By Leo SunKEY POINTS GigaCloud’s stock has nearly quadrupled from its IPO price. Its growth is decelerating and its margins are declining. GigaCloud could be turning into another meme stock. The Chinese e-commerce solutions company soared after going public.GigaCloud Technology($GigaCloud Technology Inc(GCT)$ )has taken investors on a wild ride since its initial public offering.Those post-IPO gains were stunning. But is GigaCloud becoming anothermeme stock like AMTD Digital, the Hong Kong-based fintech company which saw its stockinexplicably skyrocketfrom $7.80 to over $2,500 after its IPO last month? Or is GigaCloud's recent rally actually sustainable?What does GigaCloud do?GigaCloud bundles together discovery, payments, and logistics
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Is It Too Late to Buy GigaCloud Technology Stock?
Is It Too Late to Buy GigaCloud Technology Stock?
OCBC or DBS, which is a buy?
Oversea-Chinese Banking Corp ($OVERSEA-CHINESE BANKING CORP(O39.SI)$ ) Oversea-Chinese Banking Corp. started by announcing Helen Wong as its first female chief executive officer and the first woman to lead a Singapore bank. Wong replaced Samuel Tsien who retired after 14 years with the bank. Wong said in a Bloomberg interview last month that OCBC Bank is considering whether to set up a crypto exchange but it won't rush into the sector just because of its popularity. The bank in partnered with Eco-Business to launch the inaugural OCBC Climate Index which measures the current levels of environmental sustainability awareness and climate action among Singaporeans. DBS Group ($DBS Group Holdings Ltd.(DBSDF)$ ) DB
OCBC or DBS, which is a buy?
Should I Buy Bitcoin at $25,000?
By Dominic BasultoKEY POINTS After successfully testing price supports at $20,000, Bitcoin now looks to test the $25,000 resistance level. The overall psychology of the crypto market suggests that momentum could be shifting in Bitcoin's favor. Normally risk-averse institutional investors are also showing pent-up demand to invest in Bitcoin. Dear Bitcoin investors, this might be your last chance to buy the dip.As we head into the final days of summer, we could be on the verge of a breakout for Bitcoin($Btc Health Ltd(BTC.AU)$ ). On Aug. 14, Bitcoin briefly traded above $25,000 for the first time since June. Understandably, this has the Bitcoin bulls excited because all the talk about"buying the dip"throughout the summer looks like it is ac
Should I Buy Bitcoin at $25,000?
Netflix greenlights a 'Stranger Things' spin-off series to help build a franchise
Netflix Inc said on Wednesday it is developing a spin-off of science fiction series "Stranger Things" as the streaming service works to build its biggest English-language hit into a broad entertainment franchise.The new series will be based on an original idea from Matt and Ross Duffer, the twins who created "Stranger Things," Netflix said in a statement. No details on the story or characters were provided.Netflix also announced a stage play set in the world of "Stranger Things.""Stranger Things" reverberated through the cultural zeitgeist when it debuted in 2016 and turned then-12-year-old Millie Bobby Brown into a global star. The most recent season propelled Kate Bush's song "Running Up That Hill" to the top of the iTunes and Spotify charts 37 years after its original release.The supern
I'm going to see how ER pans out. I think Pat, as I have said, needs the 3-5 years from appointmentif er result is healthy, I have no problem holding and adding along the wayif er goes sour will buy in the low 20s.GLA.I can't explain the market's stubborn hatred for INTC and the unpenetrable adamantium wall at $30.$Intel(INTC)$
Why AMD Shares Rose 23% in July
By Dani CookKEY POINTS The promise of positive second-quarter earnings helped boost the stock. AMD is gearing up to release a lineup of highly anticipated products. Recent government legislation was positive for multiple semiconductor companies. The stock rebounded after huge losses in June, driven by expected revenue and production constraints easing.What happenedAdvanced Micro Dynamics($AMD(AMD)$ )shares rose by 23.5% in July 2022, according to data fromS&P Global Market Intelligence.The 23.5% gain follows a 25% drop in June. However, July's rally came from high expectations for the company's second-quarter earnings report, with news of supply constraints easing and the Chips and Science Act passing on July 28.So whatAlthough AMD stock saw
I think this willRise up to $5-6, to match AMC. I also think the numbers will be higher as the numbers for avatar keep rising and boosting sentiment over movie theaters coming back.On a personal note, I am getting out and doing more things in public again and people that I know are as well. I’m assuming this will be in favor of movie theaters and especially AMC.$AMC Entertainment(AMC)$
Taking Another Step Towards a Decarbonised Future
$SEMBCORP MARINE LTD(S51.SI)$ Sembcorp Marine and Partners Attained AIP from ABS to Design an Ammonia Bunkering Vessel Collaboration to explore viability of ammonia as a marine fuel to pave the way for emission-free shipping in the future Demonstrates Sembcorp Marine’s commitment to support the marine industry’s transition with the provision of innovative and sustainable solutions Sembcorp Marine Ltd. (the “Company”, together with its subsidiaries, the “Group”), through its wholly-owned subsidiaries, Sembcorp Marine Integrated Yard Pte. Ltd. (“SMIY”) and LMG Marin AS (“LMG Marin”), together with its partners, Mitsui O.S.K Lines, Ltd, and ITOCHU Corporation, have attained Approval in Principle (“AIP”) from the American Bureau of Shipping (“ABS”) for
Taking Another Step Towards a Decarbonised Future
Did anyone just get that AmazonSmile email canceling the program? Do you know how bad it is to pull the plug on that program? Many people shopped on Smile instead of small businesses because they knew they could still make an impact. Now all gone. Sales must be in the tank. Or worse. That’s bad.$Amazon.com(AMZN)$
Will Senti Biosciences (NASDAQ:SNTI) Spend Its Cash Wisely?
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. So, the natural question for Senti Biosciences($Senti Biosciences, Inc.(SNTI)$ ) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.How Long Is Senti Biosciences' Cash Runway?A company's cash runway is the a
Will Senti Biosciences (NASDAQ:SNTI) Spend Its Cash Wisely?
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