To The Moon

Q4 overall: fundamentals stable, growth anxiety remains, AI strategy landing is key $Alibaba(BABA)$ announced its FY2025 Q1 earnings (for the year ending March 31, 2025) in the pre-market on the 15th, with shares down 5% at one point.The market reaction was predominantly negative, reflecting a strong expectation gap.The whole point is that, despite the Amoy days to support the core earnings, still reveals the lack of growth highlights, the lack of profitability elasticity of the problem, ali and tencent, facing the "old and new kinetic energy" transition strategy transition period. $BABA-W(09988)$ The market's short-term pullback reflects a revision of expectations, but of course, the medium- to long-ter

Originally, it was anticipated that the market would stabilize as progress was made in tariff negotiations and Russia-Ukraine talks, and the Federal Reserve clarified its interest rate cut trajectory following its latest meeting. However, just as the situation seemed to settle, a fresh wave of India-Pakistan conflict erupted, directly leading to sharp fluctuations in gold prices, signaling a renewed sense of uncertainty in the markets. Although later reports indicated a ceasefire between the two countries, sporadic clashes resumed within hours, making the news cycle highly unstable and necessitating an adjustment in price expectations.1. What Is the Impact on US Stock Indices?Currently, such small-scale regional conflicts have limited impact on the US stock market, and may even provide a m

Overall, $Cisco(CSCO)$ Q3 2025 earnings report shows the company has achieved significant growth based on its traditional networking business, leveraging AI infrastructure and strategic innovation, and both earnings and guidance exceeded market expectations, with the stock reacting positively.Management's solid execution and effective response to macro risks have laid a solid foundation for the company's continued growth in the future.Results and Market FeedbackCisco Systems (NASDAQ: CSCO) reported strong results for the third quarter of fiscal year 2025, exceeding market expectations overall.The company reported total revenues of $14.1 billion, up 11% year-over-year (+11% yoy), beating the market's general estimate of approximately $14 billion.No

$Tencent Holdings (00700) $The financial report was released. Judging from the superficial figures, the company's first-quarter revenue was 180.022 billion yuan (RMB, the same below), an increase of 13%, and the adjusted net profit was 61.329 billion, an increase of 22% year-on-year. Both data exceeded market expectations.In the past year, the market has paid great attention to Tencent's gross profit margin and capital expenditure. Tencent's efficient cost control ability has led to continuous improvement in the overall gross profit margin. However, with the high base effect and investment in AI, the gross profit margin will also begin to come under pressure in the second half of 2024. In the latest first quarter of 2025, the company's gross profit