Bezos ◱ ◱ (@jeffreyprestonbezos) • Hey

hello I love cryptocurrency.

Stats

Following: 116
Followers: 155

Publications

Dozens of Europe's biggest companies, including Germany's Siemens and France's Airbus, are voicing opposition, arguing that the recently proposed European AI regulations not only risk their competitiveness, but are also ineffective
CME's Bitcoin open commitment nears record high This is approaching an all-time high of 95,000 BTC. It is currently 22% of the total outstanding commitments.
Decentralized Exchange Activity Increases Among BNB Chain Ecosystem This could be due to increased regulatory measures and general anxiety over the possible collapse of FTX-style exchanges, which have moved trading volume from centralized exchanges to decentralized exchanges.
China's Shanghai Financial Services launches digital yuan service ·With this service, digital yuan payments and remittances can be made through mobile phone apps ·China actively utilizes CBDC for digital economy development #China
Sequoia partner Alfred Lin argues FTX investment was the right decision. He has watched FTX grow into a global crypto exchange, praising the platform's innovative approach and management's strategy Lin also highlights the positive outlook for the global crypto industry and FTX's growth potential #FTX
7 Companies Make Over 50% Of Nasdaq 100
Experts argue that the integration of artificial intelligence and cryptocurrency is inevitable · Artificial intelligence technology can be useful for cryptocurrency analysis and prediction, which is expected to have a positive impact on the cryptocurrency market. · The convergence of the two fields has great potential for the future #AI #Cryptocurrency
Due to frequent U.S. regulations, it is losing its competitiveness in the cryptocurrency market. The chart below compares Bitcoin holdings on cryptocurrency exchanges in the United States and other countries.
Bitcoin Prices Are Testing Significant On-Chain Support Levels 🟣 Realized price for short-term holders: $25.3k 🟢 Adjusted Realization Price: $25.2k
Cathie Wood's Ark Fund Holding 802M Shares In Coinbase As Of 6/6 * 5.93% of the total share
FBG Capital Deposits All $44M In Binance To Express Support After SEC Sues Binance NFT giant machibigbrother.eth said it had transferred both BAYC and MAYC equivalent to about 2,900 ETH to Binance to express its support.
Short-Term Holders Sell More Than 21,000 Bitcoin As Losses This is also similar to SVB. However, the long-term holders did not move again.
Average return after 3, 6 and 12 months if the S&P 500 has been negative for two consecutive quarters since 1948. Stock prices rise even if profits fall.
Toyota to sell fuel cells for hydrogen commercial vehicles this year -Hydrogen fuel cell for Class 8 trucks completed certification process from California -California pays $28.8 million in HVIP incentives per unit of hydrogen commercial vehicles, and sets IRA subsidy of $40,000 per unit. HYDROGEN TRUCK RECEIVES PURCHASE SUBSIDIARY OF UP TO $32.8 MILLION IN CALIFORNIA - Trucks equipped with Toyota hydrogen fuel cells will be sold starting this year -In addition, Hyundai Motor, Bosch, Ballard, and Cummins are preparing to supply hydrogen fuel cells for hydrogen trucks or commercial vehicles It seems like Hyundai Motor is leading and Toyota is reversing. The hydrogen age is set to come. The center of the hydrogen age is hydrogen fuel cells and water electrolysis Whether it's a hydrogen car or not is just a peripheral issue. Companies that quickly enter the mass production system by developing demand sources for hydrogen fuel cells/water electrolysis devices will dominate the hydrogen market https://www.google.co.kr/amp/s/www.freightwaves.com/news/toyota-aiming-heavy-duty-fuel-cells-for-sale-this-year/amp
VIX (VIX on VIX) rising. VIX rising batting is increasing.
