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Have you bought your mid-autumn mooncakes this year?
With less than a week left until the Mid-Autumn Festival, the mooncake markets across the country are already warming up early.
With the loosening of Covid-19 restriction measures, businesses surveyed reported a two-year high in mooncake sales this year, with an increase of about 20%. With more employees returning to their workplaces, a number of...
With less than a week left until the Mid-Autumn Festival, the mooncake markets across the country are already warming up early.
With the loosening of Covid-19 restriction measures, businesses surveyed reported a two-year high in mooncake sales this year, with an increase of about 20%. With more employees returning to their workplaces, a number of...
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$Advanced Micro Devices (AMD.US)$ has staged an amazing turnaround over the past six years, fueled by new products and improved profitability. And AMD stock has climbed as a result.
AMD competes with $Intel (INTC.US)$ in making central processing units, or CPUs, for personal computers and servers. It also rivals $NVIDIA (NVDA.US)$ in the market for graphics processing units, or GPUs, for PCs, gaming consoles and data centers.
Founded in May 1969, AMD went public in September ...
AMD competes with $Intel (INTC.US)$ in making central processing units, or CPUs, for personal computers and servers. It also rivals $NVIDIA (NVDA.US)$ in the market for graphics processing units, or GPUs, for PCs, gaming consoles and data centers.
Founded in May 1969, AMD went public in September ...
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$Citigroup (C.US)$ look like going 70
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In trading on Friday, shares of $AMC Entertainment (AMC.US)$ and $GameStop (GME.US)$ crossed below their 200-day moving average.
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
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Hey mooers,
"You never really understand a person until you consider things from his point of view...until you climb into his skin and walk around in it" said Atticus in his book To Kill a Mockingbird.
Here we have a product manager who is eager to understand you, dear mooers, to think in your shoes, and to create features serving your needs.
Ladies and gentlemen, let's welcome our second guest to ''Talk to PM'' event, moomoo product manager Jane!
Host: Hey PM Jane welcome! I know you are busy all the time. Thank you for coming! What do you expect from the "Talk to PM" event?
PM Jane: I want to get famous in our community. PM George is kind of becoming an influencer here and I think I can do better. Hahaha...I'm kidding.
The reason why I'm here is quite simple - I want to talk with moomoo users and hear from them about their experiences.
Host: Haha, you are a fun person. On a scale of 1-100, how important is the user feedback to you?
PM Jane: If you ask me to rate the importance of user experiences from 1-100, I'd put the number as 120. User experience is the most important thing for moomoo product managers like me. The whole team makes all efforts just to satisfy user needs.
Host: Share with us about the features and stories behind the scene, can't wait!
PM Jane: I would like to share with you folks the real daily work of we moomoo PMs. Actually, instead of launching new features, optimizing existing features with data and user feedback is our priority. Just like polishing a diamond, we polish the features with endless effort.
Let me show you an example. I led a project to optimize the "Conditional Order" feature. The Conditional Order feature allows users to submit orders that are only placed if certain market conditions are met, including limit, stop, and stop limit. After the launch, we got some feedback that customers can't really recognize it when using this feature, so we started the optimization immediately.
The key target was to make this feature more conspicuous, but not obtrusive. To differentiate conditional order with a normal order, we considered grouping the 2 types of orders in the Trade page, but the user journey would be one step longer in that case, which was not what we expected. We want the users not to be bothered for one more step with the issue successfully solved at the same time. We want a perfect plan.
Many rounds of brainstorms and discussions came behind and the proposals were rejected again and again. But we kept trying. Finally, a small symbol of abbreviation of order types came into our minds. It's such a small change, but a great improvement in user experiences. And this is still not the end, our optimization is always ongoing.
Host: Wow that's really not easy. What impact does moomoo's product culture have on you?
PM Jane: moomoo product culture shaped me as a product manager. I am so lucky to be able to work as a moomoo product manager because here we advocate a simple and pure geek spirit, and I love the culture so much.
Let me share another story. I remembered I was on my way to the "User Demand Assessment Meeting” when one team member told me CEO leaf would also attend.
