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The virtual reality (VR) market as a whole is estimated to grow at a 48.7% compound annual growth rate (CAGR) over the next 5 years. With many individuals compelled to work remotely because of the COVID-19 pandemic, the idea of how organizations work together is evolving quickly. This trend is anticipated to augment the workplace for VR. As of now, employees are collaborating using video-conferencing platforms such as $Zoom Video Communications (ZM.US)$ ; Slack, a subsidiary of $Salesforce (CRM.US)$ and $Microsoft (MSFT.US)$ eams. However, there's another path for individuals to work together regardless of how near or far apart they are, and that is the concept of VR.
One such player is $Unity Software (U.US)$ which has predicted AR-VR headsets will be as common as game consoles by 2030. $Meta Platforms (FB.US)$ which has predicted AR-VR headsets will be as common as game consoles by 2030. $Apple (AAPL.US)$ is nearing entry into VR with a headset in development and has already begun to acquire multiple AR/VR companies to further its work in the space.
One such player is $Unity Software (U.US)$ which has predicted AR-VR headsets will be as common as game consoles by 2030. $Meta Platforms (FB.US)$ which has predicted AR-VR headsets will be as common as game consoles by 2030. $Apple (AAPL.US)$ is nearing entry into VR with a headset in development and has already begun to acquire multiple AR/VR companies to further its work in the space.
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"Fly High, Fly to the Moon", that's my sentiments for Singapore Airlines (SIA) shares all along. As expected, SIA stocks soared up to 9.6% after the announcement of Singapore government's decision to open up of borders to 11 countries worldwide including those in Europe and North America. As of today, SIA shares nose dived down to $5.26 despite of the easing of the travelling curbs.
The question is whether SIA can sustain this decline. Next, is of course should SIA continue to under perform, would the investors be alarmed and apply a "stop-loss " principle on $SIA (C6L.SG)$ or $SATS (S58.SG)$ stocks. Personally, I hope not because this blue chip business has solid fiancial back up. Moreover, SIA
has past experiences of facing more adverse situations without faltering.
Currently, I am holding some portions of the losing $SIA (C6L.SG)$ shares but I am not unduly worried. I have pulled the trigger off for those shares but I will not sell them either, because SIA will remain s strong, reliable company for long term investments.
$SIA (C6L.SG)$ shares' prices have been negatively impacted since mid 2019 when Covid 19 pandemic emerged, and travelling was hazardous internationally.
Pre Covid time, our National aircraft was faring extremely well. Travellers worldwide opt to travel in SIA flights because they are awared that when they fly in SIA, they are embarking on a journey of safety and luxurious comfort. Being a prestigious 5 stars aircraft, SIA offers stella service. This aviation service operates 3% of the 10 current longest flights in the world. The inclusion of more countries VTL (vaccinated travel lanes) will ultimately usher in tourist and business locations from UK, US and Italy which are vital long hauls in markets for SIA.
Moving forward, SIA shares will continue to face some challenges in the early Q4 phase. In hindsight however, investors should focus more on the outlook over the next 2 years. I believe by year end, situation will improve, as more people are vaccinated globally and air travel becomes more flexible. By then more travellers are willing to splurge on the next trip.
Once again we can envision SIA flying high to the Moon. Along with this increase trend in travelling, the other travel-related stocks to gain momentum are:
$SATS (S58.SG)$
$Genting Sing (G13.SG)$
$Air Transport Services (ATSG.US)$
$Shangri-La HKD (S07.SG)$
$Marriott International (MAR.US)$
$Las Vegas Sands (LVS.US)$
The question is whether SIA can sustain this decline. Next, is of course should SIA continue to under perform, would the investors be alarmed and apply a "stop-loss " principle on $SIA (C6L.SG)$ or $SATS (S58.SG)$ stocks. Personally, I hope not because this blue chip business has solid fiancial back up. Moreover, SIA
has past experiences of facing more adverse situations without faltering.
