Moomoo Earnings Note events: Q2 Review &Highlights

Add to that the recent surge in AMC's stock price, and some investors may question whether the current valuation is justified. AMC's stock has outperformed the S&P 500's gains in 2023, which could lead to potential high valuation concerns. Analysts surveyed by FactSet expect AMC to climb 4 cents in the second quarter, with revenue of $1.287 billion. Wedbush maintained its underperform rating and $2 price target on AMC, and also expects the company to subscribe for cash through equity while reducing its massive debt. Given the ongoing challenges facing the industry, AMC's outlook remains uncertain. While the Company has taken steps to improve its balance sheet and liquidity, the path to sustained profitability may depend on a long-term recovery in global holdings and consumer behavior.

Nvidia's Q2 results got shares dancing above $500 on Aug. 23, but they took a snooze on Aug. 24. The reaction was a bit meh because folks had big hopes and bought in early, hoping for a quick win. When the report dropped, some hit the "sell" button faster than a racecar. I see Nvidia’s future is gold with flowing cash, controlled costs, strong balance sheet, booming data centers, and revived gaming. If the AI excitement holds with a new catalyst, the stock could hit new highs.

Sea will not die but gaming and e-commerce revenue growth will inevitably slow. Covid lockdowns are a distant past so the gaming frenzy is over. E-commerce penetration probably can't go much higher, due to increasing competition in the region. Not sure if its finance arm can generate substantial margins in the future.