💰 New Alpha | Leverage Temasek's secret sauce: RBLX/TME/STNE
💰 For market watchers all over the world, cautious sentiment reaching unprecedented levels.
💹 $Roblox Corporation(RBLX)$/$Tencent Music(TME)$/$StoneCo(STNE)$ : investors can leverage Temasek's portfolio for higher yields.
📣 Stay tuned, supercharge purchasing power through CashBoost!
Good news keeps rollin' in, big cheers.
| Market recap 💹
Tuesday was safe, almost. $S&P 500(.SPX)$ rose by 0.4%, while $NASDAQ(.IXIC)$ increased by 0.9%, with most large tech stocks rebounding.
$NASDAQ Golden Dragon China Index(HXC)$ barely closed up, $MINISO Group Holding Limited(MNSO)$ increased by 3.6%, and $NetEase(NTES)$ rose by 3.3%.
Megacaps - pulling up
Elon is going away, and $Tesla Motors(TSLA)$ is reborn. Musk plans to step down from his position at the Department of Efficiency of the U.S. Government (DOGE) by the end of May. Trump praised Musk, suggesting that he will eventually return to running the company. Musk is refocusing on the vast possibilities for humanity's future, which is likely good news for those who bought the dip.
MAGA - strategic reserve
Virtual assets are experiencing a rebound. $Hut 8 Mining Corp(HUT)$ is up 14.6%, $CleanSpark, Inc.(CLSK)$ is up 12.5%, and $Core Scientific, Inc.(CORZ)$ is up 10.5%. Hut 8 announced a collaboration with Eric Trump, the son of the U.S. President, to establish the American Bitcoin Company, creating a strategic Bitcoin reserve. Will it be a whale, or an alligator?
Top movers - post IPO surge
The frenzy surrounding recent IPOs continues. $Newsmax Inc.(NMAX)$ surged by 179%, driving $Rumble Inc.(RUM)$ up by 9%. Newsmax’s fundamentals are lacking, and it faces significant deficits. There is much speculation about Donald Trump's potential return to office and its implications for American culture leaning right. Traders seem to be betting that this will boost conservative media businesses, an intriguing notion. It's important to note that conservative media, like much of the media landscape, has been struggling recently.
$CoreWeave, Inc.(CRWV)$ rebounded strongly, closing up 42%, lifting $NEBIUS(NBIS)$ by 7.5%.
Don’t forget to keep fit! Sports stocks are gaining popularity. $BRP Inc.(DOOO)$ is up 5.7%, $Latham Group, Inc.(SWIM)$ is up 3.7%, and $Escalade(ESCA)$ is up 3.14%.
| Riding on the giant's coattails
Temasek Holdings is a government investment company based in Singapore, established in 1974 and wholly owned by the Ministry of Finance of Singapore.
The company focuses on long-term investments and serves as one of Singapore's sovereign wealth funds, with a core mission centered on solid financial performance and sustainable development.
As of March 31, 2024, Temasek's investment portfolio is valued at SGD 389 billion, guided by an understanding of long-term structural trends. Its global investment portfolio spans a wide range of industries, and since its inception in 1974, Temasek has achieved a compound annual total shareholder return of 14% in Singapore dollars.
| Fasten your seatbelt
For short-term risk aversion, investors can leverage Temasek's portfolio to achieve stable investment returns.
RBLX - Breaking resistance
$Roblox Corporation(RBLX)$ is an online gaming platform and game creation system that allows users to create and share their own game content, attracting a large number of developers and players.
The platform is known for its user-generated content and social interactions, aiming to provide a creative and experiential virtual world for teenagers and young adults. Recently, RBLX plans to boost its performance by increasing advertising revenue.
TME - 3 consecutive weeks of gain
$Tencent Music Entertainment Group(TCMEF)$ primarily engages in online music services, including music copyright licensing, online music streaming services, and related value-added services, aimed at providing users with a diverse music experience.
TME has entered into new partnerships with multiple music copyright holders, further solidifying its leadership position in China's online music market, and has released its latest financial report, showing continued growth in performance.
STNE - Marginal improvement in risk appetite
$StoneCo(STNE)$ is a Brazil-based fintech company that primarily offers payment processing and digital banking services, focusing on providing solutions for small and medium-sized enterprises to facilitate their digital transformation and enhance payment convenience.
STNE has made progress in expanding its product line and enhancing services, particularly in driving innovation in digital payments and financial services, helping it maintain a competitive edge in a challenging market.
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