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 624 articles
S&P 500 Poised for 16th Record High in 2025 — Is the Squeeze Turning Into a "Pump-and-Dump"?
TradingKey - Despite strong economic data and hopes for rate cuts, the sheer strength of the U.S. stock market rally remains puzzling — especially amid lingering tariff risks. Analysts warn that a powerful short squeeze is fueling speculative froth, and the risk of a market correction is rising.
Fri, Jul 25
Musk’s Bold Bet on Autonomous Rides: 4 Key Challenges Facing Tesla’s Robotaxi
TradingKey - Facing near-term business headwinds, Tesla CEO Elon Musk is pushing investors to focus on the company’s AI and autonomous driving vision. While Musk boldly claims that Robotaxi will serve half the U.S. population by the end of 2025, Wall Street analysts warn that the Robotaxi expansion
Fri, Jul 25
Musk Moves Fast to Rescue Tesla’s Earnings — Robotaxi to Expand to San Francisco This Weekend
TradingKey - After Tesla’s stock plunged nearly 8% following its weak Q2 2025 earnings report, CEO Elon Musk quickly countered with a major announcement: Tesla’s Robotaxi service will launch in San Francisco as early as this weekend.
Fri, Jul 25
Google’s Record Q2 Search Business: From Search Empire to AI Empire — A Defender Becomes the Attacker?
TradingKey - Global search giant Google (GOOG) has delivered a strong rebuttal to concerns that AI could disrupt search business. With a record-breaking second-quarter revenue, AI-driven search growth, and increased capital spending, Google is signaling that its “All in AI” strategy is no longer
Fri, Jul 25
American Airlines, Southwest Crash 10% as Economic Headwinds Hit Travel Demand — Bottom in Sight?
TradingKey - U.S. economic uncertainty is weighing on travel demand, pushing both American Airlines (AAL) and Southwest Airlines (LUV) to report declining profits in the second quarter. Despite leadership from both carriers signaling a potential turnaround ahead, shares of AAL and LUV plunged around
Thu, Jul 24
Ethereum’s Summer Rally Resumes — BitMine Targets 5% of ETH Supply as Stablecoin Adoption Adds Fuel
TradingKey - After a brief mid-week pullback, Ethereum (ETH) is regaining upward momentum, rebounding nearly 5% from its Thursday low of $3,500. BitMine has set an ambitious goal: to accumulate 5% of the total circulating supply of Ethereum, growing its position through strategic purchases
Thu, Jul 24
GPT-5 Set to Launch in Early August? OpenAI’s AGI Vision Might Take a Step Forward
TradingKey - According to a report by The Verge, the highly anticipated AI model ChatGPT-5 could be released as early as early August. OpenAI CEO Sam Altman has previously described GPT-5 as a system that integrates multiple technologies, and its launch could mark a significant step toward the
Thu, Jul 24
Tesla Q2 Earnings: Investors Sell Off as Stock Drops 9% — But Wall Street Sees a Buying Opportunity?
TradingKey - After Tesla released its Q2 2025 earnings, a clear divide emerged between investors and Wall Street analysts. Following CEO Elon Musk’s confirmation of negative impacts from Trump’s tariffs and his warning of “difficult quarters ahead,” Tesla’s stock plunged nearly 9% in early trading
Thu, Jul 24
Inflation Target Achieved, Rate Hikes Back on the Table? ECB Pauses Rate Cuts in July, Unfazed by Euro Strength
TradingKey - After eight consecutive rate cuts, the European Central Bank (ECB) has hit the pause button on its easing cycle — marking a potential turning point, as inflation reaches target and the eurozone economy shows resilience, despite ongoing U.S.-EU trade tensions.
Thu, Jul 24
Tesla’s Q2 Earnings Miss But Not Unexpected; Margin Rebound and Affordable Models Offer Some Relief
TradingKey - After the U.S. market close on July 23, electric vehicle leader Tesla (TSLA) released its Q2 2025 earnings report. While revenue and earnings missed expectations, the rebound in gross margins and guidance on more affordable vehicles offered a glimmer of hope amid ongoing challenges.
