On the newest episode of Compounded, we discuss meme stock AMTD Digital. At one point this week, the stock was up more than 20,000% from its IPO price on 15 July. The eye-watering gain makes AMTD bigger than companies like Goldman Sachs and Alibaba.
We also talk Apple Car rumours and how CarPlay could be Apple’s Trojan horse into the automotive industry. Lastly, did TikTok help Starbucks achieve better-than-expected earnings?
Let’s get you up to speed.
Compounded is released every week on all audio streaming platforms.
Host: Lavinia Tan
Episode guest: Jason Ang
Producer: Eliezer Toh
Disclaimer: Since this podcast episode deals with markets, companies, and investing, please note that nothing that is discussed can or should be viewed as financial advice. Any and all opinions expressed in the discussion are solely the personal opinions of the presenters, and must not be relied upon as the basis for financial decisions. Nothing in this podcast is meant to market any specific investment, or offer or recommend the purchase or sale of any specific security. All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. This podcast, or advertisement, has not been reviewed by the Monetary Authority of Singapore.