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$SCKT launches first enterprise-grade scanners for Apple iPhoneSocket Mobile launches first enterprise-grade scanners for Apple iPhone 12 series Socket Mobile is excited to announce the arrival of the DuraSled™, the first enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max and iPhone 12 Mini. With the sleek, high-performance DuraSled, users of all Apple iPhone 12 series devices can access professional-grade scanning solutions. An ever-increasing number of companies count on iPhone applications to run their businesses. finance.yahoo.com
NASDAQ:SCKT
by AlenCiken
3
$FTFT Enter Into Cooperation Agreement to Use Blockchain TechFuture FinTech and China Foundation of Consumer Protection Enter Into Cooperation Agreement to Use Blockchain Technology Against Counterfeit Products. The "Responsible Brand Plan" will be officially launched in March 2021 and operated by the "Quality and Safety Office" of the Anti-Counterfeiting Committee of China Foundation of Consumer Protection. The Responsible Brand Plan will make full use of the real name based blockchain anti-counterfeiting tracing technology developed by CCM, which will not only protect the legitimate rights and interests of the enterprises and their brands, but also impose responsibility for their product's quality and safety." finance.yahoo.com
NASDAQ:FTFT
by AlenCiken
Why $BRQS Skyrocketed in 2021Why $BRQS Skyrocketed in 2021 There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media. $BRQS shares were buoyed — thanks to discussions and speculation on Twitter and Twitter hashtags at the start of the month.. Chinese 5G/Ev/blockchain Just before Christmas last year, the company announced that it would be reducing its debt by $18 million and eliminating institutional loans. Also in December 2020, the company signed an agreement to build a 5G industrial park in China. The other positive factor for the $BRQS is the surging price of bitcoin-blockchain technology. investorplace.com twitter.com
B
by AlenCiken
Teradata Soars on Strong Earnings and Demand for CloudTeradata Soars on Strong Earnings and Demand for Cloud Shares soared Friday after the data-analytics company reported stronger-than-expected fourth-quarter earnings (triple-digit cloud growth), benefiting from corporate demand for enterprise software and cloud services. Annual recurring revenue (ARR) increased 11% from the prior year period(1) Public cloud ARR increased to $106 million, a 165% increase from the end of 2019(1) Fourth-quarter recurring revenue of $383 million versus $350 million, an increase of 9% reported and 8% in constant currency , and exceeded the Company’s guidance of $371 million to $373 million(1) Fourth-quarter earnings per diluted share (EPS), cash from operations and free cash flow(2) exceeded the Company’s expectations finance.yahoo.com
NYSE:TDC
by AlenCiken
LIZHI INC. Issues Letter to ShareholdersLIZHI INC. Issues Letter to Shareholders Tiya, our audio-based social product, soared to rank among the top 4 social networking apps in the U.S. Within a few months of Tiya’s launch worldwide, it has been ranked among the top 10 social networking apps in about 50 countries worldwide. Currently, Tiya has users in over 200 countries. We believe that online social networking through audio will become a dominant method of social networking in the future. we further developed LIZHI’s corporate value, while elevating our talent training initiatives, including forming collaborations with universities to cultivate talents specializing in AI technology. Moreover, we launched an "Innovation Training Camp" internally to equip our employees with innovative thinking in tandem with scientific methods. We also continued to invest in our management team with a lot of resources and systematic training to enhance management skills. we launched a new mobile app, LIZHI Podcast (also named LIZHI BOKE in Chinese), in January 2021, to provide our users with a more compelling podcast experience.
