$Symbotic Inc.(SYM)$ ...shareprice got beaten down due to irregular revenue and cost recognition and the need to delay filing. Well, this can be regarded as a one-off incident, rather than a long-term impact on its business model or growth prospects. Its financial statements for the past quarters might need to be restated but hopefully this incident will help strengthen its management control system to prevent further reoccurrences of similar problems. So buy on dip?
$PropNex(OYY.SI)$ ...rates cut would be good to developers and property agencies. REITs and property developers have gone up quite a bit, agency stocks to follow?
Fed might cut rates as early as Sept given the weakened job market and soft inflation data. If a cut in Sep does come thru, cryptos will have a big rally. Or else, we'll have a lacklustre market until the later part of the year.
Crypto Shares Slide in Morning Trading as Bitcoin Price Drops
$Palantir Technologies Inc.(PLTR)$ ...the call should be: - buy, if you yet to have PLTR shares - hold, of you have loaded - sell, if you feel having too much 😆
Looks like a manipulated stock...jumped 40% pre-market then fell 20% now...//@我i168: $Candel Therapeutics, Inc.(CADL)$ ...burning $10mn a quarter, so it has got cash for 2 quarters. Will it have a cash call soon?!
$Microsoft(MSFT)$ is highly likely as it is already monetizing AI in both cloud and productivity fronts. So I suspect MSFT is able to report earnings beats and give out an optimistic outlook. For $Alphabet(GOOGL)$ AI is the engine for many of its services but not products that are directly monetized. Alphabet will still report earnings beats but would be subdue in its outlook esp wrt impact from AI.
$Tesla Motors(TSLA)$ robotaxi will be a game changer. Its impact will be very material and lasting, not only to EV itself, but also to many other businesses like taxi and private hire, and the list goes on. Elon Musk's announcement also suggests TSLA's confidence in its FSD maturity. So time is now! Robotaxi will add to TSLA a new s/w and service element which will alter its valuation model going forward that will expand its earning multiples. I see sentiment improves from here.
$Coinbase Global, Inc.(COIN)$ ...look forward to seeing the impact of Spot BTC ETF on COIN, loss of BTC trading volume? vs income from acting as trustee and clearng house of the Spot BTC ETFs.
Coinbase Stock Has Quintupled. Why It Could Keep Going Higher
$iShares Bitcoin Trust(IBIT)$ ...performing so far as expected. Do what an ETF is supposed to do. More and more #BTC and BTC miners will probably switch to spot BTC ETF for liquidity. For BTC miners, as halving happens, BTC unit value has to rise to compensate the less units that they can mine. ETF is an efficient way to reflect the change. So ETF is the way to go.