XPeng Inc. (NYSE: XPEV and HKEX: 9868) today announced its vehicle delivery results for March and the first quarter 2023.In March 2023, XPENG delivered 7,002 Smart EVs, representing a 17% increase over the prior month. Total deliveries for the first quarter of 2023 reached 18,230 vehicles.The new sports sedan P7i, launched in March for the Chinese market, has generated favorable market reception and its order backlog is gathering strong momentum. A total of 3,030 P7 series sedans were delivered in March, representing a 32% increase month-over-month.The launch of the new P7i also boosted the Company’s store traffic, pushing test drive volume to recent heights. Delivery of the P7i began nationwide in March.On March 31, 2023, XPENG began the rollout of the first phase of XNGP (NGP: Navigation
Overnight, the Conference Board released a consumer confidence index of 104.2 for March, which was higher than expected and higher than the previous value of 103.4. Meanwhile, the Richmond manufacturing index was better than expected in March.PictureI believes that,In the stormy March of Silicon Valley banks and signature banks, consumer confidence was still stronger than expected and previous values, which shows that some institutions really took pains.After the banking thunder crisis in the United States, the overall financial situation has relaxed. As shown in the following figure, the green line is the trend of the S&P 500 index and the black line is the Goldman Sachs American Financial Conditions Index, which show a mirror symmetrical trend.The continuous rebound of US stocks alwa
My investing museTurkey & SyriaThe main thing in my heart is the earthquake that hit Turkey and Syria. It is heartbreaking to see the destruction. What awaits both countries will be challenging months ahead.From the comfort of my home, I was able to do this review with warm food & roof over my head. From the latest update, over 25,000 fatalities have been reported from this earthquake. This number is expected to rise over the days.If you have resources to spare, I hope that you can consider donating to help the displaced. Please feel free to work with your local charity or you can consider donating to Unicef via the link below:https://www.unicef.org/turkiye/enMarket IrrationalityI am seeing more irrationality in the market. With companies announcing layoffs, stock price increases a
$Zoom(ZM)$ Always remember the "price target" double discount. Targets are usually juiced an extra 15%. Also, targets are for the price in the coming year, so you need to apply standard discount factor, which is about 15% in today's market for a stock like ZM. So $95/1.15/1.15 = $72. That's what RBC's one-year price target translates to for a "fair value".
What happens if dr sue took her laptop secret technology over to intel for a better and bigger paycheck???? Traders might !! Might get a lapdance??? ( can I will I get one too) just kidding.AMD wins nearly a third of processor market,Financial conditions are not tight enough,..so what will happen to AMD?????$Advanced Micro Devices(AMD)$
Investing in the stock market is not a matter of chance, luck, or gambling. Instead, as with any accomplishment, it’s the result of hard work, knowledge, skill, and perseverance. Consistency, commitment, and having a long-term vision are key to avoiding the pitfalls of self-sabotaging behavior.$Tesla Motors(TSLA)$
Feb 13 marks the end of pandemic restrictions, a day before Budget 2023. Masks no longer mandatory, shift to Dorscon Green, and cessation of the multi-ministry task force, highlights the receding threat of COVID-19 in Singapore. While the news is unlikely a gamechanger for tourist arrivals and retail sales, it nevertheless completes Singapore's transition to normalcy. Passenger traffic at Changi Airport has recovered to 80% of pre-COVID. Further recovery should take hold with the return of Hong Kong and China tourists as they made up c.21% of visitor arrivals in 2019. They are also in net cash position, that's a big plus in this high interest rate era. Net cash is a measure of a company's liquidity - its ability to quickly meet its financial obligations. Investors can use net cash to help
$Netflix(NFLX)$ After weeks of rumors that it would do so, Netflix's board has approved a seven-for-one stock split. The move could generate renewed interest in the SVOD provider's stock price, driving up the newly split shares' value more quickly.In the short term, the stock split will give smaller investors a chance to buy into Netflix's red-hot shares, and won't necessarily change the company's valuation at all.Investors will receive a stock dividend of six additional shares of Netflix common stock for each outstanding share of common stock, payable on July 14 to shareholders who are on record on July 2.
$Pfizer(PFE)$ Analysts have downgraded Pfizer due to less demand for Covid vaccines. The big question mark is about their Paxlovid treatment and future earnings expectations from countries. There seems to be no current information for greater future earnings projections. When there is news, the selling price will likely go up. I see the near term as a potential buying opportunity.