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Showing posts with the label $NVDA

Preview of week (22Aug2022) - will Nvidia continue her recovery her earnings

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Public Holidays Nil for Singapore, Hong Kong, China & the USA Earnings Calendar One of the companies to watch out for during the coming earnings is NVDA. The stock suffered a drop of 14.25% from a year ago and has fallen to a recent low of $140.55. The last few weeks saw a recovery but there seems to be a ceiling around the $189 region. For the coming earnings, the forecast of EPS and revenue are 0.5297 and 6.83B respectively.  This is an important reference for the chip industry and the market outlook will be crucial to set the expectation for the rest of the industry. Economic Calendar Home sales (new and pending) in the US will be an interesting area to monitor as we read of more families backing out of their home purchases.  Be it the rising interest rates or reduced disposable income, we are seeing more cancellations.  This has brought duress to the market, especially home builders. Crude Oil inventories can be seen as a future indicator of consumption.  If ...

My investing muse - What's the “META" with Facebook? … a glimpse into metaverse (30Oct2021)

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Metaverse is a hot topic as Facebook changes her corporate brand to   $Meta Platforms, Inc.(FB)$ . Facebook’s aim is to connect people together and they regard metaverse as the next most important experience of connecting people together. Imagine us as characters living in the virtual world of Minecraft or Sim City. This is made possible thanks to hardware such as VR headsets or glasses that are able to superimpose/project/discover digital content before our very eyes. In essence, social networking will move from a web/screen experience to virtual reality or augmented reality setting. A. Virtual Reality (VR) Let us talk about the first one … virtual reality by means of a VR headset. Horizon Home (by Meta) is a digital home that we can fashion, decorate, design - perhaps decorate with digital art that is purchased with metaverse currency (or crypto-like NFT or digital currency). This is a place where we can invite our friends to visit. For us, we will be able to have our own avatars...