To The Moon

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Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increaseNon-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year recor

The Labor Department said on Thursday that initial claims for state unemployment benefits rose to an adjusted 239,000 last week, below market expectations of 240,000 and down from a revised 250,000. The number of people continuing to collect unemployment benefits last week came in at 1.716 million, below market expectations of 1.7 million and up from 1.84 million. Overall, the job market remains resilient.In political and economic news, minutes of the Federal Reserve's July meeting released on Wednesday showed that most officials pointed to significant upside risks to inflation that could warrant further tightening of monetary policy, and the market expects Fed Chair Jerome Bauer to make similar comments at the annual meeting of global central banks next week.Markets await next week's annu

I think it is really risky to invest in Chinese stocks in the current climate. There I said it! When I mention “Chinese stocks”, I refer to stocks from both China and Hong Kong exchanges. Both China and Hong Kong economies are in a doldrum to put it mildly. This alone makes investment risky, when any economy is faltering due to many reasons. If you have been keeping up with the news coming out from China, you will concur too. (1) Property Market Crisis. China property market is facing a major crisis. Many developers (state backed and private) are roiling the nation’s dollar-bond market and adding to concerns about the health of China, the world’s second-largest economy. This includes Country Garden (latest developer) seeking delay payment (for another 3 years) on a private onshore bond f

The electric vehicle (EV) industry is undeniably one of the most promising sectors in today's market, with companies racing to secure their place in the future of transportation. Amidst this fervor, $VinFast Auto(VFS)$, a Vietnamese electric automaker, made a grand entrance onto the Nasdaq, sending shockwaves through the financial world. However, as the dust settles, concerns emerge about the company's rapid rise and the potential dangers that lie beneath. VinFast began trading on the Nasdaq Tuesday. VinFast's debut was nothing short of spectacular. The company surged an astounding 255% on a trading day, capturing attention and amassing a market capitalization that momentarily surpassed established giants like $

On Thursday, three major US stock indexes collectively closed higher. At the close, $S&P 500(.SPX)$ settled at 4293.93, rebounding 20% from its low point in October 2022, entering a technical bull market. It also signalled the ending of the longest $S&P 500(.SPX)$ bear market since the 1940s. Tech sector rally end the second longest bear marketThe S&P 500 index has been in bear market territory for 244 trading days, marking the longest duration since May 15, 1948. That year, the bear market lasted for 484 trading days. Historically, bear markets have an average duration of 142 trading days.S&P 500 index has risen 11.5% year-to-date, but a large portion of the gains are attributed to surges

Hi Tigers,Welcome to Quantitative Picker a Fundamental stock picking strategies column based on the function of “Screener“ of Tiger Trade.Fundamental stock picking refers to the process of selecting and analyzing various stocks in the market involves analyzing a company’s financial data, management capabilities, and market outlook to determine its investment value and etc.In this new column, we will lead you to learn different types of strategies to good companies, welcome your support and expect you to share in return of your great strategies.Stock Selection Criteria - Follow The Fundamental Analysis Of StocksEpisode 1：Growth Technology StocksQuarterly Revenue Growth YoY %: 25% to 50% and 50% to 100% and > 100%,1 yr. % Change in EPS (Basic): 25% to 50% and 50% to 100% and > 100%,Sec