1. Fundamentals vs Market Reaction AppLovin • AppLovin reported excellent Q4 results: revenue ~US$1.66 billion (+66 % year-on-year) and net income +84 % to ~US$1.10 billion, with adjusted EBITDA up ~82 %. These outcomes beat expectations and point to strong earnings quality and profit margin expansion.  • Management also guided for continued sequential revenue growth in Q1.  • Despite this, the shares fell sharply on earnings day. The decline reflects investor concern rather than lack of operational performance. Palantir • Recent price weakness in PLTR is part of a broader pullback in software and technology stocks. Reuters and market sources have noted Palantir among software names with significant drawdowns as sentiment deteriorated.  Implication: The divergence between st

This feels less like a random pullback and more like positioning stress surfacing. A few signals stand out: 1. Defensive leadership is broadening Staples hitting record highs while Utilities rally suggests investors are actively paying up for earnings stability. When capital rotates into Walmart and Coca-Cola on down days, it reflects preference for predictable cash flows over duration-sensitive growth. 2. AI risk unwind is accelerating A 510 bps drop in Goldman’s AI Risk Basket signals forced de-risking rather than selective trimming. When thematic baskets break repeatedly, it often indicates positioning was crowded. 3. Cyclical selectivity, not collapse Industrials, REITs and Energy seeing inflows suggests this is not a recession panic. It is more a quality and cash-flow rotation than a

Alphabet’s aggressive capital programme signals one clear message: scale will decide the AI hierarchy. 1. Why borrow when cash is abundant? Alphabet holds substantial liquidity, yet tapping global debt markets achieves several objectives: Locks in long-duration funding before rates potentially reprice higher Preserves cash flexibility for acquisitions and strategic pivots Optimises capital structure while debt remains comparatively cheap The 100-year GBP issuance is particularly strategic. It reflects confidence in long-term cash flow durability from Search, Cloud, and AI infrastructure. 2. What is the $185B funding? Primarily: Data centres and hyperscale expansion Custom silicon such as TPUs AI infrastructure to defend Search and accelerate Cloud Model training and inference capacity This

1. What matters most this quarter? With revenue expected at $1.77B and transaction revenue softening, focus shifts to quality rather than headline growth. Key areas: Subscription and services stability at ~$723M USDC yield contribution Derivatives traction Operating expense discipline If recurring revenue mix rises further, valuation becomes less tied to spot volatility. 2. Does Bitcoin’s pullback help or hurt? At ~$69K, Bitcoin is consolidating after a sharp unwind. If leverage has indeed flushed out and large holders are accumulating, volatility may compress before the next directional move. For Coinbase, two scenarios: Bull case Stabilising BTC plus ETF flows revive retail and institutional activity into Q2. Bear case Muted volatility suppresses trading volumes despite price stability.

1. Clearing the Trash: Investment Pitfalls in 2024 i. Overconfidence in speculative assets. ii. Neglecting diversification. 2. Assets Investors Should Avoid in 2025: i. Overleveraged companies or industries vulnerable to economic downturns. ii. Speculative investments without clear fundamentals or realistic growth prospects. iii. Companies or sectors with declining demand or excessive regulation risks. 3. Investment Plan for 2025 Core Investment Strategies: i. Diversification: Building a balanced portfolio across asset classes, including stocks, bonds, and real estate, to mitigate risks. ii. Low-cost broad market index funds iii. Fixed-income assets: Allocating funds to bonds or treasury securities for stability in a high-interest-rate environment. 4. Emerging Opportunities for 2025: AI an

Owning NVDA can help you grow wealth, but it’s not a guaranteed path to becoming a millionaire. NVIDIA dominates AI and chips, with strong revenue and earnings growth, plus bullish analyst targets—but much of that optimism is already priced in. High valuation, export risks, and market volatility mean overexposure is risky. The smarter route is to include NVDA as part of a diversified portfolio—say 10–20%—while investing consistently in broader assets like ETFs or index funds. Becoming a millionaire depends on your savings rate, time horizon, and risk control, not a single stock. In short: NVDA can accelerate wealth, but discipline and diversification build it sustainably.

You’ve raised an important question — one many investors are asking now: if tech’s leadership is cooling, could “old-giant” sectors really resume the mantle? Below I’ll provide a reasoned, professional take in three parts: what supports a rotation to traditional industries, when that might be a temporary rally versus a broader shift, and which traditional sectors may have the most upside potential this year. --- 1. Is this merely a temporary rally or the start of a broader shift back to classic winners? Support for a broader shift The theory of “sector rotation” says that as the economy (and market) passes through different phases, capital tends to shift from sectors that have run hard into those that were out of favour.  Recent flows and headlines appear consistent with a rotation aw

NVIDIA’s current momentum certainly supports a bullish case toward the $200 mark, though a few key factors deserve consideration. --- 🔹 Bullish Arguments 1. AI Infrastructure Dominance: NVIDIA remains the backbone of AI computing. With Huang emphasizing inference as the next growth engine, the company is poised to capture sustained demand from cloud providers (e.g., Meta, OpenAI, Microsoft) and emerging AI players. 2. Ecosystem Expansion: Partnerships such as CoreWeave’s $14.2B deal with Meta validate NVIDIA’s platform as indispensable in hyperscale AI deployment. The company’s Blackwell architecture and upcoming GB200/GB300 systems may drive another revenue inflection. 3. Technical Strength: The stock’s four-session winning streak signals strong institutional accumulation. If it holds abo

My stance Silver’s breakout is technically impressive and fundamentally supported by the shift in real-rate expectations, yet its volatility profile argues for disciplined entry rather than chasing momentum. Why silver is outperforming gold Silver benefits from a dual identity: part monetary metal, part industrial commodity. As markets lock in a Fed easing path, real yields soften and the monetary bid rises. At the same time, renewed optimism around global manufacturing, solar demand and AI-related electronics boosts the industrial side. Gold is consolidating because positioning is already heavy, while silver had more room to expand. Breakout dynamics The surge above the previous record signals a strong trend, with ETF flows moving into SLV and leveraged vehicles like AGQ. Still, silver’s

If I were as wealthy as Ng, spending S$20,000 on a high-value networking dinner would depend on its strategic return. If the dinner gave access to decision-makers, policy shapers, or industry leaders that could unlock opportunities worth many times the cost, it could be justified as an investment rather than mere indulgence. However, I would still be cautious—relationships built on transactional dinners are often fragile. With S$18,900 personally, I would prefer diversified uses: allocate a portion to investments (equities, bonds, or REITs), reserve some for professional development or business building (courses, software, networking events with more sustainable ROI), and dedicate a part to meaningful experiences or charitable impact. The balance between personal growth, financial compoun