Which of these heavily shorted stocks could stun the bears?Carvana (CVNA$Carvana Co.(CVNA)$ )and Marathon Digital Holdings(MARA$Marathon Digital Holdings Inc(MARA)$ )are two of the market's most heavily shorted stocks, with 71% and 35% of their outstanding shares being sold short, respectively, as of Feb. 27.Carvana's online sales of used cars slowed to a crawl as inflation curbed purchases of vehicles and rising rates discouraged customers from taking out new auto loans. Marathon Digital'sBitcoin(BTC)mining business, which was built entirely on expanding its fleet of miners and mining more coins, struggled as the top cryptocurrency lost its value.IMAGE SOURCE: GETTY IMAGES.Both companies drowne
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Ready to grab tesla’s market?
Better wake up people .. NIO Power Pods are already going into MASS PRODUCTIONCATL-backed giant lithium-ion battery energy storage station starts construction July 12, 2021 Growing rapidly alongside China's new energy vehicle industry is the energy storage industry. A 300MW/600MWh energy storage project backed by CATL, NIO and Tesla's power battery supplier, broke ground on July 10 in Shanxi province in northern China. The project, which covers a total area of 25,000 square meters, is designed with the latest generation of outdoor prefabricated pods and is expected to be operational by the end of December this year.$NIO Inc.(NIO)$
New Oriental Education: Solid Recovery
Chinese education giant New Oriental (NYSE:EDU) is recovering strongly after the Chinese government’s crackdown on the education sector last year. They expect to return to the black in FY 2023, and their new business initiativesare promising. Competitive risks cloud their outlook however.Solid recoveryAfter going through a roller coaster year triggered by the Chinese government’s ‘Double Reduction’ policy which prevented education providers from providing K-12 academic tutoring services on a for-profit basis, China’s education sector is getting off to a fresh start and one of the leading players, New Oriental Education, is seeing positive early signs in their restructuring efforts. Forced to shut down their K-12 tutoring services business, the restructured company now focuses on four opera
New Oriental Education: Solid Recovery
Better Short-Squeeze Stock: Carvana vs. Marathon Digital Holdings
Better Short-Squeeze Stock: Carvana vs. Marathon Digital Holdings
Intel: Significant Upside Potential, But Patience Is Required
Last week, Intel (NASDAQ:INTC$Intel(INTC)$ ) reported its full year results for fiscal 2022 as well as results for the fourth quarter – and results were terrible. It is probably an exception that the CEO admits how terrible the results are, butPat Gelsinger kicked off theearnings callwith the following statement:We made meaningful progress on several fronts in calendar year 2022, notwithstanding all the challenges, but we readily admit our results and our Q1 guidance are below what we expect of ourselves. We are working diligently to address the challenges brought on by current demand trends and remain confident in our long-term plans and trajectory.In the following article we will look at the annual results in more detail and analyze the implicat
Intel: Significant Upside Potential, But Patience Is Required
Autonomy Is Not A Good Reason To Buy NIO Or XPeng
Apart from the general market attraction towards EV companies (which has faded significantly as of late), I recentlysaw the opinionthat NIO’s (NYSE:NIO) and XPeng’s (NYSE:XPEV) inclusion of autonomy features in theircars was a reason to buy the stocks. I disagree, and will explain why in this article.NIO and XPeng's Autonomy TechnologyNIO has its own driver assistance features. The same thing goes for XPeng. Both are developed in-house. NIO has NIO Autonomous Driving (NAD), and XPeng has XPNG (formerly XPilot).From NIO:NIO NAD(NIO)As forXPeng: XNGP is supported by significant hardware upgrades, including 508 TOPS of computing power, dual-LiDAR system, 8-megapixel HD cameras and a new software architecture XNet, backed by a closed-loop, self-evolving AI and data system. Both are credible dr
Autonomy Is Not A Good Reason To Buy NIO Or XPeng
Price War Rains On Kingsoft Cloud Despite Improving Profitability
SummaryKingsoft Cloud reported its first-quarter revenue fell 14.2%, but its gross margin improved significantly as it focused on customer quality over quantity.The company dismissed recent reports of a growing price war in China’s cloud services market as ‘more geared towards PR purposes’.KC stock appears to be focused on quality over quantity.Businessman hands using laptop and cloud computing interface.vetkitStormy times ahead, or just a passing drizzle?That's the big question on the horizon for Kingsoft Cloud Holdings Ltd. (NASDAQ:KC $Kingsoft Cloud Holdings Ltd(KC)$ $Kingsoft Cloud Holdings Ltd(KC)$ , 3888.HK), which has just reported a mixed bag of quarterly results that may or may not reflect a widely r
Price War Rains On Kingsoft Cloud Despite Improving Profitability
LABU Continues In Uptrend (Technical Analysis)
Investment ThesisOn July 8, Seeking Alpha publishedmy articlewhere I rated NYSEARCA:LABUas a BUY. LABU is a 3X leveraged ETF of the biotechnology sector. When analyzing LABU's prospects, it is ok to use its non-leveraged counterpart,XBI- the SPDR S&P Biotech ETF.We see that in the first half of July, XBI increased its relative strength toSPY, but during the second half XBI's relative strength declined from the 50-day MA to the 200-day MA. Since the beginning of August XBI's relative strength increased a great deal and it sits now well above its 50-day MA.Below we show the charts of XBI and LABU. The charts are identical, except for the price values.XBI - LABU - SPY - SPXL RelationshipsXBI is a non-leveraged biotech ETF, while LABU is 3X leveraged of the same.SPY is a non-leveraged
LABU Continues In Uptrend (Technical Analysis)
MongoDB: Huge Growth Causes A 27% Share Price Surge
In my previousposton MongoDB (NASDAQ:MDB), I highlighted that the company was "poised to benefit" from secular trendssuchas "Big Data" and "Digital transformation" as organizations move their databases to the scalable cloud. Now it looksas though my thesis has continued to play out as the company reported super financial results for Q3,FY23, beating both revenue and earnings estimates.These results caused the stock price to surge by 27% in premarket trading on the back of huge momentum.MongoDB is a Gartner magic quadrantleaderin "Non-SQL" or nonrelational databases. This is a flexible database type that is popular for storing nonstandardized data for many applications from financial services to customer personalization. As MongoDB offers a cloud-based "database as a service" it can automat
MongoDB: Huge Growth Causes A 27% Share Price Surge
NIO: Significant Struggles Continue
Early on Wednesday morning, we receivedfourth quarter resultsfromNIO (NYSE:NIO$NIO Inc.(NIO)$ ). The Chinese electric vehicle maker has worked to increase its delivery figures over the past few years, but the growth trajectory has been bumpyand fallen well short of expectations. The Q4 report showed more of the same items, featuring another top line miss as well as very disappointing guidance.For Q4, the company reported revenue of $2.33 billion. While this was growth of more than 62% over the prior year period, the figure missed wall street estimates by about $230 million. Worse yet, the average analyst estimate had come down by more than three quarters of a billion dollars in the last six months, a drop of nearly 23%. Despite heavily reduced expe
NIO: Significant Struggles Continue
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