Good morning, traders. Happy Friday, October 25th. The market is climbing, with another heavy week of earnings priced in. Next week, investors are watching for an even bigger earnings week with less than two weeks to the U.S. election. Watch for reports from $Apple (AAPL.US)$, $Meta Platforms (META.US)$, $Microsoft (MSFT.US)$, and $Amazon (AMZN.US)$, and dozens more industry giants.
My name is Kevin Travers; here is the news and ...

$Tesla (TSLA.US)$ 900 entry point...

Rivian $Rivian Automotive (RIVN.US)$ informed its ordering customers that it would delay deliveries of its first sport utility vehicle (SUV) electric model, the R1S, until may to July next year at the earliest.
Rivian originally told customers it would start manufacturing R1S in December and deliver them to pre-ordered customers in January. In addition, new cars such as the R1T are expected to be formally delivered in March-April 2022, the notice said.

$Meta Platforms (FB.US)$ As Zuckerberg says"But the (Metaverse) software that we build, for people to work in or hang out in and build these different worlds, that’s going to go across anything. So other companies build out VR or AR platforms, our software will be everywhere. Just like Facebook or Instagram is today."
My feeble interpretation is FB aka Meta is not interested in a nVidia specific Metaverse solution aka Omniverse. In fact Zuck seems to indicate a full in-house development (read no nVidia direct involvement) to support his Occulus line of headsets. Zuck goes on to say, "So I think from my perspective, without a doubt, you’re going to have some companies that are trying to build incredibly siloed things, and then some that are trying to build more open and interoperable ones. .... we’re going to be contributing to trying to build a more open and interoperable one, and that’s kind of our goal here."
Now that last comment is Kryptonite to Jensen's normal ballgame (his way or the highway). I would argue that this is the primary reason $NVIDIA (NVDA.US)$ was never named in the recent $Advanced Micro Devices (AMD.US)$ & $Meta Platforms (FB.US)$ partnership announcements.

First, I would like to take this opportunity to thank all Mooers, who have liked my posts, and $Futu Holdings Ltd (FUTU.US)$ and @moomoo Academyfor recognising my work.
Secondly, I would like to thank all my supporters for voting me for the "Mentor Moo" title via the link below.
Lastly, I want to thank the following for their continuous support in many of my posts. They are:
MooMoo Apes fan club ( Yes, BANGS! To the Moon! $BlackBerry (BB.US)$ , $AMC Entertainment (AMC.US)$ , $Cenntro Electric (NAKD.US)$ , $GameStop (GME.US)$ , $SNDL Inc (SNDL.US)$ )
FAANG fan club ( $Meta Platforms (FB.US)$ , $Amazon (AMZN.US)$ , $Apple (AAPL.US)$ , $Netflix (NFLX.US)$ , $Alphabet-C (GOOG.US)$ )
MAGAT fan club ( $Microsoft (MSFT.US)$ , $Apple (AAPL.US)$ , $Alphabet-C (GOOG.US)$ , $Amazon (AMZN.US)$ , $Tesla (TSLA.US)$ )
ARK fan club ( $ARK Innovation ETF (ARKK.US)$ , $ARK Fintech Innovation ETF (ARKF.US)$ , $ARK Next Generation Internet ETF (ARKW.US)$ , $ARK Space Exploration & Innovation ETF (ARKX.US)$ )
Crypto fan club ( $Bitcoin (BTC.CC)$ , $Ethereum (ETH.CC)$ , $Dogecoin (DOGE.CC)$ , $Zilliqa (ZIL.CC)$ )
Trump concept fan club ( $Digital World Acquisition Corp (DWAC.US)$ , $Phunware (PHUN.US)$ )
EV fan club ( $Cenntro Electric (NAKD.US)$ , $Lucid Group (LCID.US)$ , $Rivian Automotive (RIVN.US)$ , $Tesla (TSLA.US)$ )
Once again, thank you so much and hope to see you all in my next post.

$Meta Materials (MMAT.US)$
December 1st...also less than 10% of float.
I posted this to amp my meta mobb up!  we been thru hell from trch till now, we get our divis dump them back in we control the float and it's ON LIKE DONKEY KONG!!! 🐂
🔥🩳🔥🧸🔥🧸🔥🩳🔥

Credit Suisse dove headfirst into the software sector, Tuesday, as analyst Phil Winslow initiated or assumed coverage on 22 software companies, including giants such as $Microsoft (MSFT.US)$, $Oracle (ORCL.US)$ and $Adobe (ADBE.US)$.
Winslow started his new coverage by referring to Marc Andreessen's 2011 statement in which he said, "Software is eating the world," by saying that now, "Software is life."
"Much of the debate about the software industry, publicly traded or privately held, is still around valuation, as opposed to the long-duration value creation potential of the best companies," Winslow said.
Winslow started his coverage of $Oracle (ORCL.US)$, $ServiceNow (NOW.US)$, $Workday (WDAY.US)$, Splunk (ORCL), $Vmware (VMW.US)$, $Zscaler (ZS.US)$, $Snowflake (SNOW.US)$ , $Autodesk (ADSK.US)$ , $UiPath (PATH.US)$ , $MongoDB (MDB.US)$ and $Confluent (CFLT.US)$ with outperform ratings, and also assumed coverage of $Microsoft (MSFT.US)$ , $Salesforce (CRM.US)$ and $Palo Alto Networks (PANW.US)$ and their outperform ratings.
Winslow set neutral ratings on $Adobe (ADBE.US)$ , $Workday (WDAY.US)$ , $Zendesk (ZEN.US)$ , $Palantir (PLTR.US)$ , $Cloudflare (NET.US)$ and $Zeta Global (ZETA.US)$ , and started coverage of $Check Point Software (CHKP.US)$ and $Teradata Corp (TDC.US)$ at underperform.
Even with software having what he called an "outsized influence" on the stock market, and the strategic paths many companies have taken, Winslow said he believes the industry "is still in the early stages of disruptive and powerful technological advances."
With regards to some of the companies in his coverage, Winslow said that for at least the next five years, Microsoft should deliver "mid-to-high teens revenue growth" that will be driven by 20% growth in its Intelligent Cloud business.
Winslow said that he is impressed by Adobe's "successful transition to subscription[s], which increased the value of its large creative and document-centric installed bases," but that those positive items are already reflected in the company's current stock price valuation.
Winslow said $Splunk (SPLK.US)$'s stock price hasn't reflected the growth of company's core products, its shift to the cloud, or its expansion into data-streaming, which he said should grow the company's recurring revenue by 25% to 30% annually. On Monday, Splunk said Chief Executive Doug Merritt is stepping down after six years at the data-management software company.