To The Moon

🌟🌟🌟📮📮📮The CSI 300 closed up 1.35% on Wednesday, putting it 0.8% higher on the year. This is the first time it has been in the green since the start of 2024. Has China's stock market turned a corner? China's major banks recently reduced the 5 year loan prime rate, a benchmark for home loans to a new low of 3.95% from 4.2% previously. This is the largest cut since the rate was introduced 5 years ago and a much bigger reduction than the economists had expected. This cut should provide some support to boost the housing market. Michael Burry of the Big Short Fame just went all in on Alibaba and JD.com, making these stocks his biggest holdings. He said the time to buy China is now. Ray Dalio has also bought iShares MSCI China ETF worth USD 76.8 million.

Although the broader market pulled back yesterday, these stocks also hit fresh new highs. Most of them make the list for many times. $Wal-Mart(WMT)$ hit an all-time high due to robust same-store sales growth, beating analyst estimates with a 6% increase in quarterly sales to over $173 billion. Optimistic guidance for the current quarter, expecting a revenue rise of 4% to 5%, and plans to acquire smart-TV maker Vizio for $2.3 billion also boosted investor confidence.Strong earnings and Walmart's foray into online advertising have raised speculation about $Costco(COST)$, known for consistently surpassing estimates. Costco is set to release earnings on March 7th, prompting interest in its performance and pote

As we stand at the forefront of the digital age, the pervasive influence of Artificial Intelligence (AI) continues to mold various industries, reshaping our interaction with technology. The lingering question in many minds is whether the fervor surrounding AI will endure or gradually taper off in the coming year. AI has recently seized immense attention, fueled by promises of groundbreaking advancements, transformative capabilities, and unparalleled efficiencies. Buzzwords like machine learning, natural language processing, and neural networks dominate discussions about the future. However, as the initial excitement settles, a critical evaluation of AI's developmental trajectory is warranted. The ongoing enthusiasm finds its roots in the increasing integration of AI into everyday applicat

$NVIDIA Corp(NVDA)$ time for Nvidia to face reality of price versus their valuation. Fed interest rate cut would not happen until H2 of 2024.