OT: Stock and Investment Talk
- Thread starter RU-05
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Another formerly unprofitable company that got the message and just surprised with positive earnings.
Up 27%
www.cnbc.com
Up 27%
MongoDB stock jumps 27% after cloud database company shows surprise adjusted profit
MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other software.
Great news for our supply chain. TSMC is undervalued (Morningstar FMV of $133):
TSMC Shares Cheap on Long-Term Computing Growth, Despite Uncertain 24 Months Ahead
Business Strategy and Outlook |
Taiwan Semiconductor Manufacturing Co. is the world’s largest dedicated contract chip manufacturer, or foundry. It makes integrated circuits for customers based on their proprietary IC designs. The firm has long benefited from semiconductor firms around the globe transitioning from integrated device manufacturers to fabless designers. TSMC, like all foundries, assumes the costs and capital expenditures of running factories amid a highly cyclical market for its customers. Such cyclicality stems from the fact that foundries tend to add excessive capacity during times of burgeoning demand, which can result in underutilization during downturns that hampers profitability.
The rise of fabless semiconductor firms has been maintaining the growth of foundries, which has in turn encouraged increased competition. However, most of these newer competitors are confined to low-end manufacturing due to prohibitive costs and engineering know-how associated with the leading-edge technology. To prolong the excess returns enabled by leading-edge process technology, or nodes, TSMC initially focuses on logic products, mostly used on central processing units and mobile chips, then focuses on more cost-conscious applications. This strategy has been successful, illustrated by the fact that the firm's one of the two foundries still possessing leading-edge nodes when dozens of peers lagged.
We note two long-term growth factors for TSMC. First, the consolidation of semiconductor firms is expected to create demand for integrated systems made with the most advanced nodes. Second, organic growth of artificial intelligence, Internet of Things, and high-performance computing applications may last for decades. AI and HPC play a central role in quickly processing human and machine inputs to solve complex problems like autonomous driving and language processing. Cheaper semiconductors have made integrating sensors, controllers, and motors to improve home, office, and factory efficiency possible.
TSM.... Buffet/Berkshire now owns more than 60 million shares, as of Nov 13F filing.
I imagine they knew about the increased US investment before they bought in? Could they even have influenced that decision?
I believe this is close to a bottom and could be a good entry point with China easing Covid restrictions. Bought some PXD today in $225 range.
DIG would work here too. Have made money in the past with DIG but also with DUG too. I think oil moves directionally higher from here though
Unless you believe the "bad recession is coming soon" narrative, oil will likely head higher.
Large decrease for PPI today, down to 7.4% from 8.1% YoY. MoM steady at 0.3% (annualized rate of 3.6%). Lowest YoY in 18 months.
CPI drops on Tuesday morning. Should be fun! LOL.
CPI drops on Tuesday morning. Should be fun! LOL.
The annualized rate is still +7.4%, not +3.6%. With such a labor shortage, I don't see a significant drop in inflation, although the drop in oil is helping offset the pace a bit.
Don't forget, we get the FED meeting next week (Tue/Wed). Consensus estimate of 50 BPS.
YoY = +7.4%
MoM annualized = +3.6% (which is much more accurate for real-time inflation readings - this is where the YoY math is heading)
LOL! Yeah, no tech companies go bankrupt. Sooner or later the willing money supply runs out.
Lucid circling the drain? They are backed with Saudi money, but demand seems to be fading.
www.businessinsider.com
Leaked email reveals Tesla-wannabe Lucid is worried over canceled orders — and will call customers up to 14 times to ask them not to ditch their six-figure EV
Lucid introduced a new protocol to sales employees about approving customer cancellations. It requires them to dial customers multiple times.
www.businessinsider.com
You realize it took Tesla over 15 years to turn profitable. How do you think they raise the capital?LOL! Yeah, no tech companies go bankrupt. Sooner or later the willing money supply runs out.
They raised money in a market without Tesla and all established car companies in the EV game.
Second:
LOL. Shouldn’t it be easier with Tesla? Unless you think Tesla is massively overvalued.They raised money in a market without Tesla and all established car companies in the EV game.
Second:
Also, aren’t you the one buying leverage long Qs? Guess “those companies” won’t go bankrupt. LOLThey raised money in a market without Tesla and all established car companies in the EV game.
Second:
Santa Yellen! Inflation going "much lower". I assume she had a chat with Powell and those Fed members looking to be reappointed soon.
www.cbsnews.com
Treasury Secretary Janet Yellen on recession fears, inflation and the war in Ukraine
The treasury secretary tells Norah O'Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
www.cbsnews.com
Nice day on the eve of the next CPI report:
www.cnbc.com
Dow closes more than 500 points higher to start the week as investors await Fed meeting, inflation data
Wall Street is coming off a losing week, with the consumer price index due out on Tuesday and a rate decision from the Fed on Wednesday.
Investors anticipating (hoping) for a cooler than expected read and getting in ahead of the announcement.Nice day on the eve of the next CPI report:
Dow closes more than 500 points higher to start the week as investors await Fed meeting, inflation data
Wall Street is coming off a losing week, with the consumer price index due out on Tuesday and a rate decision from the Fed on Wednesday.
“Hopefully”? It was correct.. disappointed in you. Thought you would say the anticipation will be correct.
Rule #1 = Don't touch the money
Rule #2 = Especially on TKR (don't tease the jinx)
And CPI will continue to go down and down and down. Its BS lagging shelter metric is still showing significant inflation, but real-time data proves shelter is now negative/deflationary (and has been for several months). CPI may be under 3% by mid 2023 once the shelter math catches up.
Consumer prices rose less than expected in November, up 7.1% from a year ago
The consumer price index was expected to increase 0.3% in November, according to Dow Jones estimates.
Not trying to be a negative Nancy, but I wouldn’t be surprised if the reading and the big market run this morning will cause J. Powell talk tough tomorrow. We might see some leveling off in equities after the pop
Not sure about more tough talk from Powell. He already changed his tune a bit a few weeks ago. With inflation coming down faster than expected, why try to be a hawk now? CPI math is baked. The metric will continue to plummet. Time to start taking credit for the success.
Also, the market seemingly started to ignore the last round of Fed tough talk, especially from the other members. The data rules the day. Tough talk will become just whining and complaining.
However, I'm sure there will be plenty of volatility in the months ahead for various reasons. Markets are never a straight line up or down.
Next Big Event: When will the Fed pause?
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