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NCDEH6DMn7 Private ID: 70802337
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    Last week, US technology stocks experienced a serious setback, causing the NASDAQ and S&P 500 indices to fall for six consecutive days. The NASDAQ index fell by more than 5% throughout the week, and the S&P 500 index fell more than 3% in a week. This is the biggest weekly decline since the Bank of Silicon Valley went out of business. Meanwhile, the Dow Jones Industrial Average reversed the market and rose two times in a row.
    Chip stocks in particular, Nvidia plummeted 10% in a week, the biggest weekly decline in four years, while the “demon stock” Ultra Micro (SMCI) in the AI sector also plummeted 23%. Netflix fell 9% after the earnings report was released, the biggest drop in more than two years. In addition, Tesla cut prices in various markets around the world, and its stock price fell 14% throughout the week, including price adjustments for its fully automated driving (FSD) package in the US and Canada, which fell by more than 30%.
    Furthermore, geopolitical risks in the Middle East have eased, which has led to a decrease in demand for safe-haven assets such as US bonds, and ten-year US bond yields have rebounded slightly after experiencing a dive. The US dollar index turned lower, while the yen regained all previous gains. Gold showed mixed performance in the midst of fluctuations, while Bitcoin briefly rebounded nearly $6,000 after falling below $60,000 in the intraday period.
    In the energy market, crude oil prices rose for a while and then fell, but eventually closed up slightly, falling at least 3% throughout the week. Furthermore, the Federal Reserve notes in its Financial Stability Report that inflation is still the biggest risk right now, while pointing out that the leverage ratio of hedge funds has reached its highest level since 2013. In the commodity market, the price of tin in London rose by nearly 5%, creating a new figure in nearly two years...
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    The Bank of Canada kept interest rates at five per cent on Wednesday, its sixth consecutive hold since the last increase in July 2023. But governor Tiff Macklem said a June cut was “within the realm of possibilities.”
    At a news conference after the decision, Macklem said central bankers are confident in the inflation progress they’re seeing and have seen since January, but they need to see it f...
    After Holding Rates Steady for the Sixth Time, Will the Bank of Canada Make Its First Rate Cut in June?
    After Holding Rates Steady for the Sixth Time, Will the Bank of Canada Make Its First Rate Cut in June?
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    Last weekend, the international situation was extremely turbulent. For the first time in history, Iran carried out a large-scale attack on mainland Israel, using missiles and drones. Although US President Joe Biden indicated to Israeli Prime Minister Binyamin Netanyahu on the phone that the US does not support Israel's countermeasures, the Iranian military has stated that its military operation has ended. Although this conflict has attracted international attention, it appears that it will not escalate further, as Iran's move may be aimed at showing internal determination; as long as Israel does not react violently, the situation may gradually calm down.
    In the economic sector, the latest consumer price index (CPI) data exceeded market expectations, heightened concerns about continued inflation, and cooled investors' expectations that the Federal Reserve might cut interest rates soon. Tonight, the US will release important retail sales data, which will provide the Federal Reserve with more clues about the state of the domestic economy. Furthermore, on April 18, the Federal Reserve will release its Beige Book on the state of the economy, reporting in detail on inflation, employment, and economic prospects, which will have an important impact on future monetary policy decisions of Fed officials.
    Last week, due to the dual effects of inflation concerns and geopolitical instability, the three major indices of the US stock market fell. This week's market focus will shift to earnings reports from companies including Goldman Sachs, Morgan Stanley, Bank of America, Asmack, TSMC, and Netflix. These reports will once again test the profitability of major companies. In the current complex macro environment, investors need to pay close attention to these financial indicators and corporate performance in order to better overcome weaknesses and stay strong.
    $ASML Holding(ASML.US)$ $Netflix(NFLX.US)$ $Goldman Sachs(GS.US)$ $JPMorgan(JPM.US)$ $Bank of America(BAC.US)$ $Taiwan Semiconductor(TSM.US)$
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    ASX copper stocks are drawing the same buzz as lithium miners did in 2022.
    With booming demand outstripping new supplies, copper prices are surging.  📈
    The metal has already gained over 10% in 2024, and analysts predict further gains. 🚀
    Shareholders in $Aeris Resources Ltd(AIS.AU)$ and $Sandfire Resources Ltd(SFR.AU)$ are likely to welcome this news. 🔎
    But what's really driving copper prices towards new highs? 🤔
    The ASX copper stocks...
    Are ASX copper stocks primed for an explosive price upside? 🚀💰
    Are ASX copper stocks primed for an explosive price upside? 🚀💰
    Are ASX copper stocks primed for an explosive price upside? 🚀💰
    NCDEH6DMn7 reacted to and commented on
    All $Tesla(TSLA.US)$ shareholders or pro Tesla people came here to mock $Lucid Group(LCID.US)$. haha.
    Well, just keep your fingers away from your keyboard and watch how Lucid will fly further, and then let your fingers to talk about your loving Tesla.
    The fact is that Lucid's EV quality and battery efficiency are way better than Tesla's. Stop denying, people!
    Elon's unethical behaving and actions in the capital market are already down signals for Tesla. You all Tesla shareholders better keep watching his share dumps will come in the near future. Don't forget Elon is more like investor not the true leader. He took the CEO title at Tesla as a narcissistic investor who unfairly treated the initial engineers. His involvement in coin market.... so unethical!
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    $Advanced Micro Devices(AMD.US)$One of the reasons I bought AMD at 35 then 52 then 106 is because THANKS TO AMD building a PC finally is affordable . Before AMD , Intel was super charging us and made so much money on our backs with overpriced products. I'll never forget that. So yes. AMD all the way.
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    NCDEH6DMn7 liked and commented on
    $Rivian Automotive(RIVN.US)$ trades lower on a Teslarati report that the EV maker will delay future deliveries of its R1T all-electric pickup and R1S all-electric pickup SUV until 2022.
    Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
    The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
    The breakdown through an informal poll on the Rivian forum:
    $Lucid Group(LCID.US)$ $Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$
    Rivian delays SUV deliveries until Spring 2022 at the earliest
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