To The Moon

Alibaba has undergone a sudden and significant reorganization of its management structure. Daniel Zhang, previously serving as Chairman and CEO of Alibaba Group, will now step down from both positions and assume the role of CEO of Alibaba Cloud unit. Eddie Wu, one of Alibaba's co-founders, will take over as the Group CEO, while Joe Tsai, another co-founder, will become the chairman. Unlike Zhang, both Wu and Tsai have been with Alibaba since its inception. Wu initially served as a technology director in 1999 and possesses extensive experience in the company's core e-commerce business, monetization, and technology, making him a logical choic to oversee the entire group. Tsai previously held the position of the company's chief financial officer until 2013 and currently serves as executive vi

— Or just picking you up in reverse? After reaching its peak with an opening stock price of $351 on June 16th, the stock price of the tech giant $Microsoft(MSFT)$ started to decline and by the close on June 26th, it had fallen back to the levels of late May. Other tech giants have also experienced varying degrees of retracement recently, and $NVIDIA Corp(NVDA)$ , the strongest chip stock due to increased demand for AI, has experienced its largest drop in a month. Is AI cooling down?As for ChatGPT, according to SimilarWeb data, the growth in ChatGPT's traffic has noticeably slowed down recently, with a continuous decline in month-on-month comparison due to a larger base. Unless there are unexpected develop

Last week was the fourth week of June. From the overall situation of option transactions, many institutions began to purposefully layout July weekly options. After all, there are big events every week in July: nonfarm in week 1, CPI in Week 2, the start of earnings season in week 3, and FOMC in week 4. From the perspective of the weekly option opening situation, the institution as a whole tends to be optimistic, of course, the most optimistic is Nvidia:buy $NVDA 20230630 450.0 CALL$I thought I was dazzled when I saw this big order. Two million, 10,000 lots. Options expire this week.The last time I vaguely remember seeing a big option order like this was at Tesla. $M