➀ The headline numbers of the annual semiconductor market growth remain strong; ➁ A deeper dive into the details reveals a much bleaker picture with high inventory levels and low capacity utilization; ➂ The webinar will discuss the market outlook for 2025, the return of IC unit growth, and the implications of China's CapEx overspend.

➀ KLA reports a solid quarter with modest growth; ➁ China's economic moderation poses uncertainty; ➂ TSMC's spending dominance continues; ➃ KLA faces challenges in reticle inspection market.

1. The stock has fallen over 35% since the sell rating in December 2024; 2. Technical analysis indicates a bearish outlook with no signs of bottoming; 3. Revenue spike in recent earnings, but commercialization still distant.

1. The technical outlook for Costco is bearish with widespread bearish indications; 2. Recent earnings showed revenue growth but EPS growth was disappointing; 3. The stock is overvalued with P/S and P/E ratios not aligned with financials; 4. A sell rating is initiated due to unfavourable risk/reward setup.

1. Credo Technology's stock is undervalued with a 0.52x adjusted PEG ratio, lower than the industry average; 2. The company reported a substantial revenue increase of 87% QoQ and 154% YoY in Q3; 3. Credo's growth is driven by high demand for connectivity and AI infrastructure, with reduced customer concentration risks.

1. Despite recent market volatility, the author remains bullish on the intermediate and long-term outlook due to potential positive catalysts like Fed easing and fiscal stimulus. 2. Current extreme fear in the market suggests a potential buying opportunity rather than a reason to sell. 3. Economic resilience and potential Fed rate cuts could offset recession fears, with valuations appearing reasonable, especially in tech and small-cap stocks.

1. The initial bullish thesis for Bitcoin reaching $117,000 was based on Trump's potential crypto presidency and bullish chart patterns, but it fell short. 2. Despite Bitcoin reaching all-time highs above $109,000, recent trend failures and a drop below $80,000 necessitate reassessing portfolio positions for potential further downside. 3. Indicators like Standard Deviation channels and MACD suggest more room for Bitcoin to fall before reaching oversold territory, prompting a rating reduction.

1. Super Micro Computer's stock fell 30% before a strong rally following weak 2Q earnings; 2. Management confident in timely completion of filings without major issues; 3. Company projects strong FY2026 outlook with $40 billion revenue target, driven by NVIDIA's Blackwell, but credibility issues remain a concern.

1. Arista Networks had a strong 2024 but is currently overvalued at 32x forward non-GAAP operating profits; 2. Despite strong AI networking prospects, much of ANET's growth is already priced in, and operating margins are showing signs of compression; 3. The company's balance sheet flexibility is notable, but the risk-reward balance doesn't justify a bullish stance at this valuation.

1. Gold has experienced a significant bull run, with prices jumping by nearly 30% since January 2024; 2. Global instability, central bank purchases, and AI demand could continue to impact gold prices; 3. Despite potential headwinds, strong global demand and a high gold-silver ratio suggest further upside for gold.

1. Enovix is a pre-revenue company developing high-performance batteries; 2. The company aims to start mass production in Malaysia by late 2025; 3. Success hinges on achieving 95% battery yields and securing major customers; 4. Despite past misjudgments, the author is bullish on Enovix's long-term potential; 5. The stock is considered high-risk, high-reward due to its reliance on yield targets and production ramp-up.

1. I rate Pfizer a sell for the next 18-24 months due to continued headwinds from Medicare Part D redesign and patent expirations. 2. Danuglipron could be a catalyst for a turnaround if late-stage trials succeed in 2025. 3. Short-term, the 6.6% yield and low valuation ratios may attract value investors.

1. Despite recent underperformance, General Mills remains undervalued and has a stable business model; 2. Revenue growth has been inconsistent due to lower volumes and competitive pressures, but price increases have helped; 3. Profitability metrics show mixed results, but cash flow has improved, and strategic moves like divestitures are expected to enhance financial stability.

1. Lam Research's Q2-2025 earnings exceeded expectations with strong revenue and EPS growth; 2. The stock's valuation is elevated, but a more attractive entry point could be in the $70-75 range; 3. A potential long-term buying opportunity could arise if the stock's valuation drops closer to historical levels.

1. Investors will be busy with a plethora of U.S. data next week, with the jobs report on Friday being the highlight. The Job Openings and Labor Turnover Survey for December will be released on Tuesday. The University of Michigan's preliminary consumer sentiment reading will be released on Friday. Wholesale inflation in the European Union will be released on Wednesday, followed by retail sales on Thursday. 2. Earnings season will continue with notable companies like Alphabet, Palantir Technologies, Novo Nordisk, Walt Disney, and Qualcomm reporting results. 3. The earnings spotlight includes companies like Palantir Technologies, NXP Semiconductors, IDEXX Laboratories, Tyson Foods, and Clorox on Monday, and Alphabet, Merck, PepsiCo, Advanced Micro Devices, and Amgen on Tuesday.

1. RTX reported strong Q4 results with double-digit sales growth across all channels; 2. The company achieved 11% organic sales growth for the year with significant profit increases; 3. RTX's 2025 guidance includes 4-5% organic sales growth and strong free cash flow.

1. The Federal Open Market Committee is widely expected to take a pause after cutting rates since September. 2. Investors are focusing on the Federal Reserve's signaling for future policy. 3. The debate is whether the Fed will cut rates again this year, with market pricing indicating a high probability of at least one cut.

1. The Federal Reserve's first interest rate decision of the year is expected on Wednesday; 2. The earnings season is in full swing with major companies reporting; 3. The economic calendar is packed with updates on GDP and inflation.

1. GE Aerospace has been upgraded to 'Strong Buy' with a fair value of $250 per share due to robust order growth and strong FY25 guidance. 2. Significant investments in the LEAP engine program and MRO facilities are key drivers of sustained growth in commercial engines and defense markets. 3. FY25 revenue is projected to grow by 12.5%, driven by Commercial Engines & Services and Defense & Propulsion Technologies segments.

The first full trading week of the year will be busy for Wall Street, with inflation being a key focus. Key economic reports and earnings season will be in focus, including reports from major lenders and retail companies. The article also mentions the ICR retail conference and the JPMorgan Healthcare Conference.