There's a time General Electric "never disappoint and always growth" too

Remembering Jack Welsh... 

Habis monday market. 

Regulators Set to Seize Troubled Philadelphia Bank Republic First

i guess priced in liao ba as market already aware the ongoing issues with First Republic Bank since last year, their stock price tanked >95% in few days before halt trading.
this is more or less the inevitable conclusion.

is because of this news:
https://www.reuters.com/markets/us/us-job-o...ril-2024-06-04/

hence ppl betting that Fed will cut rates soon.

U.S. job gains totaled 272,000 in May, more than expected

Nonfarm payrolls were expected to increase by 190,000 in May, according to economists surveyed by Dow Jones.

Yes.... no rate cuts...

There's a divergent between major indexes.

Nasdaq pulling north, Dow pulling south and SP500 in the between.
I think something gonna break soon. 

Everybody got NVDA in their portfolio nowadays

If it's just the chips, it's only half the answer to Nvidia. You need a software ecosystem with all the AI algo to rival Nvidia's CUDA platform. The chips are built on top of the software platform. It's a moat that Nvidia built many years back. It is very sticky and will be very hard for customer to move away from Nvidia.

So what this mean for Tesla?

NVDA almost give me a heart  attack 23 minutes ago.

its rapid decline and rapid bounce back...

You know, I just don't get it why people willing to pay such a high valuation for TSLA for being a car company. If not for govt subsidies and tax breaks, TSLA would not have been making any sales. In US, if Trump takes over next year, it is going to be goodbye to electric car subsidies. 

Both TM and F only has around 10-15 PE only.  Imo, TM now seems to be better choice too being traditional car maker and that juicy yield.

Maybe planning for a major acquisition?