Author: pluginever

So the latest earnings for LVMH and Kering came out this week and both had declining profit figures and flat to negative topline growth with 2024 H2 forecasts not looking any more rosy. China had been for the past decade the make or break market for luxury with most luxury brands seeing regular 20% +…

$LYFT won their lawsuit which allows them ti keep treating Lyft drivers as independent contractors. I would think this would be a win for the company in the eyes of stock holders also, but the stock dropped suddenly after the announcement.

I’m wondering if I should go heavy on QQQM and ignore XLK for now, or a little of both? I’m about 50% of my net worth into the market and plan to DCA while my portfolio bleeds. There’s about 30% overlap in XLK/QQQM, which is fine. I’m pretty heavy into the Nasdaq already, and my…

I was just wondering what ppl think about HIVE. Recently released news of big expansion into Paraguay but doesn’t seem to show in the market. Movement with BTC and cost of power haven’t impacted the stock the way I would guess. I’m only in a small amount but was curious to see what y’all thought.

Earnings per share $ 1.79 vs consensus EPS Estimate of $1.64 (according to IBKR). Looks like a beat. Full Report: https://s22.q4cdn.com/200744459/files/doc_financials/2024/q2/TXRH-2024-Q2-Earnings-Release-Draft-7-25-24.pdf Results for the 13 weeks ended June 25, 2024, as compared to the prior year as applicable, included the following: • Comparable restaurant sales increased 9.3% at company restaurants and increased 8.3% at domestic…

AST SpaceMobile is set to create a low-earth orbit broadband network which will work directly with unmodified smartphones with no extra equipment required. This will eliminate dead zones. Major networks and governments are on board. The stock is up 24% today with this news. Launch is scheduled for September. https://www.businesswire.com/news/home/20240725421288/en/AST-SpaceMobile-Announces-First-Five-Commercial-Satellites-Completed-Final-Assembly-and-Ready-for-Shipment-the-First-Week-of-August

The US and Asian stock markets have dropped sharply as buyers sell off their shares in tech companies. Stocks in artificial intelligence (AI) companies have been hit the hardest. Both the S&P 500 and the tech-heavy Nasdaq fell the most in one day since 2022. This happened in New York on Wednesday. It went down by 1.2% on the…

Tesla shares plummeted the most since 2020 after the electric vehicle maker reported weaker-than-expected quarterly earnings and another drop in automotive revenue. The stock closed down 12% on Wednesday at $215.99. It’s now down 13% for the year, while the Nasdaq is up 16% over that stretch. Tesla on Tuesday said auto revenue declined 7%…

Amazon Prime Video and the NBA today announced an 11-year media rights agreement, beginning with the 2025-26 NBA season. In a landmark deal, Prime Video will present exclusive global coverage for 66 regular-season NBA games, including an opening-week doubleheader, a new Black Friday NBA game, and all games from the Knockout Rounds of the Emirates…

DexCom (DXCM) reported its second-quarter financial results on Thursday, and it’s down 38% after hours. Earnings and Sales: Earnings per Share: $0.43, beating the analyst estimate of $0.39 (a 10.26% increase). Quarterly Sales: $1.004 billion, missing the $1.036 billion estimate by 3.13%. U.S. Revenue Growth: 19% International Revenue Growth: 7% Year-Over-Year Sales Increase: 15.23% Key…