Reddit Soars 24%! Are You Ready for Meme Stock Comeback?
The meme stock forum $Reddit(RDDT)$ soars 24% after it posts first profit.Revenue: $348.4 million, beating analyst expectations of $312.8 million. (beat 11.38%)Net profit: $29.9 million vs. a loss of $13.8 million. (beat 316%)Guidance: Q4 revenue between $385 million and $400 million, higher than analyst estimates of $356.2 million. (beat 10.19%)Alongside Reddit's earnings beat, $GameStop(GME)$ also rose 4% after hours yesterday, likely related to Roaring Kitty's exit from $Chewy, Inc.(CHWY)$ . According to an SEC filing, Kitty has fully liquidated the Chewy position, leading to a nearly 2% drop in Chewy shares in after-hours trading.Tiger
Weekly Wealth Trends: Ways to capture this week's key trading opportunities?
Hello, Tiger Friends!This week might be the most thrilling of the latter half of the year. The U.S. presidential election has reached a critical juncture, coupled with earnings reports from the five major tech giants and the VIX soaring above 20, suggesting significant market volatility. How can we enhance our trading success rate this week?Ⅰ.Trading opportunities and risksA. Trading OpportunitiesTech Stocks $Advanced Micro Devices(AMD)$ and $Alphabet(GOOG)$ AMD released its earnings on Tuesday, projecting Q4 revenue around $7.5 billion, falling short of analysts' average estimate of $7.55 billion, marking a 22% year-over-year decline. Although AMD anticipates gains from the AI sector, its Q4 forecast rem
Sheng Siong - A Resilient Singapore Stock To Buy and Hold
🌟🌟🌟Sheng Siong $Sheng Siong(OV8.SI)$ has just released an Excellent Q3 24 report on October 28 with earnings of SGD 39.1 million for the quarter. This is an improvement of 12.4% year over year. Earnings per share was 2.6 cents, up from 2.3 cents compared to previous year quarter. Sheng Siong's revenue increased by 5% year over year to SGD 363.2 million. This is due to an increase in total stores from 74 to 79. On top of that Sheng Siong said that comparable same store sales rose by 1.5% year over year. Sheng Siong's Gross Profit for Q3 24 has risen by 8.4% year over year to SGD 113.8 million. Gross Profit margin saw an increase of 1 percentage point to 31.3%.
I. Performance and Valuation of Global Equity Indices Data source: Bloomberg, 2024/10/21-2024/10/27, compiled by Tiger Brokers II. Key Market Themes i. Countdown to the U.S. Election: Markets Betting on a Trump Rally, Caution Needed During Macro Super Week! The highly anticipated U.S. 2024 election is entering its final countdown, with both the Republican and Democratic parties actively campaigning to make a last push. Interestingly, there is a wide disparity in polling data across different media platforms. For instance, CNN's recent poll shows support for both sides nearly tied, while The Economist’s model predicts a 54% chance of Trump returning to the White House. Additionally, external betting site Polymarket indicates a 66% probability for a Trump win. Recently, capital markets
I closed $JDC.HK 20241030 152.50 CALL$ ,Decided to roll this call to a higher price for next month as I expect JD.com to benefit from more Chinese stimulus in the coming month
I closed $LNK.HK 20241030 37.00 PUT$ ,Closed the sell put option to avoid assignment. Slight premium earn but would prefer to keep the cash should market turn lower.
