QQQ FTW!
*Investors Blog*
- Thread starter Warstud
- Start date
The stock market is about the future value of a stock. I can tell you one thing, AI is the future. Oh yeah, and the Chip and Science Act...
A day trader's wet dream, or nightmare if not good at it ... LoL.
I don't know what that is. I have options, RSUs and grants.
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Go big or go home. My old company, Lam Research. I started in the early 1990's.
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I wasn't aware of that . I wonder how well those other areas of the business are doing .
The financial and banking end of it is doing very well. Apple Pay has really picked up steam in the past few years after a slow start. Healthcare is the really big one to watch. Their Apple Watch has taken on many new features like checking for abnormal heart rhythm for example. They are working on a blood glucose monitor function for the watch that could revolutionize testing for diabetes. My iPhone keeps track of my walking distance and also how I walk. It alerted me a while back that I was as risk for a fall due to my walking stability. It offered exercises to help counteract that. As of now I have improved greatly and am back in the safe zone. Falls for seniors are a big concern.
Some more stuff described here as part of Apple’s development into apps and research for disabled people.
https://www.apple.com/newsroom/2023...al-voice-and-more-new-accessibility-features/
Also, I had read somewhere that the FDA has approved an Apple Watch app for Parkinson’s patients.
https://www.apple.com/newsroom/2023...al-voice-and-more-new-accessibility-features/
Also, I had read somewhere that the FDA has approved an Apple Watch app for Parkinson’s patients.
Earnings were forecasted to come in at $2.57 a share but instead came in at 72¢ a share. A huge miss. The usual excuses of supply chain and such were reported.
Not all that long ago this was a $225 stock. Now it’s $76.
https://finance.yahoo.com/news/adva...slashing-guidance-and-dividend-151313097.html
Advance Auto Parts tanks 33% after slashing guidance and dividend
Having posted that, I'm still not sure why revenues are down.
Part of that might be related to ownership. Who owns AAP?
Institutional Owners[3]
- Vanguard Group Inc
- BlackRock Fund Advisors
- Barrow, Hanley, Mewhinney & Strauss
- State Street Corp
- Starboard Value LP
No more Oil Deals from AAP. Lol
Thats a huge miss in a stable retail sector where your competitors recently beat expectations.
I wonder what part of the story hasn't surfaced yet.
Messageboards blame the CEO (who is departing) and debt. For this type of drop in a single day I would expect accounting issues, or something.
You have to figure with new cars and trucks still selling at such a premium, older cars and the parts that keep them running would still be in high demand. For their earnings to drop that much in this market indicates there is more bad news to come. SC Maintenance nailed it.
They wont admit it but it looks like Warren Buffet and Charlie Munger are hoarding cash. aka Market Timing
https://finance.yahoo.com/news/billionaire-charlie-munger-reveals-reason-173323015.html
https://finance.yahoo.com/news/billionaire-charlie-munger-reveals-reason-173323015.html
He can't be any more clear about it. When people say something plainly, in the absence of contradicting evidence, it's best to take them at their word.
"Yet he acknowledged that Berkshire Hathaway is sitting on billions of dollars in cash. The reason isn’t that Buffett and Munger think they can wait for stocks to get even cheaper — the wager known as “timing the market.”
Instead, Munger said bluntly that Berkshire isn’t buying anything “because there’s nothing we can stand buying.”
