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BABA, BIG POTENTIAL FOR EARNINGS BREAKOUT (BULLISH)Like the title says, Bullish. There is so much going on behind the scenes based on the world events today. BUT, in the end, BABA is going to be a big supplier of goods across the Asia continent, and there are a LOT of people to sell to. Put/Call chart is included, I've highlighted the outliers. Does this mean I'm suggesting to yolo puts and calls? Probably not, but to be totally honest, if you do, I wish luck and hope you make bank. However, I'd say it's risky for short term options. Long term options on the other hand, if you can buy the spread dip, I like the prices on calls. I personally think BABA will be a rise and crash stock. There are numbers showing well in the range of 600 and 700. Similar to TSLA (previous run), META (current run). Similar, not exact, but similar. Would I be surprised if the stock was $800 by Sept, NOPE. Would I expect the stock to be at $800 by Sept, NOPE. Possible and probable are two different things. I'm currently eying the potential to hold $63, and maybe even already has and will hold $69, but it's good to be prepared on the low side in case of drops. RSI is in alignment for one hell of a move to the upside should it want to use earnings as an excuse to rocket. Basically, in all, my opinion on BABA based on the chart, I'm a fan currently. In other words, there is a better than average chance for profit and limited losses should you decide to buy at these levels. If you invest in amazon, you'd probably love BABA, especially if you can sell one at a high, and buy the other at a low, and then keep repeating the process until you own them both. Good luck!
NYSE:BABALong
by nicktussing77
1
LI AUTO TP 35 BEFORE EARNINGS Li Auto, a China-based electric vehicle (EV) manufacturer, has been receiving positive attention from investors and analysts. Here are some reasons why: Ambitious Goals: Li Auto’s management has set an ambitious vehicle-delivery goal1. They aim to sell at least 400,000 units of the Li L7, Li L8, and Li L9 in 20241, which would exceed their total of 376,030 vehicles sold in 20231. Innovative Ideas: Li Auto is trying out an interesting idea similar to what Nio is doing1. This could be referring to Nio’s flagship showroom, known as Nio House, which is a unique vehicle showroom that resembles a home1. Strong Partnerships: Li Auto has a partnership with Nvidia, where Nvidia’s Drive Thor autonomous driving chip will power Li Auto’s ET9 electric sedan1. New Launches: Li Auto is gearing up to launch its flagship multi-purpose vehicle, the Li MEGA, on March 11. Positive Analyst Recommendations: Li Auto Inc. Sponsored ADR currently has an average brokerage recommendation (ABR) of 1.10, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by five brokerage firms
NASDAQ:LILong
by NYRUNSGLOBAL
2
EURUSD BULL TIME !! The EUR/USD pair is currently trading near 1.08501. The pair has been experiencing some bearish momentum, with the near-term technical outlook pointing to a build-up of bearish momentum1. However, the USD has been struggling to find demand, which has helped the pair hold its ground1. If you’re considering a bullish position on EUR/USD, it’s important to monitor key levels of support and resistance. The Fibonacci 50% retracement level of the October-December uptrend aligns as critical support1. If EUR/USD falls below that level and starts using it as resistance, 1.0740 (static level) could be seen as interim support before 1.0700 (psychological level, Fibonacci 61.8% retracement)1. On the upside, 1.0830 (former support, static level) aligns as immediate resistance before 1.0865 (Fibonacci 38.2% retracement) and 1.0900 (psychological level, static level) 28 DAYS TP 1.1150 After FOMC
Long
by NYRUNSGLOBAL
Starbucks to 98 Plus After Earnings !!Financial Performance: In 2023, Starbucks’s revenue was $35.98 billion, an increase of 11.55% compared to the previous year’s $32.25 billion. Earnings were $4.12 billion, an increase of 25.69%2. Analyst Forecast: According to 21 analysts, the average rating for SBUX stock is “Buy.” The 12-month stock price forecast is $114.35, which is an increase of 23.22% from the latest price2. Dividend Yield: Starbucks has a dividend yield of 2.4569%1, which could be attractive to income-focused investors. Growth Estimates: The growth estimate for the next 5 years (per annum) is 16.63%3 TP 98
NASDAQ:SBUXLong
by NYRUNSGLOBAL
