In a strategic move to reinforce China's technological leadership, President Xi Jinping is set to convene a pivotal symposium on Monday in Beijing, bringing together the nation's foremost tech entrepreneurs. This assembly not only underscores China's unwavering dedication to innovation but also presents a compelling invitation for global investors to engage with the dynamic Chinese tech sector. 🌟A Convergence o...
$Alibaba (BABA.US)$has seen its shares surge for five consecutive weeks, with a cumulative gain of 48% since mid-January. On Wednesday, the stock briefly touched $119, surpassing the rapid rally witnessed in September 2024, driven by shifts in macroeconomic policy. By midday Thursday in Asia, Alibaba confirmed a partnership with Apple Inc. to develop AI features for iPhones in China, sending its stock up m...
Monday was a dark day for AI and Semiconductor stocks. Many, like,$NVIDIA (NVDA.US)$have climbed astronomically in value in the past year on the growing hype that big industry would shell out billions for competingly larger and larger data centers. Even last week, Trump announced multiple public and private companies would focus on reaching $500 billion in AI investment in the U.S. Monday, traders woke up to the rea...
BelleWeather
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It’s almost like reasons for market moves are just made up post hoc. So silly for Nvidia to sell off on frankly bullish news. Increased effeciency is expected over time in technological advancements. I can do many things more efficiently now than I could in 2020 due to such improvements. The hyperscalers are focused on moving forward and well past basic large language models now. Today was a gift - I started legging into long calls, and had to temper my enthusiasm to buy all at once, myself.
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DavePhoenix
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I did the same on Friday and was glad to have locked in some good 25-33% gains over the past month. MU for example today went almost as low as my entry point but sold it $15 higher this past Friday. Started a small position under $90
GDS Holdings Stock Forum
🌟A Convergence o...
By midday Thursday in Asia, Alibaba confirmed a partnership with Apple Inc. to develop AI features for iPhones in China, sending its stock up m...
Monday, traders woke up to the rea...
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