Xiaomi’s 300% Rocket Ride: JPMorgan Warns of Overheated Expectations

Xiaomi stock has surged 300% over the last 12 months. JPMorgan: The current stock price already reflects high expectations for Xiaomi’s electric vehicle (EV) ramp-up and potential gains in IoT and smartphones

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USD/JPY Surges Past 150.00 Mark, Hitting Two-Week High

USD/JPY rises to two-week high above 150.00 as the risk mood improves. USD/JPY up 80 pips to a session high

The Bank of Japan hit a few hawkish notes in today’s press conference but that hasn’t led to a bid in the yen. Instead, USD/JPY is now trading at a two-week high and back above 150.00

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Tech Giants Unite: Nvidia and Musk’s xAI Join Global AI Infrastructure Initiative

BREAKING: Nvidia and xAI, which is led by Tesla CEO Elon Musk, are the latest companies to join the AI Infrastructure Partnership, a new initiative launched in September that invests in data centers for artificial intelligence around the globe and the energy needed to power them

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Finland’s Stubb and US Senator Graham Align on Tougher Russia Sanctions

FINLAND’S PRESIDENT STUBB: AM JUST OFF PHONE WITH SENATOR LINDSEY GRAHAM WHO WILL ASK U.S. SENATE TO INCREASE SANCTIONS IF RUSSIA DOES NOT APPROVE CEASEFIRE

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Nasdaq 100 Stocks Hit Peak Retail Inflow: 0.1% of Market Cap, Highest in a Year

Retail investors are pouring money into stocks at a rapid pace:

Retail net inflows into Nasdaq 100 index stocks as a percentage of market cap have reached 0.1%, the highest in at least a year.

Retail flows have DOUBLED in just a few weeks.
Additionally, JPMorgan’s retail investor sentiment score hit a record 4 points.

This is ~1 point higher than the peak of the meme stock mania in 2021.

Tesla, $TSLA, and Nvidia, $NVDA, were the most popular names picked up by individual investors

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Tencent Soars: Q4 Earnings Surge 90% as Gaming and Advertising Boom

BREAKING: Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.

Here’s how Tencent did in the fourth quarter of 2024 versus Refinitiv estimates:

Revenue: 172.4 billion Chinese yuan ($23.9 billion) versus 168.9 billion yuan expected

Profit attributable to equity holders of the company: 51.3 billion yuan versus 46.03 billion yuan expected

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