What TradingKey 美股財經 said in this video:
- QQQneutralshort-termThe Nasdaq 100 index fell less than 7% in October while three quarters of tech stocks are down over 20% from highs; the calm index masks an internal bear market.Source
- AMZNbearishmid-termAmazon's trailing twelve-month free cash flow swung from positive to deeply negative, operating cash covers only ~80% of equipment spend, and long-term debt surged within nine months.Source
- MSFTbullishmid-termMicrosoft's capex also nearly doubled, but with 48% cloud growth and positive $18.6B free cash flow, it is the positive example as the market separates productive spenders.Source
- GOOGLbearishmid-termGoogle's free cash flow turned negative for two straight quarters and it executed the largest equity financing in US corporate history while halting buybacks, diluting holders.Source
- METAbearishmid-termMeta's free cash flow turned negative for the first time since listing, and it launched a ~$35B stock offering with up to $60B more planned — the dilutive last rung of financing.Source
- INTCbearishmid-termIntel fell nearly 29% in a day after earnings and also raised $23B via stock issuance last quarter, a company forced into dilutive funding.Source
- Bonds & Ratesnegative for stocksshort-termThe 10-year Treasury yield is back above 5% and December hike odds once exceeded 80%; high rates hurt tech most because their value sits far in the future.Source
- CRWVbearishshort-termCoreWeave-type leveraged compute lenders see unsecured debt yields near 15% and CDS pricing typical of financially distressed firms, with the stock down 36% in October.Source