$Tiger Brokers(TIGR)$ Merry Christmas 🎄 and happy New Year 🎊 Hopefully everyone takes a break from work and spend quality time with family and friends 🎉 spread positivity and good vibes to all 🤩
Alibaba has undergone a sudden and significant reorganization of its management structure. Daniel Zhang, previously serving as Chairman and CEO of Alibaba Group, will now step down from both positions and assume the role of CEO of Alibaba Cloud unit. Eddie Wu, one of Alibaba's co-founders, will take over as the Group CEO, while Joe Tsai, another co-founder, will become the chairman. Unlike Zhang, both Wu and Tsai have been with Alibaba since its inception. Wu initially served as a technology director in 1999 and possesses extensive experience in the company's core e-commerce business, monetization, and technology, making him a logical choic to oversee the entire group. Tsai previously held the position of the company's chief financial officer until 2013 and currently serves as executive vi
The Federal Reserve is convening once again to discuss interest rates over the next two days. Based on my analysis, I predict that there will be a 0.25% increase, marking the final hike for the year. Here's why. The first consideration is the impact that rate hikes have already had on the banking system. Banks have been hit hard by mark-to-market losses on their treasury bill holdings, as rising interest rates have pushed bond prices in the opposite direction. Several banks, including Silvergate Bank, Silicon Valley Bank, Signature Bank, and most recently First Republic Bank, have already suffered significant losses as a result of the recent rate hikes. Clearly something has broke. Given this situation, it seems unlikely that the Fed will adopt an aggressive stance on rate hikes in the nea
$Li Auto(LI)$ Li Auto stock is trying to recover after a volatile year. Li Auto (LI) and other China EV stocks are showing tremendous sales growth, and Li is starting to show profitability. After a rough 2022, production is rebounding with a new model on tap. Is Li Auto stock a buy now? Founded in 2015, the Beijing-based company competes directly with Tesla (TSLA) and Nio (NIO) in the high-end EV market. The company debuted its first model, an electric hybrid SUV called the Li ONE, in December 2019. That vehicle carries a price tag ranging from $29,000 to $76,000 and was one of China's top-10 sellers across all fuel types in 2020. Covid shutdowns hit production, logistics and demand for Li Auto and other EV makers las
The good news is that it is easier and definitely achievable but it takes time, patience and discipline. Saving for retirement is tough, especially when the stock market is volatile. It can also be difficult to distinguish the good investments from the bad when stock prices are down, and it's tempting to avoid the market altogether. However, smart investment is the way to go. There's one type of investment that's safe, requires very little effort, and could help you retire a millionaire: the S&P 500 ETF. Returns from S&P 500 ETF over the years What Is That? 🤔 The S&P 500 itself is a stock market index that includes stocks from 500 of the largest and strongest companies in the U.S. Since launching in 1993, the SPDR S&P 500 ETF Trust has returned an average annual retur
$Apple(AAPL)$ ended at an 8-month peak of $169.68 on 28/4 (Fri), the highest level since 26/8/22🐂🐂🐂 At its current valuation, 🍎 has a market cap of $2.68 trillion, making it the most valuable company trading on the 🇺🇸 stock exchange. Shares are up 30.6% so far in 2023, almost quadrupling the 7.7% rise in the S&P 500 index, was outperforming the broader market by a wide margin over the same timeframe🥳🥳🥳 ⭐️ I expect 🍎 to follow 🐂-ish earnings reports MSFT, GOOGL, META, & AMZN last week $Alphabet(GOOGL)$ Bullish$Amazon.com(AMZN)$ Bullish$Meta Platforms