Author: pluginever

Paramount Global is cutting 15% of its U.S. workforce, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media. Paramount has identified $500 million in cost savings, which include the head count reductions, as part of $2 billion in synergies related to its transaction with Skydance. The job cuts will…

LLY up 10% on the day after crushing earning's, still richly valued but phenomenal long term hold it's panning out with 15 year CAGR at 23.6% and 10 year at 29.8%. HIMS crushed earning's as well, subscription based companies in this day and age with such high retention and growing members it's looking like it…

First-time filings for jobless benefits came to a seasonally adjusted 233,000 for the week, a decline of 17,000 from the previous week’s upwardly revised level and lower than the Dow Jones estimate for 240,000, the Labor Department said Thursday. The report comes with Wall Street on edge amid signs that job growth is slowing and…

https://www.cnbc.com/2024/08/08/palantir-jumps-on-microsoft-partnership-to-sell-ai-to-us-defense.html Palantir shares climbed about 6% on Thursday morning after the company announced a partnership with Microsoft to sell secure cloud, analytics and artificial intelligence capabilities to the U.S. defense and intelligence communities. Palantir, which works closely with governments to provide software to visualize army positions, among other services, will use the partnership to launch…

Asking for a friend, why is Costco trading like a tech stock? PE is 57.25, Forward PE is 50.74 Revenue growth yoy to 2022 was about 6% If you look at their quarterly revenue growth is barely moved the needle the past few quarters. If anything from 9/3/2023 to 11/26/2023 it dropped quite a bit.…

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 45% in July, accelerating its pace of growth from the June quarter and bolstering hopes for sustained strong demand for artificial intelligence chips from the likes of Nvidia Corp. Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should…

There are estimated 1.334 billion active iPhone users worldwide. Apple also announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high. Do the math. https://www.cnbc.com/2024/08/08/apple-could-charge-20-for-some-apple-intelligence-features-analysts.html

She bought Amazon into 5 of the 6 ETF's Ark manages. Given the poor track record of her stock picking skills, is Amazon doomed to fail? Amazon has pretty poor track record recently. If you bought AMZN stock 4 years ago, and held it today, your investment would be in the negative. Had you invested…

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…

Sorry for the dumb question, but I can't find a straight answer… I have a account for stocks. I want to invest some into a 'lower risk' etf or sp500. I know BRK-B I can just buy shares. Is it the same for the SP500 or QQQ etc? Please let me know what would be…