$Netflix(NFLX.US)$ Netflix's ability to be more cost-effective than competitors only puts this snowball effect into overdrive. To explain why Netflix is more cost-effective than any of its competitors, the company's numerically unmatched 214 million subscriber base allows for any of its content to be seen by far more people. As such, every dollar Netflix spends on content will have far greater returns compared to competitors.
If, for instance, a smaller streaming service like Apple TV+ $Apple(AAPL.US)$ were to produce Squid Game, the show would almost certainly be far less popular given their smaller reach. There is even a good possibility that the show would not have reached mainstream consciousness were it not for the Netflix platform. In fact, this hypothesis has already been proven true to some degree as Netflix has been known to take relatively unpopular shows like You, which was originally a fringe show on Lifetime, and transform them into viral sensations.
A virality of Squid Game was likely only possible due to the huge reach of Netflix.

Stocks to fall as yields, dollar jump on inflation
Asian stocks looked set to fall Thursday after the hottest U.S. inflation print in three decades hurt Wall Street shares and sparked a jump in Treasury yields and the dollar.
Equity futures for Japan, Australia and Hong Kong dropped. The $Nasdaq(NDAQ.US)$ underperformed in the U.S. retreat as investors questioned the richer valuations of technology stocks.
Rivian's trading debut surge drives value to almost $88 billion
$Rivian Automotive(RIVN.US)$ ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021's biggest initial public offering.
That puts the electric truck maker on par with $General Motors(GM.US)$ and makes it more valuable than $Ford Motor(F.US)$, one of its top investors, as well as EV rival $Lucid Group(LCID.US)$. On a fully diluted basis, including options and restricted stock units, the Irvine, California-based company is valued at about $98 billion.
Twitter launches cryptocurrency team to explore bitcoin, blockchain uses
$Twitter (Delisted)(TWTR.US)$ said Wednesday it is assembling a team called "Twitter Crypto" to look into ways to help creators on the app to earn money or accept cryptocurrencies such as bitcoin for payment, and other ways to use blockchain technology.
Warren Buffett-backed Paytm set to raise $2.5 billion in India's largest IPO
The parent of Indian mobile-payments giant Paytm on Wednesday collected enough investor bids to raise the equivalent of $2.5 billion in the country's largest-ever initial public offering, but the much-hyped deal didn't go as smoothly as other recent tech IPOs.
Paytm's big corporate backers include Chinese fintech giant Ant Group Co., $SOFTBANK GROUP CORP(SFTBF.US)$'s Vision Fund and Warren Buffett's $Berkshire Hathaway-A(BRK.A.US)$, which are all selling some shares in the IPO. The company's founder, Indian billionaire Vijay Shekhar Sharma, also is cashing in.
Tesla share price rises in wake of selloff
$Tesla(TSLA.US)$'s stock price climbed 4.3% on Wednesday, a sign that the electric-vehicle maker's shares might stabilize after falling for three consecutive days. As of the stock market's close Wednesday, Securities and Exchange Commission records didn't show Mr. Musk having filed forms for a share sale. Mr. Musk is Tesla's largest shareholder, with around 17% of the company, according to FactSet.
Disney earnings miss across the board with slowing streaming growth
$Disney(DIS.US)$ reported fiscal fourth-quarter earnings on Wednesday after-the-bell. The company missed Wall Street estimates across the board, sending the stock down in after-hours trading.
The company added to reach a total of 118.1 million, in line with Disney's estimates. During the Goldman Sachs Communacopia Conference in September, CEO Bob Chapek said the segment's growth had "hit some headwinds" and that Disney expected to add "low single-digit millions" of streaming subscribers in the fourth quarter.
AMC CEO Adam Aron sold $25 million in shares Tuesday, after warning meme investors he would do so
$AMC Entertainment(AMC.US)$ CEO Adam Aron sold 625,000 shares on Tuesday, half of what he ultimately plans to sell under a selling program filed with the Securities and Exchange Commission. The sale is part of the executive's estate planning ahead of his 67th birthday next year, Aron told investors last August.
AMC shares fell 4% on Wednesday to close at $38.29, and were down another 3% in after hours trading, following the news.
U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years
The consumer price index surged 6.2% from a year ago in October, the most since December 1990. Core inflation, stripping out food and energy, increased 4.6%, the fastest gain since August 1991. Energy, shelter and vehicle costs led the gains, which more than wiped out the wage increases that workers received for the month.
Source: Bloomberg, WSJ, CNBC

$Apple(AAPL.US)$
Aapl is still holding strong at 150 support. The next support will down at 148.50.
Aapl is a stock that alot of institutions hold and I don't see it falling too much down as it just recently broke 150 resistance.
My bias has not changed yet and I still see Aapl breaking new high by end of Nov or maybe early December. Take profit zone for me will be at the 161 area.

Tech stocks have been one of the biggest winners of the bullish stock market in the major stock indexes $Dow Jones Industrial Average(.DJI.US)$, $Nasdaq Composite Index(.IXIC.US)$, $S&P 500 Index(.SPX.US)$. There are many tech stocks to consider for investment but the best tech stocks $Adobe(ADBE.US)$, $Alphabet-A(GOOGL.US)$, $Amazon(AMZN.US)$ $Apple(AAPL.US)$, $Intel(INTC.US)$, $Meta Platforms(FB.US)$, $Microsoft(MSFT.US)$, $Netflix(NFLX.US)$, $NVIDIA(NVDA.US)$, $Tesla(TSLA.US)$ are those with long track records of rapid growth, impressive profitability and sustainable competitive advantages. The tech giants are the fuel for today's economy and have been showing strong gains and do not appear to be slowing down anytime soon. From an investment perspective, the tech titans could provide outsized gains for the investor's stock portfolio over the long term, and the best tech stocks could yield exceptional returns in the long haul. Still, investors need to choose very carefully to avoid possible investing pitfalls. It would be worthwhile to consider each tech stock's valuation relative to its own historical valuation and that of comparable competitors. Ultimately, a good tech stock is one that trades at a reasonable valuation given its growth prospects. While investing in tech stocks could fetch exceptional returns, it is risky at the same time but such risks could be mitigated by investing only when investors feel confident that  the growth prospects of the tech stocks would justify their valuations.

$Jumbo(42R.SG)$ worth looking into?

$Futu Holdings Ltd(FUTU.US)$
We know that the name of our app "moomoo" has aroused some discussions on social media. Our staff are also curious about the origin of the name "moomoo." By chance, a casual talk with Futu CEO, Leaf, at leisure unravels the mystery.
"One night three years ago, when we were at loggerheads over the name for this international stock trading app, the wife of Keith who was in charge of the US branch of FUTU happened to pass by and heard our quarrel.
'How about calling it moomoo?' She threw out an off-the-cuff remark, 'it's in a nursery rhyme.'
What a wake-up call, snapping me out of a dazed state! Moo, as the sound of bull, the metaphor of which is direct, vivid, catchy, and lovely. Although it's made of six letters, only the two letters, 'm' and 'o,' are contained and also repeated regularly. Even hard to misspell it!
I wa...

$SNDL Inc(SNDL.US)$ liking the updated order book !!