LeoIII.
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avatarLeoIII.
2023-04-21

META LAUNCHES LATEST ROUND OF LAYOFFS, AS COMPANY’S MARKET CAP VALUE REBOUNDS

$Meta Platforms, Inc.(META)$ , the company formerly known as Facebook, launched a new round of job cuts this week, despite a recent rebound in its stock price that has added some USD $320B to its market value.After cutting around 11,000 jobs, or around 13% of its workforce, last November, Meta announced a second round of layoffs in March.Those layoffs began on Tuesday (April 18), according to a report at CNBC which noted that Meta employees had taken to LinkedIn to announce they had lost their jobs.Meta is on track to cut its workforce by 21,000 people in the wave of layoffs that have hit the tech sector since last year.According to layoffs.fyi, a website that tracks job reductions in tech, Meta’s cuts are the second-largest in the sector, behind
META LAUNCHES LATEST ROUND OF LAYOFFS, AS COMPANY’S MARKET CAP VALUE REBOUNDS
avatarLeoIII.
2023-04-20

Nio stock price forecast: the bull vs bear case for the EV

NIO stockThe plot has just thickened for $NIO Inc.(NIO)$ and other electric vehicle companies. Nio stock price is hovering near the lowest level since 2020, meaning that it has plunged by more than 87% from the highest point during the pandemic.The bull vs the bear caseAnalysts are torn about the Nio share price considering that it has lost over 90% of its value in the past few months. A look at the most recent ratings shows that only a handful of them are excited about the company. Those at Deutsche Bank, Citigroup, and Bank of America have a bullish view of the stock.These analysts believe that Nio’s business will continue doing well in the long term as it gains market share in China . They also cite the fact that China has committed to transitio
Nio stock price forecast: the bull vs bear case for the EV
avatarLeoIII.
2023-04-19

C3.ai:Why investors favor it?

C3.ai logoInternational Assets Investment Management LLC bought a new stake in shares of $C3.ai, Inc.(AI)$ in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 12,615 shares of the company's stock, valued at approximately $141,000.Several other hedge funds have also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC increased its holdings in C3.ai by 17.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 20,980 shares of the company's stock valued at $235,000 after acquiring an additional 3,052 shares in the last quarter. EWG Elevate Inc. purchased a new position in C3.ai during the 4th quarter valued at about $64,000. State Street Corp grew its holdings in shares
C3.ai:Why investors favor it?
avatarLeoIII.
2023-04-18
Once it gets back under a buck, which will be soon, probably a good idea to "average down" as it will likely pop in the future on good newsBuyers are buying the dip into the close, should be a strong after hours move. $CNS Pharmaceuticals, Inc.(CNSP)$
avatarLeoIII.
2023-04-17
—If you haven’t noticed, I like AI, and this is a great long-term investment opportunity… In a couple years, the AI share price will have gone -up, dramatically…Get to the beach! Or do something fun or meaningful to you (with your -time) today! AI will go -up over -time, in the meantime. $C3.ai, Inc.(AI)$
avatarLeoIII.
2023-04-14

Could Shopify Be A Sneaky Pick For Q2?

Key PointsShares have been rallying hard since October’s low. Recent comments urge caution in the near-term.The longer term opportunity remains strong however. A 90% rally since the middle of October should be enough to convince anyone of the bona fides of $Shopify(SHOP)$ as a top tech recovery stock. At one point last quarter, they were up more than 120%, and though they took a breather after that, the stock’s firmly back in an uptrend now. ShopifyCautious OptimismAnalyst Anna Andreeva and her team noted that the recent price increases should boost earnings in the coming quarters, and the platform's diversification in product offerings has reduced concentration risk.In addition, a new range of beauty and health products along with
Could Shopify Be A Sneaky Pick For Q2?
avatarLeoIII.
2023-04-13

