Aprils inflation marks the slowest gain in three months.

Adobe $ADBE - the design software maker - reports earnings best this Thursday. 👉EPS: $4.48 adjusted v $4.39 expected 👉Revenue: $5.31 billion vs. $5.29 billion expected “Our highly differentiated approach to AI and innovative product delivery are attracting an expanding

It's still the same

Buyout offer and then sideways price action tying up capital whilst tech stocks have rallied since the start of the year

Are you still fully invested in tech stocks?

Nvidia $NVDA today surpasses Microsoft $MSFT as the most valuable company in the world. Its market capitalization hit $3.35 trillion, Microsoft's is at $3.32 trillion. More than happy for it to be 20% of #PILTECHX, our flagship large-cap tech portfolio.

As per the Wall Street Journal, Apple $AAPL and Facebook’s parent company Meta $META are in talks around a similar partnership that the iPhone maker struck with with OpenAI to bring ChatGPT into the revamped version of Siri.

“Active ETFs are seen as one of the main drivers of the future growth of the European ETF market.” Detlef Glow, Head of EMEA Research at LSEG Lipper #etf

If you don’t have time to spend looking after your stock market investments day-to-day, dollar cost averaging is your game. Time to execute.

In as much as we like sharing how well #PILTECHX is performing against its benchmarks, we’re not complacent. Stocks do not go up in a straight line and are long term investors, smoothing out the ride when there are the inevitable bumps in the road.

No need to buy the Tesla $TSLA dip when you buy and hold

Records keep being broken in this market

12 years ago, I made ZERO from stocks. Today, I make 40% per year. The key? Value investing. Here are 5 dead-simple tips to improve your investing with value investing:

Wealth is created when markets are in free fall. This is the value based approach we take here at Pilane Capital. Not so much buying the dips, more like buying the plunges.

Arm Holdings $ARM stock posted a 4.6% gain today after details emerged on its new strategy for the data center market when it reports quarterly earnings later this month. What’s even more amazing is that it’s up just under 200% since its IPO last September.

A note by Goldman Sachs this week: $AMZN, $META, $MSFT, and $GOOG have poured a combined $357 billion into capex/R&D over the past four quarters and a “significant portion" has been allocated to to AI. This is the tech trade.

The probability of a recession has fallen to just 28% according to WSJ

In this week's edition of the Pilane Capital newsletter: 👉 Goldman Sachs issues warning over AI exuberance. 👉Dow Jones hits record intraday high: 40,200. 👉Citigroup $C, Wells Fargo $WFC, and JPMorgan Chase $JPM beat expectations. Plus much more, take a look 👇