To The Moon

JD will release its Q2 earnings report before market open this Thursday. Analysts forecast its total revenue will hit RMB 342.10 billion in Q2 2026, with adjusted EPS at RMB 5.4. $京东(JD)$ In terms of valuation, JD’s current price-to-earnings ratio stands at 20.54, staying flat with little fluctuation over recent years. Breaking down JD’s revenue mix, its business is split into two core segments: product sales and service offerings, with vastly different performance trends.​ Weak consumer demand for electronics and home appliances has dragged down product sales. Analysts expect this category’s Q2 revenue to drop 14.66% year-on-year, pulling overall net product revenue down 7.58% from last year.​ On the service side, high-margin busine

Tencent will release its Q2 earnings report before the U.S. market opens on Wednesday. According to analyst forecasts, Tencent’s revenue for the second quarter of 2026 is expected to reach ￥202.843 billion, representing a 12.7% year-over-year increase, while adjusted earnings per share (EPS) is projected at ￥7.464. $TENCENT(00700)$ In terms of valuation, Tencent’s current price-to-earnings ratio stands at 16.95, placing it at a relatively low level compared with the past five years. In terms of revenue breakdown, Tencent’s business mainly consists of four key segments: Value-Added Services, Games (including domestic games, international games, and social networks), Marketing Services, and FinTech & Business Services. Value-Add

CoreWeave is set to release its Q2 earnings report after the market closes this Tuesday. According to analyst forecasts, CoreWeave’s revenue for the second quarter of 2026 is expected to reach $2.563 billion, representing a 161.1% year-over-year increase, while adjusted earnings per share (EPS) is projected at -$1.199. $CoreWeave, Inc.(CRWV)$ In terms of valuation, CoreWeave’s current price-to-sales ratio stands at 7.5, placing it at a relatively low level compared with the past two years. CoreWeave revealed plans to expand its AI cloud platform partnership with IMC and signed a multi-year agreement with storage supplier Solidigm. Meanwhile, CoreWeave plans to invest billions of dollars to enter the Asian market, including the cons

SanDisk is set to release its FY26 Q4 earnings report after the market closes today. According to analyst estimates, the company’s revenue for FY26 Q4 is expected to reach $8.637 billion, with adjusted EPS projected at $34.369. From a valuation perspective, SanDisk’s current price-to-book (P/B) ratio stands at 15.34x, placing it at a relatively high level compared with the past two years. By end market, SanDisk’s revenue is primarily derived from three segments: Datacenter, Edge, and Consumer. While edge remains its largest revenue contributor, the datacenter segment is experiencing the strongest growth, with revenue expected to surge 1133.8% year over year in Q4 FY2026. From a regional breakdown perspective, Asia remains SanDisk’s largest revenue market and continues to maintain strong gr

SpaceX is set to release its Q2 earnings report after the market closes today. According to analyst forecasts, SpaceX’s revenue for the second quarter of 2026 is expected to reach $6.81 billion, with adjusted earnings per share projected at $-0.236. $SpaceX(SPCX)$ In terms of valuation, SpaceX’s current Price-to-Sales Ratio ratio stands at 80.6. SpaceX’s revenue is primarily composed of three segments: Space, Connectivity, and AI. Among these, connectivity is expected to remain the largest revenue contributor in Q2, while AI is projected to overtake it in Q3. Analysts estimate that by 2030, SpaceX’s AI business could generate more than $20 billion in operating profit, while its Connectivity business could exceed $15 billion in oper

Amazon is set to release its Q2 earnings report after the market closes this Thursday. According to analyst forecasts, Amazon’s revenue for the second quarter of 2026 is expected to reach $196.994 billion, with adjusted earnings per share projected at $2.299. In terms of valuation, Amazon’s current price-to-earnings ratio stands at 32.91, placing it at a relatively low level compared with the past five years. Amazon’s revenue is primarily composed of six segments: Online Stores, Physical Stores, Retail Third-Party Seller Services, Advertising Services, Retail Subscription Services, and Amazon Web Services (AWS). Among these, Online Stores, Third-Party Seller Services, and AWS are the company’s major revenue contributors. AWS revenue is expected to grow 31.34% year over year in the second q

Apple is set to release its Q3 FY2026 earnings report after the market closes this Thursday. According to analyst forecasts, Apple’s revenue for Q3 FY2026 is expected to reach $108.853 billion, adjusted earnings per share are projected to reach $1.886. In terms of valuation, Apple’s current price-to-earnings ratio stands at 40.74, placing it at a relatively high level compared with the past five years. Apple's revenue is primarily generated from two major business segments: Services and Products. The Products segment, which includes iPhone, iPad, Mac, and Wearables, Home & Accessories, remains the dominant contributor to revenue. Among these, iPhone continues to be Apple’s largest revenue source, with sales expected to grow 20.22% year over year in the third fiscal quarter. Notably, Ap

Qualcomm is set to release its Q3 earnings report after the market closes this Wednesday. According to analyst forecasts, Qualcomm’s revenue in Q3 is expected to reach $9.627 billion, representing a 7.1% year-over-year decline. Adjusted earnings per share are projected to reach $2.215, down 20% year over year. In terms of valuation, Qualcomm’s current price-to-earnings ratio stands at 18.46x, which is relatively low compared with its historical levels over the past decade. Qualcomm’s revenue is primarily generated from three major business segments: CDMA technologies (QCT), including Handsets, IoT, and Automotive; Technology Licensing (QTL); and Strategic Initiatives (QSI). Among these, CDMA Technologies (QCT) is expected to remain the largest revenue contributor in the third quarter. Acco

Last night, the U.S. chip stocks plummeted: Nvidia fell 5%, losing its crown as the world’s most valuable company by market capitalization. SK hynix plunged more than 7.4%, while ASML declined over 5.8%. The panic extended into today. SK hynix and Samsung Electronics both fell more than 13%, while South Korea’s KOSPI index triggered circuit breakers multiple times. Meanwhile, NAND flash memory leader Kioxia plunged 17%, crashing nearly 60% from its recent all-time high. In Hong Kong stocks, AI large-model leader Zhipu dropped 16% today, falling from its record high of HK$2,980 to HK$1,070 in just over a month, representing a decline of approximately 64%. $Z.AI(02513)$ This sharp decline appears difficult to explain as a normal mar

Over the past month, the AI sector has shown signs of a major pullback. For example: SK Hynix, the memory chip giant, has plunged 40% from its peak; ARM has fallen 43% from its highs, and Japan’s NAND flash memory leader Kioxia has dropped 55%. $SK hynix(SKHY)$ $ARM Holdings(ARM)$ It is worth noting that Kioxia’s market capitalization once exceeded $368.2 billion, surpassing Toyota Motor by more than $100 billion in June this year and making it the largest company by market value in Japan. However, in just one month, Kioxia’s market capitalization has evaporated by approximately $180 billion. As the AI trade cools off, another sector is quietly gaining strength, biopharmaceu