To The Moon

$Alibaba(BABA)$ has released its Q1 financial report for the 24th fiscal year, showing progress in open source and a comprehensive recovery in business while further improving profit margins. $Alibaba(09988)$ SummaryChina's e-commerce business has achieved double-digit growth after being quiet for five quarters, but profit margins have declined due to industry competition and downward CPI;International e-commerce achieved its highest growth rate ever at 43.8%, benefiting from cooperation with "One Belt, One Road" countries and the easing competition in Southeast Asian subsidiaries;The strong e-commerce business also led to Cainiao Logistics turning losses into profits;Local life and digital entertainment

🌟🌟🌟$Roblox Corporation(RBLX)$ Share price tumbled 21% today after it released its Q2 23 Earnings Report. Roblox is down 29% in the past year and only up 5% year to date. What happened? Is Roblox A Buy? Let's dive in. Revenue was USD 680.8 million, up 15% year over year. Bookings were USD 780.7 Million, up 22% year over year. Average Daily Active Users were 65.5 million, up 25% year over year. Average monthly unique payers were 13. 5 million, up 19% year over year. Hours engaged were 14 billion, up 24% year over year. Average bookings per Daily Active Users was USD 11.92, down 3% year over year. Even though Roblox 's revenue hit an all time high of USD 680 million

Market highlights:The latest data showed that the United States unseasonally adjusted CPI annual rate of 3.2 percent in July, the first acceleration since June 2022, but below market expectations of 3.3 percent, compared with the previous value of 3 percent. The seasonally adjusted CPI rate recorded 0.2% in July, unchanged from the previous month and in line with market expectations. The unseasonally adjusted core CPI annual rate came in at 4.7%, below expectations and the previous reading of 4.80%, the lowest since October 2021.J.p. Morgan chief strategist Marko Kolanovic wrote in a new note that PE looks too high as central banks in the U.S. and Europe are unlikely to turn in the near term. Advising investors to reduce their equity holdings: "Current valuations suggest that investors exp

Market highlights:International rating authority Moody's downgraded the credit rating of 10 small and medium-sized banks in the United States, Italy announced a 40% windfall tax on the banking sector, and the main US stock index fell on Tuesday (8).Markets continue to watch data and comments from Fed officials. Bank of America last week dropped its forecast of a recession in 2023, citing solid economic growth and near-record low unemployment. However, Bank of America warned that receding recession fears could eventually put high interest rates back at the top of investors' concerns.Lori Calvasina, a strategist at RBC Capital Markets, believes that as the summer draws to a close, the rally in U.S. stocks could be hampered by three major factors, including weaker corporate earnings, a poor o

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As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,251.20 points, up 2.13% in the past 5 days.During the last 5 trading days, $Liontown Resources Ltd(LTR.AU)$ was up 14.96%; $Credit Corp(CCP.AU)$ added 10.53%; $Xero(XRO.AU)$ rose 9.90%; $FORTESCUE METALS GROUP LTD(FMG.AU)$ was up 9.80%; $Pro Medicus Ltd(PME.AU)$ increased 9.64%.Six of 11 sectors rose with the most impressive rises recorded by materials and energy after iron ore futures rose 1.6% to US$103.70 a tonne and oil pr

Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted) 2.You will be given 5 Tiger coins if you tag more than 3 friends in the comment areaMeanwhile, we will be listing the stocks men

As there have been so much news and articles on A.I. and what is needed to power A.I. One important player is the cloud providers as many people are now looking to run their workloads on the cloud. This is because for accounting purpose, the cost would be considered as OPEX, and there will not be a need to come up with a large sum of investments. This is especially for small-medium companies, startup and growth companies. So in this article I would like to share why Microsoft Azure is a superior cloud provider and how it outshines its competitors. In today's digital era, cloud computing has become the cornerstone of technological innovation and business success. With numerous cloud providers in the market, Microsoft Azure stands out as a clear leader, offering a comprehensive suite of ser

Yesterday, $Tesla Motors(TSLA)$ closed down 0.74%, ending a record-breaking 13-day consecutive gains. During this period, Tesla's stock price soared over 40%, with its market value increasing by over $200 bln, making new market value of approximately $814 billion.After experiencing a significant decline in 2022, Tesla's remarkable surge has resulted in substantial losses for the short sellers. Data shows that Tesla's 13-day consecutive increase has caused short sellers to lose over $7 billion. The losses for this year have amounted to nearly $12.7 billion.Cathie Wood Sold $Tesla Motors(TSLA)$ and $NVIDIA Corp(NVDA)$ at highOn Monday, Cathie Wood's funds, includin