Wed, Jul 23
Is a Meme Coin Bubble Bursting? ETH Drops 3%, XRP Plunges 10%, Ethereum-Reserve Stocks Tumble
TradingKey - Following a surge in altcoin prices fueled by the passage of U.S. stablecoin legislation, the rally appears to be cooling — with growing concerns over a potential bubble. On Wednesday, July 23, Ethereum (ETH) fell 3%, Ripple (XRP) plunged nearly 10%, and Ethereum-reserve-linked stocks
Wed, Jul 23
Firing Powell Won’t Fix the Debt — And Further Rate Cuts Could Backfire, Deutsche Bank Warns
TradingKey - On President Donald Trump’s argument that firing Fed Chair Jerome Powell would lower interest rates and reduce the U.S. government’s soaring debt costs, Deutsche Bank has issued a clear warning: forced rate cuts would have little meaningful impact on debt burdens, and could even
Wed, Jul 23
Tesla Set to Report Q2 Earnings — Sell the Reality or Buy the Future Narrative?
TradingKey - Tesla (TSLA) will release its Q2 2025 earnings after the market close on Wednesday, July 23, becoming the first of the Magnificent Seven tech giants to report this season. With weak fundamentals on one side and Elon Musk’s bold vision on AI, Full Self-Driving (FSD), and robotics on the
Wed, Jul 23
After U.S.-Japan, U.S.-EU Nears 15% Tariff Deal — Euro and European Stocks Rally, But Risks Remain
TradingKey - Following the U.S.-Japan agreement on a 15% tariff rate, the United States and European Union are now reportedly close to reaching a similar trade deal — reinforcing market expectations that the Japan accord served as a template for broader negotiations.
Wed, Jul 23
Riding the U.S. IPO Wave, Figma Brings Back the “Auction-Like IPO” to Wall Street — What’s Behind the Confidence?
TradingKey - As Figma, the cloud-based design software company, moves forward with its IPO process, the SaaS firm — widely seen as a potential catalyst to revive a long-dormant software IPO market — is taking a dual approach: Adopting an auction-style IPO pricing mechanism to capitalize on the
Wed, Jul 23
Is Musk’s Political Risk Now Priced In? SpaceX Discloses It for the First Time in Investor Documents
TradingKey - In a move highlighting growing scrutiny over Elon Musk’s political activities, SpaceX has, for the first time, included a formal risk disclosure related to Musk’s potential return to government roles — according to a Bloomberg exclusive report.
Tue, Jul 22
UBS Report: Weak Summer iPhone Demand — iPhone 17 May Not Prevent EPS Trend Lower in 2026
TradingKey - Ahead of Apple’s 3Q25 earnings release next Thursday, UBS has issued a warning: June iPhone demand collapsed, iPhone 17 order expectations are weak, and Apple’s earnings per share (EPS) could trend lower in fiscal 2026.
Tue, Jul 22
Trump’s “Third Tactic” to Pressure Powell on Rate Cuts? Trump Is Considering Removing Capital Gains Tax on Home Sales
TradingKey - On Tuesday, July 22, President Donald Trump said at the White House that his administration is considering eliminating the capital gains tax on home sales to boost the struggling U.S. housing market. Trump’s comments may be a strategic move — not to reform tax policy, but to amplify
Tue, Jul 22
Weak Dollar, Strong Earnings: FX Tailwinds Fuel Q2 Results — Coca-Cola Among Winners
TradingKey - As more U.S. companies release their Q2 2025 earnings, a clear trend is emerging: the weaker U.S. dollar is helping to offset the negative impact of Trump’s tariffs on multinational corporations — creating a favorable chain reaction of currency tailwinds, stronger earnings, and rising
Tue, Jul 22
Circle Shares Plunge 9% — Wall Street’s Bear Camp Grows, Four Key Risks Come Into Focus
TradingKey - Amid concerns over its business model sustainability, rising competition from traditional financial institutions, and elevated valuations, Circle (CRCL) — the issuer of the USDC stablecoin — is facing growing scrutiny from Wall Street. Compass Point has now joined the bear camp
Tue, Jul 22
