BREAKING: Microsoft $MSFT is committing $2.5 billion and 6,000 employees to a new subsidiary called "Microsoft Frontier Co."
The new group will focus on assisting clients with implementing AI technologies.
I adjusted my $BAYN count because the previous wave 4 was a bit to deep for me.
Now we have a complete wave 2 which finished at the 50WMA / the 0,5fib followed by a very strong bounce yesterday.
weekly golden cross on the way
PT is 83€
the german apparel giant $ADS is showing some signs of waking up again.
wave 2 pulled back exactly to the 0,786fib and bounced after a strong earnings report yesterday.
a 25% gain just to get back to the 200WMA at 182€
I see a lot of $ADS in my gym. Bullish
$META - META: AI UPSIDE KEEPS BUY CASE STRONG
BofA reaffirmed its Buy rating on Meta with an $835 price target.
The firm sees further upside from stronger AI models, MTIA chip progress, and new AI monetization opportunities. Better-than-expected Q2 results could reinforce AI-driven ad growth, while greater clarity on AI infrastructure value may support a higher valuation. Meta still trades below its recent peak multiple, leaving room for upside.
I adjusted my $BAYN count because the previous wave 4 was a bit to deep for me.
Now we have a complete wave 2 which finished at the 50WMA / the 0,5fib followed by a very strong bounce yesterday.
weekly golden cross on the way
PT is 83€
$META finished a major wave 1 in 2021 and pulled back extremely deep to the 0,786fib at 97$. That was a 76% decline from a mega cap.
After $META completed this correction we saw an insane 800% run to 795$ for wave 3.
currently in the process of completing wave 4
Wave 5: 1.200$
Baidu's chip unit Kunlun is reportedly targeting a $50 billion valuation for its Hong Kong IPO. Baidu's total market cap is $36 billion. A subsidiary worth 40% more than the company that owns 58% of it.
The math creates a logical paradox. If Kunlun is worth $50 billion, Baidu's stake is worth $29 billion. That leaves the rest of Baidu -- search advertising, AI cloud, Apollo Go robotaxi, iQiyi, and $28 billion in cash -- with an implied value close to $7 billion. For a company generating $32 billion in quarterly revenue. The market is either wildly overpricing Kunlun or severely underpricing everything else inside Baidu.