To The Moon

Major U.S. equities indexes were mixed and little changed on Wednesday as Nvidia (NVDA) prepared to disclose quarterly results after the closing bell. After trading in negative territory for much of the day, stocks rallied in late trading Wednesday, putting the Dow Jones Industrial Average and S&P 500 into positive territory, as investors awaited the release of quarterly results from AI investor favorite Nvidia (NVDA). S&P 500 rebounded in the afternoon to close flat for the session. The afternoon rally helped lift the Dow to a daily gain of 0.3% higher to snap a four-session losing streak, while the NASDAQ ended 0.1% lower. The S&P 500 has now risen for three straight days, recovering some of the losses recorded last week as a big post-election rally fizzled. S&P 500

After $MicroStrategy(MSTR)$ complete its largest-ever Bitcoin purchase, we saw a surge in trading for this business intelligence software firm turned bitcoin trading proxy. On Wednesday, we saw that MSTR trading volumes in dollar terms surpassed those for assets like SPY, one of the largest exchange-traded funds on the market. MicroStrategy announced it purchased approximately $4.6 billion on Monday, its largest transaction series to date. The company, founded by Michael Saylor in 1989, has been executing a strategy of selling debt to fund its bitcoin purchases for years. It also buys bitcoin using cash generated from its traditional business.  On Monday, MicroStrategy upsized a previously announced convertible senior note offering to $2

$PDD Holdings Inc(PDD)$ is scheduled to report the quarterly earnings for period ending 30 September on 21 November 2024 before market open. PDD is expected to report a rise of 49.1 in quarterly revenue to CNY 102.646 billion from CNY 68.84 billion a year ago is expected to show a rise in quarterly revenue when it reports results on November 21 for the period ending September 30 2024 Earnings per share is estimated to come in at CNY 19.79 per share or $2.71. Will PDD Temu's European Expansion Affected By EU Probe (Twice) PDD Holdings' total revenues for the second quarter of 2024 were US$113,355.8 million, which was an 86% increase from the same quarter in 2023. However, this growth was slower than the 131% rate recorded in the first quarter of the

On Tuesday (19 Nov) stock market gave a mixed performance as investor sentiment was affected by the geopolitical tensions while investors also try to comprehend earnings reports from major retailers and await Nvidia’s earnings results today (20 Nov 2024). S&P 500 and NASDAQ gained 0.40% and 1.04% respectively after rebounding from early session losses while DJIA dropped 0.28% to end lower for fourth straight day. As market recovers some losses from last week, S&P 500 and NASDAQ have risen for two straight days. Last week was the worst week for U.S. stock in two months after the big post-election rally ended. Market participants was affected by the reports in the early session that Ukraine fired U.S.-supplied missiles into Russia, as well as news that Russian President Vladimir Puti

$Palo Alto Networks(PANW)$ is scheduled to announce fiscal Q1 2025 earnings results on Wednesday, 20 November 2024, after market close. In the fourth quarter of fiscal 2024, Palo Alto topped consensus estimates, bolstered by an increase in its subscription and support revenue. On a per-share basis, the company reported earnings of $1.51, which was more than the consensus estimate of $1.41, while quarterly revenue of $2.19B (+12.8% Y/Y) beat estimates by $40M. For this reporting quarter, market is expecting PANW to report a quarterly EPS Estimate of $1.48 (+6.5% Y/Y) on revenue of $2.12B (+11.6% Y/Y). The company's management transitioned guidance to an RPO (remaining performance obligation) basis and guided for 19% to 20% growth for both fiscal fi

$Snowflake(SNOW)$ is scheduled to report its third-quarter fiscal 2025 results on 20 Nov 2024 after market close. Market consensus estimate for revenues is pegged at $898.77 million, indicating an increase of 22.42% from the year-ago quarter’s reported figure. Earnings per share consensus mark we are looking at 15 cents, this is a decrease of 40% compared to same quarter one year ago. Good Cloud Computing Growth Might Be Good News For SNOW If we were to look at SNOW as a standalone software house, I do not know that is appropriate, SNOW sells their data analytics and management software that runs on the cloud computing platforms of $Amazon.com(AMZN)$ , $Microsoft(MSF

The S&P 500 and NASDAQ rose Monday (18 Nov) with 0.39% and 0.60% gains respectively as the U.S. equities market rebounded from a sharp sell-off at the end of last week.  Russell 2000 increased by 0.1%. DJIA slipped 0.1%. Stocks were coming off their worst weekly performance since early September, with the S&P 500 and Nasdaq Composite losing 2.1% and 3.2%, respectively, last week as the post-election rally that had boosted stocks to record highs lost steam. Buy-the-dip interest following last week's consolidation supported the market's upward trend. Mega-cap stocks and semiconductor-related names significantly contributed to the index gains. Nvidia (NVDA) was down 1.29%. The stock fell due to reports about potential overheating issues with its AI chips. Earnings are expected to

$NIO Inc.(NIO)$ is scheduled to report its quarterly earnings for the period ending 30 September 2024 on 20 November 2024 before market open. NIO is expected to show a rise in quarterly revenue with a 0.7% increase in revenue to CNY 19.193 billion from CNY19.07 billion a year ago, This is within the guidance given on 05 September 2024, for the period ended September 30, which was for revenue between CNY 19.11 billion and CNY 19.67 billion. Its gross margin was 9.7 percent in the second quarter, the highest since the third quarter of 2022. The figure was 1.0 percent in the second quarter of 2023 and 4.9 percent in the first quarter of 2024. Vehicle margin was 12.2 percent in the second quarter, compared to 6.2 percent in the second quarter of 2023 a

Building the infrastructure for AI is still very much a work in progress. Capital expenditure at Microsoft , Meta , Alphabet and Amazon reached a combined $60 billion in the third quarter. But companies warned that the spending is not going to end anytime soon. I am writing this article to examine whether Nvidia can continue to win with more orders as Big Tech AI Capex spending cycle does not seem to show signs of slowing down. I am holding onto my position in Nvidia as I expect Nvidia to make a move towards the $155 if the sales order booked with AI Capex cycle translate to revenue for the reporting quarter. $Microsoft(MSFT)$ forecast second-quarter 2025 Azure revenue growth of 31% to 32%; Capital expenditures rose 5.3% to $20 billion;

$XPeng Inc.(XPEV)$ is expected to report its quarterly earnings for period ending 30 September 2024 on 19 Nov 2024 before the market open. XPEV is expected to show an increase in its quarterly revenue mainly due to a significant increase in the deliveries for the third quarter. Revenue is expected to see a 14.5% increase in revenue to CNY 9.769 billion from CNY 8.53 billion a year ago. This is near the high side of the guidance that was given for period ending 30 Sep 2024 on 20 Aug 2024 which estimated revenue to come in between CNY 9.10 billion and CNY 9.80 billion. Earnings per share for XPEV is expected to come in at a loss of CNY1.71 per share or 29 cents. Xpeng (XPEV) Registrations In China Declining -> Worrying Signs? XPEV insurance regis