Looks ready to skyrocket $Palantir Technologies Inc.(PLTR)$ is having an excellent week that only seems to be getting better. The big data analytics firm recently reported impressive Q4 2023 earnings, demonstrating new highs for both profit and sales. Q4 2023 earnings. Earnings per share: $0.08 adjusted vs. $0.08 expected by LSEG, (formerly known as Refinitiv) Revenue: $608.4 Million vs. $602.4 Million expected, a +20% YoY. Net income: $93.4 Million ($0.04 cents per share) vs $30.9 Million ($0.01 per share) YoY. Q1 2024 Outlook. Revenue: Between $612 Million & $616 Million vs $617 Million expected. Revenue (FY 2024): Between $2.65 Billion & $2.67 Billion vs $2.66 Billion expected. Of late, PLTR is trending for yet another positive reason.
Miners Cash In As Bitcoin Transaction Volume Skyrockets!
The volume of Bitcoin moved in the past week is the highest in 18 months, and miner revenue has grown to match it, according to The Block’s data. Bitcoin miners are racing to purchase equipment and searching for locations with low-cost electricity in order to run them, according to a report in Bloomberg. $CME Bitcoin - main 2403(BTCmain)$ finally broke above its former all-time high price this past week, breaching $69,000 before mildly retreating. The run-up in price has led transaction volume to skyrocket on the network, and miners are cashing in on the increased activity. Bitcoin 7-Day Moving Average Transaction Volume According to data from The Block, the seven-day moving average of transaction volume on the Bitcoin network has reached i
AAPL becoming interesting again; Good levels are approaching!
Price update (9 Mar 2024) Macro View - Uptrend from 2020 - Last breakout point was about 123 - Range of interest (previous tested) between 135 to 140 Zoomed in View - Neckline 180 was broken down from - 175 did not hold - Gapped down and now holding at 170 - Another neckline needs to hold at 170 - Weak support but will see some hold at 165 160 155 with 155 being a stronghold - Key region of interest is between 135 and 140 (previous strongholds) Bullish - Has to break back above 180 and stay above Bearish - Any rejection at 180 and 170 would mean 155 target My plays - My nibbling started at 175 - Next nibble is at 165 (sold puts) - And then 155 (will nibble shares or sold puts once seeing how 170 gets sustained) Good luck, all! AAPL Zoomed View - 9 Mar 2024 AAPL Daily - Macro Vi
AI theme The hottest theme in the market since early 2024 is AI without doubt. The rally is mainly led by the leader, Nvidia! The power of this surge exceeds far beyond my expectation. Well, the market is often crazy but this might be justifiable as the share price is showing the projection of a company forward earnings. For the past 3 months, the leaders in AI like Nvidia, AMD, SMCI, etc have been rallied for over 60-100%, giving their investors a big profit over this short period. AI AI AI Time for correction? As we can observe last Friday, most of these AI stocks opened high and closed low, forming a bearish shooting star or bearish engulfing pattern in most of the chart. This might signify the beginning of pullback or correction after these stocks are being overbought for s
The song that garnered the most marriage proposal videos online: Romeo, take me somewhere we can be aloneI'll be waiting, all there's left to do is runYou'll be the prince and I'll be the princessIt's a love story, baby, just say, "Yes"Glad that my family made it to the final show of the Asia leg on Saturday nite. She’s the first female artiste who achieved six sold out concert in Singapore, no mean feat with the local government’s support! 63,000 devoted fans over six concerts gathered per nite, with a total of about 360,000 Swifties all over asia congregated to celebrate in Singapore. Something every family, friends and fans present can attest to from her passion, dedication, success - live at the stadium 🎉
