To The Moon

Apple (NASDAQ: AAPL) reported quarterly earnings of $1.53 per share which beat the analyst consensus estimate of $1.50 by 2 percent.

Super Micro Computer press release : Q3 Non-GAAP EPS of $6.65 beats by $1.08. Revenue of $3.85B misses by $50M. For the fourth quarter of fiscal year 2024 ending June 30, 2024, the Company expects net sales of $5.1 billion to $5.5 billion vs $4.86B consensus, GAAP net income per diluted share of $7.20 to $8.05 and non-GAAP net income per diluted share of $7.62 to $8.42 vs $6.96 consensus For fiscal year 2024 ending June 30, 2024, the Company is raising its guidance for revenues from a range of $14.3 billion to $14.7 billion to a range of $14.7 billion to $15.1 billion vs $14.59B consensus and establishing guidance for GAAP net income per diluted share of $21.61 to $22.46 and non-GAAP net income per diluted share of $23.29 to $24.09.

Tesla stock picked up a new bearish rating, and it had an impact in morning trading.Tesla shares dropped more than 3% in morning trading.Thursday, according to ratings-aggregation services, HSBC launc

Tesla's price cuts might concern some of Nio's investors, but an upcoming quarterly event could give NIO stock a major boost.

Here’s what Yu had to say about Nio in a note to clients obtained byStreetInsider.“Motivated by a greater sense of urgency, NIO’s operational execution has improved significantly in the past quarter with new models ramping quickly and sales efficiency improving.”Following this positive statement from the Deutsche Bank analyst comes new estimates for deliveries. Yu is now expecting the company to deliver more than 60,000 units in Q3 2023. The analyst is also expecting deliveries for the full year

Nio just announced blowout record monthly deliveries.

EV shares dropped in morning trading.Nikola fell 17%; Fisker fell over 7%; XPeng fell 6.5%; Rivian fell over 3%; Li Auto, Nio, Lucid fell about 2%.

Nio CEO William Li previously said that the company's first smartphone model will be launched in the third quarter. ...

If you currently own NIO stock, take advantage of the battery swap rally, and sell into strength. Otherwise, avoid.