To The Moon

The main U.S. indexes were for a muted open on Tuesday, as investors refrained from placing big bets before AI chip leader Nvidia's earnings this week and amid policy caution from Federal Reserve officials ahead of the central bank's meeting minutes.Faraday Future tumbles 17% in morning trading on Tuesday, after skyrocketing 74% on Monday.

** U.S.-listed shares of China's online education firm Gaotu Techedu slip 6.7% to $7.66 premarket after a downbeat revenue forecast ** Co's net revenue up 33.9% YoY to 946.9 million yuan; expects Q2 net revenue between 908 million yuan-928 million yuan ** Analysts were expecting Q1 revenue of 943.7 mln yuan and Q2 revenue of 1.02 bln yuan, as per LSEG estimates ** GOTU's non-GAAP net income plunge 97.7% YoY to 3.0 million yuan ** Six of eight brokerages rate the stock "buy" or higher and two "hold"; their median PT is $8.61 ** As of last close, GOTU's stock had risen 125.96% YTD

Shares of Truth Social's parent company are down about 5% Tuesday morning after the company reported less than $1 million in first-quarter sales and a big operating loss.-- The results highlighted the chasm between the company's struggling business and its market value of roughly $8 billion.-- Donald Trump's stake is worth more than $5 billion, a fortune he could begin tapping in late September after a lock-up period ends.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .

$S&P 500(.SPX)$ closed at 4273.53, below the key support level of 4300; $NASDAQ(.IXIC)$ fell below 13100 yesterday.With two key indices falling below the support level, market begins to speculate for more declines.The UAW strike, the potential shutdown of the US government this weekend, and analysts downgrading ratings of tech giants have made the upcoming October more uncertain.If the Republican and Democratic parties cannot reach an agreement before October 1st, most federal government departments will have to shut down.Although fat bear week is held to pick fat bears, some retail investors consider it’s an unlucky period for stock market. Especially, it coincides with the plunge of major indi