I am glad I got a diverse portfolio, mostly real estate, suicide hotlines are on fire...
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
I am glad I got a diverse portfolio, mostly real estate, suicide hotlines are on fire...
Where did that money go ?
The 7.6T could it be that 2020 was an unusual year in the history of the stock market and people just locking in profit. .
Any good rumors out there...
www.notebookcheck.net
www.bloomberg.com
Apple looks to acquire the start-up Canoo to bolster its e-vehicle division
Apple is a major electronics OEM also now linked to the launch of its very first Car in the next few years. Now, the Cupertino giant is said to further those ambitions through a buyout of Canoo, a start-up in the same space. It may be a saving grace for the fledgling company, although it seems...
www.notebookcheck.net
Apple Car Project Stands to Benefit From Downfall of EV Startup Canoo
Apple could take a look at struggling electric-vehicle startup Canoo to help it build up its car project. Also: Apple is preparing to switch the iPhone connector from Lightning to USB-C, Google launches a slew of new hardware, and R.I.P. to the iPod.
www.bloomberg.com
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Makes sense.. looks like all the world events are catching up with their business in the near term..
Walmart Gets Hammered by Worst Drop Since 1987 on Forecast Cut
(Bloomberg) -- Walmart Inc. tumbled the most in almost 35 years after cutting its full-year profit forecast due to inflationary pressures, especially in food and fuel.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of...
...still one of the big dogs that I DCA each month. Time to up the percentage a bit on the 1st
Wow Target is getting it
Shares of Target Corp. TGT, -22.73% plunged 21.1% toward a 14-month low in premarket trading Wednesday, after the discount retailer reported fiscal first-quarter profit that fell well short of expectations, even as sales rose above forecasts, as cost of sales jumped. Net income for the quarter to April 30 dropped to $1.01 billion, or $2.16 a share, from $2.10 billion, or $4.17 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.19 missed the FactSet consensus of $3.07. Revenue grew 4.0% to $25.17 billion, above the FactSet consensus of $24.48 billion, as same-store sales increased 3.3% to beat expectations for a 0.9% increase. Cost of sales increased 10.4% to $18.46 billion, with gross margin contracting to 26.7% from 30.9%, as a result of actions to reduce excess inventory and higher freight and transportation costs.
www.marketwatch.com
Shares of Target Corp. TGT, -22.73% plunged 21.1% toward a 14-month low in premarket trading Wednesday, after the discount retailer reported fiscal first-quarter profit that fell well short of expectations, even as sales rose above forecasts, as cost of sales jumped. Net income for the quarter to April 30 dropped to $1.01 billion, or $2.16 a share, from $2.10 billion, or $4.17 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.19 missed the FactSet consensus of $3.07. Revenue grew 4.0% to $25.17 billion, above the FactSet consensus of $24.48 billion, as same-store sales increased 3.3% to beat expectations for a 0.9% increase. Cost of sales increased 10.4% to $18.46 billion, with gross margin contracting to 26.7% from 30.9%, as a result of actions to reduce excess inventory and higher freight and transportation costs.
Target stock plunges after big profit miss, as a jump in costs hurt margins
Shares of Target Corp. undefined plunged 21.1% toward a 14-month low in premarket trading Wednesday, after the discount retailer reported fiscal...
www.marketwatch.com
DAMN!Wow Target is getting it
Shares of Target Corp. TGT, -22.73% plunged 21.1% toward a 14-month low in premarket trading Wednesday, after the discount retailer reported fiscal first-quarter profit that fell well short of expectations, even as sales rose above forecasts, as cost of sales jumped. Net income for the quarter to April 30 dropped to $1.01 billion, or $2.16 a share, from $2.10 billion, or $4.17 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.19 missed the FactSet consensus of $3.07. Revenue grew 4.0% to $25.17 billion, above the FactSet consensus of $24.48 billion, as same-store sales increased 3.3% to beat expectations for a 0.9% increase. Cost of sales increased 10.4% to $18.46 billion, with gross margin contracting to 26.7% from 30.9%, as a result of actions to reduce excess inventory and higher freight and transportation costs.
Target stock plunges after big profit miss, as a jump in costs hurt margins
Shares of Target Corp. undefined plunged 21.1% toward a 14-month low in premarket trading Wednesday, after the discount retailer reported fiscal...
Electric vehicle standing doesn't offset discrimination claims, autopilot crashes, S&P says
Tesla may be regarded by many as a revolutionary in the switch to cleaning-burning cars, but its early-to-market feat isn't enough to protect its stock listing in one of mostly widely followed environmental, social and governance (ESG) indexes.
