When one of the best-known Youtubers shows in his latest video the disadvantages of Tesla's ($TSLA (-1,34%)) "Full Self Driving" without lidar, and how superior other SDVs with LIDAR are, the effect on the stock markets is unlikely to fail to materialize.

Hesai Group SP ADS-B $HSAI (-5,29%)

Luminar Tech $LAZR

Innoviz $INVZ

ON Semiconductor $ON (-0,61%)

Cepton $CPTN

The Tesla $TSLA (-1,34%) shares suffered another setback on Friday, falling by up to 4 %. This takes the losses from their record high to almost 50 %. After an initial post-election rally that electrified investors, the euphoria now seems to be fading. Respected analyst Dan Ives of Wedbush, considered by many to be the great Tesla advocate, described this phase as a 'good check moment' for fans of the company. It is a time for investors to pause and think about the future of the brand.

In his note to clients released on Thursday, Ives stated that 'the time has come' to defend the stock. He even added Tesla to his 'Best Ideas List' and reiterated his 'Outperform' rating with a price target of 550 dollars. However, this positive assessment is no coincidence. Thursday's 5.7% drop was heavily influenced by CEO Elon Musk's controversial ties to the Trump administration, which have significantly dampened sentiment around the stock. With a closing price of 479 dollars on December 17 and a current level of around 253 dollars at lunchtime, the picture has changed significantly.

Ives warns that negative sentiment and analyst concerns have often overshadowed Tesla's positive story in the past. Despite the political challenges and discussions surrounding Musk, Ives sees less than 5% of Tesla's global sales at risk. He is optimistic that Musk will better balance his time between his numerous commitments at DOGE and Tesla/SpaceX to get the company back on track.

In another exciting development, Onsemi has $ON (-0,61%) announced a takeover bid for Allegro MicroSystems to strengthen its market position in the semiconductor industry. While the exact terms and price of the acquisition have not yet been disclosed, this move could help Onsemi expand its product lineup and intensify competition in the fast-paced semiconductor industry. So far, there are no other significant events related to this acquisition, but the industry will be watching closely to see how this situation develops.

Sources:

https://finance.yahoo.com/news/tesla-stock-has-dropped-34-in-2025-this-gut-check-moment-has-one-of-wall-streets-biggest-bulls-doubling-down-132150387.html

https://finance.yahoo.com/m/8913ae97-52b6-3044-a06c-0dea6544e12a/onsemi-discloses-offer-to.html

Takeover interest in Allegro

Allegro Microsystems $ALGM (+0,26%) attracts takeover interest from ON Semiconductor, Bloomberg News reports. ON Semiconductor $ON (-0,61%), with a market value of $19.83 billion, has hired advisers in recent months to push ahead with a takeover of Allegro, which is valued at $4.11 billion. There is speculation that other potential buyers may also be interested in Allegro. Allegro has also appointed Mike Doogue as its new CEO, while ON Semiconductor has announced a restructuring plan that will affect 2,400 jobs worldwide.

Trump designates cryptocurrencies for strategic reserve

In the US, President Donald Trump has designated three cryptocurrencies, including $XRP (+2,18%) , $SOL (+3,45%) and $ADA (+1,8%), for a new strategic reserve. This news caused prices to rise by up to 55% on Sunday. Trump emphasized that his goal is to make the US the "crypto capital of the world". Despite a recent decline in cryptocurrency values, the industry is hoping for a clear regulatory direction under the Trump administration. It remains unclear how the new reserve will be set up in concrete terms and whether legislation is required for this.

Honor invests 10 billion in AI

Honor, the smartphone manufacturer from Shenzhen, is planning to invest USD 10 billion in the development of AI for its devices over the next five years. CEO James Li announced at the Mobile World Congress that the company plans to develop AI-powered PCs, tablets and wearable technologies in addition to smartphones. Honor recently completed a restructuring to prepare for an IPO. Despite a decline in the smartphone market, Honor aims to capitalize on the booming AI investment landscape in China and is receiving support from the local government for research and development.

Sources:

https://finance.yahoo.com/news/allegro-drawing-takeover-interest-semiconductor-154617062.html

https://finance.yahoo.com/news/trump-names-cryptocurrencies-strategic-prices-160454350.html

https://finance.yahoo.com/news/chinas-honor-announces-10-billion-163451037.html

Why I am currently bearish on the market, a report.

1. macroeconomic environment

US exceptionalism: dominance and risks

• US market at all-time highs:
• S&P 500 and other indices are at a 75 year high compared to the rest of the world. This is based on strong macroeconomic fundamentals, the attractiveness of the US market and a high risk appetite among investors.
• Problematic strengthSuch a level could indicate overvaluation. Any weakness in the US growth data could trigger an abrupt correction.

• Record high US dollar:
• The US dollar is at a 55 year high in the real effective exchange rate (REER). (The REER measures the competitiveness of a currency against the currencies of its major trading partners, taking into account inflation and trade volume) This increases the pressure on emerging markets and burdens the competitiveness of US exporters.
• John Connally's paradox ("The dollar is our currency, but your problem"): While a strong dollar is a sign of global confidence in the short term, it creates tensions, especially for countries with high dollar debts. (Argentina, Brazil, Chile, Turkey, India, etc.)

Earnings next week 🚀

Semiconductor shares since their 52-week highs

-61% Intel $INTC (-2,63%)

-54% Aixtron $AIXA (+2,39%)

-45% STMicroelectronics $STMPA (+6,09%)

-44% Micron Technology $MU (-2,34%)

-37% Globalfoundries $GFS (-1,39%)

-36% BE Semiconductor $OXVE

-33% Lam Research $LRCX

-29% AMD $AMD (+3,55%)

-29% Qualcomm $QCOM (+1,48%)

-28% ON Semiconductor $ON (-0,61%)

-27% ASML $ASML (+1,23%)

-26% Applied Materials $AMAT (+3,67%)

-26% Elmos Semiconductor $ELG (-0,74%)

-24% Microchip Techn. $MCHP (-2,22%)

-23% ARM $ARM (+1,78%)

-23% Synopsys $SNPS (+2,05%)

-23% Infineon $IFX (+2,39%)

-22% NXP Semiconductors $NXPI (+0,51%)

-20% Cadence Design $CDNS (+0,71%)

-17% Nvidia $NVDA (+1,46%)

-17% VanEck Semicon. ETF $IE00BMC38736 (+0,31%)

-17% Nordic Semi $NRS

-17% KLA Corporation $KLAC (+0,7%)

-13% Marvell Technology $MRVL (-1,05%)

-12% TSMC $2330

-11% Broadcom $AVGO (+3,91%)

-7% Texas Instruments $TXN (-7,2%)

-6% Monolithic Power Syst. $MPWR (+6,75%)

>> Which stocks are you invested in and how are they performing? Which of these stocks do you have on your watchlist? #semiconductor
#halbleiter