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Samsung forecasts record third-quarter profit of $80 billion for the first time in history - Operating profit jumped 782%
Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company’s history as booming demand for artificial intelligence continues to fuel its chips business. Quarterly operating profit jumped 782% from a year earlier. Revenue …
Data shows that the 10-year Treasury yield is above 5.3% and crude oil prices are above $100, so why is the market sell-off so weak today?
Today, all three major market indices opened lower. There were many reasons for the market weakness, such as: The 10-year Treasury yield broke through 5.3%, oil prices returned above $100, and the latest Federal Reserve meeting minutes hinted at a possible future interest rate hike. These factors all contributed to …
FCC approves $SPCX to deploy 15,000 Starlink satellites for D2C service
The FCC has approved SpaceX to deploy up to 15,000 next-generation Starlink satellites, enabling direct-to-cell service with speeds of up to 150 Mbps and full 5G capabilities. The low-Earth orbit constellation (326-335 km altitude) will support supplemental coverage in the US, direct-to-cell globally, and higher data speeds using spectrum acquired …
The AI capex boom is increasingly a bet on AGI, not current economics
I think analysts are missing something big by considering AI frontier labs as though they were normal companies making big investments and expecting realistic business outcomes. I want to posit that the AI bubble differs from earlier bubbles because the spending is being justified by quasi-religious beliefs about what AI …
Coco cola & its relevant consumer stables.
I’m just dumbfounded that KO has pretty high PE ratio of 26 in comparison to Procter and gamble and PepsiCo In this high inflation environment, I’m not sure how KO stock is keep growing. I compared product lines KO vs PepsiCo. They are fairly comparable. Metric 🥤 Coca-Cola (KO) 🥨 …
Webull stock drops 20% as its ties to China create national security risk as per congressional panel
Digital investment platform [Webull](https://www.cnbc.com/quotes/BULL/), which counts [28 million global users](https://www.webull.com/news/15661785982567424), is quietly “tied in structural ways” to China’s government, representing a national security threat to U.S. finance, according to a bipartisan congressional panel’s findings shared exclusively with CNBC. The bipartisan House Select Committee on China in its new report being …
What are your thoughts on Shopify for its future?
It is quite literally the monopolization of ecommerce. There is nothing better, I've used it, I've worked for companies that use it, it's an unbelievable service. There is alternatives like selling on Amazon, but Shopify for individual owners that want to keep most their money they make just beats the …
Read through the Big Tech nuclear contracts after the CEG/Google deal. Almost none of them just buy existing power
CEG popped again yesterday on the Google deal, a week after the Amazon one. Every take I see is basically "AI needs power, buy anything with a reactor" so I actually went and read the deal announcements. Neither deal is Big Tech just buying power that already exists. Amazon's 690 …
SpaceX Doubling Its Debt With $40B NVDA Chip Buy
SpaceX is planning a massive $40 billion debt raise to buy Nvidia chips. The financial structure of this deal is quite wild. $40 billion is roughly equal to SpaceX’s entire projected revenue for the year. They are splitting the package into $10 billion in bank loans and $30 billion in …
$META is by far the best opportunity in the MAG 7.
It is not even close. Zuck simply reiterated Meta’s gigantic distribution moat: “I think one of the things that we’re really good at at Meta is taking a product that works well for consumers and distributing it.” And Muse is only just beginning. With each improvement of the product, Zuck …