On July 2nd, $Tesla(TSLA.US)$ announced its Q2 delivery volume of 443,956 vehicles, outstripping the market consensus of 439,000. Following the release of this robust delivery performance, Tesla's stock price has been climbing steadily.
Will Tesla set a new stock price record for 2024?
From a technical analysis perspective, after a period of decline at the start of the year, Tesla's stock has made a robust comeback, soaring o...

$Taiwan Semiconductor(TSM.US)$ shares jumped as much as 4.8%, to touch the milestone just after the opening bell in New York on Monday, taking its share price increase this year to more than 80%. The chipmaker overtook Berkshire Hathaway earlier in June to become the world’s eighth most valuable company.
As the exclusive supplier of crucial chips for $Apple(AAPL.US)$ and $NVIDIA(NVDA.US)$, TSMC has become a fa...

$Broadcom(AVGO.US)$, which has soared 52% this year, will officially implement a 10-for-1 stock split plan after market close on July 12th (this Friday). This move follows $NVIDIA(NVDA.US)$, another major AI player, and has sparked market speculation.
Let's compare the recent stock trends of NVIDIA and Broadcom. From the announcement to the actual split, NVIDIA's share price jumped about 27%, and it has risen an additi...

$Broadcom(AVGO.US)$ shares have risen over 20% in the past month, significantly outperforming the $S&P 500 Index(.SPX.US)$'s 3.63% return. The stock has attracted considerable investor interest due to its expanding capabilities in the AI sector and a 10-for-1 stock split.
Broadcom is capitalizing on the increasing demand for AI infrastructure and generative AI deployment, with its solutions meeting the needs of growing AI workl...

The S&P 500, Nasdaq ended the week at all-time highs, with traders looking past signals of Friday’s jobs report to focus on prospects for Federal Reserve rate cuts.
The $Nasdaq Composite Index(.IXIC.US)$ gained 0.90% to cloase at 18,352.76, and the $S&P 500 Index(.SPX.US)$ rose 0.5%. The $Dow Jones Industrial Average(.DJI.US)$ was up 0.17%, or 67.87 points, ending at 39,375.87.
MACRO
Friday’...

$Tesla(TSLA.US)$'s latest quarterly delivery data, released on Tuesday, brought a surprising delight to investors. The Q2 deliveries, which exceeded market expectations, and the very robust energy storage performance, ignited bullish sentiment, driving Tesla up over 10% to close at $231.26 on Tuesday. The stock has accumulated nearly 17% gains in the first two trading days of July. Technically,Tesla broke through the 200-day moving avera...