The last time I wrote about Huya was back in June when I took a position at approximately below $15.You can view the article here if you are interested.Since then, the company has plunged due to the fear over regulation on gaming which has also impacted other gaming companies such as Douyu and Tencent.This article will be focusing mainly on the Q2 earnings which they’ve just announced and the highlights that investors should look upon.Q2 FY2021 Earnings Takeaway:Let’s first update our spreadsheet on the key metrics that everyone is interested about.Total MAU and Mobile MAU increased slightly from the previous quarter and YoY comparison.Average mobile MAU is now at 77.6m users while paying users have declined to 5.6m, which is the lowest since Q1 2020. This is not a good sign and
I do agree with the comment that some investors are indeed put off by Tesla CEO’s playing up prices of bitcoin and dogecoin by his tweets.
Why Tesla stock is getting left in Ford's and GM's dust
New York Tesla had a stellar 2020: The electric car maker was added to the S&P 500 and the stock surged an electrifying 743%. But some investors have pulled the plug on the company lately.Tesla shares are nearly 25% below their all-time high set earlier in the year, and down 2% for 2021 to date -— a time when traditional automakers are surging as they ramp up electric vehicle ambitions.It seems investors are a bit infatuated with these legacy Big 3 automakers as they look to rapidly expand thei
The competitive advantage for onlineshopping players is how fast they cantransform their platforms with the most advanced technology.
Shopify: Valuation Should Not Be A Concern
Shopify is a leading merchant platform empowering mostly small online retailers.Shopify is set to grow revenues to $5b by 2023.Fulfillment center strategy makes Shopify a long-term threat to Amazon.Shopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.Shopify is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify i
Alibaba Stock: The Bottoming Process Looks To Be Forming Already
Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the