Hey investors, how do you see it now with companies like $VALE-2.4% and $RIO-0.9%? I see that both are losing a few percent over the last month, but I can't quite track down the reasons why. I'm more interested though, what do you think of the current valuation?
Intel $INTC+0.7% will invest $1.2 billion in Costa Rica over the next two years, the company said. The announcement comes after the U.S. State Department said in July that it would work with the Costa Rican government to support Costa Rica's semiconductor sector through the Chip and Science Act through 2022.
Intel
INTCI don't know if it's the right thing to do, but at least it's an attempt. Disney is trying to reverse the number of declining subscribers in India by offering free cricket on mobile phones.
Disney
DISHappy Apple $AAPL-0.1% dividend day everyone. It probably won't be a dividend day for me, but if I look at Warren Buffett, he's going to get almost $220 million today 😀
Apple
AAPL13F 👉 Michael Burry shorts again! His $1.6 billion bet on a market decline is out.
- He bought put options on $SPY-0.9% worth $890 million.
- He bought put options on $QQ worth $740 million.
This now makes up 93% of his entire portfolio.
Opinions? 👀
Overwhelmingly pleased with Amazon's $AMZN-2.4% results. We're seeing growth in revenue (+11% yoy), earnings, earnings per share, the AWS segment (+12% yoy and that's not even properly reflecting the AI bet) and the advertising business is up 22%. Good old Amazon is back 🔥 In the aftermarket the stock jumped almost +9%.
Plus, Amazon said it expects its Q3 sales to grow 9% to 13%… read more
I guess having almost 50% of the portfolio in Apple $AAPL-0.1% (like W. Buffett) actually makes sense. If we have a chance to follow the company, let's see how far it's come in the last 10, 15 years. It's a very complex and diverse company, and their "new" savings account?
Apple
AAPLIntel's great $INTC+0.7% results drive the stock up less than 8% 🚀
So is good old Intel slowly making a comeback? Anyone here holding $INTC+0.7% stock?
Google's $GOOGL-2.0% revenue for Q2 since 2007 👇
Alphabet Inc.
GOOGLI'll turn on Twitter and look who's back from the dead 😂
Robert Kiyosaki: The Great Fall is on the horizon. Fake money - so-called fiat currencies - will be the first to disappear. The BRICS meeting in South Africa on August 22 will put the nail in the coffin of fiat currencies... the fake money ones. Get some real gold, silver and Bitcoin $BTCUSD+0.1% fast. Take care of… read more
Finally! A US court has ruled that Microsoft $MSFT-3.8% can go ahead with its planned $69 billion acquisition of video game maker Activision Blizzard $ATVI+0.1%.
Activision Blizzard
ATVIShort positions in U.S. markets rose this month to their highest level since April 2022 as investors bet that the current rise in stocks will soon stop. The data was released Friday by S3 Partners.
S&P 500
^GSPCSo I'm relieved, Dieselgate 2.0. is not happening.
U.S. District Judge Charles Breyer ruled that Salt Lake County, Utah and Hillsborough County, Florida cannot prove that Volkswagen $VWA.BR+0.4% violated their regulations against tampering with vehicle emission control systems.
Volkswagen AG
VWA.BRI recently saw a thread here on investing and India.
Shares of Indian conglomerate Adani Group plummeted on Friday as the company faces regulatory scrutiny in the US over the Hindenburg report.
As a result, Adani Group fell again by almost 9%. I don't know about you, but investing in this environment? Uncertainty, illegality, fraud, politicians throwing business to the rich as… read more
Intel Corp $INTC+0.7% said its manufacturing division will operate as a separate unit and start generating margin!
But the company did not announce a new external customer for this business as part of its foundry services (foundry = a manufacturing facility that makes chips for other companies), a key part of Intel's turnaround plans in which it will offer its manufacturing… read more
So that price is fine for me to buy. The stock has been dropping quite a bit lately, so why not. But there's just a lot of questions and why it's falling and whether the upside potential is there.