To The Moon

$ARM Holdings Ltd (ARM)$ shares pulled back nearly 10% in late trading on Wednesday even as the British chip design firm offered up fiscal fourth-quarter results and guidance that topped expectations. Last September, its IPO'd in what could be considered the most hyped IPO in recent years.Q4 Earnings ReviewRevenue increased by 47% YoY to $928 million, with license revenue surging 60% to $414 million and royalty revenue growing 37% to $514 million. Chips shipped total of 7 billion.Adjusted EPS $0.36, beating the consensus estimate of $0.30 per share.Guidance for FY2025 Q1, Adjusted EPS between $0.32 and $0.36, revenue projected between $875 million and $925 million, slightly below consensus.Guidance for FY2025 full fiscal year, Adjus

$Walt Disney(DIS)$ in FY24 Q2 The jump and plunge of nearly 10% after earnings shows a loosening of the long side, related to the quality of its chips.DIS's actively traded chips are a mix of less risk-averse investors who think of it as a "blue chip" and more risk-averse investors who think of it as a "growth stock," which has led to a lot of volatility in the post-earnings market in recent times.Stop treating Disney like a growth stock. Since Bob Iger's return, cost-cutting and efficiency, especially for the streaming division, has been very determined. So Disney's overall revenue has been in the low single digits for three straight quarters, withThe trend of decline in the limited network, which has the highest share, is unchanged;Park revenues

$Palantir Technologies Inc.(PLTR)$ reported Q1 earnings, and while both the top line and bottom line beat consensus.But post-market feedback was still negative, mainly due to lower-than-expected current billings and slower revenue growth in the U.S. commercial segment.Meanwhile, guidance upgrades have been factored in by the market, falling short of positive pre-earnings funding expectations.Investment Highlights:1. U.S. commercial revenue growth slowed down, international revenue growth picked up. Palantir's U.S. revenue has always accounted for more than half of the revenue in the last quarter to achieve a rapid growth of 70% of the large exceeded expectations, Q1 growth rate fell rapidly to 40%, slowing down the expansion; while the internation

As the Japanese yen exchange rate hit 160 in the early morning of April 29, marking a new low not seen in over 34 years, the Bank of Japan may have started to take action. Since April 29 is not a trading day in Japan (Showa Day), trading was relatively thin, resulting in larger intraday volatility. $iShares MSCI Japan ETF(EWJ)$ $Japanese Yen - main 2406(JPYmain)$ $Invesco CurrencyShares Japanese Yen Trust(FXY)$ What are the impacts of the yen's depreciation?Depreciation FactorsMonetary Policy Unchanged: The Bank of Japan decided at its March meeting to maintain the current bond purchase scale without announcing a reduction in bond purchases. This indicates tha

Since April, the nominal yield on $US10Y(US10Y.BOND)$ has surged close to 4.7%, and the real interest rate has risen from 1.87% to 2.41%. The $USD Index(USDindex.FOREX)$ has increased from 104 to 106, yet $Gold - main 2406(GCmain)$ has paradoxically soared by more than 7%, with only a slight pullback seen recently. $SPDR Gold Shares(GLD)$ Is this seemingly "contradictory" trend indicative of the emergence of new and more significant pricing factors at play?There are some aspects to observe.Divergent Traditional Correlations: The recent rise in gold prices, alongside increases in both the US dollar and

Big-Tech’s PerformanceRecent market volatility stems from two main factors:Tightening macro eviroment. inflationary pressures that have reduced expectations and pricing for interest rate cuts;Earnings season where U.S. companies are being scrutinized for their performance. Big tech stocks have also experienced significant volatility this week, Market consensus often swings to the extreme, META, GOOGL, and TSLA are all typical examples of sentiment-driven valuation returns.As of the close on April 25, influenced by the earnings season, the best and worst performers of the past week were, $Tesla Motors(TSLA)$ with a sentiment reversal of +13.51%, followed by $Apple(AAPL)$ , which was unaffected by earnings,

Unlike $Meta Platforms, Inc.(META)$ ‘s huge plunge after its Q1 earnings, $Alphabet(GOOG)$ surged 12% following a same strong Q1 performance, with overall revenue growth beating and a new high in profit margins, and accelerated capital expenditure on AI. Google rolled out a major action of "$70 billion buyback + dividend," towards its shareholders, which not only boosted market confidence but also reversed the lack of confidence in Google since the previous quarter. $Alphabet(GOOGL)$ Investment HighlightsAll major businesses exceeded market expectations. Total revenue was $80.5 billion, a year-on-year increase of 15.4%, surpassing the market consensus of $79 bil

Unlike $Meta Platforms, Inc.(META)$ ‘s huge plunge after its Q1 earnings, $Alphabet(GOOG)$ surged 12% following a same strong Q1 performance, with overall revenue growth beating and a new high in profit margins, and accelerated capital expenditure on AI. Google rolled out a major action of "$70 billion buyback + dividend," towards its shareholders, which not only boosted market confidence but also reversed the lack of confidence in Google since the previous quarter. $Alphabet(GOOGL)$ Investment HighlightsAll major businesses exceeded market expectations. Total revenue was $80.5 billion, a year-on-year increase of 15.4%, surpassing the market consensus of $79 bil

Two months ago, just because the financial report exceeded expectations, on the evening of April 24th, it immediately fell back to the starting line. Even though $Meta Platforms, Inc.(META)$ had a comprehensive Q1 financial report that exceeded expectations, it still plummeted by 18%. What exactly is the market dissatisfied with? Investment pointsDoubts about user base? User scale is the basis of advertising revenue for social media companies. The company announced that starting from Q1 24, it will no longer disclose operational indicators such as DAU/MAU/MAP/ARPU, and will instead focus on the changes in ad impressions, similar to how $Netflix(NFLX)$ stopped disclosing subscriber numbers from 2025 and in

The performance of Hong Kong stocks has been good lately. $TENCENT(00700)$ stopped repurchasing on April 15th and not only remained stable during the external callback but also rose continuously this week. Blockbuster game DNF mobile game's launch is confirmed, and the market expects a significant increase in Q1 net profit. However, what is more important is $Naspers Ltd.(NPSNY)$ which has seen a decrease in the reduction of holdings for two consecutive weeks. Continuous inflow of central capitalOutflow of funds brought by the decline in the US stocks, is stimulating the emerging markets quite significantly. Similarly, Meituan-W (03690) also experienced similar fluctuations, with the reason for the inc