$Gold - Dec 2024(GC2412)$ Gold's All Time Highs after All Time Highs Gold Futures today exhibit a strong bullish sentiment, with prices pushing past the critical 2800 level. This breakout marks a significant move, suggesting increased investor demand and a potential shift in market sentiment towards safe-haven assets. The uptick in volume also underscores confidence among buyers, signaling that this rally may have room to grow if supported by broader economic factors. Today’s rally has likely attracted both short-term and long-term traders, as breaking a major resistance point often leads to renewed interest. However, some volatility can be expected around this new high, as profit-taking could lead to min
$MSCI Inc(MSCI)$ Bullish 🚀🚀🚀 Operating revenues of $724.7 million, up 15.9%; Organic operating revenue growth of 11.1% Recurring subscription revenues up 15.4%; Asset-based fees up 19.5% Operating margin of 55.4%; Adjusted EBITDA margin of 62.2% Diluted EPS of $3.57, up 9.2%; Adjusted EPS of $3.86, up 11.9% Organic recurring subscription Run Rate growth of 8.0%; Retention Rate of 94.2% In third quarter 2024, a total of $198.7 million or 380,397 shares were repurchased at an average repurchase price of $522.47 Approximately $125.4 million in dividends were paid to shareholders in third quarter 2024; Cash dividend of $1.60 per share declared by MSCI Board of Directors (“MSCI Board”) for fourth quarter 2024 On October 28, 2024, the MSCI Board a
The final chapter of the annual drama American election will come soon. As a hot spot that was regarded as more important than the Fed's interest rate cut at the beginning of the year, how will the election results affect the short-term, medium-and long-term development of the market?In terms of short-term fluctuations, we believe that the main difference between Harris and Trump will be the option of controlling the market. Although the risky assets represented by U.S. stocks have maintained a slow bull pattern recently, the continued weakness of oil prices still indicates that the market is currently expensive.If Trump takes office, it is very likely that he will start smashing the market after officially entering the White House. Or on the day of the general election, it is expected tha
Trump Media & Technology Group’s (DJT) stock has recently seen extreme volatility, with swings amplified by speculation tied to the upcoming 2024 U.S. presidential election. As Donald Trump is a prominent stakeholder, the stock’s performance is heavily influenced by election-related news, reflecting its unique political exposure. Recently, DJT’s price has spiked nearly 15% in one session due to heightened investor interest, reaching a level not seen since earlier in the year. This surge is largely fueled by shifting market sentiment around Trump’s electoral chances, as well as ongoing developments for Truth Social, the company’s social media platform. With election dynamics driving unpredictable price movements, DJT’s volatility has exceeded 300% at times, making it one of the most spe
I opened $GE 20241115 160.0 PUT$ ,No matter who wins, US needs engines and defence. Short term impact from plane delays should work itself out over time
Biotechnology ETFs: Capturing Growth and Defensive Opportunities Amid Economic Uncertainty
Biotechnology ETFs have gained significant attention from investors in 2024 due to faster drug approvals, increased merger activity, and breakthroughs in AI applications for drug discovery. This sector showcases strong growth potential and defensive characteristics during economic turbulence. This article explores the investment opportunities, advantages, and risks associated with biotechnology ETFs.Why Choose Biotechnology ETFs?The rapid advancement in biotechnology is fueled by innovative technologies and rising global healthcare demand. Recent developments in gene editing, cell therapy, and cancer immunotherapy offer new treatment options for patients. Investing in biotechnology ETFs allows investors to diversify their portfolios by gaining exposure to multiple companies, benefiting fro
Apple (AAPL) Q3 Global Smartphone Shipment To Translate To Better Revenue
$Apple(AAPL)$ is scheduled to report its fiscal Q4 2024 quarterly result on 31 Oct (Thursday) after market close. Market is expecting Apple to report a rise in its quarterly revenue. Apple is expected to report a 5.7% increase in revenue to $94.56 billion from $89.5 billion a year ago. Apple have given a guidance on 01 Aug 2024 for the period ending 30 September for revenue to be at $93.973 billion. The mean estimate for Apple earnings per share stands at $1.60. Apple Market Share In Global Smartphone Increase In Q3 2024 vs Q3 2023 Smartphone shipments grew by 5 percent year-on-year in Q3 2024, marking the fourth consecutive quarter of growth, according to the latest Canalys research. This surge is driven by resilient demand in emerging markets an
