I had the stock in my portfolio for a while, but then I sold it because of the litigation. The stock has gone up nicely since then, but I guess I'm glad I got rid of it.
You all probably know how the case was handled Hindeburg vs Adani. It has cast a negative light on India and the biggest companies and billionaires there...In January 2023, Hindenburg published a report on the alleged improper use of tax havens and stock manipulation by the Adani Group, triggering a $150 billion sell-off in the conglomerate's shares, even though the... Read more
One more piece of good news from Disney $DISearnings - For the first time ever, Disney's combined streaming division of Disney+, Hulu, and ESPN+ have collectively turned a profit!
I mentionedAxon Enterprise $AXON about a year ago in an article on Bulios, where I evaluated it as an interesting company with growth potential. Over the past year the stock is up +64% and after yesterday's results I see another four percent up there.
The Fed's Waller expresses confidence that policy is in the right place to bring inflation down to the desired target.
There was nothing in Waller's prepared remarks for a speech in Washington, D.C., to suggest he was considering cutting interest rates, and he noted that inflation is still too high at present. However, he pointed to a number of areas where progress has been made... Read more
Another exciting milestone for $NIO - To date, NIO has deployed more than 20,000 PowerChargers. As the EV manufacturer that has the largest number of chargers and has built the most PowerSwap stations in China, NIO continues to develop a massive power infrastructure.
Goldman Sachs sees Tesla $TSLA as a potential leader in AI-related technologies. Goldman Sachs believes that their current $235 price target for TSLA reflects Tesla's future potential for growth in new high-margin areas, particularly with respect to its own fleet of vehicles. However, they suggest the company may gain more product traction in other AI-related segments.
Hey investors, whose results are you waiting for this week? I only have $PFE and $LLY, but I'll definitely check out Palantir, SoFi, chipmakers (AMD, Qualcomm) and PayPal.
Google $GOOGL is reportedly considering to stop using Broadcom $AVGO as an AI chip supplier from 2027. In such a scenario, Google would completely design the chips known as TPUs in-house. The move could save billions of dollars in costs annually. What do you think? 🤔
Shares of Nio $NIO are down more than 5% in premarket trading after the company announced a proposed offering of $500 million aggregate principal amount of convertible senior notes due 2029 and $500 million aggregate principal amount of convertible senior notes due 2030.
$NIO Technology Day is officially scheduled for September 21. Would you be interested in a summary of the news? The Nio Phone is finally expected to be announced as well, so I'm curious 😀 .
Novo Nordisk $NVO closed the day yesterday with a larger market capitalisation than LVMH, making it Europe's largest public company. Novo's share price rose 1.9 percent to $189.3, giving the company a market capitalization of $423 billion.
I had the stock in my portfolio for a while, but then I sold it because of the litigation. The stock has gone up nicely since then, but I guess I'm glad I got rid of it.