AI Takes Center Stage at DavosOn the main thoroughfare in Davos, Switzerland, once filled with the promotion of crypto companies. However, in 2024, AI has become the focal point, overturning trends from the past few years. The presence of crypto companies at this year's Davos is notably scarce.At the World Economic Forum in January 2022, despite the cryptocurrency market downturn, companies were still promoting "Bitcoin Pizza Day" and non-fungible tokens. In January 2023, crypto companies reduced their lavish spending at Davos, but the rapid rise in AI investments and attention over the past year, especially driven by the ChatGPT hype, is evident.ChatGPT, launched at the end of 2022, gained explosive popularity. $NVIDIA Corp(NVDA)$ represents the

1. Berkshire Cash Pile Hits Record, Earnings SoarBerkshire Hathaway’s $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ ) cash pile swelled to a record in the fourth quarter of 2023 while earnings soared despite weakness in its railroad and energy businesses, according to its earnings report Saturday.Buffett prefers operating earnings, which rose to $8.5 billion in the fourth quarter of 2023 from $6.6 billion the prior year. Full-year operating earnings totaled $37.4 billion, a 21% increase from 2022.Berkshire's cash and U.S. Treasury holdings rose to a record $167.6 billion at the end of 2023 with $133.4 billion in Treasurys. In the third quarter, the company's cash hoard had totaled $157.2 billi

On top of strong earnings reports from $JPMorgan Chase(JPM)$ , $Wells Fargo(WFC)$ , $Delta Air Lines(DAL)$ and positive economic data from last week，US stocks rose. While judging from the results of financial stocks on last Friday, the results were mixed.Positive: Large institutions such as $JPMorgan Chase(JPM)$ and $Wells Fargo(WFC)$ benefited from the boost in consumer business, and their performance exceeded analyst expectations. Among them, $JPMorgan Chase(JPM)$ Chase reported a 67% increase in second-quarter profit and see stock price hi

Although $Apple(AAPL)$ ‘s hardware innovations in recent years have not actually been too much, and its toothpaste-like updates have disappointed many Apple fans, the life cycle of its products has to be said to be still very strong.Since 2016, after Buffett's company $Berkshire Hathaway(BRK.A)$ bought $Apple(AAPL)$, the company has been rising sharply, and its market value once exceeded $3 trillion. Buying $Apple(AAPL)$ at low prices has become Buffett's strategy, and Berkshire has become the company most closely tied to Apple.Of course, two people are crucial to Apple's ability to create busi

$SUPER MICRO COMPUTER INC(SMCI)$ is the next $NVIDIA Corp(NVDA)$ for 2024! $SUPER MICRO COMPUTER INC(SMCI)$ is newest swing play and should be main focus for 4 reasons: 1. positive cash flow + positive EPS SMCI has significantly increased its profit and revenue forecast for the second fiscal quarter, also benefiting from the explosion of demand for AI. Currently, the company expects adjusted earnings to be $5.40-5.55, far exceeding market expectations of $4.51.The stock would still be trading with a PEG ratio below 0.5x It’s just absurd that $SMCI was trading at 15x earnings going into the close yesterday. 2. chart setting up for 400% gains in 2024 3. part of

$SPDR S&P 500 ETF Trust(SPY)$ will move at least 2% on January 31st for FOMC. Trading can be extremely predictable if you are prepared for it. Here's 5 important things you need to know about next week.97.4% chance the FEDS will hold rates as is at 5.25%-5.50% and the probability of a rate cute in March has been decreasing from 75% down to 50%. Sentiment: Priced in or bearish from here for $SPDR S&P 500 ETF Trust(SPY)$ .ImageThe strongest chance of a rate cut is now in May. So for the next 5 months at higher interest rates consumers will slow down spending. The sooner the rate cute the better for the

The consumer-price index for May is out; here are the key numbers:Prices edged up 0.1% from a month earlier, compared with the 0.4% increase in April.Prices rose 4% from a year earlier, compared with the 4.9% increase in April.Core CPI rose 0.4% from a month ago and 5.3% from a year ago. Economists expected increases of 0.4% and 5.5%, respectively.The report comes ahead of the Federal Reserve's rate decision, set to be announced tomorrow. The central bank has been aggressively raising rates to bring inflation down to its 2% target.Investors like the CPI data this morning.Stock futures are rallying after the latest read, building on the market's recent gains. The tech-heavy Nasdaq, which has been racing past its peers, outperformed in recent trading.The yield on the 10-year Treasury note dr