Good morning tigers, here we go one of the heavy weight stock here. Financial Performance Overview: Exceeding Expectations in Q4 Goldman Sachs released its Q4 2023 earnings report, showcasing a quarterly revenue of $11.318 billion, marking a 6.8% year-over-year growth and surpassing the market's anticipated $10.96 billion. Analyzing the overall financials, Goldman Sachs exhibited remarkable figures, with revenue rebounding year-over-year and key financial metrics outperforming expectations. Specifically, the direct investment business played a significant role in driving growth, though it showed a subdued performance compared to the previous quarter. Despite the fluctuations, Goldman Sachs maintains a robust stock performance, suggesting a long-term holding strategy for investors. Financia

Happy Sunday 🐯  A few days ago, Airbnb reported its earnings, and it plunged by 12% after the earnings. So let's take a look at the company's financial report. ABNB Q1 Results + Guidance: First of all, airbnb's revenue and EPS in Q1 this year both performed quite well, with revenue of $182 million, up 20% year-over-year and exceeding expectations of $1.79 billion. They even made their first GAAP profit in Q1, which was $117 million. We will talk more about this later. All in all, the most basic financial data exceeded expectations. And these exceeded expectations are quite normal, most of the company's Q1 are quite good, other hotel travel network's financial reports are also okay. However, Airbnb's earnings report still has a flaw, that is, their bookings were 121 million, up 19% yea

Good afternoon tiger community,  In my view, the analysis of HKEX's 3Q 2023 financial performance reveals a mix of challenges and opportunities in a subdued market environment. This report highlights key aspects of HKEX's performance and its implications. Introduction: Hong Kong Exchanges and Clearing Limited (HKEX) is primarily engaged in stock exchange operations through five business segments. These include the cash segment, equity and financial derivatives segment, commodities segment, clearing segment, and platform and infrastructure segment. Financial Analysis: Record-High Revenues and Strong Profitability In terms of revenue, HKEX reported a robust performance in the third quarter of 2023, with revenues reaching 50.84 billion HKD, representing an 18% year-on-year increase. The

Pharmaceutical giant Pfizer Inc. reported its first quarter 2023 results before the market on Tuesday, May 2, reporting revenue of $18.28 billion for the quarter, still beating previous estimates, despite a sharp decline in revenue related to new crowns. I. Company Profile Pfizer is an international pharmaceutical giant dedicated to the development of healthcare products, with specific businesses in pharmaceuticals, vaccines and consumer health. Second, financial analysis: the period of epidemic windfall passed, revenue and net profit dropped sharply, but better than expected On the revenue side, Pfizer's revenue for the first quarter was $18.28 billion, down 28.8% year-over-year, exceeding previous estimates of $16.6 billion. Pfizer's current revenue composition can be divided into three

Good morning 🐯  Introduction In the beginning of this year, there were claims from various institutions that the current interest rates in the United States had reached a relatively high level, signaling the end of the Federal Reserve's rate-hiking cycle. However, this assertion was soon contradicted. Even when some banks, including Silicon Valley ones, faced liquidity issues due to their asset structures in March and April, it didn't deter the Fed from pursuing its rate hikes.  Although, in its meeting on September 21st, the Federal Open Market Committee decided to maintain the benchmark interest rate within the range of 2.25% to 2.50%, temporarily pausing the rate hikes. Nevertheless, some institutions still anticipate another rate hike from the Fed within this year. The Fundam

Good morning 🐯 community Introduction: In this analysis, we delve into TSMC's (Taiwan Semiconductor Manufacturing Company) Q3 2023 performance report, which was released on October 19, just before the U.S. stock market opened. TSMC is the world's largest semiconductor foundry and a crucial player in the global tech industry. The report reveals some critical insights into TSMC's performance, industry trends, and potential challenges. I. Financial Analysis: Exceeding Expectations - TSMC reported Q3 2023 revenue of 546.73 billion New Taiwan Dollars, a 10.8% decrease year-over-year, but it exceeded expectations. Notably, the quarter saw a significant 13.7% increase in revenue compared to the previous quarter, breaking a trend of three consecutive quarters of revenue decline. - The breakdo

