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Sea Limited (NYSE: SE) , the leading gaming and e-commerce company in Southeast Asia, was one of the best-performing tech stocks in the last five years. Its stock price rose more than 14-fold thanks to the solid growth across its gaming and e-commerce businesses. In the last...
Chinese financial markets started the week on a positive note with a RRR cut and trade data that beat expectations again, stunning those who viewed China through gloomy lens. Market players appeared to be relieved the Sword of Damocles had finally fallen and China's 'Lehman moment' di...
Communications Services stocks rebounded with the rest of the market this week - with even the worst-performing sector, Consumer Discretionary, up 2.5%. Communications ended up in the middle of the pack sectorwise, with the stocks up 2.94%. And among the top gainers was Roku (NASDAQ:ROKU), wh...
In our last update on the stock, it was trading at $330 per share, up 20% from April when we considered the stock almost fairly valued in the best scenario. We are relying on the same valuation approach checking what is the implied discount rate which delivers current share price assu...
Sea Limited (NYSE:SE) ended the week on a low note, dropping 6.6% today after being named as a best idea short at Hedgeye. Shares had pulled back some 30% from their all-time highs already, analyst Felix Wang notes, but says the valuation is still "lofty" - and has room for another 35% downsi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
3 Top Fintech Stocks To Keep An Eye On Today While investors consider why are stocks down today , fintech stocks continue to make plays in the stock market . Before going into the details, just what are fintech stocks might you ask? Well, for the most part, the industry is h...
Most investors likely know three things about Sea Limited (NYSE: SE) : that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable. But this tech company is actually fairly complex...
Skillz aims to pioneer a new monetization model based on competition for the mobile gaming market. Its stock has taken a significant battering over the past year due to its sky-high valuations previously. However, we observed that insiders started to make purchases recently. W...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The gaming industry has benefited immensely due to the pandemic-induced tailwinds. Consequently, returns for gaming stocks have been remarkable over the past year and continue to be impressive in recent months. The video ...
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Sea Limited (NYSE: SE) (“Sea” or the “Company”) plans to announce its second quarter 2024 results before the U.S. market opens on August 13, 2024, U.S. Eastern Time. The Company’s management will host a conference call to discuss the second quarter 2024 resu...
2024-07-29 08:10:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...