McFinance

What a boring half time show!
Thoughts ?

12.02.2024 01:35 — 👍 0    🔁 0    💬 0    📌 0

Jay Peak - Amazing skiing conditions today!!

15.01.2024 22:55 — 👍 3    🔁 0    💬 1    📌 0

Crypto’s promise was to bypass big financial institutions, yet it’s ironic how enthusiasts now welcome backing from those very banks.

11.01.2024 19:37 — 👍 1    🔁 0    💬 1    📌 0

How new inflation numbers complicate the Fed's next move on rates A new reading on inflation out Thursday offers another challenge to investor expectations of a Federal Reserve rate cut in March.

Inflation increased more than expected in December, signalling possible delays in the expected rates cuts by the feds and dragging the market lower.

CPI : 3.4% (Est. 3.2%)
Increasing most : Shelter (6.2%)
Decreasing most : Energy (-2.0%)

11.01.2024 19:13 — 👍 5    🔁 0    💬 0    📌 0

Alibaba’s Stock Buybacks Rise in 4th Quarter to $2.9 Billion; Investors Want to See More The Chinese e-commerce giant bought back $9.5 billion of stock during 2023, a net reduction of 3.3% of its shares outstanding.

Alibaba: A Dirt Cheap Buy.

Despite double-digit top/bottom growth the stock is down to 72$ (320$ in 2020), implying a 9X 2024 P/E. Morningstar’s Wide Moat rating for BABA implies a 20+ years of competitive advantage. Furthermore with over $20B annual FCF, BABA is aggressively repurchasing shares.

11.01.2024 18:24 — 👍 3    🔁 0    💬 0    📌 0

Hertz Alert: Management's decision to sell 20K EVs highlights renewed cost challenges and sends contradicting messages to investors about their 2024 EV transition goal.

11.01.2024 13:38 — 👍 6    🔁 0    💬 0    📌 0