I’m the ceo of Koyfin which offers free web based analytical tools for investors to research stocks and market trends
The lady doth protest too much. Williams said that the Fed should cut rates aggressively at the next meeting. If he wasn’t sending a signal, why did the Fed need to clarify this? 🤔
Netflix loses almost $20 billion in market cap after missing subscriber growth targets. The weakness was across all regions and was worse in regions with a price increase. Intensifying competition from Hulu and others is taking a toll and the onslaught will only get worse.
This is a win win. USAA has been shedding assets that aren’t core to its insurance business. And Schwab has been expanding its financial advisory business in a shift to bolster advisory and wealth management. In the same vein, Goldman Sachs acquired UCFP earlier this year for $750m
The market is big enough for multiple companies to exist. Slack dominates in the Small and medium sized businesses segment because it’s a better product than Teams. Microsoft is growing in the enterprise segment where it can use its current dominance and distribution. It’s likely that Slack will need to partner with a company that has a large enterprise focus to take on Microsoft directly on its turf.
The current environment is similar to 1998 when the fed lowered rates after the Asia financial crises and fueled a dramatic stock market rally despite slowing economic growth. It’s unlikely that the stock market will rally with the same magnitude as it did in 1998 and 1999. But the playbook should be kept in mind when people complain about higher stock prices despite muted economic growth
Companies that run private prisons are controversial to say the least. Critics have accused them of mismanaging the resources and providing poor conditions for prisoners. All while benefiting from long term government contacts. If Democrats win in the next cycle, this will be one of the keys issues addressed by the incoming administration.
The most directly exposed to this is CoreCivic (CXW) which explains the 8% dividend yield as investors are pricing a potential dividend cut next year.
The success of this InBev IPO will showcase whether the Hong Kong market can handle a large transaction of this magnitude. Alibaba will be watching closely to decide whether to list its shares in Hong Kong as management has discussed. If successful, large China tech companies like Didi will choose to list shares in their home region instead of the US.
These predictions should include net jobs created or destroyed. Just like excel didn’t replace accountants or analysts, current technology will not replace most professions. Workers will need to adapt to a changing technology landscape but that’s always been the case.
The best burger in the East Village has no meat... whats going on in this world?! Impossible is capitalizing on a trend that only beginning. And investor money is aggressively chasing the trend leading to impossibly high valuations for the few companies specializing in this space. Beyond is one of the most expensive stocks in the market. FWIW, impossible burgers (still private company) are much better than Beyond burgers. Maybe the best burger win.
Restaurants are fighting back and have more bargaining power because completion in the delivery space has intensified. Younger entrants like DoorDash and Uber Eats are undercutting more established players such as seamless. GRUB stock (owner of seamless) is down 50% since last October.
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