How will these stocks fare next week?

$AMC Entertainment(AMC)$   is due to report its previous quarter earnings results on 28 February. With returning crowds to its theatres after lifting of the COVID restrictive measures and releases of blockbuster movies during the year end festive season, I expect AMC's earnings results to bring cheers to its investors, as the largest cinema chain in United States adapts to remain relevant post pandemic and stay competitive amidst rising popularity of online streaming services by the likes of Netflix, Disney and Amazon that have been beefing up their contents, threatening the relevance of theatres. AMC will need to continue to reinvent itself to stay competitive and remain relevant in the new normal post pandemic that has changed forever the way many people would watch movies.

Despite rising awareness of global climate change, heightened pump prices and tightening emission controls, the EV market is increasingly competitive and getting saturated with new startup Tesla-wannabes as well as incumbent car makers jumping onto the EV bandwagon, and pricing has become the main weapon to increase market share. Thanks Tesla which had ignited the price war to reverse its declining sales amidst slumping demands, fall in prices of EVs is getting so bad that EV makers engaged in price war are now compelled to compensate leasing companies for the much higher than expected drop in value of the used EVs. In fact, some leasing companies are demanding concessions from EV makers in new leasing agreements that the manufacturers will buy back vehicles, to protect against further erosion in the second-hand car market.

With Elon Musk's warning that $Tesla Motors(TSLA)$  is reaching its "natural limit of cost down" in the prevailing price war, the leading EV maker is turning its focus to affordability in its latest EV development to better compete with the Chinese EV incumbent BYD and the Chinese EV startup trio $NIO-SW(09866)$  , $XPENG-W(09868)$  and $LI AUTO-W(02015)$  which are skilled in containing their costs. With waning domestic demands, intensifying local competition and excessive capacity, the Chinese EV makers have already been turning their eyes on foreign markets. In fact, they have been taking the world by storm with their EVs that are much cheaper than competing models built elsewhere and have gained inroads in the export markets such as Europe, Australia and Southeast Asia. Hence, I believe that their stock price slides in the near term present buying opportunities for long-term growth of the Chinese EV makers.

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