Oh No! The Penalties Of My Personal Actions…
Ah, Sunday, Sunday — so nice to me!
Time to sit down down and chow down on the Sunday simmer-down. How does it really feel, Nice Ones?
To be by myself? With no path house?
Umm … no. How does it really feel to be by the most important, biggest, most jam-packed week in earnings season? I imply, how typically will we get to cowl just about each Massive Tech title in a single week?!
The remainder of the market’s nonetheless digesting final week’s stories, and subsequent week’s earnings lineup is a veritable feast in its personal proper…
Huh, in order that’s why I’m so bloated this morning.
Welp, get that feed bag again on, Nice Ones — we ain’t out of the Massive Tech woods simply but!
There are a number of unfastened ends to tie up … a number of leftovers on the earnings plate to clear … earlier than we get a soar on a complete new week of company reporting.
Proper off the bat, did you see that ludicrous show the opposite evening?!
The very second Amazon.com (Nasdaq: AMZN) entered the earnings confessional, you could possibly hear the DINGs within the distance as 1,000,000 Robinhood accounts cried out in terror: “Amazon is down 8% after hours. Nope, now 9%. 10%!”
You get the gist. You have got my condolences, AMZN merchants … however you have been warned.
You have been warned a number of occasions all through the week, truly. Final Saturday’s Nice Stuff predicted that Amazon might need its first quarterly loss since 2015, ought to the losses of Rivian’s rip tide come a-calling. And oh, it did.
Like Ford (NYSE: F) earlier than it, Amazon’s funding in Rivian dragged on the corporate’s in any other case “meh” earnings, sinking the inventory … just about as Nice Stuff anticipated.
In order that’s one fortune cookie prediction come true … what else ya acquired?
Nicely, did you are expecting that we’d nonetheless be speaking concerning the Twitter (NYSE: TWTR) takeover two three weeks later? Shock: There’s extra.
Earlier this week, Nice Stuff identified that point when Tesla’s (Nasdaq: TSLA) administration warned: “If Elon Musk have been compelled to promote shares of our frequent inventory that he has pledged to safe sure private mortgage obligations, such gross sales might trigger our inventory worth to say no.”
With TSLA inventory plummeting over 15% within the wake of the Twitter buyout, this distant early warning was all however confirmed. And we solely needed to wait till Friday for official filings to come back out: Elon’s TSLA sell-a-thon is on, with the Tesla CEO promoting about $8.4 billion in TSLA inventory this week alone.
Wonderful work from Mr. Musk, as regular.
Now that simply wraps it up and — oh, wait a second. Who’s this latecomer to the social gathering right here?
Ah, that figures: Unfashionably late as all the time, Intel (Nasdaq: INTC) determined it wanted a while within the tech roundup highlight too. One among today, I’ll be an actual chipmaker, simply you watch!
To shut out the week’s earnings with each a bang and a whimper — don’t suppose an excessive amount of into that — Intel reported declining income and earnings that one way or the other nonetheless limped previous analysts’ estimates.
The opposite different dangerous information? Outlook was blended at finest, and Intel predicts the chip scarcity will final till 2024.
On the intense aspect, information heart gross sales have been up 22%, and when you’ve been following the duel of the info heart fates between Intel, Nvidia (Nasdaq: NVDA) and AMD (Nasdaq: AMD) … you understand how vital it’s for Intel to begin enjoying ketchup and acquire again market share right here.
You additionally may bear in mind Nice Stuff lamenting Intel’s slipping information heart dominance final summer season — that’s what occurs while you’re busy specializing in redefining nanometers as an alternative of, you recognize, ramping up your manufacturing capability like the large boys, Nvidia and AMD.
Whereas it’s good to see Intel have some confidence in subsequent quarter’s information heart gross sales (Let’s face it: Any confidence from Intel is a shocker in itself), Intel’s in hassle if it thinks this paltry report can stand as much as the beat-and-raise outcomes that AMD’s been dropping.
Additionally … referred to as it.
Don’t break your arm patting your again now, Nice Stuff. In the event you’re within the temper to prophesize, gimme one thing new!
We’re getting ready to an existential growth that might be mankind’s greatest invention. Obtained your consideration now?
Proper now, tech leaders are dashing to roll out their very own variations of this new know-how. As a result of they know that whoever brings their radical new innovations to the market the quickest can have a first-mover benefit within the highest-growth trade of the twenty first century.
And proper now, there’s a little-known inventory on the heart of all of the motion.
Ace Of Coinbase
Cathie Wooden’s ARKK might have some holes in its hull, however with crypto making a comeback, ARKK’s fifth-biggest holding is buying and selling at a sexy low cost…
You, Me & EV Affordability?
One tiny inventory is vital to the upcoming electrical car growth — and Ian King says now’s the time to get in.
Massive Mac’s Massive Burrito Mistake
Today, the mere point out of Chipotle is sufficient to give McDonald’s execs heartburn. However buyers who held these candy spinoff shares? Nicely, that’s a distinct story…
Synthetic Intelligence — Actual Earnings
These tech titans imagine AI will change into the most important breakthrough in all of human existence — much more so than the web!
Tenacious MSFT & The Tech Inventory Of Future
Be you angel buyers? Nay, we’re however Nice Ones! Microsoft just isn’t the best inventory on this planet. No! It’s only a tribute!
Get pleasure from the remainder of your weekend, Nice Ones! We’ll be again with you tomorrow to … nicely … do it once more.
Within the meantime, write to us every time the market muse calls to you! GreatStuffToday@BanyanHill.com is the place you possibly can attain us finest.
You can even take a look at our again pages right here:
Till subsequent time, keep Nice!
