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$NET, THE DISCOUNT OF THE DECADEBuying Cloudflare stock at these levels, and what seems to be an approaching opportunity to buy it at ~$30 is just an incredible discount. Myself and so many other developers around the world love building and deploying on Cloudflare, it's amazingly cost-friendly with a lot of free entry plans to get started at no cost. I am uber bullish on developers in general, it's a space that will grow exponentially. So many kids are growing up, wanting to code and deploy projects and Cloudflare makes it easy for them to get started at no cost, this is huge. When these kids grow up, they will be advocates for Cloudflare, they will pay it back. They will scale their web apps on Cloudflare, they will spend their money with the company that let them start building at no cost. It's what they'll be familiar with and Cloudflare will have a suite of products that will fulfill their needs. Cloudflare builds the right product and they build it fast. The founder is the CEO. They have a great leader at the helm who lives and breathes the space -- natural and passionate innovator. This is someone I have full confidence backing. Cloudflare continues to grow 50%+ YoY. This is the time to buy company's that are continuing to grow, despite the conditions of the economy. ibb.co As for the technicals, it sure seems that we are on the C wave of an ABC correction. I also added some trend lines that may or may not be respected. I am eyeing a bounce around $31 in late August. This is not financial advice. This is my personal opinion.
NYSE:NETLong
by thejdela
9
Alibaba (BABA, BUY) Solid F4Q; Now is the Inflection Point We are upgrading our rating from HOLD to BUY and maintain our PT of $130 as F4Q results beat estimates and we see F1Q (June quarter) as the long-awaited inflection point for the company. CMR was flat y/y in F4Q (vs. -1% in Dec. quarter), despite a low-single-digit decline in GMV due to disruptions in supply chain and logistics in March. Cloud revenue grew 12% y/y, decelerating 8pts from F3Q due to macro weakness and COVID. Global AACs reached 1.31B, adding 30M sequentially, with 1B from China. Mgmt. indicates that June quarter will be more challenging as a result of COVID resurgence and lockdowns. In April, total revenue declined low-single-digit;China retail marketplace GMV declined low-teens due to supply chain and logistics disruptions, with May improving but still not fully recovered. Given the macro uncertainty, BABA is not providing revenue guidance for FY23. Repurchased 17.8M ADSs for $2.0B during the quarter. Despite the more challenging June quarter, we are upgrading BABA to BUY as we believe both revenue and profitability will bottom out and hit a long-awaited inflection point in the quarter. With government's stimulus policies kicking in and an easier comp, BABA's revenue growth and margin should start to improve in the 2H. In addition, BABA is trading at 11x CY23E earnings, significantly lower than the fiveyear-average of 22x. Although the stock's growth thesis has been muted since 2021, we see positive earnings revisions and valuation improvement in the coming quarters. NYSE:BABA
NYSE:BABA
by TigerBrokers
<ICP> support and resistance zone. 20$, 40$, 60$,100$I present the idea of ​​who trades the ICP instrument, the levels are for informational purposes, the price can be at any point, everything is at your own peril and risk. At this moment, we have a seller who sold hard and aggressively in the zones of 100, 60, 40 and 20 dollars, the last sale in the region of $ 20 was broken, a buyer appeared, let's see what distance he can withstand, it all depends on the zones of the seller, and they strong, be very careful in these areas. My target and scenario is a five-wave buying structure to the $100 zone, but things can be different and you should be ready for it. All profit.
Long
by UnknownUnicorn36647227
WNW from $160 to $2.09Wunong Net Technology Company Limited Changed its name to Meiwu Technology Company Limited Xinliang Zhang, CEO of the Company: “The Company’s new name better reflects the Company’s international business line beyond its Wunong Net business as a global high-tech internet trading platform with a global commodity chain and the comprehensive services such as online consultation, display, sales and after-sales services. We are excited about our development in this new chapter.” This is a speculative buy.
NASDAQ:WNWLong
by TopgOptions
4
CWEB Weekly Options PlayDescription CWEB has been working it down from its ATH since FEB of this year, and has gotten stopped up in the congestion pattern. I have been watching it to pick a direction to enter a position and it looks like it finally has broken to the downside. I have been using Long Puts in all my short positions because I do not want to cap my downside potential to leave it open for fat tail scenarios in the current market environment. Call Debit Spread Levels on Chart SL > 17.5 This level marks an all-time low in the security. *Stops based off underlying stock price, not mark to market loss The Trade BUY 12/17 16P R/R & Breakevens vary on fill. The long call is placed ATM for highest chance of profit at expiration. 12/17 is all I'm willing to go with for expiration because I do not want to pay the extra premium to push it out to January. Manage Risk Only invest what you are willing to lose
AMEX:CWEBShort
by BarnardR
(ICP) Internet computer does not look good(ICP) Internet computer does not look good. early investors are up 500X and selling off their shares. Also there are not many users of ICP but that is growing. It seems that the rules have bee set up to drop the price of this coin over the next few months as they build out infrastructure. The idea of rebuilding the entire internet is a much bigger problem than you might think. Think of it as shipping container level efficiency, but slightly improved, but keep the monopolies. I would wait a few more months for the price to settle down before I consider investing with the intention to buy and hold til 2025.
