Is $1 Trillion in Tesla Annual Profits Possible?
Tesla may trade as a stock but it has the hallmarks of being a call option. That’s because the company holds under its umbrella one of the most advanced AI systems on planet earth. And now that – thanks to OpenAI – the general public has become aware of what AI can do, it’s arguable that Tesla is substantially underpriced because it can leverage that AI in so many other areas. » Read more about: Is $1 Trillion in Tesla Annual Profits Possible? »
Read MoreIs This Buffett Favorite A Screaming Buy?
If you listened to the mainstream financial news networks, you would be forgiven for thinking that a softening economy, higher inflation, and rising interest rates had crushed the consumer and that spending was on the verge of a titanic plunge. But if that’s all true why is Visa down by a small single digit percentage for the year while the S&P 500 is down almost 3x as much?
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Read MoreCathie Is Betting This Stock Can Pop 9x
When Cathie Wood forecast that Tesla would rise to within spitting distance of becoming a trillion dollar company, its market cap was just 6% of that target. In 2018, the prediction seemed outlandish yet just 3 years later Tesla had reached a market capitalization of $1.2 trillion.
Now Cathie is out with another similarly wild prediction: Roku will rise by more than 9x and hit $605 by 2026.
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Read More3 Passive Income Energy Stocks To Buy Now
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Read MoreIs Last Friday’s 10.99% Gain Just The Start?
A few weeks ago we wrote an article titled Is This Space Stock Set To Blast Off, which featured Planet Labs. Fast forward to last Thursday’s earnings report, and Friday’s trading action, which resulted in a 10.99% one-day gain and it seems fair to say Planet may be on the cusp of escaping gravity soon.
» Read more about: Is Last Friday’s 10.99% Gain Just The Start? »
Read MoreThe Burst
Got $1,780? Is This The Best Investment In 2024?
Retail investors are conditioned to focus on gains but those who have been around the block and made a fortune focus first on downside risks.
That focus is one of the reasons why so many buy Berkshire Hathaway. After all, when the stock market fell by 20% in 2022, Berkshire treaded water and essentially stayed flat.
» Read more about: Got $1,780? Is This The Best Investment In 2024? »
Read MoreThe Spotlight
FAANG Is Dead, Here’s Why
It wasn’t long ago Meta had a trillion dollar market capitalization. Zuckerberg’s empire spanned social media giants Facebook and Instagram, as well as Whatsapp and Oculus. Then TikTok came along and everything changed.
A few years ago the only platform that could claim a billion monthly active users was Facebook, but by January of this year TikTok had eclipsed this threshold and a full 3 billion users have installed the app.
» Read more about: FAANG Is Dead, Here’s Why »
Read MoreThe Daily
Mutual funds use inflows to stuff another Rs 17,300 crore in their cash bag
Amid rise in equity markets and slowing equity inflows, the cash pile of mutual funds has increased by Rs 17,361 crore on a monthly basis to Rs 2.23 lakh crore in April from Rs 2.05 lakh crore in March.
The cash allocation as a % of total AUM was 5.86% in March which went up to 6.12% in April.
» Read more about: Mutual funds use inflows to stuff another Rs 17,300 crore in their cash bag »