Esteban Ma
💼TradingKey Financial Editor
🏅CFA Level 2 CANDIDATE
📊Stocks | Cryptocurrency | Commodities
Summary
Esteban Ma, CFA Level 2 CANDIDATE, is a financial editor at TradingKey, focusing on covering equities, cryptocurrencies and commodities. With two years of experience in crypto at Gate.io Research and three years in comprehensive finance, he specializes in cryptocurrency and macroeconomic analysis.
Areas of Expertise
Macroeconomic Research: Analysing Federal Reserve policy, inflation trends, and employment growth
Crypto Finance: Analysing blockchain projects
Data Modeling: Proficient in building and analysing statistical models
Market Insights: Keenly capturing market trends, reporting headline news, and conducting in-depth analyses
Experience
TradingKey｜Financial Editor 2023 - Present · Shenzhen Responsible for writing and publishing real-time news and in-depth analysis articles in the fields of macroeconomics, stock markets, cryptocurrencies, and commodities. Gate.io｜Financial Analyst 2021 - 2023 · Shenzhen Focused on analysing blockchain projects and on-chain ecosystems, building models for traditional finance and crypto finance, and interpreting on-chain metrics and market trends.
Total 622 articles
Musk Confirms SpaceX 2026 IPO: The Dual ‘Trillion-Dollar’ Bet with Hidden Risks
TradingKey - Elon Musk has confirmed speculation that his space exploration company, SpaceX, is preparing for an IPO as early as 2026. The potential listing, which could value SpaceX at over $1 trillion, might catapult it into the ranks of the world's top ten most valuable companies. This raises a
Thu, Dec 11
After the Crypto Crash, Is an Altcoin Season Looming Post-Liquidation?
TradingKey - The crypto market remains unsettled two months after the October 10 liquidation wave, one of its largest ever. Bitcoin's price has erased all its year-to-date gains, quieting predictions of a 2025 bull run. Amid Bitcoin's struggles and weakening year-end liquidity, calls for an altcoin
Fri, Dec 5
U.S. Consumers Downshift: Dollar Stores Boom While Big Retailers Falter, With Black Friday Showing Weakness
The creeping impact of tariff policies on households now highlights a stark "K-shaped divergence" in retail performance. Dollar stores are gaining traction, challenging traditional large-scale retailers' growth, and even record online Black Friday sales hint at a trend of consumer down-trading.
Fri, Dec 5
The 2026 Fed Consensus Debate: Not Hassett, It’s About Whether Powell Stays or Goes
TradingKey - Kevin Hassett, White House National Economic Council Director, is poised to succeed Jerome Powell as the next Federal Reserve Chair. This development signals a potentially more dovish monetary policy. Beyond Wall Street's focus on this outlook, the Fed's independence is also under
Thu, Dec 4
OpenAI on ‘Code Red’ Amid Crisis, But Altman Remains Its Ultimate Trump Card
TradingKey - Google's powerful AI model, Gemini 3, has delivered a significant blow to OpenAI, forcing Sam Altman's company to declare an urgent "Code Red" amid a brewing technical and brand crisis. OpenAI indeed faces immense pressure, though its vast user base may yet prove a formidable moat.
Thu, Dec 4
Hassett as Potential Fed Chair: Why He Could Be the Best Choice for U.S. Stocks and the Dollar
Why would Hassett be the best choice for US stocks and the US dollar if he were to become the Federal Reserve Chairman?
Wed, Dec 3
"Buying the Nvidia Dip" Is On the Table as Valuation Nears Historic Lows
TradingKey - Nvidia's stock appears to have fallen from grace in Q4 amid tech valuation fears and rival advancements, despite robust fundamentals and near-historic low valuation levels. Nvidia, the world's highest market capitalization company, faces such concerns head-on. Optimistically, Nvidia's
Wed, Dec 3
How Zootopia 2’s Record-Breaking Opening Could Reignite Disney's Stock
TradingKey - Hollywood giant Disney (DIS) has seen its film "Zootopia 2" achieve massive initial success, setting a global animated film box office record and, crucially, solidifying Disney's robust market foundation in China. Disney shares have risen for four consecutive days; is it still a good
Tue, Dec 2
Would a Strategy Bitcoin Sale Plunge Crypto into a Deep Freeze?