◈Hana Securities Global Investment Analysis ◈ Song Ye-ji, a corporate analysis of China/emerging countries ★ Stable Food (603345.CH): 1Q23 Re: Sales of both wheat kits and frozen hot pot products are strong ◆ 1Q23 Surprise, Yield Both Improved YoY/QoQ - 4Q22 Revenue/Net Profit YoY up 27%/118%; Tentative, 1Q23 Revenue/Net Profit YoY up 36%/77%, beating local consensus - 1Q23 Gross Profit/Operating Profit/Net Profit on Sales Both YoY Increase, QoQ Increase for 3rd Quarter in a row - This is due to an increase in sales of Gomajinin frozen hot pot products Freshpack and a decrease in sales cost ratio due to manpower reduction (YoY -2.9%p) ◆ Frozen fish cake margins improve, wheat kit margins worsen - Sales by channel increased by 53% (YoY +3.4%p) as O2O/E-commerce grew by 1Q23 YoY 42%/288% respectively - By product, sales of frozen hot pot products (50% share) increased by 29% YoY, and 1Q22 growth rate (YoY 1%). This is because Frozen Hot Pot Fresh Pack 2022 Annual Sales YoY Up More Than 40% And YoY Up More Than 50% In 1Q23 - Millkit sales rise 65% in 1Q23 YoY despite high base (1Q22 YoY 130%) from M&A in 2022; revenue share expands to 1Q2327% from 1Q2222% - Acquirer helped grow wheatkit sales and improve frozen fish cake margin, but worsened wheatkit margin - Frozen fish cake margin improved to 26% in 2022 from 26%/23% in 2020/2021; wheat kit margin lowered to 22%/14%/11% in 2020/2021/22 ◆ Good Q2 Stock Flow Outlook - Executives Say Frozen Hot Pot Frash Pack And Shrimp Meat Products Have High Competitiveness Over Peer And Will Be A Big Performance On B2C Channels In The Future - Expectations for offline restaurant recovery and wheat kit growth in 2023 remain valid. Looking forward to robust external growth across the business sector in the future - The stock price soared 10% after the announcement of the results. The current stock is trading at the bottom of the historical PER band and still has a 20% upside to the price target. Looking to see good stock flow in Q2
Tesla Inc TSLA.US: 1Q23 Review: Focus on Volume Expansion and Cost Reduction [Hana Securities Automotive Analyst Song Sunjae] ■1Q23 Performance: Sales +36% (YoY), Sales +24% (YoY) Q1 sales were 42.3 million (+36% (YoY) units, compared with 41.2 million (+40%) units of Model 3/Y and 1.1 million units of Model S/X (-27%) units. Production in the first quarter was 44.1 million (+44% (YoY), of which 42.1 million (+45%) were Model 3/Y and 1.9 million (+37%) were Model S/X. ASP fell 12% year-on-year and 11% quarter-on-quarter. Q1 REVENUE/OPERATIVE EARNINGS/ NET PROFIT OF $23.3 BILLION (+24% (YoY))/$26.6 BILLION (-26%)/$25.1 BILLION (-24%) and OPERATIVE PROFIT OF 11.4% (-7.8%p (YoY) and -4.6%p (Q) respectively. Of the $20 billion in automobile sales, regulatory credit income was $520 million (-23% (YoY)) and the gross margin of sales of automobiles alone fell to 21.1% (-11.8%p (YoY), -4.8%p (QoQ). Although the increase in volume was positive, ASP decline (-12% (YoY), -11% (QoQ) due to price cuts, rising raw material/logistics costs, and 4680 battery cell production-related costs negatively affected profitability. For the quarter, the EPS was $0.73 (-23% (YoY), compared to $0.85 by no-GAAP. Market expectations were $0.83). ■Conference Call Key: Focus on Volume Expansion ① Focus on volume expansion for the time being: It said it plans to focus on strengthening market dominance through volume expansion rather than maintaining high margins with small output. Tesla aims to strengthen its status as a Cost Leader while rivals struggle to produce EVs. In the long run, it is designed to increase profitability per unit of the life cycle of Tesla vehicles through autonomous driving, charging, connectivity, and services. ② The decline in profitability was a manageable level: "Although regional price cuts were made during the first quarter, the operating margin fell to a manageable level," it said. It said it expects to continue to reduce costs, improve productivity, and reduce logistics costs, and will focus on operating leverage effects through economies of scale. ③ Production status by plant: Cybertruck has installed production equipment in its Austin plant during the first quarter, and preparations are underway for production in the second half of the year. It is expected to play a role as an export hub in the future, such as producing export models for Thailand at its Shanghai plant. Model Y production at the Berlin plant exceeded 5,000 units per week. ④ FSD Beta's Driving Range Surge: FSD Beta's cumulative driving range exceeded 130 million miles at the end of March, and nearly 150 million miles as of April, it said. Given that it was 35 million miles at the end of the second quarter of last year, an additional 100 million miles was added in three quarters. The large-scale data collected here is expected to be essential for AI-based autonomous driving technology. ■ Implications: The number of sales should continue to expand to achieve the vision For the vision of platforming automobiles, it is important to mass supply of electric vehicles and to decrease production costs for this. For the trending upward momentum of stock prices, it is time to confirm the increase in sales without further decline in profitability.