Voice in my head was screaming: "What? Am I going to convince our CEO of my product plans? No way! SHOULDN'T our CEO only be concerned with something more important?!"
I was pretty nervous at the beginning, but soon a geek atmosphere comforted me. I got so much valuable advice from seniors, especially from our CEO. We call him “the first moomoo product manager”.
There were no CEO or entry-level executive in that meeting room, but senior & junior product managers who were dedicated to providing the best user experiences. These are the reasons.
Host: What motivates you most in your career life?
PM Jane: I am the type of person who would love to help people solve problems. As a product manager, I always expect my products to serve users' needs with the best experiences. When they have positive feedback, it warms my heart. When negative feedback comes, I will work hard on identifying the issue and conquer hurdles based on their suggestions. The greatest incentive, in my opinion, is the satisfaction of users.
Host: Last but not least, what do you think is the most important characteristic of being a moomoo product manager?
PM Jane: Empathy, particularly the Cognitive Empathy, comes to my mind first. As a moomoo product manager, I always attempt putting myself in the shoes of users and walk a mile in their shoes. I always ask myself this question: "Will this feature appeal to me as a user? As a user, what will I expect to see?". When a buddy once asked what superpower I wanted, I immediately replied: "Mind reading!".
Thank you, Jane! One more round of applauds to Jane, who always cares about our users.
Vote for her if you like her features and story! If you have any questions, please feel free to reach out to me at Moo Features - Talk to PM zone and @PM Jane.
Read more: Product Story Ep1: PM George - I am a user representative.
"You never really understand a person until you consider things from his point of view...until you climb into his skin and walk around in it" said Atticus in his book To Kill a Mockingbird.
Here we have a product manager who is eager to understand you, dear mooers, to think in your shoes, and to create features serving your needs.
Ladies and gentlemen, let's welcome our second guest to ''Talk to PM'' event, moomoo product manager Jane!
Host: Hey PM Jane welcome! I know you are busy all the time. Thank you for coming! What do you expect from the "Talk to PM" event?
PM Jane: I want to get famous in our community. PM George is kind of becoming an influencer here and I think I can do better. Hahaha...I'm kidding.
The reason why I'm here is quite simple - I want to talk with moomoo users and hear from them about their experiences.
Host: Haha, you are a fun person. On a scale of 1-100, how important is the user feedback to you?
PM Jane: If you ask me to rate the importance of user experiences from 1-100, I'd put the number as 120. User experience is the most important thing for moomoo product managers like me. The whole team makes all efforts just to satisfy user needs.
Host: Share with us about the features and stories behind the scene, can't wait!
PM Jane: I would like to share with you folks the real daily work of we moomoo PMs. Actually, instead of launching new features, optimizing existing features with data and user feedback is our priority. Just like polishing a diamond, we polish the features with endless effort.
Let me show you an example. I led a project to optimize the "Conditional Order" feature. The Conditional Order feature allows users to submit orders that are only placed if certain market conditions are met, including limit, stop, and stop limit. After the launch, we got some feedback that customers can't really recognize it when using this feature, so we started the optimization immediately.
The key target was to make this feature more conspicuous, but not obtrusive. To differentiate conditional order with a normal order, we considered grouping the 2 types of orders in the Trade page, but the user journey would be one step longer in that case, which was not what we expected. We want the users not to be bothered for one more step with the issue successfully solved at the same time. We want a perfect plan.
Many rounds of brainstorms and discussions came behind and the proposals were rejected again and again. But we kept trying. Finally, a small symbol of abbreviation of order types came into our minds. It's such a small change, but a great improvement in user experiences. And this is still not the end, our optimization is always ongoing.
Host: Wow that's really not easy. What impact does moomoo's product culture have on you?
PM Jane: moomoo product culture shaped me as a product manager. I am so lucky to be able to work as a moomoo product manager because here we advocate a simple and pure geek spirit, and I love the culture so much.
Let me share another story. I remembered I was on my way to the "User Demand Assessment Meeting” when one team member told me CEO leaf would also attend.
Voice in my head was screaming: "What? Am I going to convince our CEO of my product plans? No way! SHOULDN'T our CEO only be concerned with something more important?!"
