Better wake up people .. NIO Power Pods are already going into MASS PRODUCTIONCATL-backed giant lithium-ion battery energy storage station starts construction July 12, 2021 Growing rapidly alongside China's new energy vehicle industry is the energy storage industry. A 300MW/600MWh energy storage project backed by CATL, NIO and Tesla's power battery supplier, broke ground on July 10 in Shanxi province in northern China. The project, which covers a total area of 25,000 square meters, is designed with the latest generation of outdoor prefabricated pods and is expected to be operational by the end of December this year.$NIO Inc.(NIO)$  

Chinese education giant New Oriental (NYSE:EDU) is recovering strongly after the Chinese government’s crackdown on the education sector last year. They expect to return to the black in FY 2023, and their new business initiativesare promising. Competitive risks cloud their outlook however.Solid recoveryAfter going through a roller coaster year triggered by the Chinese government’s ‘Double Reduction’ policy which prevented education providers from providing K-12 academic tutoring services on a for-profit basis, China’s education sector is getting off to a fresh start and one of the leading players, New Oriental Education, is seeing positive early signs in their restructuring efforts. Forced to shut down their K-12 tutoring services business, the restructured company now focuses on four opera

Last week, Intel (NASDAQ:INTC$Intel(INTC)$ ) reported its full year results for fiscal 2022 as well as results for the fourth quarter – and results were terrible. It is probably an exception that the CEO admits how terrible the results are, butPat Gelsinger kicked off theearnings callwith the following statement:We made meaningful progress on several fronts in calendar year 2022, notwithstanding all the challenges, but we readily admit our results and our Q1 guidance are below what we expect of ourselves. We are working diligently to address the challenges brought on by current demand trends and remain confident in our long-term plans and trajectory.In the following article we will look at the annual results in more detail and analyze the implicat

In my previousposton MongoDB (NASDAQ:MDB), I highlighted that the company was "poised to benefit" from secular trendssuchas "Big Data" and "Digital transformation" as organizations move their databases to the scalable cloud. Now it looksas though my thesis has continued to play out as the company reported super financial results for Q3,FY23, beating both revenue and earnings estimates.These results caused the stock price to surge by 27% in premarket trading on the back of huge momentum.MongoDB is a Gartner magic quadrantleaderin "Non-SQL" or nonrelational databases. This is a flexible database type that is popular for storing nonstandardized data for many applications from financial services to customer personalization. As MongoDB offers a cloud-based "database as a service" it can automat

Investment ThesisSeaBank is Sea Limited's (NYSE:SE) finance arm that is growing its credit business very quickly and has already booked net profitability since Jan 2022. During the last3Q22 earnings call, management hinted to securethird-party financing, which not only allows management to reduce the capital needed in the business but to also scale its lending. Additionally, I also talked about how Sea Limited is in an enviable position to attain profitability while its peer, GoTo is still struggling. If you have not dived into my most recent analysis of its 3Q22 result, do head overhere.Customer DepositsSeaBank ID Monthly Financial StatementsSeaBank ID Monthly Financial StatementsOn Oct 22, its current accounts, savings account, and time deposits grew 85%, 76%, and 440%, respectively, on

Iwrotein late July that the merger between Unity Software Inc. (NYSE:U) and ironSource (NYSE:IS) will significantly undermine the competitive positionof AppLovin (NASDAQ:APP). Soon after, AppLovinofferedto buy Unity if it terminates its merger with ironSource.In my view, this was a panic move from AppLovin, reflecting its management's realization of the repercussion of Unity's merger with ironSource. I don't expect Unity to merge with AppLovin, particularly on the current terms offered by the latter.Why Unity Doesn't Need AppLovinAt the most basic level, Unity is a software as a service company, and not an advertising company. It is also a unique breed of SaaS businesses given its the dominant mobile gaming engine and that the game engine market is virtually a duopoly. Unity's move to add

China is the world's No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Pinduoduo parent PDD Holdings(PDD$Pinduoduo Inc.(PDD)$ ), Canadian Solar(CSIQ), Trip.com(TCOM), Tencent Holdings(TCEHY$Tencent Holding Ltd.(TCEHY)$ ) and NetEase(NTES) are China stocks worth watching or potentially buying.It's been a tough couple of years for Chinese stocks. The Covid pandemic, and Beijing's zero-Covid policy, have slammed the economy. Meanwhile, regulatory crackdowns vs. technology and data-centric firms such as Alibaba(BABA), Tencent(TCEHY) and NetEase(NTES) have been a major headwind. The tech crackdown seems to have eased.U.S. tensions are a conc

Investment ThesisThe decline in real income is negatively affecting one of AMD's (NASDAQ:AMD$Advanced Micro Devices(AMD)$ ) main markets - PCs and notebooks. In Q4 2022, the market accelerated itsdeclineto 28% YoY, and according to various forecasts in 2023, itwill stillshrinkby 5-10% YoY. Data centers and embedded processors remain AMD's stable segments thanks to a more solid technology stack following the acquisition of Xilinx and Pensando.2023 will remain a year of challenges for AMD as competition with NVIDIA intensifies and moves from the declining gaming GPU market to data centers.In our opinion, this is not an attractive entry point for long-term investors. HOLDDespite the negative macroeconomic background, AMD continues to show strong resul

Baidu, Inc. (NASDAQ:BIDU$Baidu(BIDU)$) is in a prime position to become a dominant player in the artificial intelligence market and the growing digital advertising market in China. The market has punished the company's stock since its peak marketvalue at $100 billion. Nonetheless, BIDU has produced outstanding results, with TTM revenues of $17.4 billion, operating cash flow of $3.2 billion, and free cash flow of $1.7 billion.Due to the combination of strong fundamentals and future growth opportunities, I consider Baidu, Inc. a buy. Let´s take a look at the business.Business Overview:Baidu, Inc., also known as the "Google from China," is a Chinese technology company that specializes in Internet-related services and products, including AI and cloud-

I would like to start this article by thanking loyal and longtime readers (nearly 1M reads last year). This article marks my return to SA after a long absence. I plan to post more frequently in the future, continuingto focus the intersection of technology and business. In the coming weeks, we will reexamine what went right, what went wrong, and where the opportunities are.This blog has been a hobby of mine in the past, but it will be receiving much more focus in the future. I now have greater freedom to say and post what I want, when I want... Buckle up.The FTX Crisis Explained in DetailWith the flood of details merging out of FTX's (FTT-USD) collapse, you may be asking "what happened?" Perhaps it would be best to start with a lengthy-but-necessary recap. The collapse of FTX may be a defin

Back in August 29 2022, AMC Entertainment Holdings, Inc. (NYSE:AMC) launched a preferred equity unit (APE) as a special dividend to AMC shareholders. This APE preferred equity unit is economically more or less the samethingas a share. However, AMC couldn't issue any more shares at the time and resorted to this preferred that's the same in all but name.It would have made the most sense if AMC had halved on that day and both AMC and APE traded at 1/2 the previous day's AMC value. But that's not what happened. Instead, AMC holders continued selling AMC but dumped APE.This led to a bizarre valuation discrepancy between the two securities that are otherwise very similar.This morning, AMC dropped a bomb as it raised a lot of capital by issuing a monstrous amount ofAPE units:Raises $110 million o