At the close of the Hong Kong stock market on March 20th, $TENCENT(00700)$ released its financial report for Q4 and the full year of 2024. Investment HighlightsIncome slightly below expectations, with the gaming business lagging behind and the monetization of video acts growing. Particularly, domestic games are underperforming, with older games showing relatively better performance, but inevitably entering a downward cycle, while new games are below expectations and are at a disadvantage compared to similar competitors. Overseas game growth remains steady and serves as a strong support. Additionally, with the help of AI, advertising further improves efficiency, and the rise in video acts also boosts the benefits of the WeChat ecosystem. Furthermo

I believe most of us are familiar with Sea limited due to shopee and garena. Today, we are going to talk about this company before its earnings release tomorrow.  For the past few weeks, Sea Limited investors have witnessed a remarkable revival in buying sentiments late despite intensified competition from TikTok. Investors likely anticipate more optimistic guidance at Sea Limited's upcoming earnings release this coming Monday. SE SE seems on the verge of a decisive breakout for further potential gains towards the $55 and $70 level. Unless Sea disappoints with its forward guidance again, the risk/reward looks increasingly attractive. I was surprised that SE still demonstrated resilience as it bottomed out in January 2024 before staging an almost 45% recovery through this wee

$Oracle(ORCL)$ stock price rose 11.75% on Tuesday, the largest single-day increase in more than two years, and closed at $127.54, a record high. The company previously reported third-quarter results that exceeded expectations, with revenue from its cloud services and licensing support divisions growing 12%. 1. $Oracle(ORCL)$ Earnings Highlight:The cloud computing giant announced third-quarter results that were better than Wall Street expectations, and said it had signed a series of large-scale cloud computing service contracts driven by artificial intelligence demand, superimposing the third-quarter results as of February. In the financial quarter, Oracle's remaining performance obligations (RPO, a measur

*TA as of 24/2/24. But no change to the overall thesis. Hi everyone! Today I’ll analyse a Latin-American e-commerce company: MercadoLibre, Inc. (NASDAQ: MELI) Let’s take a look at the weekly trend. MELI is forming a series of higher lows (ascending black trendline), and previously a series of higher highs. Note that we have not seen a higher high since 2021. During the 2022 bear market, MELI finally retested its long-term trendline, before trading in what appeared to be a bearish ascending channel (green trendlines). However, once we broke over 1,200s, it became clear this was merely a sustained uptrend from a higher low. Recently, MELI broke out of its channel, before a 10%+ ER dump on falling short of consensus estimates, as well as a one-off tax expense in Brazil that won’t show up in s

$Upstart Holdings, Inc.(UPST)$ is scheduled to announce Q4 earnings results on 13 Feb 2024 after market close. The consensus EPS Estimate is -$0.14 (+44.0% Y/Y) and the consensus Revenue Estimate is $135.3M (-7.9% Y/Y). Degradation in the macro environment, conservative assumption for Upstart Macro Index in loan pricing, seasonal headwinds and tightening from funding partners are expected to have hurt the top line in the quarter under discussion. Consumer delinquencies are elevated, and funding markets remain limited in their appetite for risk. This is expected to have increased loan pricing in the company’s platform and lowered approval rates for loan applicants, thus reducing transaction volume and affecting the top line. However, Upstart’s fou

Last Week's RecapThe US Market - The $S&P 500(.SPX)$ @ 5KThe $S&P 500(.SPX)$ ’s more than 1% gain for the week pushed the index above the 5,000-point threshold for the first time and marked its 14th positive result out of the past 15 weeks. The $NASDAQ(.IXIC)$ added more than 2%  while the $DJIA(.DJI)$ posted a fractional gain. Strong earnings results from selected technology companies fueled another week of equity market.The U.S. small-cap stocks $iShares Russell 2000 ETF(IWM)$ posted a 2.5% gain for the week, but that positive result came on the heels of a sh

$Coca-Cola(KO)$ is expected to release earnings on 13 Feb 2024 before the market opens (BMO). Coca-Cola boasts a high brand value and a diversified portfolio of beverages, providing resilience against market fluctuations and the challenges faced in 2020 due to the pandemic. The company’s ability to generate profits through licensing its trademark to beverage manufacturers enhances its revenue streams and profitability. It also has a history of rising dividend payouts. Despite facing challenges, Coca-Cola maintains a stable market share in North America, its largest market. Coca-Cola Emerging Markets Penetration - Middle-Class Growing Over the past few years after pandemic, we have seen middle-class population growing in emerging markets, this has d

