Author: pluginever

  • Nintendo profit falls 55% as sales of its ageing Switch console plunge

    Nintendo on Friday reported revenue and profit that plunged in the company’s fiscal first quarter, as sales of the ageing Switch console decline. Here’s how Nintendo did in its fiscal first quarter ended June 30. versus LSEG estimates: Revenue: 246.6 billion Japanese yen ($1.65 billion) versus 289.61 billion yen expected. Net profit: 80.9 billion Japanese…

  • No, this is not the worst day since 2020. I don’t understand the panic.

    S&P 500 is down 2.38% as of the time I’m writing this. Those who’ve been in the market for much longer will remember that on October 7, 2022, S&P 500 dropped by 2.8% in a single day. https://apnews.com/article/business-economy-financial-markets-50b4cfb5bc0c66cb2ed75f0edc07d522# A month later, on November 10, 2022, we saw S&P 500 shoot up 5.5%. https://apnews.com/article/inflation-business-financial-markets-2783db01525cb77c7117bc8d9cc546a1 Do people…

  • Intel is now trading at the same price it was at in 1997

    To me that is so insane, 27 years and it's back to these levels. I'm not touching it, but is anyone else shocked by this? They're a big name in the industry. It really makes me want to average up my $90 average on AMD. Just goes to show for 99% of investors the S&P…

  • r/Stocks Daily Discussion & Fundamentals Friday Aug 02, 2024

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check…

  • Automobile market and future outlook

    Hey, Currently, with so many automobile companies reporting poor earnings, I was wondering what everyone's outlook on the market is. Are there any general short automobile ETFs? How long do you think it will take for stocks to recover and earnings to bounce back?

  • Drone delivery Canada (FLT) Volatus aerospace(VOL) merger

    $FLT currently has a market cap ~ 40 million with under 1 million revenue ttm $VOL has recently has a market cap of ~20 million posted revenues over 30 million ttm When these companies merge under the $FLT the combined company then in theory will have a TTM revenue of over 30 million? VOL seems…

  • PARA- Paramount

    I would love some insight into the announcement today where Apex Capital offered $35 a share for class A shares yet the stock responded by moving to $23. I assume the market doesn't have faith in Apex Capital's bid? I have had a painful position that is closing in on break even and would be…

  • DD on Comcast

    I’m interested in having a discussion about Comcast stock and why I believe it’s a high value investments. A few reasons based on their company statistics: • PE is 11 which would indicate they are undervalued. Look at this in relation to other telecom companies which have a slighlty higher PE such as AT&T, Verizon,…

  • These are the stocks on my watchlist (7/31)

    Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m…

  • Constellation CEG Bullish

    You can say what you want about solar being the future but I believe nuclear power generating stations will prevail. Some of the highlights from today’s article about PJM and their record high capacity auction price increase which makes me bullish for CEG and VST. Increased Revenue Potential The record high capacity auction price ($269.92…