IRobot Announces Restructuring Plan and Leadership ChangesiRobot Corporation (NASDAQ: NASDAQ:IRBT ), a prominent player in the consumer robotics industry, has unveiled a comprehensive operational restructuring plan. The announcement comes on the heels of the mutual decision with Amazon to terminate their proposed merger agreement. The restructuring plan includes leadership transitions, cost-saving measures, and a renewed focus on core business elements. Let's delve into the details and implications of this transformative strategy for iRobot. Leadership Transition: One of the significant changes involves the departure of Colin Angle, the long-standing Chairman and CEO of iRobot. Angle, who founded the company over three decades ago, has played a pivotal role in revolutionizing the robotics industry. Despite stepping down from his leadership roles, Angle will continue to serve on the iRobot Board of Directors until May 2024 and will act as a senior advisor for up to 12 months to facilitate a smooth transition. Glen Weinstein, iRobot's Executive Vice President and Chief Legal Officer, steps into the role of Interim CEO. The board has initiated a search for a permanent CEO with the support of a leading executive search firm. These leadership changes signal a strategic shift and the need for a leader with turnaround experience to guide iRobot through its next chapter. Operational Restructuring Plan: The operational restructuring plan aims to align iRobot's cost structure with near-term revenue expectations and drive profitability. Key initiatives include achieving margin improvements, reducing R&D expenses through offshoring, centralizing global marketing activities, rightsizing the global real estate footprint, and focusing the product roadmap on core value drivers. The company anticipates generating $80-$100 million in savings through agreements with manufacturing partners and reducing its workforce by 31%, resulting in approximately 350 job cuts. Jeff Engel, a seasoned turnaround expert, has been appointed Chief Restructuring Officer to oversee the implementation of these initiatives. The restructuring efforts are expected to incur charges of $12-$13 million, primarily for severance and related costs. Financial Update: iRobot provided preliminary fourth-quarter results, indicating a 25% reduction in full-year 2023 revenue compared to the previous year, a GAAP operating loss of $265-$285 million, and a non-GAAP operating loss of approximately $200 million. The company ended fiscal year 2023 with $185 million in cash and cash equivalents. Under the terminated merger agreement, Amazon ( NASDAQ:AMZN ) will pay iRobot ( NASDAQ:IRBT ) a $94 million termination fee, providing a financial cushion to support future repayments and inventory purchases. Looking Ahead: Despite the disappointment in the company's 2023 performance, iRobot's ( NASDAQ:IRBT ) leadership expresses confidence in the strategic measures taken. Andrew Miller, the newly appointed Chairman of the Board, emphasizes a renewed focus on the company's brand, product performance, and underlying technology. The upcoming fourth-quarter earnings call on February 27, 2024, is expected to provide additional insights into iRobot's restructuring efforts and future business plans. Conclusion: iRobot's ( NASDAQ:IRBT ) announcement of a comprehensive operational restructuring plan and leadership changes reflects a proactive response to current challenges. The strategic shift towards profitability, cost optimization, and a refined business focus signals a commitment to long-term sustainability and growth. As the company navigates this transformative phase, the industry and investors will be closely watching for the successful execution of these strategic initiatives and the potential resurgence of iRobot's ( NASDAQ:IRBT ) brand in the consumer robotics market.
NASDAQ:IRBT
by DEXWireNews
Apple Back to 182 Consolidation AreaApple Inc. Explore A Bearish Perspective on Apple Stock Apple Inc., the tech giant known for its innovative products and services, has been a darling of Wall Street for many years. However, some analysts are turning bearish on the company’s stock. Here’s a closer look at why. Underperformance in 2023 Despite gaining an impressive 49% in 2023, Apple’s stock was the worst-performing FAANG constituent of the year1. The company reported negative revenue growth in all four quarters of 2023, the first time since 2001 that the company’s revenues fell YoY for four straight quarters1. Downgrades in 2024 The start of 2024 hasn’t been positive for Apple either, with three brokerages downgrading the stock within the first two weeks of the year1. Redburn, Piper Sandler, and Barclays have all downgraded the stock1. While Redburn and Piper Sandler now rate the stock as a “Hold” or equivalent, Barclays downgraded the stock to a “Sell” equivalent with a Street-low target price of $1601. Concerns Over iPhone Sales Some brokerages are turning bearish on Apple amid fears of an extended slowdown in iPhone sales1. Analysts are especially worried about the outlook for iPhone sales in China, which is the company’s third-biggest market behind the U.S. and Europe, and accounted for around 19% of its fiscal year 2023 revenues1. Apple is facing tough competition from domestic Chinese smartphone companies like Huawei and Xiaomi1.