$Robinhood(HOOD)$ is scheduled to announce Q4 earnings results on 13 Feb 2024 after market close. The consensus EPS Estimate is $0.07 and the consensus Revenue Estimate is $452.78M (+19.2% Y/Y). Robinhood have been focusing heavily on developing new products and entering new markets, including its cryptocurrency offerings. Robinhood further reported $52.9 billion in equity trading volume and 95.3 million options contracts traded. Margin loan balances edged down to $3.4 billion, while total cash sweep balances rose 9% to $15.2 billion at month's end. The majority of the increase came from Robinhood's Gold cash sweep product. Prevalence Of Stock-Trading Apps According to study by the Federal Reserve Bank of New York's

Insights: 1. Coca-Cola's performance over the past few quarters indicates steady recovery, supported by its strong moat, providing ample room for price appreciation. 2. As a consumer staple giant, Coca-Cola effectively combats inflationary pressures through pricing strategies, though macroeconomic risks in consumer recovery must be cautiously managed. 3. The stock's continued high volatility over the past two years reflects market uncertainty. Given the current lack of consumer momentum, investors should await more favorable opportunities. Long-term holding is advisable for Coca-Cola investments. Financial Analysis: Revenue Growth Surpasses Expectations, Profit Performance Moderate Revenue: Coca-Cola's revenue for the fourth quarter reached $10.85 billion, a 7.2% year-over-year increase, s

$McDonald's(MCD)$ $Occidental(OXY)$    McDonald's Flexes Tech Muscle While Overcoming Outage Hiccup: A Bullish Sign for Investors? McDonald's, the world's largest fast-food chain, is making headlines for two recent developments. On the one hand, they're demonstrating a commitment to technological innovation through their partnership with Google Cloud. This strategic move positions them to leverage advanced cloud-based solutions for potentially smoother operations and an enhanced customer experience in the future. On the other hand, McDonald's recently faced a temporary setback with a technology outage affecting digital ordering systems in several Asia-Pacific regions

$Shopify(SHOP)$ is expected to release earnings on 13 Feb 2024 before the market opens (BMO). Shares surged in early November after the Canadian e-commerce firm reported another quarter of strong bottom-line and top-line growth and also gave an upbeat outlook. Like a lot of similar e-commerce companies, Shopify has been cutting costs. In May, the company laid off 20% of its workforce. It also announced plans to sell its logistics unit to Flexport, a supply chain software startup. Shopify's fourth-quarter profit is expected to more than quadruple to 31 cents a share, with revenue up 19% to $2.07 billion. Technical is showing uptrend based on Shopify have been trading for more than 50 trading sessions above the 50-day MA period. I would think invest

Earnings Calendar (11 Mar 2024) In the coming week, there are a few earnings of interest like Oracle, Clover, ZIM, UIPath, Dollar General, Adobe and Jabil. Let us look at the earnings of ZIM in detail. Zim Integrated Shipping Services Ltd., commonly known as ZIM, is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. The stock has fallen 45.72% from a year ago and currently, Investing has issued a “Strong Sell” rating. ZIM saw revenue growth for the last few years, from $3,991M (2020) to $13,839M (TTM). The Operating income has grown from $705M (2020) to $7,551M (TTM). Unfortunately, EPS (TTM) has turned negative at -17.75. For the balance sheet, we see growth in Total Assets and Total Debt. Capitalization has increased over time and ordinar

Before the US market opened yesterday, $ON Semiconductor(ON)$ , the automotive chip leader, released its fourth-quarter earnings report, slightly exceeding expectations:As a result, ON Semiconductor's stock price soared by 10%, reversing its downward trend:Despite the strong reaction in the stock price, ON Semiconductor's earnings guidance remains weak. The surge behind it may be that the market's pessimism has been released in the previous decline, coupled with the valuation being at a low level and the capacity utilization rate expected to hit a trough. The long-term prospects of ON Semiconductor are still appealing!Specifically, ON Semiconductor's revenue was $2.018 billion for the fourth quarter, which was at the upper limit of the management′s

🌍Global Struggles: Beyond Meat faces challenges with falling net revenue and share prices, entering its sixth consecutive quarter of negative sales growth. $Beyond Meat, Inc.(BYND)$ 📉Financial Deterioration: Q3 performance indicates a 9% sales decline, a $7.3m gross profit loss, and a $57m EBITDA loss. The company's net debt has risen to $1bn.🌐European Expansion: Beyond Meat seeks growth in Europe, with a distribution deal in Romania through Nordic Food, aiming to capitalize on what it perceives as a faster-growing market than the US.🌱US Market Struggles: Beyond Meat faces challenges in the US market, particularly in the retail meat alternatives category, with declining sales and difficulty retaining customers despite various strategies.🌐Internati