Chinese electric vehicle (EV) stocks aren't doing so hot today. Macroeconomic factors also aren't helping matters. Source: Ilija Erceg / ShutterstockChinese electric vehicle (EV) stocks are slipping on Tuesday asmacroeconomic factors affect the companiesalongside lockdown news.First off, note that the economy is still suffering as a recession, inflation and rising interest rates weigh on markets. However, that’s not all of the bad news that companies in China are dealing with today.A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country.The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy.Let’s see how this news
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$PDD Holdings Inc(PDD)$
$SUPER MICRO COMPUTER INC(SMCI)$ Wall Street got the maximum it wanted from FED, 0.5% cut and is still not satisfied today. It’s a joke, and a trap if you sell. This couldn’t be negative but positive, even if it were a 0.25% cut.
$NVIDIA Corp(NVDA)$
$Taiwan Semiconductor Manufacturing(TSM)$
$ARM Holdings Ltd(ARM)$ We see approximately 13 U$ shaved off Arm Holdings valuation on very low volume of 5 or 6 million shares off last Friday's session high. This rapid retracement on low volume brings the valuation back into the 121-141 range. I would imagine the business's that order chips using Arm's designs would benefit from a target rate reduction this Wednesday after the FOMC meeting press conference.
$AST SpaceMobile, Inc.(ASTS)$ Abel said, gov is first out testing.Gov contracts typically has milestone payments, just FYISuch as on delivery to launch site, on successful orbital insertion, on development/ going operational, on tests started, on successful test, etc.
$GameStop(GME)$ One last thing. Just ran Gamestop with my code, and got a cumulative score of 7.57 for it. The scale runs -10 to +10. That's high. That's Technical Analysis, Fundamental Analysis and Momentum all drilled down to a single score. [After downloading the data, the code proceeds to calculate indicators (7DMA, 35DMA, RSI, ATR), all based on the most up-to-date data, including today's closing prices.] So cheer up. Charts are going up in a few minutes.
$ARM Holdings Ltd(ARM)$ Will I have to roll them to the Nov 15 $150's for another .77 premium credit? That would be a $19 point increase in the shares plus another $5.22 in call premiums for about a two month period from 9/4 to 11/15. That wouldn't be bad either.
$Amazon.com(AMZN)$
$Grab Holdings(GRAB)$ Looks like the stock may experience a strong rally chart confirms. We alerted the BUY signal at $3.08 and we were able to close this one with profit at $3.34🤙
Why Are Chinese EV Stocks XPEV, LI, NIO Down?
Why Are Chinese EV Stocks XPEV, LI, NIO Down?
Just imagine what the P/E ratio would be if you actually earned a quarterly profit ?$497 M in revenue, let's be generous and say 30% profit margin = $149 M profit.149 x 4 = $596 M annual profit.Let's presume the revenue keeps ramping up, and the annual profit is somehow $1 B.P/E ratio = 60 on today's market cap.That is no bargain, not even for 'hybrid cloud' or whatever 'software' this is.$Snowflake(SNOW)$
$AMC Entertainment(AMC)$ Fans ofAMC Entertainment(NYSE:AMC) stock will want to keep an eye on the company come Sept. 3 as it prepares fora special theater event.AMC Entertainment, alongside several other theater chains, plans to offer special pricing to customers on Sept. 3. This is part of a National Cinema Day celebration that will allow moviegoers to get tickets for just $3.The idea behind this deal is that it will bring people back to theaters. While movies have been performing better than they were during Covid-19 lockdowns, recovery isn’t complete yet. Offering up cheap tickets to get people to experience seeing a movie in theaters again may be just the way to solve that.
