EdRoy
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avatarEdRoy
2023-03-10

Sea Limited (NYSE:SE) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its stake in shares of  $Sea Ltd(SE)$ by 17.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 997,537 shares of the Internet company based in Singapore's stock after selling 209,256 shares during the period. Bank of New York Mellon Corp owned 0.18% of SEA worth $55,911,000 at the end of the most recent reporting period.Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. increased its position in SEA by 2.1% during the third quarter. BlackRock Inc. now owns 15,597,266 shares of the Internet company based in Singapore's stock worth $874,227,000 after purchasing an additional 317,841 shares
Sea Limited (NYSE:SE) Shares Sold by Bank of New York Mellon Corp
avatarEdRoy
2023-03-22
The Fed doesn't have a clue on how to control inflation in a post pandemic economy. Neither do the economists for and against the rate hikes. The economic metrics and indicators have changed from those pre-pandemic. The tried and true models don't work. Price gouging is happening on every level of commerce from a stick of gum to housing.$First Republic Bank(FRC)$
avatarEdRoy
2023-03-21

NVIDIA Stock Price Prediction: Will NVDA Lead In The AI ERA?

NVDA stock price has seen a good week as the stock price has rally of 13%2Technical indicators of NVDA are favoring a consolidation in price. It is currently near $257$NVIDIA Corp(NVDA)$ has been on the tongue of every investor since the AI revolution began. It is a  California-based technology company that has brought revolution in the AI industry.With its powerful graphics processing units (GPUs) and cutting-edge software platforms, NVIDIA has become a leader in the AI industry.NVIDIA is poised to lead the AI revolution as it has a strong dominance in the GPU market.NVIDIA’s GPUs are widely used in AI applications, as they provide superior performance and computational power compared to traditional CPUs. This has made them the go-to choice
NVIDIA Stock Price Prediction: Will NVDA Lead In The AI ERA?
avatarEdRoy
2022-06-01

Pfizer:Opportunity or risk?

$Pfizer(PFE)$ Pfizer Inc. (NYSE:PFE–Get Rating) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 57,670,000 shares, a decrease of 15.2% from the April 30th total of 67,990,000 shares. Based on an average daily trading volume, of 28,010,000 shares, the days-to-cover ratio is presently 2.1 days.Shares ofNYSE:PFEopened at $53.04 on Wednesday. The firm has a 50 day moving average of $51.41 and a 200-day moving average of $52.41. The stock has a market capitalization of $297.60 billion, a PE ratio of 12.17, a PEG ratio of 0.66 and a beta of 0.76. Pfizer has a 12 month low of $38.47 and a 12 month high of $61.71. The company has a current ratio of 1.39, a quick ratio of 1.13 and a debt-to-equity
Pfizer:Opportunity or risk?
avatarEdRoy
2022-06-12

TAL Stock: Is it time to buy?

$TAL Education Group(TAL)$ K-12K-12, a term used in education and educational technology in the United States, Canada, and possibly other countries, is a short form for publicly funded school grades before college. These grades are Kindergarten (K) and Grades 1-12 (1-12). Increased demand from parents for instruments that engage and educate their children, along with the proliferation of smart devices and seamless internet connectivity, as well as increased awareness of the benefits of integrating technology into the entertainment industry. education, are all considered contributing factors.TALTAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students coveri
TAL Stock: Is it time to buy?
avatarEdRoy
2022-07-03
$TENCENT(00700)$  Vue Vlog, a short video app owned by Tencent Holdings, said it will cease operations in September, bowing out of a competitive market in China dominated by bigger players such as Tencent’s in-house short video service, ByteDance’s Douyin and Kuaishou Technology.The decision came just a day after Bilibili, the gaming and video-streaming platform, decided to close its short video app Light Video, citing the need for a business restructuring. The closures came at a time when China’s Big Tech firms are consolidating amid a slowing and competitive market.
avatarEdRoy
2023-03-09

