DesmondPoh

    • DesmondPohDesmondPoh
      ·2021-06-30
      I still have my doubts about the scalability of BaaS especially with the battery shortage and the Capex required to expand worldwide.

      NIO: The Path To A $1 Trillion Valuation

      NIO is known by many as a large cap Chinese electric vehicle company.However, it is actually much more than that and possesses several key competitive advantages.We discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.NIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart "cockpits.". Given that the mobility industry is becoming increasingly software-driven,
      NIO: The Path To A $1 Trillion Valuation
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    • DesmondPohDesmondPoh
      ·2021-06-30
      Let’s go! ???

      Tech stocks propel S&P 500, Nasdaq to fresh highs

      The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab
      Tech stocks propel S&P 500, Nasdaq to fresh highs
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    • DesmondPohDesmondPoh
      ·2021-06-30
      I agree, fintech companies like Square and Paypal would definitely continue to grow in the future as they provide an alternative and bring more convenience to consumers

      Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS

      UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and
      Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS
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    • DesmondPohDesmondPoh
      ·2021-06-29
      Meme stocks probably suits people looking for fast cash, not really suited for me. I prefer companies that I have conviction in for the longterm

      Meme stocks are blazing hot, once again.

      Meme stocks are blazing hot, once again.CCIV,Workhorse,GameStop,AMC and Bed Bath & Beyond climbed be
      Meme stocks are blazing hot, once again.
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    • DesmondPohDesmondPoh
      ·2021-06-29
      Does seem like interesting companies to keepa look out for! Shall add them to my watchlist and find out more about the companies. Which are you already invested in?

      7 Growth Stocks to Buy and Hold for a Golden Retirement

      These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growi
      7 Growth Stocks to Buy and Hold for a Golden Retirement
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    • DesmondPohDesmondPoh
      ·2021-06-29
      Which one of these do you own? Share with me and your reason why! For me it’s only SE, but I’m really looking into Nio! 

      These Are 5 of the Fastest-Growing Large-Cap Stocks on the Planet

      Sales for these companies should skyrocket between 400% and 1,118% over the next four years.
      These Are 5 of the Fastest-Growing Large-Cap Stocks on the Planet
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    • DesmondPohDesmondPoh
      ·2021-06-29
      Almost all my stocks are tech related, who else? 

      Tech stock rally sends S&P and Nasdaq to record highs

      - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.In contrast, cycl
      Tech stock rally sends S&P and Nasdaq to record highs
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    • DesmondPohDesmondPoh
      ·2021-06-28
      Crypto is indeed very volatile. If you believe in its future, remember to take the opportunity to buy in on the red days!

      Crypto stocks follow the rise of Bitcoin in premarket trading

      Crypto stocks follow the rise of Bitcoin in premarket trading.Bitcoin stands at 35,000 USD per coin,
      Crypto stocks follow the rise of Bitcoin in premarket trading
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    • DesmondPohDesmondPoh
      ·2021-06-27
      GME is really progressing as a growing company. I won’t be surprised if it can continue to grow till it enters the S&P 500 eventually.

      GameStop Joined the Russell 1000. The Move Might Hurt the Stock.

      The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.The videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.As one of the stocks favored by retail traders this year, GameStop met that thresho
      GameStop Joined the Russell 1000. The Move Might Hurt the Stock.
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    • DesmondPohDesmondPoh
      ·2021-06-27
      The EV market will definitely grow. I agree with the conclusion, Nio is a good company with room for growth. But if you want a more stable company, you should just go for Ford.

      Ford Or NIO? The Final Verdict

      I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford launching a major offensive in the market for electric vehicles, Chinese EV maker NIO will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based
      Ford Or NIO? The Final Verdict
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