L
by AlenCiken
Payoneer to Become Publicly Traded Company Through FTACPayoneer to Become Publicly Traded Company Through Combination With FTAC Olympus Acquisition Corporation Payoneer processed more than $44 billion in volume in over 7,000 trade corridors in 2020 Transaction assigns Payoneer $3.3 billion pro-forma implied enterprise value upon , representing a 7.6x multiple of 2021 expected revenue of $432 million. The cash component of the purchase price to be paid to the equity holders of Payoneer is expected to be funded by FTOC's cash in trust (minus any redemptions by FTOC's existing public stockholders). Includes commitments for $300 million PIPE from investor group including existing investor Wellington Management, as well as Dragoneer Investment Group, Fidelity Management & Research Company LLC, Franklin Templeton, certain funds managed by Millennium Management, funds and accounts advised by T. Rowe Price Associates, Inc., and Winslow Capital Management, LLC Following the Reorganization, the Company is expected to have up to $563 million in cash, offering significant capital flexibility for continued organic and inorganic growth. Existing Payoneer equity holders have the potential to receive an earnout of additional shares of common stock if certain stock price targets are met as set forth in the reorganization agreement, and they will remain the largest investors by rolling over significant equity into the Company. The transaction is expected to close during the first half of 2021. finance.yahoo.com
F
by AlenCiken
Globalstar Signs Agreement With Ceres TagGlobalstar Signs Agreement With Ceres Tag, the World’s Only Direct to Satellite Livestock Smart Ear Tag GSAT has signed a commercial agreement with Ceres Tag, to supply satellite services to the livestock industry through the world’s first and only smart ear tag for traceability provenance, biosecurity, health, animal welfare, production improvement and theft reduction. This agreement follows Ceres Tag’s recent success in winning the SVG Ventures THRIVE Challenge and their ear tag being named as the #1 Big Breakthrough Technology for Ag Change in the Next Decade by the AgJournal of Weekend Australian. Ceres Tag will launch May 1, 2021 at the Beef Australia Exhibition in Rockhampton Queensland Australia and will be available for purchase from their online ecommerce website for delivery worldwide. Initial market focus will be Australia/New Zealand and North America. finance.yahoo.com SPOT Partners With Battlbox to Drive Awareness of Winter Safety As part of the partnership, Battlbox Pro Box subscribers will receive a SPOT Gen4, the next generation of the SPOT Satellite GPS Messenger™, with up to 6 months of service. finance.yahoo.com
AMEX:GSAT
by AlenCiken
Achronix to List on Nasdaq Through Merger With ACE ConvergenceAchronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance Highly differentiated financial profile with estimated 2020 revenues of approximately $105 million, 79% gross margins and 35% operating margins with migration to next-generation products driving an estimated revenue CAGR of 20% to 25% from 2020 to 2025 Business combination with ACE Convergence Acquisition Corp. (Nasdaq: ACEV) positions Achronix to capitalize on non-cancellable backlog in excess of $160 million and over $1.1 billion in identified pipeline opportunities driven by Speedster® and Speedcore™ products Approximately $2.1 billion estimated post-transaction equity value based on current assumptions with up to $330 million in gross cash proceeds to the company, assuming minimal redemptions Oversubscribed $150 million fully committed common stock concurrent PIPE financing at $10.00 per share anchored by ACE Equity Partners LLC, funds and accounts managed by BlackRock and Hedosophia; and with participation from other institutional investors Achronix expected to be listed on Nasdaq under the ticker symbol "ACHX" following an anticipated transaction close by the end of the first half of 2021 Customer validation of Achronix’s products is substantiated by nearly $240 million in orders received in 2020 . Achronix’s new Speedster7t and Speedcore products, built on leading-edge process technology, have contributed to a design pipeline value in excess of $1.1 billion and are expected to drive Achronix’s future growth. "The next era of growth and opportunity is in the trillions of connected devices providing compute-intensive intelligence, all fueled by network connectivity and 5G," finance.yahoo.com
A
by AlenCiken
Anderson from Colliers reiterated a buy ratingAnalyst Charles Anderson from Colliers reiterated a buy rating on the stock while increasing its price target from $13 to $15. Anderson is bullish on the company's prospects related to Sony's PlayStation 5, which incorporates Immersion's haptics technology in the new DualSense wireless controller. One of the notable additions to the newest generation of the game console is the inclusion of adaptive triggers in the controller, which facilitate a new level of haptic feedback for players. Anderson has been using the DualSense controller and called it a "breakthrough" for Immersion to score such a high-profile design win in a mass-market application. Demand for the PS5 has been off the charts, with units flying off digital shelves within minutes of retailers getting additional inventory after launching last month. "Immersion collects a royalty from each controller and we expect more than one controller will ship per console over time to support multiplayer gaming and to replace worn-out controllers," "The DualSense controllers are already available at retail ahead of the PlayStation 5 console launch." Anderson believes that Immersion will be able to expand into other markets with its haptics technology offerings, and that the company has finally created an "efficient and predictable operating model." www.fool.com The analyst also notes that Immersion's fundamentals are becoming more predictable with 80% of revenue coming from per unit royalties, double the amount from four years ago. seekingalpha.com
NASDAQ:IMMR
by AlenCiken
Possible Head & Shoulders Pattern forming on FB and Amazon.Possible head and shoulders pattern on FB & Amazon - its not confirmed on both. The ideal setup is that both decrease in value below the "neckline" marked in blue/red in each respective chart. Although not guaranteed the price can then increase in value, coming back up to the neckline, where we see a rejection and continuation of the downwards breakout this is the confirmation area of the pattern, in extremely volatile markets we may not see a confirmation on the larger timeframes.
