Esteban Ma
573 Articles
Esteban Ma, CFA Level 2 CANDIDATE, is a financial editor at TradingKey, mainly 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 industry analysis and macroeconomic analysis.
He passed the Certificate of Security Qualification(CSQ) and Certificate of Futures Qualification(CFQ).
Written by Esteban Ma
Reviewed by Esteban Ma
“King of Knockoff Weight-Loss Drugs” Still Struggling — Hims & Hers Misses Revenue, Stock Drops 12% After Hours
TradingKey - Despite a 73% year-on-year revenue increase in Q2 2025 that highlights the growth potential of the digital health sector, Hims & Hers (HIMS), a high-profile player in the AI-driven telehealth space, continues to face mounting legal and operational challenges. The negative impact on its
Tue, Aug 5
August and September Are Here — Wall Street’s Worst Months. But Buy the Dip, Say Strategists
TradingKey - After a record-breaking July, Wall Street is sounding the alarm: August and September are coming — historically the two weakest months for U.S. stocks. But despite the seasonal headwinds, major banks still advise investors to stay the course and buy the dip, citing strong AI momentum
Tue, Aug 5
Berkshire’s Q2 Profit Halved, Stock Dropped 10% — Was Buffett Wrong?
TradingKey - After reporting a more than 50% decline in second-quarter net profit and continuing to be a net seller of stocks, Berkshire Hathaway (BRK.A), led by legendary investor Warren Buffett, fell sharply — down 3.6% intraday and closing at its worst level since February.
Tue, Aug 5
Palantir Q2 Earnings: “Astonishing” AI Impact Drives Record Revenue — Is Its Sky-High Valuation Justified?
TradingKey - Palantir (PLTR), the AI and defense software powerhouse, delivered a standout second-quarter performance on Monday, August 4, reporting its first-ever $1 billion revenue quarter. Driven by what CEO Alex Karp called the “astonishing impact” of artificial intelligence, the company raised
Tue, Aug 5
Nonfarm Payrolls Spark a Treasury Short Squeeze — Steepener ‘Pain Trade’ Becomes the Winning Bet
TradingKey - The July U.S. jobs report and the sudden resignation of Federal Reserve Governor Adriana Kugler triggered a dramatic shift in bond market sentiment, fueling a massive short squeeze in U.S. Treasuries. On Friday, August 1, the 2-year Treasury yield plunged 28 basis points — the largest
Mon, Aug 4
What the July Jobs Report Reveals: Record Downward Revisions Stoke Recession Fears
TradingKey - The release of the U.S. July nonfarm payrolls report on Friday, August 1 has shattered the narrative of a resilient labor market — so severely that President Donald Trump fired the head of the Bureau of Labor Statistics (BLS) within hours. With payroll growth slowing sharply and prior
Mon, Aug 4
Trump Fires BLS Head After Jobs Report — Is America’s Data “Gold Standard” at Risk?
TradingKey - In a move that has sent shockwaves through the economic and political establishment, President Donald Trump ordered the dismissal of Erika McEntarfer, Commissioner of the U.S. Bureau of Labor Statistics (BLS), just hours after the release of the July nonfarm payrolls report on Friday
Mon, Aug 4
Reddit Earnings Explode on AI Advertising Boom — Profit Doubles Forecast, Stock Jumps 15%
TradingKey - Fueled by artificial intelligence in advertising, community-driven social platform Reddit (RDDT) delivered a blockbuster second-quarter performance, reporting record profits and strong forward guidance that far exceeded expectations.
Fri, Aug 1
Google’s Android Monopoly Cracks as Court Upholds Epic Ruling, Opening Google Play to Competition
TradingKey - On Thursday, July 31, the U.S. Ninth Circuit Court of Appeals rejected Google’s appeal in the Epic Games antitrust case, upholding the lower court’s 2023 ruling that Google illegally maintained a monopoly over app distribution and payment systems on the Android platform.