Currently, I am holding some portions of the losing $SIA (C6L.SG)$ shares but I am not unduly worried. I have pulled the trigger off for those shares but I will not sell them either, because SIA will remain s strong, reliable company for long term investments.
$SIA (C6L.SG)$ shares' prices have been negatively impacted since mid 2019 when Covid 19 pandemic emerged, and travelling was hazardous internationally.
Pre Covid time, our National aircraft was faring extremely well. Travellers worldwide opt to travel in SIA flights because they are awared that when they fly in SIA, they are embarking on a journey of safety and luxurious comfort. Being a prestigious 5 stars aircraft, SIA offers stella service. This aviation service operates 3% of the 10 current longest flights in the world. The inclusion of more countries VTL (vaccinated travel lanes) will ultimately usher in tourist and business locations from UK, US and Italy which are vital long hauls in markets for SIA.
Moving forward, SIA shares will continue to face some challenges in the early Q4 phase. In hindsight however, investors should focus more on the outlook over the next 2 years. I believe by year end, situation will improve, as more people are vaccinated globally and air travel becomes more flexible. By then more travellers are willing to splurge on the next trip.
Once again we can envision SIA flying high to the Moon. Along with this increase trend in travelling, the other travel-related stocks to gain momentum are:
$SATS (S58.SG)$
$Genting Sing (G13.SG)$
$Air Transport Services (ATSG.US)$
$Shangri-La HKD (S07.SG)$
$Marriott International (MAR.US)$
$Las Vegas Sands (LVS.US)$
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Weekly market recap
Wall Street is coming off a roller-coaster week. The blue-chip $Dow Jones Industrial Average (.DJI.US)$ finished the week 0.6% higher, breaking a three-week losing streak. The $S&P 500 Index (.SPX.US)$ rose 0.5% on the week, while the tech-heavy $Nasdaq Composite Index (.IXIC.US)$ edged up 0.02% last week.
Investors are monitoring the progress in Washington as lawmakers try to prevent a government shutdown, a default on U.S. debt and the possible collapse of President Joe Biden's sweeping economic agenda.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
There are numerous corporate earnings and economic data releases this week. IHS Markit and Micron Technology report on Tuesday, followed by Cintas on Wednesday and CarMax and McCormick on Thursday. Generac Holdings and Intuit also host investor days on Wednesday and Thursday, respectively.
Data out this week includes the Census Bureau's durable goods report for August on Monday. The figures are seen as a decent proxy for business investment. New orders are seen gaining 0.6% last month, following a 0.1% decline in July.
Monday 9/27
$TotalEnergies (TTE.US)$ holds a two-day investor meeting to discuss its energy and strategic outlook. The company recently changed its name from Total to reflect a further push into clean energy and also set a goal of net-zero emissions by 2050.
The Census Bureau releases the durable goods report for August. New orders for manufactured durable goods are expected to rise 0.6% month over month to $258.7 billion, after a 0.1% decline in July. Excluding transportation, new orders are seen gaining 0.5%, less than the previous 0.8% rate.
Tuesday 9/28
$IHS Markit (INFO.US)$ and $Micron Technology (MU.US)$ report quarterly results.
Treasury Secretary Janet Yellen deliver the keynote address at the 63rd National Association for Business Economics annual meeting. The theme of this year's confab, which runs from Sept. 26 to Sept. 28, is "Shocks, Shifts, and the Emerging Economic Landscape."
The Conference Board releases its Consumer Confidence Index for September. Consensus estimate is for a 114.5 reading, roughly even with the August figure.
S&P CoreLogic releases the Case-Shiller National Home Price Index for July. Economists forecast a 20% year-over-year jump, which would be the fourth consecutive monthly record increase for the index.
Wednesday 9/29
$Cintas (CTAS.US)$ releases first-quarter fiscal-2022 results.
$Generac (GNRC.US)$ hosts its 2021 investor day virtually. CEO Aaron Jagdfeld is among the management-team members who will discuss growth opportunities for the company.
The National Association of Realtors releases its Pending Home Sales Index for August. Expectations are for a 1% month-over-month rise, after a 1.8% dip in July.
