$NVDA (+4.39%) On to old heights my girl... 😬

The first few months were quite turbulent for most of us - the orange man kept his word and gave the markets a good shake.

For some of us, it may have been the first time that prices hung deep red day after day, and many a panicked commentary could be read. Whenever I could (or thought it appropriate), I called for calm. Of course, keeping calm is not easy, especially as a beginner, when you are virtually powerless and have to watch your portfolio dwindle.

What does the situation look like two or three months later? Many portfolios have recovered, YTD many are probably back in the black or close to it.

Is that it yet?

Difficult. I'm rather skeptical as to whether that's "already" it, because not much has really happened in retrospect. Of course there are stocks (like $NVDA (+4.39%) or some World ETFs) that are still lagging behind, but on the whole things look pretty "normal".

And that's exactly what leaves me skeptical, because this feeling of a supposed "back to normal" is exactly what often comes before the actual slide.

How do I deal with this "un-normality"?

The same as always: me. Completely. It doesn't matter. I know that I can't time the market and so I don't try. I know that I won't need the money in the shares under any circumstances in the next five years, no matter what happens. I know that the companies I am invested in are good companies. And I know that actionism (out of panic, for example) has no place on the stock market.

What advice do I have for those whose "mouse-click finger is over 'SELL EVERYTHING!!!'" is more nervous?

• Really get to grips with the companies you invest in and not just buy because you read 'a headline'. Then, even in bad moments, you know why the decision to buy the company was and remains a good one
• Look less at the share price

Wishing you continued good business

Your Charmin

$NVDA (+4.39%)

https://watcher.guru/news/nvidia-announces-new-partnership-to-build-ai-factories-in-saudi-arabia

Following talks in Geneva, the Trump administration is dropping the import tariff on Chinese goods from 145% to just 30%. Switzerland also received high praise as the venue and host for the negotiations.

Following talks in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, both sides are substantially lowering the reciprocal import tariffs. As Bessent announced at a media conference on Monday, the Trump administration is dropping the punitive levy from 145% to just 30%.

According to Bessent, China has reduced the import duty on US goods to 10%. However, the 90-day period until tougher tariffs come back into force on July 8 remains in force while both sides continue talks on a new trade agreement.

"Enlarging the cake"

The Chinese delegation announced that it had reached a "series of important agreements". The two sides had also agreed to set up a mechanism for economic and trade consultations, said He Lifeng, according to Chinese state media. Details would be worked out as soon as possible.

China and the USA also announced a joint declaration for this Monday. He described the talks in Switzerland at the weekend as "open and constructive". China is willing to "enlarge the cake of cooperation" and push forward trade relations with the US for new development in order to bring more stability to the global economy, He said.

He said the meeting in Geneva was an important step to resolve the differences through dialog and laid the foundation for deepening cooperation. On Monday, Bessent and US Trade Representative Jamieson Greer expressly praised Switzerland as the venue for the negotiations and the Federal Council as the host.

The stock markets in the USA, Asia and Europe reacted positively to the results of the talks in Geneva. The major indices are advancing, yields on US government bonds are falling. Only shares in pharmaceutical companies fall, in some cases substantially. They are reacting to another piece of news, according to which Trump today per Dekret Medikamentenpreise in den USA stark senken will.

Is this the turning point?

Trade between the US and China is hardly profitable anymore due to the high tariffs and has therefore almost come to a standstill. Relations between the world's two largest economies have reached another low point since the escalation in the trade conflict in April. US President Donald Trump imposed 145% tariffs on goods from China. Beijing decided to impose counter-tariffs of 125% on US goods.

Both countries have so far tried to give the impression that they have the upper hand and do not need to take the first step to approach the other side. The talks in Geneva should now mark a turning point. Greer said at the end of the talks that common ground had been quickly established, suggesting that the differences were not as great as had been thought.

Chinese emphasize the importance of the WTO

As reported by Chinese state television, Vice Premier He, who had travelled to Switzerland to discuss economic and trade issues, also met the Director-General of the Geneva-based World Trade Organization (WTO), Ngozi Okonjo-Iweala.

The Chinese national spoke with the Nigerian about the recent tariff negotiations with the USA. All sides should resolve disputes through dialog within the framework of the WTO, He reportedly said. China would continue to participate in the reform of the WTO.

