AlanBright

    • AlanBrightAlanBright
      ·05-17 23:42

      Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming

      $TENCENT(00700)$ Tencent said in its earnings release: revenue for its China gaming business in the first quarter fell 2% year-on-year, an improvement on the 3% fall seen in the fourth quarter. Gross profit for the ad business grew 66% year-on-year to 14.5 billion yuan. Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability at its advertising and business services division.This should be green today!
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      Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
    • AlanBrightAlanBright
      ·05-01
      $SoundHound AI Inc(SOUN)$ what do we know about sound.. 10+ buyout conversations and potentially offers, nvidia $NVIDIA Corp(NVDA)$ through a little money at them, they have patents a plenty ensuring future roads go through sound, earnings in a couple days, touched ten bucks a month ago. this company is holding secrets with a major ev car company and a major restaurant brand.. both names unknown. earnings will bring light not for the money, but for the news.
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    • AlanBrightAlanBright
      ·04-26
      The Habit is part of Yum Brands, The Habit is a client of SYNQ3 for voice AI, SYNQ3 was acquired by SoundHound $SoundHound AI Inc(SOUN)$ . SoundHound CEO discussed an unnamed Restaurant bigger than 10,000 locations that they are onboarding that is taking all hands on deck causing them to pause other clients temporarily and that they will be quiet as they can’t talk about what is going on yet. I believe they are onboarding Yum Brands as it is the only company that fits the description and has a direct tie to SoundHound.SoundHound is embedded on-chip of the Nvidia $NVIDIA Corp(NVDA)$ Drive Thor Chip, BYD $Boyd Gaming(BYD)$ will have this chip in its entire fleet. BY
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    • AlanBrightAlanBright
      ·04-25
      TCEHY $TENCENT(00700)$ to me it’s like a mutual fund.Looking to break out of the downtrend right now. They aren’t the cheapest,but they have a ton of built in long term optionality with the investments they’ve made over the years. BABA $Alibaba(BABA)$ is great on valuation PYPL $PayPal(PYPL)$ of China, and I’m long PYPL
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    • AlanBrightAlanBright
      ·04-25
      $MicroStrategy(MSTR)$ Anyone who thinks Bitcoin has zero value are ignoring reality. Mining a single Bitcoin cost an average of $52,000. If there was no belief in Bitcoin's value, such significant investments in mining would not occur. Also, the increasing hash rate, even as Bitcoin's market value declines, indicates miners' faith in Bitcoin's future value. In contrast, altcoins do not see an increase in hash rate when their value drops. Bitcoin and its proof of work network reign supreme as KING!I will keep buying MSTR, as I believe its value will continue to increase significantly over the years alongside Bitcoin. However, I do NOT do this with the idea of gaining more FIAT, but rather with the idea that I will gain the ability to buy more Bitco
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    • AlanBrightAlanBright
      ·04-18
      $ICZOOM Group Inc.(IZM)$ IZM It could be as long as somebody behind the scenes doesn't come along the way somehow and dump on retail, I was apart of the TRKA hype train last year and did toama CEO screwed retail hard even thought it had the PERFECT setup for a short squeeze, hope this time is different! China stock definitely RUN like HKD
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    • AlanBrightAlanBright
      ·04-16
      $SoundHound AI Inc(SOUN)$ Below $2 is possible. Most of the short contracts are ending by summer and their average target price is $1.50 so I suggest to wait for a while and then start buying with those who are currently shorting this stock. Once they close their contracts they will buy. It is a simple trade rule in the stock market 📈
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    • AlanBrightAlanBright
      ·04-12
      $Rent the Runway, Inc.(RENT)$ As mentioned, any stock that rises sharply on one trading day..... will undoubtedly fall the next day. The sharks devoured the losers who rush blindly to buy at any price - and now when the declines begin, let the sharks drink champagne because of the funds of all those who lost a lot of money. Oh, yeah, the champagne at the expense of the house - from the money of every trader who doesn't know when to enter a stock and when to exit in time.
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    • AlanBrightAlanBright
      ·04-10
      $Advanced Micro Devices(AMD)$ "I rate AMD a Sell and Avoid for a 12-month outlook."Whoa, that's a mistake. AMD is ramping in 2024 with MI300 followed by MI400 in 2025. AMD will take market share from NVDA. You're gonna miss some big gains for AMD in 2024 and 2025 will be even better.
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    • AlanBrightAlanBright
      ·04-09
      Personally, here, I would rather short AMD $Advanced Micro Devices(AMD)$ and sell downside puts to collect income. We are on backside of move IMHO. Sure selling calls can help limit loss, but direction of trend has flipped. Don't want to be long stock here. Maybe as it approaches the 200dma I would look.
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