$VINYLGROUP FPO(VNL.AU)$ 🎵💰🔍 The Vinyl Revolution: Uncovering the Beat of Financial Growth 🎶💸📈 Vinyl Group (ASX:VNL): Spinning the ASX with its Melodic Potential Vinyl Group (ASX: VNL) isn't just grooving to the beat; it's orchestrating a symphony of success in the music technology and media spheres. This isn't your typical stock; it's a curated portfolio of interconnected brands, harmonizing to empower every player in the music ecosystem. 🎶 The Vinyl Groove: Riding the Waves of Music Tech Evolution 🎧 From Jaxsta, the mammoth music database, to Vinyl.com's treasure trove of over 50,000 record titles, Vampr's networking prowess, and The Brag Media's editorial finesse, Vinyl Group's lineup is like a supergroup of industry titans. With a coll
Intro. I have approached this subject in a post, dated 06 May 2024 (click here!to read about it). Much have happened since then. As much as $Tesla Motors(TSLA)$’s fans do not like to hear it, things seemed to have taken a turn for worse. Suffice to say, most corporates in the US subscribed to the “hire & fire” policy. This is where a company scales up quickly on the run up to a boom and downsize immediately at the slightest turn of event. In the case of Tesla faced with falling demand, what has begun as price slashing to drive up demand, has given way to staff layoff (at a gathering pace) in a bid t
📜 A Tribute to a Legend — James Simons, the Math Master and Investment Titan
Simons Foundation Co-Founder, Mathematician and Investor Jim Simons Dies at 86Jim SimonsIn a world of constant change, there are individuals who have not only left a profound mark on academia but have also revolutionized the financial industry. James Simons, the legendary mathematician and investor, stands as one of the most respected figures of our time for his exceptional intellect and unparalleled investment acumen. His passing is a significant loss to both the mathematical and investment communities.Brief Profile: Born in Boston, USA, in 1938, James Simons graduated from the Massachusetts Institute of Technology's math department and earned his Ph.D. from the University of California, Berkeley. A key figure in geometry, his work has had a profound impact across various scientific field
Zeekr Shares Jump 35% in US Debut Despite Upcoming Elevated Tariffs on Chinese EVs
TMTPost -- Shares of Zhejiang Zeekr Intelligent Technology Co., Ltd., a Chinese electric vehicle (EV) startup under Volvo’s owner Zhejiang Geely Holding Group, jumped around 34.6% to US$28.26 on Friday, a shockingly robust debut in U.S. market despite reported upcoming elevated tariffs on Chinese EVs. Credit:Zeekr Zeekr sold 21 million American depositary shares (ADSs) at $21.00 piece, 3.5 million shares more than its planned offering size. With an offer price at the top of a marketed range of $18.00 to $21.00, Zeekr raised $441 million, creating the biggest U.S. initial public offering (IPO) by a China-based company since Didi Global Inc.’s listing in June 2021. Base on the close of Friday, Zeekr commanded a market value of nearly $6.9 billion, still 47% lower than its post-money valuati
U. S. Adds 37 China Entities to Trade Blacklist Over Security Concerns
AsianFin--The U.S. government on Thursday added 37 Chinese entities to its trade blacklist, citing national security concerns, with 11 of them accused of being connected with a suspected spy balloon that flew over sensitive areas of the United States last year. Entities listed, including companies, research institutions, and others, face restrictions on engaging in business with U.S. firms. Prior approval from the U.S. Commerce Department is required for U.S. entities to acquire goods and technologies from these Chinese entities. Out of the 37 listed, 22 are included due to their involvement in China's quantum technology advancements and their attempts to procure U.S.-origin items to enhance the country's quantum capabilities, according to BIS. Additionally, some entities are linked to dev
Summary of Last Session The Dow Jones Industrial Average enjoyed its best week of the year, signaling optimism among investors despite looming concerns over inflation. The index is on the brink of reaching the 40,000 milestone, fueled by an eight-consecutive session gain. DJIA DJIA: +0.32% to 39,512.84 ; $S&P 500(.SPX)$ : +0.16% to 5,222.68; $NASDAQ(.IXIC)$ : -0.03% to 16,340.87 $Apple(AAPL)$$NVIDIA Corp(NVDA)$ Key Events of the Week - Consumer sentiment in the US declined to a six-month low, raising concerns over short-term inflation expectations. - Stock indexes rebou
Elon Musk: Miracle Maker or Pie-in-the-Sky Peddler?
