To The Moon

Elon Musk grabbed headlines this week on his plans to launch a rival to artificial intelligence startup OpenAI. Meanwhile, for investors homing in on AI stocks, next week shapes up as busy with earnings due from $Microsoft(MSFT)$ , Google-parent Alphabet (GOOGL) and Amazon.com (AMZN).Tesla (TSLA) founder and Twitter owner Elon Musk continues to call for AI regulation. Musk co-founded OpenAI but left the company in 2018.Now, Musk has created a new artificial intelligence company called X.AI."I'm going to start something which I call 'Truth GPT' or a maximum truth-seeking AI that tries to understand the nature of the universe," Musk said on Fox News.Artificial intelligence will add to what's on Musk's plate as he runs social media firm Twitter. Tesl

—A recent article asks if I’m feeling -dismayed… If by dismayed you mean: excited, delighted, confident, and sure that AI will continue to go -up over time, then yes. Up from $10, now $20, headed to $40 in the short term, and off to -triple digits- in the long term, dismayed. Day-to-day prices mean nothing to me, I make my money over the course of years, not days. Dismayed…yawn…who cares. And where’s a fun restaurant to try today with friends? There’s a better question. $C3.ai, Inc.(AI)$

Gaming stock $Roblox Corporation(RBLX)$ was given a caning. It ended off session lows but still fell around 12%.The company's March metrics report showed the firm expects average bookings per daily user to fall year over year. This is a key revenue metric for the firm.It said estimated average bookings per daily active user for that month were between $3.73 and $3.85, a range that indicates a year-over-year drop of 2% to a gain of 1%.Estimated average bookings per daily active user in March would have fallen between 1% and 3% on a constant-currency basis.RBLX stock gapped down through the 50-day line, a key support level. It is holding above the 200-day moving average for now.

737 MAXOne of the world’s leading aviation analysts believes the market’s negative reaction to the news of nonconforming parts on the Boeing 737 MAX is unwarranted and that production should be back to normal in June.  Boeing stock lost more than US$7bn in market cap Friday after the disclosure that Spirit had installed nonconforming fittings on the aft section of the 737 MAX fuselage, connecting the vertical fin, since 2019.Bernstein said: “Although we still do not have all details, we believe 737 MAX production could be back to normal by June and aircraft from storage (likely less than 60 in total if one excludes Chinese aircraft), could flow through at a normal rate in a few months. It suggests that Boeing could still meet Bernstein’s delivery target of 475 737s for the year.“We se

Apple logoIntelligence Driven Advisers LLC cut its stake in $Apple(AAPL)$ by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,145 shares of the iPhone maker’s stock after selling 538 shares during the period. Apple accounts for 1.6% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 19th largest position. Intelligence Driven Advisers LLC’s holdings in Apple were worth $8,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).Other institutional investors have also recently added to or reduced their stakes in the company. Robinson Value Management Ltd. bought a new stake in Apple during t

So has Softbank sold all the share it wanted to sell or plan to sell it? If it has sold the shares already, it is a huge positive news.Altaba sold at $150, a year later the stock was at $300. Yoshi Son (or whatever his name is) was lucky and well connected - that's why he got in on the ground level at BABA. Doesn't mean he is a smart investor. I believe this stock will also be double a year after he's done selling. $Alibaba(BABA)$

$TENCENT(00700)$ slumped by the most since January 30 as Prosus unveiled a plan to sell another 96 million shares, worth about US$4.4 billion, to fund its stock buybackBuffett’s Berkshire Hathaway sold 2.48 million shares in BYD in Hong Kong to reduce its stake to 10.9 per centHong Kong stocks weakened amid a HK$205 billion (US$26.1 billion) sell-off in Tencent Holdings and BYD as corporate insiders continued to cut their holdings. Alibaba Group and other tech leaders extended losses amid regulatory scrutiny on ChatGPT-like services.The Hang Seng Index lost 0.9 per cent to 20,309.8. The Tech Index tumbled 1.9 per cent and the Shanghai Composite Index of onshore equities ended the day with a 0.4 per cent gain.Tencent slumped 5.2 per cent to HK$357

Best for Checking and Savings Combo: SoFiWhy Money chose it: SoFi Checking and Savings is a unique combination account that can earn up to 4.00% APY. This is not a standalone checking account, but it could be a good option for couples who want to combine every aspect of their finances.SoFi is an online-only bank that stands out for its combined checking and savings account. It has the potential to earn a high APY but might not be the best option if you already have a savings account.SoFi Checking and Savings keeps two separate balances in one account. Your checking balance can earn up to 1.20% APY and your savings balance can earn up to 4.00% APY. To earn the highest possible APY, you’ll have to set up direct deposit. SoFi can expedite deposits up to two days before the usual date, so this

Microsoft logoBank of Stockton decreased its holdings in shares of $Microsoft(MSFT)$ by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,560 shares of the software giant's stock after selling 568 shares during the quarter. Microsoft makes up about 1.7% of Bank of Stockton's investment portfolio, making the stock its 10th biggest holding. Bank of Stockton's holdings in Microsoft were worth $4,931,000 at the end of the most recent quarter.A number of other large investors have also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. acquired a new position in Microsoft during the first quarter worth approximately $28,000. Hanseatic Ma

$Alibaba(BABA)$ will restructure into six units that will be able to pursue independent fundraising and intial public offerings, it said Tuesday.The company said it will reorganize into business groups focused on cloud intelligence, local services, logistics, digital media and entertainment, and commerce, each with their own chief executives and boards, according to a post on a company news website."The market is the best litmus test, and each business group and company can pursue independent fundraising and IPOs when they are ready," Daniel Zhang, Alibaba's chief executive and chairman, said in a letter to employees, according to the post.Alibaba, with a market capitalization of about $230 billion, will follow a holding company management model,