Why $RNDR Is Scary Up Over The Month Looking at the Crypto Bubble, RNDR showed a terrifying 56.3% gain over the month. RNDR Governance RNP-003 Allocate 50% of the 1-year block reward 760,567 RNDR to the foundation and distribute it to the node operator as a reward Propose to create a deflationary model with the buyback process 17 hours left until the end, and 99.86% approval rating What if a deflationary model is created according to the proposal? $RNDR
GM Raises 2023 Guidance https://www.reuters.com/business/autos-transportation/gm-raises-full-year-profit-forecast-citing-strong-pricing-demand-2023-04-25/ [GM raises full-year profit forecast, citing strong pricing, demand](https://www.reuters.com/business/autos-transportation/gm-raises-full-year-profit-forecast-citing-strong-pricing-demand-2023-04-25/) General Motors Co on Tuesday lifted its full-year profit and cash flow forecasts, citing stronger-than-expected demand and higher prices, even as pre-tax profits for the first quarter fell.
Lower prices + depend on single models (Model Y) highly + obsessed with volume = We are not a premium brand https://www.reuters.com/business/autos-transportation/tesla-raises-2023-spending-forecast-it-races-ramp-up-output-2023-04-24/
S&P futures positioning near 10-year low Source: Bespoke Investment
Economists are rapidly lowering their GDP outlook for next year Source: The Daily Shot
First Republic Lost $100 Billion in Deposits in Banking Panic First Republic Bank slashes $100 bln in deposits on banking panic https://www.wsj.com/articles/first-republic-lost-100-billion-in-deposits-in-banking-panic-7e1bd86c
Daily Gainer 1. FLOKI 2. POLX 3. TOMI *Source:Coin.fyi
Bitget Token BGB Listed on Bitfinex *Source:cryptorank
TVL Ranking by Public Chain 1. ETH 2. TRX 3. BNB 4. ARB *Source:Cryptodiffer
Funds liquidated by exchange over the past week 1. Binance 2. OKX 3. Bybit *Source:TOP7ICO
I'm sharing the status of major coins. Excluding Bitcoin, Ethereum, and Doge, the rest of the altcoins are seeing an increase in Outflow than Inflow. (Exitting in ecosystem) Algorand is on a disastrous level..
Open Campus Freemint Raffle I thought you were only playing Binance Lunchpad, but you also made NFTs. There is a gold & silver version, and I proceeded with the silver NFT raffle from Primint and brought it. Minting will be carried out after listing Binance https://www.premint.xyz/opencampus_giveaway/
(2023.04.25) EU Market Middle Day & Futures / Yuanta Securities Overseas Investment Strategy Team The European stock market today raised market concerns about the economic recession, citing the need for further rate hikes by European Central Bank (ECB) lawmakers. As a result, the STOXX600 index, a pan-European index, fell 0.4% to the 467.1 level, and all three major European indexes, including the UK FTSE index and Germany's DAX index, are sluggish. According to Oppenheimer, a global financial services company, stock market volatility is expected to be significant due to the combination of the U.S. Open Market Committee (FOMC) and companies' earnings season scheduled for next week. In particular, IT giants are scheduled to announce their earnings this week, and the possibility of an additional rate hike is rising as inflation is not fully caught. On the other hand, as the rate hike is expected to be the last increase, some diagnose that the U.S. stock market is currently at the end of the bear market, raising the need to establish an investment position based on undervalued valuation stocks. In the international oil market today, a surge in demand for large-scale travel following China's Labor Day holiday has led to an influx of buying due to an increase in mid- to long-distance passenger transportation. As a result, U.S. West Texas Intermediate (WTI) and Brant Oil for June delivery recorded $78.8 and $82.9 per barrel, respectively, somewhat limiting the previous fall. The announcement of the Organization of the Petroleum Exporting Countries (OPEC) plan to cut additional production also adds pressure on oil prices to rise.
