To The Moon

Nvidia is spreading its good fortune by investing in smaller companies in AI.

Shares of leading designer of graphics chips Nvidia jumped 6.2% in the afternoon session after markets rallied, with the Nasdaq up 2.1%, while the S&P rose 1.1%, following strong earnings from big tech companies including Microsoft and Alphabet. Notably, the earnings highlighted the strong demand for AI solutions, including cutting-edge AI chips that power most AI applications. These chips are developed by Nvidia and its peers.For example, during its Q1'2024 earnings call, Meta raised its forecasted operating expenses and capital expenditures for the full year. The increased costs are related to the company's AI infrastructure. It also released its AI assistant, Meta AI. This product was rolled out across its family of apps and is powered by Llama 3, an open-source large language model that is a ChatGPT competitor.

$Wal-Mart(WMT)$ is expected to release earnings on 20 Feb 2024 before the market opens (BMO). The discount retailer will be releasing its fourth-quarter results. Analysts believed that Walmart generated good momentum in the fourth quarter despite the topsy-turvy spending backdrop throughout the period. What investors would be looking out would be the Q4 earnings details and Walmart 2024 outlook, this should provide more optimism on the sustainability of its recent share gains and its future potential. Industry analysts anticipate the company to report EPS of $1.64 (-4.1% YoY) on revenue of $170.7 billion (+4.0% YoY). We have seen WMT stock accumulated a total return (price change + dividends) of 7.4% for the year-to-date, outperforming the broader

Palantir's stock has surged by 40% in the past five days, generating excitement but also raising concerns about rational decision-making.The company's products and AI strategy in the commercial sector