NASDAQ:AAPLShort
by NYRUNSGLOBAL
Ex-wife of Jeff Bezos, MacKenzie sold $10 Bil worth of $AMZN In the ever-evolving landscape of billionaire philanthropy, MacKenzie Scott, the ex-wife of Amazon's founder Jeff Bezos, stands out as a compelling figure. Her recent financial moves, particularly the divestment of approximately $10 billion worth of Amazon( NASDAQ:AMZN ) shares, have not only shaped her investment portfolio but also underscored her dedication to transformative philanthropy. As one of the top 5 oldest female billionaires at the age of 53, Scott's journey from a high-profile divorce to becoming a major force in global giving is captivating. The Evolution of Scott's Wealth: After her divorce from Jeff Bezos in 2019, Scott secured a 4% stake in Amazon ( NASDAQ:AMZN ), valued at around $37 billion at the time. However, recent regulatory filings reveal a strategic adjustment in her investment holdings. Over the past year, she has divested 65.3 million shares, equivalent to a quarter of her initial stake. Despite relinquishing a significant portion of her Amazon ( NASDAQ:AMZN ) shares, the company continues to dominate her financial portfolio, contributing to her current net worth of $37.6 billion, as reported by the Bloomberg Billionaires Index. Philanthropy as a Driving Force: What sets MacKenzie Scott apart is not just her wealth but her commitment to philanthropy. In the last five years, she has generously donated over $16.5 billion to more than 360 charitable organizations. This dedication to giving back is not just a testament to her financial success but also a demonstration of her values. Having signed the Giving Pledge in 2019, Scott has made a non-binding commitment to donate the majority of her wealth, showcasing a thoughtful approach to philanthropy. A Remarkable Surge in Wealth: Scott's financial trajectory is nothing short of remarkable. Within a mere two months, her net worth experienced a staggering increase from $24.4 billion to $34.9 billion, marking a notable 43.03% uptick. This meteoric rise in wealth is not just about accumulating assets but about utilizing them as a force for positive change in the world. A Closer Look at Scott's Contributions: One of the standout acts of philanthropy is Scott's recent unrestricted $12 million donation to Howard University College of Medicine. This generous contribution is set to establish an innovative center in collaboration with the College of Engineering and Architecture, marking her second significant donation to the institution. Scott's philanthropic endeavors extend far beyond a single institution, encompassing diverse causes that collectively received $2.15 billion in the past year.
NASDAQ:AMZNLong
by DEXWireNews
SPX S&P 500 TO 5000 Sure, here's a bullish perspective on the S&P 500 index: 1. **New Bull Market**: The S&P 500 index has officially entered a new bull market¹²⁵. This is a positive sign for investors as it indicates a period of rising prices and investor confidence¹. 2. **High Interest Rates**: Despite high interest rates, which were one reason for the stock market decline in 2022, the S&P 500 has shown resilience¹. This could be an opportunity for certain stocks that benefit from these conditions¹. 3. **Strong Performance**: The S&P 500 index has continued to climb to new highs in recent days². This upward trend is a positive sign for investors. 4. **Rare Bullish Signal**: Stocks have flashed a rare bullish signal that suggests the S&P 500 is about to soar another 20% next year³. This signal has only occurred seven times over the last 44 years, leading to an average gain of at least 20% in the S&P 500 over the next year³. 5. **Diversification**: The S&P 500 includes around 500 large cap equity stocks, providing a diversified investment that spreads risk across many sectors². Information technology represents the largest sector, with 28.9% of the index².
