$Meta Platforms, Inc.(META)$  stock price took a plunge over 15% after its latest earnings release during the post-market trading despite an earnings beat, as its revenue forecast for the prevailing quarter has fallen short of market's expectations, dragging down fellow social media peers such as $Snap Inc(SNAP)$ which fell over 5% in the after-hours trading as well. Further worrying the market is Meta Platforms 's plan to aggressively increase its investments on artificial intelligence. Its peers with significant stake in AI have also fallen in sympathy. However, the investments to enhance its AI functions and features across its suite of social media platforms are nec

Stock prices of $Sea Ltd(SE)$  , $PDD Holdings Inc(PDD)$  and $JD.com(JD)$  rallied yesterday on the news over the weekend that the US House passed a bill that would Bytedance to divest of TikTok or the latter would face a ban in the US. TikTok has been increasingly perceived by Sea as a rising competitor with its ambition on e-commerce in Southeast Asia where Sea has held a dominant lead over its peers, until the arrival of TikTok Shop. Temu, which is owned by Pinduoduo, is also facing rising competition from TikTok in the US. Likewise, TikTok has taken a toll

eCommerce giant $Amazon.com(AMZN)$   will be releasing its first quarter 2024 earnings results on 25 April. Its stock Amazon has climbed over 16% year to date, buoyant by the improving business outlook of its cloud and eCommerce businesses. The company is also reaping the benefits from improving cost structure from a successful restructuring that I embarked from late last year to early this year. Amazon has also been a forerunner in incorporating artificial intelligence into its cloud service offerings to take advantage of prevailing growing AI demands. To contain the huge costs on AI chips and avoid over-reliance on supply from Nvidia, Amazon has also been proactive in developing and customising its o

A rebound may be in sight for the Chinese EV startup trio $NIO-SW(09866)$  , $XPENG-W(09868)$  and $LI AUTO-W(02015)$ , as well as the incumbent $BYD COMPANY(01211)$   and their latest but formidable peer $XIAOMI-W(01810)$  , as the Chinese EV industry set its eyes to dominate the global market. With the prevailing price war easing as it is deemed unsustainable even by the EV industry leader

Next week is a busy one, as $Microsoft(MSFT)$  , $Alphabet(GOOG)$  , $Meta Platforms, Inc.(META)$  and $Tesla Motors(TSLA)$ will be kicking off the quarter earnings releases by the big techs. Being growth stocks, their price movements are highly sensitive to interest rates and their stock prices have been inflated by expectations on rate cuts early this year. However, the expectations have since dimmed on the back of a sticky inflation that has threatened the economy with interes

Shares of $AMC Entertainment(AMC)$   had surged this week, despite no apparent good news, other than a dismissal of bankruptcy by its CEO last week to allay worries over the company's viability as a going concern. The rise of online streaming services and their growing popularity have weighed on AMC, whose profits in the fourth quarter of last year had been disappointing. With rising competition from the online streaming service providers, AMC has better quickly reinvent itself to stay competitive and remain relevant post pandemic, as the pandemic has changed forever the way many people would watch movies. Until a sound turnaround strategy is in place in its management, I believe that AMC's stock price has r

Investing in stocks of electric vehicle makers is akin to taking roller-coaster rides these days. Just look at their stock price charts. With a share price well lower than 10 cents, $Faraday Future Intelligent Electric Inc.(FFIE)$   is at risk of being delisted if it fails to maintain a minimum bid price requirement of $1 and has in fact received a warning by the Nasdaq to do so by 25 June. With a turnaround strategy to achieve profitability and defend shareholder values that seems to be empty talk for lack of a compelling plan, I'm highly doubtful that its stock price would recover exponentially within the next 2 months to comply with Nasdaq's listing rules. Hence, I believe that it will just be a matter o

$Netflix(NFLX)$   will be releasing its latest quarterly earnings results tonight after the US market closes. I would expect the company to celebrate further growth in revenue from its crackdown on password sharing and its ad-supported subscription plans. Old habits die hard since the onset of the COVID pandemic, when many avoided theatre halls and have grown used to watching movies anytime from the comforts of their homes. The rise of online streaming services by Netflix and its formidable peers Amazon and Disney, and their growing popularities have added to the woes of AMC, whose profits in the fourth quarter of last year had already fallen short of market expectations. With rising competition from t

While $Palantir Technologies Inc.(PLTR)$  and $C3.ai, Inc.(AI)$   may not be as well-known as NVidia and Microsoft, I like the duo for carving out their niches in the big data analytics and enterprise AI spaces. Among the first movers in rolling out AI solutions, Palantir and C3.ai are well-positioned to capitalize on the growing demands for AI applications. In fact, known for its close collaborations with the US government, over the last couple of years the company has made a deliberate effort to expand beyond the public sector, and indeed the strategy is paying off as Palantir has been enjoying impressive growth in the priva

$Faraday Future Intelligent Electric Inc.(FFIE)$  stock price has skyrocketed to the moon this week, even as the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. With no apparent news thaat would justify the rally, it appears to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command. With a share price around 10 cents, time is running out for the EV maker to push its stock price above $1 by June 25, the deadline set by the Securities and Exchange Commission before i