Elon Musk. The name evokes images of rockets piercing the stratosphere, electric cars disrupting a century-old industry, and tunnels boring beneath Los Angeles like an over-caffeinated mole. But for investors, the question remains: is Musk a visionary leading us to a Martian utopia, or a charismatic showman peddling dreams that fizzle faster than a Tesla battery in the Arctic? Disrupting the Status Quo Let's delve into the man behind the hype. Musk undeniably possesses an uncanny knack for disrupting established markets. SpaceX rockets are reusable, a feat that traditional aerospace companies scoffed at for decades. Tesla's dominance in the electric vehicle market is undeniable, even if their self-driving antics sometimes resemble a bumper car rally gone rogue. There's also Neuralink, fidd
Outlook of S&P500 (13May24) - over 20 indicators used. will the rally continue?
Market Outlook of S&P500 - 13May24 1D chart for S&P500 dated 11 May 2024 (SGT) Observations: The MACD indicator is on an uptrend. Chaikin Money Flow (CMF) has crossed the zero line in the middle which implies an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and bearish for the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines have converged and started an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. Using a daily interval chart, Investing is recommending a “Strong Buy
Earnings of the week 13May24 - is it time to let Grab go?
Earnings Calendar (13 May 2024) r/EarningsWhisper - The Most Anticipated Earnings Releases for the Week of May 13, 2024 In the coming week, there are a few earnings of personal interest: Alibaba, Sea Limited, Grab, Cisco, Walmart, JD and Baidu. Let us look at Grab in detail. Observations: Revenue grew from -$845M in 2019 to $2,359M in 2023. Gross profit grew from a loss of $2,165M in 2019 to $860M in 2023. The earnings per share (EPS) is improving over the last 5 years even though it has yet to break even. Investing has a “Strong Buy” rating for the stock. The price has risen 9.03% from a year ago. Grab stock has been on an uptrend in recent months. For the coming earnings, the forecast of the EPS and Revenue are -0.009 and $638.16M respectively. For Grab to generate any in
Economic Calendar for the week of 13May24 - CPI should cause some volatility
Public Holidays There are no holidays in Singapore, China and America for the coming week. On 15 May 2024, Hong Kong will be closed to celebrate the birthday of the Buddha. Economic Calendar (13 May 2024) Notable Highlights CPI will be the most watched economic data in the coming week. This is expected to bring some volatility to the market. If the inflation comes down, the market can be more hopeful for a nearing rate cut. This can be read as bullish for the market. PPI is a leading reference for inflation. PPI shows the inflation hitting the producers. Any inflation received by the producers would be passed on to the consumers eventually. If this turns out to be higher, it is likely the subsequent CPI can increase as the costs are passed onto the consumers. Fed Chair Powell
News and my thoughts from the last week (13May24) - BTC, CRE, Nvidia
News and my thoughts from the last week (13May24) The filing states that Wells Fargo maintains positions in both Grayscale’s Spot and Futures ETFs. Moreover, it reveals its shares of Bitcoin Depot Inc., which is the largest Bitcoin ATM provider on the market. - Watcher Guru U.S. Treasury yields were higher on Friday as traders digested downbeat consumer sentiment data, which indicated a significant uptick in inflation expectations. - CNBC Tesla’s April 2024 sales have halved from March to 31,421 units. Is this a demand issue? APPLE TO USE OWN CHIPS IN CLOUD TO POWER AI FEATURES IN 2024. Are the players moving away from their dependence on Nvidia? Image Estimate: as of September 30, 2023, the banking system in aggregate had accumulated over $1.5 trillion in unrealized market-to-market
My Investing Muse (13May24) - layoffs, debts and investing
My Investing Muse (13May24) Layoffs & Closure news Peloton is laying off 400 workers, 15% of its global staff. The cuts are designed to save the company more than $200 million in annual expenses. Peloton also said CEO Barry McCarthy is leaving his post. - Nerd Wallet We are bringing together our business, finance and economics coverage. Some are geographic: We are shifting our center of gravity in the region from Hong Kong to Singapore, as many of the companies we cover have done. - WSJ Bay Area tech layoffs: Google and Rivian cut more jobs - SF Chronicle News of layoff continued in the past week. Google's CEO has advised that there would be more in the coming week. How would this affect the economy? Jobs and unemployment data do not tell the full story. Where can we find the data o
$Tesla Motors(TSLA)$BP is in talks to buy Tesla charging network in U.S. BP has already put EV chargers in most BP stations in UK. Idea is to sell petrol and electricity. Brilliant! BP Pulse stations across US. Good bye range anxiety! Tesla is streamlining operations. Autonomy and AI/Robitics will be next wave.
