Some Bulletins At The Beginning Of 2023

Tesla's stock declined in 2022 after years of high valuations. The company is considered an automotive and technology company. However, many investors lean towards the automotive classification since most of Tesla's value comes from its ability to deliver finished products.

Amazon lost about 30% of its stock value during the last three months of 2022, but its price leveled off to the mid $80 range for the last couple of weeks of the year.

The stock reached as high as $170 per share in 2022, then lost about 50% of its share price. Part of this was due to the loss of confidence in the technology sector and inflation, resulting in people buying fewer products.

However, Amazon's current stock value may have found its normal value and might slowly rebound over time.

Nio is a Chinese electric car manufacturer with plans to expand its operations into the U.S. by 2025. Its current lineup of cars is aimed at the luxury market, and it has the potential to give Tesla a run for its money performance-wise.

The company’s stock price is increasing and could be a breakout stock in 2023. Its current price may create a nice return on investment if the company can deliver on its promise of desirable and reliable luxury EVs.

Advanced Micro Devices, or AMD, will likely have a bad first half of 2023 due to excess inventory and slowing sales. The company is regarded as one of the best manufacturers of high-performance computer products. Its Ryzen CPUs and Radeon RX GPUs were in high demand during the pandemic.

However, the collapse of the cryptocurrency mining industry, high prices, and economic slowdown have caused buyers to hold off on buying new GPUs.

Nevertheless, AMD is still a contender. Its products are desirable, so it should emerge from the inventory backlog without significant issues.

Currently, WiMi has 195 holographic-related patents and 325 software copyrights. WiMi has also produced nearly 4600 pieces of high-quality, high-fidelity holographic content.

And its entire holographic segment revenue exceeded RMB 700 million in 2020. WiMi Hologram Won "the 2020-2021 Advanced Unit in Science and Technology Innovation" Award at the 18th China Scientist Forum.