SP:SPXLong
by NYRUNSGLOBAL
Honda Bull After earnings or before ? Strong Performance: Honda Motor shares have shown solid relative strength over the last month, tacking on nearly 6% and outperforming the S&P 5001. Positive Earnings Estimate Revisions: The shares are looking to break out of a multi-year consolidation period, with positive earnings estimate revisions helping drive the move1. Strong Sales in North America: Honda posted stronger-than-expected earnings for its fiscal second quarter ended September, boosted by strong auto sales in North America2. Analyst Upgrades: There have been several analyst upgrades for Honda Motor stock. For instance, Morgan Stanley upgraded the stock from Equal Weight to Overweight3. Similarly, Macquarie upgraded the stock from Neutral to Outperform3. Price Target: While the consensus price target is not available, the stock is currently trading at $32.44 TP 35
NYSE:HMCLong
by NYRUNSGLOBAL
Amazon - Massive Resistance AheadHello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: With the quite obvious and expected channel breakout in 2016, we saw a rally of more than 500% towards the upside on Amazon. This pump was followed by a retracement back to a previous support level before we saw another bullish reversal. If Amazon breaks back above the structure mentioned in the analysis, market behaviour is bullish and I will be looking for longs. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMZN
by basictradingtv
3
The fifth wave with expansion! Corrective patternDear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, (Mr. Nobody)
NASDAQ:AMZNLong
by Mehdi_Abbasi_EWP
2
Amazon and Salesforce Join Forces to Supercharge Prime Momentum Amazon ( NASDAQ:AMZN ) and Salesforce ( NYSE:CRM ) have formed a strategic alliance to turbocharge the momentum of Amazon's Prime program. The integration of Amazon's "Buy with Prime" feature with Salesforce's NYSE:CRM Commerce Cloud platform promises to reshape the e-commerce landscape, offering a seamless shopping experience for Prime members while presenting an exciting growth opportunity for merchants, especially those on the Shopify platform. The Power of Prime: Amazon's Prime program has long been a key driver of the e-commerce giant's top-line growth. With customer-friendly perks such as ultrafast delivery services, a streamlined checkout experience, 24/7 live chat support, and hassle-free returns, Prime has amassed a loyal subscriber base. The recent collaboration with Salesforce aims to further enhance the Prime experience by allowing merchants on the CRM Commerce Cloud platform to integrate the "Buy with Prime" feature into their online stores. Enhancing the Merchant Experience: Salesforce merchants can now deliver the full suite of Prime benefits directly from their online storefronts. The integration preserves merchants' control over their store aesthetics, enabling customization of the placement and appearance of the "Buy with Prime" experience on product, cart, and checkout pages. Additionally, sellers can seamlessly sync day-to-day operations with Salesforce Order Management, ensuring a streamlined and efficient workflow. Advanced Features for Sellers: The upgraded "Buy with Prime" features empower sellers to activate search and filter capabilities, enabling customers to quickly locate Prime-eligible items. The introduction of a mixed cart facility allows customers to add both Prime-eligible and non-eligible items to their carts, streamlining the checkout process. This not only enhances the shopping experience for Prime members but also presents a lucrative opportunity for Shopify merchants to expand their reach to the ever-growing Prime subscriber base. Financial Implications: Amazon's subscription revenues, a key driver of the company's financial performance, are expected to receive a significant boost from the growing momentum of Prime. The success of the Prime program is reflected in Amazon's stock performance, which has surged 68.5% over the past year, outpacing industry growth. Investor Optimism and Technical Outlook: Salesforce investors have demonstrated increasing optimism, as evidenced by the rising trend channel in the medium to long term. The stock's impressive performance since breaking through resistance at $215 indicates a positive sentiment among investors. Conclusion: The collaboration between Amazon and Salesforce represents a pivotal moment in the e-commerce landscape. The integration of "Buy with Prime" not only strengthens the Prime program but also opens new avenues for merchants to capitalize on the rapidly expanding Prime subscriber base.
