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$Jumia Technologies (JMIA.US)$I took a quick look at financial results, but they're growing.
Until the previous financial results, the growth rate was well received due to exchange considerations, so to be honest, I thought it was an excessive reaction.
Everyone has pointed it out, but the dilution due to capital increases is probably a major crash due to pessimism in the short term.
However, it can be said that the risk of bankruptcy has disappeared with this, and since the remaining holders are probably people with a long-term perspective looking at Africa's potential, I think it would be strong if it bottomed out.
If interest rate cuts still start, the atmosphere will completely change.
Also, when it settles down, we will report the financial results in detail.
Quote source:x.com
Until the previous financial results, the growth rate was well received due to exchange considerations, so to be honest, I thought it was an excessive reaction.
Everyone has pointed it out, but the dilution due to capital increases is probably a major crash due to pessimism in the short term.
However, it can be said that the risk of bankruptcy has disappeared with this, and since the remaining holders are probably people with a long-term perspective looking at Africa's potential, I think it would be strong if it bottomed out.
If interest rate cuts still start, the atmosphere will completely change.
Also, when it settles down, we will report the financial results in detail.
Quote source:x.com
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Early morning NEWS [World Market] 2024/1/11 (Thu)
In the USA, the inflation rate is expected to slow down this year, ending near the 2% target. In December, US CPI is expected to show a slowdown in core inflation, with the possibility of disinflation.
The Bank of Japan has completed preparations for normalizing monetary policy, awaiting the spring labor negotiations. Amazon is reducing personnel in Prime Video and Studio. BlackRock's hedge fund managers achieved double-digit returns last year.
Bond issuance in Europe has hit a new record high. The President of the NY Federal Reserve believes that a restrictive stance needs to be maintained.
Amidst China's economic slowdown, Xi Jinping acknowledges the economic hardships. The Nikkei average in the Tokyo stock market has recovered to the 30,000 yen range, reaching a high not seen since the bubble period.
Chicago soybeans fell due to increased production in Brazil and demand uncertainty in the United States. New York gold and silver experienced slight fluctuations. Among the platinum-group precious metals, platinum is cheaper while palladium is soaring.
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Columns NVIDIA - The AI boom is real
The most anticipated quarterly results did not disappoint.
In fact, it was a treat that no one expected.
Post results, and after-market, $NVIDIA (NVDA.US)$ shares went up 30%.
So what made the shares pop so much?
1. Partly due to good results
Where $Advanced Micro Devices (AMD.US)$falter, NVIDIA seemed to prosper. Revenue was up 19% QoQ, albeit down 13% YoY.
Data center revenues smashed records, up 14% a year ago, led by demand for generative AI and large language model...
In fact, it was a treat that no one expected.
Post results, and after-market, $NVIDIA (NVDA.US)$ shares went up 30%.
So what made the shares pop so much?
1. Partly due to good results
Where $Advanced Micro Devices (AMD.US)$falter, NVIDIA seemed to prosper. Revenue was up 19% QoQ, albeit down 13% YoY.
Data center revenues smashed records, up 14% a year ago, led by demand for generative AI and large language model...
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