KC1028

26Following
8Followers
0Badges
23Likes & Favorites

Alphabet at +6.6% — Cloud finally putting up the numbers, Search resilient, ad rebound real. This is the "boring reliable Mag7 name finally re-rates" moment I've been calling for two quarters. Honestly, GOOGL is now the lowest-drama Mag7 holding for a SGD-based investor on a 3-year view.

Discuss why $Circle(CRCL.US) is one of the most beneficial targets in this round of stablecoin regulatory tailwinds.

Not a big fan of chasing trends, but there are indeed a few things worth seriously discussing about Circle recently.

1️⃣, The regulatory wind has changed. After the passage of the US GENIUS Act (stablecoin regulatory framework bill), demand for regulated stablecoins with high transparency and compliance requirements has surged significantly, and USDC is the most direct beneficiary. Visa, Mastercard, and BlackRock are already using USDC for settlement; this is no small matter.

2️⃣, USDC's circulation reached $753 billion by the end of 2025, a year-on-year increase of 72%. More crucially, Q4 on-chain transaction volume reached approximately $12 trillion, a year-on-year increase of 247%.

3️⃣, Circle also received conditional approval to establish a trust bank called First National Digital Currency Bank. If ultimately approved, the company's control over reserves will be stronger, while also opening up entirely new banking business opportunities.

Of course, risks must also be clarified: the revenue structure is relatively singular, and reserve interest income is under pressure amid expectations of Fed rate cuts; additionally, the dilution from a large number of options and RSUs post-IPO is also a problem.

Overall, the current valuation is not cheap, but if you believe stablecoins are part of the future global payment infrastructure, CRCL is one of the very few ways to directly trade this theme on US stocks, with strong scarcity.

Currently, the average target price from 20 analysts is $123.5, with the current price at $115. Upside potential is not huge, but the narrative logic remains intact.

Recently, $Oracle(ORCL.US)has been quite interesting, with market sentiment clearly swinging. On one hand, AI orders continue to increase, with enterprise customer demand being quite strong. According to media reports, Oracle’s backlog of AI-related orders and contract scale are expanding, indicating high visibility for future revenue. On the other hand, the market is starting to worry again about its heavy spending on AI infrastructure. It’s said that the scale of data center investment over the next few years is huge, and it will need to raise tens of billions of dollars.

My own view is: this is typical valuation volatility for a ‘growth infrastructure stock’. Short-term cash flow pressure is high, but long-term, if AI computing demand truly persists, the OCI cloud business will gradually release profits. Moreover, the financial report is due on March 10th, and at this current price level, it feels like a lot of capital is waiting for the earnings to provide direction. Either the story gets disproven, or a new round of the AI narrative begins. I’m currently holding a small position, waiting for the earnings report to see the growth in cloud and AI orders. If OCI continues its high-speed growth, then this stock’s story isn’t over yet.

A! Holding strong!

Disney’s move could be a hedge against rising production costs. Smart use of IP!

$NVIDIA(NVDA.US)honestly, the usage of AI will only increase, and it’s everywhere in our daily lives