Author: pluginever

Not a blind Elon hating post, I promise. Elon now has made several commitments that he's failed to deliver on. The robotaxi reveal on 8/8 not happening should not have come as a surprise to anyone that pays attention to current FSD performance and capabilities. Even to me, a totally naive investor, Elon's commitments aren't…

Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity. Here’s what the company reported: Earnings: $1.52 a share vs. $1.39 a share LSEG estimate Revenue: $20.13 billion vs. $20.07 billion estimate The bank said net income jumped 10% from a year earlier to $3.22…

I also have heard that election years tend to bring out more of a bull market. I’m just curious to see if anyone looking at market trends can speak to what you expect in the coming years. Will we see a long bull session?

https://finance.yahoo.com/news/tesla-plans-delay-robotaxi-unveiling-154306852.html Tesla Inc. is delaying its planned robotaxi unveiling to October, from August, to allow teams working on the project more time to build additional vehicle prototypes, according to people familiar with the decision. Chief Executive Officer Elon Musk set the Aug. 8 date for the event months ago, and optimism about the impending event…

With yesterday's CPI coming in soft, as expected, and bolstering the rate cut narrative, I'm wondering why PPI coming in hot today wouldn't dampen yesterday's sentiment? It's instead seemed bolster sentiment. Lately, soft and lower than expected readings have been good news for markets, so one would logically anticipate the opposite, hotter readings, to do…

https://www.cnbc.com/2024/07/12/wholesale-prices-rose-0point2percent-in-june-slightly-hotter-than-expected.html A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will feel comfortable cutting interest rates. The producer price index rose 0.2% last month, the Labor Department’s Bureau of Labor Statistics reported on Friday. Economists surveyed by Dow Jones were expecting a 0.1% increase for…

Let’s say I split $10,000 to a portfolio of stocks and ETF like so: Stocks: $5000 to picked stocks ETF (10-15yrs): $5000 to etfs 80% VTI, 20% QQQM. With DCA 1 VTI per month and every 4 month 1 QQQM. How can I pay myself with stocks? If I bought 10 APPL, and it gained…

As the title states — a few years ago I received a giant chunk (~$250k worth) of JNJ from a family member who worked for them. My parents basically have been telling me it's a good stock and I shouldn't touch it, but, honestly, they're boomers and have never had to really operate in today's…

Reposted to comply with mods: TLDR: Great uncle gave me Berkshire Hathaway B stocks when I was a kid, they’ve split since then and I now have 150 shares (about $62,000 currently) worth of b shares. How do I recover them, as he (a hermit to say the least) put my name on the stocks…

Apparently there's a class action lawsuit against ABR, which is spooking investors at the moment. It's down 17ish% today. What does this mean for people who are holding positions? First time going through this. TYIA