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Off-Topic Stock Market & Crypto Discussion

mr.h said:
UBER is a gem
Ride-hailing giant Uber’s (UBER) second quarter revenue topped estimates, with strong current quarter guidance. And the company announced a monster $20 billion stock buyback to boot.

Uber reported Q2 revenue grew 18% year over year to $12.65 billion (vs $12.48 billion estimated). Uber posted EPS of $0.63 vs $0.63 estimated, with adjusted EBITDA coming in at $2.12 billion vs $2.09 billion estimated, up 35%.

NVO misses top and bottom…too much competition with weight loss meds.
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Sadly I sold uber at $88 a few months ago. I really think one of the FSD companies(Tesla/google) was/is gonna take it out. Remains to be seen. Nice 20B buyback


On other news, Shopify flying. Had earnings this morning.
 
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APPL up big…
"We'll be putting a tariff on of approximately 100% on chips and semiconductors," Trump said in the Oval Office while meeting with Apple CEO Tim Cook. "But if you're building in the United States of America, there's no charge”
 
mr.h said:
APPL up big…
"We'll be putting a tariff on of approximately 100% on chips and semiconductors," Trump said in the Oval Office while meeting with Apple CEO Tim Cook. "But if you're building in the United States of America, there's no charge”
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What does that do for TSM? What about Samsung's deal with Elon?
 

Apple Becomes First Company to Announce an ‘End‑to‑End’ Silicon Supply Chain Built in the U.S.​

Ali Salman

Apple has just made history by becoming the first company to build a complete end-to-end silicon chip supply chain entirely in the United States. The announcement comes as part of the company's newly expanded American Manufacturing Program, or AMP, which now carries a $600 billion investment over the next four years, including a fresh $100 billion pledge specifically for U.S.-based chip production and supply chain development. This means that every stage of the chip creation, ranging from initial silicon wafers to the final packaged component ready for use in iPhones, Macs, and other Apple products, will take place on American soil.

I also believe AAPL will purchase a smaller up and coming AI company to get into the game.
 
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USD Continuing Jobless Claims
1.974M - - 1.936M
12:30
USD Initial Jobless Claims
226K 1.77 221K 218K
12:30
USD Initial Jobless Claims 4-week average
220.75K - - 221.25K
12:30
USD Nonfarm Productivity (Q2) PREL
2.4% -0.26 2.5% -1.8%
12:30
USD Unit Labor Costs (Q2) PREL
1.6% 0.13 1.5% 6.9%

Initial jobless claims rose

Continuing claims for unemployment benefits hit highest level since November 2021​

Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs.
 
mr.h said:
USD Continuing Jobless Claims
1.974M - - 1.936M
12:30
USD Initial Jobless Claims
226K 1.77 221K 218K
12:30
USD Initial Jobless Claims 4-week average
220.75K - - 221.25K
12:30
USD Nonfarm Productivity (Q2) PREL
2.4% -0.26 2.5% -1.8%
12:30
USD Unit Labor Costs (Q2) PREL
1.6% 0.13 1.5% 6.9%

Initial jobless claims rose

Continuing claims for unemployment benefits hit highest level since November 2021​

Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs.
Click to expand...
I don't understand how we have hundreds of thousands of trade jobs, well paying jobs, that can't be filled, yet there are able bodied people everywhere claiming unemployment. I know it is more nuanced than that, but at some point, we need to do something to get assess in seats.
 
SWFLSWAGG17 said:
I don't understand how we have hundreds of thousands of trade jobs, well paying jobs, that can't be filled, yet there are able bodied people everywhere claiming unemployment. I know it is more nuanced than that, but at some point, we need to do something to get assess in seats.
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Try applying to those blue collar jobs without experience or certification.

Owners consider inexperienced people as risky hires.
 
Bird4um said:
That’s why I lost big today!!!! 😩
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yeah I dodged a bullet on that one. Sold 80% of my holdings when I needed a DP on a house. Then I bought more on the last dip to 55-60 and sold in the 80s.

Not gonna lie, this 2nd gap down might not be over yet. But $54 is a fair price. It actually has been doing ok with its earnings.
 

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Cmuri said:
Anyone grabbing some TTD today?

I added a few but had been selling at $80-$90
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That’s why I lost big today!!!!
Cmuri said:
yeah I dodged a bullet on that one. Sold 80% of my holdings when I needed a DP on a house. Then I bought more on the last dip to 55-60 and sold in the 80s.

Not gonna lie, this 2nd gap down might not be over yet. But $54 is a fair price. It actually has been doing ok with its earnings.
Click to expand...
news to give me a heads up next time. Well played!! 🫡
 
Notable earnings this week:
  • Monday, August 11:
    • AMC Entertainment (AMC): Expected to report a loss of 8 cents per share on revenue of $1.44 billion.
    • Franco-Nevada (FNV): Expected earnings estimate of $1.12.
    • Green Plains (GPRE): Expected earnings estimate of -$0.33.
    • Kymera Therapeutics (KYMR): Expected earnings estimate of -$0.81.
    • Legend Biotech (LEGN): Expected earnings estimate of -$0.11.
    • Owens & Minor (OMI): Expected earnings estimate of $0.28.
    • Roivant Sciences (ROIV): Expected earnings estimate of -$0.25.
    • Rumble (RUM): Expected earnings estimate of -$0.07.
    • Oklo Inc. (OKLO): Expected earnings estimate of -$0.11.
    • PubMatic (PUBM): Expected earnings estimate of -$0.16.
    • Repay Holdings (RPAY): Expected earnings estimate of $0.20.
    • Xenon Pharmaceuticals (XENE): Expected earnings estimate of -$0.99.
    • Archer Aviation Inc. (ACHR)
  • Tuesday, August 12:
    • Telephone and Data Systems (TDS)
    • U.S. Cellular (USM)
  • Wednesday, August 13:
    • WeightWatchers (WW)
  • Thursday, August 14:
    • Applied Materials, Inc.
    • NetEase, Inc.
    • JD.com, Inc.
    • Tapestry, Inc.
    • Credicorp Ltd.
  • Core economic indicators this week:
  • CPI Tuesday
  • PPI Thursday
  • Retail sales Friday
 
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