Unity Software: The Cathie Wood Stock to Buy on the Dip
Unity Software (U)The brief description ofUnity Software(NYSE:U) is that it provides software to create 2D and 3D gaming content spanning the spectrum from mobile gaming to augmented and virtual reality devices.Those last few words provide a clue as to why it has lost more than 50% of its value year-to-date: The metaverse has cooled. At least that’s the general feeling across the market.But a report by McKinsey & Co. published in June says otherwise. The noted consulting firm estimates that the metaversecould reach $5 trillionin value by 2030. But while the market momentarily cools asMeta Platforms’(NASDAQ:META) troubles affect the metaverse at large, trends remain clear: The metaverse is here to stay.That means that Unity Software and U stock aren’t simply pandemic darlings. Rather, t
Sea Limited (SE) Stock Dives 10% on Earnings Miss
Shares of technology conglomerateSea Limited(SE) fell to double-digit losses on Tuesday. The Singapore-based company posted a far bigger adjusted earnings loss than analysts anticipated. Fears of a global recession undercut the otherwise relevant SE stock. Recession fears don’t represent an exclusive domain of American investors, as Singapore-basedSea Limited(NYSE:SE) fell sharply amid rising pressures. The technology conglomerate posted itsfinancial results for the second quarter, notably producing an adjusted earnings loss below expectations. Sea joins other e-commerce firms attempting to navigate an ambiguous global economic outlook. SE stock dipped 10% before extending the red ink further in the afternoon session.For the June quarter, Sea posted an adjusted loss before interest, taxes,
Sea Limited (SE) Stock Dives 10% on Earnings Miss
$Unity Biotechnology(UBX)$One of the reasons for the rise in healthcare spending comes down to longevity. Aging and staying alive longer creates a lot of problems for people. The forefront of this could be newly IPO’d Unity Biotechnology Inc (NASDAQ:UBX).Unity is a very early stage clinical biotech — the opposite of previously mentionedMorphoSys.But its approach seems worthy of a portfolio position. UBX is developing so-called senolytic therapies to treat age-related diseases. These medicines selectively induce the death of senescent cells. Senescent cells are those that have stop dividing. For age-related disorders, this is fertile ground for treatment. By blocking these cells, Unity hopes to halt various age-related diseases.
$Shopify(SHOP)$Shopify(NYSE:SHOP) is a controversial name. The stock has fallen over 80% from its all-time high, and the firm has not reported good news in recent weeks. It acknowledged that it misjudged the environment and hired too many employees.Shopify also reported disappointing quarterly results in late July, missing analysts’ average earnings and revenue estimates. The company reported a small, surprise loss, too.
Occidental Petroleum：The Reddit Stock to Buy on the Dip
Investors looking to understand the overall picture aroundRedditstocks should considerApeWisdom.The website tracks trends surrounding popular stocks that are gaining or already have lots of traction on the aggregation and discussion social media platform.So, it’s a great first stop when considering which Reddit stocks to buy on the dip.It really depends on the risk tolerance of the individual who uses Reddit for investment advice, but these stocks can be a mixed bag. Speculation is rampant on the site. That means risk-tolerant investors can easily find riskier picks on the site.But at the same time, there is plenty of more moderate advice to be found as well. That’s mostly what is included in this list, because predicting the nextAMTD Digital(NYSE:HKD) is exceedingly difficult. That said,
Occidental Petroleum：The Reddit Stock to Buy on the Dip
What Is Going on With Cannabis Stocks TLRY, CGC, SNDL Today?
Cannabis companies are seeing their stocks rise across the board. It seemsSundial’s(SNDL) recent earnings beat and promising comments fromTilray’s(TLRY) CEO have investors confident. TLRY and SNDL are both up around 6%, whileCanopy Growth(CGC) enjoys a massive 16% jump. Cannabis stocks are the talk of Wall Street today as a number of these green producers produced healthy gains. It seemsSundial’s(NASDAQ:SNDL) earnings beat and new, promising comments from theTilray(NASDAQ:TLRY) chief executive have investors hopeful for the burgeoning industry.So, what is going on with marijuana stocks today?Well, first up is Sundial. The Canada-based cannabis and alcohol producer released its second quarterearnings resultsthis morning. The company managed to surpass revenue expectations, announcing surpri
What Is Going on With Cannabis Stocks TLRY, CGC, SNDL Today?
As of May 9, Rivian had 90,000 preorders for its R1 vehicles. As of June 30, it had produced 8,000 vehicles. The preorders do not include a 100,000 vehicle order fromAmazon(NASDAQ:AMZN), which is set to be completed by 2030.For Q2, analysts expect the company to post revenue of$337.98 million. The low estimate falls at $294.2 million, while the high estimate is $378 million. Meanwhile, analysts expect an earnings per share (EPS) loss of $1.63, with the low and high estimates at a loss of $1.93 and $1.46, respectively.$Rivian Automotive, Inc.(RIVN)$
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