Elon Musk Claims United States Will Be Bankrupt, Now What?
The US debt now sits at $34 trillion and is growing by about $1 trillion every 100 days. A statistic came out recently that claimed 76% of all personal income tax is now going to service the national debt.
It’s for that reason Musk recently made the claim that the US is headed for bankruptcy.
America is headed for bankruptcy fyi https://t.co/O6FH5BK4aQ
— Elon Musk (@elonmusk) July 26,
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1 Undervalued Healthcare Stock Flying Under The Radar
Molina Healthcare is not widely known among investors but that may be about to change following 15 quarters straight of year-over-year revenue growth and a member base that has grown to approximately 5.2 million across 20 states as of the most recent quarter.
Strategic moves like acquiring My Choice Wisconsin,
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Market Commentary: How Charlie Got So Rich
Despite his fame as Warren Buffett’s right-hand man, Charlie Munger, who recently passed away at 99, maintained a remarkably low public profile, letting his vast wisdom and sharp wit speak through his investments and rare, yet profound, public statements.
Charlie was renowned for his role as the vice chairman of Berkshire Hathaway and his partnership with Warren Buffett,
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Market Commentary: 1 Food Stock That Defies All Odds
Famously, it’s been said that the restaurant business is a horrible one. You have to pay the rent, the staff, the food costs, and keep the lights on, and when you’re done with all that you have to hope your menu is right, the chefs show up each day, and the customers like the food.
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Will Zoom Beat The Market In Next 5 Years?
When the world needed to connect from home, Zoom didn’t disappoint. The video conferencing providers saw numbers skyrocket from 10 million in December 2019 to over 300 million in April 2020. Rocket-ship like growth highlighted Zoom’s capacity to scale and investors couldn’t buy enough of it.
Since then the stock has languished but maybe that’s about to change?
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Read MoreThe Burst
Will This Silicon Valley Darling Topple The Market?
Silicon Valley darling, Salesforce, saw its stock fall 16% following last night’s fiscal Q1 2025 earnings report. Growth moderated to an 11% year-over-year increase, which was the lower end of the guidance and that was enough to spook investors.
Yet the woes continued when full-year revenue guidance of $37.7 billion to $38 billion was reported because it reflected a growth projection of just 8% to 9%.
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Read MoreThe Spotlight
Spotlight: AI + Robotics = 4x Growth
Google. Apple. Amazon. Microsoft. They are all investing in AI but one company you probably have not heard about is Symbiotic, a warehousing automation firm that combines advanced robotics with artificial intelligence.
It’s one of those businesses that’s hard to wrap your head around at first but it’s been a huge hit on Wall Street.
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Read MoreThe Daily
ECB Must Cut Rates Next Month on Poor Economy, Kazaks Says
The European Central Bank should lower interest rates next month, according to Governing Council member Martins Kazaks.
“Of course there will be a discussion, but my conviction is that looking at what’s happening at the moment in the European economy, there has to follow another rate cut already in December,” he told Latvia’s public broadcaster in a television interview on Monday.
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