🧿 Yuanta [Investment Strategy Team] (4/25 Daily Opening Brief) <Global Stock Exchange Review – Watch and Watch> ■ [US] S&P 500 +0.09%, Nasdaq closed at -0.29%. A wait-and-see approach to the announcement of large tech earnings, which will begin Tuesday. Alphabet, Microsoft on the 25th, Meta on the 26th, Amazon on the 27th, and Intel are scheduled to announce their earnings ■ [China] China's stock market is mixed with concerns over the resurgence of COVID-19 and expectations for reopening ahead of the full-fledged Labor Day holiday. Mobile, Internet Game-Related Game Stocks Bullish <Global Key Market Issues and Feature Stocks> ■ [US - Retail] U.S. household goods vendor BB&B files for bankruptcy protection under Chapter 11 of the Bankruptcy Act. Operations will continue for the time being and will start pre-closing sales events on the 26th ■ [US - BANK] First Republic Bank (FRC) Q1 deposits plunged nearly 41% quarter-on-quarter to 104.5 billion. After-hours trading plunged 19.5% after the earnings report. This figure includes relief deposits from large banks
[All That China] China introduces 26.5 million barrels of Russian Urals per day in April...a 35% surge "Ural oil prices rose in April as China and India competed for relatively cheap Russian crude, breaking the $60-a-barrel price ceiling set by the West to sanction Russia for invading Ukraine."
STH SOPR loses for first time since SVB Part of the Bitcoin sell-off was led by STH, which bought its local high for $30,000+ and sold it at a loss. Similar selling pressure on SVB led to the sale of about 20,000 coins as supply declined sharply. #OnChain
Many applications begin to experiment with unique configurations Many applications have begun experimenting with unique ways to configure LayerZero_Labs messaging systems and create complex "omni-chain" applications, including. +Lending protocols +Yield aggregators +NFT marketplaces +General infrastructure #LayerZero
Bitcoin's volatility is more than double that of highly volatile stocks #BTC
Bitfinex ETH Long Volume Starts Rising Again. 👀
Shanghai Upgrade 10 Days, Key Metrics 1.3M$ETH Withdrawal - ETH withdrawals worth $2.5B. 65.8% staking compensation/partial withdrawals. 34.1% principal/total withdrawal 2. Most withdrawals: Kraken - Valley Data 10k Full Exits, U.S. Citizens Staking Service Suspended Due to Regulatory Investigations 3. Increase organ staking - Significant inflow of ETH staking as liquidity risk is reduced 4.0x01 Credentials 43% -> 86% - Valley data must be changed from BLS (0x00) to execution address (0x01) to receive and withdraw payments 5. Active Valley Data Drops - The number of active valley data decreased slightly from 562,782 to 561,655 (-1,127) 6. Second largest weekly deposit accruals - Second largest weekly deposit ever at 539.9K$ETH 7. Current Queue - ETH Existing Valley Data Balance: 647K ETH / Waiting for withdrawal Balance: 219K ETH / Total: 866K Awaiting withdrawal 8. Restaking ETH Estimates - ESTIMATE LOWER BASED ON TRANSFER OF $ETH FROM DRAWING ADDRESS: 154K $ETH RISTAKED 9. Maximum CEX deposits: Binance - A huge number of ETHs are sent to CEX, but not all are sold. Most are for handling withdrawals/rewards for staking services 10. Top DEX Pair - ETH not sold in DEX 11. LSD - stETH: Most Mint Occurred
📩 Superblock Newsletter April 24 ✅ [Skybridge Capital CEO, "FTX Resurrection Skepticism"] - Skybridge Capital CEO Anthony Scaramucci says while the company is closely tied to FTX, he is skeptical that the bankrupt cryptocurrency exchange FTX will be able to revive - He also warns SEC chairman Gary Gensler's stance on the cryptocurrency industry could push more businesses out of the country, saying Gensler is a malicious regulatory enforcer and the idea of driving Crypto out of the country in embarrassment of SBF is a truly absurd idea ✅ [White House Press Secretary Banning Participation in Former Crypto Clients] - U.S. President Joe Biden bars White House press director Ben LaBolt from participating in legal issues, investigations or contracts involving cryptocurrency or technology companies he has previously worked with - Uniswap and Andresen Horowitz were both former customers of Bully Pulpit Interactive (BPI), both included in the list of 23 customers who pay BPI over $5,000 a year in fees, according to a financial disclosure report released on April 21 ✅ [Google Announces Business Unit dedicated to Next Generation AI Innovation and Product Development] - Google and Alphabet CEO Sundar Pichai announced Google DeepMind, a new division dedicated to next-generation AI innovation and product development, merging