Hello everyone! Today i want to share some trading ideas with you!1. $Tesla Motors(TSLA)$ ELON MUSK JUST DROPPED A TON OF NEW INFORMATION 👇• ANNOUNCES PLANS TO LAUNCH STARSHIPS TO MARS WITHIN TWO YEARS • PREDICTS AT LEAST TSLA 10 BILLION HUMANOID ROBOTS PRICED BETWEEN $20K AND $25K BY 2040. • HE EXPECTS TSLA ‘UNSUPERVISED SELF-DRIVING’ IN THE U.S. NEXT YEAR • ENVISIONS SOLAR AS THE PRIMARY ENERGY SOURCE LONG-TERM. • MUSK ALSO PLANS TO DOUBLE HIS AI STARTUP, XAI.2. $Alphabet(GOOGL)$ Cloud just reported a Rule-of-40 score of 52... let that sink in.Cloud compute is absolutely on fire right now -- providing a great read-through for $Amazon.com(AMZN)$ &
🟩 🌟 Dive into the Singapore Market Shocker with Iggy! From Trump concerns to big investment moves, this video is packed with insights and economic strategies you won't want to miss. Join Iggy as we shed light on how global anxieties ripple through the Singapore Market, impacting key players like Hong Kong Land and the ever-evolving REIT landscape. Discover the surprising shifts in the grocery scene with Shang Sham's profit surge and explore how Singapore Exchange's new Hong Kong depository receipts offer a fresh take on investing in top Chinese companies like Alibaba and Tencent. Whether you're looking to refine your investment decisions or simply stay informed, this video offers practical applications for investors and everyday citizens. Remember, investing is a long-term game. Be patient
$GOOG (+4.1% AH) beat on the top and bottom lines, fueled by GOOG Cloud +35% YoY (vs +28% exp). Total revs were +16% YoY vs +14% exp. GOOG Advertising was up +10.4% (vs +9.8% exp), throwing cold water on bears’ argument that AI solutions were taking share from GOOG search. YouTube revs were +11% in line with consensus. Adj EPS $2.12 vs $1.84 exp. At 22x FY’EPS with 15% rev growth, GOOG still looks cheap.
$Exxon Mobil(XOM)$ $Occidental(OXY)$ [Miser] Will oil prices rebound due to these geopolitical strains, or are we heading towards new lows? In my opinion, the mounting tensions are likely to cause oil prices to rebound rather than hit new lows. As of October 2023, relations between Iran and Israel have deteriorated significantly. Incidents ranging from cyber-attacks to skirmishes involving proxy groups have heightened fears of a broader conflict in the Middle East. Given that this region is a crucial hub for global oil production and transportation, any instability here tends to have immediate repercussions on oil markets. Historical Impact of Middle East Tensions on Oil Prices Historically
Bitcoin (BTC) has been making headlines again, soaring past the $71,000 mark in a spirited run that's got the crypto crowd buzzing. Investors seem eager, with enthusiasm fueled by spot ETF approvals and excitement building around the upcoming 2025 halving. If BTC breaks through that ceiling, we could be eyeing a move toward $74,000, maybe even higher! But remember, Bitcoin's got its own rhythm, often throwing in a few surprising twists. It might just twirl back to the $69,988 support line for a quick breather before deciding its next step. In true Bitcoin style, the rollercoaster is far from over—keep your seatbelt fastened and your eyes on the charts.
$Advanced Micro Devices(AMD)$ Earnings beat but still not enough. Expectations for this stock is so high and AMD needs to justify its high valuation by showing its insane growth and ability to capture market share. The Market clearly dislike this stock and AMD is not a market darling as compared to $NVIDIA Corp(NVDA)$ The post earnings sell-off seems justifiable but definitely an over-reaction. Q4 guidance forecasted to be at $7.5 billion as compared to $7.55 billion expected in revenue. There are much better opportunities out there and NVIDIA will be a better buy than AMD when its valuation is compared. However, AMD still stands a chance but I do not se
Options Market Statistics: Trump Media Shares Halted Several Times Tuesday, Heading for Its Best Month Since 2021 Shares of $Trump Media & Technology(DJT)$ , the operator of the Truth Social site, had a volatile day on Tuesday, halted several times and ending the day up 8.8%. It jumped 22% on Monday. The stock is up 220.5% this month, on pace for its best month since October 2021, when shares rose 580.9%, according to Dow Jones Market Data. $Alphabet(GOOGL)$ reported third-quarter earnings and revenue that beat Wall Street estimates. The Google parent posted earnings of $2.12 a share for the period ending Sept. 30. That wa