Wall Street Is Making a Huge Mistake
Opinions
MU (stock, NASDAQ)
The speaker states that Micron's earnings were 'excellent', despite the stock being down.
The Local (stock)
The speaker notes the earnings report was 'a pretty good one' and believes the company is 'quite undervalued'.
NIO (stock, NYSE)
The speaker expressed a positive view by stating, 'I did open a position in new earlier this week.'
BABA (stock, NYSE)
The company had a 'slight miss on revenue, big miss on EPS', and declining profitability, which outweighs the positive cloud revenue growth.
Topics
AI's Impact on Unemployment
Alibaba (BABA) Earnings Report
Micron (MU) Earnings Report
Market Overview
Federal Reserve Interest Rate Policy
Inflation and Economic Data
Geopolitical Uncertainty Impact on Economy
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