Google Research's Brain team with London's AI company DeepMind acquired by Google in 2014 - Pichai says it is creating units to help build a safer, more responsibly feature-rich system and will be used to enhance Google products ✅ [China's Changsu City Government Employees Receive Digital Yuan Pay From May] - China's Changshu city says full pay in digital yuan to all officials in jurisdiction from May 2023 - Jiangsu Province, where Changshu City is located, launched its Digital Yuan Pilot Program in Q1 2023, with local reports aiming to establish an efficient and convenient operating and management system by 2025 ✅ [Zimbabwe's central bank to issue gold-based digital currency] - Zimbabwe central bank (RBA) to use gold-based digital currency as fiat currency to stabilize local currency - Local media reports say the move will allow more Zimbabweans to hedge currency volatility by exchanging small amounts of Zimbabwe dollars for digital gold tokens, and RBA chief John Mangudya says the plan is to ensure no one is sidelined ✅ [Celsius Asset Auction, Coinbase and Gemini Bidding] - Cryptocurrency Exchange Gemini And Coinbase To Join Bid For Celsius Asset Auction Scheduled For April 25 In New York - Fortune cited a tweet from blockchain investor Michael Arrington as saying Coinbase is one of the companies supporting the Fahrangeit consortium, and Gemini is participating in the Blockchain Recovery Investment Committee ✅ [OPNX CEO Blames Some Investors For Denying Investment & Relations] - OPNX CEO Leslie Lamb accuses some of the named investors of being disgusted and disappointed in their actions after publicly distancing themselves from the project - Nearly half of listed investors have never agreed to provide funds to OPNX and deny all ties to the company after OPNX tweeted a video from Lamb on April 21 saying they appreciate the support of key investors ✅ [SEC, Hydrogen Technology Corp. wins lawsuit for manipulating the price of cryptocurrency] - On April 20, a New York District Court judge ruled in a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) to pay a $2.8 million fine and remedy to Hydrogen Technology Corporation and former CEO Michael Ross Kane - In September 2022, the SEC alleged that Kane and Moonwalkers CEO Tyler Ostern committed a plan to manipulate volumes and prices after distributing Hydro tokens through airdrop, reward programs and direct market sales in 2018
[Hana Securities/Chemical/Yoon Jae-sung] Weekly Monitor: India, the next China [Overall review] ▶ The recent recovery in demand in China is centered on consumer goods-related chemicals. In particular, India's rapid growth needs to be taken into account in this recovery cycle. Top Picks are LG Chem, Kumho Petroleum, Hyosung TNC, and Hyosung Advanced. [India, the next China] ▶ India fuel demand hits record high in March. India's refining facility utilization rate is over 100%. India's auto sales grow FY23 YoY +26% to record high. India's Tata Motor FY23 passenger car sales up YoY +45%. Audi India 1Q23 Automotive Sales Grow YoY +126% ▶ Indian PM Modi sets 10 trillion rupees ($122bil) higher by YoY +33% at Capex, including construction of FY24 roads, railways and other infrastructure. That's 22% of India's total spending, the largest in history ▶ Global companies are also accelerating their entry into India. China's first Apple Store opened in July 2008, and 15 years later, in April 2023, it opened its first Apple Store in Mumbai, India. Taiwan's Foxconn also recently announced the construction of additional factories and significant expansion of manpower ▶ India's urbanization rate is 35%, which is the same as China's 23 years ago, fuel demand is similar to China 20 years ago, and cumulative car sales per capita is similar to China 15 years ago. Given past cases of rapid growth in GDP per capita, aggressive infrastructure expansion, and its role as a manufacturing base to replace China in the future, when urbanization rates in developing countries begin to exceed 35%, the increase in chemical demand is clear ▶ On the other hand, India's ethylene facilities are about 8 million tons, significantly lower than Korea's 12 million tons and China's 51 million tons. In particular, downstream is significantly lacking. SBR accounts for only 20% of China's and ABS only 3% of China's, and PVC is also insufficient, making it the world's largest importer. For your information, there are only two ABS/SBR producers. Facilities such as spandex, tire cord, etc. are also minimal ▶ Conclusion: India's petrochemical demand explosion is approaching. Attention needs to be paid to domestic petrochemical companies that 1) have factories in India or 2) benefit from a surge in Indian imports as a global No.1 downstream/specialty company