NASDAQ:AMZNShort
by Worth_The_Ri5k
Nvidia is this sustainable?Hello everyone. So from a fundamental perspective Nvidia has great products and technology, the profit margins are also great. But a 70/1 P/E ratio? Does that seem sustainable? I mean how many years would it take for the P/E to normalize with the price staying the same as it is, to let's say 20/1 which is still high relative to historical standards. Maybe there is something out there that will quadrupple the earnings of this company in a short time. But let's we what the charts say shall we? Well from a technical perspective the stock is overvalued, the red middle line is the average of the trend. And as you can see the price is way above the growth average. Pretty much confirming that what the P/E ratio tells us. The problem is in this sort of mania the price could go up even more before eventually going down. It's not safe to short here. Just keeping an eye on this stock is the plan now. Also it goes without saying, I would never buy a stock at these technical levels and these valuations.
NASDAQ:NVDA
by MedianLineAnalysis
3
Value Investment - BIDU - Improved Profitability After The VirusAll comments and likes are very appreciated. _________________________________________________________________________________________________________________ Fair Value and Profit Drivers | Our fair value estimate is $190 per share, with a 2020 P/E of 31 times and 2021 P/E of 25 times. We expect a 5% CAGR in online marketing revenue in the next five years, driven by recovery in the longer term. This is because weak macroeconomics (resulting in weaker demand and pricing for ads), substantial increase in ad inventory by Bytedance and Tencent, and moving customers’ landing pages to Baidu’s platform play an important role in the current weakness. We do not expect these headwinds to persist in the longer term, except Baidu’s competitor still have room to increase ad load. As the moving of landing pages is completed, the economy recovers, iQiyi’s in-feed revenue improves after cleaning up unhealthy ads, and video content can be approved more quickly after the 70th national day on Oct. 1, 2019, we expect Baidu and iQiyi’s advertising revenue to recover from a low base. We expect other revenue to grow at a 17% CAGR in the next five years, driven by strong growth at iQiyi. 49% of the others revenue was iQiyi’s membership revenue in 2019, which will see growth from increasing subscriber number and high-quality original and licensed content at iQiyi. Baidu will spend more marketing dollars up front for app installation and cultivating app usage, but revenue generated from the users will occur during the lifetime of the users. Hence, we expect to see revenue grow faster after initial investments. Should the return on investment be poor, Baidu will have no choice but to cut back on sales and marketing expenses, which will boost margin. DuerOS and cloud are also other areas of investments. We assume operating margin will rise back to 20.2% in 2024, compared with 5.9% in 2019. Excluding iQiyi, Baidu’s core operating margin is assumed to rise to 20.2% in 2024 from 19.1% in 2019. We think our assumptions of only a small-margin recovery for Baidu’s core operation have sufficiently incorporated the ever-increasing competitive environment in the Internet sector. This is particularly true in searching for general information, because it is still a necessity, and wide-moat Baidu has a dominant market share of over 70% in search. We are confident that Baidu resume growth for search. Our five-year net revenue and operating profit growth are 9% and 40% respectively. Wide-moat Baidu’s fourth-quarter 2019 results were largely within our expectations, and after fine-tuning our model, we are cutting our fair value estimate to $190 from $199. However, we think the shares are undervalued, as Baidu is on track for improved profitability after the coronavirus outbreak. Fourth-quarter 2019 year-over-year revenue growth was 6%, at the high end of the latest guidance range of 4% to 6% and its previous guidance of negative 1% to 6%. Meanwhile, Baidu core revenue in the quarter grew 6% year over year, excluding spin-offs, at the high end of the latest guidance of between 4% and 6% and the previous guidance of between 0% and 6%. Baidu’s net income was CNY 6.3 billion in the quarter compared with guidance of CNY 6.2 billion to CNY 6.7 billion. Net income of Baidu core rose 84% year over year, at the low end of the guidance of 83% to 90%. Management said it expects 2020 first-quarter revenue to decrease 5% to 13% year over year for Baidu and to drop 10% to 18% for Baidu core compared with advertising peer Weibo’s 15% to 20% drop. We assume an 18% year-over-year decline in the first quarter; a 3% decline in the second quarter; followed by a 9% increase in the second half of 2020; and no growth in the full year of 2020 for Baidu core revenue. Our non-GAAP operating expense plus cost of revenue for 2020 is 7% higher than the annualized level that is based on the more rational level in the fourth quarter of 2019. Our five-year revenue and operating profit CAGR are 9% and 40% (low base in 2019 due to record low margin of 6%), respectively, versus 9% and 11% previously. Risk and Uncertainty | We think Baidu faces high levels of risk, given intense competition along with questions as to whether its AI-related investment will generate satisfactory returns. Though Baidu is the largest search engine in China, it is competing with the other two Internet giants, Tencent and Alibaba, and Google’s potential return to Chinese search market is also a