Rico Thierman
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$Meta Platforms(META.US$
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
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Rico Thierman
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As a next generation digital brokerage, Moomoo Malaysia recognises the importance of providing retail investors with access to products that were once only available to select groups of individuals. Moomoo is committed to promoting financial education by helping people develop critical skills to make rational and informed decisions about their financial futures.
To that end, the Moomoo platform is replete with the resources needed to help i...
To that end, the Moomoo platform is replete with the resources needed to help i...
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Rico Thierman
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Rico Thierman
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$Nextracker(NXT.US$ pure price action look at this stock. Not much of history, still in price discovery phase, presumably following listing in Feb'23. The 1W shows it peaked momentarily at $62 region, cementing an immediate target. Pivot points at 49.5, 44.0, 36.4
Fair bit consolidation in zone between $36~$40 range; strong support zone. Perhaps in coming weeks will see another consolidation zone between $44~$50
This company has a sound business, offshoot from their association with $Flex Ltd(FLEX.US$ , good ha...
Fair bit consolidation in zone between $36~$40 range; strong support zone. Perhaps in coming weeks will see another consolidation zone between $44~$50
This company has a sound business, offshoot from their association with $Flex Ltd(FLEX.US$ , good ha...
+1
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Rico Thierman
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Investing is a crucial strategy for growing your wealth, and starting early can maximize its benefits. By investing your money, you can enhance your purchasing power, generate passive income, and take advantage of compound interest. However, it's important to remember that investing comes with risks, including the possibility of losing your money.
Therefore, it is crucial to educate yourself and equip yourself with the necessary knowle...
Therefore, it is crucial to educate yourself and equip yourself with the necessary knowle...
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Rico Thierman
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After a brief rebound in the US stock market, the S&P 500 index and the Dow Jones Industrial Average declined slightly, while the Nasdaq Composite rose slightly. Among the “Seven Sisters” in the tech sector, Tesla bucked the trend and recorded an increase of nearly 5%, while Meta retreated from its all-time high. The chip industry maintained a positive trend, and TSMC's shares in the US market closed up 1%, despite Nvidia falling 1%.
The strong performance of Tesla's stock price was attributed by some analysts to Elon Musk's urgent announcement of the upcoming autonomous taxi Robotaxi. This move is thought to be aimed at boosting stock prices. At the same time, in addition to its achievements in the graphics processing unit (GPU) performance competition, Nvidia also silently launched NVLink technology, which can significantly increase the data sharing speed between GPU and CPU by 5 to 12 times.
In terms of the US economy, a survey by the Federal Reserve Bank of New York shows that although US inflation expectations seem to remain stable in the short term, concerns about long-term debt have resurfaced. Crude oil prices ended six consecutive gains, while gold hit a record intraday high for seven consecutive days. In the metals market, London copper prices have rebounded to a two-year high, while tin prices have risen by nearly 3.7%, reaching a 14-month high. The price of the cryptocurrency Bitcoin has also risen, once close to a record high.
In the Chinese market, the China Securities Index ended a three-day downward trend. Ideal Auto's stock price rose by nearly 5%, while Baidu's stock price fell by more than 3%...
The strong performance of Tesla's stock price was attributed by some analysts to Elon Musk's urgent announcement of the upcoming autonomous taxi Robotaxi. This move is thought to be aimed at boosting stock prices. At the same time, in addition to its achievements in the graphics processing unit (GPU) performance competition, Nvidia also silently launched NVLink technology, which can significantly increase the data sharing speed between GPU and CPU by 5 to 12 times.
In terms of the US economy, a survey by the Federal Reserve Bank of New York shows that although US inflation expectations seem to remain stable in the short term, concerns about long-term debt have resurfaced. Crude oil prices ended six consecutive gains, while gold hit a record intraday high for seven consecutive days. In the metals market, London copper prices have rebounded to a two-year high, while tin prices have risen by nearly 3.7%, reaching a 14-month high. The price of the cryptocurrency Bitcoin has also risen, once close to a record high.
In the Chinese market, the China Securities Index ended a three-day downward trend. Ideal Auto's stock price rose by nearly 5%, while Baidu's stock price fell by more than 3%...
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Rico Thierman
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📉 $Elders Ltd(ELD.AU$ share price is experiencing a rocky start to the week! 💔
😮 In morning trade, the ASX 200 share plummeted by a stunning 29% to hit $7.00. Ouch! 😱
🌱 Although the agribusiness company's shares have recovered a bit since then, they're still down 25% at the time of writing. 💔
Why is this ASX 200 share crashing?
📉 Investors panicked on Monday, frantically selling shares in response to a trading update! 😱 The first ha...
😮 In morning trade, the ASX 200 share plummeted by a stunning 29% to hit $7.00. Ouch! 😱
🌱 Although the agribusiness company's shares have recovered a bit since then, they're still down 25% at the time of writing. 💔
Why is this ASX 200 share crashing?
📉 Investors panicked on Monday, frantically selling shares in response to a trading update! 😱 The first ha...
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