Not predicting zero…but I wouldn’t be shocked if the big tech companies (MSFT and Google are already in the space) eat into their mkt share. Plus they don’t seem like they’d ever be an acquisition target since I don’t think their actual technology is much different/better than others. I mean some of their competitors are just one upgrade away from doing damage.
This was talked about on a recent "what are your thoughts" and the opinon there was the MSFT and GOOGL products were terrible. Those guys weren't exactly in love with the ZM product, but they much preferred it to the competition.
We are a MS Teams company, but many of our vendors use ZOOM so I routinely use both. ZOOM is a much better video platform, but Teams is so much more functional (where you can share documents/files and have chats would imbedded images). Teams is a work flow tool.
This. And MSFT having a 20% market share with an inferior product is an amazing success. Just wait for the AI upgrade…🤷♂️
NVDA to the MOON! I still believe it will be the first $5T stock (say 3-5 years).
I kind of feel it needs to sell off, but the fundamentals suggest it shouldn't, and I figure it won't to any serious degree.
I think ENPH goes lower due to high lending rates (which is what they have warned for a few quarters). These systems are expensive and customers need to financial purchases. Once the official "we are done" from the Fed, ENPH starts to crank.
If you look at the chart (Mark Newton did a great video last night for FSI members) it shows NVDA has consolidated quite a bit between earnings. Even the greatest stock in the world needs a breather. Remember, NVDA bottomed at $108 last year. It got well into the $500s in extended. That's a crazy move even if justified.
Probably need to hear about cuts, which aren't imminent. But we know the market looks fwd.
ENPH is on my watchlist for a possible LEAP call play. I have a nice RIVN LEAP position and also tracking DIS and PSNY for the future.
Collins does not vote, this year. In any case, today she said: "We may need additional increments, and we may be very near a place where we can hold for a substantial amount of time."
Goolsbe say no more hikes as well. Sounds like cuts coming in early 2024!
Powell just said the opposite at Jackson Hole.
Powell just said new rate hikes are "possible", but inflation is coming down nicely and they have to balance the risk/benefit. Pretty much the same ho-hum language for the past few months. Nothing new.
We don't need 1% rates. I believe the promised land for the market is the Fed moving back to a neutral position (likely 2.5% to 3.0%). The market can thrive at that level.
No? That's what the market is hoping for over the next year or two and it's realistic since inflation is already so low.
Powell Signals Fed Will Raise Rates If Needed, Keep Them High
CPI Headline YoY = 0.5%
Disney is pathetic now. Trying to cram their agenda into movies and it’s pissing people off. Get back to neutral programming and it will be fine again. The new Snow White situation is not helping.
I think DIS will make a comeback, but who knows when that will start. Lots of work to do. I'm monitoring.
I'm hoping their Snow White chaos is the turning point. Just make good movies and cut the political nonsense. Their bottom line is suffering.
Park business is booming. They just need to up the investment and increase capacity with new rides and lands. Reevaluate movies and D+ shows, quality over quantity.
Disney should have been toast during and after COVID but all the retail traders piled in while studio shut down, cruise ships were docked, parks closed, and streaming D+ was losing money. The stock never should have gone anywhere but down. Finally folks realize the problems.
Have to think the parks are a drop in the bucket compared to movies, streaming, etc. Them having to dump Barsrool when acquiring Penn shows they are still agenda driven
Agreed, saw an interview with the girl who plays Snow White she belongs in a straitjacket. They have gotten to political with things. They need fresh ideas and materials. Hoping for the best
I believe movies/streaming generate more revenue, but parks provide more profit.
I simply do not understand what companies like Disney think they are accomplishing under the guise of “inclusivity”. Snow White will tank compared to what the remake could
They live in the Hollywood bubble. This is "normal" to them. Sometimes Real American needs to smack them in the face and serve as a wake up call. Based on recent Iger comments, he may be getting the message. We shall see!
