To The Moon

The following companies saw new developments that may affect trading of their securities on Thursday (Sep 21):Nio has priced US$1 billion ($1.37 billion) worth of convertible senior notes. The notes w

1. $Cheche Group Inc(CCG)$ -56.84%: stay cautious towards China-based meme stockCCG shares surged to over $200.00 on Monday, gaining nearly 2000% before closing up more than 500%. This surge followed the completion of a business combination with Prime Impact Acquisition, and the company began trading on Nasdaq under the symbol CCG.CCG is a China-based insurance technology company specializing in AI-driven insurance pricing and underwriting services, particularly for new energy vehicles (EVs).On Tuesday, the stock fell over 50%.It looks like another crazy China-based meme stocks. Investors should remain cautious. 2. $Walt Disney(DIS)$ will spend $60 billion over the next decade to expand theme parksDisn

When I came across the post on US regulator FDIC (see below). it sets me thinking. For sure, US banks or at least the regional ones are still in the woods; not out of it yet. HOW SO? Briefly, The U.S. government is looking to offload nearly $13 Billion of mortgage bonds it amassed from collapsed banks - Silicon Valley Bank (SVB) and Signature Bank following FDIC seizure of the lenders back in March 2023. The mortgage bonds were backed by long-term, low-rate loans made primarily to developers building affordable apartments. The bonds were part of the $114 Billion of assets that the Federal Deposit Insurance Corp (FDIC) picked up when it took over SVB and Signature in March 2023, this year. In April 2023, FDIC outsourced to BlackRock unit Financial Market Advisory to sell the securities

1. $Nikola Corporation(NKLA)$ Surges 33.61% on New COO Appointment and Positive OutlookNikola's stock has seen positive momentum following the appointment of Mary Chan as COO and CEO Steve Girsky's communication with investors.Mary Chan has a background in companies like General Motors and Dell Technologies, with experience in building connected infotainment products and data services.This comes after concerns over a major recall of battery-electric trucks. Chan's experience and Girsky's updates on the recall fix and upcoming hydrogen fuel cell truck shipments have boosted investor confidence.2. $Avinger(AVGR)$ Skyrockets 46.80% on Tigereye ST Product Launch Avinger is a microcap pharmaceutical devic