Author: pluginever
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Negative SEC 30-Day Yield?
If an ETF has a negative SEC 30-day yield, does that mean I'm expected to lose money over time by parking my money there? Like for example, if it says -1% SEC 30-day yield and I have $100 in it. Does that mean after 30 days, I'll be expected to have $99, then the next…
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Walmart seeks to raise up to $3.74 billion in sale of JD.com stake, term sheet shows
(Reuters) – U.S. retailer Walmart (NYSE:WMT) is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD (NASDAQ:JD).com, according to a term sheet seen by Reuters on Wednesday. Walmart is offering 144.5 million American depositary shares in the price range of $24.85 to $25.85, the term sheet shows, and…
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JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Shares of Chinese e-commerce giant JD.com plunged 10% on Wednesday in Hong Kong after U.S. retailer Walmart confirmed it will sell its stake in the Chinese firm. Walmart told CNBC the decision to sell its stake will allow the company to “focus on our strong China operations for Walmart China and Sam’s Club, and deploy…
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Alphabet share buyback & investing cash flow
Alphabet has the best 'value' benchmark among the Magnificent 7 from earning multiple perspective. Accordingly to past financial reports since '22, Alphabet has been dedicating almost 100% of its free cash flow in share buyback. The number is huge considering that its net income in '22 is $60B, $73.8B for '23, and trailing 4 quarters…
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Cathie Wood’s ARKK Investors Missed the Big Gains and Ate Huge Losses, New Data Show
You're always Wall Street's darling when you take risk and win. I've seen it time and time again. Top money managers have a good year or two, get huge inflows of capital and then significantly underperform markets. Slow and steady wins the race. It's good to have luck.
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These are the stocks on my watchlist (8/21)
Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m…
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Macy’s cuts sales forecast as department stores struggle to draw shoppers
Macy’s cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions. The retailer posted a mixed quarter, as it topped Wall Street’s earnings expectations but missed on revenue. Macy’s said it now anticipates net sales of between $22.1 billion and $22.4 billion, which is…
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Target beats on earnings and revenue, but gives cautious sales outlook for the year
Target said Wednesday that sales grew about 3% in its fiscal second quarter, a return to growth after a prolonged stretch of sluggish sales and squeezed profits. The discounter beat Wall Street’s earnings and revenue expectations, as shoppers made more visits to Target’s stores and website and bought more discretionary items like clothing. Even so,…
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Out of curiosity: why is CostCo so expensive?
P/E 2025 CostCo: 49x P/E 2025 NVidia: 49x I know it's not the same industry, and so on. But why is CostCo so expensive? The only thing that can rationnaly justify a high P/E is high growth. There's no way CostCo get the sheer organic growth of NVidia in the future. I'm no stock picker,…
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Best shorts if consumer cools rapidly
Looking to pick apart some of the biggest loser companies – typically, in my experience, money leaves the lame firms first and when there is bullish sentiment at the top of the losers sink even more. Given the consistent drum beat that the consumer is slowing – and likely to accelerate this slowdown if layoffs…