Shares of Snowflake $SNOW once shone on Wall Street, but 2024 has brought bitter disappointment for investors. After several weak earnings and slowing growth, the stock is at all-time lows. Over the course of this year, their value has fallen by more than 37 %, while the Nasdaq technology index has risen by around 25 %.
🔎 LVMH is already 30% below the peaks!💎 Despite a challenging global environment and challenges in key markets such as China and Japan, French giant LVMH(Louis Vuitton Moët Hennessy) continues to show exceptional stability. In the first nine months of 2024, the company achieved sales of €60.8 billion, with some divisions able to benefit from innovation and a strong brand... Read more
📊 Citigroup's Q3 2024 results: profit falls, but investment banking grows!🏦
Citigroupshares responded by rising by 2 % in the premarket, now unfortunately over 5 % They are writing off 5%!
Citigroup $CBank released its third quarter results today along with others and it shows some interesting numbers. The company reported revenue growth of 1 % to $20.32 billion, beating... Read more
🚀 Big news from the investment world: SoFi enters into a strategic agreement with Fortress Investment Group! 💼💰
SoFi Technologies $SOFI is about to change its strategy with the acquisition of $2 billion worth of personal loans from Fortress Investment Group . The move moves SoFi from a traditional banking business to a fee-based business, allowing it to be more responsive to... Read more
As earnings season gets underway there will be a lot to watch, last week $JPMBank kicked it off nicely by presenting beautiful results above analyst expectations. Let's see what the banks show us this week and they will also be joined by two tech giants along with the world's largest streaming platform. Here I bring you my... Read more
The U.S. Justice Department is about to take a step that could rewrite the history of the tech industry - it's considering splitting the company Google $GOOGL, one of the world's biggest players. 🌍 This intervention, if implemented, could change not only the future of Google, but also the rules of the game for the entire tech sector. And that means... Read more
America's largest bank JPMorgan Chase & Co $JPM surprised the market again with its excellent third quarter results. The shares of this financial institution are reacting to the news by rising, which is not surprising given the results achieved and the optimistic outlook for the rest of the year.
🌍 Lithium fever: Rio Tinto consolidates its place in the global lithium market! 🔋
Anglo-Australian corporation Rio Tinto $RIO has officially announced the acquisition of Arcadium Lithium for a staggering $6.7 billion in cash, making the deal one of the largest in lithium history. The move will make Rio Tinto the third largest lithium producer in the world, strengthening its... Read more
📈 Super Micro shares: the AI boom opens up new possibilities, but faces challenges too! 🤖💡
Super Micro Computer $SMCI is currently booming, thanks to the rapidly growing interest in artificial intelligence technologies. The company recently announced that it is shipping more than 100,000 GPUs per quarter (GPUS), which is essential for processing the vast amounts of data that... Read more
Norwegian energy company Equinor $EQNR, is taking bold steps towards a more sustainable future. In its latest announcement, the company announced the acquisition of 9,8% stake in Danish offshore wind farm leader Orsted. The investment, worth approximately $2.5 billion, is part of a long-term strategy to strengthen Equinor' s position in... Read more
This week there are interesting conferences, news in AIbut also at Robotax. In this busy week, we start the results season, which will be kicked off by PepsiCo followed by the largest banking house in the United States!
Let's keep a close eye on these events!
🧠Monday: $NVDAAI Summit - NVIDIA is one of the leaders in AI chips. From data... Read more
Well, I have to say that the results of the banks made me happy. Now I will be interested in the results of $BAC, as I have their stock in my portfolio.
ASML Holding: semiconductor leader with growth potential, but at a premium price! 💡📈
ASML $ASML is a key player in the technology sector, particularly as a major supplier of equipment to semiconductor manufacturers, making it an attractive investment opportunity. Over the past month, ASML stock has seen an increase of +2,6 %. Although the semiconductor equipment sector saw a... Read more
💼 Formula 1 & LVMH: A new era of luxury and motorsport for $1 billion! 🚀
Formula 1 $FWONK has completed a historic agreement with LVMH $MC.PA, one of the world's largest luxury goods conglomerates, that will bring the sport a $1 billion investment over the next 10 years. This partnership not only promises huge changes in the motorsport landscape, but also brings new business... Read more
📢 PepsiCo is expanding: $1.2 billion acquisition of Siete Foods!
PepsiCo $PEP, one of the world's largest food companies, has just announced the next major step in its growth strategy - the $1 .2 billion purchase of Mexican-American food manufacturer Siete Foods. This acquisition is PepsiCo's first major foodpurchase in five years and significantly expands its multicultural... Read more
I would be worried about some action coming from the government here for the health of the people. The drinks are pretty sweetened and not that extremely unhealthy.
🌐 Interesting companies from the technology sector!
Arm Holdings $ARM🏆 This company is experiencing incredible growth due to the high demand for their powerful and energy efficient chips. Their technology powers smartphones, but is increasingly finding its way into data centers, consumer electronics, automotive and the Internet of Things (IoT) 🚗. What's more,Arm benefits from an... Read more
Nothing too interesting for me, so I'm not adding it to the watchlist.