Meh. Not worried about Amazon's latest move. When Amazon bought Whole Foods, they said other grocers are dead. Costco fell 15% on that news. I bought Costco and make 100% profit over the next few months. Costco and grocers are still doing just fine. When Amazon got into Pharma retail they said CVS and Walgreens are dead. They are doing just fine too. Amazon is awesome, but they are not going to displace Shopify as the leading ecommerce platform today. Shopify isn't going away anytime soon. Buy the dip and enjoy.$Shopify(SHOP)$
Nio is holding up very well this week. Overall this is a very positive direction going forward. We are still very positive this month. Hoping the momentum will continue. Purchasing Nio stock at 11 or 12 is still a super deal long term. Way to much potential. Should have never dropped under $20, but that’s the way Wall Street works. Big players see a stock they like and force or lower so they can buy cheap shares. $NIO Inc.(NIO)$
For those saying AMD has NO presence in GPU Al. AMD also had no presence in the data center market, zero market share in 2018 until they introduced their new fast efficient products, now they are preferred in DC with hundreds of millions in revenue flowing. The same thing will happen here with GPU sales, AMD will have some market share by end of year and it will grow year after year!! IMOLisa would not be part of a big promoted launch with the new GPU’s if she didn’t know that they could compete. It always seems to take the consumer a while to realize the quality of AMD products. I think they were also rans for so many years it’s a perception thing, but that’s a changin boys and girls!! $Advanced Micro Devices(AMD)$
The telling slide is the price chart going back a few years showing Carvana CVNA trading at $350 a share! The stock tumbled down like a “black diamond” ski slope and along the way, the shorts have pressed their bets.More recently the stock is moving higher in a short squeeze, something like what we saw in Gamestop GME and AMC Theaters AMC a few years back.The question is how long with the gamma squeeze continue on this stock and can it get its financial house in order. If it does that, then the squeeze will only continue. With 49% of the float sold short, this squeeze could have more legs,It will only run as long as the buyer buy more and the shorts continue to cover… and that has a odd way of stopping … and also has some dramatic consequences. $Carva
Coinbase is doomed, it is simple law. You can’t run an exchange and list your own assets on that exchange and be a broker and derivative trader.The law says you can’t trade securities on an exchange and also be a broker, derivative trader and hedge fund etc on that exchange. This is exact what Coinbase is doing. It’s black and white and illegal.That means Coinbase will be broken up and most crypto assets will go to zero.If you are invested here your money will be gone. $Coinbase Global, Inc.(COIN)$
Positive operating cash flow, Beat top and bottom line. Monthly subscribing user doubled YoY, vocational training doubled YoY as well, losses also narrowed. Zhihu's Large Language Model (LLM) being beta tested on Zhihu App. I'll add more from here. $Zhihu(ZH)$
It is time for Gary Gensler to resign. He also mentions Litecoin and Bitcoin Cash as non-securities and says that 75% of the crypto market at the time was outside the securities category. The video was from a crypto-themed event hosted by Bloomberg and Fidelity in 2018, when Gensler was a senior MIT lecturer and a former chair of the CFTC. Thank you, Elon Musk. Either Gensler resigns now, or I have to believe the House of Reps will throw him out when they return from break. $Marathon Digital Holdings Inc(MARA)$
I thought the fed interest rate was already baked in? what the heck is a matter with these investors they buy it a day or two later sell sure some sell to collect some profits, but others sell on news from wall street who everyone knows manipulates the market to their advantage so they can take are money. These new investors that have not been in the market long are causing this up and down market the chicken littles. long term investors hold the market up these newbies are causing it to go down and all these shorts selling daily for a 5 or maybe 10% profit I am up 772.8% and I am not selling now because I see this in 5 years doubling and if there is a big dip, I will load up. $Meta Platforms, Inc.(META)$
How much short interest did GME have when it sneezed ?The first GME short squeeze hit as high as $500 per share during pre-market trading, and this was with a short interest of over 140%. This can be used as a comparison for all future potential GME squeezes. Similar short squeezes have occurred throughout history, like the Volkswagen short squeeze..
Call me crazy but why do I actually see alot of potential in this company? it's like a more diverse Uber, Uber didn't do well at first too, everyone doubted it and now look at it! I do see this company succeeding and making money if they do 2 things. 1. Fire the CEO, their company policies, suck and the new layoffs for "Strategic changes" is dumb asf, why fire people that work off an app!? 2. Start expanding more and start working with AI/ other companies. They should see if they can start using drones for food delivery, start working with EV companies because that's going to be the new wave. $Grab Holdings(GRAB)$