To The Moon

$IFAST CORPORATION LTD.(AIY.SI)$ keep & hold for long term. [Call] [Call] Weighed down by negative market environment and a $5.2 million impairment from its exit from India, iFast Corporation’s AIY 0.37% net profit decreased 79.0% y-o-y to $6.42 million for FY2022 ended December. The Group’s total revenue dropped 11.3% y-o-y to $48.53 million in 4QFY2022 and decreased 3.7% YoY to $208.87 million in FY2022. For 4QFY2022, iFast posted a 82% y-o-y drop in net profit to $1.3 million, while revenue fell 13% y-o-y to $47.4 million. “The Group’s profitability declined substantially in 2022 as a result of the strategic investments that the Group has made, preparations for the Hong Kong ePension di

Advanced Micro Devices Chief Executive Lisa Su says the PC market is about to bottom out for the chip supplier. "We do believe the first quarter is the bottom for our PC market," Ms. Su said on an earnings call after the chip company reported fourth-quarter results. PC shipments have slumped sharply after a surge early in the pandemic. PC shipments fell 28.5% in the final quarter of last year, research firm Gartner said, the worst retreat since it began tracking the market in the 1990s. "We'll see some growth in the second quarter and then a seasonally higher second half," Ms. Su said. AMD said its client segment, which houses PC-linked business, saw a 51% decline from the year-earlier period to $903 million in sales. The company said that reflected both a weak PC market and "significant i

$Alibaba(BABA)$ Alibaba (NYSE:BABA ) last released its quarterly earnings results on November 17th. It reported $1.50 earnings per share for the quarter, beating analysts' consensus estimates of $1.37 by $0.13. The business had revenue of $29.12 billion for the quarter, compared to the consensus estimate of $31.07 billion. Alibaba Group had a return on equity of 10.61% and a net margin of 0.88%. On average, equities analysts predict that Alibaba Group will post 5.87 earnings per share for the current fiscal year

Happy new year! Summary of the week: The first week of the year ends with a rally to end with a weekly gain. $DJIA(.DJI)$ rose 2.1% on the day, with a 1.5% gain for the week. $S&P 500(.SPX)$ rose 2.3%, and 1.4% on the week. $NASDAQ(.IXIC)$ rose 2.6%, locking in a 1% gain for the week. Volatility could therefore continue while technology stocks remain under pressure. Events: NFP It all started with a well-received monthly employment report... The rally came after the Labor Department said the US economy added 223,000 jobs in December. The figure was above economists' expectations but would still s

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ 4 million battery swaps since 2021. Nio will have 4000 battery swapping stations by 2025 with 1000 outside China. With the new NIO battery, you can upgrade or downgrade your battery. That means your battery lease cost can go down if you don`t drive that many miles. What a sweet ride. Not a piece of TSLA$Tesla Motors(TSLA)$. Commercial of the future. China astronauts drive a NIO on the moon, and you can too. NIO is out of this world. Buy one today. GO NIO! Building a better world for tomorrow.