Author: pluginever
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CPI headline inflation comes in slightly lower than expected; core CPI inline
April Consumer Price Index increased 0.3% from March, coming in a tick lower than the +0.4% consensus and easing from the +0.4% pace in the first three months of the year. Combined, shelter and gasoline prices, contributed more than 70% to the monthly increase in the headline number. The energy index increased 1.1% from March, while the food…
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These are the stocks on my watchlist (5/16)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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Robinhood vs Coinbase Fees ($HOOD, $COIN)
Based on Q1 2024 data, Coinbase charges significantly higher fees to retail consumers relative to Robinhood Q1 2024 Results Metric Coinbase Robinhood Consumer Trading Volume $56B $36B Revenue $935M $126M Fees per $1,000 in Volume $16.70 $3.50 My questions are: 1. Do you think consumers know this? 2. If so, why hasn't more volume shifted…
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How will “higher for longer” inflation and interest rates effect sectors like Finance and Industrials?
If you believe that inflation will remain sticky and interest rates are getting at most 1-2 cuts in the next twelve to twenty-four months, how do you see that effecting sectors like industrials and financials? I have modest investments in vanguard ETFs in those sectors (VIS & VFH) and wonder if now is the time…
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Tesla Board Rallies Retail Investors to Vote for Musk’s $56 Billion Pay Package
(Bloomberg) — Tesla Inc. is looking to woo its unusually large base of retail investors to get approval for Chief Executive Officer Elon Musk’s $56 billion pay package. To help lead that drive, the company's board has hired a strategic adviser, according to a person familiar with the matter. To bolster the campaign, the adviser…
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SEA Limited $SE 2024 Q1 Earnings: Key Takeaways and Analysis
SEA Limited (NYSE: SE) has recently announced its Q1 2024 earnings, presenting a mixed bag of significant revenue growth but also noticeable profitability challenges. Below is an in-depth analysis of the key highlights from the earnings call. Revenue Growth Total GAAP Revenue: SEA Limited reported a robust total GAAP revenue of $3.7 billion, marking a…
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The US Home Insurance market might be in some serious trouble.
https://www.nytimes.com/2024/05/15/podcasts/the-daily/climate-insurance.html Was listening to an episode this morning of The Daily and it discusses the increasing impact of climate change on the insurance industry. They talk about how climate change-induced natural disasters, such as wildfires, hurricanes, and floods, are causing insurance companies to reassess their risk models and coverage policies. As these events become more…
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Netflix ad-supported tier has 40 million subscribers
Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the 23 million figure the streaming giant shared in January. Separately, Netflix announced it would launch its own advertising platform and no longer partner with Microsoft for that technology. The tech giant will remain a programmatic…
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Disney, Fox and WBD Unveil Name of Sports-Streaming Venture: Venu Sports
The joint venture of Disney/ESPN, Fox Corp. and Warner Bros. Discovery to package together a sports streaming bundle has a name — Venu Sports. “We are excited to officially introduce Venu Sports, a brand that we feel captures the spirit of an all-new streaming home where sports fans outside of the traditional pay TV ecosystem…
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Buffett’s Berkshire reveals insurer Chubb as confidential stock it’s been buying
Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion. The property and casualty insurer became Berkshire’s ninth biggest holding at the end of March. Berkshire has been buying a…