Author: pluginever

Looks like some hopeful news for RIVN bag holders like me. From the article: “Shares jumped as much as about 6% and were still higher by 2.4% as of 12:35 p.m. ET. In early March Rivian announced it would adjust its expansion plans that included constructing a new multibillion-dollar plant in Georgia. That new facility…

Largest insider buying or any biotech out there. First ever til therapy approval and has earnings this week May 9th and presents major data at ASCO end of the month. This is a game changer for solid tumor cancers. Excited to see them offer great guidance. Wayne Rothbaum largest position one of the greatest biotech…

I'm a noob so bear with me. I once heard that a good practical use for Price to Earnings is to consider it as an amount of money you need to invest inorder to get a dollar back on a stock. Does this really check out? In terms of an actual strategy then wouldn't it…

The stock price of Hims & Hers Health, Inc. plummeted 8% after the company’s CEO said he and other executives were “eager” to hire anti-Israel student protesters who’ve faced disciplinary actions from their universities. The online sexual health and pharmaceutical company dropped from its opening price of $12.24 to $11.26 on Friday — just two…

I keep hearing people talk about how the S&P 500 is overvalued here at all time highs but I’m wondering how that makes sense? In the long-run, I assume overall there will be growth. Up and to the right over the long-term. Eventually, the ATH will need to be breached (as it has), but why…

Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in…

Warren Buffett said Saturday his designated successor Greg Abel will have the final say on Berkshire Hathaway’s investing decisions when the Oracle of Omaha is no longer at the helm. “I would leave the capital allocation to Greg and he understands businesses extremely well,” Buffett told an arena full of shareholders at Berkshire’s annual meeting.…

This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing…

I just read an article where a husband overheard his wife's business calls while working from home about a merger happening. He bought the stocks and then immediately sold making 1.7 million. He got caught and wife filed for divorce because she lost her job. My question is. How do people get caught for insider…

Isn't intel the only one planning to build a TSMC and Samsung like chip factory in the USA and Europe or did I get something wrong? Dosslen't that also give them a lot of good points with the goverment? Also Nvidia leaving the gaming market when becoming an AI company dosen't that mean Intels new…