SHOPIFY SHARES DROP
- Shares of Shopify $SHOP fell 13% after the company released its quarterly results, despite beating estimates.
- Shopify $SHOP's revenue and gross merchandise volume saw growth.
- The drop in stock value is likely due to concerns about costs and the outlook for the future.
- Shopify $SHOP's underlying fundamentals are still sound.
- Despite Friday's stock drop...
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On a purified basis the company reported earnings per share of 34 cents, up from 7 cents a year ago and beating the FactSet consensus of 30 cents. The company's revenue also increased to $2.1 billion from $1.7 billion.
Gross Merchandise Volume(GMV)also saw an increase. It rose 23% to $75.1 billion, beating analysts' expectations of $72.2 billion. The company highlighted this in...
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INTERESTING DIVIDEND STOCKS AS A PORTFOLIO REPLENISHMENT OPTION
1. High yield dividend stocks: Deutsche Bank analyst Omotayo Okusanya identified two stocks with high growth potential and a minimum yield of 9%.
2. Omega Healthcare Investors $OHI: Focused on healthcare real estate investment trusts (REITs), a stable portfolio with 883 properties and a dividend yield of 9.15%.
3. Sab...
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SHELL AND DIVIDEND INCREASE
1.Shell's Financial Results in 2023:
- Shell $SHEL beat expectations with a profit of $28.25 billion, although it recorded a 29% decline compared to the previous year.
2. Dividends and Share Buybacks:
- Despite the drop in profits, Shell $SHEL announced a 4% dividend increase and the launch of a $3.5 billion share buyback program.
3. Fourth Quarter...
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INTUITIVE SURGICAL AND NEW SURGICAL ROBOT
- Intuitive Surgical, Inc. $ISRG: Shares rose significantly after promising news about a new surgical robot and beating expectations for the fourth quarter.
- The new Da Vinci 5 surgical robot: The company filed for its registration with the FDA, which Citi analysts called a highlight and hinting at the next generation of robotic surgery.
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I immediately Googled the robot, and that's a huge step forward for the health care system.
WAYFAIR SHARES RISE AFTER JOB CUTS
-Wayfair $W has announced plans to reduce its workforce by 13%, equivalent to approximately 1,650 employees.
- Layoffs is primarily focused on management and executive positions.
- A third round of layoffs starting in the summer of 2022 is expected to save the company approximately $280 million.
- The layoff announcement triggered A 10% increase...
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Does anyone know how China is going to solve the population decline that awaits them in the next 30 years? And what would be the impact on world markets if their population drops by 40% by 2050?
So the steps they can and even must take are many. As far as I know, this is the main one:
1. Repeal the one-child policy in 2016. Now Chinese couples can have two children.
2. Raising the retirement age. The retirement age is gradually increasing from 60 to 65 for men and from 55 to 60 for women.
3. Investing in health care and infant mortality.
4. China is likely to push for increased labor productivity, automation and robotization. This should compensate for the decline in the workforce.
5. China is likely to open its market more to immigrants to compensate for population decline. But this will be a big challenge for Chinese culture.
BinanceUS has been under pressure for some time now, so I would expect the trading activity there to cease. Binance is currently based in Malta, so I wouldn't worry so much there. How Coinbase deals with this will be important and I wouldn't be surprised if it drags on for a few years.
How do you see it with Binance? Is it another FTX?
U.S. regulators on Monday sued Binance and its CEO Changpeng Zhao for allegedly operating a "network of fraud," adding pressure on the world's largest cryptocurrency exchange and sending $BTCUSD to its lowest level in nearly three months.
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Currently quite stretched, but even so, there are plenty of trads to be found. I'm not adding much to my investments at the moment.
Bill Ackman: "I think most investors over-diversify because they are lazy. They don't do enough research on any of their companies. If they have 200 positions, do you think they know what's going on in any of those companies at the moment?"
So, how lazy are you? :))
Buffet himself recommends the S&P500. It's not about laziness, it's just that some people don't try to beat the market.
I don't hold, but I'm sure chain stores will always be needed, whether for physical purchases or, in time, perhaps as a stock purchase online and delivery...
Good morning investors 🫡 Any top dividend companies you have in your portfolio? 👇💬
I've had my eye on Ohi for a while:) but I need to check them out more.