$Futu Holdings Ltd (FUTU.US)$ Share price should hold well these 2 days because of upcoming Dividend of US$2 per share, ex-date 6 December 2024.
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$Verb Technology (VERB.US)$ “I'm Rory J. Cutaia, VERB CEO, and I wanted to take this opportunity to share some information about the Company. Specifically, I want to address the recent reverse stock split, the current share price, the current businesses that comprise the Company, our financial condition, and finally, our future prospects.
But first -- here's the headline -- as of today, October 10, 2024, our market cap is approximately $3.8M, and as of our last Form 10-Q...
But first -- here's the headline -- as of today, October 10, 2024, our market cap is approximately $3.8M, and as of our last Form 10-Q...
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$Tesla (TSLA.US)$ Based on history, the most recent three significant daily decline percentages are :
1. Fri Sep 6 : 8.45%
2. Wed Jul 24 : 12.33%
3. Thur Jul 11 : 8.44%
1. Fri Sep 6 : 8.45%
2. Wed Jul 24 : 12.33%
3. Thur Jul 11 : 8.44%
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$Futu Holdings Ltd (FUTU.US)$ Summarized from Moomoo News 3 October 2024:
On October 2, JPMorgan maintained an “overweight” rating on Futu Holdings, raising the target price from $88 to $160. Futu is expected to benefit from the Hong Kong market rally, driving strong asset growth and significant mark-to-market gains in 2024. JPMorgan’s 2025 earnings forecast for Futu is 36% above consensus, with the stock trading at a discount to the broader market. A high trading...
On October 2, JPMorgan maintained an “overweight” rating on Futu Holdings, raising the target price from $88 to $160. Futu is expected to benefit from the Hong Kong market rally, driving strong asset growth and significant mark-to-market gains in 2024. JPMorgan’s 2025 earnings forecast for Futu is 36% above consensus, with the stock trading at a discount to the broader market. A high trading...
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$Palantir (PLTR.US)$ Palantir Technologies’ shares rose after a report indicated that co-founder Peter Thiel completed the sale of 12.412 million shares under a trading plan. The shares were sold at an average price of $36.85, leaving Rivendell 7 LLC, the entity through which Thiel sold the shares, with approximately 34.26 million shares remaining. Thiel had until Dec. 2025 to execute the plan but has now sold the maximum allowed shares.
Additionally, Palantir announced a strateg...
Additionally, Palantir announced a strateg...
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$PDD Holdings (PDD.US)$
Below is my estimate of PDD EPS for FY2024:
* Q1 2024: Actual EPS came in at CNY18.9.
* Q2 2024: Actual EPS was CNY21.60.
* Q3 2024: Actual EPS was CNY21.00.#
* Q2 2024: Actual EPS was CNY21.00.#
## Earnings are expected to fluctuate due to increased investments in merchant support and competitive pressures, with overall projections for full-year EPS around CNY82.5 or US$11.7 (assuming flat qtr on qtr growth till Q4).
Based on current price of US$154, it i...
Below is my estimate of PDD EPS for FY2024:
* Q1 2024: Actual EPS came in at CNY18.9.
* Q2 2024: Actual EPS was CNY21.60.
* Q3 2024: Actual EPS was CNY21.00.#
* Q2 2024: Actual EPS was CNY21.00.#
## Earnings are expected to fluctuate due to increased investments in merchant support and competitive pressures, with overall projections for full-year EPS around CNY82.5 or US$11.7 (assuming flat qtr on qtr growth till Q4).
Based on current price of US$154, it i...
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$PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ Goldman Sachs pointed out that the median forward price-to-earnings ratio for the Chinese internet-related industry is 14.3 times over the next 12 months, still at a discount of over 40% compared to the internet companies in the USA. However, the valuations of e-commerce companies such as Alibaba, PDD Holdings, and JD.com are only 9-12 times,...
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Hong Kong stocks jumped by the most in seven months after China unveiled a broad package of stimulus measures to bolster the economy and the equity market, ranging from new financing facilities for share buy-backs to cuts in borrowing costs.
To support the stock market, China will set up a swap facility that will allow brokerages, mutual funds and insurers to tap funding from the central bank, Pan Gon...
To support the stock market, China will set up a swap facility that will allow brokerages, mutual funds and insurers to tap funding from the central bank, Pan Gon...
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