• Article from FuW, 12.05.2025

So it's off today.

$NVDA (+4.39%) should not have to write off the Chinese market. My shares and long calls are happy. $VWCE will enjoy it.

Edit: Oops - shares + crypto worth over 200k for the first time today, but around 20k Lombard loan outstanding - but this should be repaid by the savings portion and not sold. With 220k "real" over 200k ;-)

Happy investing

GG

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$PLTR (+1.96%)
$AMD (+4.65%)
$INTC (-3.23%)
$NVDA (+4.39%)
$NBIS (+1.59%)
$NET (+1.71%)
#podcast
#spotify
$SPOT (+1.76%)

$NVDA (+4.39%) .

🍊 Has opened the race. CANN go CUDA.

Nvidia blames the USA:

A loss on the scale of Boeing: Nvidia boss Jensen Huang warns in no uncertain terms about the loss of the Chinese market.

Things are actually going brilliantly for Nvidia: its CEO Jensen Huang has given himself a hefty pay rise for the first time in 10 years for the 2025 financial year.

But now he is warning of the consequences that the enormous loss of the Chinese market would mean not only for Nvidia, but also for the dominance of the USA in the technology market.

A looming loss on the scale of Boeing, not the airplane, but the company

According to CompaniesMarketCap, Nvidia is the third most valuable company in the world with a current market capitalization of 2.863 trillion. In the 2025 financial year, which ended on January 26, 2025, sales in China accounted for around 13 percent, or around 17 billion US dollars, according to Reuters.

This is despite the fact that Nvidia's high-quality GPUs in particular, such as the A100 and H100, are already subject to export restrictions to China. This is one of the reasons why the release of the Chinese chatbot DeepSeek caused such a stir.

The trade dispute between the USA and China could therefore mean billions in losses for Nvidia. Huang himself put the expected loss of the Chinese sales market at 50 billion dollars, according to MarketWatch at the Milken Institute Global Conference:

50 billion dollars is like Boeing - not the airplane - the whole company.

According to Huang, the gap that Nvidia would leave in the Chinese market would quickly be filled by a competitor: Huawei.

CANN from Huawei gives CUDA from Nvidia serious competition

In an interview with CNBC at the end of April, Huang had words of praise for the Chinese competitor. Huawei is one of the most impressive tech companies in the world.

China is hot on the heels of the USA in the long, never-ending race to become the global leader in the development of artificial intelligence.

Jensen himself emphasizes in an interview with Bg2 Pod that Nvidia's software platform and programming architecture CUDA (Compute Unified Device Architecture) is a decisive success factor for the company.

CUDA is deeply embedded in almost all leading deep learning platforms such as PyTorch or TensorFlow - anyone who trains AI models on GPUs there usually automatically uses Nvidia's CUDA libraries.

However, an independent alternative is now emerging in China: Huawei's CANN (Compute Architecture for Neural Networks) is the software ecosystem behind the Group's Ascend chips and is set to play the same role as CUDA in the West in the medium term.

However, CANN is still being criticized by developers, according to the China Academy: CANN does not yet come close to CUDA in terms of performance and user-friendliness. However, Huawei is working on improving the system.

The Chinese competition therefore seems to be well prepared to fill the gap that Nvidia is potentially leaving in China and perhaps secure a certain advantage in the neck-and-neck race with the USA.

https://www.gamestar.de/artikel/nvidia-huawei-jensen-huang-china-usa,3432614.html

US tech giants in focus

In the current season, all eyes are on the balance sheets of the big US tech giants such as NVIDIA $NVDA (+4.39%)Microsoft $MSFT (+0.9%)Amazon $AMZN (-0.12%) and Tesla $TSLA (+4.82%). These companies are at the center of stock market attention because their latest results and upcoming release dates are of enormous importance. They give us an insight into the economic situation and the future development of the industry. The quarterly figures are expected to be published in the next few weeks, which could lead to significant price movements on the stock market. Investors should be prepared for exciting developments, as these tech giants play a key role in the global economy and influence the markets far beyond their home turf.