🧿 Yuanta [Fund Analyst Kim Hujeong] (4/24 Fund Issue) ■ Norway's sovereign wealth fund focuses on U.S •Norway's sovereign wealth fund increases investment in promising industries such as IT and healthcare and the U.S. where those industries are concentrated very quickly •The proportion of the United States increased from 30.0% in 2010 to 44.2%, while the proportion of Europe (UK, France, Switzerland, Germany, the Netherlands, Sweden, etc.) with a high proportion of traditional industries decreased from 44.4% to 29.2% during the same period •The proportion of the Netherlands, which has a relatively strong IT sector, has increased slightly ■ Singapore sovereign wealth fund focuses on U.S. and bio/tech • Looking at GIC's share of investment by country (total assets), the share of investment in the United States has increased since 2018 • Temasek also estimated that the proportion of North America and Europe increased significantly from 8% in 2010 to 29%, and that the increase in the proportion of the United States had an impact •Reduction of investment in traditional industries and expansion of investment in promising industries are common trends among institutional investors
everyone to avoid the murderous interest of OKB and pay back OKB except for winning #OKB
Yuanta [Investment Strategy Team] (4/24 Daily Opening Brief) <Global Stock Exchange Review – Recorded the biggest drop in the Shanghai Index this year> ■ [U.S.] U.S. stocks flat ahead of large-cap earnings report scheduled for this week. Differentiated by sector based on individual issues. Shares of U.S. lithium companies, which are also related to Korea, plunged due to the Chilean government's declaration of lithium nationalization ■ [China] Shanghai Composite Index closed -1.95% lower, the biggest drop this year. Hang Seng Index -1.57%, tech stocks also plunged. Foreign investors' funds were leaked in large quantities due to deepening anxiety over the U.S.-China conflict <Global Key Market Issues and Feature Stocks> ■ [U.S. - Monetary Policy] Cleveland Fed, Dallas Fed and other key Fed figures comment on the need for further rate hikes, particularly as they are concerned about the current level of inflation and stress the need to respond ■ [China - Battery] Chinese electric vehicle battery technology startup U-Power (Chinese name U-Fincher), stock price soared +620% on the first day of listing on the New York Stock Exchange. The company has 14 patents, 102 suppliers and 165 customers related to EV battery replacement technology
Price Drop Analysis: Wave of Selling as Short-term Holders Cut Losses "..it's crucial to consider other factors and indicators in conjunction with the STH-SOPR to gain a comprehensive understanding.." ― Link by onchained | @cryptoquant_official
[Global ETF] ETF Trends & Portfolio: Blackout ▶ Hana Global ETF / FI Park Seung-jin (T.3771-7761) - Among the supply and demand advantages of bond-type ETFs, the global ETF market continues to expand. As interest rates rose, low-priced buying flowed into the bond-type ETF market, while funds leaked from the North American stock ETF market for the first time in four weeks amid companies' earnings announcements. Meanwhile, China-related expectations for stronger-than-expected economic recovery due to the reopening effect led to a +1.66 billion inflow of funds into the emerging Asian equity ETF market - Looking at the weekly flow of money inflows and outflows of U.S.-listed ETF stocks, it reflects investor sentiment to increase stability amid the upward revision of the expected path of monetary policy. Amid rebound in interest rates and earnings expectations, financial ETF XLF inflows +6.03 bln and VOO/IVV total +1.13 bln, while essential consumer ETF XLP and healthcare ETF XLV are also on the money inflow list - In the bond-type ETF stock group, a total inflow of +null.02 billion to TLT, a long-term government bond ETF, and +9.9 billion to HYG/JNK, a high-yield ETF, reflecting even interest in the overall bond-type ETF due to rising interest rates - Entering a blackout period where Fed figures' comments are restricted ahead of next week's FOMC, with major companies reporting their first-quarter earnings. Limited index fluctuations are expected amid weakening earnings momentum. With the possibility of an additional 25bp policy rate hike already firmly recognized, the degree of PCE to be announced later in the week will be an economic indicator that could affect the market - The fact that the available fiscal capacity of the Treasury Department is likely to be exhausted in June due to the confrontation between the Democratic/Republican parties and less-than-expected tax revenues is also expected to be a factor of future market pressure. Need to maintain a portfolio structure focused on quality and stability. ETFs include XLV, XLK, KBWB with a high proportion of large caps in the healthcare, tech and banking sectors, BTAL in response to volatility, and ASHR with a high proportion of mainland China
