Author: pluginever

Apple reported fiscal second-quarter earnings on Thursday that were slightly higher than Wall Street expectations, but showed overall revenue down 4%, and iPhone sales falling 10%. Apple announced that its board had authorized $110 billion in share repurchases, the largest in the company’s history, and a 22% increase over last year’s $90 billion authorization. Here’s…

Nonfarm payrolls rose by 175K in April, less than the 243K expected and a slower pace than the 315K notched in March (revised from 303K), the U.S. Department of Labor said on Friday. The unemployment rate, meanwhile, edged up to 3.9% vs. 3.8% expected and 3.8% prior. Wage pressures appear to be easing, according to the report.…

The auditor for Trump Media and the auditor’s owner were charged with “massive fraud” by the Securities and Exchange Commission for work that affected more than 1,500 SEC filings. https://www.cnbc.com/2024/05/03/trump-media-auditor-charged-by-sec-with-massive-fraud-permanently-barred-from-public-company-audits.html

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…

Hi, I can only invest from the following selection of companies. I'm going to hold long term so based on this list, which would you pick? They are free shares so I can only choose from the list (I invest my own money separately in index funds) : Apple Microsoft Alphabet Class A AMazon Nvidia…

Interesting article from Financial Times: The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution Xiaomi seems to be the jack-of-all-trades. Nowadays, it's probably easier to list what they don't produce, and it feels like their strategy is paying off well for them. Electric scooters, wearables, smartphones, electric cars, vacuum cleaners, televisions, kitchen…

I’ve been reading recently about mRNA research that is in the works that could cure peanut allergies. The whole realm of mRNA research has been so accelerated by covid and has so much potential to solve a lot of medical problems. We’re really just scratching the surface, but the sprint through covid was a huge…

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.…

To my limited understanding, the price of a stock depends on the supply/demand, high volumes with more buyers than sellers will raise the price due to the trade being done at a higher price than what the stock is currently valued at (the buyers seeing the stock as worth more than what the stock is…

If company A's revenue heavily relied upon contracts with company B to distribute company B's product. Would it be illegal to take a short position in company A, buy company B and change distributors, causing company A's stock price fall upon announcement of the news. I'm not sure if this would be considered insider trading…