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avatarpekss
04-18 11:51

Will they bring cheers tonight?

$Netflix(NFLX)$   will be releasing its latest quarterly earnings results tonight after the US market closes. I would expect the company to celebrate further growth in revenue from its crackdown on password sharing and its ad-supported subscription plans. Old habits die hard since the onset of the COVID pandemic, when many avoided theatre halls and have grown used to watching movies anytime from the comforts of their homes. The rise of online streaming services by Netflix and its formidable peers Amazon and Disney, and their growing popularities have added to the woes of AMC, whose profits in the fourth quarter of last year had already fallen short of market expectations. With rising competition from t
Will they bring cheers tonight?
avatarpekss
04-13

Will they shine next week?

While $Palantir Technologies Inc.(PLTR)$  and $C3.ai, Inc.(AI)$   may not be as well-known as NVidia and Microsoft, I like the duo for carving out their niches in the big data analytics and enterprise AI spaces. Among the first movers in rolling out AI solutions, Palantir and C3.ai are well-positioned to capitalize on the growing demands for AI applications. In fact, known for its close collaborations with the US government, over the last couple of years the company has made a deliberate effort to expand beyond the public sector, and indeed the strategy is paying off as Palantir has been enjoying impressive growth in the priva
Will they shine next week?
avatarpekss
04-13

What's next for the Tesla-wannabes?

$Faraday Future Intelligent Electric Inc.(FFIE)$  stock price has skyrocketed to the moon this week, even as the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. With no apparent news thaat would justify the rally, it appears to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command. With a share price around 10 cents, time is running out for the EV maker to push its stock price above $1 by June 25, the deadline set by the Securities and Exchange Commission before i
What's next for the Tesla-wannabes?
avatarpekss
04-13

Will they have more legs?

$Netflix(NFLX)$   is due to report its first quarter 2024 earnings results on 18 April after the regular trading hours, and I would expect the company to post growth in subscribers, as it entices many to watch movies from the comfort of their homes. Its turnaround strategies such as its crackdown on password sharing and ad-supported plans also appear to be bearing fruits. Since the pandemic and the rise of online streaming services, many have resorted to and now grown used to watching movies from the comforts of their homes and would avoid visiting theatre halls altogether. Hence, I believe that Netflix will have $AMC Entertainment(AMC)$ 
Will they have more legs?
avatarpekss
04-12

Will the banks roar tonight?

$JPMorgan Chase(JPM)$  , $Citigroup(C)$  and $Wells Fargo(WFC)$  have scheduled to announce their latest quarterly earnings results tonight before the US market opens. The trio are among the largest diversified banks that have dominated the retail and corporate banking scenes in US, and have survived the previous banking crisis that had saw the high-profile failures of a number of banks. The trio have benefited from higher net income margins amidst heightened interest rates to tackle a sticky inflation. With an end of the interest rate hiking cycle and expected commenceme
Will the banks roar tonight?
avatarpekss
04-10

Faraday

$Faraday Future Intelligent Electric Inc.(FFIE)$  has rallied for 2 consecutive days so far, even as the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. The rally appears to be the work of the meme community betting on making quick gains from short-squeezing of the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once fundamentalists return to take control of the sinking ship. I continue to suspect that the days of the EV maker are numbered, as it is weighed under looming prosp of delisting, unless a white knight comes to its rescue.
Faraday
avatarpekss
04-06

Have the EV stocks bottomed?

After a year of brutal price wars first ignited by $Tesla Motors(TSLA)$   that have witnessed many casualties and burning its own pockets over narrowing profit margins, the EV industry leader is finally ceasing fire and raising prices across all its major markets to rebuild its margins. In fact, this is not surprising to me as Elon Musk has previously warned that Tesla was reaching "the natural limit of cost down" with its existing lineup, so that it would be challenging to trim prices further to boost demands for its EVs without detrimental impacts to its financials. The ceasefire will be good news for the EV market that has been battered by the price wars as the EV players attempted to undercut one anothe
Have the EV stocks bottomed?
avatarpekss
04-06

Will they fly or sink next week?

