Author: pluginever

  • Costco GAAP EPS of $3.78 beats by $0.10, revenue of $58.52B beats by $520M

    Costco (NASDAQ:COST) : Q3 GAAP EPS of $3.78 beats by $0.10. Revenue of $58.52B (+9.1% Y/Y) beats by $520M. Net sales were positively impacted by approximately 0.5 to 1.0 percent for the quarter from the shift of the fiscal calendar, as a result of the fifty-third week last year. Adjusted Comparable sales: U.S. 6.0%; Canada 7.4%; Other International…

  • SEC bad actor law and DJT

    Trump just got convicted on 34 counts and here it say that bad actors can't control more than 20% of a publicly traded company https://www.sec.gov/info/smallbus/secg/bad-actor-small-entity-compliance-guide AS trump owns around 60% what will become of DJT will he be forced to sell can he be forced to sell with a lock up currently in place from…

  • MongoDB plummets 25% after outlook misses expectations

    MongoDB (NASDAQ:MDB): Q1 Non-GAAP EPS of $0.51 beats by $0.14. Revenue of $450.56M (+22.3% Y/Y) beats by $10.65M. Continued Strong Customer Growth with Over 49,200 Customers as of April 30, 2024 MongoDB Atlas Revenue up 32% Year-over-Year; 70% of Total Q1 Revenue. Q2 Outlook: Revenue $460.0 million to $464.0 million vs. consensus of $471.54M; Non-GAAP Income from Operations $35.0 million…

  • Fed’s favored inflation gauge, core PCE, rises 0.2% M/M in April, in line with consensus

    April Core PCE Price Index: +0.2% M/M vs. +0.2% consensus and +0.3% in March. +2.8% Y/Y vs. +2.8% consensus and +2.8% prior. PCE Price Index: +0.3% M/M vs. +0.3% expected and +0.3% prior. +2.7% Y/Y vs. +2.7% consensus and +2.7% in March. Personal outlays: +0.2% M/M vs. +0.3% consensus and +0.8% prior. Personal income: +0.3% M/M vs.…

  • PCE data. Inflation maybe going away too slowly.

    https://www.bea.gov/news/2024/personal-income-and-outlays-april-2024 Prices From the preceding month, the PCE price index for April increased 0.3 percent (table 5). Prices for goods increased 0.2 percent, and prices for services increased 0.3 percent. Food prices decreased 0.2 percent and energy prices increased 1.2 percent. Excluding food and energy, the PCE price index increased 0.2 percent. Detailed monthly PCE…

  • Top proxy advisor ISS recommends against Elon Musk’s $56 billion Tesla pay package

    Top proxy advisor Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the re-approval of CEO Elon Musk’s $56 billion pay package and withhold their support from the re-election of News Corp. scion James Murdoch to the automaker’s board. Tesla’s shareholder meeting is on June 13. The report, a copy of which was obtained…

  • r/Stocks Daily Discussion & Fundamentals Friday May 31, 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…

  • Healthcare/Pharma ETFs

    Hi all. Looking to diversify a bit, but I prefer ETFs over single stocks. I do think the pharma industry has a lot to offer and can grow a lot in the future. I am interested in companies like LILLEY, Novo Nordisk, MRNA. Was wondering if there’s some solid ETFs to get exposure to this…

  • How did people find out about NVDA?

    i’m kind of new to investing and I’ve been browsing other subreddits. The stock NVDA keeps popping up pretty frequently. I saw a post where several people said they bought the stock for $150 or $250 and now it is well over 1K. My question is how did people find out about this stock and…

  • Diversified way to bet on China-Taiwan conflict?

    If you're currently invested in broad semiconductor ETFs, how would you prepare for a potential Chinese move on Taiwan? Would you buy individual US fabricator stocks (like INTC)? Hedge with a short position on TSMC? The supply crunch could make semiconductor prices explode in the medium term (I assume some of that risk is already…