SoundHound AI Inc. (SOUN) Shares Down Despite Recent Market Volatility

$SoundHound AI Inc(SOUN)$ ’s stock price has decreased by -22.07 compared to its previous closing price of 3.33. However, the company has experienced a -7.98% decline in its stock price over the last five trading sessions.Barron’sreported 4 hours ago that SoundHound Shares Drop After Earnings as AI Stocks Hit an Air PocketIs It Worth Investing in SoundHound Right Now?Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”The average price suggested by analysts for SOUN is $4.23, which is $1.1 above the current market price. The public float for SOUN is 158.24M, and currently, shorts hold a 9.04% of that float. The average trading volume for SOUN on March 09, 2023 wa
SoundHound AI Inc. (SOUN) Shares Down Despite Recent Market Volatility
avatarEdRoy
2023-03-15

Resumption of Trading for Ambipar Emergency Response after Circuit Breaker Halt

Following a circuit breaker halt,Ambipar EmergencyResponse’s shares have now resumed trading. Circuit breakers are a protective mechanism in the stock market that are triggered during times of extreme market volatility or technical issues. The temporary halt in trading allows investors to reassess the market conditions and make informed decisions without the pressure of continuous trading.Once the circuit breaker is triggered, trading is paused for a brief period, usually 15 minutes, to allow investors to digest the information and react accordingly. Once the pause is over, trading can resume, but the price of the stock may open at a different level than before the halt due to changes in market conditions.Circuit breakers are an essential safeguard in the stock market, helping to prevent m
Resumption of Trading for Ambipar Emergency Response after Circuit Breaker Halt
avatarEdRoy
2022-06-06

Alibaba bear: Most accurate analyst maintains sell rating

$Alibaba(BABA)$Alibaba bear: most accurate analyst maintains sell rating, says earnings outlook dire for internet giant and peers like Tencent. An analyst whose calls on Alibaba beat 67 peers over the last year cut his price target for the tech giant’s stock by 15 per cent despite its recent positive results The next quarter will be very challenging as the impact of Covid-19 lockdowns on consumer spending and advertising budgets becomes clear, he says AlibabaThe mascot for Alibaba Group Holding’s Taobao e-commerce platform near the company’s headquarters in Hangzhou on February 21, 2022. Photo: BloombergThe most accurate analyst trackingAlibaba Group Holdingover the past year has maintained his bearish call on the e-commerce juggernaut and other Chin
Alibaba bear: Most accurate analyst maintains sell rating
avatarEdRoy
2022-06-12
$TAL Education Group(TAL)$ 43.8% of TAL Education Group shares are owned by institutional investors. 1.8% of TAL Education Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
avatarEdRoy
2022-09-05
$bioAffinity Technologies, Inc.(BIAF)$ man they sold way to early I think. Lol. I believe this is over sold. Will turnaround and fly. Hourly chart oversold facing upward last two hours. Wait for a bounce, average cost over 10 now. Outstanding shares, shows 1.29 mil. And 4 mil. Shows somewhere else lol either way it's super low. Could take of on any good news or price targets from the securities.
avatarEdRoy
2023-03-13
Banks are not touching Crypto, unstable and RISKY. The technology will be used one day when old and conservative banks are being replaced with fresh new generations of skilful people. Give crypto 20 years.... Invest in tangible stocks like FFIE, at least we know FF91 is being launched in the US and China. BIG times ahead for FF. Bargain prices today - thanks again to shorting , they are so nervous these days, most of their funding links into the banking world.FF shorting dropped nearly 4% on Friday, long term investors are clear winners. Success ahead$Faraday Future Intelligent Electric Inc.(FFIE)$
avatarEdRoy
2022-05-26

OCBC Bank :SMS scam and S$330m

$OVERSEA-CHINESE BANKING CORP(O39.SI)$ MAS slaps additional S$330m capital requirement on OCBC over its response to SMS scams.SMS phishing scams THE Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of about S$330 million on OCBC Bank for its deficiencies in responding to a wave of spoofed SMS phishing scams in December 2021. OCBC engaged PricewaterhouseCoopers Risk Services to do a “special review” of its fraud surveillance systems and management processes after nearly 800 of its customers fell prey to SMS phishing scams involving the bank last year. The independent review, which also covered recommendations for improvements, has been completed. Total losses from the scam amounted toS$13.7 million.
OCBC Bank :SMS scam and S$330m
avatarEdRoy
2022-08-15

PayPal shares are rising again. Is now the time to buy?

