$Super Micro Computer (SMCI.US)$
Super Micro Computer (SMCI.US) plans to use the proceeds from the crediting facility to fully repay and withdraw each term loan facility and Asset Based Lending (ABL) agreement. Here is a detailed analysis of the situation:
What is a revolving crediting facility?
A revolving crediting facility is a loan arrangement that allows a company to borrow and repay at any time within a certain credit limit, similar to a credit card. This facility provides a flexible fund management tool, making it easy for companies to meet short-term cash needs.
What are term loan facilities and Asset-Based Lending (ABL) agreements?
- **Term Loan Facility**: It is a type of fixed-term loan where the company needs to repay the principal and interest in installments or in one lump sum within the agreed term after borrowing.
- **Asset-Based Lending (ABL) Agreement**: It is a loan arrangement where company assets (such as receivables, inventory, etc.) are used as collateral, allowing the company to secure financing based on the value of these assets.
### The significance of using revolving credit facilities to repay term loans and ABL agreements
1. **Increased Flexibility**:
- Term loans and ABL agreements usually come with strict repayment schedules and terms, while revolving credit facilities offer greater flexibility, allowing companies to withdraw funds when needed and repay when there is surplus...

$NVIDIA (NVDA.US)$
NVIDIA Q1 FY25 earnings conference call is scheduled for May 22 at 5:00 PM ET/ May 23 at 5:00 AM SGT/May 23 at 7:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from NVIDIA's Q1earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what management has to say!
Disclaimer:
This presentation is for information and educational use only and is not a recommendation or endorse...

TIGR has been trading in a range for almost a year.  It's trying for another attempt to breakout.  immediate resistance is 5.79 and breakout after 6.38.  I have call this stock at the low.
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$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $SPDR S&P 500 ETF (SPY.US)$

$Futu Holdings Ltd (FUTU.US)$
Today's big drop on premarket based on Futu apps discontinuation in Mainland China costing so many panic selling and shorties thoughts it's a good chance to make money which ends up being a bear trap instead. for bag holders who catch the cheap offer now enjoying it and laughed at shorties getting burned. Now Futu enter the Malaysia market hope this pushes the price up again..