the fifth straight losing week for Nasdaq has been a brutal reality check, a growth company burns cash is a liability

With Brent crude sitting at $115 and the Strait of Hormuz situation killing the rate cut hopium we had, the market is punishing Mag 7, even some boring one like gold or silver. in a high-rate, high-volatility environment right now with the oil spike, I prefer a company that uses its balance sheet to defend its own stock price. Take a look at WRD did on HKEX, Q4 earnings with 123% YoY revenue growth is wild, they also just decided to nuke nearly 1% of their Class A float in a single day buyback ($24M), this is part of $100m program they just authorized. When a company is growing revenue by 90% annually and management is stepping in to buy back, they are setting a valuation floor. Most speculative tech are too busy diluting shareholders to survive, this one is different.