Is it worth investing in gold ETFs in 2024?

Overview and Evolution of Gold Exchange-Traded Funds (ETFs) What is a Gold ETF? A Gold ETF, or Gold Exchange-Traded Fund, is a type of commodity ETF based on gold. It's traded on stock markets and typically divides the fund into units representing fractions of an ounce of gold. There are two main types: Physical Gold ETFs, which hold actual gold assets like bars or coins, and Derivative Gold ETFs, which track gold contracts without owning physical gold. Development History [image]
2024-03-06 16:01uSMART

Exploring the Investment Potential of Facebook: Is It a Smart Choice?

Company Overview: Facebook, also known as FB, is a social networking service and social media platform founded in the United States on February 4, 2004, by Mark Zuckerberg and his Harvard University roommates. With over 2.6 billion active users as of the first quarter of 2020, Facebook is headquartered in Menlo Park, California. Product Domain: Facebook is a globally renowned technology company that ventures into multiple product domains, including social networking, instant messaging, photo and video sharing, and payment services. Its main products include the social networking platform Facebook, the Messenger instant messaging application, the Instagram photo and video sharing social platform, the WhatsApp cross-platform instant messaging application, Oculus VR virtual reality technology, Workplace enterprise social platform, Portal smart video calling device series, and Facebook Pay payment service. Furthermore, the company actively invests in and develops technologies and products in other domains such as virtual reality, artificial intelligence, and blockchain. Facebook Stock Information, Annual Income Statement, Balance Sheet, and Cash Flow Situation (Reference: Google Finance Data)Ticker Symbol: META Exchange: Nasdaq Market Cap: $772,488,775,788 (as of January 24, 2024) Index Inclusion: Dow Jones Industrial Average, S&P 500 Index, Russell 1000 Index, Russell 3000 Index, U.S. Technology Index, Dow Jones U.S. Index Stock Price Movement Over the Past Five Years (2020-2024) [image]
2024-03-06 11:37uSMART

India's GDP for the fourth quarter of 2023 unexpectedly exceeded expectations, bringing new opportunities for investors.

On February 29, 2024, according to a report from Hong Kong's Reuters, India's economic data for the fourth quarter of 2023 brought a surprise. The data showed that India's GDP grew by 8.40% year-on-year, far exceeding market expectations of 6.6% and the previous value of 7.6%. This unexpectedly strong growth has brought new opportunities and challenges for investors. India, as one of the world's largest democracies, has always been closely watched for its economic growth. The performance in the fourth quarter of 2023 is particularly noteworthy. [image]
2024-03-05 15:47uSMART

NWS Holdings Unveils Strong Interim Results with Special Dividend; Co-CEO Brian Cheng Makes Debut Appearance

2024-02-28 17:54uSMART

Trump back in power? Consider a global investment layout.

On Monday night (January 15th), Donald Trump easily won the Iowa Republican Caucus. If Trump returns to power, it could have significant implications for certain countries and regions. Reflecting on Trump's policy orientation and actions during his tenure, I personally remain highly cautious regarding the Chinese and Hong Kong markets, as well as U.S.-listed Chinese stocks. I suggest everyone consider a global investment layout. In the realm of global investment, Exchange-Traded Funds (ETFs) serve as a popular investment tool, offering advantages such as diversification, low cost, flexibility, and low entry barriers, making them an ideal choice for investors seeking global asset allocation. Below, we will explore why it is necessary to consider a global investment ETF layout and the advantages it brings. 1.Asset Diversification and Risk Mitigation: A global investment ETF layout provides investors with extensive asset diversification. By investing in ETFs that cover different regions, industries, and asset classes worldwide, investors can access a broader range of investment opportunities and reduce the risk associated with adverse impacts from specific regions or industries. 2.Global Economic Growth and Opportunity Capture: A global investment ETF layout enables investors to participate in global economic growth and opportunities in emerging markets. Economic growth levels and market performances may vary across different countries and regions. By investing in global ETFs, investors can leverage these variations to capture growth opportunities on a global scale. The strategy targets are as follows: usBND Vanguard Total Bond Market ETF usDBJP Xtrackers MSCI Japan Currency-Hedged Equity ETF usGLD SPDR Gold ETF usIXJ iShares Global Healthcare ETF usJNK SPDR Bloomberg Barclays High Yield Bond ETF usPAVE Global X U.S. Infrastructure Development ETF usPSI Invesco Semiconductor ETF usSCHG Schwab U.S. Large-Cap Growth ETF usVPL Vanguard FTSE Pacific ETF usVWOB Vanguard Emerging Markets Government Bond ETF 3.Cost-effectiveness and Liquidity: Trading ETFs and derivatives in Hong Kong does not incur stamp duty, which means grid traders can save significant trading costs through multiple buy and sell transactions, thereby enhancing trading returns. Additionally, ETFs have good liquidity due to their open-ended structure, allowing investors to flexibly adjust their investment portfolios as needed. uSMART HK is a licensed securities broker authorized by the Hong Kong Securities and Futures Commission. With continuous investments from well-known financial institutions in Hong Kong and strategic investments from Chow Tai Fook Enterprises, it has a solid background and provides security assurance. It is an excellent tool for domestic investors to trade overseas ETFs. It offers various intelligent order functions, including grid trading, and allows trading of leveraged short ETFs such as SQQQ. Here are some popular overseas ETFs: Nikkei Index ETF: Tracks the Nikkei 225 Index, representing the largest Japanese companies listed on the Tokyo Stock Exchange. Cryptocurrency ETF: Provides exposure to a basket of cryptocurrencies, offering stable returns and resilience against market risks. India ETF: Invests in the Indian stock market, allowing participation in India's economic growth. Includes indices like Nifty 50 and Sensex. NASDAQ Composite Index: Covers all stocks listed on NASDAQ, with a focus on technology, biotechnology, and internet industries. S&P 500 Index: Comprises 500 large U.S. companies, reflecting the overall performance of the U.S. stock market across various sectors. Global investment layout, welcome to join uSMART Investing globally offers more opportunities, lower volatility, and better diversification. With the development of QDII products and platforms like Stock Connect, accessing overseas assets has become easier. uSMART selects diversified ETF strategies for investors looking to tap into the global market. We track and invest in ETFs that closely follow market trends, providing professional services with just one commission.[image]
2024-02-28 11:44uSMART