$SBS Transit(S61.SI)$ SBS Transit - She is trading at 2.59, yield is about 4.3 percent of which I think the yield is quite decent at least it is much higher than CPF OA and SA! Do take Note! Chart wise, I think she may go down to test 2.55 of which may provide us a opportunity to accumulate with the yield more than 4.3 percent. Pls dyodd. SBS Transit - FY results is out! FY revenue is up 0.8 percent to 1.53b. NET profit is up 1.5 percent to 69.1m. Proposed Final dividend of 5.58 cents. Yield is about 4.15 percent at 2.69. I think the results is not bad! XD 3rd May. Pay date 14th May. Interim dividend of 5.58 cents plus Final dividend of 5.58 cents Total dividend of 11.16 cents of which I think is quite decent for a dividend play count
$Venture(V03.SI)$ Update : VENTURE - She is still on a Nice Uptrend mode direction likely to rise up to conquer 14.42 and rises up towards 15.25 and above! Yearly dividend of 75 cents is sustainable and yield is more than 5.3 percent at 14.11 make it quite a nice yield level to consider! Pls dyodd. Venture - Looks like she may rise up to retest 14.42 again! A nice breakout smoothly would likely see her testing 15 to 15.23. Do take note! Venture Corporation - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m. Net cash position of 1056m, ze
2023 and 2024 are definitely not the year for EV investment and now fully replaced by AI related theme. What's the reasons behind and how long will the EVs stocks continue to pullback? Root Causes Behind Falling EV sales are leading Chinese car companies to resort to an oft-used tactic: price wars. Deliveries of electric cars in China have slowed at the start of this year compared with the final quarter of last year, with drops hitting brands like Nio, Li Auto, Xpeng, and BYD. China has the world's largest EV market; the sector is highly competitive given the number of brands that operate in the country. Some EV makers have turned to price wars to increase sales. BYD's aggressive discounts may have helped it unseat Tesla as the world's biggest seller of battery electric vehicles. But
IREIT FY23 Results: 7 Key Slides Decoded : What Investors Must Know! 🚨 | The Investing Iguana 🦖
📈 Dive into the financial jungle with Iggy, your trusty guide in "IREIT FY23 Results: 7 Key Slides Decoded: What Investors Must Know! 🚨" Shedding light on the complex world of IREIT Global's fiscal year 2023, this video is packed with insights that every investor, financial enthusiast, or curious mind must not miss. From gross revenue growth to the strategic financial manoeuvres keeping IREIT steadfast amidst economic tremors, we decode the vital data points and trends that matter. $IREIT Global SGD(UD1U.SI)$ Whether you're pondering investment decisions, steering through the maze of economic strategies, or simply intrigued by the dynamics of real estate investment trusts, join Iggy for a riveting exploration. Discover how acquisitions, divestm
Tiger Debit Card Earns You Tesla Fractional Shares | The Investing Iguana 🦖
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Oracle (ORCL) Cloud Strategy Might Do/Break To 3 Quarters Miss In A Row
$Oracle(ORCL)$ is expected to release earnings on 11 Mar 2024 after the market closes (AMC). Oracle is expected to show a rise in quarterly revenue for the period ending 19 Feb 2024. Revenue is expected to show a 7.3% increase to $13.306 billion from $12.4 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data. (Revenue Basis is on Non-GAAP Revenue). Earnings per share is expected to come in at $1.38. Oracle’s EPS guidance on 11 Dec 2023 for the period ended 29 Feb was between $1.35 and $1.39. After a disappointing first-half of the year, sentiments are mixed around Oracle’s third-quarter results. Oracle will struggle to meet third-quarter expectations as it deals with a tough macroeconomic environment along with
$Frasers Cpt Tr(J69U.SI)$ Frasers Cpt Tr - SHE IS TRADING at quite a nice Yield level of about 5.49 percent at 2.20. Estimating yearly dividend od 12.07 cents. NaV 2.311, Gearing is below 40 percent looks like a good pivot point to monitor and buy on further weakness! Pls dyodd. On 18th March FCT will be included on the STI components index , likely to see some buying activities when trading near the actual date! Immediate support is at 2.15. Next support is at 2.10 and 2.00. Do take note! Yesterday had my dinner at one of the FCT mall , nice! Lai ah, Jiak! Get more juicy dividend and continue to support their mall. Awesome! Private placement price of 2.18. Advance DPU of 4.25 cents, XD 1st February. FCT - She has managed to reclaim 2