Journey Traveled As the final trading day before New Year's heralded the close of 2023, reflecting on the year's stock market journey, I maintained a relatively low trading frequency in both Hong Kong and U.S. markets. Despite the overall downturn in the Hong Kong stock market, my investments yielded some returns, particularly due to the strong performance of several core positions. Within the Hong Kong stock market, I actively engaged in trades involving stocks such as Xiaomi and NIO, both of which ranked among the top performers in the Chinese concept stocks for the year. Notably, Ideal Auto, a long-term focus, initiated a strong counteroffensive with its L series, achieving significant year-on-year and sequential growth in sales. It has outpaced many peers in gross profit and sales, lea

1. Nio Motors' first-quarter revenue fell short of expectations Nio Motors delivered 31,041 vehicles in the first quarter, including 10,430 premium smart electric SUVs and 20,611 premium smart electric sedans, up 20.5% year-over-year from the first quarter of 2022 and down 22.5% sequentially from the fourth quarter of 2022 (peak quarter). $NIO-SW(09866)$  Operating revenue for the first quarter of 2023 was 10.68 billion yuan, breaking 10 billion for the fourth consecutive quarter, but less than the market's expectation of 12.275 billion yuan and up 8% from 9.911 billion in the first quarter of last year, ranking second among the new car makers "Azure Xiaoli" and lagging behind Ideal Auto's 18.79 billion, starting to fall behind. In term

Good morning 🐯. I. Introduction: Impact of Lithium Carbonate Price Drop The drastic fall in lithium carbonate prices this year has sent shockwaves through the entire upstream sector, reflecting the inevitable repercussions of capacity expansion. While the decline in lithium carbonate prices, a significant cost component in new energy vehicles (NEVs), is expected to lead to lower lithium battery prices and, consequently, affect the entire NEV market, major NEV manufacturers have yet to show substantial price reductions. II. Current Scenario and Market Saturation: The Challenge of Penetration Rates 1. Pricing Trends and Market Saturation: Despite the decline in lithium carbonate prices, most NEV manufacturers have not significantly reduced their vehicle prices. With NEVs often priced in the

TSMC's Q1 results were weak, and the company lowered its full-year revenue growth guidance (expected to decline by mid to low single digits, compared to the previous guidance of a slight increase). However, with the end of inventory depletion in consumer electronics and the probable rebound in server demand, we believe that the recovery of the global semiconductor industry in the second half of the year is more certain, although the overall recovery is weak. After the trough in the first half of the year, TSMC's performance is expected to enter an upward cycle in the next 1.5~2 years, and its performance growth rate is expected to return to 20%+ in 2024, which, coupled with the current low valuation level, will continue to benefit from the double contribution of upward performance + valuat

Good morning Tiger community,  In my analysis of Tesla's Q3 2023 earnings report, I will examine the key financial and operational aspects that shed light on the company's performance. While Tesla has enjoyed a reputation for rapid growth, this quarter presents some challenges that warrant a closer look. I. Financial Analysis: Sluggish Growth in Deliveries and Lower-Than-Expected Revenues and Profits Compared to the previous quarter's robust revenue growth, Tesla reported Q3 2023 revenues of $23.35 billion, representing a 9% year-over-year growth, which is significantly lower than analysts' expectations of a 12% year-over-year increase to $24.06 billion. This slower growth can be attributed to a noticeable decline in the delivery rate of vehicles and a drop in the per-vehicle price. T

I believe that the Hong Kong stock market has reached the bottom and there is no need to panic and sell stocks. Instead, investors can focus on their favorite stocks at this stage. As I think there will be strong support for the Hong Kong stock market when it reaches 20,000 points. Currently, the Hang Seng Index (HSI) is on the verge of reaching this level. What is my strategy? I currently hold stocks, mainly those I bought last year. However, I sold two-thirds of my remaining stocks earlier. Therefore, I have a lot of cash to absorb my favorite stocks. My remaining stocks are mainly Tencent and HKEX. My strategy is to continue to hold them and not to increase my position. I will use a small amount of buying put options as a hedge. Because I have already sold two-thirds of my holdings in t

