Author: pluginever
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LULU – who’s catching the falling knife?
Edit: Lulu isn't really a thing here in my country of residence (somewhere in Europe) I must admit, I'm tempted. Their balance sheet looks strong in my opinion, increasing revenue and net income. Increasing free cash flow, more cash than debt, strong ROIC numbers over the years. I'll argue that it's a long term hold.…
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Is Jim Cramer a scam artist?
Been listening to Cramer for a few weeks now. He reminds me a lot of Motley Fool. They own stocks and recommend those stocks and talk up those stocks. I wonder if Cramer does the same? I noticed Cramer says “His foundation has positions” (Not him personally? Why the diff?) I guess he sells membership…
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E.l.f. Beauty defies slowdown that Ulta warned about, posts first $1B year
E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday, growing sales by 77% and further disputing warnings from Ulta that retail’s most resilient category is losing steam. The eyes, lip, face company, known for its viral marketing and prowess in winning over younger consumers, blew past Wall Street’s estimates on the top and bottom…
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Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans. The Seattle-based tech and retail giant will launch a more conversational version of Alexa later this year, potentially positioning it…
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Target’s earnings miss, sales fall as consumers buy fewer groceries and home goods
Target on Wednesday posted a year-over-year sales decline and missed Wall Street’s earnings estimates, as consumers fatigued from high prices bought both fewer discretionary items and groceries. The Minneapolis-based discounter’s revenue was about in line with expectations. On a call with reporters, CEO Brian Cornell said the company’s results reflect “continued soft trends in discretionary…
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IBRX – Anktiva catalyst coming mid June
I will begin by saying none of this is financial advice. I eat my toenails. (10) 6/21 CALL 7.5 strike (5) 8/15 CALL 7.5 strike My total investment on above referenced options currently a little over $2500. IMO this is both a short term and a long term play. Time frames are 3 weeks to…
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Could Intel’s stock go up if China invades Taiwan?
I was just wondering that could affect the stock market, considering that TSMC produces a LOT of the worldwide chips, and also considering that Intel wants to leverage that chip production and become that kind of worldwide chip manufacturer, with the invasion becoming a reality or not. Do you think that intel stock is going…
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Goldman Sachs CEO David Solomon: See zero Fed cuts in 2024
CEO sees zero cut, while junior worker predicting a cut in July at Goldman https://www.forexlive.com/news/goldman-sachs-ceo-david-solomon-see-zero-fed-cuts-in-2024-20240522/ Waller's remarks raise risk of a later first cut by Fed: Goldman Sachs May 22, 2024 5:07 AM EDT Goldman Sachs said that the first interest rate cut may come later than the bank’s forecast of July, citing the latest comments…
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Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts
Pfizer on Wednesday said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business. The announcement is in addition to another $4 billion cost-cutting effort, which Pfizer announced last year as demand for its Covid vaccine and oral drug Paxlovid slumped. In…
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Qualcomm vs AMD vs Intel (Laptops running Windows OS)
So, Microsoft just released their first laptop running Windows on an ARM-based microprocessor developed by Qualcomm. What do you think AMD and Intel will do about that? Will they continue with the x86 architecture or move to ARM-based chips as well? Will we witness a change in laptop suppliers, and in five years, will all…