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We are not short of China-bashing headlines from the media. The most recent one suggests that China's economic recovery is sluggish.
China reported a 6.3% growth in the second quarter and is that really slow?
Let's compare between the world's two largest economies to assess whether China is truly as unfavorable as it is often portrayed when compared to the US.
Here's a table of figures:
China is growing 2x faster than the US
Undoubtedly,...
China reported a 6.3% growth in the second quarter and is that really slow?
Let's compare between the world's two largest economies to assess whether China is truly as unfavorable as it is often portrayed when compared to the US.
Here's a table of figures:
China is growing 2x faster than the US
Undoubtedly,...
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103976320
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iPad sales were really terrible. Is it because you are switching to foldables?
https://finbiteinsights.substack.com/p/amazon-up-apple-down
https://finbiteinsights.substack.com/p/amazon-up-apple-down
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103976320
reacted to
$C3.ai (AI.US)$
- Revenue +6%
- Subscription revenue +11%
- 77% gross margin
- Net loss per share of $0.42
Good:
- Closed 71 agreements through partner network including Google Cloud, AWS , and Microsoft
- On track to achieve profitability by end of FY2024
- Use of predictive maintenance applications in the U.S. Air Force
Bad:
- Only 17% of bookings were driven by sales of the C3 AI Platform, the remaining 83% were driven by application sales
Management Comments
“Th...
- Revenue +6%
- Subscription revenue +11%
- 77% gross margin
- Net loss per share of $0.42
Good:
- Closed 71 agreements through partner network including Google Cloud, AWS , and Microsoft
- On track to achieve profitability by end of FY2024
- Use of predictive maintenance applications in the U.S. Air Force
Bad:
- Only 17% of bookings were driven by sales of the C3 AI Platform, the remaining 83% were driven by application sales
Management Comments
“Th...
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Investing in stocks
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