Today we dive into the latest developments surrounding Baidu ($BIDU), one of China's tech giants.  August 30th, Bloomberg reported that Chinese officials are poised to grant Baidu approval for the first batch of generative AI services in the country. This significant news has propelled the stock to a remarkable 10% increase for the week. But that's not all! On August 25th, Baidu made headlines by announcing the expansion of its autonomous ride-hailing platform, Apollo Go, to include Wuhan Tianhe International Airport. This move showcases Baidu's commitment to advancing its driverless car services. Moreover, on August 22nd, Baidu managed to recover some of its recent losses, thanks to an impressive earnings report. $BIDU not only beat earnings expectations but also exceeded revenue forecasts, further solidifying its position in the tech industry. Watch this video to get the technicals and see how these pivotal events can have potential implications for Baidu's future.  ...

NVIDIA ($NVDA)'s Q2 results dazzle with soaring demand for AI, plus a new buyback program hinting at undervalued shares (485.67 +14.51).  NVIDIA ($NVDA +3%) delivered a smashing Q2 report, exceeding expectations and affirming the AI craze's strength. As the go-to GPU supplier for AI giants, NVDA proved its worth. Despite concerns about its valuation, trading at 18x FY25 sales, NVDA crushed it, posting a 429% YoY surge in earnings to $2.70 and a 102% jump in revenue to $13.51 billion. Q3 guidance looks equally robust at $15.68-16.32 billion. Plus, they're buying back $25 billion in shares, a clear sign they think their stock is a steal. The Data Center segment shone, up 171% YoY to $10.32 billion. Cloud titans like AWS, Google Cloud, and Microsoft Azure gobbled up NVDA's HGX AI supercomputers. China played its part, contributing its usual 20-25%. Export restrictions in China won't bite immediately, but long-term, they could. Gaming rebounded, with sales up 22% YoY to...

The market has been taking a bit of a dive recently and volatility is starting to increase (which we like as volatility based traders!) But here is a stock with super high volatility (for no apparent reason that I'm aware of) and near its annual lows.  As a trader, that is all I care about. So as a contrarian, I'll bet the stock drifts upwards over the next month and we'll look to close this trade prior to Earnings on 9/11.  Hopefully, by that point we will have ourselves a winner :)  Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entir...

If you're a coffee enthusiast with a penchant for stock market excitement, brace yourself for some steaming hot news. Dutch Bros (ticker: $BROS) is on a caffeine-fueled high, surging a whopping 20% after unveiling its sizzling Q2 report. It's like a double espresso shot for your portfolio! Dutch Bros, the coffee chain that's become a morning ritual for many, just pulled off a jaw-dropping earnings-per-share performance in Q2, making it their biggest victory dance since the legendary 3Q21. Okay, so the revenue might have been a bit shy of expectations, but hey, even the strongest cuppa joe has a few grains of sugar at the bottom, right? Let's cut them some slack. Check Out Video --> BROS Price Analysis Remember how the past few quarters were like a sleepy morning haze? Well, Q2 brought a breath of fresh air, with their same shop sales climbing 3.8%. That's a serious upgrade from the slump they faced earlier. We're talking about going from a bitter -2.0% declin...

How MercadoLibre's ($MELI) Q2 Earnings and Sales Beats Underscored the Potential of Latin America's Consumer Market In the bustling world of Latin American e-commerce, one company stands out like a beacon of success and resilience: MercadoLibre. Despite macroeconomic pressures, MercadoLibre has managed to soar with a +12% increase in its stock following a spectacular Q2 earnings and sales performance. Today, we delve into the factors that have fueled MercadoLibre's growth and made it a standout player in the Latin American market. Check Out Video --> MELI Price Analysis One of the key reasons behind MercadoLibre's success lies in the unique economic landscape of Latin America. Unlike developed nations grappling with inflationary pressures, Latin America has been more accustomed to enduring inflation, enabling companies to pass on higher costs to consumers with ease. This resilience has translated into consistent quarterly results, and MercadoLibre has undoubtedly rea...