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Southeast Asia's ride-hailing and food delivery leader, Grab, announced yesterday that it will be cutting 1,000 jobs, accounting for 11% of its total workforce. According to Grab, this decision was made to manage costs and ensure long-term affordable services.
In a letter to employees, CEO Anthony Tan stated that the job ...

Someone just posted an article about NIO new exaggerated sales target of 20,000 units per month. I totally agree with Motly Fool's comment about NIO :
NIO probably won't command a higher valuation until its shipments stabilize, its vehicle margins improve, and it meaningfully narrows its operating losses. Simply put, investors should steer clear of Nio and stick with other growth stocks instead.
In May, NIO delivered only 6,155 all-electric ...

Congratulations on making it to the midpoint of 2023! It's time to reflect on your trade experiences, strategies, stories, and memories within our vibrant moomoo community. The first half of 2023 was marked by resilience, uncertainty, and change.  The Nasdaq index excelled, surpassing the S&P 500 and Dow Jones with an overall gain of more than 20%. However, there was some ambiguity surrounding Federal Reserve interest rates as the market sp...