To The Moon

On Thursday, $Tesla Motors(TSLA)$ declined by 9% and continued to drop before the market opening. The company fell below expectations in its third-quarter automotive gross margins and reported an earnings shortfall, marking its "first bad miss in three years." Elon Musk stated that the unique design of the Cybertruck has posed challenges in scaling up production.Will Tesla present another cold winter for investors?It’s known to most investors that last year $Tesla Motors(TSLA)$ began to dip in September and kept falling to $108. The main reasons are:Elon Musk sold billions worth of $Tesla Motors(TSLA)$ for acquiring TwitterWeak demand: Reduced production schedul

In 3Q23, $Straits Times Index(STI.SI)$ generated a 2.1% total return, bringing its 9-month total return to 3.3%. For the quarter, the STI marginally outpaced the FTSE ASEAN Extended 60 Index and FTSE Asia Pacific Index, which saw total returns of 1.1% and a decline in total return of 1.1%, respectively, in SGD terms. For much of the quarter, the STI consolidated on moves in the preceding quarter with the average daily STI high in 3Q23 at 3,249 just 4 points lower than in 2Q23, and the 3,225 average daily STI low in 3Q23 just 5 points lower than in 2Q23.Fueled by the announcement by Saudi Arabia and Russia to extend their voluntary oil production cuts through the end of this year, Brent Crude Oil gained 27% to US$95/bbl in 3Q23 and has sinc

Most ASX index fund investors have suffered through some pretty shoddy returns over the past 20 months. That's especially the case when it comes to the Vanguard MSCI Australian Small Companies Index E

$Palantir Technologies Inc.(PLTR)$, the data analysis firm co-founded by tech billionaire Peter Thiel and contracted by government intelligence agencies and military forces around the world, has emerged as the top pick for a contract to overhaul the UK’s National Health Service.Stocks jumped 3.08% in morning trading.The five-year contract, which may be extended by as long as two years and is worth much as £480 million ($579 million), is designed to help the agency analyze medical data, detect patterns and ultimately overhaul its entire system. The deal is subject to final approvals and legal arrangements, but the government was on track to announce Palantir as the winning bidder as soon as this month, people familiar with the discussions said, ask

Iron Mountain (IRM) recently held its Q2 2023 earnings call, during which the company reported both positive and negative developments. Here are the specific viewpoints from the earnings call: Bullish Points: 1. Highest-ever quarterly revenue of $1.36 billion 2. Record EBITDA of $476 million 3. Organic storage rental revenue growth of 11% 4. High-teens organic growth in both data center and digital services businesses 5. Increased quarterly dividend per share to $0.65 6. Strong pipeline for data center business, expecting to exceed original projection of 80 megawatts in 2023 7. Expansion plans in Mumbai and growth in India through joint venture with Web Werks 8. Success in Crozier Fine Arts business 9. Revenue grew to a record $1.36 billion, up 5% year on year 10. Organic storage rental r

Gold Investors Beware - Are We Witnessing A XAUUSD Metal Meltdown? XAUUSD Stock Prediction

$NVIDIA Corp(NVDA)$ , the AI chip giant, is once again in the spotlight after earning a coveted spot on Goldman Sachs' 'Americas Conviction List.' This move follows an upgrade from 'Buy' status late last month, with a price target of $605 per share. As investors take note of these developments, a burning question arises: Can Nvidia scale new heights in the stock market? Let's explore the factors driving this discussion. Strength in AI One of the primary reasons for the renewed enthusiasm around Nvidia is its formidable position in the AI sector. Goldman Sachs acknowledges Nvidia's competitive edge, particularly as AI models become increasingly complex. In an era where AI innovation is pivotal, Nvidia's prowess positi

The Battle Unfolds for FTC vs. Amazon $Amazon.com(AMZN)$ , the e-commerce behemoth with a market cap surpassing $1.3 trillion, found itself in the spotlight as the U.S. Federal Trade Commission (FTC) launched a significant antitrust lawsuit against the company. The allegations revolve around Amazon's alleged monopolistic practices. But what does this legal battle mean for Amazon's stock, and how might it shape the company's future? Let's explore this development and analyze its potential impact from my personal viewpoint. The FTC's Antitrust Lawsuit The FTC's complaint contends that Amazon has wielded "monopoly power" by employing anticompetitive and unfair practices. Specifically, the lawsuit accuses Amazon of

2232 GMT - Earnings guidance provided by engineering contractor DDH1 alongside its FY 2023 result is even better than it looks, Canaccord Genuity says. DDH1, which has agreed to a takeover by Perenti, signaled FY 2024 operating Ebitda of A$123 million-A$130 million. That compares to Canaccord's A$123.6 million forecast. "Optically, it looks like the result implies growth of 3-9%," analyst Cameron Bell says in a note. "But the FY 2023 result benefited from A$7 million in subsidy payments that will not be repeated, so the underlying growth implication is more like 9% to 16%." DDH1's shareholders are due to vote on the acquisition proposal from Perenti on Sept. 18.