17 June Watchlist 👀

 

Today we are watching…

1.  Luckin Coffee (#lk-adr)

Starbucks’ main Chinese rival is hunting it down. In only two years of business, Luckin Coffee has sold over 100 million cups of caffeine in a tea-drinking country, earning it the blessing of Wall Street. It only debuted on the Nasdaq in May, but Luckin Coffee is already a stock to watch, a growth prospect for investors overseas.

2. Advanced Micro Devices (#amd)

This American chip-maker is being dragged lower by fellow industry actor Broadcom, whose earnings results last week were a sorry sight. Chips go into smartphones, storage hardware, and other devices all hampered by tariffs. When one chip-maker falls, investors fear they’ll all go down, so Advanced Micro Devices needs to convince clients not to prune back their chip buying. Tall order.

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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