I cannot imagine that no one has asked this already... but I can't find it, so here it goes: Suppose I have a number of shares of Alibaba, and the company splits into 6 separate parts. What happens to my current share? If that is not known yet, what is likely to happen?
Another question. Suppose I just hold onto my share, and the other IPOs become available alongside the regular share. What do I gain from that split?
It even seems disadvantageo
Yield curve inversion reached a multi-decade record on Tuesday as the spread between the U.S. 10-Year Treasury yield (US10Y) and the U.S. 2-Year Treasury yield (US2Y) reached 97 basis points. This represented the widest gap the curve since the early 1980s.
It’s a weird time in the markets. The data is saying a recession in the next 6-24 months but who really knows.
This also could be a very mild recession or none at all. The Fed seems like they c
As an ex-employee, I have several thousand vested SNAP shares that are not currently doing much for my portfolio (they’re actually dragging it down).
My average share price is $25.95.
Over the last few quarters, the company’s prospects do not seem very favorable and so I’ve begun thinking about selling them and reinvesting into an ETF.
What are your thoughts on this? The shares are basically free, so I’m not at a material lost, and despite
Alibaba ($BABA) U.S.–listed shares fell 2.3% after the China e-commerce giant announced CEO Daniel Zhang was stepping down and will be replaced by Eddie Wu, one of Alibaba’s co-founders. The move follows the company’s announcement in March it was restructuring its business into six business groups.
Atmus Filtration Technologies Shares ($ATMU) of the air filtration company rose more than 2% after a slew of analysts initiated coverage with bullish ratings,
Cathie Wood and her Ark Invest firm cashed in a portion of their Tesla (TSLA) stock holdings Friday with the EV giant hitting eight-month highs and up around 28% in June. Meanwhile, Tesla is ramping up end-of-quarter vehicle delivery incentives.
Cathie Wood's Ark Investment Management sold 73,113 shares of Tesla Friday for around $19.05 million, based on TSLA's closing price of 260.54. Friday's Tesla sell-off was done through ARK Innovation ET
Lots of hype lately about the NACS plug standard adoption. Yes, it’s a good thing to have one type of plug across most/all cars. Yes, it will potentially generate more revenue for Tesla by increasing demand at super charger stations. However, I am seeing incredibly high $billion dollar revenue numbers getting thrown around like candy. Knowing the realization of this NACS adoption is years away and that Tesla has something like 17000 stations in the USA, let’s do
These daily discussions run from Monday to Friday including during our themed posts.
Some helpful links:
- Finviz for charts, fundamentals, and aggregated news on individual stocks
- Bloomberg market news
- StreetInsider news:
- Market Check - Possibly why the market is d
Not sure if this is the correct forum for this discussion, but how do you all avoid FOMO from such huge rallies?
I bought a lot of TSLA on margin at $160 and sold most of my shares at $250. I thought I made out like a bandit. It was the best trade of my life. I used the profits to pay taxes, go on a backpacking trip, close the margin account, and become totally debt free (aside from the mortgage.)
Honestly it improved my life significantly.
The world of artificial intelligence (AI) these days is overwhelmingly dominated by discussions on generative AI and its implications. Simply put, generative AI is a form of machine learning through which AI software can produce text, video, images, and more. Basically, generative AI can produce any form of content on the basis of prompts. This form of AI became more widespread and renowned after the launch of ChatGPT and similar generative AI platforms, which r