow in its footsteps, none have come close to matching what the internet did for businesses. The rise of AI is viewed as the most important step forward in innovation since the internet became mainstream. The use of software and systems for tasks that would normally be overseen or undertaken by humans, are being given the tools to learn and evolve over time without human intervention, which opens endless possibilities in virtually all sectors and industries. This explains

Will you invest in loss-making companies?? The rise of EV industry has resulted in many EV companies, mainly from US and China. As the competition increases, these EV companies engage in price wars to fight for larger market share. In addition, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. A handful of EV companies have faced bankruptcy such as Lordstown Motors, Fisker etc and another EV company to face potential bankruptcy is a favorite meme stock $Faraday Future Intelligent Electric Inc.(FFIE)$   . It is one of the hottest meme stocks, which has a 3000% rally from ~$0.06 to ~$1.80. However, one

Managed to break even slightly for ytd. But it's a good opportunity for everyone to accumulate more good stocks at lower price! Be greedy when everyone is fearful! @TigerEvents

Will you invest in speculative stocks?? I'm sure most of the Tiger friends are familiar with various meme stocks. $Faraday Future Intelligent Electric Inc.(FFIE)$ is one of the hottest meme stocks, which has a 3000% rally from ~$0.06 to ~$1.80 recently. However, it has low cash balance and may be the next potential EV company to face potential bankruptcy. Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV

Artificial Intelligence (AI): Next Big Thing Though there have been numerous next-big-thing trends and highly touted innovations that have attempted to follow in its footsteps, none have come close to matching what the internet did for businesses. The rise of AI is viewed as the most important step forward in innovation since the internet became mainstream. The use of software and systems for tasks that would normally be overseen or undertaken by humans, are being given the tools to learn and evolve over time without human intervention, which opens endless possibilities in virtually all sectors and industries. It is estimated that AI would add $15.7 trillion to the worldwide economy by the turn of the decade. This explains why AI juggernaut $NVI

Is the market over-reacting? One of the semiconductor juggernaut, ASML just reported its earnings. Its second-quarter net income of 1.6 billion euros (down 17.5% yoy) on revenues of 6.2 billion euros (down 10.2% yoy). Next, its closely watched new bookings increased to 5.6 billion euros ($6.11 billion) from 3.6 billion euros in the first quarter of 2024, with about half of that coming from the company's most advanced EUV product lines -- vital in the manufacture of AI chips and smartphones. Another concern is the prospect of more severe U.S. restrictions on China. The U.S. government is thinking of imposing the most severe trade curbs available if companies including ASML continue to provide China access to advanced semiconductor technology. ASML is being target by the U.S. because it has