$Tesla Motors(TSLA)$Did you notice the off-road vehicle used on his propaganda had RC on it Release Candidate? The Top Gear off-road video of the Cybertruck one week prior emphasizes his lies.What about the fact that isopropyl alcohol is all that's needed to wipe off industrial iron pollution, rust, off the Cybertruck. Since the rust isn't from the steel but rather industrial pollution it isn't penetrating the steel.The liberals are in desperation mode against Tesla. FSD v12.4 will be first hands free version, Robotaxi is about to be unveiled, Tesla energy is growing as fast as Elon predicted, model 3 redesign is selling, Cybertruck orders even at higher price and delivery in 2026 are growing faster than Rivian, while co
$Tesla Motors(TSLA)$ While execs and lead engineers are resigning all around him, Musk and the company’s board are instead focused on reinstating his pay plan now worth $45 billion—the largest-ever pay plan for a CEO—after a judge rescinded it earlier this year.
$Microsoft(MSFT)$Own both for 10+ + years so my profits are both exceptional.Apple seems to be trudging along with incredible FCF that it is reinvesting in monumental buybacks and growing renewables at around 25% yearly but struggling to add growth in revenue although it is almost twice the size of Microsoft.. Microsoft is more diversified. Cloud is still a terrific growth driver at 30% and is close to becoming a 100 billion division with what appears to be great margins. There are around 400 million user licenses utilized by companies and Copilot is going for $30 monthly. If customers are receptive it could be worth tens of billions. Finally Microsoft continues to make accretive acquisitions the latest Activision for 69
$NVIDIA Corp(NVDA)$ TSMC has a strong March and April revenue, mainly driven by AI chips. Crunch the numbers and you will be able to predict the revenue for NVIDIA for FY25 Q1 (FEB - APR). It will be a very strong revenue and GP margin, exceeding management guidance.
$Tiger Brokers(TIGR)$ $Rolls Royce Holdings plc(RYCEY)$ [Cool] Robert Kiyosaki taught many readers to have knowledge of investing, school did not teach us when we were once a young child. When we entered working society, salary to pay ourselves first. Invest to good product. Let it grow and reinvest. Based on RK book, I read over and over again, to remind myself. So my salary from first salary, 30% parent, 20% savings, 20% expenses, the rest for investing. Bonuses meant for 💰 💰 💰 subsequently, bought a property and flipped. My POV, not forgetting to donate to charity to help.
$Bank of America(BAC)$ $Citigroup(C)$ $JPMorgan Chase(JPM)$ $Wells Fargo(WFC)$ All the four Banks experienced a welcome upswing, closing the day significantly higher than their opening prices. This positive shift comes after a period of some volatility, making it a particularly encouraging sign for investors. Bank of America share price broke an intermediary swing high and formed a bullish engulfing candle in last trading session. This is a sign of strength. Similarly, Citigroup share p