Milan Charvat
@milancharvat
Investor and collector. 18 years in media. 13 years in own projects and investments. Editor-in-chief of Warengo since 2018. Co-founder and CEO of Bulios.
7.4% a year from a company that lends to people rejected by banks. Is it safe?
OneMain pays a yield that banks can only dream of, and this year it’s growing faster than it has in years. Yet the stock is down 16% since January and the dividend has stalled. The secret lies in a single percentage point that determines half the payout.
BLACK Who Pays the AI Bill? Probably the Stocks You Already Own
Memory prices have roughly quadrupled in a year, and phone, computer, and console makers are footing the bill. The biggest payer is also the largest holding in most index portfolios. For now, the market is pricing in both sides as if one of them must be wrong.
The Fastest-Growing AI Stock Trades at 9 Times Earnings. What’s the Catch?
Super Micro’s revenue nearly quadrupled in a year, and its outlook points to $80 billion. Yet the market values the stock like a bank, not an AI leader. The reason lies in how much of every dollar the company keeps and who actually pays for its manufacturing.
These 3 stocks pay up to 5.8% a year. Which one will lose its dividend first?
W. P. Carey, Pfizer, and PepsiCo. Based on their payout ratios, two of them are paying out more than they earn, while the third looks exemplary. But that number lies in both directions, and the actual safety ranking is different from what the stock card suggests.
Is This the Safest 5% Dividend in the Most Dangerous Sector?
A Panamanian airline raised its dividend, then a few weeks later war doubled its fuel costs. Profit fell by half, but the payout stayed the same. How long can it keep that up, and how can you tell when it’s running on reserves?
BLACK The Nasdaq Is in a Correction, but Most Stocks Are Rising. Where Is the Money Going?
The Nasdaq 100 is in a correction, but 346 of the 500 companies in the S&P 500 rose on Monday. Money isn’t leaving the market; it’s just moving away from companies paying for AI buildouts with new shares and debt. For holders of technology ETFs, that has one uncomfortable consequence.
Palantir Is Up 96%. Why Haven’t Shareholders Made Any Money This Year?
Revenue +96%, commercial business surpassing government for the first time, and the outlook raised for the third time in a year. Yet the stock is flat since January. That’s because the price of $178 already reflects something Palantir failed to deliver in the third quarter.
Apple Shares Fell 3% After Earnings. The Company Reports Its Best Year Ever and $479 Billion in Revenue
New CEO John Ternus presented a record quarter and a record year. But investors focused on something else: margins are expected to fall in the most important quarter of the year, and the reason is memory chips, which are getting more expensive because of the artificial intelligence boom.
AMD Is Down 20% in a Month. Is It Cheap After the Drop, or Still Expensive?
AMD stock lost 11% in a single day, even though its biggest customers promised that same week to spend even more on AI. The trigger was Intel and the PC market. But hidden inside its warning is a threat that will hit AMD somewhere else entirely.
Is This the Cheapest Growth Stock Outside AI?
Profit +70%, revenue +36%, and forward P/E around 13. Regeneron jumped 13% on a day when tech stocks were falling. But a large part of that growth has an accounting explanation, and analysts’ targets are below the current price. How much of it is real business growth?
The year’s strongest months are beginning. Will the rally reach your ETF too?
November and December have historically been among the best months for stocks. But October split the market in two, and this time it won’t be the calendar or the economy that decides where the rally goes, but the budgets of a handful of companies for data centers.
BLACK Big Tech Is Borrowing Heavily for AI | Future Intelligence #33
Oracle confirmed its target of more than $225 billion in revenue in fiscal 2030 and, for the first time, paired it with a budget: no more than $20 billion in new capital, while some of its computing capacity will be built on third-party silicon. Meta is going to the market to raise money for the…
Reddit lost 29% of its value in a day. Google stopped sending it traffic, and the whole internet has the same problem
Revenue rose 53%, profits 70, and yet it was the worst day in the company’s history. Reddit paid the price for Google answering queries itself and sending almost nobody to websites anymore. Industry-wide figures show this isn’t just one company’s problem.
Half of America eats lunch at these chains, yet they’re down as much as 40%. Is this the end for McDonald’s and its peers?
McDonald's, Starbucks, Chipotle, and CAVA rely on the same customer. But the one with the thinnest wallet has left the cheapest brand and is showing up at pricier ones. The market is valuing all four as if the opposite were true.
BLACK Alphabet disappoints, stock falls 12% | Weekend Intelligence #36
October closed in a different mood than it began. The technologies that had been driving markets higher all year got an unpleasant reminder after Alphabet and Intel reported earnings: even decent revenue can fall short when expectations are running ahead. The Fed left rates unchanged, but for the…
SoFi Stock Is 46% Below Its High. Is It Cheap, or Does It Just Look Cheap?
Revenue is up 44%, profit 73%, and management has promised a figure for 2027 for the first time. Yet the stock is nearly half its annual high and down from n
A Slightly Spoiled Soup. Why Did the Famous Company Have to Cut Its Dividend After a 67% Plunge?
Campbell's stock is near its lows after a year of declines, and screeners show a 6.8% yield. But in September, management cut the dividend for the first time since 2001, even though it had the cash to pay it. What will be left of that figure for someone buying today?
BLACK Behind Closed Doors, the Price of Money for Your European Stocks Is Being Decided
Lagarde is leaving the ECB nine months early, and markets celebrated with a rally. Interest rates are almost a done deal. The new ECB chief will decide something else—and France is trading support for the job for a different seat.
Three AI Boom Stocks Have Fallen as Much as 36%. Which One Deserves the Drop?
Google and Amazon’s nuclear power supplier, Uber’s most profitable year ever, and a gaming engine with a record quarter. All three are reporting their best numbers ever, yet the market is selling them off. Each for a different reason, and only one of those reasons makes sense.
Is This Europe’s Most Overlooked Dividend Stock?
It has raised its dividend for thirty years straight, has low debt, and pays 5.9% a year. Yet it’s valued like a bank in trouble. And the founders have just decided to give up control. Is this a reward for patience, or a trap?