threat. Regarding the search engine business, Tencent invested in Sogou, and Alibaba acquired UC Web, which owns a mobile search engine, Shenma. Competition has extended to each key area of mobile Internet usage, such as navigation, O2O services, online video services and so on. Baidu’s margins have been significantly dragged down by aggressive spending in video content and O2O marketing but recovered to 18.5% in 2017 from 14.2% in 2016 as Baidu divested margin-dilutive businesses. The major Internet companies in China have been investing in AI-related business, such as cloud computing, voice and image recognition, and autonomously driven cars. At the current stage, it is difficult to predict whether Baidu will be the final winner in AI and whether the returns will reward its investment. In addition, regulatory risk is a concern. Following the Wei Zexi incident in early 2016, Chinese authorities launched new regulations for online search and advertising, which clearly defined paid search results as advertising. These regulations took effect Sept. 1, 2016. Given stricter standards for online advertisers, Baidu’s online marketing services revenue growth declined to 1% in 2016. If the local authorities release more policies regarding Internet business, such as online advertising and online finance, Baidu’s revenue could be negatively affected. Since 2017, Baidu has discontinued the disclosure of MAUs for its mobile search and mobile maps, which is possibly due to weaker numbers. I and/or others I advise hold a material investment in the issuer's securities. _________________________________________________________________________________________________________________ All comments and likes are very appreciated. Best Regards, I0_USD_of_Warren_Buffet
NASDAQ:BIDULong
by I0_USD_of_Warren_Buffett
4
EXTREMELY IMPORTANT WEEK FOR QQQTICKER: $QQQ Huge bear volume on Friday and a close near the LOD. Next week is key as we have tech earnings. If we break the low of Friday (221.67), I expect further pullback. RSI on the hourly time frame is down in the over sold category but keep in mind that with earnings and potential news, RSI levels could get extreme. Volume will be a key indicator for this incoming week. We already had above average volume on Friday and I expect we will continue to have high volume this coming week. This means great trading opportunity. Long term, the bulls are still in complete control. Anything above 212.24 will just be a daily HL.
NASDAQ:QQQ
by DerekTradeEZ
Apple stock continues to rally, $295 is the target! 100% in 2019Over the last 14-weeks, Apple stock has had 2 red weeks, and they've been almost negligible. The stock is up nearly 80% this year alone!! We can see the stock gain 100% by the end of the year if this continues, especially around the holiday season. Since Apple is on all-time highs, the only instrument to help us with the potential upside target is the Fib extension, we've used two different levels to identify levels at which Apple may get attracted to and/or stall. The first target level is $275 based on the Fib extension from the impulse that brought price up to this high. The second target is $295 based on the Fib extension from the move that managed to drop price heavily in December 2018. Where could a trader get in? The logical level is where the last slight pullback happened and the broken high at $240-$250 however that is pretty far from the current price, if the equity market does see a pullback then Apple may be more prone to retrace. Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
NASDAQ:AAPLLong
by TRADEPROAcademy
Amazon stock back up to $1950-$2000.Amazon stock has been on the rise for the past few days on strong volume through some key resistance points, one being the year to date POC. The upside structure is starting to build up as well, as the low that caused the move higher was higher than the previous drop. The volume on the recent pop shows promise to the upside. There is a resistance point that is coming up which may spell trouble for the stock. The resistance between $1845 and $1865 is based on a previous peak high and the 100% Fib extension on the current move. This level could push price down again into the $1770 support however if it breaks the upside is going to open. Tech has gone up nearly 50% this year alone and Amazon is a lagger, the retail spike during the holiday season will have some effect on the upside of the stock as well. Disclaimer: The following idea is for educational purposes. TRADEPRO Academy is not held liable for any actions taken in the market as a result of this idea. This idea does not constitute investment or trading advice.
NASDAQ:AMZNLong
by TRADEPROAcademy
Apple is Falling from the TreeShares of AAPL are trouble, so long as this zone of support between $144.79-150.24. If not, a possible relief rally may come in to play because it's getting oversold on a weekly basis (RSI <30). Even so, any strength should be sold in to, as I see this thing falling hard. Minor breakout resistance (dotted white line), but the extensions from the major move has downside targets at 127.2% and 161.8%, $127.60 and $98.80, respectively. Finally, $89.78 is the line in the sand... if we get there, you'll get a chart from me far in advance. It may be worth stepping in to a small position, but go easy because you're betting this the bottom. Have an exit strategy, and if possible, play via options to define risk. I'm buying some near dated called expecting a bounce to $178.78, give or take. From there, I'll be looking to go short on a longer-term. Happy Trading!
NASDAQ:AAPLShort
by EchoAlphaBravo