To The Moon

On Fri, 7 Oct 2022 the US government imposed sweeping new curbs designed to curtail China’s access to technology critical to the manufacturing and operations of its military power. (see below) The action applies new export controls to restrict: China’s access to advanced computing chips. Its ability to develop and maintain super computers & manufacture semiconductors. The move cuts at critical technological components for multiple economic sectors, but most acutely targets the manufacturing of advanced weapons systems. For a moment, calm was “restored” as chip makers studied the rules governing the ban and found a way to work around it. This was achieved by retaining the processing power but reduced the processing / comms speed. All that changed when Huawei launched its latest mobil

Source: Tiger Trade appThe Rising Wedge is a technical pattern composed of two trendlines: an ascending support line and an ascending resistance line. These two lines gradually converge to form a wedge shape.This pattern typically appears on price charts of stocks or other assets, indicating a potential bearish reversal signal.The characteristics of the Rising Wedge are as follows:Support Line: The support line is an ascending trendline connecting consecutive higher lows, suggesting a strengthening uptrend.Resistance Line: The resistance line is an ascending trendline connecting consecutive higher highs, indicating a gradual reduction in buying pressure.Gradual Convergence: The support and resistance lines gradually converge, forming a wedge shape, which indicates that the price may break

Beware... And don't chase, no matter how convincing the euphoria might sound... This earning season is unlike all others in short memory. One day you will find crashes, think Tesla, Alphabet and other popular technology companies. Another day, you will also find big upgrades and raising stock prices, think Amazon. There are even some others that shoot to the moon without the need forearning fever, think Bitcoin and all other Bitcoin related companies ($Coinbase Global, Inc.(COIN)$ , $MicroStrategy(MSTR)$ come to mind). This is an unusual time. Prominent wars on two fronts, major economies fighting inflation and ever present fear of recession. For those cryptoc

Click to vote. Guess how will Tesla close Thursday 20/4 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Tesla Motors(TSLA)$ is set to post a year-over-year drop in profit when the electric vehicles maker reports its financial results for the quarter ended in March after the market close on Wednesday. Lets's guess where TESLA will move following their earnings?🔙 Latest ResultsTesla reported record Q4 2022 revenue, beating on both earnings and revenue. Here are the results.Earnings (adjusted): $1.19 vs $1.13 per share expected, per RefinitivRevenue: $24.32 billion vs $24.16 billion expected, per Refinitiv📒TESLA Q1 earnings consensusTesla's Q1 revenue is expected to be

It’s a key week in Earnings Season as many companies released their reports. Some companies experienced roller coaster ride after the earnings release. You can find the stocks that rose or fell most in "Movers & Shakers" on Tiger Trade app.In this article, we gonna brief two companies that beat expectations and one company fell short. 1. $Abbott Laboratories(ABT)$ up 7.82% with better-than-expected earnings and revenuesAbbott exited the first quarter of 2023 with better-than-expected earnings and revenues. However, the figures declined on a year-over-year basis. Total sales in the first quarter were negatively i

Elon Musk's SpaceX has launched its Starship rocket for the first time, but fell short of reaching space as the towering rocket suffered a mid-flight failure.SpaceX leadership has repeatedly stressed the experimental nature of the launch and said any result that involved saw Starship get off the launchpad would be a success. $Tesla Motors(TSLA)$

The survival and development of a company are based on profitability as the primary condition. There are two important indicators to understand profitability.The first is gross margin.Gross margin is a direct reflection of the relationship between a company's selling price and its cost of sales, and does not take into account other factors that may affect profitability, so this indicator is a more intuitive reflection of the competitiveness of the company's products.The second one is EBITDA.EBIT is used to measure the profitability of a company's main business, while EBITDA is used to measure the ability of a company to generate cash flow from its main business. More and more investors are focusing on EBIT and EBITDA instead of net income because it is simply a measure of net income, while