Optus $Singtel (Z74.SG)$  and TPG $TPG Telecom Ltd (TPG.AU)$ have stated in 2021 that they did not notify customers that the internet speeds they were being charged for were not achievable on the infrastructure. Under the Australian Communications and Media Authority (ACMA), telcos must verify maximum internet speeds and notify customers when they cannot meet their advertised speeds. In addition to this, customers have the right to switch to a che...

Metaverse has created quite a stir, with tech and cryptocurrency projects making a beeline into this virtual world. Not wanting to be left behind, Chinese Internet tech giant $Alibaba (BABA.US)$ is drawing up the blueprint for its own metaverse.
What Happened: Alibaba has registered a new company named Yuanjing Shengsheng in Beijing to test the gaming potential of the metaverse, the South China Morning Post reported.
Yuanjing Shensheng has been registered as a company offering software development and services and has 10 million yuan ($1.6 billion) in registered capital, the report said, citing public registry tracking firm Tianyancha.
A report in a local media outlet, citing unnamed Alibaba staff, said the unit is likely to focus on the metaverse.
The development, according to the report, underlines Alibaba's intent to make a splash in the metaverse following similar actions by its Chinese peers, including $Tencent (TCEHY.US)$ , $Baidu (BIDU.US)$ and $NetEase (NTES.US)$ .
The setting up of the unit is to leverage the company's edge and cloud computing technology to establish the essential infrastructure for the metaverse, the SCMP reported, citing an analyst at Omdia.
Alibaba has already submitted applications to trademark the Chinese terms for "Ali Metaverse," "Taobao Metaverse" and "DingDing Metaverse," the report said.

$Visa (V.US)$
Visa's moat is VisaNet, a network that connects 15,200 financial institutions, 3.6 billion cardholders and 70 million merchants around the world. Rebuilding that network is almost impossible, largely because there is no new economic incentive to do so.
The direct result is that the competition pattern in this market is very stable, and the four small companies with cross-border payment transfer and clearing capability are Mainly Visa, Mastercard, American Express, China Unionpay, JCB and Discover.

$TENCENT (00700.HK)$
Fear and greed are two super-contagious maladies that flare up in capital markets from time to time and are here to stay. The timing of the onset of these two conditions is unpredictable, as is the irrational market behaviour they trigger. Neither its duration nor the extent of the contagion can be predicted. So we never try to guess when they will come and when they will go. Our goal is simple: be fearful when others are greedy, and be greedy when others are fearful.

$Roku Inc (ROKU.US)$ Roku Inc (ROKU) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, November 3, 2021. The consensus earnings estimate is $0.06 per share on revenue of $679.27 million and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat The company's guidance was for revenue of $675.00 million to $685.00 million.
Consensus estimates are for earnings to decline year-over-year by 33.33% with revenue increasing by 50.39%. Short interest has increased by 27.6% since the company's last earnings release while the stock has drifted lower by 20.2% from its open following the earnings release to be 17.1% below its 200 day moving average of $367.92. Overall earnings estimates have been revised higher since the company's last earnings release.

Other Highlights: $Amazon (AMZN.US)$ The company highlighted its Black Friday holiday sales starting even earlier this year, dating back to Oct. 4.
Same-day delivery was added to nine cities during the quarter, bringing the company’s total to 15 cities in the U.S.
Amazon.eg was launched in the quarter, bringing Amazon to the Egypt market.
Amazon One, which lets customers enter a store and pay using their palm, was added to third-party locations in the third quarter by AXS and Climate Pledge Arena. The technology is also used at 70 Amazon and Whole Foods stores.
The company highlighted the launch of “New World,” a multiplayer PC game. The game was the highest played new game on Steam this year and was the most watched game on Twitch during its launch week.

$PING AN (02318.HK)$
👉Ping An 2021 Q3 Financial Report
Report said:”…平安还积极履行企业公民责任，为广大客户、股东和社会创造稳健增长的价值，为实现人民对美好 生活的向往和社会的共同富裕而不懈奋斗。”
Common Prosperity 🚀

$Uber Technologies (UBER.US)$ Buy or Sell?

$Netflix (NFLX.US)$ Netflix has delivered exceptionally well for shareholders over the past decade. As competition continues to materialize, investors will likely be concerned about the company's future. I will maintain the positions, and we also see more than enough growth runway for those interested in entering a long position today. Historically, Netflix has been an extremely well-managed company. We believe NFLX is well-positioned to balance future growth prospects with profitability. Netflix will continue to innovate and serve as a leader in the SVoD market for several years to come.