Is Microsoft Corporation worth investing in?

Company Profile: Microsoft is a multinational technology company originating from the United States, founded in 1975 by Bill Gates and Paul Allen. Headquartered in Redmond, Washington, USA, it is one of the five tech giants alongside Amazon, Apple, Google, and Meta. Its primary business includes research, development, manufacturing, licensing, and provision of a wide range of computer software services. Its most famous and best-selling products are the Microsoft Windows operating system and Microsoft Office productivity software. Other subsidiaries such as the Xbox gaming business are also well-known. Product Areas: Microsoft operates in various product areas, including: Operating Systems: Notably, Microsoft develops the widely-used Windows operating system for personal computers and Windows Server for enterprise servers. Office Software: Microsoft Office suite comprises popular applications like Word, Excel, PowerPoint, and Outlook for office productivity. Cloud Computing and Enterprise Solutions: Azure cloud platform offers a range of services for building, deploying, and managing applications, along with enterprise solutions like Microsoft 365 and Dynamics. Development Tools: Microsoft provides tools like Visual Studio IDE and .NET framework for application development. Gaming and Entertainment: Microsoft's Xbox brand includes gaming consoles like Xbox Series X/S and services like Xbox Live, along with the Windows Store for distributing applications and games. Microsoft Corporation Stock Information, Annual Income Statement, Balance Sheet, and Cash Flow Situation (Reference Google Finance Data) Ticker Symbol:: MSFT Exchange:: Nasdaq Market Capitalization: :$2,963,020,022,702 (as of January 19, 2024) Index Inclusion: Dow Jones Industrial Average, S&P 500 Index, Russell 1000 Index, Russell 3000 Index, US Technology Index, Dow Jones US Index Industry: :ASIC, PC Gaming, Artificial Intelligence, Enterprise Resource Planning, Streaming Media, Operating Systems, Customer Relationship Management, Wearable Devices, Audio Equipment and Parts, Suite Software, Software Industry, Cloud Technology, Search Engines, Gaming Consoles, Application Software Microsoft Stock Price History[image]
2024-02-28 10:03uSMART

2024 New Year's Address | Roaring into the New Year, Embarking on a Global Asset Allocation Adventure

2024-02-08 00:00uSMART

Unexpected Earnings: 3 Stocks that Beat Analysts' Expectations

As earnings for the final quarter of 2023 continue to be reported, there is a mix of results among companies. While some, like Tesla (NASDAQ:TSLA), are falling short of expectations, there are others that are pleasantly surprising investors with stronger-than-expected financial performance. With only 10% of S&P 500 companies having reported their Q4 2023 results, 62% have announced profit and sales surprises, according to FactSet. Let's take a closer look at three stocks that have exceeded analyst expectations: IBM (IBM)IBM's stock (NYSE:IBM) soared by 11% following the release of its fourth-quarter financial results. The technology giant reported earnings per share (EPS) of $3.87, surpassing the expected $3.78. Revenue totaled $17.38 billion, slightly higher than the forecasted $17.30 billion. IBM's sales increased by 4% compared to the previous year. Notably, the company's Q4 gross margin was the highest since 1999. IBM expects $12 billion in free cash flow in 2024 and mid-single-digit revenue growth. Overall, IBM stock has seen a 38% increase over the last 12 months. American Airlines (AAL)American Airlines' stock (NASDAQ:AAL) rose by 8% after the company reported better-than-expected Q4 earnings and provided an optimistic outlook for the year ahead. The airline posted Q4 EPS of 29 cents on revenue of $13.10 billion, outperforming the predicted 11 cents on $13 billion in sales. American Airlines attributed its success to the continued strength in air travel post-pandemic, including record bookings over the recent holiday season. The company expects earnings of $2.25 to $3.25 per share for 2024, surpassing analyst expectations of $2.14 per share. While AAL stock had declined by 7% over the past year, the strong Q4 performance suggests a potential turnaround. Service Now (NOW)ServiceNow's stock (NYSE:NOW) performed well ahead of earnings and continued to impress with its Q4 results. The software company reported EPS of $3.11, surpassing the expected $2.78. Quarterly revenue reached $2.437 billion, marking a 26% YoY increase and surpassing Wall Street forecasts. ServiceNow attributed its strong performance to the rising demand for its AI products and the launch of 15 generative AI software offerings. The company provided optimistic guidance, expecting subscription revenue of $2.510 billion to $2.515 billion for Q1 2024, and projecting subscription revenues of $10.555 billion to $10.575 billion for the full year, representing a 22% YoY growth. NOW stock has seen significant gains, rising by 72% over the last 12 months and 305% over the past five years. In summary, IBM, American Airlines, and ServiceNow have all delivered impressive earnings results, exceeding analyst expectations and driving their stock prices higher. Disclaimer: The content and information contained all general information and data (“ Information”) for reference only and does not constitute an offer or a solicitation for sale or recommendation of any investments, trading strategies or investment products. Our company uses its reasonable endeavours to ensure the accuracy and reliability of the information provided, but cannot guarantee its accuracy, and will not be liable for any loss or damage arising from any inaccuracy or omission.
2024-01-29 18:11uSMART

