To The Moon

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🇺🇸 regulators on 28/4 (Fri) put large 🏦🏦🏦 on notice that tougher oversight is coming, after the Federal Reserve & Federal Deposit Insurance Corporation (FDIC) detailed their supervisory lapses before deposit runs caused the collapse of Silicon Valley Bank (SVB) & Signature Bank in March. The Fed's assessment of its inadequacies in identifying problems & pushing for fixes at SVB came with promises for tougher supervision & stricter rules for 🏦🏦🏦. ➡️ “Our first area of focus will be to improve the speed, force, and agility of supervision," Fed Vice Chair of Supervision Michael Barr. Barr also signaled plans to subject banks with more than $100 billion in assets to rules currently reserved for bigger rivals, given that increased capital & liquidity requirements would have

$Amazon.com(AMZN)$ reported Q1 2023 earnings that topped Wall Street targets amid cost-cutting by the e-commerce giant. AMZN📦 stock fell 3.98% on 28/4 (Fri) to close at $105.45 as management's earnings call commentary raised questions over how long a slowdown in cloud computing growth will persist. 👌 Q1 sales for the cloud computing unit, Amazon Web Services (AWS), rose 16% to $21.4 billion, slowing from 37% growth in the year-earlier period but beating analysts’ projected AWS growth of 15% for the March quarter 👎 On the 📦 earnings call, management said AWS is seeing slower growth in April 🆚 Q1. 👎 Investors panicked & sold-off because Wall Street analysts have expected AWS revenue growth to bottom in Q2 202

The debut of the next generation of chatbots has sparked a frenzy. $NVIDIA Corp(NVDA)$ developed "guardrails" to keep chatbots on track.Chatbots have a credibility problem. Nvidia says it has devised a solution. After years of progress behind the scenes, 2023 is the year of AI, and for good reason. ChatGPT, which was launched at the end of last year, has become popular all over the world, and its monthly active users have grown to 100 million by January.Excitement quickly turned to frenzy following the news that Microsoft had invested $13 billion in OpenAI, the creator of ChatGPT. This has sparked a frenzy of other companies with AI expertise releasing next-generation chatbots of their own.However, these advances have some notable limitations. Sub

$Meta Platforms, Inc.(META)$ soared today by 14%, but two smaller social media companies, SNAP and PINS, fell after their quarterly reports. In terms of stock performance, META>> PINS > SNAP. In terms of quarterly numbers, $Pinterest, Inc.(PINS)$ exceeded expectations last quarter, while SNAP fell short.Meta's advertising revenue increased by 3% YoY, PINS' increased by 5%, and SNAP's decreased by 7%. The difference is still significant.1.Why did META can deliver a good report after Apple’s privacy terms?For social media platforms, they must rely on self-reliance, which is what Metaverse refers to as "using AI to solve Apple's privacy issues." This is achievable for

Welcome to this week's Thursday Special! Tomorrow is the last trading day of April. May is here! Happy Labor Day! How are you going to spend your holiday?Sell in May and Go Away” – in 9 out of 11 Countries it Makes Sense to Do So snbchf.comToday we'll talk about “Sell in May and go away”. Do you think there will be a sell-off in May? And why?For example, you may find some clues from the earnings, the trend of $S&P 500(.SPX)$ or huge gains since the YTD. Please share your opinions with evidence in the comment. Buy in June and Retire by Noon | Robinhood | Know Your MemeTips:Everyone who shares specific experiences or strategies will be rewarded. No coins for the

So the saying goes: can't beat them, join them! Insiders at Apple sold over $41,000,000 in shares this week. The string of sales came from high ranking executives including CEO Tim Cook, whose last sale was over 2 years ago. The four top executives sold over $40 million worth of stock and probably just ticked the top in $AAPL: 1. WILLIAMS JEFFREY COO 2. Adams Katherine L. SVP 3. COOK TIMOTHY CEO 4. PMO'BRIEN DEIRDRE SVP Run AAPL Run Facing "plummeting" Mac sales amid a severe PC market downturn, Apple in January completely suspended production of its custom-designed M2 series processors that power new MacBook Pro and Mac mini models and the latest MacBook Air, according to The Elec. Taiwan's TSMC did not send 5 nano-process M2 chip wafer workpieces to the outsourced semiconductor pack

Summary sale / purchase by Ms Cathie Wood : Sold - 139,642 Tesla shares at $192.22 per share. Total sales proceeds - $26.84 Million. Bought - 268,928 Coinbase shares at $66.30 per share. Total purchase costs - $17.83 Million. Bought - 320,557 Block shares at $61.88 per share. Total purchase costs - $19.84 Million. Ark funds forked out additional $10.83 Million to complete above 2 purchases. A few things came to mind when I came across above news article.. The obvious question is “Why did Ms Cathie Wood sell $Tesla Motors(TSLA)$ and used the proceeds to fund additional purchase of $Coinbase Global, Inc.(COIN)$ and $Block(SQ)$ ? Before examining each reason under the

[Miser]Hi Tigers[Cool]Do you often consume luxury brand or goods?In this article, we collected the top 17 luxury goods companies Q422 or FY22 financial data, knowing that 12 of 17 companies see sales increased YoY and, most of the 17 companies see net profit increased YoY as well.The Bain & Company Luxury Study had pointed in late 2022, that the overall global luxury goods industry is projected to achieve a market value of around $242.8 Billion in sales in 2022, up 21% from the previous year.Source from Web1. What does the increase of global luxury consumption mean?We all know luxury goods consumption belongs to non-essential consumer goods industry, which is a cyclical industry highly connects to economic situation, when the economy goes down, the willingness to consume luxury good wi