Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I don’t know a single person under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.
$Lucid Group Inc(LCID)$Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day
$Lemonade, Inc.(LMND)$buying over metromile might be short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company
Profit growth plus share buyback! Revenue slowdown just means it reached maturity like Amazon, FB & Apple, looking forward to more profit and slow climb to 1 trillion valuation
Just look at sales demand and we can easily tell which are the car companies that will be leading the EV revolution. $Tesla Motors(TSLA)$model 3 has a 1 year wait,$Churchill Capital Corp IV(CCIV)$lucid air also have a year long waiting list. $Ford(F)$new EV truck is selling really well but other than that it’s business as usual (production > sales)
Why Tesla stock is getting left in Ford's and GM's dust
It is literally China’s answer to Amazon $Alibaba(BABA)$in all segments, be like online shopping, cloud Saas,data centres, entertainment and even mobile wallet and payment. Yet it’s trading at around 1/3 of Amazon’s valuation just because it’s not based in the US
This is a very interesting development, partnership with shopify on the online retail platform plus opening of a physical location store. I do predict Google will now start going stronger into consumerproducts with Apple type of ecosystem
Google’s first retail store, where it will sell phones and other gadgets, to open in New York this summer