I was pretty nervous at the beginning, but soon a geek atmosphere comforted me. I got so much valuable advice from seniors, especially from our CEO. We call him “the first moomoo product manager”.
There were no CEO or entry-level executive in that meeting room, but senior & junior product managers who were dedicated to providing the best user experiences. These are the reasons.
Host: What motivates you most in your career life?
PM Jane: I am the type of person who would love to help people solve problems. As a product manager, I always expect my products to serve users' needs with the best experiences. When they have positive feedback, it warms my heart. When negative feedback comes, I will work hard on identifying the issue and conquer hurdles based on their suggestions. The greatest incentive, in my opinion, is the satisfaction of users.
Host: Last but not least, what do you think is the most important characteristic of being a moomoo product manager?
PM Jane: Empathy, particularly the Cognitive Empathy, comes to my mind first. As a moomoo product manager, I always attempt putting myself in the shoes of users and walk a mile in their shoes. I always ask myself this question: "Will this feature appeal to me as a user? As a user, what will I expect to see?". When a buddy once asked what superpower I wanted, I immediately replied: "Mind reading!".
Thank you, Jane! One more round of applauds to Jane, who always cares about our users.
Vote for her if you like her features and story! If you have any questions, please feel free to reach out to me at Moo Features - Talk to PM zone and @PM Jane.
Read more: Product Story Ep1: PM George - I am a user representative.
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liked
Weekly market recap
Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
Wall Street is coming off a winning week on the back of strong corporate earnings. The blue-chip $Dow Inc (DOW.US)$ gained more than 1% last week and closed Friday at a record. The $S&P 500 Index (.SPX.US)$ rallied 1.7% last week, also posting its third straight positive week and hitting an all-time high Friday.
Of the 117 companies in the S&P 500 that have reported earnings to date, 84% posted numbers that beat expectations, according to Refinitiv. S&P 500 companies are expected to grow profit by about 35% in the third quarter.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Some of the biggest technology companies are slated to report earnings this week, including $Meta Platforms (FB.US)$, $Alphabet-C (GOOG.US)$, $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$ and $Apple (AAPL.US)$. A third of the Dow companies also is set to release quarterly results this week, including $Caterpillar (CAT.US)$, $Coca-Cola (KO.US)$, $Boeing (BA.US)$ and $McDonald's (MCD.US)$.
Economists and Fed watchers will also be paying attention on Wednesday, when the minutes from the Federal Open Market Committee September meeting will be released. Finally, the annual meetings of the World Bank Group and the International Monetary Fund will run virtually all week.
Economic data out this week includes the Conference Board's Consumer Confidence Index for October on Tuesday, the Census Bureau's durable-goods report for September on Wednesday, and the Bureau of Economic Analysis' preliminary estimate for third-quarter GDP on Thursday.
Economists' consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Monday 10/25
Mega-cap tech companies headline the week's quarterly results starting with Facebook, which reports after the close. Alphabet and Microsoft follow on Tuesday, and Amazon.com and Apple on Thursday.
$Cadence Design Systems (CDNS.US)$, $Kimberly-Clark (KMB.US)$, and $Otis Worldwide (OTIS.US)$release quarterly results.
Tuesday 10/26
$3M (MMM.US)$, $Advanced Micro Devices (AMD.US)$, $Ameriprise Financial (AMP.US)$, $Capital One Financial (COF.US)$, $Chubb Ltd (CB.US)$, $Ecolab (ECL.US)$, $Eli Lilly and Co (LLY.US)$, $GE Aerospace (GE.US)$, $Hasbro (HAS.US)$, $Invesco (IVZ.US)$, $Lockheed Martin (LMT.US)$, $MSCI Inc (MSCI.US)$, $Novan (NOVN.US)$, $RTX Corp (RTX.US)$, $S&P Global (SPGI.US)$, $Sherwin-Williams (SHW.US)$, $Texas Instruments (TXN.US)$, $Twitter (Delisted) (TWTR.US)$, $United Parcel Service (UPS.US)$, and $Visa (V.US)$ report earnings.
