Russia General Putin arrived in Beijing on Tuesday evening (May 19) to begin a two-day visit to China. He will be following US President Trump and holding talks with the Chinese President on a recent parity trip. The Chinese Foreign Ministry said this was Putin's 25th time to celebrate China
How crazy the retail investors are. The triple leveraged ETF SOXL, which makes semiconductors more than $1 billion in net inflows, a record since its establishment in 2010. Cerebras went public with an initial initial public offering of $185, closing up 68% on its first day, raising more than $5.5 billion. When everyone's money is squeezed into the same leverage corner, as long as there is a slight disturbance, such as a rise in debt yields, the market will experience a tragic situation of people stepping on people. This is the end-of-the-life of crowd irrationality overrides risk pricing mechanisms.
Investment markets never believe in tears, they only reflect the extreme values of human greed and fear. We are now facing a complex time of excessive liquidity, AI belief fever, but also physical inflation backlash and geopolitical extremes. Don't miss the rising waves because of fear of bubbles, and don't lose your rationale because of greed. Stay awake and discipline is paramount.
In human history, there has never been a company with an annual revenue of about $15.6 billion that has been valued by the market at $1.75 trillion. It's not mathematics, it's religion, it's Elon Musk.
SpaceX is expected to launch in June, with valuations keeping up to $1.75 trillion, and sales could reach 112 times. By comparison, Apple is eight times higher than Nvidia's peak in the AI craze is just 35 times higher
JD Group (09618), JD Health (06618), JD Logistics (02618), and JD Industrial (07618), announced share buybacks, totaling 2.4 billion US dollars (approximately HK$18.72 billion).
For the six consecutive weeks of rising, the index has risen by 16%. The more extreme figure is: 10 stocks contributed a 69% increase during this period, while the remaining 490 stocks together accounted for only 31%. Of those, Alphabet, NVIDIA, and Amazon contributed 15%, 10% and 8% respectively. This is not a healthy bull market structure. It's a highly concentrated capital movement driven by AI belief. As long as the AI narrative doesn't collapse, this machine will continue to operate. But once there’s a crack—whether it’s a tech titan’s performance falls short, or AI’s ability to monetize—the downside risk of the entire index is dramatically amplified because there’s no broad profit base underneath.
Only 22% of the S&P 500 outperformed the index itself—the third lowest reading since 1996. In other words, this historical high is a solo dance of a very small number of stocks