Cryptocurrency exchange $Coinbase Global, Inc.(COIN)$   has been weighed under the current correction in the crypto market. Nevertheless, expectations of rate cuts in the second half of this year will help to encourage trading of risky assets like cryptocurrencies, driving up trading volumes for Coinbase. Hence, I remain bullish on Coinbase as the cryptocurrency exchange platform benefits from increased trading on cryptocurrencies and as its revenue rises with custody fees as it acts as the custodian for most of the bitcoin spot ETFs. With more and more companies jumping onto the artificial intelligence bandwagon to embrace AI solutions as part of their digital transformation and productivity improvement st
Will they fly or sink next week?
avatarpekss
04-06

Are EV shares still good buys?

With a share price lower than 10 cents, $Faraday Future Intelligent Electric Inc.(FFIE)$   had received a warning from the Nasdaq that if Faraday Future fails to maintain a minimum bid price requirement of $1 by 25 June, its securities may be subject to delisting. With a turnaround strategy to achieve profitability and defend shareholder values that seems to be empty talk with no convincing plans, I'm highly doubtful that its stock price would rocket in the next 2 months to comply with Nasdaq's listing rules, so I believe that it will just be a matter of time before the company will be delisted. $Rivian Automotive, Inc.(RIVN)$  is no
Are EV shares still good buys?
avatarpekss
03-30

Comeback of the EV players?

Light appears to be at the end of the tunnel for the year-long price war in the EV market that has seen casualties struggling to stay afloat with narrowing margins amidst slowing demands for EVs. $Tesla Motors(TSLA)$  ,  the EV industry leader that had ignited the EV price war, is reportedly finally calling for a ceasefire and planning to raise prices across all its major markets in order to avoid further erosion of its own margins, as Elon Musk had previously warned that Tesla was reaching "the natural limit of cost down". Hopefully, this will end the brutal price war that has seen the EV makers undercutting one another in price to gain or defend their market shares amidst softening EV demands, reverse the
Comeback of the EV players?
avatarpekss
03-30

Will these stocks flip or flop next week?

$Coinbase Global, Inc.(COIN)$   has been weighed down by the recent ruling by a US court's endorsement of the lawsuit by the Securities and Exchange Commission against the cryptocurrency exchange. However, it may be years for the lawsuit and likely appeals to take their full course before a settlement can be reached. In the meantime, I continue to like Coinbase as a proxy play of the cryptocurrency market after the latter has emerged from a year-long winter and now trading near the heights on the back of a number of bitcoin spot ETFs launched this year and rising frenzy on the bitcoin halving event next month. $Palantir Technologies Inc.(PLTR)$ 
Will these stocks flip or flop next week?
avatarpekss
03-30

Will the Tesla-wannabes shine or whine next week?

With a share price about 10 cents, $Faraday Future Intelligent Electric Inc.(FFIE)$  is cheaper than a penny stock and susceptible to wild swings in its share price every trading day, as opportunists try to take advantage of the price fluctuations for quick bucks. The company has until 25 June 2024 to execute reverse stock splits to bump up the stock price to meet Nasdaq Stock Market LLC's requirement to maintain a minimum bid price requirement of $1, failing which, its securities will be subject to delisting. Despite rumors of some white knight coming to the rescue that had led to a spectacular recovery of the stock last week, with deteriorating fundamentals and worsening order book, the stock has lost its appe
Will the Tesla-wannabes shine or whine next week?
avatarpekss
03-23

Ceasefire of the EV makers?

After a year of brutal price wars first ignited by $Tesla Motors(TSLA)$   that have witnessed many casualties and burning its own pockets over narrowing profit margins, the EV industry leader is reportedly planning to raise prices across all its major markets from next month in an effort to call for a ceasefire and rebuild its margins. In fact, this is not surprising to me as Elon Musk has previously warned that Tesla was reaching "the natural limit of cost down" with its existing lineup, so that it would be challenging to trim prices further to boost demands for its EVs without detrimental impacts to its financials. The ceasefire will be good news for the EV market that has been battered by the price wars
Ceasefire of the EV makers?
avatarpekss
03-23

Will they flip or flop next week?

