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SBS (Sabesp) seems like a good diversification value play for those seeking non-US non-AI/tech exposure to have on your portfolio.
The Brazilian utilities company Sabesp (SBS), Companhia de Saneamento Básico do Estado de São Paulo (good luck pronouncing that). It's a potentially very interesting value play. It's a former state-owned utility that was privatized roughly 20 months ago \- Revenue: BRL 6B (up 11% YoY) \- EBITDA: BRL 3.8B (up …
US bans imports of more Chinese technology goods
WASHINGTON, June 26 (Reuters) - The U.S. Federal Communications Commission on Friday said it will ban the import of more equipment from a group of Chinese manufacturers, the latest move by Washington to crack down on Chinese-made electronic gear. The move expands an FCC ban imposed in 2022 on new …
"AI is killing (seat-based) SaaS" is stupid.
I work in SaaS. Here are the fears, debunked one by one: 1. People will vibecode their own SaaS Wrong. Cheaper software has always existed alongside the SaaS incumbents. People pick the incumbents still for a reason. Any growing business, especially at scale, would do better to focus on growing …
Apple seeks to buy memory chips from blacklisted Chinese company
Apple is lobbying the Trump administration for clearance to buy memory chips from CXMT, a Chinese company that the Pentagon has put on a blacklist because of alleged connections to the People’s Liberation Army, according to six people familiar with the matter. The iPhone maker has waged a lobbying campaign …
noticed 20 genomics/sequencing stocks all breaking out the same week. can't tell if it's a real rotation or I'm just pattern-matching noise
So I run a screen across 2800 nasdaq names, returns over a few horizons, distance from 52w highs, relative volume, dispersion, that kind of stuff. mostly to keep myself honest on the macro instead of trading off headlines. been doing it daily for a while now. this week one thing …
Kevin Warsh will cut rates this year. IMO and here is why:
Kevin Warsh WILL cut rates this year. He was selected to do just that. Keeping rates steady and hawkish outlook is all smoke and mirrors so it doesn't look like Kevin Warsh is on the Trump take.. trust me he is. And I am 100% certain they will find a …
Korean markets triggered 2 circuit breakers this week, 1 after incredible MU earnings. Is this cause for concern?
Korean market volatility seems to have hit extreme levels this week. Markets first triggered circuit breakers on Monday night and then again Thursday night. The 2nd trigger was a bit surprising considering micron just delivered a massive earnings beat. Experiencing 2 breakers in a week is already unusual. Triggering the …
Why shouldn't individual stocks make up most of my portfolio if the goal is to accumulate wealth?
Disclaimer: I've only been investing for about 3 years so perhaps there's something obvious I'm missing here. Outside of WSB, the notion that one could pick stocks is mostly frowned upon. Most of the advice I've seen is that 80% of the portfolio should be broad market ETFs, with the …
Meta is reportedly building a play-money prediction market app
Prediction markets have been around for a while, but I think most people still don’t really understand them until they try one. The reports about Meta’s Arena app are interesting because it sounds like it would start with points instead of real money. If that’s true, it could make the …
Micron's print was the real test of the AI-memory selloff, and the China read-through isn't what people think
The whole memory complex got torched this week, KOSPI down about 10% with a circuit breaker on Tuesday, Samsung and SK Hynix both off around 12%, Nasdaq -2.21%. All of it was really a bet on one number: whether AI hardware spending is peaking. Micron, up roughly 325% YTD into …