The S&P 500 ESG Index has dropped Elon Musk's Tesla (TSLA) from the lineup, as revealed this week in its annual rebalancing.
"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens," says Margaret Dorn , senior director and head of ESG indices, North America , at S&P Dow Jones Indices , in a blog post.
Musk had his own response to the lost status, in a Twitter thread.
The news also hits amid continued scrutiny of Musk's bid for Twitter and his claim it has thwarted free speech. The pursuit has impacted both the stock of the targeted company (TWTR) and Tesla's shares, as investors mull a risk of thinning attention from Musk. Tesla trades down 31% in the year to date, but remains up 28% from it stood one year ago.
Tesla's S&P DJI ESG score has remained fairly stable year-over-year but it was pushed further down the ranks relative to its global industry group peers, S&P said.
An analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont, Calif. , factory, S&P said. A judge did reduce Tesla's payout in a related suit. Tesla's handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles also dragged on its score, S&P said.
Tesla was recently tagged by sustainable investing advocate As You Sow in a report that ranked 55 companies on their progress along the "road to zero greenhouse gas emissions."
Most major corporations tell customers and shareholders they're working toward zero emissions in the coming years and decades, doing their part to slow global warming. But the speed of progress varies. And many still rely on buying permission to pollute through carbon offsets rather than changing how they source energy, the As You Sow investing group charged. Others, even environmental groundbreaker Tesla , earned poor marks for not publicly sharing emissions data at all.
Warren Buffett's Berkshire Hathaway BRK.B earned a similar scolding for no emissions reporting plans amid the companies investment in both traditional energy and solar and other forward-looking green energy. It, too, has been cut from the S&P ESG list.
Broadly, S&P said it took a fresh look at the ESG listings using a revised list of exclusions based on a company's involvement in business activities such as small arms, military contracting and oil sands .
But the index has also maintained a posture that keeps it closely tracking, at least by industry weight, the broader S&P 500 . S&P claims it can continue this alignment while enhancing the overall sustainability profile of the index.
That means it includes ExxonMobil (XOM) in the ESG mix, as Musk also lamented. For S&P, the inclusion keeps up its energy-sector representation. Staunch environmental groups also typically take issue with such inclusion, but other energy-industry watchers say the transition to cleaner options at the well-established traditional energy firms will be most effective given their size and their investment in practices such as carbon capture.
JPMorgan Chase & Co. (JPM) also makes the ESG cut in this index. It is the largest lender to the fossil-fuel industry, while saying it has cut investment in the "dirtiest" industries and cleaning up its company-created emissions. Still, its lending, which has increased to oil and gas interests, has earned a rebuke from environmental groups.
Tesla may be regarded by many as a revolutionary in the switch to cleaning-burning cars, but its early-to-market feat isn't enough to protect its stock listing in one of mostly widely followed environmental, social and governance (ESG) indexes.
The S&P 500 ESG Index has dropped Elon Musk's Tesla (TSLA) from the lineup, as revealed this week in its annual rebalancing.
"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens," says Margaret Dorn , senior director and head of ESG indices, North America , at S&P Dow Jones Indices , in a blog post.
Musk had his own response to the lost status, in a Twitter thread.
The news also hits amid continued scrutiny of Musk's bid for Twitter and his claim it has thwarted free speech. The pursuit has impacted both the stock of the targeted company (TWTR) and Tesla's shares, as investors mull a risk of thinning attention from Musk. Tesla trades down 31% in the year to date, but remains up 28% from it stood one year ago.
Tesla's S&P DJI ESG score has remained fairly stable year-over-year but it was pushed further down the ranks relative to its global industry group peers, S&P said.
An analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont, Calif. , factory, S&P said. A judge did reduce Tesla's payout in a related suit. Tesla's handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles also dragged on its score, S&P said.
Tesla was recently tagged by sustainable investing advocate As You Sow in a report that ranked 55 companies on their progress along the "road to zero greenhouse gas emissions."
Most major corporations tell customers and shareholders they're working toward zero emissions in the coming years and decades, doing their part to slow global warming. But the speed of progress varies. And many still rely on buying permission to pollute through carbon offsets rather than changing how they source energy, the As You Sow investing group charged. Others, even environmental groundbreaker Tesla , earned poor marks for not publicly sharing emissions data at all.
Warren Buffett's Berkshire Hathaway BRK.B earned a similar scolding for no emissions reporting plans amid the companies investment in both traditional energy and solar and other forward-looking green energy. It, too, has been cut from the S&P ESG list.
