To The Moon

Thus far, 2024 has been the year of AI — and although stock market darling and semiconductor leader Nvidia (NASDAQ: NVDA) has been the most publicized winner of this new industry’s rapid rise, big dat

Tesla Inc stock has had a huge runup. TSLA is up over 26% in the past three days. Is it worth buying here?It's obvious that Elon Musk's relationship with President-elect Trump is one reason it spiked. But is TSLA stock overvalued now?

By Chris Kirkham Nov 5 - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network. “Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses. Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous. His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”

Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, de

-- Chinese tech stocks have had a tremendous rally since the nation announced its stimulus spree. And this time, it may be real.Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase & Co. That could be good news for the market.“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan Chase & Co. strategists including Nikolaos Panigirtzoglou wrote in a note this week. “Short covering in individual stocks appears to have played only a modest role in the Chinese equity rally.”The Hang Seng Tech Index, which tracks 30 Chinese tech companies listed in Hong Kong, has soared more than 45% in less than four weeks, including a record surge in the six days through Wednesday. Alibaba, JD.com and food-delivery company Meituan were among those that had some of th

WASHINGTON, Oct 2 - The U.S. Commerce Department said Wednesday it plans to award $100 million to boost the use of artificial intelligence in developing new sustainable semiconductor materials. The department, which is overseeing $52.7 billion in U.S. chips manufacturing and research grants, plans to award $100 million to help universities, national laboratories and the private sector develop AI-powered autonomous experimentation for sustainable semiconductor manufacturing. The goal is to reduce time needed to develop new semiconductor materials that are less resource-intensive.

) Now That The Rally Has Begun, What Should We Do?At this point, I think it would make sense to close out the long calls. BABA and FXI IV rank are both at the 99th percentile, meaning both tickers have had the h

Micron's earnings eased oversupply fears as investors realized they had been too pessimistic.Micron's business cyclicality has heightened fears. However, the AI growth inflection could sustain its cur