The Census Bureau reports sales of new single-family houses for September. Consensus estimate is for a seasonally adjusted annual rate of 775,000 homes sold, 35,000 more than the August figure.
The Conference Board releases its Consumer Confidence Index for October. Expectations are for a 110 reading, similar to the September data. The index is 15% lower than its recent peak in June, with concern about the spread of the Delta variant and inflation dampening consumer optimism.
S&P CoreLogic releases its Case-Shiller National Home Price Index for August. Economists forecast a 20% year-over-year rise, a tick higher than July's 19.7% increase. If that estimate proves correct, it would be the fifth consecutive monthly record gain for the index.
Wednesday 10/27
$Automatic Data Processing (ADP.US)$, Boeing, $Bristol-Myers Squibb (BMY.US)$, $CME Group (CME.US)$, Coca-Cola, $eBay (EBAY.US)$, $Ford Motor (F.US)$, $General Dynamics (GD.US)$, $General Motors (GM.US)$, $Hilton Worldwide (HLT.US)$, $International Paper (IP.US)$, $The Kraft Heinz (KHC.US)$, McDonald's, $Norfolk Southern (NSC.US)$, $Old Dominion Freight Line (ODFL.US)$, $ServiceNow (NOW.US)$, $Spotify Technology (SPOT.US)$, and $Thermo Fisher Scientific (TMO.US)$ release quarterly results.
The Census Bureau releases the durable-goods report for September. New orders for manufactured durable goods are expected to decline 0.5% month over month to $262 billion, after a 1.8% gain in August. Excluding transportation, new orders are seen rising 0.8%, above August's 0.3% gain.
Thursday 10/28
$Altria (MO.US)$, $American Tower Corp (AMT.US)$, Caterpillar, $Comcast (CMCSA.US)$, $Gilead Sciences (GILD.US)$, $Intercontinental Exchange (ICE.US)$, $MasterCard (MA.US)$, $Merck & Co (MRK.US)$, $Moody's (MCO.US)$, $Newmont (NEM.US)$, $Northrop Grumman (NOC.US)$, $Sanofi (SNY.US)$, $Shopify (SHOP.US)$, $Starbucks (SBUX.US)$, and $Yum! Brands (YUM.US)$ hold conference calls to discuss earnings.
The Bureau of Economic Analysis reports its preliminary estimate for third-quarter GDP. Consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Friday 10/29
$AbbVie (ABBV.US)$, $Cboe Global Markets (CBOE.US)$, $Charter Communications (CHTR.US)$, $Chevron (CVX.US)$, $Colgate-Palmolive (CL.US)$, $Exxon Mobil (XOM.US)$, $L3Harris Technologies (LHX.US)$, and $Weyerhaeuser Co (WY.US)$ report quarterly results.
Source: CNBC, Barron's
Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
Wall Street is coming off a winning week on the back of strong corporate earnings. The blue-chip $Dow Inc (DOW.US)$ gained more than 1% last week and closed Friday at a record. The $S&P 500 Index (.SPX.US)$ rallied 1.7% last week, also posting its third straight positive week and hitting an all-time high Friday.
Of the 117 companies in the S&P 500 that have reported earnings to date, 84% posted numbers that beat expectations, according to Refinitiv. S&P 500 companies are expected to grow profit by about 35% in the third quarter.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Some of the biggest technology companies are slated to report earnings this week, including $Meta Platforms (FB.US)$, $Alphabet-C (GOOG.US)$, $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$ and $Apple (AAPL.US)$. A third of the Dow companies also is set to release quarterly results this week, including $Caterpillar (CAT.US)$, $Coca-Cola (KO.US)$, $Boeing (BA.US)$ and $McDonald's (MCD.US)$.
Economists and Fed watchers will also be paying attention on Wednesday, when the minutes from the Federal Open Market Committee September meeting will be released. Finally, the annual meetings of the World Bank Group and the International Monetary Fund will run virtually all week.
Economic data out this week includes the Conference Board's Consumer Confidence Index for October on Tuesday, the Census Bureau's durable-goods report for September on Wednesday, and the Bureau of Economic Analysis' preliminary estimate for third-quarter GDP on Thursday.
