Xkid
voted
Twitter Subpoenaed Morgan Stanley, Bank of America, in Musk Fight
$Twitter (Delisted)(TWTR.US$ subpoenaed records from $Morgan Stanley(MS.US$ and other financial firms as part of its legal fight with Elon Musk over his canceled $44 billion acquisition of the social media platform.
Morgan Stanley was Musk’s chief financial adviser on the proposed deal and pledged up to $5.5 billion in financing. In a series of subpoenas posted Monday in Delaware Chancery Court, Twitter also sought documents from $Bank of America(BAC.US$ , Barclay...
Morgan Stanley was Musk’s chief financial adviser on the proposed deal and pledged up to $5.5 billion in financing. In a series of subpoenas posted Monday in Delaware Chancery Court, Twitter also sought documents from $Bank of America(BAC.US$ , Barclay...
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Xkid
voted
Bull case vs Bear case
I wanted to create a list of all the current Bull vs Bear conditions in the current market, and figured I would post it here so people could add in suggestions:
Bull Case
A good amount of damage has been done in markets this year, bringing things down to fair/under valued (based on TTM and Forward EPS estimates).
Commodities look to have peaked, along with interest rate expectations, thereby signaling peak inflation (which is what started this whole thing).
The job market ...
Bull Case
A good amount of damage has been done in markets this year, bringing things down to fair/under valued (based on TTM and Forward EPS estimates).
Commodities look to have peaked, along with interest rate expectations, thereby signaling peak inflation (which is what started this whole thing).
The job market ...
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Xkid
voted
Apple to Slow Hiring and Spending for Some Teams Next Year
$Apple(AAPL.US$ plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn, according to people with knowledge of the matter.
The decision stems from a move to be more careful during uncertain times, though it isn’t a companywide policy, said the people, who asked not to be identified because the deliberations are private. The changes won’t affect all teams, and Apple is still planning...
The decision stems from a move to be more careful during uncertain times, though it isn’t a companywide policy, said the people, who asked not to be identified because the deliberations are private. The changes won’t affect all teams, and Apple is still planning...
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Xkid
voted
Singapore Airlines: Can SIA fly higher?
Singapore Airlines $SIA(C6L.SG$ shares has rallied 1.7% since it reported June 2022 operating results.
The airline group’s stock has been in an uptrend in the last one month, increasing roughly 3.5% since 20 June 2022.
On a year-to-date basis, SIA shares are up by 5.8%.
The SIA Group carried a total of 1.94 million passengers in June 2022, an increase of 13.7% from the previous month.
The airline group’s stock has been in an uptrend in the last one month, increasing roughly 3.5% since 20 June 2022.
On a year-to-date basis, SIA shares are up by 5.8%.
The SIA Group carried a total of 1.94 million passengers in June 2022, an increase of 13.7% from the previous month.
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Xkid
voted
Why Singapore attracts so many wealthy immigrants?
Singapore is becoming increasingly popular with global high net worth individuals, with a new survey predicting that 2,800 millionaires will relocate to Singapore from around the world this year. The number up more than 70% from about 400 at the end of 2020.
According to Henley & Partners Report, a large number of rich people will move to other regions due to reasons such as war or policy changes, with 2,800 millionaires expected to move to Sing...
According to Henley & Partners Report, a large number of rich people will move to other regions due to reasons such as war or policy changes, with 2,800 millionaires expected to move to Sing...
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Xkid
voted
Elon Musk Can't Stop Loving This Drink: 'Don't Care If It Lowers My Life Expectancy'
$Tesla(TSLA.US$ CEO Elon Musk on Thursday professed his love for Coca-Cola Co's $Coca-Cola(KO.US$ sugar-free carbonated drink Diet Coke.
"Diet Coke is amazing," 50-year-old Musk wrote in one post, adding that he especially loves the soda fountain version served at movie theaters along with "salt & butter popcorn."
"I don't even care if it lowers my life expectancy," Musk wrote in the same thread.
Musk...
"Diet Coke is amazing," 50-year-old Musk wrote in one post, adding that he especially loves the soda fountain version served at movie theaters along with "salt & butter popcorn."
"I don't even care if it lowers my life expectancy," Musk wrote in the same thread.
Musk... 23
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Xkid
commented on
Xkid
voted
Beaten-down software names such as Microsoft are attractive buys now, Goldman Sachs says
Beaten-down software names such as $Microsoft(MSFT.US$ are attractive buys now, $Goldman Sachs(GS.US$ says. This year's market pullback has created buying opportunities in the beaten-down software industry, and Goldman Sachs said some companies with strong long-term fundamentals could see a big rebound.
The tech-heavy $Invesco QQQ Trust(QQQ.US$ has fallen 23.39% so far this year. Do you agree with Gold...
The tech-heavy $Invesco QQQ Trust(QQQ.US$ has fallen 23.39% so far this year. Do you agree with Gold...
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Conventional wisdom say buy the dip but prices keep dropping and no one knows when it will recover.
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Xkid
voted
The broad stock market could be heading towards a sizable correction. If the $S&P 500 Index(.SPX.US$ S&P 500 dips another 10% from here, what do you think happens to $Apple(AAPL.US$ stock?
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