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Only exception Male ID: 71649037
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    Deposited another $210. The whole last week I was thinking why do I / other people invest in US shares, and could not find an answer… As an investor, i want to receive return on my investments, but average dividend income is only around 3% (hmm not much 🤔). ChatGPT and other people may say that in average US market grow around 7-10% (depending on different source of information). Well, maybe whole market is growing, but shares of any individual company, not sure… they may grow...
    Investments #25/364
    Investments #25/364
    Investments #25/364
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    The Bank of Canada kept interest rates at five per cent on Wednesday, its sixth consecutive hold since the last increase in July 2023. But governor Tiff Macklem said a June cut was “within the realm of possibilities.”
    At a news conference after the decision, Macklem said central bankers are confident in the inflation progress they’re seeing and have seen since January, but they need to see it f...
    After Holding Rates Steady for the Sixth Time, Will the Bank of Canada Make Its First Rate Cut in June?
    After Holding Rates Steady for the Sixth Time, Will the Bank of Canada Make Its First Rate Cut in June?
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    Only exception reacted to and commented on
    $SPDR S&P 500 ETF(SPY.US)$ $Bitcoin(BTC.CC)$ Where do folks think investing money is going to end up? Gold? Bitcoin? Under a mattress? At Bank of America earning 0.25%???
    The Fed can't meaningfully raise rates because the economy is now forever broken. 50 years of deficit spending, money printing, wars, raiding the alleged Social Security trust fund, an unintentional UBI experiment, and a new rush to spend trillions before the mid-terms mean that there's no alternative.
    If the Fed raised rates to 5% the interest on the national debt would eat 30% of the annual federal budget. It can't happen. The Fed can't raise rates much more than 1%.
    The "bubble" is is the new normal.
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    Meme coin Shiba Inu continues drifting lower from its all-time high of $0.00008 in October as "crypto markets are currently in a risk-off mode following the new highs made by bitcoin and ether [about] two weeks back," blockchain analytics firm Nansen told CoinDesk via written response.
    SHIB tokens dip 10% to $0.000038 per coin intra-day.
    Shiba's market cap of $20.7B falls from just over $40B towards the end of October, pulling its market cap ranking down to 13th place, with Crypto.com Coin just above at 12th, according to data from CoinMarketCap.
    Perhaps the coin's decline is due to a rising number of wallets with substantial holdings that have reduced their SHIB positions recently, possibly due to taking profit, Nansen tells CoinDesk.
    So-called whale transaction counts, the number of SHIB transactions valued at more than $100K, have been increasing since the start of November, which could imply a rise in near-term selling pressure, CoinDesk notes, citing data from Santiment.
    Meanwhile, $Bitcoin(BTC.CC)$ and $Ethereum(ETH.CC)$ also drift lower.
    $Dogecoin(DOGE.CC)$, the 10th largest crypto, extends losses and is down nearly 9% this week.
    Previously, (Nov. 22) Shiba Inu tokens extend losses as retail frenzy eases.
    Shiba Inu market cap rank pulls back to 13th place amid selling pressure
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    $Netflix(NFLX.US)$ Imagine a train doing 100 mph and the train next to it doing 40 mph. Then a year later the first train is doing 80 mph while the train next to it is joined by six other trains all doing various speeds of 10-25 mph.
    Yes, Netflix's growth is slowing but still miles and miles ahead.
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    $Zoom Video Communications(ZM.US)$ might have been the poster child for tech companies that saw business boom during the Covid-19 pandemic as millions of employees worldwide fled their offices and began working at home. And that need for reliable communications technology in order for people to do their jobs drove demand for Zoom's (ZM) services so much that on Oct. 19, 2020, the company's stock price hit an all-time high close of $568.34 a share.
    What a difference a year makes.
    On Tuesday, Zoom's (ZM) shares plunged more than 16%, to around $200 a share. At that price, Zoom's market cap of $59.6 billion has fallen by approximately $77 billion over the past 13 months.
    Zoom (ZM) suffered from a case of the company not being able to win for losing. The issue was Zoom (ZM) forecasting more growth ahead, but not at the levels that have driven its business over much of the last two years.
    The company said that for its current, fiscal fourth quarter, it expects revenue to grow just 19% over the same period a year ago, to between $1.051 billion $1.053 billion. That growth forecast looks even more striking when noting that it is barely higher than the $1.051 billion Zoom (ZM) reported for its third quarter, which was 35% higher than year-ago period.
    It's no surprise what's behind Zoom's (ZM) growth issues. More companies are planning on having their employees returning to the office on at least a part-time basis in early 2022. This could, in theory, result in less usage of Zoom's (ZM) video services since workers would be meeting more often in person. Just last week, Apple (NASDAQ:AAPL) said its employees would begin coming back to company offices starting Feb. 1.
    Speaking on a conference call on Monday, Zoom Chief Financial Officer Kelly Steckelberg acknowledged some of the issues the company expects to face in the coming year.
    "We're still having these online customers which are the most volatile [and] many of them are still on monthly contracts," Steckelberg said. "And as they are adjusting to the environment and figuring out how the future of work is going to be for them individually, We expect that to be the challenging headwind."
    The number, and quality of Zoom's (ZM) customers raised some questions on Wall Street. For example, the company said that for its third quarter, it had 512,000 customers with more than 10 employees, an 18% increase from the third quarter a year ago.
    However, Bank Of America Securities analyst Brad Sills noted that number of customers rose just 1% from the second quarter of this year, which Sills said was "a record low" for quarter-over-quarter growth.
    Sills cut his rating on Zoom's (ZM) to neutral from buy, saying that "a broader slowdown in both new customer growth and expansion activity, and still heightened online [customer] churn provide little certainty as to the bottom for [customer] growth."
    At Wells Fargo, analyst Michael Turrin left his equal weight rating on Zoom's stock unchanged, but cut his price target to $245 a share from $275. Turrin also said that the issues surrounding Zoom's (ZM) growth prospects are likely to linger well into 2022.
    "We expect these headwinds to weigh on results over the next several quarters, keeping [Zoom] shares range-bound until clearer signs around what's next for Zoom post [its] hyper growth [to] emerge."
    Still, not all views on Zoom (ZM) were completely negative. Mizuho Securities analyst Siti Panigrahi cut his price target on Zoom's stock to $300 a share from $350, but made no change to his buy rating. Panigrahi said that while Zoom's (ZM) post-pandemic growth profile "remains somewhat unclear", the company's Zoom Phone, Zoom Rooms and Video Engagement center "remain integral to hybrid work environments" for the foreseeable future.
    "Zoom sees continued growth in enterprise offsetting the online segment amid continued adaptation to hybrid work norms," Panigrahi said. "We continue to expect online to decline as a percentage of revenue amid post-pandemic normalcy and greater enterprise [market] penetration."
    In search of a new source of revenue, Zoom (ZM) recently said it would start running ads on its free, basic video service.
    Zoom shares plunge as company faces big growth issues in 2022
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