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With recent turbulent changes on the world stage, it is difficult to predict what may happen. Conflict in the Middle East continues to escalate, while the Horn of Africa faces severe humanitarian crises. The resurgence of left-wing politics in Latin America is met with right-wing opposition, and economic and security challenges in Asia present a shifting landscape. The ongoing conflict between Russia and Ukraine remains unresolve...
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$Affirm Holdings(AFRM.US$ shares slip 1.9% in premarket trading after rival $AFTERPAY LTD SPONS ADS ECH REP 1 ORD SHS(AFTPY.US$ introduces a Buy Now, Pay Later subscription service in the U.S.
Afterpay stock gains 0.9%.
Merchants, including Fabletics, IPSY, BoxyCharm, and Savage X Fenty, will be among the first to offer consumers the option to pay for recurring purchases in installments starting early next year.
The new service allows qualified merchant partners to potentially offer Afterpay for everyday payment needs including gym memberships, entertainment subscriptions, online services and more.
The subscriptions will be available to consumers across online platforms in the U.S. and Australia by early 2022, with plans to extend the feature in-store and to other regions including Canada, New Zealand, the U.K., and Europe.
$PayPal(PYPL.US$, which also has a BNPL service, drops 0.7% in premarket trading.
In August, $Block(SQ.US$ agreed to buy Afterpay for ~$29B in stock.
Afterpay stock gains 0.9%.
Merchants, including Fabletics, IPSY, BoxyCharm, and Savage X Fenty, will be among the first to offer consumers the option to pay for recurring purchases in installments starting early next year.
The new service allows qualified merchant partners to potentially offer Afterpay for everyday payment needs including gym memberships, entertainment subscriptions, online services and more.
The subscriptions will be available to consumers across online platforms in the U.S. and Australia by early 2022, with plans to extend the feature in-store and to other regions including Canada, New Zealand, the U.K., and Europe.
$PayPal(PYPL.US$, which also has a BNPL service, drops 0.7% in premarket trading.
In August, $Block(SQ.US$ agreed to buy Afterpay for ~$29B in stock.
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Made money today
My wife made me my favorite meal
Although the serving size is a bit less
Thank you $NIO Inc(NIO.US$ for today's performance
I can finally stop eating fish
My wife made me my favorite meal
Although the serving size is a bit less
Thank you $NIO Inc(NIO.US$ for today's performance
I can finally stop eating fish
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$Lucid Group(LCID.US$ Lucid Air is a good car, pricey too and Peter Rawlinson is a competent CEO, he is no Elon Musk. And LCID is overvalued, beet of luck to them , the world needs to get off oil, my dough is on $Tesla(TSLA.US$ all others are pretenders for the next 4 years,
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$Palantir(PLTR.US$ Too many value investors criticizing SBC. They don't realize that in tech, if you want to hire the best and brightest, you need to pay them in stocks. If you think that SBC is a problem then sell your shares and go buy something else. Pltr to the moon!
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$AbbVie(ABBV.US$ Upgraded to buy?
Seems a day late and a dollar short if you ask me.
I've held on to my shares of AbbVie ever since it was spun off Abbott Labs on 1/2/13.
I used to think 13 was a bad luck number, but now I'm not so sure.
AbbVie has done nothing but rise in price and raise its dividend ever since it was spun off Abbott Labs.
I received my AbbVie dividend check in the mail a few days ago.
When I saw it, I started to sing: "AbbVie, how I love you, how I love you, my dear old AbbVie."
Seems a day late and a dollar short if you ask me.
I've held on to my shares of AbbVie ever since it was spun off Abbott Labs on 1/2/13.
I used to think 13 was a bad luck number, but now I'm not so sure.
AbbVie has done nothing but rise in price and raise its dividend ever since it was spun off Abbott Labs.
I received my AbbVie dividend check in the mail a few days ago.
When I saw it, I started to sing: "AbbVie, how I love you, how I love you, my dear old AbbVie."
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$NVIDIA(NVDA.US$ What is a reasonable multiple an investor should pay for potentially/probably the biggest economic growth potential in the history of humanity?
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$Alibaba(BABA.US$ As much as I understand a lot of investors are not always open to listen to arguments from the other lair (Bears Vs Bulls), it is mildly entertaining to see how much the market overreacts every time some news comes out. Bad or positive doesn’t matter. The stocks swing wildly up and down before settling on a market consensus. And never ever have I seen that the market reacts appropriately to some news. One can always earn money on these swings if you see it coming and prepare. Yes there is risk for BABA, but the company is still worth something and a lot less risky that many other companies so what is a fair price? Meanwhile $JD.com(JD.US$ which is in the same business as BABA only smaller and has a slightly different business model (more similar to $Amazon(AMZN.US$) is doing great. If the Chinese consumer spending is going down I don’t understand why only BABA should hurt, and if it’s not perhaps the fear of china’s version of state capitalism is blown out of proportions. I doubt anyone (China or the US) want to see BABA fail.
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$SoFi Technologies(SOFI.US$ Buying a financial company that makes no money. Wild.
You have to really be bad at what you are doing to not make money in the financial industry, saying that as someone involved. If you aren't making money it's because you don't know what you're doing.
The excuse people will want to give is that they are investing in technology. Technology for what? They aren't making money, so therefore technology isn't warranted. They need to understand what they actually do before expanding and doing anything else.
Willing to bet their investor base also has absolutely no understanding of what they're investing in.
You have to really be bad at what you are doing to not make money in the financial industry, saying that as someone involved. If you aren't making money it's because you don't know what you're doing.
The excuse people will want to give is that they are investing in technology. Technology for what? They aren't making money, so therefore technology isn't warranted. They need to understand what they actually do before expanding and doing anything else.
Willing to bet their investor base also has absolutely no understanding of what they're investing in.
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