Breaking News: SEC Approves 11 Spot Bitcoin ETFs

Breaking News: SEC Approves 11 Spot Bitcoin ETFs – A Game-Changer for Crypto Investors Introduction: The U.S. Securities and Exchange Commission (SEC) has granted approval to 11 Spot Bitcoin Exchange-Traded Funds (ETFs), marking a groundbreaking moment for cryptocurrency investors. This approval, issued on January 11, 2024, is expected to have a profound impact on the crypto industry, enabling the trading of spot bitcoin ETFs starting this Thursday. 11 Spot Bitcoin ETFs Approved ARK 21Shares Bitcoin ETF (ARKB) Bitwise Bitcoin ETF (BITB) Fidelity Wise Origin Bitcoin Trust (FBTC) Franklin Bitcoin ETF (EZBC) Grayscale Bitcoin Trust (GBTC) Hashdex Bitcoin ETF (DEFI) Invesco Galaxy Bitcoin ETF (BTCO) iShares Bitcoin Trust (IBIT) Valkyrie Bitcoin Fund (BRRR) VanEck Bitcoin Trust (HODL) WisdomTree Bitcoin Fund (BTCW) Key Takeaways: 1.Spot Bitcoin ETF Approvals: The SEC has given its approval to a roster of 11 Spot Bitcoin ETFs, featuring reputable entities such as ARK 21Shares, Bitwise, Fidelity, Grayscale, and others. This decision is anticipated to create opportunities for heightened investment and engagement in the cryptocurrency realm. 2.Investor Appeal: The approval of spot bitcoin ETFs is seen as a strategic move to attract a broader range of investors. These ETFs are designed to provide exposure to payment tokens, making cryptocurrency investment more accessible to a diverse investor base. 3.Regulatory Seal of Approval: The SEC's approval serves as a crucial regulatory endorsement for the world's largest cryptocurrency. This seal of approval is anticipated to mitigate some investor concerns, offering regulatory safeguards and the opportunity to invest with reputable financial firms. 4.Impact on Bitcoin Price: The anticipation of significant investments flowing into spot bitcoin ETFs has contributed to a substantial boost in Bitcoin prices. Analysts project substantial growth in the spot bitcoin ETF market, estimating it could reach $100 billion over time. 5.Retail Investor Access: Unlike traditional methods where retail investors could only gain exposure to cryptocurrencies through direct purchases or ETFs trading in cryptocurrency futures, spot bitcoin ETFs now allow investors to access bitcoin without the need for a bitcoin wallet. Regulatory Journey: The road to approving spot bitcoin ETFs has been a long one. Initiated in 2013 with the Winklevoss twins' application, subsequent applications faced challenges and rejections. However, the SEC's stance began to change in 2021, marking a shift in perception towards spot-based bitcoin ETFs. Recent estimates suggest significant inflows into spot bitcoin ETFs, with market size projections reaching $100 billion. Cautionary Note: SEC Chair Gensler emphasizes the importance of investors considering associated risks before investing in products tied to cryptocurrencies. While regulatory approval brings credibility, it is crucial for investors to remain vigilant and well-informed about the potential risks involved. Please click to read, understand, and acknowledge the relevant risks associated with payment tokens before trading at uSMART. Conclusion: The approval of 11 spot bitcoin ETFs by the SEC signifies a monumental step towards mainstream acceptance of cryptocurrencies. As these ETFs become available for trading, they are expected to reshape the dynamics of crypto investments, inviting a broader audience and injecting new vitality into the digital asset market. Investors are encouraged to stay informed, exercise caution, and explore the opportunities presented by this transformative development. For more information, please download uSMART app. [image]
2024-01-12 18:25uSMART