*TA as of 7/3/24 Hi everyone, today I’ll be updating my TA on a fintech company: SoFi Technologies, Inc. (NASDAQ: SOFI) SOFI has been constrained by a long-term resistance trendline (purple) dating back to just after it IPO’ed in 2021. This line has held firm and prevented bulls from taking it higher in the shorter term. Notice how SOFI’s RSI continues to flash a near-term consolidation pattern with lower highs and higher lows. On Monday, the stock properly rejected the 9.03 level around the resistance trendline and pushed lower. On Tuesday, the company announced a convertible note offering which raised concerns about dilution. However, the offering should ultimately drive long-term value as the company would be able to retire debt and also raise new debt at lower interest rates. Today’s t
*TA as of 7/3/24 Hi everyone! I’ll be looking at another fintech company in this post: Affirm Holdings, Inc. (NASDAQ: AFRM) AFRM is trading in a series of higher highs and higher lows since May 2023. It was trading in an ascending channel (black) before breaking out and filling the 51.49 imbalance from March 2022. It is now trading in a consolidation pattern, namely a descending channel (red) and forming a series of lower highs and lows. Now, let’s take a closer look at the descending channel. The stock is currently basing at the 36.12 support where it formed an imbalance in December last year. It has formed a small bullish divergence here, which is indicative of a move higher in the short-term. From the looks of it, we could now be moving towards the 47.44 imbalance that we formed last mo
This Isn't a Bull Market - It's a 'Duck' Market. Here's Why. Major U.S. equity indexes seem to be moving in only one direction. The same cannot be said for their individual members. On the surface, U.S. stock indexes like the $S&P 500(.SPX)$ lately seem to move in only one direction: up. The same cannot be said for their individual member stocks. A team of strategists at $Charles Schwab (SCHW.US)$ highlighted this dichotomy between the relatively calm performance of the major equity indexes, and the more chaotic moves seen by their constituents, in a report published earlier this week. Their findings offer insight into what makes this bull market unique compared with bull runs of the past - and why so
In an earnings season replete with mentions of "AI" and "autonomous technology", the earnings release by Chinese e-commerce giant JD.com Inc ( $JD.com(JD)$ or $JD.com, Inc.(JDCMF)$) - which easily ranks in the Top 5 or Top 10 e-commerce companies worldwide - stood out in that there was virtually no mention of either, despite sustained efforts in AI, Big Data and robotics over several years, continual development of drones for delivery for the better part of a decade, and the release of a ChatGPT-like large language model for enterprises last year. The company was deemed to have beaten analysts' expectations by a handsome margin, leading to a near-immediate rally in after-hours session on the day of the ear
Wall Street traders led stocks lower on speculation; Nvidia posted its biggest drop in nine months. 🇺🇸 S&P 500: -0.65% 📉 🇺🇸 Nasdaq: -1.15% 📉 🇪🇺 Stoxx 600: 0.02% 📈 🇯🇵 Nikkei 225 Index: 0.23%📈 🇭🇰 Hang Seng: 0.79%📈 🇨🇳 CSI 300: 0.43%📈 • U.S. stocks ended the week with choppy losses, with the S&P 500 and Nasdaq both down -0.6% as Nvidia's gains failed to sustain and U.S. non-farm payrolls data showed higher-than-expected results. and -1.1%. • Hong Kong's Hang Seng Index and China's Shanghai and Shenzhen Index rose 0.4% and 0.8% respectively as US stocks climbed to record highs, while investors awaited the release of China's CPI data. • U.S. nonfarm payroll employment reached 270,000, compared with the February 2024 forecast of 200,000, demonstrating a resilient labor market. • China's C
Take some profit, not really well play today...make some mistake here and there...need to study my strategy well...should have earn more today if I'm not impulse