To The Moon

$Sea Ltd(SE)$ gained more than 17% last week since Indonesia first announced rules that took immediate effect to prohibit social commerce companies from facilitating direct e-commerce payments on their platforms. This has dealt a major blow to Sea’s greatest competitor TikTok Shop in Indonesia, where it is the social media’s largest market for its e-commerce feature. TikTok is required to segregate its e-commerce feature from its popular video-scrolling service, non-compliance of which will risk being barred from business in the country. TikTok Shop has been fast growing popularity among a young, flourishing fan base in Indonesia that is Southeast Asia’s biggest e-commerce market, and has been posing increasingly

Honestly, I was not surprised when I came across the below post. Out of curiosity, I pressed on to find out more. Is it any wonder to find that Ms Cathie Wood’s most popular ETF $ARK Innovation ETF(ARKK)$ has crashed out of the Top 10 ETF ranking. To be nitpickingly accurate, it is out of the Top 15 ranking actually. ARKK is ranked #17. Root cause (of course) is due to Ms Woods’ selection of fast-plunging stocks in and out of the S&P 500. Below are stocks in ARKK holdings that have fallen more than -30%: $Invitae(NVTA)$ - healthcare stock. $2U(TWOU)$ $Cerus(CERS)$ - healthcare stock. Block ($SQ) - fintech. Do not be

The Battle Unfolds for FTC vs. Amazon $Amazon.com(AMZN)$ , the e-commerce behemoth with a market cap surpassing $1.3 trillion, found itself in the spotlight as the U.S. Federal Trade Commission (FTC) launched a significant antitrust lawsuit against the company. The allegations revolve around Amazon's alleged monopolistic practices. But what does this legal battle mean for Amazon's stock, and how might it shape the company's future? Let's explore this development and analyze its potential impact from my personal viewpoint. The FTC's Antitrust Lawsuit The FTC's complaint contends that Amazon has wielded "monopoly power" by employing anticompetitive and unfair practices. Specifically, the lawsuit accuses Amazon of