To The Moon

Hey Tigers!

I am Tiger Observer, sharing market information with you! 🔎🔎🔎

I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!

Weekly movers:

•  $NVIDIA Corp(NVDA)$ After last week GOOG hit ATH, is it still an opportunity to buy?

  Tiger’s view @Khikho
  $Alphabet(GOOG)$In this wave of darts, some friends regretted not taking the car in the morning, and some friends regretted getting in the car too late. As for me, I am the worst. I have been in the car for a long time, but before the big rise, I got out of the car early, I plan to enter the market again anyway, what are you still hesitating about, hurry up and see if you want to follow?

  

• $Meta Platforms, Inc.(META)$ Last week, Meta released its earnings report, it became the only red one of the top 10 stocks. What caused this?

  Tiger’s view @JC888
  What Caused The Fall?

  If there is anything that bugs US market, it will be either (a) overdrive spending and/or (b) a weak outlook.

  In the case of Meta, it was both conditions.

  Personally to me it was the sequence of events’ announcements that was ill-delivered.

  (1) Overdrive Spending.

• CEO Mark Zuckerberg started Meta’s earnings call by talking about artificial intelligence (AI).

• Then he moved to metaverse, touting his company’s headsets, glasses and operating system.

• Next he spoke about Llama 3, Meta’s newest large language model, and Meta AI - its answer to OpenAI’s ChatGPT. 

• He also gave an insight into Reality Labs (Meta’s division) that houses company’s Metaverse hardware and software development centre.

• He failed to elaborate how these new tools are going to help add revenue for the company.

• In short, he spent the entirety of his opening remarks focused on the many ways Meta loses money.

(2) Q2 2024 Outlook.

• Zuckerberg did anticipate that Q2 2024’s revenue would be coming in between $36.5 billion and $39 billion.

• This will be slightly off the midpoint of Wall Street’s expectations of $38.24 billion.

• Talk of Q2 2024 earnings might be “lost” as investors were likely spooked by the billions that Meta has earmarked to spend in 2024 and even coming years.

• All these huge expenses to finance its deeper penetration into AI and Metaverse.

All the above spoken will not sit well with anyone listening to Zuckerberg’s overwhelming speech:

• In the midst of a persistent US inflation that won’t budge.

• And a world with 2 “major” on-going wars in Europe & Middle East.

$Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Advanced Micro Devices(AMD)$ $Marathon Digital Holdings Inc(MARA)$ $NIO Inc.(NIO)$
Among all the stocks above, are there any that you would most like to buy? Please comment to win Tiger Coins!

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