Internet of Things (IoT) refers to the network of interconnected devices, sensors, and objects that can communicate and share data over the internet. These devices range from smart thermostats and wearable fitness trackers to industrial machines and autonomous vehicles. IoT technology uses real-time data collection, analysis, and automation, turning separate products and services into a connected system centered around each individual. Internet of Things (IoT) companies operate in a rapidly growing field with many applications, offering opportunities for efficiency gains, data-driven insights, cross-industry collaboration, and the potential for market disruption, all of which are appealing to investors seeking growth and innovation.
unexpected gain: none
future tactics: price action with options strategies
most importantly is stay invested. trade on what you see. not what you think. when you think market can't go higher, it will go even higher. I make some mistake short a few positions and learn my lesson. try not to short in bull market. price above 200dma.
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Gapping up
$Oracle (ORCL.US)$ rallied 7.9% after its fiscal first-quarter earnings of $1.39 per share on $13.31 billion in revenue exceeded expectations, with forecasts having predicted $1.32 per share on $13.23 billion.
$Alibaba (BABA.US)$ 's U.S.-traded shares increased by more than 2.7% after its Hong Kong shares were included in the stock connect programs with Shanghai and Shenzhen exchanges, a move expected to at...
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They look undervalued to me.
unless I'm missing something, the key problem is the interest expense, +839% yoy, so they will benefit rate cuts
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