Long
by JGH_Capital
Netflix and their change of apparent investment policyNASDAQ:NFLX has been notorious for having a rather conservative investment policy, being reserved in all means of their financial interactions. Whether we're referring to their accumulation of debt, acquisitions or overall spending. In recent times, their management has been making very questionable financial decisions. Their most questionable financial decision as of around 2 days ago, was their decision to place 2% of their cash holdings in black-led banks to attempt to "narrow racial wealth gap" according to Yahoo Finance. As many are aware, this is the company making a desperate attempt at appealing to the public eye considering recent events. Obviously the investment community did not appreciate this careless "flinging" of money at various corporations with limited investigation into their current financial states. For those unaware, this was the primary cause of the strong sell orientation of the stock. In the big scheme of things, despite that considerable amount of money being used for "political correctness acts", the stock should recover in the coming months, although this has unsettled many long-term holders of the stock (reducing their faith in management in the company, especially as it is moved around). As it goes in the market, only time shall tell. Personally, I can think of more suitable alternatives to place my money into. If you're a trader who is seeking daily action, then go ahead, Netflix might be one of the stocks you want to 'play' with. As always, any opinions or facts that I'm unaware of, are welcome anytime. Comment away! TL;DR: Netflix's management have been making questionable investment decisions with cash holdings which has destabilized their stock.
NASDAQ:NFLX
by Michael_Axio
internet computer (ICP) awesome opportunity to BUY!!! Hi again traders! at first i thank you guys for your support of my previous analysis (BTC) :) now i have currency for you which didn't rise based on recent other coins and its a good shot to catch the bird! ICP hit our lower trend line 3 times and failed to break it also our upper trend line which was broken before touched again(pull back) that shows a MTR pattern and due to these reasons we expect an huge rally from ICP by the way ICP had a massive drop since past 3 months and its good for long term investment ICP market cap rank : # 28 ICP trading Volume : 23% increased since 24h ago
Long
by Ghost3ader
4
Revenue Reaches CNY 31.9 Bn as Baidu Announces Q3 2021"Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu. "With a diversified AI portfolio, including cloud services, smart transportation, smart devices, self-driving, smart EV and robotaxi, we are well-positioned for long-term growth." Total revenues were CNY 31.9 billion, increasing 13% year-on-year. Revenue from Baidu Core was CNY 24.7 billion, increasing 15% year-on-year; online marketing revenue was CNY 19.5 billion up 6% year-on-year and non-online marketing revenue was CNY 5.2 billion, up 76% year-on-year, driven by cloud and other AI-powered businesses. Revenue from iQIYI was CNY 7.6 billion, increasing 6% year-on-year. Cost of revenues was CNY 16.1 billion, increasing 26% year-on-year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business. Research and development expense was CNY 6.2 billion increasing 35% year-on-year, primarily related to personnel-related expenses. Operating income was CNY 2.3 billion. Baidu Core operating income was CNY 3.7 billion and Baidu Core operating margin was 15%. Non-GAAP operating income was CNY 4.7 billion. Baidu Core non-GAAP operating income was CNY 5.8 billion and Baidu Core non-GAAP operating margin was 24%. For the fourth quarter of 2021, Baidu expects revenues to be between CNY 31.0 billion and CNY 34.0 billion, representing a growth rate of 2% to 12% year-on-year, which assumes that Baidu Core revenue will grow between 5% and 16% year-on-year. The COVID-19 situation in China is evolving and business visibility is limited. The above forecast reflects Baidu's current and preliminary view, which is subject to substantial uncertainties.
