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Tesla plans to spend $3.6 billion more on battery and truck manufacturing in Nevada
$Tesla(TSLA.US$ plans to spend $3.6 billion more on expanded battery and heavy duty truck manufacturing in Nevada, the company said Tuesday on social media.
According to its public statements, Tesla intends to hire 3,000 more people across two new facilities eventually.
It wasn’t immediately clear whether Tesla’s plans expand the company’s manufacturing footprint beyond the property it is already developing o...
According to its public statements, Tesla intends to hire 3,000 more people across two new facilities eventually.
It wasn’t immediately clear whether Tesla’s plans expand the company’s manufacturing footprint beyond the property it is already developing o...
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Google CEO defends job cuts in animated town hall as employees demand clarity on process
$Alphabet-C(GOOG.US$$Alphabet-A(GOOGL.US$ Pichai said he consulted with the founders and controlling shareholders, Sergey Brin and Larry Page, as well as the board of directors.
Pichai said 2021 marked “one of the strongest years we’ve ever had in the history of the company,” with 41% revenue growth. Google increased head count to match that expansion, and Pichai said the company was assuming growth would persi...
Pichai said 2021 marked “one of the strongest years we’ve ever had in the history of the company,” with 41% revenue growth. Google increased head count to match that expansion, and Pichai said the company was assuming growth would persi...
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NYSE says it will cancel some early trades after technical issue led to halts for over 200 stocks
Trading in more than 200 stocks on the New York Stock Exchange was briefly halted shortly after the market opened Tuesday due to an apparent technical issue, and many abnormal early trades will be canceled.
The major names impacted included $Morgan Stanley(MS.US$ , $Verizon(VZ.US$ , $AT&T(T.US$ , $Nike(NKE.US$ and $McDonald's(MCD.US$ , according to the NYSE's website. Many stocks were shown to...
The major names impacted included $Morgan Stanley(MS.US$ , $Verizon(VZ.US$ , $AT&T(T.US$ , $Nike(NKE.US$ and $McDonald's(MCD.US$ , according to the NYSE's website. Many stocks were shown to...
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Apple Stock: Will The Mac Save The Day In Fiscal Q1?
$Apple(AAPL.US$ stock has a steep hill to climb this earnings season, given the many headwinds in the holiday period. But could the Mac segment look better than feared and save the day in Cupertino?
Apple’s Mac: Sectorwide Headwinds
Those that have been following the Apple Maven’s preview of the Cupertino company’s earnings day must have already noticed the pattern. Fiscal Q1 should be a rough holiday quarter for CEO Tim Cook & Co.
Pressuring...
Apple’s Mac: Sectorwide Headwinds
Those that have been following the Apple Maven’s preview of the Cupertino company’s earnings day must have already noticed the pattern. Fiscal Q1 should be a rough holiday quarter for CEO Tim Cook & Co.
Pressuring...


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Why Microsoft Rallied Today
$Microsoft(MSFT.US$ were rallying above the market today.
So what
It has only been a little more than a month since OpenAI's ChatGPT chatbot was unveiled to the public. But since then, it's taken the tech world by storm. After investing $1 billion in the OpenAI back in 2019, in recent days, Microsoft has been rumored to be pursuing a much larger deal with the ChatGPT parent.
According to the rumored terms of the potential follow-on investment, Microsoft would invest ano...
So what
It has only been a little more than a month since OpenAI's ChatGPT chatbot was unveiled to the public. But since then, it's taken the tech world by storm. After investing $1 billion in the OpenAI back in 2019, in recent days, Microsoft has been rumored to be pursuing a much larger deal with the ChatGPT parent.
According to the rumored terms of the potential follow-on investment, Microsoft would invest ano...
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Apple’s App Store growth is slowing down
On Tuesday, $Apple(AAPL.US$ said it has paid $320 billion to developers, up from $260 billion as of last year, a jump of $60 billion. Developers receive between 70% and 85% of gross sales, depending on if they qualify for Apple’s reduced rate.
If all developers paid a 30% cut to Apple, Apple’s App Store grossed more than $85 billion in 2022, based on a CNBC analysis. If Apple’s commissions were all 15%, the App Store’s estimated gross would come in lower...
If all developers paid a 30% cut to Apple, Apple’s App Store grossed more than $85 billion in 2022, based on a CNBC analysis. If Apple’s commissions were all 15%, the App Store’s estimated gross would come in lower...

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How to analyze an income statement in less than 2 minutes:
The income sheet is one of the three major financial statements.
It shows a company’s:
Revenue (Sales)
Expenditures (Costs / Expenses)
Net Income (Earnings, Profits)
Over a period of time.
Management teams have leeway in categorizing their income statement.
This means that not all income statements look the same.
Here is a typical layout and the meaning of the most commonly used terms:
Income statement answers two big questions:
...
It shows a company’s:



Over a period of time.
Management teams have leeway in categorizing their income statement.
This means that not all income statements look the same.
Here is a typical layout and the meaning of the most commonly used terms:
Income statement answers two big questions:




+5
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iPhone Exports from India Double to Surpass $2.5 Billion
$Apple(AAPL.US$ exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the US tech giant is accelerating a shift from China with geopolitical tensions on the rise.
Apple’s contract manufacturers currently make iPhones at plants in southern India. But production in the country is just beginning. About 3 million of the devices were made in India in 2021, ...
Apple’s contract manufacturers currently make iPhones at plants in southern India. But production in the country is just beginning. About 3 million of the devices were made in India in 2021, ...

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MSFT, in talks to invest $10 billion with OpenAi.
Microsoft, $Microsoft(MSFT.US$ , in talks to invest $10 billion with OpenAi, per Reuters.
Semafor recently just reported that the funding amount may total $29 billion.
OpenAi has done multiple ventures, most recently ChatGPT and Dall-E 2.
OpenAi has stated its goal is developing friendly AI in a way that benefits AI as a whole. It was foudned by Sam Altman, Elon musk, and others, who collectively pledged $1 billion in 2015.
Musk stepped down in 2018...
Semafor recently just reported that the funding amount may total $29 billion.
OpenAi has done multiple ventures, most recently ChatGPT and Dall-E 2.
OpenAi has stated its goal is developing friendly AI in a way that benefits AI as a whole. It was foudned by Sam Altman, Elon musk, and others, who collectively pledged $1 billion in 2015.
Musk stepped down in 2018...

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$Amazon(AMZN.US$ has the potential to exceed analyst expectations in the 1st half of 2023 through a series of beat and raise quarters which could lead to price target increases. AMZN is going to be a low-margin business, but it needs all of its sectors to be profitable for the stock to rebound. I am bullish on AMZN because the market is discounting how impactful the easing macro will be on overall operating expenses over the next six months. Suppose inflation continues to decline and commodi...
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