To The Moon

Bruh is about to lose money on his puts 

Meituan's CEO will cede market share to JD. It will not go head on collision with the JD juggernaut. Between the two, JD is much more efficient in managing margins and has greater firepower. It has a built out end to end last mile delivery infrastructure. Meituan merely connects those delivery drivers in its platform and owns no infrastructure. How to compete? 

You've got to be blind not to see the signs. Consumer stock like #popmart - same with all the bubble tea variants. One single hit #labubu. They need to really find over the next few years more and more winners to keep revenue moving. Sorry, but not sorry. This ticker will go under HKD200. I won't even pay HK20 for it! 

Understanding where true conviction lies is key to any form of investment. Cathie has a view of how innovation translates into real dollars in the future. She invests with that in mind. We must remember however about investment cycles, rate cuts from the Fed and liquidity drives the markets, more so for growth stocks. So in the next few quarters, I expect her portfolio to beat out folks like Buffett, Monish, Bill Ackman. When money is cheaper to borrow, and the market is awash with liquidity, the market will pile into the future. Her star picks will start to pick up very quickly again. The only problem with the last 4 years since the Fed raised rates, is picking of winners as these growth tickers go down by many multiples. Therein lies conviction, that as these valuations get compressed, y

Reported on Reuters, unlikely a rumour 

Meituan has more to lose than JD and BABA, being 70% market share. JD and BABA are better positioned to fight this. Think about it - the most robust last mile delivery system in the world - built out by JD. It is very adept at managing thin margins and know where to carve its niche. Expansion overseas to Europe, HK. It is very well diversified. BABA - has other revenue sources already carved out a while ago and building momentum on. Meituan? Only has food As mainstay. JD will take market share from Meituan for sure And establish its niche in the market, using its JD platform which it also uses as a superapp for many other things. 

$WUXI APPTEC(02359)$  institutions are going long and yet we have nearly 40% short selling ratio and each time it happens, Wuxi Apptec makes a 52 week high. Dumbass short sellers are everywhere. We should gather these clowns into a ship and ship them to N Korea. 

Bro spent R&D wallet for last decade to get phones bigger, longer, more memory, nicer icons and tell us now he wants to open up wallet bigger for more AI. I think he should just find a successor worthy of Steve Jobs's seat that he has warmed for far too long...

$Apple(AAPL)$  Apple's pivot to use AI chatbots is a confirmation its internal R&D has failed to deliver. Instead of hiring aggressively to build out its own AI that is unique to its ecosystem, it has opted to use the market. Yes, existing LLM can be developed. But for a tech giant like Apple missing the point after all these lost decades after Jobs? I think Cook is cooked. 

721 cars in the entire month? They are losing money in France!