Let's start with the conclusion. 1. Compared to the December dot plot, we do not see any hint of the Fed turning dovish. 2. The banking crisis does not affect the Fed's tightening attitude. As always, the Fed doesn't know what path it wants to take the U.S. economy down. 4. Ready to start hearing the "stagflation" narrative? 1. Don't see any signs of the Fed turning pivot (Pivot). As expected, the Fed raised rates by one tick in March, raising the benchmark rate to a range of 4.75%-5.00%, in line with Street's expectations, and in line with the expected message, which is usually not too important. Going into this FOMC meeting, I think the worst scenario "is definitely an immediate rate cut" because it means the Fed is likely to see more systemic problems than we see on the outside, which m

The semiconductor industry plays a critical role in the modern economy, powering everything from smartphones and laptops to automobiles and medical equipment. However, this complex ecosystem involves a range of players, including designers, equipment manufacturers, and semiconductor foundries, each with their unique strengths and challenges. For investors, understanding the supply chain is essential to making informed investment decisions. When it comes to the semiconductor supply chain, there are four main components: design software, equipment, design, and manufacturing. The leading players in each of these areas include $Cadence Design(CDNS)$ and $Synopsys(SNPS)$ for design software,

I have great confidence in the future of $SENSETIME-W(00020)$ Shang Tang's business. The feedback from the first half of 2022 did not reflect the actual revenue of Shang Tang, as the epidemic in Shanghai in March and May was basically silent, and many projects were put on hold or postponed, which led to the delay in revenue. In the midst of this epidemic, smart cars and smart life are growing against the trend, which have been discussed before. I believe that other banks will follow suit soon. I believe other banks will follow suit soon. And the recent cooperation with Centaline Property's meta-universe shows that the concept of meta-universe, which everyone is still speculating about, has been commercialized by Shang Tang for a long time. T

Insights: 1. Coca-Cola's performance over the past few quarters indicates steady recovery, supported by its strong moat, providing ample room for price appreciation. 2. As a consumer staple giant, Coca-Cola effectively combats inflationary pressures through pricing strategies, though macroeconomic risks in consumer recovery must be cautiously managed. 3. The stock's continued high volatility over the past two years reflects market uncertainty. Given the current lack of consumer momentum, investors should await more favorable opportunities. Long-term holding is advisable for Coca-Cola investments. Financial Analysis: Revenue Growth Surpasses Expectations, Profit Performance Moderate Revenue: Coca-Cola's revenue for the fourth quarter reached $10.85 billion, a 7.2% year-over-year increase, s

Miss Wood, a keen predictor who loves to predict various things, including inflation trends, investment portfolio returns, and even Bitcoin prices. Recently, she has made a new prediction that the Federal Reserve will stop raising interest rates, and that disruptive innovation stocks will regain their vitality. However, what if her predictions are wrong? We have seen the consequences of her failed inflation trend prediction, where no amount of bargain hunting could make up for the loss of 80% of her portfolio value. When making predictions, it is essential to think about the consequences if they turn out to be wrong. Predicting stock prices or future market trends can create a framing effect that leads to buying at the wrong price and catching falling knives during the wrong times. On the

Good morning 🐯. Financial Analysis: Lackluster Revenue and Cost Control Tactics In the recently released Q3 2023 financial report, Microblogging giant Weibo reported a revenue of $4.42 billion, marking a 2.5% YoY decline. The overall performance lacked significant highlights, compelling the platform to rely on cost control measures to enhance profitability. The core advertising growth remained feeble, lacking competitiveness among major internet companies. Weibo's stock trajectory has been lackluster in recent years, discouraging potential investors. Financial Metrics: Struggling Revenue Growth and Profit Enhancement Weibo's Q3 revenue stagnated at $4.42 billion, a 2.5% YoY decline, mainly attributed to the rise of short-form video platforms like TikTok and Kuaishou. Advertising income, th

On Friday, May 26, before the market, PDD reported its first quarter 2023 results, with strong growth and revenue and adjusted net income well above expectations, and the stock price jumped 18.99%. The financial statement from PDD gives just a few pages, but is a major breakthrough in performance. First, financial analysis: strong growth, revenue and net profit far exceeded expectations Compared to the weak performance of Jingdong and Ali, PDD's performance this time can only be described as explosive, with revenue and adjusted net profit far exceeding expectations, properly beating the first two big brothers. $Pinduoduo Inc.(PDD)$  In terms of revenue, PDD achieved revenue of 37,637.1 million yuan in the first quarter, up 58% year-on-yea