$Tiger Brokers(TIGR)$ took a quick read of futu results for 4q $Futu Holdings Limited(FUTU)$ given that it's headcount cost and cloud services cost went up in 4q as well as hifher client acquisition costs, this explains for a weakee 4q2023 results. I don't recall seeing tiger spending alot more on headcount growth which may lead to better profit margin. Again, who knows? Tiger is not spending too aggressively and is optimising it's ROI per client acquisition. I expect tiger to perform relatively better compared to 3q. Only time will prove if I am right on this $Robinhood(HOOD)$ $NVIDIA Corp(NVDA)$ $GameStop(GME)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