TradingKey – Bitcoin plunged into a fresh liquidation crisis in early December, following a brief late-November rebound, as internal cracks emerged that questioned key institutional support. Unlike October's multi-billion dollar forced liquidation event, which was primarily driven by external shocks
Tue, Dec 2
Google's Gemini 3: A Full-Stack Challenge to the Reign of OpenAI and Nvidia
TradingKey - Google is poised to disrupt the AI power hierarchy, armed with its Gemini 3 model and Tensor Processing Units (TPUs). This challenges the established dominance of OpenAI in large model software and Nvidia in hardware.
Mon, Dec 1
Walmart Q3 Earnings Highlights: Nasdaq Shift Signals AI Ambitions Amid E-commerce Boom
TradingKey - In stark contrast to US retailers like Target and Home Depot struggling amidst economic uncertainty, America’s largest retailer, Walmart (WMT), maintained robust growth in Q3 2025. Its fiscal year 2026 Q3 earnings report once again proved the company's resilience in a trade-down economy
Fri, Nov 21
"Sell Japan" Overpowers the "Takanichi Trade": Three Keys to a Turnaround
TradingKey - Compounded by a slump in U.S. technology stocks, Japanese markets are currently experiencing a sustained "triple whammy" of declines across equities, bonds, and the yen. This "sell Japan" narrative has overshadowed the positive sentiment that followed the "Takaichi trade" in late
Fri, Nov 21
Breaking the Chains: Microsoft-Anthropic Deal Seen as Catalyst for Valuation Jump
TradingKey - Microsoft shares have pulled back over 8% from their all-time high in October, yet the tech giant presents an attractive buying opportunity. This is driven by robust growth potential in its Azure cloud business and solid financial fundamentals. The “Microsoft-Anthropic” two-way
Thu, Nov 20
Three NFP Jobs Reports and Fed Divisions Have Killed the Fed's Easing Game
TradingKey - The delayed September Non-Farm Payrolls (NFP) and the ambiguous October NFP have already deepened divisions within the Fed amid a persistent data fog. Making the situation more acute, the December NFP report—released unexpectedly late, after the final Federal Open Market Committee
Thu, Nov 20
Nvidia Q3 Earnings: A Short-Term Fix or Long-Term Solution for 60%+ Growth?
TradingKey - Nvidia's Q3 fiscal 2026 earnings report, which comfortably beat market expectations for both revenue and EPS, provided a much-needed reprieve for a fragile U.S. stock market. While CEO Jensen Huang directly countered the AI bubble narrative, analysts remain cautious, questioning whether
Thu, Nov 20
Walmart Q3 Earnings Preview: The 'Defensive Buy' Amid Economic Headwinds and Market Turmoil
TradingKey - Walmart (WMT), the largest U.S. retailer, is scheduled to report its fiscal third-quarter 2026 earnings, for the period ending October, before the U.S. market opens on Thursday, November 20. Despite facing headwinds from tariff policies and weakening U.S. consumer vitality, Walmart has
Wed, Nov 19
Anthropic vs. OpenAI: Claude's Triple-Cloud Backing Challenges OpenAI’s Full Stack
TradingKey - While OpenAI, developer of ChatGPT, spearheads a staggering $1.5 trillion "AI circular trade," rival Claude AI maker Anthropic is emerging as the only AI unicorn to secure backing from all three major cloud service giants: Amazon, Google, and Microsoft, by leveraging a small but
Wed, Nov 19
The Ultimate Test for the Market: What Nvidia's Earnings Mean for U.S. Stocks
TradingKey - Nvidia (NVDA), the leader in the AI chip market, is set to release its fiscal year 2026 Q3 earnings report after the close of US markets on Wednesday. As US investors engage in a frantic sell-off driven by interest rate expectations and the AI bubble, the Q3 report from "AI bellwether"
Wed, Nov 19
Target Q3 Earnings Preview: Growth Recovery Expectations Remain Low. Is It Time to Buy?
TradingKey - U.S. retail giant Target (TGT) is grappling with shifting consumer habits and trade policy changes as it prepares to release its third-quarter 2025 earnings before the market open on Wednesday, November 19. The company, which primarily sells discretionary items, is striving to return to
Tue, Nov 18
Nvidia Q3 Earnings Preview: Can Blackwell's Ramp-Up Break the Slowdown and Save the U.S. Stocks?
TradingKey - NVIDIA (NVDA) is set to report its Q3 FY2026 earnings after market close on Wednesday, November 19, positioning itself as a key market focus amid a broader U.S. stock market pullback fueled by AI bubble concerns and liquidity pressures. Analysts widely anticipate NVIDIA will deliver its
Tue, Nov 18