$Netflix(NFLX)$   is due to report its first quarter 2024 earnings results on 18 April after the regular trading hours, and I would expect the company to post growth in subscribers, as it entices many to watch movies from the comfort of their homes. Its turnaround strategies such as its crackdown on password sharing and ad-supported plans also appear to be bearing fruits. Since the pandemic and the rise of online streaming services, many have resorted to and now grown used to watching movies from the comforts of their homes and would avoid visiting theatre halls altogether. Hence, I believe that Netflix will have $AMC Entertainment(AMC)$ 

$JPMorgan Chase(JPM)$  , $Citigroup(C)$  and $Wells Fargo(WFC)$  have scheduled to announce their latest quarterly earnings results tonight before the US market opens. The trio are among the largest diversified banks that have dominated the retail and corporate banking scenes in US, and have survived the previous banking crisis that had saw the high-profile failures of a number of banks. The trio have benefited from higher net income margins amidst heightened interest rates to tackle a sticky inflation. With an end of the interest rate hiking cycle and expected commenceme

$Faraday Future Intelligent Electric Inc.(FFIE)$  has rallied for 2 consecutive days so far, even as the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. The rally appears to be the work of the meme community betting on making quick gains from short-squeezing of the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once fundamentalists return to take control of the sinking ship. I continue to suspect that the days of the EV maker are numbered, as it is weighed under looming prosp of delisting, unless a white knight comes to its rescue.

After a year of brutal price wars first ignited by $Tesla Motors(TSLA)$   that have witnessed many casualties and burning its own pockets over narrowing profit margins, the EV industry leader is finally ceasing fire and raising prices across all its major markets to rebuild its margins. In fact, this is not surprising to me as Elon Musk has previously warned that Tesla was reaching "the natural limit of cost down" with its existing lineup, so that it would be challenging to trim prices further to boost demands for its EVs without detrimental impacts to its financials. The ceasefire will be good news for the EV market that has been battered by the price wars as the EV players attempted to undercut one anothe

Cryptocurrency exchange $Coinbase Global, Inc.(COIN)$   has been weighed under the current correction in the crypto market. Nevertheless, expectations of rate cuts in the second half of this year will help to encourage trading of risky assets like cryptocurrencies, driving up trading volumes for Coinbase. Hence, I remain bullish on Coinbase as the cryptocurrency exchange platform benefits from increased trading on cryptocurrencies and as its revenue rises with custody fees as it acts as the custodian for most of the bitcoin spot ETFs. With more and more companies jumping onto the artificial intelligence bandwagon to embrace AI solutions as part of their digital transformation and productivity improvement st

With a share price lower than 10 cents, $Faraday Future Intelligent Electric Inc.(FFIE)$   had received a warning from the Nasdaq that if Faraday Future fails to maintain a minimum bid price requirement of $1 by 25 June, its securities may be subject to delisting. With a turnaround strategy to achieve profitability and defend shareholder values that seems to be empty talk with no convincing plans, I'm highly doubtful that its stock price would rocket in the next 2 months to comply with Nasdaq's listing rules, so I believe that it will just be a matter of time before the company will be delisted. $Rivian Automotive, Inc.(RIVN)$  is no

Light appears to be at the end of the tunnel for the year-long price war in the EV market that has seen casualties struggling to stay afloat with narrowing margins amidst slowing demands for EVs. $Tesla Motors(TSLA)$  ,  the EV industry leader that had ignited the EV price war, is reportedly finally calling for a ceasefire and planning to raise prices across all its major markets in order to avoid further erosion of its own margins, as Elon Musk had previously warned that Tesla was reaching "the natural limit of cost down". Hopefully, this will end the brutal price war that has seen the EV makers undercutting one another in price to gain or defend their market shares amidst softening EV demands, reverse the

$Coinbase Global, Inc.(COIN)$   has been weighed down by the recent ruling by a US court's endorsement of the lawsuit by the Securities and Exchange Commission against the cryptocurrency exchange. However, it may be years for the lawsuit and likely appeals to take their full course before a settlement can be reached. In the meantime, I continue to like Coinbase as a proxy play of the cryptocurrency market after the latter has emerged from a year-long winter and now trading near the heights on the back of a number of bitcoin spot ETFs launched this year and rising frenzy on the bitcoin halving event next month. $Palantir Technologies Inc.(PLTR)$ 

With a share price about 10 cents, $Faraday Future Intelligent Electric Inc.(FFIE)$  is cheaper than a penny stock and susceptible to wild swings in its share price every trading day, as opportunists try to take advantage of the price fluctuations for quick bucks. The company has until 25 June 2024 to execute reverse stock splits to bump up the stock price to meet Nasdaq Stock Market LLC's requirement to maintain a minimum bid price requirement of $1, failing which, its securities will be subject to delisting. Despite rumors of some white knight coming to the rescue that had led to a spectacular recovery of the stock last week, with deteriorating fundamentals and worsening order book, the stock has lost its appe

After a year of brutal price wars first ignited by $Tesla Motors(TSLA)$   that have witnessed many casualties and burning its own pockets over narrowing profit margins, the EV industry leader is reportedly planning to raise prices across all its major markets from next month in an effort to call for a ceasefire and rebuild its margins. In fact, this is not surprising to me as Elon Musk has previously warned that Tesla was reaching "the natural limit of cost down" with its existing lineup, so that it would be challenging to trim prices further to boost demands for its EVs without detrimental impacts to its financials. The ceasefire will be good news for the EV market that has been battered by the price wars