$Enovix (ENVX.US)$ Updates from firechat: 1. We are very soon to annouce an agreement with another phone OEM. 2. By end of this year, agility yield will ne more than 90%. 3. We are going to make a large cell on high-volume line by end of this year. 4. We have enough cash to completely pay for Line 1, we have runway until 2026. 5. We have support from the Malaysian Governmemt to get funding, and they are currently talking to some customers who are interested. 6. I need some liquidity to purchase ...
After falling in the morning, the market rebounded in the afternoon after semiconductor prices pulled the S&P 500 and Nasdaq higher. CPI inflation data showed the lowest price increase for three years, and markets reacted to debate comments. Seven out of 11 S&P 500 sectors climbed, and the Nasdaq climbed 3% from its intraday low. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$traded +1.07%, the$Dow Jones Industrial Average (.DJI.US)$fell just...
affable Blobfish_403
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The significant decline and rise indicate an exceptionally fierce struggle between the power of the election and the power of the market, with hope for the future.
Happy trading, it's Wednesday, September 11th. The market squarely pulled back this morning, even after CPI came in a year-to-year low that had not been seen since before inflation ran up during the pandemic in 2021. It is a solemn anniversary in the New York City metro area, but we will never forget. Still, the market paid more attention to the aftermath of the first debate between former President Donald Trump an...
Since 1928, the$S&P 500 Index (.SPX.US)$has averaged a 1.1% decline in September. This year, with an election looming and the prospect of a rate-cutting cycle, investor sentiment is more nervous. The "September effect" appears to be resurfacing, with the S&P 500 down 3.14% month-to-date as of Monday's close, now in the second week of September. Last week, we published "Wall Street is Bracing for September Curse Again. What's New and How to Tackle It," outlini...
Updates from firechat:
1. We are very soon to annouce an agreement with another phone OEM.
2. By end of this year, agility yield will ne more than 90%.
3. We are going to make a large cell on high-volume line by end of this year.
4. We have enough cash to completely pay for Line 1, we have runway until 2026.
5. We have support from the Malaysian Governmemt to get funding, and they are currently talking to some customers who are interested.
6. I need some liquidity to purchase ...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded +1.07%, the $Dow Jones Industrial Average (.DJI.US)$ fell just...
Still, the market paid more attention to the aftermath of the first debate between former President Donald Trump an...
*If your broker can lend stocks, please short RYDE* $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $Futu Holdings Ltd (FUTU.US)$ $SIA (C6L.SG)$ $Tesla (TSLA.US)$
The "September effect" appears to be resurfacing, with the S&P 500 down 3.14% month-to-date as of Monday's close, now in the second week of September.
Last week, we published "Wall Street is Bracing for September Curse Again. What's New and How to Tackle It," outlini...
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