1176 days ago
Affirm stock skyrockets post IPO
You can read about Affirm here ; the payment company who showed a great leap in price performance on public markets as the stock's value jumped from $50 to $97 earlier yesterday.
1176 days ago
You can read about Affirm here ; the payment company who showed a great leap in price performance on public markets as the stock's value jumped from $50 to $97 earlier yesterday.
1176 days ago
After two years at the helm, news broke yesterday that Bob Swan will be stepping down from his position of CEO of Intel (INTC). He will be replaced by VMware (VMW) CEO Pat Gelsinger on February 15th. While INTC has been a significant underperformer over the past year—it is the only semiconductor stock in the S&P 500 that is lower than it was one year ago—the immediate response from the market to the news has been overwhelmingly positive as the stock gained 7% which would be its best day since March of last year around the time of the bear market lows. Will Intel close the performance gap with other semiconductors? - source: Bespoke
1176 days ago
GS: "Our 12-month price target of $780 is based on 15X Q5-Q8 EV/revenue". Also GS continuing on the press reports after close: "The fact that NHTSA has been investigating this has been previously discussed in media reports in June 2020 and stated to be a problem with the eMMC memory. Tesla had already been offering an extended warranty, and switched to a new product in 2018 that doesn't have the same issue. The financial impact will depend on the price of repairs and final number of units that are fixed, and if there is any change to Tesla's warranty accrual. Investigation into reports of unintended acceleration concludes issue is from driver error"
1176 days ago
After weeks of confusion whether US investors would be barred from investing in Chinese gigacaps, moments ago the WSJ reported that the U.S. government - under Joe Biden - is expected to let Americans continue to invest in Chinese tech giants Alibaba, Tencent and Baidu "after weighing the firms’ alleged ties to China’s military against the potential economic impact of banning them." - source: www.zerohedge.com
1177 days ago
Question: In 2021, global equity returns in $ will be? - source: The Market Ear
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