Dovish stance from the Fed at the conclusion of the latest FOMC meeting this week when the monetary policy makers continued to hold the Fed rate steady amidst sticky inflation but maintained its projection of 3 rate cuts before the end of this year has allowed the interest rate-sensitive technology sector to heave a sigh of relief and resume their climb. A resilient economy and robust job market have reinforced market's confidence of a soft-landing of the economy. Cryptocurrency exchange $Coinbase Global, Inc.(COIN)$  has ridden on the spate of good news to approach its recent height, after earlier correction in the crypto market has sent crypto prices down. Expectations of rate cuts in the second half of this y
Will they flip or flop next week?
avatarpekss
03-23

Are EV stocks still good investments?

$Rivian Automotive, Inc.(RIVN)$   has been downgraded by analysts over its disappointing business outlook, as the EV maker is heavily reliant on its investor and sponsor Amazon that has fallen short of its orders in its plan to electrify its delivery fleet. The EV startup has so far not yet been able to generate sufficient operating cash flows, so that it has to continue depleting its cash reserves to sustain operations. However, with just under $8 billion cash balance today, it is projected that Rivian has only sufficient cash to last through another 3 years at most. Meanwhile, its Tesla-wannabe peer $Faraday Future Intelligent Electric Inc.(FFIE)$ 
Are EV stocks still good investments?
avatarpekss
03-22

Is Faraday Future heading to the moon?

$Faraday Future Intelligent Electric Inc.(FFIE)$  is rising over 40% in the pre-market trading hours, after rallying almost 49% last night. One thing is apparent to me: the daily fights between the bulls and the bears. The bulls appear to be the meme community speculating on short-squeeze gains despite deteriorating fundamentals of the electric vehicle maker, while the bears are obviously the fundamentalists who have been rushing for the exit as the company's prospects worsen. With a share price lower than 10 cents, Faraday Future Intelligent Electric had since 28 December 2023 received a written notice from the Nasdaq Stock Market LLC stating that the company has failed to maintain a minimum bid price requirement of
Is Faraday Future heading to the moon?
avatarpekss
03-22
Jensen Huang is my top pick as he helped me to score a multibagger in $NVIDIA Corp(NVDA)$ @MillionaireTiger
avatarpekss
03-18

Rebound or short-squeeze?

Like its intraday wild swings lately, $Faraday Future Intelligent Electric Inc.(FFIE)$   is rallying over 17% at the time of this writing in the early trading session today despite apparently no improvement in its fundamentals that would justify the climb. I believe that this is the feat of the meme stock community, as I could not find any news that would substantiate the stock rebound of a company that has been plagued by worsening demand, deteriorating balance sheet and a stock price that has fallen more than 99% within a year. Its pledge to turnaround the company, attain profitability and defend shareholder value has not shown any results so far, and its continuity as a going concern has caused an overha
Rebound or short-squeeze?
avatarpekss
03-16

Will these stock thrive next week?

$PDD Holdings Inc(PDD)$   has scheduled to post its previous quarter earnings results on 20 March. I like Pinduoduo for its focus on agriculture and fresh products, which has helped to differentiate the Chinese online retailer among rising competition from other e-commerce platforms. Furthermore, its wide distribution network has enabled Pinduoduo to establish its reach to the most rural parts of China, unlike other competitors that emphasize their presence in big cities. The company has also been able to maneuver well during the crackdown by regulators on the technology sector, so it does not have a bull eye pasted on its back and suffered less damage compared to its peers. I'm hopeful that its coming earni
Will these stock thrive next week?
avatarpekss
03-16

A lost year for the EV makers?

I've been wondering what will be the last straw to break the camel's back and get $Faraday Future Intelligent Electric Inc.(FFIE)$   delisted. With a measly share price of 10 cents or so, and a market capitalization less than $5 million, I suspect that it will be a matter of time before the continual listing of the struggling EV maker is being questioned by the regulator. With such a low stock price, Faraday Future is highly susceptible to market manipulation, as evidenced by the intraday wild swings in its stock price almost daily. As the EV maker continues to be weighed down by worsening fundamentals without a credible turnaround strategy, investors have been rushing for the exit, leaving mainly speculato
A lost year for the EV makers?

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