My Investing Muse

  Public Holidays There are no public holidays in the coming week for Hong Kong, China, the USA & Singapore. Economic Calendar (16Oct2023) Economic Calendar for the week of 16 Oct 2023 Notable Highlights Retail Sales. Core retail sales & retail sales data will be released. This will be a good reference on domestic consumption in the USA. China’s GDP will be released. This can be a good indication for global consumption. Building Permits and Existing Home Sales will be released in the coming week. These will be a good reference for the real estate in the USA. There were concerns that a real estate bubble. The data will help to give better insights for this sector. Philadelphia Fed Manufacturing Index will allow us some insights on the manufacturing sector in the USA. Jobless claims. Initial jobless claims will be announced on Thursday. This would form critical data points for the Fed to decide on the next interest rate adjustment. This is part of the data consideration ...

Big Tech signals a pending collapse by Gordon Johnson (extracted from his tweets on 26 July 2022) Source : https://threadreaderapp.com/thread/1551959500428640257.html I have highlighted some key parts and shall conclude with my thoughts.  These are his original text and no edits have been done to keep its authenticity. 1/13 Is Big Tech signaling a pending collapse in the office market, as well as the job market? Let's explore; firstly, $AMZN recently announced it's halting construction on 5 office towers in Bellevue WA, w/ a 6th that was planned for construction canceled . $AMZN also put...  2/13... on hold an office tower in Nashville, TN. They also slashed plans on addtl office space in Hudson Yards in Manhattan, after reporting their 1st loss in yrs in Q1. All in, it looks like $AMZN will be shedding 10-30mn sq ft. of excess warehouse space it took on during...  3/13... the pandemic it no longer needs. In fact, in late Jun it emerged that $AMZN delayed or canceled 13...

Netflix's earnings report was released on 19 July 2022 and it saw a strong post-market rally as per below.  However, is Netflix still a good investment with the latest earnings report? Netflix 1D chart as of 20 July 2022 At the end of the trading hours, Netflix ended at close 04:00PM EDT with 201.63+10.71 (+5.61%) and 217.46 +15.83 (+7.85%) after hours: 07:59PM EDT This remains an interesting rally as I break down the financials and the earnings report below.  This was extracted from their shareholder letter: Q2 was better-than-expected on membership growth, and foreign exchange was worse-than-expected (stronger US dollar), resulting in 9% revenue growth (13% constant currency). I find the above statement to be misleading as per the table below: Netflix Q2/2022 summary results and forecast for Q3/2022 Q2 results & Q3 forecast If we do a YoY comparison, it is better in most aspects of Revenue, Y/Y % growth, and Net income.  What is of concern is that Q2/2022 Free Cash ...