Economists' consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Monday 10/25
Mega-cap tech companies headline the week's quarterly results starting with Facebook, which reports after the close. Alphabet and Microsoft follow on Tuesday, and Amazon.com and Apple on Thursday.
$Cadence Design Systems (CDNS.US)$, $Kimberly-Clark (KMB.US)$, and $Otis Worldwide (OTIS.US)$release quarterly results.
Tuesday 10/26
$3M (MMM.US)$, $Advanced Micro Devices (AMD.US)$, $Ameriprise Financial (AMP.US)$, $Capital One Financial (COF.US)$, $Chubb Ltd (CB.US)$, $Ecolab (ECL.US)$, $Eli Lilly and Co (LLY.US)$, $GE Aerospace (GE.US)$, $Hasbro (HAS.US)$, $Invesco (IVZ.US)$, $Lockheed Martin (LMT.US)$, $MSCI Inc (MSCI.US)$, $Novan (NOVN.US)$, $RTX Corp (RTX.US)$, $S&P Global (SPGI.US)$, $Sherwin-Williams (SHW.US)$, $Texas Instruments (TXN.US)$, $Twitter (Delisted) (TWTR.US)$, $United Parcel Service (UPS.US)$, and $Visa (V.US)$ report earnings.
The Census Bureau reports sales of new single-family houses for September. Consensus estimate is for a seasonally adjusted annual rate of 775,000 homes sold, 35,000 more than the August figure.
The Conference Board releases its Consumer Confidence Index for October. Expectations are for a 110 reading, similar to the September data. The index is 15% lower than its recent peak in June, with concern about the spread of the Delta variant and inflation dampening consumer optimism.
S&P CoreLogic releases its Case-Shiller National Home Price Index for August. Economists forecast a 20% year-over-year rise, a tick higher than July's 19.7% increase. If that estimate proves correct, it would be the fifth consecutive monthly record gain for the index.
Wednesday 10/27
$Automatic Data Processing (ADP.US)$, Boeing, $Bristol-Myers Squibb (BMY.US)$, $CME Group (CME.US)$, Coca-Cola, $eBay (EBAY.US)$, $Ford Motor (F.US)$, $General Dynamics (GD.US)$, $General Motors (GM.US)$, $Hilton Worldwide (HLT.US)$, $International Paper (IP.US)$, $The Kraft Heinz (KHC.US)$, McDonald's, $Norfolk Southern (NSC.US)$, $Old Dominion Freight Line (ODFL.US)$, $ServiceNow (NOW.US)$, $Spotify Technology (SPOT.US)$, and $Thermo Fisher Scientific (TMO.US)$ release quarterly results.
The Census Bureau releases the durable-goods report for September. New orders for manufactured durable goods are expected to decline 0.5% month over month to $262 billion, after a 1.8% gain in August. Excluding transportation, new orders are seen rising 0.8%, above August's 0.3% gain.
Thursday 10/28
$Altria (MO.US)$, $American Tower Corp (AMT.US)$, Caterpillar, $Comcast (CMCSA.US)$, $Gilead Sciences (GILD.US)$, $Intercontinental Exchange (ICE.US)$, $MasterCard (MA.US)$, $Merck & Co (MRK.US)$, $Moody's (MCO.US)$, $Newmont (NEM.US)$, $Northrop Grumman (NOC.US)$, $Sanofi (SNY.US)$, $Shopify (SHOP.US)$, $Starbucks (SBUX.US)$, and $Yum! Brands (YUM.US)$ hold conference calls to discuss earnings.
The Bureau of Economic Analysis reports its preliminary estimate for third-quarter GDP. Consensus estimate is for a seasonally adjusted annual growth rate of 4%, after the economy grew 6.7% in the second quarter.
Friday 10/29
$AbbVie (ABBV.US)$, $Cboe Global Markets (CBOE.US)$, $Charter Communications (CHTR.US)$, $Chevron (CVX.US)$, $Colgate-Palmolive (CL.US)$, $Exxon Mobil (XOM.US)$, $L3Harris Technologies (LHX.US)$, and $Weyerhaeuser Co (WY.US)$ report quarterly results.
Source: CNBC, Barron's
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