NASDAQ:BIDU
by EqualOcean
Dfinity -ICP Internet ComputerInternet Computer is a third-generation blockchain developed by Dfinity. One of the goals of which is the creation of a decentralized Internet. Internet Computer is based on the new programming language Motoko. It is open-source that supports advanced work with smart contracts and the creation of scalable, high-performance decentralized applications and services. At the moment, the Dfinity team has more than 200 employees. There are a lot of famous personalities. ICP aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely on the public blockchain without the need for traditional IT. Project management is largely under the control of the Internet Computer community. In addition, Internet Computer will use its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses to be hosted on Internet Computer. What is an ICP token? The ICP token provides gas to the network and allows holders to vote on proposals that will shape the future of Internet Computer. Users create "voting neurons" that allow them to vote either manually or automatically by tuning their neurons to follow other neurons. You can read more about neurons in the article. www.dfinitycommunity.com Also, you can lock your ICPs for a period of 6 months to 8 years and receive profitability for participating in voting. Back in 2018, people were given 28 ICPs for registering on Coinlist and verification, and 120 ICPs fell for testing the system. For three years people have been waiting for their drop, looking after their cars, thinking about the comfortable future that the ICP drop will bring them. The reality turned out to be not as colorful as dreams. Instead of hundreds of thousands of dollars, people received annual vesting for tokens, and the ICP price quickly rolled away from $500 to $50. Projects on ICP: Plug Wallet - the convenient wallet, a browser extension; Stoic Wallet - another wallet for the ICP ecosystem; Fleek - the product that includes hosting web resources and applications, cloud storage; District - the fully decentralized, community-built professional social network; DSCVR - the decentralized version of Reddit on ICP; OpenChat - the decentralized messenger; IC Drive - Decentralized Data Warehouse; ICmoji Origins, Texas Holdem, Mission is Possible, Reversi - ICP games; Enterot - NFT marketplace; DFinance, ICPSwap - DeFi projects (swaps, farms, etc); More projects here: dfinity.org ICPSquad: twitter.com In short - by having an NFT personage and performing any interactions within the ICP ecosystem, you get a chance to earn tokens and accessories for your personages. If you missed it - you can still take an avatar in pre-order. If you plan to dive into the ICP ecosystem - it will be much interesting with an avatar. I don't see anything original in the ecosystem. Decentralized social networks and versions of the tools we're used to are good, but speculators can't make money here. We look forward to our pre-order avatars and the emergence of serious DeFi products. We plan to use ICP in all applications where it will be possible to obtain ICPSquad accessories. ICP ranks 27th in terms of capitalization, with a cap around $7.61 billion. Is it worth buying an ICP token now? I think this is a good idea for a small percentage of your deposit in the long run. Reasons for growth: 1) The chart since June represents accumulation in the range of $30-80. Blockchain hype can reach the Internet Computer sooner or later, and we will see a good way out of accumulation. 2) Fork Badlands - BDL tokens will be issued to ICP holders. 3) Launch of smart contracts on the bitcoin network. Best regards, EXCAVO
by EXCAVO
18
Weibo Announces Q3 2021 Financial ReportThe leading social media in China, Weibo (NASDAQ: WB), released its unaudited financial results for the third quarter of 2021. According to the Q3 performance report for 2021: - The revenue totaled USD 607 million (CNY 3,882 million), increasing 30% year-on-year. As of September 30, 2021, the total cash, cash equivalents and short-term investments amounted to USD 2.71 billion (CNY 17.333 billion). - The operating profit was USD 213 million (CNY 1,477 million), showing an upward trend of 32%, while the net profit was USD 182 million (CNY 1,164 million), growing 438% from the same period last year. - The advertising and marketing revenue increased by 29% to USD 538 million (CNY 3,441 million), which was mainly due to stronger demand for advertising from key industries. - Revenue from value-added services was USD 69.8 million (CNY 446 million yuan), up 42% year-on-year. - The revenue cost was USD 394 million (CNY 2.520 billion), which was mainly related to increased staff-related costs and marketing expenses. Specifically, revenue costs, marketing costs, product development and administrative expenses were USD 103 million (CNY 659 million), USD 141 million (CNY 902 million), USD 119 million (CNY 761 million) and USD 31.75 million (CNY 238 million), respectively. - As of September 2021, Weibo has 573 million monthly active users, and 94% of them are mobile users. In September 2021, the average daily active number of Weibo users reached 248 million. Affected by events such as the Olympics, its user base and traffic re-peaked in July and August after the outbreak since March 2020, reaching 302 million once.
NASDAQ:WB
by EqualOcean
Tencent Meeting Held 4 Bn Meetings in 2020, Hit 200 Mn UsersThe outbreak of COVID-19 in 2020 damaged many sectors. The videoconferencing market was among the winners. Tencent Meeting (global version – VooV Meeting) took its second mover advantage and tightly followed its global counterpart – Zoom. Released in late December of 2019, Tencent Meeting, although coming out seven years later than Zoom, has now become the most used video conferencing app in China. According to Tencent's vice president Yuepeng Qiu, Tencent Meeting now attains (source in Chinese) 200 million users and held more than 4 billion meetings in 2020. At the time Tencent Meeting was presented, no one could predict its future impact in China. From its bare-bone functionalities and dated UI in earlier versions (even today 26% of its user ratings are 1-star), we could speculate that this app initially wasn't the tech giant's top priority. Resulting from its unexcepted success, Tencent Meeting now joins the Tencent enterprise services ecosystem. The following months will see more integration between Tencent Meeting and Enterprise WeChat.
OTC:TCEHY
by EqualOcean
Internet Computer (ICP) Has Been Consolidating Will Get to $60Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading has been at around $45.50 since July which is serving as the point of control (POC) for Internet Computer. It's becoming clear that a lot of accumulation has been happening in the mid $40 level for ICP. Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars! Support: $42.50 Short Term Resistance: $48.55 Resistance: $53.00 Much peace, love, wealth, and health!
Long
by peacefuljustin
2
A conservative yet realistic price path for ICB by year endIt appears that ICP could be in ascending channel. With that as my thesis I charted major lines of support and resistance and combined it with a fib retracement from the recent high to the major low in July. A blowoff top in December could have the price hit the 3.618 at about $250. I say this is conservative because FOMO could really hit hard and who knows how high it could go. Regardless I think a $250 target is more than realistic in this bull market.
BINANCE:ICPUSD
by CryptoNCoffee
1