Core Viewpoint - Renowned investor Michael Burry has significantly increased his investment in Chinese markets, with Chinese stocks now comprising 45% of his portfolio, particularly highlighting the success of JD.com [1] Group 1: Investment Activity - Michael Burry's firm, Scion Asset Management, has been increasing exposure to Chinese markets since Q4 2023, continuing into Q1 and Q2 of 2024 [1] - JD.com has seen a stock price increase of 46.27% in 2024, currently priced at $39.79 [1] - Barclays and JPMorgan have both raised their price targets for JD.com from $40 to $50, indicating strong confidence in the stock's potential [2][3] Group 2: Market Sentiment - Despite JD.com's recent 5.53% decline over the past week, major investment firms remain bullish, expecting a recovery in demand and growth [1][3] - Barclays' Gregory Zhao anticipates a return to single-digit year-over-year growth and a positive impact from recent policy shifts [3] - JPMorgan previously labeled JD.com as "too cheap to ignore" when the stock was at $28.46, reflecting a significant upside potential [3] Group 3: Market Conditions - The Chinese market experienced a significant rally following a stimulus package announcement, with the Beijing Stock Exchange 50 Index gaining 22% in a single day [4] - However, the rally was halted due to disappointing measures announced by the National Development and Reform Commission, leading to a correction in major indices [5] - Institutional investors appear to remain optimistic about the long-term recovery of the Chinese market despite short-term volatility [5]

Tesla (NASDAQ: TSLA) aims to end the year on a high note, riding on solid fundamentals driven by the company’s new product launches. This is despite being impacted by a slowdown in demand for electric vehicles (EVs) earlier in the year.Indeed, this new product line is considered key in 2025, and it has the potential to positively influence investor interest.As things stand, TSLA is looking to establish its price above $220. By press time, Tesla was trading at $219, having dropped less than 1% in the last 24 ...

Despite the ceaseless concerns stemming from what some strategists have described as a growing list of risks, the U.S. stock market has been exceptionally strong in 2024. The benchmark S&P 500 index is an impressive 22.76% in the green year-to-date (YTD), and the cryptocurrency markets have themselves been advancing, as exemplified by Bitcoin’s (BTC) 53.51% rise.One prominent Wall Street expert, Wedbush’s noted technology bull Dan Ives, estimates that 2025 will not be weaker and that stocks – and particular ...

Group 1: Investment Activity - Michael McCaul, a congressional representative, invested between $100,001 and $250,000 in Howmet Aerospace (NYSE: HWM) on September 16, when shares were priced at $94.59 [1] - Since McCaul's purchase, HWM shares have increased by 10.12%, and the Congressman could potentially gain between $10,120 and $25,300 from this trade [1][2] Group 2: Company Overview - Howmet Aerospace is a significant supplier for major contractors, including Lockheed Martin (NYSE: LMT), providing titanium and involved in a legal dispute over supply prices settled on May 3 [2] - The company is not a direct defense contractor but benefits from increased defense spending amid geopolitical instability and upcoming elections [2] Group 3: Market Sentiment and Analyst Ratings - Wall Street analysts are cautiously optimistic about HWM, with a consensus rating of 'Strong Buy' from 17 equity researchers [4] - Deutsche Bank analyst Scott Deuschle raised the price target for HWM from $106 to $125, anticipating an earnings beat and increased guidance in the upcoming earnings call on November 6 [4] - The average price target for HWM is $109.36, indicating a potential increase of 5.24% from the current share price [4]

ASML Holdings (NASDAQ: ASML), the Dutch semiconductor equipment giant, experienced a dramatic stock price crash on Tuesday, falling by 16% in one of its steepest declines in 20 years.This sharp drop, which erased over $55 billion from its market value, occurred after the company accidentally published its third-quarter financial results a day early. The results revealed a disappointing outlook for 2025, with significantly lower-than-expected new orders, sending shockwaves across the semiconductor sector. AS ...

Though Tesla’s (NASDAQ: TSLA) history with Bitcoin (BTC) mostly ended in July 2022, when the electric vehicle (EV) maker sold about 75% of its cryptocurrency, it experienced an unexpected revival on October 15 and 16, 2024.Specifically, Tesla started moving vast quantities of BTC to previously unknown addresses on the afternoon of October 15 and had, across a total of 26 transactions, transferred some $760 million worth of the coin, per the data retrieved from Arkham Intelligence.Tesla’s BTC transfers. Sour ...

After appearing to be on the verge of a new record high, Nvidia’s (NASDAQ: NVDA) stock price is showing weakness, stemming from reactions to a possible policy change that could impact the company’s future outlook.The NVDA share price is struggling to maintain its valuation above the $130 support level, just a day after the equity attempted to breach the $140 resistance. As of press time, Nvidia was trading at $130, down over 5%. These losses have extended on Nvidia’s weekly chart, where the equity is down 2 ...

Qualcomm's (NASDAQ: QCOM) stock is expected to have a strong finish in 2024, driven by key innovations and strategic initiatives. At the forefront of this growth is the highly anticipated Snapdragon 8 Gen 4 (SD8G4), Qualcomm's most profitable mobile chipset to date, which is forecast to significantly boost Q4 earnings. According to TF International Securities analyst Ming-Chi Kuo, SD8G4 shipments are expected to grow by 50% year-over-year, accompanied by a 15% rise in the average selling price. This puts Qu ...

Though Nvidia (NASDAQ: NVDA) faced a period of intermingled corrections and sideways trading during the summer, even seeing its market capitalization collapse by $1 trillion at one point, it has, since the start of October, reclaimed its upward momentum.Indeed, thanks to numerous factors, including the ‘insane’ demand for the Blackwell chip, the semiconductor firm’s role in the $100 billion artificial intelligence (AI) infrastructure project, and the success of the October AI event, NVDA stock has rallied 1 ...

Boeing’s (NYSE: BA) long-haul flight to the bottom of the stock price chart doesn’t look like it will end any time soon — on October 14, a week before the company’s October 23, Q3 2024 earnings report, three equity researchers from major Wall Street firms revised their price targets downward.At press time, BA stock is trading at $148.89 — with a 4.28% decrease over the last thirty days bringing year-to-date (YTD) losses up to 40.86%.Boeing stock price YTD chart. Source: FinboldBA’s systemic issuesBA share p ...