qfx

Nvidia, that lovable slob who thinks silicon dust is confetti, has now grown so enormous he could likely strangle the moon with his stock price. Microsoft, with its milky white beard and suspiciously friendly smile, is churning out AI tools like it’s selling sand to the Sahara. And who could forget Apple, that gleamy-eyed sapphire-zapped magician, cackling behind its iPhone curtains, nudging its share price toward impossible heights. Meanwhile, Alphabet and Amazon are jostling like ogres in a teacup factory, all squabbles and sticky fingers.

Cue the soot-smeared stock-sorcerer Johnson Wan of Jefferies, who arrived Monday morning with a “buy” recommendation so shiny it blinded investors. He clapped a price target of $32.80 on Pony’s shares, a golden apple dangling from a stalk that looked suspiciously like wishful thinking-especially when the stock’s recent close read $22.19, a number far tamer than a startled goat.

So here, in solemn offering, are two chosen idols: a pair of companies raised high on the altar of artificial intelligence. Their graphs climb like prayers. Their promises are endless. Their impact on the lives of those who flip burgers, answer calls, or patch firewalls? Less clear.

Within the quarter’s closing act, the fund’s position in JNJ-once a modest whisper-became a resonant crescendo, amplified by 40,238 shares. The transaction, a ballet of averages and closes, yielded an estimated $6.89 million. The fund’s total holdings, a mosaic of 103,832 shares, now constitute 1.07% of its 13F-reportable assets under management, a figure as calculated as a chess master’s move.

The show began, as many modern financial farces do, not in a boardroom, but on a social media platform of questionable architecture. Over the weekend, former President Trump, that grand illusionist of American commerce, waved his rhetorical wand on Truth Social and declared: “Don’t worry about China, it will all be fine!” A sentiment as soothing as warm milk, though historically about as reliable.

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