$PayPal(PYPL)$Image source: Getty ImagesTo say that PayPal(NASDAQ: PYPL)shares – which I own in my own portfolio – have been a disappointing investment over the last year would be an understatement. This time last year, the FinTech stock was trading near $275. Today, however, the share price is near $100.Recently however, PayPal shares have started to experience a bit of a rebound. It seems that, finally, sentiment towards the stock is improving. Is now the time to buy more PayPal stock for my portfolio then? Let’s take a look.PayPal shares: time to buy?PayPal’s recent Q2 results, posted earlier this month, were pretty solid, to my mind. For the period, net revenue amounted to $6.8bn, up 10% year-on-year on an FX-neutral (FXN) basis.Meanwhile, n
PayPal shares are rising again. Is now the time to buy?
avatarEdRoy
2022-08-26
$Coinbase Global, Inc.(COIN)$ COIN stock closed at $71.37 and is down -$1.00 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. COIN has a roughly average overall score of 37 meaning the stock holds a better value than 37% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. COIN gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading patter
avatarEdRoy
2023-02-23
PayPal Leads $20 Million Chaos Labs Funding. And about Chaos Labs, a provider of automated economic security solutions for crypto protocols, has raised $20 million in seed funding. Galaxy and PayPal Venture, the VC arm of global payments processing giant PayPal, led the round. Coinbase, Uniswap, Lightspeed, Bessemer, Hashkey were among the other institutional contributors. In addition, there were six angel investors. Chaos Labs plans to use the funds to develop new services and increase the variety of security and risk management products it offers.$PayPal(PYPL)$
avatarEdRoy
2022-08-05

GameStop Looks Nothing Like It Did 10 Years Ago

$GameStop(GME)$ The gaming space has always been a unique part of the media world. Consuming digital content through streaming services is the norm these days, but it wasn't always this way. A decade ago, the world was climbing back out of the massive recession spawned by a housing market collapse (via Investopedia) and a fiscal cliff in 2012, according to The Atlantic. The economic and social landscape looked a lot different back then, but some things were kicking into motion that would come to wholly characterize the future.Netflix experienced a surge in stock valuation moving into 2013, according to Forbes, and by all accounts really hasn't looked back since. Likewise, Spotify launched in the United States in July 2011 (via Fast Company) and has si
GameStop Looks Nothing Like It Did 10 Years Ago
avatarEdRoy
2022-06-26
$SINGAPORE AIRLINES LTD(C6L.SI)$  Singapore Airlines, or SIA, needs no introduction as Singapore’s national carrier. The airline is currently benefiting from higher passenger numbers due to pent-up travel demand as borders around the world continue to reopen. In its latest operating report, the group reported that it carried a total of 1.45 million passengers in April 2022, 62.7% higher than the previous month and over 13 times higher than April 2021. SIA expects that passenger capacity will continue to increase as it works to meet pent up demand for travel.
avatarEdRoy
2022-08-24
$Micron Technology(MU)$ Huntington National Bank lifted its holdings in Micron Technology, Inc. (NASDAQ:MU–Get Rating) by 9.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 3,421 shares of the semiconductor manufacturer’s stock after purchasing an additional 300 shares during the quarter. Huntington National Bank’s holdings in Micron Technology were worth $266,000 as of its most recent SEC filing.Several other institutional investors and hedge funds have also modified their holdings of MU. State Street Corp lifted its stake in Micron Technology by 2.4% in the 4th quarter. State Street Corp now owns 47,336,782 shares of the semiconductor manufacturer’s stock valued at $4,414,090,000 after acquiring an additiona
avatarEdRoy
2022-08-23

Why Meta Platforms Stock Flopped on Friday

$Meta Platforms, Inc.(META)$ What happenedThe king of social media wasn't looking so regal at the end of the trading week.Meta Platforms(META0.03%)took a nearly 4% hit to its share price that day, on the back of a price-target cut from a prominent investment bank, plus a rival's poach of a veteran executive.So whatThat morning,Morgan Stanleyanalyst Brian Nowak whipped out his scissors for a dramatic cut on Meta stock. Nowak reduced his price target to $225 per share from the previous $280. That doesn't make him a Meta bear, though, as he's maintaining his overweight (i.e., buy) recommendation on the stock.The prognosticator's main concerns are the drops in engagement and a focus on Reels, which the company launched globally in February for users of F
Why Meta Platforms Stock Flopped on Friday

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