[Battery Weekly Lee Speed - Hana Securities 2nd Battery / Display Kim Hyunsoo, Wi Kyungjae] 'Price-Consideration Screening Approach' ▶ Car: Possible constraints on CATL patent cooperation business model in the U.S - Tesla Shares Slide -10.8% As Q1 Profitability Misses Consensus. Rivian and Lucid also fell -8.5% and -9.1% respectively due to earnings concerns. Chinese companies' stock prices fell as risks of entering overseas markets continued to be highlighted (NIO-10.1%, Li Auto -6.6%, and Xpeng -6.8%). - The chairman of the U.S. House Ways and Means Committee (Republican) sent a letter to Ford, Hyundai Motor, etc., pointing out that the recent cooperation with Ford-CATL bypasses the legislative purpose of the IRA and asked them to submit whether they have plans for joint ventures with concerned countries in the future. - Tesla's 1Q23 GPM fell behind the consensus of 19.3%, or 22.4%, while Elon Musk said he would prioritize revenue growth over profits. Meanwhile, Tesla has decided to cut Model 3 and Model Y prices by $2,000 and $3,000, respectively. ▶ Cell: 17 out of 22 electric vehicles eligible for IRA subsidies are equipped with Korean batteries - The combined universe (LGES, Samsung SDI, SK Innovation) of the three large battery companies fell -3.8% over the week, under-performing the KOSPI by -2.7%p. Shares of the three domestic battery companies fell due to concerns over intensifying competition in the North American market with Panasonic and VW (LGES -3.7%, Samsung SDI -3.7%, and SK on -4.4%). - Seventeen electric vehicles equipped with Korean batteries (11 LGES, 4 Samsung SDI, and 2 SKON) were included in the IRA subsidy (a total of 22 models). - Hyundai Motor Group will hold a board meeting on April 25 to establish a U.S. battery JV with LGES and SKon. The size of the battery plant is about 35~40GWh for LGES JV and 20~25GWh for SK on JV. - VW will build a battery plant in Ontario, Canada, and will receive about 13 trillion won in subsidies from the Canadian government. Meanwhile, VW is also considering the construction of Umicore and anode material JV plants. - Panasonic plans to invest about 6.5 trillion won to build a U.S. plant. It is the third plant after the Nevada and Kansas plants. ▶ Material/Equipment: Ministry of Trade, Industry and Energy, dispatched economic delegation and core mineral business survey team to Europe and South America, respectively - The combined universe of secondary battery materials rose +1.1% during the week. POSCO Future M's stock price rose +10.8% on expectations of expanding vertical integration of group companies. Chinese-based companies saw their shares fall (Beijing Aspring -5.0%, Guangzhou Tinchi -0.8%, Ningbo Shan -2.9%). - The Ministry of Trade, Industry and Energy dispatched economic delegations and key mineral business investigation teams to three Eastern European countries (Hungary, Slovakia, and Poland) and South America (Chile and Argentina), respectively. - LG Chem plans to establish two 120,000-ton anode material plants in Tennessee, the U.S., and a storage chemical oil cobalt and a 1.2 trillion won all-solid plant in the Saemangeum complex. LG Chem's battery materials division aims to achieve sales of 20 trillion won (5 trillion won in 2022) in 2027. - L&F announced its decision to dispose of treasury stocks worth about 530 billion won following the issuance of overseas exchange bonds. - L&F requested the Ministry of Trade, Industry and Energy to reconsider its entry into the U.S. and is expected to be decided in the first half of 2023. - Chile's president has announced that he will nationalize the lithium industry. - Chinese battery company Gotion has decided to invest about 13 trillion won (US$10 billion) to develop lithium mines in Afghanistan. - Inox announced a paid-in capital increase of 33 billion won to invest in its subsidiary Inox ECOM. Inox EcoM has technology to produce two core raw materials (SiOx, Si-C) for silicon cathode materials. - Chinese lithium carbonate prices continued to fall to 18.75 million yuan/ton ($27.2/kg) as of April 