Category: stocks
-
Arm Holdings ADR (ARM) – What is your outlook?
Their stock is severely overvalued. Calculating the fair value of the company stock using the Fair Value equation (Fair Value = EPS * EPS Growth Rate) shows that the value should be at ~$2; when I first did the calculations, I got $0.1. Other investor outlets set it at ~$50-$60 as a fair price, but…
-
Ajit Jain, Buffett’s insurance chief, dumps more than half his Berkshire stake
Ajit Jain, Warren’s Buffett’s insurance chief and top executive, sold more than half of his stake in Berkshire Hathaway, a new regulatory filing showed. The 73-year-old vice chairman of insurance operations dumped 200 shares of Berkshire Class A shares on Monday at an average price of $695,418 per share for roughly $139 million. That left…
-
Adobe stock slips on soft fourth-quarter revenue guidance
Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings, but the stock slid 10% in extended trading on fourth-quarter guidance that came up short. Here’s how Adobe did for the quarter ending in August versus LSEG consensus estimates: Revenue: $5.41 billion, vs. $5.37 billion expected Earnings per share: $4.65,…
-
$tko $edr valuation and arbitrage
OK, arbitrage might not be the right word but here’s the just of my dilemma and I’m sure many others TKO is currently trading around a 9 1/2 billion market cap while EDR remains the held value of 8 billion since they hold a 51% stake in tko is edr not the value play here?…
-
What is Google’s Bull Case?
Recently, I have seen so many posts on how Google is the most undervalued stock in the tech sector. Google was up almost 38% YTD before falling back to make it about 11% YTD. What even made google shoot up that much YTD and what are the catalysts and moats of Google that everyone is…
-
Oracle jumps about 8% after hours after reporting that 2029 revenues could jump up to $104 billion
All, https://x.com/cfromhertz/status/1834322493571473898?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet Couldn't find much additional news so far but IBRK shows 2 articles from benzinga with this news. If true, this would mean that they are nearly doubling their revenues in 5 years which is almost 14% revenue growth annually. In last 2-3 years, revenues have grownn by only about 7-8% or so.
-
(9/13) Friday’s Pre-Market News & Stock Movers
Good Friday morning traders and investors of the r/stocks sub! Welcome to the final trading day of the week. Here are your pre-market movers & news on this Friday, September the 13th, 2024- Stock futures rise after S&P 500 notches fourth-straight winning session: Live updates U.S. stock futures rose Friday as traders sought to shake…
-
Google is down almost 20 percent from ATH and has entered bear market territory. my thesis
Google as the title states has gone down 20 percent from the ATH which is more than other big tech companies have seen. and is now in bear market territory. First let's start with the balance sheet of Google which is pretty good for the most part. Google revenue has increased at a rate of…
-
Uber and Waymo to offer driverless ride-sharing trips in Austin and Atlanta
Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Shares of Uber jumped 5% on the news while Alphabet rose about 1%. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to…
-
Saudi Arabia expects to get access to Nvidia’s high performance chips ‘within the next year’
Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia's high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models. Speaking to CNBC on Thursday, a top official at the Saudi Data and AI Authority, Abdulrahman Tariq Habib, said the kingdom expected to make such a stride in…