Broadly, S&P said it took a fresh look at the ESG listings using a revised list of exclusions based on a company's involvement in business activities such as small arms, military contracting and oil sands .
But the index has also maintained a posture that keeps it closely tracking, at least by industry weight, the broader S&P 500 . S&P claims it can continue this alignment while enhancing the overall sustainability profile of the index.
That means it includes ExxonMobil (XOM) in the ESG mix, as Musk also lamented. For S&P, the inclusion keeps up its energy-sector representation. Staunch environmental groups also typically take issue with such inclusion, but other energy-industry watchers say the transition to cleaner options at the well-established traditional energy firms will be most effective given their size and their investment in practices such as carbon capture.
JPMorgan Chase & Co. (JPM) also makes the ESG cut in this index. It is the largest lender to the fossil-fuel industry, while saying it has cut investment in the "dirtiest" industries and cleaning up its company-created emissions. Still, its lending, which has increased to oil and gas interests, has earned a rebuke from environmental groups.
I guess this isn't really too big a deal.
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S&P 500 drops 4%, Dow sheds 1,165 points, or 3.6%
Dow tumbles in worst trading day since mid-2020
Stocks fall sharply as woes renew inflation fears
Stocks plunge as economic fears intensify
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S&P 500 drops 4%, Dow sheds 1,165 points, or 3.6%
Dow tumbles in worst trading day since mid-2020
Stocks fall sharply as woes renew inflation fears
Stocks plunge as economic fears intensify
its more to come, but the upside is that, there will be alot of chances to make alot of money if you miss the pandemic dip.
Netflix customers canceling service increasingly includes long-term subscribers - 9to5Mac
New research highlights that the number of Netflix long-standing subscribers canceling the streaming service rose in the past few years.
9to5mac.com
Netflix customers canceling service increasingly includes long-term subscribers - 9to5Mac
New research highlights that the number of Netflix long-standing subscribers canceling the streaming service rose in the past few years.
Interesting...
That Canoo shit looks terrible. Smart to buy em for the team because who would drive the damn thing other than food delivery drivers. I see Canoo hitting rockAny good rumors out there...
Apple looks to acquire the start-up Canoo to bolster its e-vehicle division
Apple is a major electronics OEM also now linked to the launch of its very first Car in the next few years. Now, the Cupertino giant is said to further those ambitions through a buyout of Canoo, a start-up in the same space. It may be a saving grace for the fledgling company, although it seems...
Apple Car Project Stands to Benefit From Downfall of EV Startup Canoo
Apple could take a look at struggling electric-vehicle startup Canoo to help it build up its car project. Also: Apple is preparing to switch the iPhone connector from Lightning to USB-C, Google launches a slew of new hardware, and R.I.P. to the iPod.
Bottom soon and worthless until the day Apple actually pulls the trigger and buys it.
I like it and would buy one.
yeah, but one of the major reasons tesla is where it is now
is because of the cult around elon
all those fintwit nerds buy tesla cause they worship his nuts
When you started this thread years back did you expect it to blow up as big as it did?
The Big Story - Seekr
An in-depth podcast on the issues, culture, and personalities shaping Canada today. Insightful discussions on current national topics.
Yeah dude from E&L was talking about how Uber hasn’t been profitable. I wonder how long can they sustain this business model? It can’t go away or can it? Feel like too many people depend on it.The Big Story - Seekr
An in-depth podcast on the issues, culture, and personalities shaping Canada today. Insightful discussions on current national topics.thebigstorypodcast.ca
Uber wants to show you the money
“Ridesharing has been around for awhile, why isn’t anyone else profitable?”
oversharing.substack.com
No more free rides
The gig economy's pivot to profitability will come at a cost to consumers
oversharing.substack.com
Does food delivery compete with dining out?
DoorDash CEO Tony Xu thinks not
oversharing.substack.com
Oversharing | Ali Griswold | Substack
More than you wanted to know about the sharing economy. Click to read Oversharing, by Ali Griswold, a Substack publication with tens of thousands of subscribers.
oversharing.substack.com
Agreed. It has become so familiar and commonplace over the years ... you wonder what things will look like (for them) 1, 3, 5 years from now ...
Not sure who the CEO or the members of the board, but sounds like a change needs to occur
This was a bloody week next week could be worse. Buying at the dip right now is a very big gamble right with no bottom currently in sight. Word of advice don’t play with money you can’t afford to lose, some Cac’s whole life savings have disappeared in the last two weeks.