17. - According to Chinese media Pengpai, the utilization rate of the Chinese battery plant will rise after May, and accordingly, lithium carbonate prices will also rebound after falling to 100,000 yuan/ton ($14.5/kg). - Toyota and Panasonic's battery JVs will receive 4,000 tons of lithium carbonate annually from Ioneer for five years from 2025. - Daebo Magnetics has decided to temporarily suspend the management rights sale process. - POSCO Group plans to invest 4.4 trillion won in Gwangyang's east coast to develop new growth businesses such as secondary battery materials. - China's CMOC decides to resume operation of Congo's cobalt, copper. As a result, cobalt and copper prices are expected to fall further. - China's Gotion Hightech is planning to build a factory in Michigan with 150,000 tons of anode materials and 50,000 tons of cathode materials. Meanwhile, the Michigan Senate approved about 230 billion won ($17.5 billion) in plant construction subsidies to Gotion Hightech. - BYD plans to invest about 380 billion won to build a 50,000-ton LFP anode material plant in Chile. It will receive 1.25 million tons of lithium carbonate from the Chilean government at a preferential price. - Price increase and decrease rates compared to the previous week by mineral are lithium (-9.5%), nickel (+6.8%), cobalt (-0.0%), manganese (-4.4%), aluminum (+3.7%), copper (-0.1%), LiPF6 (-8.3%), and lithium (-50.3%), nickel (8.9%), cobalt (2.7%), and aluminum (2.7%). - In the fourth week of April, electricity prices in the three major European countries (UK, Germany and France) averaged 145.3 euros/MWh, down -0.3%. The average power price for April was 148.0 euros/MWh, up 7.3% from MoM. ▶ Investment Strategy: Price Attractive Enterprise Screening Approach - Investor sentiment was dampened by Tesla's 1Q23 earnings consensus, but global electric vehicle sales data, the most important indicator, is good (March U.S. YoY +38%, China YoY +22%, and three European countries (Germany/France/UK combined) YoY +14%). - In the case of battery cell makers, which presented conservative guidance at the beginning of the year, it is recommended to increase their share in that they can raise their earnings estimates due to rising exchange rates and AMPC effects. - For material companies, lithium carbonate prices have recently fallen from a high of 582 yuan/kg ($84/kg) in 2022 to 161 yuan/kg ($23/kg), while for cathode materials and lithium-related companies, it is difficult to expect a performance surprise from the lagging effect throughout 2022. Nevertheless, most companies are located at the top of the P/E band based on higher performance estimates, so they believe that there is limited room for further gains. It recommends selective access to companies with price attractiveness. (Compliance approved)
<The most traded NFTs yesterday = Mad Lads> - All chains outperformed BAYC by 5.8m in volume - Currently, the floor is 69 sol, 10 times the public https://www.tensor.trade/trade/madlads [Tensor | Pro NFT Trading on Solana](https://www.tensor.trade) FASTEST data ⚡️, BULK actions 🔥, ADVANCED orders ⚙️.
China, Covid 2nd wave? These days, as secondary COVID-19 infected people post many positive kits on Chinese SNS, concerns about the secondary wave of COVID-19 are mounting. The recurrence is starting in three months, and the number doesn't seem to be high yet. Accordingly, Chinese experts say that the symptoms of secondary infection are mild. But ahead of the May 1 Labor Day holiday, the stock market reflects increased infections. Shares of AliHealth, an online pharmacy, are rising 5% (Figure 1), while shares of Jeon Chi-deok (Figure 2), a leading Beijing duck chain company, are falling more than 8%. Source: Wind
The announcement of the pre-sale of the KuCoin SUI has been delayed It's been postponed to May 1st at 7pm https://www.kucoin.com/ko/news/en-announcement-of-sui-token-sale-postponement #Sui [Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin](https://www.kucoin.com/ko/news/en-announcement-of-sui-token-sale-postponement) KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, Gari etc.
👀 Ethereum ICO Participant Addresses for the first time in nearly 8 years. I bought 2,365 Ethers for $0.31, $734 per unit, but it's currently $4.3 million Class to move 1 more as a test NOTE - LOOK ON CHAIN #Ethereum #ICO participants #Moving funds
According to Lookon Chain, three Ethereum Whales have entered Ethereum (ETH) and Lapt Bitcoin (WBTC) long positions in the DeFi protocol. Whales Deposited ETH And WBTC To DeFi Project, Borrowed StableCoins And Deposited To Binance To Buy ETH And BTC.