Public research reports

Erasca, Inc.

ERASNASDAQ

Underweight

Underweight ERAS by trimming to a 0.5%-0.75% speculative allocation before the August 6-10 catalyst window and rebuild only after fundamental clarification and confirmed trend repair.

Western Digital Corporation

WDCNASDAQ

Underweight

Underweight WDC by trimming 30%–40% before earnings, retain a reduced core, and rebuild only after fundamental confirmation and sustained technical repair.

Seagate Technology Holdings PLC

STXNASDAQ

Underweight

Underweight STX: reduce excess exposure now, trim further into $823–$844 rebounds, and retain only a 1%–2% core while cash generation remains intact.

Prelude Therapeutics, Inc.

PRLDNASDAQ

Underweight

Trim PRLD to a tightly capped speculative position before August 19 and do not add without both fundamental and technical confirmation.

Relmada Therapeutics Inc

RLMDNASDAQ

Underweight

Underweight RLMD by trimming to a small speculative allocation and wait for post-update fundamental and technical confirmation before adding.

Nebius Group N.V.

NBISNASDAQ

Underweight

Reduce NBIS to ~50% of current allocation before tomorrow's Q2 earnings; retain core exposure with a hard stop at $170 while awaiting technical repair and cessation of insider selling.

Mega Fortune Company Limited

MGRTNASDAQ

Underweight

Reduce MGRT to Underweight — sell 30–50% into current strength near $98 with a hard stop at $82; do not add until audited financials clarify prepaid assets and Q2 revenue recovers above $2.5M.

NVIDIA Corporation

NVDANASDAQ

Hold

Hold NVDA: maintain core position but do not add — wait for daily technical repair above $205 or post-earnings clarity before increasing exposure.

Apple Inc.

AAPLNASDAQ

Underweight

对AAPL执行分阶段减持，保留核心仓位但在财报验证前不新增风险。

Netflix, Inc.

NFLXNASDAQ

Underweight

Reduce NFLX to Underweight — trim 30-40% at market, retain 3-5% core, stop at $65.08, reassess after Q3 earnings.

Tesla, Inc.

TSLANASDAQ

Underweight

将TSLA持仓下调至低于基准权重1-2个百分点，在313美元附近分批减仓，保留核心仓位以应对极端超卖后的双向波动。

VanEck Semiconductor ETF

SMHNASDAQ

Underweight

将SMH持仓降至组合目标权重的75–85%，利用反弹至575–585美元区间执行减仓，以544美元为硬止损底线，等待日线MACD金叉与FCF/资本开支改善的双重确认后再重新评估。

Microsoft Corporation

MSFTNASDAQ

Underweight

Trim MSFT to Underweight: sell 25–33% into any bounce toward $397–$402; retain a core stake but do not add until FCF conversion stabilizes and the daily technical structure repairs.

Amazon.com, Inc.

AMZNNASDAQ

Underweight

Trim AMZN by one-third before July 28 to de-risk ahead of Fed/earnings binary events; hold core position for long-term AI and cloud upside, re-entering only on confirmed FCF improvement and technical repair above the 200-day SMA.

Walmart Inc.

WMTNASDAQ

Underweight

Underweight WMT: trim exposure into $114.00-$117.70 rallies and retain only a defensive core pending cash-flow and trend confirmation.

Intel Corporation

INTCNASDAQ

Underweight

Underweight INTC: trim promptly toward 50%–60% of normal benchmark weight and use a failed rebound near $101.70 for further reduction.

Micron Technology, Inc.

MUNASDAQ

Underweight

Reduce MU to Underweight with a 30–40% trim; retain ~60% core stake for the AI memory franchise but protect capital with a hard stop at $880.

Alphabet Inc.

GOOGNASDAQ

Underweight

维持减持（Underweight）评级，在$315-$325区间分批卖出25-30%仓位，剩余仓位以$285为止损线，等待AI资本开支回报的可量化证据出现后再考虑回补。