To The Moon

Intel is expected to post a decline in adjusted profit when it reports earnings Thursday, and job cuts reportedly are on the horizon. Is Intel Corp. in "no man's land," or can the beleaguered semiconductor company get back on track?The company could make some moves soon to try and improve its positioning in the eyes of investors. Those may include sizable job cuts, with Bloomberg News reporting that the company plans to eliminate thousands of roles in a cost-cutting drive. . Intel shares have been under pressure this year. Down 40% so far in 2024, they're among the worst performers in the S&P 500 SPX and the worst performer in the Dow Jones Industrial Average DJIA. And while semiconductor stocks in general have pulled back in recent weeks, Intel's stock has drawn investors' doubts for months - in light of concerns about the company's product positioning and the prospect of steep manufacturing losses going out numerous years.When Intel reports second-quarter earnings on Thursday aftern

My investing muse - when an earnings beat does not imply that the business is getting better, interest rate, PCE & Tesla The above is the recent history of earnings forecast of AMD covering EPS and revenue. For the history above, we can notice that the single best quarter for AMD was the quarter ending June 2022 when the earnings beat both EPS and revenue forecast. In fact, it was the recent quarterly high for revenue at 6.55B and one of the highest quarterly EPS at 1.05. For the following quarters, the forecast for both EPS and revenue has not matched this Q2/2022 peak. This means that a double beat does not always mean that it is doing better than previous earnings. Bringing down the estimate is one of the ways to achieve an earnings beat. Ideally, we are hoping that there will be a

Public Holidays No public holidays for Hong Kong, Singapore the US & China in the coming week. Economic Calendar (24Jul2023) Economic Calendar for the week starting 24 Jul 2023 Notable Highlights Fed interest rate decision should be the most watched macro news for the coming week. With the Fed predicting another 2 more interest rate hikes, it is speculated that the market is expecting a rate hike of 25bps. How will the market respond to this? The tone of the speech during the announcement may be a key reference. If the tone is largely hawkish, the market may not respond kindly to this. PCE - This is the Fed’s preferred indicator coming to inflation and the forecast (MoM) is a persistent 0.2% growth. This is an important data point as the Fed uses this as an important reference for the

Public Holidays No public holidays for Hong Kong, Singapore the US & China in the coming week. Economic Calendar (24Jul2023) Economic Calendar for the week starting 24 Jul 2023 Notable Highlights Fed interest rate decision should be the most watched macro news for the coming week. With the Fed predicting another 2 more interest rate hikes, it is speculated that the market is expecting a rate hike of 25bps. How will the market respond to this? The tone of the speech during the announcement may be a key reference. If the tone is largely hawkish, the market may not respond kindly to this. PCE - This is the Fed’s preferred indicator coming to inflation and the forecast (MoM) is a persistent 0.2% growth. This is an important data point as the Fed uses this as an important reference for the

$Tesla Motors(TSLA)$ released its Q2 2023 earnings on Wed 19 Jul 2023 after US market closed. This was followed by a press conference to answer queries that analysts, wall street professionals may have. Reactions on the following 2 days - Thu, 20 Jul & Fri, 21 Jul best summed up Wall Street sentiments. They did not like all the negatives stemming from the clarifications session. Does this signal the beginning of another Tesla correction? Below are some possible catalysts that I think might spur decline: (1) Q3 2023 EV volume will be reduced. During Q2 earnings press conference, mr musk announced that in Q3 2023, the giga factories will shutdown for factory improvements. (see above). Meaning output and delivery will be affected. Coupled with co

$Tesla Motors(TSLA)$ fell over 2% in premarket trading.It has started offering consumers 84-month auto loans after Elon Musk said the carmaker would “have to do something” about rising interest rates.

Carmaker missed on margins while beating earnings estimatesElon Musk-led Tesla is pouring money into AI, new CybertruckTesla Inc.’s profitability shrank in the second quarter, showing the electric-veh