Tag Archives: silly

Investors are hoping Tesla’s (TSLA) price-cutting ways have run their course for 2023. “Based on the statement that [Elon Musk] made on the fourth quarter earnings call, saying that his demand is 2x his supply, you’d be silly to cut price,” BofA analyst John Murphy on Yahoo Finance Live (video above). “You would just be eating into your profitability and not achieving any more incremental volume in the near term.” Earlier this month, Tesla cut the Model 3 base version by $3,000 to $43,990. The… Source link

Filters in video calls are always a fun time when kids get ahold of a phone or computer and act like the children they are. When it’s your coworker, I’m not sure the same level of joy can be found because you know the guy that’s about to put one on. He’s not funny. He thinks he is, but he is most often…not. You are already calling into a meeting you’d rather not and Jeff wants to become a dolphin. I bring this up because Google Meet is getting all the filters as a way to… Source link

We are tribal creatures, and there’s nothing that appeals to us more than a simple pick-your-side binary. Democrat or Republican? Coke or Pepsi? Football or soccer? Make your choice, dig in hard, and never ever give an inch. Sunday night brought us one of the best kind of debates: a niche blood war, where the people involved stake their entire identity on it while the vast majority of the world literally could not care less. The terms of this battle: who’s better, Tua Tagovailoa or Justin… Source link

Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the world’s most prominent Fed watchers, Mohamed El-Erian, chief economic adviser of financial services firm Allianz and president of Queens’ College at Cambridge, says it’s part of a “great awakening” for central banks, as several others took action this week. For instance, the Swiss… Source link

The valuation on Facebook’s stock (FB) looks way out of whack with the social media giant’s continued digital dominance, argues long-time bull Brent Thill at Jefferies.  “Interestingly, Facebook is now the second cheapest stock in our large cap coverage (eBay is cheapest) and trades at a 30% discount to the Nasdaq (vs. two-year average 18% discount). In our view, Facebook’s valuation is among the most attractive in Internet, particularly on a growth adjusted basis,” Thill said in a new… Source link

TipRanks 2 “Strong Buy” Stocks Insiders Are Snapping Up One strategy for selecting top stocks is to track insider transactions. After all, if insiders are dipping into their own pockets you can imagine it’s because they believe the stock looks compelling. A Harvard study revealed that insider purchases earn “abnormal” returns of more than 6% per year. The authors of the study conclude that insider buyers “have a good feel for near-term developments within their firm.” The… Source link