Author: pluginever
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‘Match Group and Bumble are tanking because they treat men badly’; Grindr CEO.
Grindr CEO George Arison criticized Tinder and Bumble for neglecting their male users, who constitute 70% of their user base, at the Fortune Brainstorm Tech conference. Despite men often paying for premium services, their experience remains frustrating, leading many to quit online dating. Connell Barrett, founder of Dating Transformation, echoed these sentiments, noting that only…
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Thoughts on Crowdstrike bottoming out
I know Crowdstrike is like catching a falling knife right now. Since last week the stock has dropped 18% to $254. Not a major sale but at a certain point the stock becomes attractive again. My main question is when is a good time to start building a small position? What are some red and…
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U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast. The personal consumption expenditures price index, a key measure for the Fed, rose 2.6% for the quarter, down from the 3.4% move in Q1. Core PCE prices were up 2.9%, down from 3.7%. However, the report also…
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Berkshire Hathaway dumps $2.3 billion worth of Bank of America shares
Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate has reduced its stake in the bank. The Omaha, Nebraska-based holding company sold another 18.9 million shares via transactions on Monday, Tuesday and Wednesday at an average price of $42.46, raising $802.5 million, a new…
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Am I the only one down 20% on stocks that I just purchased?
Last week I thought that the typical dip is just going to be another dip but turns out to be an absolute nightmare. Talking about timing, I could easily be the worst timer of all time. Is my luck just bad? Btw its semicon stocks…
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Is the tech sell off overblown? GOOG forward P/E (20) is now the same as McDonalds (20) and slightly more than a quarter of TSLA (73)
The last week or so we have been seeing hedge funds rotating out of tech and into small caps, with Russell 2000 goes from flat for the year to up over 10% whereas the Nasdaq got hammered. GOOGLE, who released earnings on Tuesday, beat top and bottom line, but the stock got crushed. There are…
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r/Stocks Daily Discussion & Options Trading Thursday – Jul 25, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options 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…
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NIO and Alibaba
Hey, I bought a long time ago some stocks from Alibaba (buy in 111) and NIO (12). I thought I would make some money from the stocks, but it has been losing value for a long time. I'm now not sure wether to hold or sell: Should I sell both now and lose money, or…
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Robinhood Investment Deposit/Withdraw?
Hey all, I am new to investing and recently deposited $1,000 into Robinhood. Keep in mind, I never invested this money yet. However, when I went to test the withdraw features, it shows that I can only withdraw around $880 as it shows that's what my account has (what it shows in the withdraw option).…
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Wheeling stocks $NDVA $GME $DJT $AVGO and option play on $PFE and thoughts on future plays.
I’m somewhat new to trading so I’m being conservative by just selling covered calls or cash puts. Total gain today (and likely for the week) was 704.82 Overall I’ve made 7851.91 since 21 June and I thought I’d start sharing what I’m doing. It’s modest gain but it’s something. $NVDA CC, 2 contracts, premium 2.11…