China's economy battles deflation

In China, the economy is facing increasing challenges as consumer prices continue to fall in the wake of the trade dispute with the US. The consumer price index fell by 0.1 points year-on-year in April, falling short of expectations. This deflation could be detrimental to the economy in the long term, as it reduces companies' revenues and potentially jeopardizes jobs. The Chinese government has set itself an inflation target of around two percent, but weak demand and high unemployment among young people are weighing on economic stability. In order to stimulate the economy, the central bank has announced interest rate cuts. Although these measures are a step in the right direction, the trade conflict with the USA could continue to influence price trends in China, which means both opportunities and challenges for the domestic economy.

Sources:

https://www.finanzen.net/nachricht/aktien/giganten-im-ueberblick-bilanzen-tesla-nvidia-apple-amazon-co-termine-und-ergebnisse-der-tech-riesen-in-der-aktuellen-saison-14362387

https://www.finanzen.net/nachricht/aktien/wirtschaftlicher-gegenwind-handelskonflikt-und-deflation-belasten-chinas-konjunktur-14471455

First of all, thank you for taking the time to read this post🙄 it's getting a bit long😅

As you know, the market has only gone in one direction in recent weeks and months📉, but now the wind seems to have changed 📈

since my portfolio presentation last year, I have now used the correction to some changes in the portfolio, which I would like to share with you 🙃 "Unfortunately" there was no reduction in the portfolio for the time being because there were too many attractive opportunities🥹

At the beginning of April in particular, I massively reduced my cash reserves and expanded or even doubled my positions. I also made a a few new additions in my portfolio begrüßen✌️(I actually had a few stocks inspired by the dear @Aktienhauptmeister 👀) Greetings go out 😆

In my portfolio introduction post, I mentioned that I would like to $DHR (-3.73%) against $SYK (+0%) would exchange. Now it has actually been implemented ✅ necessity is the mother of invention, which is why I have also parted with $OR (-3.38%) I also parted with

I didn't want to share all my purchases now, that would be too much, so I'll list what I bought here 🙂

I tried as best I could to increase "every" position in the portfolio a bit🧐

First of all, I'll mention the positions that were further expanded

$VWCE (+0.27%) + ~10k

$GRAB (+3.43%) + ~1k to (3.38)

$BLK (+0.17%) + ~ 1.3k (678)

$ASML (+0.82%) + ~2.7k (555,45)

$GOOGL (+3.46%) + ~ 1.5k (124,66)

$MPWR (+1.46%) + ~ 1.6k (409,21)

$SOFI (-1.84%) + ~ 0.7k (7,78)

$LIN (-0.84%) + ~ 1.1k (388,20)

$QCOM (+1.09%) + ~ 1.5k (113,62)

$CRWD (-1.39%) + ~ 0.9k (289,75)

$MSCI (+0.44%) + ~1.3k (451)

$V (-0.38%) + ~ 1.4K (274)

$AMZN (-0.12%) + ~ 1.4K (159,74/159,34)

$MSFT (+0.9%) + ~ 1.7k (335/337,75)

$MC (-2.46%) + ~ 1.9k (482,31)

$NOVO B (-1.93%) + ~ 2.5k (51,68)

$ABBV (-4.93%) +~ 1.5k (152)

$NVDA (+4.39%) +~ 2k (85,04)

$UNH (-0.83%) +~ 1.7k (336,30)

$PEP (-1.25%) +~ 1.1k (114,97)

$MRK (-3.71%) +~ 1k (67,70)

------------------

now to the new arrivals 🤩 the ones now mentioned below I opened the positions for the first time 😇

$SYK (+0%) ~ 2.1k (305,72)

$META (+0.57%) ~ 1.4k (467,30)

$AVGO (-0.07%) ~ 1.1k (156,76)

$ISRG (-0.17%) ~ 1.6k (398,30)

$SPGI (-0.43%) ~ 1.2k (403,22)

$ANET (+0.66%) ~ 1.8k (70,50/58,65)

$UNP (+0.11%) ~ 0.9k (187,56)

$CAT (-0.63%) ~ 1.5k (246,50)

(I hope I have not forgotten anything)

I have invested a total of about 45k and am absolutely satisfied with my investment case. Now I have no more buffer to add 🥲 in the next few months I will build up cash again 😬

Now I'm curious to see what you've bought, my dear investors?

Like for example @Aktienhauptmeister
@Max095
@Tenbagger2024
@Simpson 🫣

thanks again for reading 🥸

in that sense

have a nice weekend ✌️