AMD reports exceptional quarterly earnings

AMD stock news $Advanced Micro Devices(AMD)$ is a semiconductor manufacturer that has recently announced its quarterly earnings results. The company has reported an exceptional performance, beating market expectations by $0.02 per share. AMD announced an earnings per share of $0.69 for the quarter, with revenue of $5.60 billion during the same period, reflecting a 16.0% increase compared to the same quarter last year.Additionally, Advanced Micro Devices had a net margin of 5.59% and a return on equity of 8.52%. These impressive metrics demonstrate the company’s ability to maintain profitability while delivering growth and value for its investors.Several hedge funds and institutional investors have recently added to or reduced their stakes in AMD, i
AMD reports exceptional quarterly earnings
avatarLeoIII.
2023-04-11
Nio’s entire lineup will be on display at the Shanghai auto show which will commence on April 18 at the National Center for Exhibition and Convention in Shanghai, Nio said in a statement on Tuesday. The show will be on till April 27. $NIO Inc.(NIO)$
avatarLeoIII.
2023-03-31
Google is in a very interesting spot right now. If strictly looking at stock price, it’s been very weak during the last few sessions when QQQ has been strong. That’s not a good sign. If looking at company fundamentals, I don’t think google has ever had its back up against the wall like it does right now. Microsoft is really pushing google around right now. Google has a lot to prove although I do think this whole AI thing is a big fad right now. Google will prevail in the long road like they did over Bing/Microsoft back in the day. They just need time. Google needs to do exactly what Facebook did, get vocal about cutting staff and cutting costs everywhere. That should kickstart the movement in stock price a bit. Long and strong wins the race! $Alphabet
avatarLeoIII.
2023-03-28
Realistically I’m expecting to see $2.4-2.7 today maybe fall back to open price today at end of trade day.We could probably straddle 2 for another day then pop to $3 in lower volume than we had the fast few days.. let’s see$Silvergate Capital(SI)$
avatarLeoIII.
2023-03-27
KG&L Capital Management LLC lessened its stake in $Micron Technology(MU)$ by 40.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,004 shares of the semiconductor manufacturer's stock after selling 3,450 shares during the quarter. KG&L Capital Management LLC's holdings in Micron Technology were worth $250,000 at the end of the most recent reporting period.
avatarLeoIII.
2023-03-24

Is PacWest Bancorp (NASDAQ: PACW) Still A Loss Stock Despite Being Down -55.90% YTD?

During the last session, $PacWest(PACW)$ ’s traded shares were 46.92 million, with the beta value of the company hitting 1.50. At the end of the trading day, the stock’s price was $10.12, reflecting an intraday loss of -17.12% or -$2.09. The 52-week high for the PACW share is $46.76, that puts it down -362.06 from that peak though still a striking 50.59% gain since the share price plummeted to a 52-week low of $5.00. The company’s market capitalization is $1.47B, and the average intraday trading volume over the past 10 days was 50.01 million shares, and the average trade volume was 8.76 million shares over the past three months.PacWest Bancorp (PACW) received a consensus recommendation of an Overweight from analysts. That translates to a mean rati
Is PacWest Bancorp (NASDAQ: PACW) Still A Loss Stock Despite Being Down -55.90% YTD?
avatarLeoIII.
2023-03-22
Shorts are fighting the government. This is fed’s fight.No one is selling, let them manipulate it’s all about those puts they have, buy more If you can, no fear here! Best deal is about to happen for Frc! Hold strong or add as much as you can!Long and Strong!$First Republic Bank(FRC)$
avatarLeoIII.
2023-03-21
Taiwan makes 70% of the world semi conductors. What do you think will happen to prices of appliances, cars and cell phones if china invades? Intel and other fabs won’t be able to ramp up production from Taiwans losses until 15+ years. It’s taking intel 3-4 years to build their new fab and it’s production capacity is like 1% relative to the world total$Taiwan Semiconductor Manufacturing(TSM)$
avatarLeoIII.
2023-03-20
Think about real things!Shares of Unity Software, February 27, 2022 were worth $106, now less than $29 - a loss of 72% of the exchange value. From the latest financial report, we know that Unity suffered an operating loss of $90 million in 2022. C has worsened since 2021, as Unity then reported a loss of $50.7 million. During a meeting with investors, Unity's chief financial officer, Louis Wisoso, assured that the company will begin generating revenue in 2023. This will be helped by the implementation of IronSource (an Israeli developer of software for creating app monetization and distribution technology), which Unity acquired last year.of course, growth to $40 is not excluded - if the market is pumped with liquidity, and Unity gets a little bit, but for how long?
avatarLeoIII.
2023-03-20
Looks like there will be no smooth sailing for NIU at least until 2024. Taking in a new revenue estimate (volume x current revenue per scooter) for 2023, assuming an anual revenue growth rate of 25%, and assuming a slow net profit margin recovery from -3% in 2023 to 8% in 2026 (and a final price-to-book ratio of 2.2), my valuation forecasts a ~16% annual return. It's OK, but I won't be adding to this position until NIU is showing clear signs of beating these forecasts, or if the stock price revisits the all-time low of last year.$Niu Technologies(NIU)$
avatarLeoIII.
2023-03-17

