Ong Zong Chen
voted
$Bitcoin (BTC.CC)$
Background:
Scaramucci's bullish prediction comes as Bitcoin experiences significant price movements, with a recent peak above $49,000, and the cryptocurrency world witnessing major regulatory developments like the approval of spot Bitcoin ETFs.
Details:
Anthony Scaramucci of SkyBridge forecasts Bitcoin hitting over $170,000 by 2025, influenced by halving and ETFs.
Bitcoin's expected surge linked to demand from n...
Background:
Scaramucci's bullish prediction comes as Bitcoin experiences significant price movements, with a recent peak above $49,000, and the cryptocurrency world witnessing major regulatory developments like the approval of spot Bitcoin ETFs.
Details:
Anthony Scaramucci of SkyBridge forecasts Bitcoin hitting over $170,000 by 2025, influenced by halving and ETFs.
Bitcoin's expected surge linked to demand from n...
3
Ong Zong Chen
voted
3
Ong Zong Chen
voted
$Tesla (TSLA.US)$shares plummeted on Thursday after reporting a first quarter earnings miss.
Why did Tesla's earnings report disappoint the market so much? After an 80% surge since the beginning of the year, will Tesla be able to continue its rebound in the coming quarters?
What are the market's concerns about Tesla's financial results?
In fact, Tesla's stock price has been in turmoil since March after a strong rebound at the beg...
Why did Tesla's earnings report disappoint the market so much? After an 80% surge since the beginning of the year, will Tesla be able to continue its rebound in the coming quarters?
What are the market's concerns about Tesla's financial results?
In fact, Tesla's stock price has been in turmoil since March after a strong rebound at the beg...
+1
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Ong Zong Chen
voted
Perhaps the most anticipated Q1'23 results of them all.
$Tesla (TSLA.US)$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
$Tesla (TSLA.US)$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
+1
19
7
Ong Zong Chen
voted
Interest rate expectations are back on the rise ahead of tomorrow’s Fed meeting.
The base case now shows an 85% chance of a 25 bps rate hike tomorrow.
It also shows a 60% chance of another 25 bps rate hike in May.
Just last week, the base case showed no more rate hikes ahead.
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Invesco QQQ Trust (QQQ.US)$
The base case now shows an 85% chance of a 25 bps rate hike tomorrow.
It also shows a 60% chance of another 25 bps rate hike in May.
Just last week, the base case showed no more rate hikes ahead.
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Invesco QQQ Trust (QQQ.US)$
2
Ong Zong Chen
commented on
$NVIDIA (NVDA.US)$ With Lao Huang's blessing, do we think it will return to 300?
Translated
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