Fri, Aug 1
Memory Chip Landscape Reshuffled — NVIDIA Lifts SK Hynix to No. 1, Samsung is Fighting Back
TradingKey - In the second quarter of 2025, the global memory chip market saw a historic shift: SK Hynix surpassed Samsung in quarterly memory revenue for the first time, driven by surging demand from its key AI client, NVIDIA, for high-bandwidth memory (HBM). However, the competitive dynamics
Fri, Aug 1
Figma Soars 250% on IPO Day — Early VCs Reap 70x Returns as Adobe Regrets Missed Deal
TradingKey - Figma (FIG), the leading collaborative design platform, made a spectacular debut on the New York Stock Exchange on Thursday, July 31, with its stock surging more than 250% on its first trading day. The strong performance turned early venture capital investments into massive gains, with
Fri, Aug 1
Apple’s AI Makeover Begins: With Solid Earnings, Cook Eyes Big Moves — Including a Perplexity Deal?
TradingKey - Apple's CEO Tim Cook signals a strategic shift in the earnings call, stating that the company is significantly increasing investment in artificial intelligence and is open to acquiring external companies to accelerate its AI development, raising the possibility that Apple may
Fri, Aug 1
The “Split Reality” of U.S. Q2 GDP: 3% Growth Masked by Plunging Imports, Domestic Demand Cools
TradingKey - The U.S. economy rebounded sharply in Q2 2025, with real GDP growth clocking in at 3.0%, reversing Q1’s -0.5% contraction and far exceeding the 2.6% consensus forecast. The strong number has become a centerpiece of President Donald Trump’s economic messaging, but economists warn the
Thu, Jul 31
Yen Survives 150 Test: BOJ’s Inflation Forecast Hike Sparks Rate Rise Speculation
TradingKey - In a move mirroring the U.S. Federal Reserve’s recent signal of policy divergence, the Bank of Japan (BOJ) delivered a surprisingly hawkish surprise on July 31, sending the yen sharply higher and pulling USD/JPY back from the critical 150 level.
Thu, Jul 31
Arm Shares Plunge 8% After Hours — Profit Warning and Chipmaking Pivot Raise Concerns
TradingKey - Arm (ARM.US) delivered a mixed first-quarter earnings report for its fiscal Q1 2026, sending its stock down over 8% in after-hours trading. While revenue beat expectations, profit declined sharply, and weak guidance for the next quarter raised concerns about the company’s costly pivot
Thu, Jul 31
The Battle for a September Rate Cut Heats Up as Fed Consensus Frays
TradingKey - The Federal Reserve’s July 2025 policy meeting ended as expected — with no change to interest rates — but it marked a historic turning point in internal Fed consensus, shattering decades of unified messaging. While the FOMC statement leaned dovish, Chair Jerome Powell’s tone was notably
Thu, Jul 31
Q3 U.S. Stocks Rally May Be Overextended: Tariff Fatigue and Seasonal Risks Demand a Repricing
TradingKey - The “Golden July” for U.S. equities delivered as expected, with the S&P 500 and Nasdaq Composite hitting new highs. But as markets enter the historically uncertain month of August and approach the infamous “September Swoon,” analysts are warning: it’s time to reassess underpriced risks
Wed, Jul 30
Hong Kong’s Stablecoin Regime Launches August 1 — But “Stablecoin Stocks” Aren’t Celebrating Yet
TradingKey - As the Hong Kong Stablecoin Bill officially takes effect on August 1, market excitement has fizzled. Despite the landmark regulatory milestone, stablecoin-related stocks have underperformed — reflecting concerns that the licensing rollout is moving slower than expected, and that the
Wed, Jul 30
Palo Alto Networks Eyes $20B CyberArk Deal — Cybersecurity Consolidation Wave Accelerates
TradingKey - Following reports that Palo Alto Networks (PANW) is in advanced talks to acquire CyberArk (CYBR) for over $20 billion, shares of CyberArk surged 17% intraday, closing up 13.47% — a new all-time high. The potential deal underscores a growing consolidation trend in the cybersecurity secto
Wed, Jul 30
Fed’s Biggest Split in 30 Years: Three Camps Battle Over Rate Cuts as Bond Bulls Lose Confidence in September Easing
TradingKey - The Federal Reserve’s July FOMC meeting concludes on July 30, with markets widely expecting no rate cut and a first rate cut in September. But deep internal divisions among Fed policymakers are making Treasury investors hesitant, prompting bond bulls to scale back bullish positions
Wed, Jul 30
