Sunday, December 5, 2021
Wall Street has been very excited lately about an old darling, Netflix (NFLX), thanks to its very successful series, Squid Game. Approximately 142 million member-households watched the show in just the first four weeks of its release. That news drove the stock to an all-time high at just above $700 a share, rising about 23% […]
Roundhill Ball Metaverse ETF (META) has doubled its net asset value from $130 million to $260 million since Facebook (FB) changed its name to Meta Platforms two weeks ago. Volumes have also soared on the ETF. It may have been a serendipitous case of being in the right place at the right time for the […]
Many technology stocks share a similar fate: they are at the mercy of unrealistically high expectations from Wall Street. If they don’t meet these “pie-in-the-sky” expectations, their stock is savaged. We saw a perfect example of this recently with Twilio (TWLO). This company provides tools to firms, such as Uber, that want to integrate their […]
There is no doubt that social networks have completely changed our society. A few generations ago, young people wanted to become teachers, doctors, policemen, or some other type of professional. But no longer: a 2019 survey conducted by Morning Consult showed that more than half of the 2,000 Gen Z and millennials surveyed want to […]
When investors hear the words “electric vehicles,” they most often think of Tesla (TSLA) — and rightly so: the TSLA stock price is up 635% over the past year and 485% year-to-date.It’s up about 6,600% since it came public! The TSLA stock price is up even more because the latest earnings report was stellar. As […]
There was great news this week about the novel coronavirus vaccine being developed by Pfizer (PFE) and Germany’s BioNTech (BNTX). The vaccine has been found to be more than 90% effective, and, if approved, it will be the first vaccine ever that uses novel mRNA technology. These results (although early and not independently vetted) far […]
It was just last week when I told you that Intel’s deal to sell its loss-making NAND flash memory unit was the beginning of a move toward greater consolidation in the semiconductor industry. And sure enough, a few days later, another major deal was announced. This time Advanced Micro Devices (AMD) agreed to buy rival […]
On October 20, the struggling chipmaker Intel (INTC) announced it would sell its money-losing NAND flash memory business to South Korea’s SK Hynix for $9 billion. This appears to be the start of a move toward greater consolidation in the semiconductor industry. More on that later. First, let’s look at what it means for Intel. […]
In his inauguration speech on January 20, 1961, President John F. Kennedy famously encouraged Americans to: “Ask not what your country can do for you—ask what you can do for your country.” I’m paraphrasing JFK’s line to explain to you the right way to look at the Wall Street buzz surrounding Apple (AAPL) and 5G: […]
We have less than three weeks to go before the Presidential election. So it’s time to start thinking about what effects, if any, it will have on the investment climate. No matter who wins, there is little reason for economic optimism over the short term. The lack of a coordinated Federal response to the coronavirus […]
