数据宝

Just a reminder, $Costco Wholesale(COST.US) will release its Q2 FY2026 earnings report after the US market closes on March 5. At this current level, some investors are already starting to bet on the earnings. A good company is no problem, but the volatility around earnings won't be small.

This wave of power equipment is really confusing. Dongfang Electric and Harbin Electric directly took off today, and there are also CGN and Chongqing Machinery in the same sector, each one stronger than the last. Who would have thought the State Grid's 4 trillion stimulus would be so powerful? The heavy position in Sany Heavy Industry actually dipped slightly. Truly, in the stock market, it's all about going with the flow. The power sector's main trend doesn't seem to be over yet, and the fear of missing out is a bit unbearable. I can only comfort myself by saying, 'Chasing highs still requires caution.'

Why are these major banks all rising like this recently? I really don’t understand why even China Construction Bank and Industrial and Commercial Bank are turning red again. It was still sluggish this morning, and suddenly there’s talk of high dividends. ICB is being watched for its ROE, while CCB at least looks somewhat decent on the board.

But looking back, Agricultural Bank is just crawling slowly, and even a 0.5% change keeps me hesitating for half an hour.

Now Bank of China is even dealing with SMS scams… Are people trading on performance or a sense of security? Brokerages are raising their ratings louder and louder—stay rational.

Alas, Moderna's recent performance is really underwhelming... Closed at $24.06, down 0.41%. The peak rally is over, and the stock price has halved from its all-time high. The vaccine business is dragged down by cyclical factors, overseas expansion lacks catalysts, and community engagement is plummeting 🕳️. The turnover rate looks decent, but ETF tracking and foreign capital allocation are mediocre—everyone prefers to wait and see. Recent news flow is thin, the company has barely any buyback activity, and dividends are out of the question... The whole sector is sluggish...

Seres holds 10% of Yinwang's shares, how many shares of Qualcomm do Xiaomi and Li Auto have?

$NVIDIA(NVDA.US) The US stock market crashed again, NVIDIA crashed again, sigh, what a piece of junk

Teacher ro, is Apple now being ignored and not worth paying attention to anymore?

$NVIDIA(NVDA.US) How about that? Such a big market cap, yet so active.

$NVIDIA(NVDA.US) NVIDIA is truly a "wealth creation myth", touted as "buying is earning". Its stock price rose nearly 240% last year and once surged over 170% this year, with its market capitalization briefly exceeding $3 trillion, even surpassing Microsoft and Apple to become the world's most valuable company.

Came across something interesting. Bill Gates turns out to be the biggest victim in history who believed in stock market influencers.

.

Microsoft's former CEO, Steve Ballmer, just an employee of Microsoft, actually has a net worth of $160 billion, ranking sixth among the richest people in the U.S. Behind him are Bill Gates, Warren Buffett, and others.

I was quite surprised. How could an employee's wealth surpass the company's founder? And even outshine the godfather of value investing?

This is really rare. Amazing. So I looked it up.

.

This guy started as an ordinary early employee at Microsoft, with no shares when he joined, just a $50K salary + sales commission. He did well in sales (looking back, it was more because the company's products sold themselves, not because he was that great), so when Microsoft went public, the two partners gave him 8% of the shares (Bill Gates held 49% at the time).

Later, this guy became Microsoft's CEO, serving for 14 years with a terrible reputation—pretty much a failure who almost drove Microsoft into the ground. When he retired in 2014, Microsoft's stock surged in celebration.

After retirement, he did nothing. He just held onto his Microsoft shares until now, never selling them. After dilution, he now holds 4%. His assets are 90% Microsoft shares, making him the largest individual shareholder of Microsoft today.

Meanwhile, Bill Gates hired a famous investment expert, equivalent to today's stock market influencers. The influencer kept selling Bill's Microsoft shares, reducing them to just 1%, diversifying his investments into many well-known companies. Bill's current net worth is $150 billion. If he hadn't sold, his net worth would be $1.5 trillion.

.

What lessons can we learn?

1. To get rich, you need concentrated, ultra-long-term investments in companies that continuously create insane value. (The hard part: how to find such companies?)

2. Don't trust stock market influencers.

#Thoughts from a Lifetime of Clarity#

$Tencent Holdings (00700)$ I knew someone would say Tencent is out of money

#Nvidia's stock price suddenly surged during the trading session, what happened?#$Morgan China Securities A50 ETF Feeder Fund C(F021178)$ A-shares collectively showed an upward trend, choosing here has great growth potential

Zhu Jiu's Insights (September 25)

Yesterday, the market surged sharply, with the Shanghai Composite Index posting a 100-point rally, skyrocketing 4.15% in a straight line—absolutely brutal! This was undoubtedly linked to the morning meeting, whether it was the cuts to reserve requirements, interest rates, or existing mortgage rates, or the groundbreaking move to provide loans for corporate buybacks—all were rare drops of rain in a parched funding pool.

But more importantly, the market itself had already fallen to a point of value. In my insights from the day before yesterday and yesterday’s early session, I directly stated that this was the "absolute low" and "absolute bottom." Liquidity was the spark, and the absolute low and bottom were the dry tinder—hence the brutal rally.

From a short-term perspective, this high-volume bullish candlestick could change market sentiment. No matter how the market fluctuates from here, the uptrend has already emerged—it’s just a question of how it plays out.

On the other hand, some are already mentioning a "bull market," which is way too early. The current measures are all aimed at sealing the bottom—downside risks are contained, but for a sustained, sharp rally, fundamental support is still needed. As for the real economy, further support should follow.

Support measures are important, but what’s even more critical is the shift in the underlying rationale—that’s the key. The old liquidity pool wasn’t small, but without the "cup" of real estate, drinking was still hard. Now, let’s see how effective the stock market cup turns out to be.

腾讯控股，该起床啦！下午到了。