The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...

$Society Pass (SOPA.US)$
反弹了
起床了
快入货吧
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$AMC Entertainment (AMC.US)$
$C3.ai (AI.US)$

$C3.ai (AI.US)$ takes 1 hours to rise 10 dollars and only 1 minute to fall 5 dollars LOL

$C3.ai (AI.US)$ up 12% yesterday, down 6% now, needs another 12% to recover 🤣🤣🤣

My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Xiaomi is showing resilience today finally after breaking 20 then 19 then 18 HKD before making a small gain today from 18.12 to 18.22 HKD. This is considered a blessing since Hang Seng Tech tanked close to 2.5%. Companies like Kuaishou Tech, Alibaba, Bilibili, Netease, Meituan, etc all came down by close to 3%... Well is it that Xiaomi has already fallen to the value territory and the point that it doesnt make sense for it to go further?
I cant say that for sure but the chip shortage, poor IR handling skills, handset competition in China and other markets plus the capital worries for the EV unit may weigh on Xiaomi... But so what? There was even the concern that Lei Jun had to step down from key business units may signal some problems.
Then again when Lei Jun emerged as the controlling individual of the Venture Cap or rather PE arm of Xiaomi, such panic over Lei Jun abated which may explain for today's resilience. Of course another part could be Xiaomi own share buyback. Even with the share buyback all the way from 27 HKD down to 18 HKD, such share buyback pales and cant work when the narrative and downside pressure over whatever can be said weigh on Xiaomi..
But VALUE WILL EVENTUALLY EMERGE.. will the IPO Price of 17 HKD provide a strong support? Only time will tell but I am a truly long-term investor of Xiaomi...
See this youtube video by me on Xiaomi if you want to know why I believe in Xiaomi:
https://www.youtube.com/watch?v=glRHKF1fQkU
As always, this should not be construed as any investment or trading advice.
$XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Lenovo (05562.HK)$ $Haier Smart Home (600690.SH)$ $HAIER SMARTHOME (06690.HK)$

$C3.ai (AI.US)$ long way to go

$C3.ai (AI.US)$ wow totally zero gains! all gains wiped from just20 minutes

$C3.ai (AI.US)$ basically the 500 million dollar contract prevented c3.Ai from falling into $26 😂😂😂

$C3.ai (AI.US)$ see the earlier thread. I was right, all the gains were lost 😅