To The Moon

In the sparkling year of 2023, what achievements are you proud of?Have you amassed considerable wealth through investments in Tiger? What insights can you share about your investment journey? Show your trades!What Tiger merchandise have you received? Growing Together with the Tiger.Received any delightful New Year gifts? Share your good fortune and spread joy!Wishing all Tigers a prosperous Year of the Dragon! Huat ah in 2024!📒 How to participate?Leave a comment in the section below sharing your achievements.Don't forget to tag your friends, inviting them to join this activity.⏰ Event Duration17 February 2024- 23 February 2024🎁RewardsAll Tigers who leave a comment in this post will receive 10 Tiger Coins.💰💰💰Popular Tiger: One Tiger with the most likes in the comments section will receive a

Retail sales figures have shaken expectations of a "soft landing" for the US economy. On Thursday, the Commerce Department reported that retail sales growth fell 0.8% in January, the biggest monthly decline since March last year and well below economists' expectations of -0.2%, mainly because of lower receipts at car dealerships and gas stations, and the market did not expect a rate cut until June. Still, the labor market continues to show signs of strengthening. After the data, Goldman Sachs cut its forecast for first-quarter U.S. economic growth to 2.5 percent from 2.9 percent previously.Federal Reserve Governor Bill Waller predicted Thursday that the U.S. dollar won't lose its status as the world's reserve currency anytime soon, and that while recent developments may threaten that posit

Is there a storm at the horizon, awaiting Google? There is, according to the Business Today post dated 15 Feb 2024. (see below) What happened on Thu, 15 Feb 2024? $Alphabet(GOOG)$ sank after a report that ChatGPT owner OpenAI is developing a web search product that would compete with Google. OpenAI’s service would be partly powered by $Microsoft(MSFT)$’s Bing search engine, the Information reported. Shares in Google parent Alphabet (GOOGL) fell on Thursday as investors digested the latest artificial intelligence news. (see below) At one point in time, it fell as much as -3.8%, far underperforming the Nasdaq 100, which dipped -0.3%. With the loss, Google stock neared its 50-day moving average (ma).

Public Holidays There are no public holidays in the USA for the coming week. Hong Kong will be closed for the Chinese Lunar New Year (CNY) from 10 to 13 Feb 2024. China will be closed for the Chinese Lunar New Year (CNY) from 9 to 15 Feb 2024. Singapore will be closed for the Chinese Lunar New Year (CNY) from 10 to 12 Feb 2024. Here is wishing all a blessed Chinese New Year. Economic Calendar (12 Feb 2024) Notable Highlights The Chinese-speaking world should be closed as they celebrate the Chinese Lunar New Year. Celebrations start on 09 Feb 2024 for Chinese-speaking nations like China, Hong Kong & Singapore. CPI. This should be the most watched macro data for the coming week. This is likely to move the market though the Core CPI is likely to be the same as the previous month. Thou

Earnings Calendar (12 Feb 2024) There are a few earnings of interest for the coming week starting 12 Feb 2024 including Monday, Shopify, Occidental, Coinbase and Cisco. Let us look at Coinbase. Observations: Since 2019, there has been an increase in revenue. However, there is a steep drop in revenue for 2022. 2022 ended in an operating loss of $2.67B. Observations for TTM: TTM revenue has reached $2.78B TTM total expenses have fallen from $5.86B to $4.12B. There is an improvement in EPS from -11.81 to -3.20. However, the business continues to experience net loss. The stock has risen 138% from a year ago. Investing has recommended the stock as a “Strong Buy”. There is a strong crypto ETF interest in the market. From the article above, there are concerns about the impact of ETF

$Advanced Micro Devices(AMD)$ has been on an uptrend since last year and the price is now consolidating, looking ready for the next move. During Advanced Micro Devices' recent earnings call, the chip giant made waves by elevating its 2024 Data Center GPU revenue forecast from over $2 billion to approximately $3.5 billion. This significant shift reflects AMD's strengthening position in the AI space, with the company's AI revenue ramping up faster than anticipated. While AMD's near-term AI revenue generation might be production-limited, the company's AI products are gaining quick qualification from customers. AMD's MI300 is emerging as a credible alternative to Nvidia's offerings, challenging Nvidia's software dominance wi

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US MARKET RECAPLast week, all the major index close in green with a deep V-shaped pattern. The blue-chip index, Dow added 0.86%, while the S&P 500 rose 0.87%. The Nasdaq advanced 1.28% as Big Tech earnings took center stage.For April, the Dow gained 2.48% to notch its best monthly stretch since January, while the benchmark index gained 1.46%. The tech-heavy index posted marginal gains.Earnings reports from major tech companies dominated much of last week’s market debate, fueling the narrative that earnings are faring better-than-feared, despite many widespread macroeconomic concerns.So far, a little over half of S&P 500 companies have reported earnings, with more than 79% and about 72% surpassing earnings and sales expectations, respectively. First-quarter earnings are currently on