🌟🌟🌟Monday's dramatic surge

🌟🌟🌟Monday's dramatic surge in cybersecurity stocks like $CrowdStrike Holdings, Inc.(CRWD)$ was a classic case of Wall Street putting the cart about 10 metres ahead of the horse. The need for AI cybersecurity is real but the funding is stuck in the committee.

This round will definitely boil down to the budget. If companies like the hyperscalers $Alphabet(GOOG)$ $Microsoft(MSFT)$ cannot find a way to monetise their AI investments soon, they certainly won't find the cash to secure them.

For now, cybersecurity hype wave is running on pure adrenaline and adrenaline does not pay bills.

@Tiger_comments @TigerStars @Tiger_SG

Jensen Huang Drops a Number — Why Did AI Hardware Stage a Full Comeback?

Jensen Huang said Nvidia will ship twice as many chips next year as this year, and that AI safety matters but cannot be regulated the way social media was. AI hardware ran: AMD +6.36% to $545.09, Marvell +4.81% to $240.76, Nvidia +2.54% to $219.34, Broadcom +2.29% to $347.30, with the Philadelphia Semiconductor Index up over 3%. That is a third straight up session for chips, a rebound that started in the same week the slowdown argument was loudest. A week of talk finally has a number attached. But the number is the company's own forecast, not signed orders. Is one line enough to hold a rally?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

VivianChua
09-16
VivianChua
Nice 💚💚💚
- koolgal:
  Best of luck 🍀🍀🍀
- koolgal:
  Happy Trading 🌈🌈🌈💰💰💰
- koolgal:
  Appreciate your support 🥰🥰🥰
- koolgal:
  Thanks 😊😊😊

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