To The Moon

The so-called Magnificent Seven group of tech stocks have spent the past two years looking invincible, so it's ironic that the companies worth $18 trillion in total market value were undercut this past week by a Chinese start-up no one on Wall Street had heard of just days earlier.Such is the power -- and vulnerability -- of being on the cutting edge.The new R1 artificial-intelligence model from China's DeepSeek has comparable performance to some of the world's best models, and seemingly comes at a lower price to train and run in the cloud.There are many reasons to be skeptical of R1, beginning with the fact that the Chinese government may be subsidizing R1's creation and deployment. But DeepSeek has made the model open source and produced two white papers detailing its methods, and AI labs in the U.S. and allied countries are busy trying to replicate what DeepSeek did.It's the cloud, in fact, that looks most vulnerable from the DeepSeek development. The ability to run models on local

🌟🌟🌟$Energy Select Sector SPDR Fund(XLE)$ has risen 143% since President Biden took office in January 2021 through to May 30 2024 according to Morningstar Research. That is about 3 times the total return of $SPDR S&P 500 ETF Trust(SPY)$ in the same time frame. In contrast the technology sector which is in second place, does not even come close. It has a total return of 67% in that time. The energy sector has offered returns that equals those from the Technology, Industrial and Financial Sectors combined. The reasons behind the spectacular rise in the Energy sector stocks are the Corona Virus Pandemic, OPEC's response to it as well as the US san

Fed chair wants everyone to know that he's going to fight inflation until it cries unclePowell ain’t

SummaryA friendly reminder that AAPL will be reporting its FQ4'22 earnings on 27 October 2022.It seems that this giant could not escape the dreary recession party, just in time for the upcoming Hallow

Over the mid term,Alibaba’s share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected?

The prices that goods and services producers receive rose in March at the fastest pace since records