1059 days ago
1059 days ago
Tech holding companies look like... monopolies
While price remains low for users, everything else about the business structure looks like what a monopoly looks like--massive market share, highly differentiated product, and barriers to entry (except via M&A for the little guys).
1059 days ago
Tesla makes negative net income without its Bitcoin and Tax credits
''Instead of just making and selling cars — which is not very popular on the Internet just yet — Tesla could be a regulatory credits and crypto currency trading business. A more traditional CEO might not think about electric cars as a portfolio of (1) the vehicle and its consumer use, and (2) a liquid government-supported financial derivative. They would not be thinking of their treasury, funded by public equity investors turned social media meme lords, as a Bitcoin buy/sell operation. They would be afraid of these sentiment driven assets. But for Musk these are natural allies, as the operating business is merely a key that opens the lock for opportunities adjacent to a futuristic vision of the future. His social media nativeness, combined with a broad and uncorrelated view of the world, generates serendipity.''- Lex
1059 days ago
China tech stock index now down 30% form high - Crash coming or BTD?
The worldwide slump in technology stocks deepened on Tuesday, with fresh signs of regulatory scrutiny in China adding to investor angst over inflation and stretched valuations.
The Hang Seng Tech Index sank as much as 4.5%, extending its tumble from a February high to about 30%.
1059 days ago
Chinese tech stocks are seen tumbling as tech rotation materializes
Is this the moment to get out of tech growth stocks? We are seeing an increasing number of large markets puking tech stocks whether in China, or in the United States. Now concern is mounting that commodity-fueled inflation will prompt central banks to tighten monetary policy, denting the appeal of stocks whose valuations often hinge on earnings prospects far into the future.
