Jason Bellier

After some time, I checked to see how my Enphase $ENPH was doing. And overall I'm satisfied, what I expected happened. The drop after earnings was ridiculously large and we are slowly recovering.

As of May 31, a few dozen more $NIO battery swap stations have been added in China. This brings the total to 1,448 in China!

Costco $COST reported third-quarter results that missed Wall Street estimates and sent the stock down slightly in premarket trading.

Costco reported fiscal Q3 results of $2.93 per diluted share on revenue of $53.60 billion. Estimates were for $3.32 and sales of $54.61 billion. Cost of goods and administrative and selling expenses increased 1% year-over-year, which had a negative...
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At its annual Microsoft Build developer conference in Seattle on Tuesday, the company announced a series of AI updates to make both Bing and ChatGPT smarter, more intuitive, and potentially ubiquitous. Here are all the AI updates Microsoft announced at its developer conference:

I don't keep the $PLTR palantir, but I do check it now and then. Today, we may see a significant jump based on reports that the company will be cutting dozens of jobs. In other news, C&A and Palantir are developing an artificial intelligence model to optimize the product sourcing and replenishment process.

Is Meta $META on sale? 😄

Admittedly a minor drop, but it comes after an interesting report. Meta has been fined a record $1.3 billion by the European Union for sending user data to the US. The fine comes after regulators said Meta failed to protect personal information from US security services.

It may be the weekend, but I missed another interesting $NIO collaboration on Friday.

Nio has partnered with Autoliv and they will be working together on safety technologies for future electric vehicles.

Nio $NIO goes to the fusion!

Chinese electric vehicle manufacturer Nio has invested in Neo Fusion, a company developing fusion technology.

Neo Fusion is to research and develop technologies aimed at bringing controlled fusion to commercial use worldwide within two decades.

Along with its quarterly results, Alibaba $BABA told us the news that it has approved the spin-off of its cloud unit. Alibaba on Thursday approved the full spin-off of Cloud Intelligence Group, aiming to complete the spin-off in the next 12 months.

Minor update on UBS and Credit Suisse 👇

I really can't complain this year, the numbers are finally coming in on the stock's performance and $NU is adding another +6.7% in the premarket after releasing quarterly results.

Nubank added 5.31 million customers in the first quarter ending March 4, bringing the global total to 79.1 million, a 33% increase over last year.

The bank's gross profit rose 124% to $650.9 million. On...
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Another +3.6% for $NU 🤑 It's a decent bounce this year and I finally see growth at this position. So I'm still hoping to be happy after today's earnings 😅

Expectations are positive: the estimate for revenue is set at $1.51 billion, suggesting 4% quarterly growth, while earnings per share are expected to meet estimates exactly.

What do you think of Robin Hood's $HOOD move?

Brokerage firm Robinhood is joining the trend of continuous trading in stocks. With the launch, Robinhood will become the first major broker in the U.S. to enable 24/5 stock trading.

Would any of you welcome such an option at your broker? 🤔

What stocks did you buy this week? 😎

I couldn't resist buying a few shares of 3M $MMM today, which are now under $100. Granted they recently announced they will lay off up to 6000 people, but that's understandable given the weaker demand.

Will PacWest $PACW (-80% YTD) be the next bank to fail soon?

The announcement that the bank's deposits are plummeting is behind today's another sharp decline. However, PacWest is trying to reassure the public that it is looking for ways to improve liquidity.

As a result, the bank still said it has $15 billion in immediate liquidity, well above its $5.2 billion in total uninsured...
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