SEA may need to relook at its business model, although a successful one may not work well in another country. Additionally, the background of the company and its founder is closely related to China, where SEA became the scapegoat when there was a political "crossfire," India as an example. The stiff competition among other E-commerce and gaming platforms further hurt the revenue and thus the profitability (although it suffered losses for many quarters). 

The real motive for acquiring Twitter by Musk is unclear! Right now, the company is on the brink of bankruptcy, and half of its employees have been laid-off in a chaotic manner. The morale of the remaining staff should be terrifying about their future. Although Musk is a genius at setting up new and innovative companies but is he have the wisdom to resolve the crisis he faces right now? We shall see. 

Recently, a country announced to ban the export of chickens due to the shortage of supply and also to meet the domestic demands.But, how does it happen? It is easier to blame the war between Russia-Ukraine, the pandemic, or the inflation. Unfortunately, this is not the whole story about it. It all boils down to the nation's policy that was implemented for decades - subsidizing.For a party to remain in power to control the government, subsidies are a method that has proven effective to win over voters but also can be a nightmare to the nation's balance sheet, for example, in Kazakhstan and Sri Lanka.If leaders have put people's interests above personal and party interests, it's a blessing to the nation. Else, the only people will suffer without any hope. 

The strengthening of the US$ is a double sword. The Fed intends to curb the high inflation while also worrying about the recession. Most developed countries also follow suit to raise interest in strengthening their currencies. While it could benefit from cheap import goods, it may hurt the exporters' businesses. It all boils down to the wisdom of the chief monetary of the country to strike a balance. 

Like other social media apps, Snap faces tough competition to lure users into staying using their app. The advertisers will only pour in their money if the user population is large enough to justify putting up the advertisement. While the management pointed out that the challenges are enormous ahead, will they come out the solutions while enjoying a big paycheck? 

In the short term, the US market is a mixed sentiment. The continuing rise of interest may hurt most industries due to borrowing costs, except those banking sectors could benefit from it. Additionally, China's economic outlook in 2023 may not look good (due to covid zero policy) and could drag the world GDP further down. As such, investors need to exercise due diligence before entering the market. 

Today's loser does not mean it will be the loser of tomorrow. The same goes for the winner. From the historical records, the market went thru peaks and troughs on cyclical cycles. The market's noise is temporary. Warren Buffett once said, “If you aren't willing to own a stock for ten years, don't even think about owning it for 10 minutes. ”

Besides the insurance companies regarded as cash cows under Warren Buffett's radar, the new investment is TSMC (Taiwan Semiconductor Manufacturing Company). But why did he choose TSMC instead of other giants like Intel or Samsung? One possible reason is the technology edge skill of the TSMC leading other competitors, not only in 1 but at least three generations advance in its 4nm chip-making know-how. And TSMC is the sole source of Apple's products, which is 1 of the favorite tech stock in Warren's portfolio. 

As the Tesla output is uncertain due to the shortage of chips, as well as China's "covid zero policy," it will continue to hurt its revenue. Additionally, Musk will take on the CEO post on Twitter, and he may not have enough time and energy to think about how to steer the Tesla back on track. The trend in the short term may not look good! 

These top-tier tech giants have enjoyed the glory for the past 10 to 20 years for their innovative products and services, reflected in their market capitalization and share prices that have grown exponentially. However, the historical data also shows that when hitting the peak, it's time to adjust, where the markets will think about who is the strongest to continue to grow and who will decay over time.

Historical records show that whenever Fed raises the interest rates, the bonds market will outperform the equity market due to the strong USD and the bond yields. However, it gives us buying opportunities on those fundamentally sound companies with recession-proof to hedge against the bear market ROI. 

Most people will feel fear and panic when the market goes spiraling down. Institut investors will dump whatever they can to retain cash, fueling market chaos. Stay calm and cool as this is cyclic of the market going thru the peak and troughs, and it's shown in the past. Most importantly, it provides an opportunity to buy fundamentally sound with a good business model company at a discount.