Amazes me that 122% revenue growth isn't enough. I guess the thought is that AI will calm down and demand will go down so nobody wants to bet on revenue growth like this forever.
People typically try to price a stock and thus its market cap, based on financial analysis, by using things like PE, PEG Ratio
https://www.nasdaq.com/market-activity/stocks/nvda/price-earnings-peg-ratios
Compare to Apple...
"Keith Gill is a former financial analyst"
https://www.investopedia.com/keith-gill-roaring-kitty-8303143
He wasn't an average stock guy. He was a youtuber who convinced tons of followers to jump off a cliff and milked them as they did, doing the old pump and dump.
"He went on to invest...
I thought the reddit crowd didn't have any money since they stop giving out covid handouts? Where did this influx come from?
Oh well, time for the late-comers to lose money again.
It was $160 at its peak.. wow.
I guess the lesson was never hold memes stocks for long.
There is one thing I have learned, its that Americans love to buy exercise equipment, but they hate to exercise.
I never had any stock, but Chipotle has been a big winner for some. The 20 year return is 7200% and I think a big part of that is because their food being dramatically overpriced. Beans, rice and tortillas are dirt cheap and rarely jump in price.
I mentioned CAVA I think last year around $40...
Still not enough evidence for me. I put more merit on this article
"New studies by the National Institutes of Health failed to find evidence of brain injury in scans or blood markers of the diplomats and spies who suffered symptoms of Havana syndrome, bolstering the conclusions of U.S...
Doubt it:
It’s commonly thought that monetary policy works with “long and variable lags” …There was an old literature that made those lags out to be fairly long. There’s newer literature that says that they’re shorter. The truth is, we don’t have a lot of data…. It’s highly uncertain – highly...
I had the same thought. Thanks to the stock market going up, people will feel more wealthy and will spend more and prices rise. In fact we have had record retirements as retirees feel they have enough saved. If the market crashes they may feel they need to go back to work.
But I also thought...
RIP. I am amazed he survived this long as he got skinnier and skinnier everytime we saw him on camera. I thought he never should have returned to Russia, I mean Putin just had him poisoned, so of course he was going to be arrested/killed.
How many people have to be laid off before we stop buying things? I was surprised to see CPI tick up and its because of demand. People are still buying, so prices will stay high and so will interest rates.
Good sign for NYCB.
New York Community Bancorp (NYSE:NYCB) stock perked up 14.8% in Friday afternoon trading after disclosing the company's CEO and other insiders purchased more than 200K shares of the stock, which has lost about half its value since posting a surprise Q4 loss last week.
CEO...
I think I am going to throw some of my gambling money at this mess. They cut their dividend and the stock price dropped almost 70% because they wrote off two big loans, and had to increase reserves because they reached the over 100 B in assets. They recently bought the assets of Signature bank...
They need to remake this movie https://www.imdb.com/title/tt0082340/ but call it "Escape from Oakland"
In-N-Out just closed too. Everyone is leaving.
https://www.nbcbayarea.com/news/local/east-bay/oakland-in-n-out-businesses-close-safety-concerns/3430153/
Last time I was in Oakland there was a...
There is a prequel called Prelude to Foundation https://en.wikipedia.org/wiki/Prelude_to_Foundation which details it a little more about how and why psychohistory works.
Spoiler on psychohistory and how it works:
The first trilogy is very dry. I wouldn't have made it through if I wasn't a...
These scams are actually quite old at this point. In this case they take the card home, scratch off the numbers, record them, then cover over the numbers again and return it to the shelf. Every day they test the numbers they recorded to see if money is on the card and then steal it. Other...
She almost confirmed what we already knew. I actually liked Season 3, particularly some of the episodes, like the time travel one. Only Avis can save us now!
It does blow my mind. Farmers feel they are self-made men and don't want government on their backs, which is a talking point of Reps. But you better believe they will take farm subsidies and claim its their right. Dems often push increased environmental regulations on farmers which may be a...
That's interesting that you had a fear of death so strong you needed meds. I sometimes wake up in the middle of the night and realize I am going to die someday and on that day I won't wake up ever again. It lasts like 15 minutes as I contemplate what nothingness would be like, then I remember...
Analysts just throw up a bunch of numbers and see which sticks. The guy who is right will claim prognostication and the guy who is wrong will just disappear. Just keep hanging on and buying, particularly the cheaper stuff like small caps, real estate and international.
This is the most expected recession we have seen in a long time. This usually means its not going to happen. I dont see rate cuts unless inflation is sub 2%
Sell the rumor, buy the news?
"Despite the overwhelming strength, however, September’s data reflected notable cooling in an area on which the Fed has been most focused: wages. Average hourly earnings rose 0.2% in September, coming in 0.1 percentage point below expectations and matching the...
No didn't buy in. Whats the catalyst for ARM? ARM is a mature company that was public, then became private thanks to Softbank, the same company that bought WeWork when it was trash.
Now ARM is a critical player in a critical market but I just don't see too much growth at this point and even...
Reminds me of a lot of language translators, particularly early ones. I wonder if it was written in Thai or Vietnamese and converted to English as those languages have some of the worst translators.
I find it strange no one is demonstrating sympathy for the poor child. I feel for the parents as kids this age are truly innocent. And how bad a mother do you have to be, or how bad a foster system must you have, so that your child is taken from you and put into a house like this?
Why even...
Worms in the brain aren't a new phenomena (https://www.health.nsw.gov.au/Infectious/factsheets/Pages/rat-lung-worm.aspx) but perhaps a live roundworm in a human brain is unique. Its scary to think our brains are just meat to other living things.
The abc news article is a little more damning than the seeking-alpha one.
"By taking responsibility for causing the first fire, then pointing the finger on a fire that started 75 yards away and saying, 'That's not our fault, we started it but they should've put it out,' I'm not sure how that...
Threw some money into HE (Hawaiian Electric). The company states and has proof the power lines were off for 6 hours before the second fire started. If true and they get off the hook, they could return from 14, back to 39 over the next few months - year. Worse cause scenario is bankruptcy...
Totally looked like a gravy seal, incel.
Sometimes I wonder if we should change the 2nd amendment to say only people who have gotten laid can own guns. It might save lives :P
We have known Russia has been trying to sow racial discord among the US. I do wonder how many of these cases are Russian feed trolls?
https://www.nbcnews.com/news/world/russian-documents-reveal-desire-sow-racial-discord-violence-u-s-n1008051
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