@ysawm:Xiaomi's Profitability: Xiaomi, the Chinese tech giant, has been a stock that I've held in my portfolio for quite some time. Over the past year, I've seen some significant gains in this company's stock. The smartphone manufacturer's relentless innovation and expansion into various tech sectors, such as smart home devices and electric vehicles, have been key drivers of its success. Their consistent growth and impressive earnings reports have been a pleasant surprise. So, to answer the first question, yes, my Xiaomi holdings have indeed been profitable. My Bullish China Stock: Among the myriad of Chinese stocks, one that I've remained particularly bullish on is Tencent. Tencent, with its dominant position in the gaming industry, vast social media platforms, and investments in cutting-edge te
k//@KYHBKO:Ever wonder why Tesla has been cutting prices? On 19 April 2023, Reuters cut US prices for the 6th time this year as per the news article above. It is interesting why Tesla would make this move when they can maintain the price to profit more. An extract from a recent FT news article dated 20 Apr 2023: Elon Musk has indicated he is willing to sacrifice Tesla’s profits in the short term in an aggressive push for market share, with the aim of making more money later when the company’s cars are fully autonomous and can earn extra fees by operating as “robotaxis”. The Tesla chief executive’s unconventional justification for why shareholders should stomach lower profits came as the US electric-car maker reported that price cuts th
@KYHBKO:Scale Economics Shared (SES) - from Nick Sleep to Elon?