NYSE:CRMLong
by DEXWireNews
Amazon Soaring: Unveiling the AI-Powered Path to Prosperity The recent surge in Amazon's stock, propelling its founder Jeff Bezos to a staggering $3.8 billion gain in just 24 hours, reflects not only the resilience of the e-commerce giant but also the growing investor confidence in its 2024 outlook. Market Resilience Amidst Tech Turbulence: Despite facing headwinds alongside other major tech firms during last week's market downturn, Amazon demonstrated remarkable resilience, boasting a 2.60% increase in its shares in Todays trading session. This resilience is attributed to the optimistic outlook on Amazon's profit prospects, particularly fueled by advancements in artificial intelligence (AI). The Power of AI Investments: Amazon's strategic investments made during the pandemic are proving to be a catalyst for its current success. The company's commitment to AI development is paying off, with advancements in technology contributing to robust growth trends and improved profit margins. As the world becomes increasingly digitized, Amazon's proactive stance in harnessing the potential of AI positions it at the forefront of the e-commerce and technology sectors. Cloud Business Boom: A noteworthy factor contributing to Amazon's positive momentum is the anticipated increase in demand for its cloud business, driven by AI advancements. As businesses across the globe recognize the transformative power of AI, Amazon is well-positioned to capitalize on this trend. The company's cloud services, bolstered by AI capabilities, are expected to play a pivotal role in meeting the evolving needs of industries ranging from healthcare to finance. Jeff Bezos: The Top Gainer: The $3.8 billion boost in Jeff Bezos' net worth not only solidifies his status as one of the world's wealthiest individuals but also highlights his unwavering commitment to Amazon's success. Bezos, as the visionary founder, continues to steer the company toward new heights, leveraging AI and other cutting-edge technologies to secure its dominant position in the market. Technical Analysis: A Bullish Outlook: A closer look at Amazon's technical analysis reveals a strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates a continued rise in the stock's value. The breakthrough of resistance at $145 reinforces the bullish sentiment, predicting a further ascent in the near future. Conclusion: Amazon's recent stock surge, coupled with Jeff Bezos' substantial gains, underscores the company's ability to weather market uncertainties and emerge stronger. As AI continues to shape the future of technology and business, Amazon's strategic investments and forward-thinking approach position it as a beacon of success in the e-commerce and cloud computing arenas. Investors and industry enthusiasts alike are eagerly watching as Amazon navigates the evolving landscape, driven by the promise of AI-powered prosperity.
NASDAQ:AMZNLong
by DEXWireNews
Unveiling the Forces Behind $AMZN's 81% Gain in 2023 Amazon (NASDAQ: NASDAQ:AMZN ) quietly emerged as one of the standout performers, recording an impressive 81% gain in its stock value. While the spotlight was often on other tech giants like Nvidia and the AI sector's newfound fascination, Amazon's remarkable turnaround marked one of its best years on record, adding approximately $700 billion in market value. I. Riding the Tech Stock Wave: Amazon's surge in 2023 was not isolated but part of a broader trend in the tech industry. The Nasdaq Composite soared 43%, and the Nasdaq 100 experienced a 54% jump, reflecting the overall bullish sentiment in the sector. The "Magnificent Seven," the seven most valuable tech stocks, witnessed substantial gains, positioning Amazon right in the middle of this impressive cohort. II. Strategic Moves and Profitability Surge: A pivotal factor contributing to Amazon's success in 2023 was CEO Andy Jassy's strategic approach to enhance profitability. The company underwent its most extensive layoff ever, shedding around 27,000 corporate employees, and divesting experimental ventures like the Scout home delivery robot and the Amazon Care healthcare service. Additionally, several Amazon Go stores employing the "Just Walk Out" technology were closed. These decisive actions, coupled with sustained growth in high-margin businesses like the third-party marketplace, advertising, and Amazon Web Services (AWS), led to a remarkable surge in operating margin. In the third quarter alone, operating income catapulted from $2.5 billion in the previous year to an impressive $11.2 billion. The cumulative operating income for the first three quarters of 2023 reached $23.7 billion, compared to $11.2 billion in 2022. III. Continued Focus on Profitability: Looking ahead to 2024, Amazon's focus on profitability remains a core strategy. Jassy's commitment to leveraging earlier investments, such as incorporating advertisements into Prime Video, signals a continued drive to boost the company's profit margins. While Amazon's current price-to-earnings ratio of 75 might seem steep by conventional metrics, the sustained potential for margin expansion justifies the valuation. IV. AI and Future Growth: Artificial Intelligence (AI) emerges as a pivotal growth opportunity for Amazon in 2024. The launch of the Bedrock AI hosting service and a strategic partnership with Anthropic AI, backed by a $4 billion investment, showcase Amazon's commitment to advancing in the AI landscape. Although a breakthrough in AI is not essential for continued success, it could undoubtedly amplify Amazon's growth trajectory. With competitive advantages in e-commerce and AWS, Amazon is well-positioned to thrive in the evolving tech landscape. Conclusion: While replicating an 81% jump in 2024 may be unlikely, Amazon's trajectory points to sustained growth. With a wide economic moat, the company has ample room to drive profits higher, supported by strategic moves, expanding margins, and an increasing focus on AI. Investors should keep a keen eye on Amazon in 2024, as the tech giant continues to navigate the ever-evolving landscape with resilience and innovation.
NASDAQ:AMZNLong
by DEXWireNews