Thursday 9/30
$CarMax (KMX.US)$, $Jefferies Financial (JEF.US)$, $McCormick & Co (MKC.US)$, and $Paychex (PAYX.US)$ report earnings.
$Intuit (INTU.US)$ hosts its 2021 investor day virtually.
$Novartis AG (NVS.US)$ holds an investor event to discuss its ESG initiatives.
The Institute for Supply Management releases its Chicago Purchasing Manager's Index for September. Economists forecast a 64.7 reading, about two points less than the August data.
Friday 10/1
The Bureau of Economic Analysis reports personal income and spending for August. Income is expected to rise 0.3% month over month, while spending is seen increasing 0.7%. This compares with gains of 1.1% and 0.3%, respectively, in July.
The Census Bureau reports construction spending data for August. Consensus estimate is for construction spending to rise 0.4% month over month to a seasonally adjusted annual rate of $1.58 trillion.
Source: CNBC, Barron's
Wall Street is coming off a roller-coaster week. The blue-chip $Dow Jones Industrial Average (.DJI.US)$ finished the week 0.6% higher, breaking a three-week losing streak. The $S&P 500 Index (.SPX.US)$ rose 0.5% on the week, while the tech-heavy $Nasdaq Composite Index (.IXIC.US)$ edged up 0.02% last week.
Investors are monitoring the progress in Washington as lawmakers try to prevent a government shutdown, a default on U.S. debt and the possible collapse of President Joe Biden's sweeping economic agenda.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
There are numerous corporate earnings and economic data releases this week. IHS Markit and Micron Technology report on Tuesday, followed by Cintas on Wednesday and CarMax and McCormick on Thursday. Generac Holdings and Intuit also host investor days on Wednesday and Thursday, respectively.
Data out this week includes the Census Bureau's durable goods report for August on Monday. The figures are seen as a decent proxy for business investment. New orders are seen gaining 0.6% last month, following a 0.1% decline in July.
Monday 9/27
$TotalEnergies (TTE.US)$ holds a two-day investor meeting to discuss its energy and strategic outlook. The company recently changed its name from Total to reflect a further push into clean energy and also set a goal of net-zero emissions by 2050.
The Census Bureau releases the durable goods report for August. New orders for manufactured durable goods are expected to rise 0.6% month over month to $258.7 billion, after a 0.1% decline in July. Excluding transportation, new orders are seen gaining 0.5%, less than the previous 0.8% rate.
Tuesday 9/28
$IHS Markit (INFO.US)$ and $Micron Technology (MU.US)$ report quarterly results.
Treasury Secretary Janet Yellen deliver the keynote address at the 63rd National Association for Business Economics annual meeting. The theme of this year's confab, which runs from Sept. 26 to Sept. 28, is "Shocks, Shifts, and the Emerging Economic Landscape."
The Conference Board releases its Consumer Confidence Index for September. Consensus estimate is for a 114.5 reading, roughly even with the August figure.
S&P CoreLogic releases the Case-Shiller National Home Price Index for July. Economists forecast a 20% year-over-year jump, which would be the fourth consecutive monthly record increase for the index.
Wednesday 9/29
$Cintas (CTAS.US)$ releases first-quarter fiscal-2022 results.
$Generac (GNRC.US)$ hosts its 2021 investor day virtually. CEO Aaron Jagdfeld is among the management-team members who will discuss growth opportunities for the company.
The National Association of Realtors releases its Pending Home Sales Index for August. Expectations are for a 1% month-over-month rise, after a 1.8% dip in July.
Thursday 9/30
$CarMax (KMX.US)$, $Jefferies Financial (JEF.US)$, $McCormick & Co (MKC.US)$, and $Paychex (PAYX.US)$ report earnings.
$Intuit (INTU.US)$ hosts its 2021 investor day virtually.
$Novartis AG (NVS.US)$ holds an investor event to discuss its ESG initiatives.
The Institute for Supply Management releases its Chicago Purchasing Manager's Index for September. Economists forecast a 64.7 reading, about two points less than the August data.
