My Investing Muse

$SE stock fell from a recent high of $372.70 to $116.98 as of 28Mar2022 US market close.  This is a drop of over 68.6% . Has the stock reached a bottom or will the decline continue?    Extract from Motley Fool's  article about $SE (dated 28Mar2022): "The e-commerce gross orders were up by 90% year over year. Ninety percent, that's pretty stellar growth. SeaMoney total payment volume was up 70% year over year to $5 billion. Which is about 1/9th of what Block ( SQ 5.98% ) does in terms of volume. About 1% or 2% of what PayPal ( PYPL 2.12% ) does. This is a very small amount of payment volume so far, so they can keep that 70% growth rate up for several years to come. Gross profit up 146% year over year, which shows that the business is starting to become a little more efficient. They're still losing money because they are investing so much in their growth which is fine with those numbers. Over $10 billion of cash on the balance sheet to absorb any short-term losses the...

These are the anticipated earnings for the coming week starting 21 Mar 2022 There are a few notable earnings to look out for, namely $NKE, $PDD, $ADBE, $0700.HK and $NIO. NIO is one of the Chinese players in the EV space.  We are looking for a strong trend of growth and hopefully, there are able to make profits.  Their guidance will be important though there remain challenges in the supply chain and supplies.  The risen costs in commodities and energy have placed inflationary pressures on their overheads. Tencent remains one of my favourite companies in China.  They are one of the biggest game developers and capital allocators in the world.  Will their price continue to drop or will they buck the trend? Adobe has occupied a strong space in the advertising and media industry,  Though their prices have dropped of late, they do have competitive advantages in the market. Nike is one of the most popular sporting brands in the world.  As they pivoted with mo...