By coinnews 
00:00 Speaker A
It’s now time for some of today’s trending tickers. We are watching CATL, Tesla, and D-Wave. First up, CATL. CATL is soaring. It’s Hong Kong trading debut. It’s an EV battery maker that raising $4.6 billion in their IPO making it the world’s biggest listing so far this year. The CATL supplies batteries to several automakers including Tesla, Volkswagen, Ford, and Mercedes-Benz. Taking a look at huge gains off of this news of the potential IPO here. And Chris, it’s really interesting when you think about a name like this. We’re talking about how investors should be viewing international opportunities. Is a name like CATL one that you would look at?
00:42 Chris
Um, I would say conceptually it would be, right? It’s an interesting derivative play on the EV market. Um, you know, they sell predominantly in China. So I have some concerns about that just from an accounting perspective. But you know, if you’re looking for a company that gives you broad-based exposure to the overall EV market, as I like to say buy the bullets, not the guns, this is a nice way to do it.
01:12 Speaker A
And would you be comfortable looking in some of those Asian markets in particular where we don’t have as much sort of transparency?
01:23 Chris
I would say that I would, well, I’m not going to say, I’ll tell you what I would do, I would stick to ADRs because of the accounting that we get and the the timely financial reporting that we get.
01:42 Speaker A
Yeah, I think that’s important just for like investor hygiene to keep that in mind here. Let’s move on though to Tesla, Elon Musk saying he’s committed to being CEO for at least five years. He was speaking at the Cutter Economic Forum earlier today talking about sales declines, pulling back on political spending and his role moving forward for CEO saying he would spend on another campaign if he saw an opportunity, but he doesn’t see one at the current moment. The Tesla shares are up about eight tenths of a percent right now. Chris, how do you think about Tesla?
02:12 Chris
Um, I think it’s a story that has to be figured out once again. And I think we’re not this is not surprising over the last couple weeks, right? You know, if you go back to right after an aberration day was uh, you know, Musk running Tesla? No, he was busy heading up Doge and doing all sorts of other things. And I think folks were looking for him to come back. I think the question is, does he still have it? Is he still the Musk that we know or are we going to get something else? So I it’s for me, it’s a stock to watch.
02:58 Speaker A
Yeah, stock to watch. A stock that is down at the current moment, 9% year to date. But finally here, let’s look at D-Wave releasing its latest quantum computing system known as Advantage 2. It’s the sixth generation of the system and is currently available through the company’s cloud service. Plans to release physical machines from the company over the next couple of years though shares up 26%. I feel like every time I’m talking about D-Wave, it’s either a massive move to the upside or the downside.
03:28 Chris
Uh to me, the comment that you made of over the next few years. To me this this is very much a story stock. You know, folks, I can understand want some angle in the next disruptive thing, the next new new thing. And quantum compute quantum computing could be it, but when you’ve got Google and Microsoft coming out saying whoa, whoa, whoa, this is years away. Um I would rather wait for the tipping point when we actually see the market emerge rather than, you know, roll the dice and have some hopium in place.
04:10 Speaker A
Well, do you think that D-Wave benefits from a little bit of investor FOMO, the investors out there thinking, well, I missed the beginning of the AI wave and I don’t want to miss it for quantum?
04:24 Chris
I think there is some of that because folks don’t want to be left out. They’re always looking, you know, again for that new new thing. The question is, you know, steak, sizzle. What do we have here?
04:41 Speaker A
Right, right. Exactly. Exactly. That is, of course, the million dollar question when it comes to investing. Chris, thank you so much for your insights. For our audience, you can scan the QR code below to track the best and worst performing stocks with Yahoo Finances Trending Tickers page.