XPEV Elliott Wave Analysis: More Selling Or Buyers To Appear Soon?

$XPeng Inc.(XPEV)$ designs, develops, manufactures, and markets smart electric vehicles. It produces environmental friendly vehicles, namely SUVs (the G3), and a four-door sports sedan (the P7). The company was founded by Xiao Peng He, Heng Xia, and Tao He in 2015 and is headquartered in Guangzhou, China. It put in a strong rally since it got listed on NYSE back in 2020 and reached a high of $74.49 back in November 2022. This was followed by a sharp decline to $37.50 in December 2022, then it bounced and started drifting lower. In today's article, we will take a look at Elliott wave structure of the decline since November 2022 peak and determine whether selling pressure is likely to continue for a prolonger period or it would end soon resulting in
XPEV Elliott Wave Analysis: More Selling Or Buyers To Appear Soon?
avatarLeoIII.
2023-03-16
Buying opportunity. The stock averaged $150 before the lockdowns were lifted, before the audit settlement was reached, before BIDU announced two consecutive quarters of earnings beat and impressive growth, before the massive buyback was announced and before the chatbot was even made public. At less than 9 P/E (net of cash), the stock will only move up.$Baidu(BIDU)$
avatarLeoIII.
2023-03-16

Baidu sinks

 $Baidu(BIDU)$ on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.During a livestreamed release event, Baidu CEO Robin Li emphasized the company’s product — called Ernie bot — is not perfect. Shares fell nearly 6.4% in Hong Kong, amid a wider fall for Asian stocks, and posted their lowest close since Jan. 19.Li emphasized how the product would improve through users’ ability to give it feedback.Baidu is prioritizing initial Ernie bot access for what it calls 650 ecosystem business partners, which include some media companies, banks and car firms. Baidu has a large enterprise cloud business and said users of its AI cloud could apply for access to Ernie bot’s application
Baidu sinks
avatarLeoIII.
2023-03-15

Telemetry Investments L.L.C. Grows Stock Holdings in Occidental

Telemetry Investments L.L.C. raised its position in shares of $Occidental(OXY)$ by 57.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,000 shares of the oil and gas producer's stock after buying an additional 4,000 shares during the period. Telemetry Investments L.L.C.'s holdings in Occidental Petroleum were worth $676,000 as of its most recent filing with the Securities & Exchange Commission.Other hedge funds and other institutional investors have also modified their holdings of the company. Amundi boosted its holdings in Occidental Petroleum by 40.0% in the second quarter. Amundi now owns 5,384,566 shares of the oil and gas producer's stock valued at
Telemetry Investments L.L.C. Grows Stock Holdings in Occidental

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