Friday 10/1
The Bureau of Economic Analysis reports personal income and spending for August. Income is expected to rise 0.3% month over month, while spending is seen increasing 0.7%. This compares with gains of 1.1% and 0.3%, respectively, in July.
The Census Bureau reports construction spending data for August. Consensus estimate is for construction spending to rise 0.4% month over month to a seasonally adjusted annual rate of $1.58 trillion.
Source: CNBC, Barron's
![What to expect in the week ahead (FDS, INFO, MU, KMX)](https://ussnsimg.moomoo.com/6958736333069130146.jpg/thumb)
![What to expect in the week ahead (FDS, INFO, MU, KMX)](https://ussnsimg.moomoo.com/5678658550380711662.png/thumb)
![What to expect in the week ahead (FDS, INFO, MU, KMX)](https://ussnsimg.moomoo.com/230106747440572931.png/thumb)
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Tesla(TSLA) Q2 2021 earnings conference call is scheduled at 5:30 pm ET on July 26 and 5:30 am SGT on July 27. The report will be for the fiscal Quarter ending Jun 2021. You can listen to the live earnings call by subscribing to it.
Earnings Preview
According to Zacks Investment Research, this electric car maker is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +104.6%. Revenues are expected to be $11.39 billion, up 88.7% from the year-ago quarter.
For Tesla, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.85%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Tesla will most likely beat the consensus EPS estimate.
Are you bullish on Tesla? Leave your answer in the comment.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
Earnings Preview
According to Zacks Investment Research, this electric car maker is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +104.6%. Revenues are expected to be $11.39 billion, up 88.7% from the year-ago quarter.
For Tesla, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.85%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Tesla will most likely beat the consensus EPS estimate.
Are you bullish on Tesla? Leave your answer in the comment.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
![](https://ussnsimg.moomoo.com/6000031627014380.png/thumb)
TESLA Q2 2021 Earnings Conference Call
Jul 26 16:30
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$McCormick & Co (MKC.US)$ Is scheduled to happen their Q2 2020 suggested result on Wednesday this week, June 25th, before the market open. 2 of 14 have a buy rating on McCormick & Company, while 6 of 14 Have a Hold or the Relish rating. There are 6 percent rate it a sell. The average analyst price target is $140.45 implying an 18.4% downside.
Translated
![Picture](https://ussnsimg.moomoo.com/1592879129790-77777012-android-org.png/thumb)
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
![[Video Tutorial] How to place an order on moomoo?](https://ussnsimg.moomoo.com/202106170000078178e2dd5e936.jpg/thumb)
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By Chloe
Hey moomooers! Here are things you need to know before the opening bell:
- US stock futures edge down with bank earnings on tap
- Fed's Williams says he doesn't yet see case to slow Fed bong buying
Market snapshot
U.S. stock futures were mixed early Tuesday morning after the Dow Jones Industrial Average rose Monday to almost 35,000 ahead of the second-quarter earnings season for banks, which kick off later in the day.
The Dow Jones Industr...
Hey moomooers! Here are things you need to know before the opening bell:
- US stock futures edge down with bank earnings on tap
- Fed's Williams says he doesn't yet see case to slow Fed bong buying
Market snapshot
U.S. stock futures were mixed early Tuesday morning after the Dow Jones Industrial Average rose Monday to almost 35,000 ahead of the second-quarter earnings season for banks, which kick off later in the day.
The Dow Jones Industr...
![Morning Briefing: Microsoft to buy cybersecurity firm RiskIQ](https://ussnsimg.moomoo.com/16261730050944-77777014-web-8f00b204e9800998.png/thumb)
![Morning Briefing: Microsoft to buy cybersecurity firm RiskIQ](https://ussnsimg.moomoo.com/16261730475267-77777014-web-8f00b204e9800998.png/thumb)
![Morning Briefing: Microsoft to buy cybersecurity firm RiskIQ](https://ussnsimg.moomoo.com/16261702768279-77777014-web-6e60853dedfcfdf0.png/thumb)
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