https://www.cnbc.com/2023/06/30/pce-inflation-may-2023-.html
Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released Friday.
The personal consumption expenditures price index, a number closely watched by the Federal Reserve, increased 0.3% for the month when excluding food and energy, a number tha
As you already know, Apollo/RIF is shutting down tonight (or already have by the time you read thsi), but you can still access reddit on desktop & mobile web https://www.reddit.com/ and old reddit at https://old.reddit.com/ or you can just switch to the official mobile (iOS) app
This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.
Some h
Pure noob here, there's something I'm having a hard time understanding.
Assuming I buy a stock $100 and I'm planning to invest in that same company regularly on the long run because can't buy 20 stocks at once.
Let's say this stock is worth $110 about 4 months later and I have fresh cash to invest. Is it a good idea buying this same stock at $110 again ? Wouldn't that be totally counterproductive towards the gains I already
I think I’ve found something a little hidden, but wanted to test my hypothesis with some of the more experienced investors on here. We all know the value of data - and now big data. Google has a market cap of $1.51 trillion. Bloomberg pulled in $12.2 billion in revenue in 2022. Palantir which builds software to integrate data has a market cap of $29 billion and a more palatable 15x p/s multiplier than when they IPO’d Or how about Alterxy which has an impossibly
I learned the hard way that everyone is a genius in a bull market. People like Larry Jones, Chris Sain, Stock Curry, and Stock Moe seemed incredible in 2020/2021 but their older videos don’t age well at all. If I had just did the opposite of everything they said I would have made more money
I’m wondering if this was everyone else’s experience with the people you subscribed to back then? Where do you all get your stock market news and analysis today?
Yesterday WBA had a shit earnings report with eps miss and lowered their total eps guidance:
Walgreens cut its full-year adjusted earnings per share guidance to a range of $4.00-$4.05 from a range of $4.45-$4.65.
WBA got downgraded too by Deutsche bank.
Price fell below m
Anyone have any good recommendations for free (or cheap if the value is there) research tools. I currently use the stock screener via my Fidelity account, ETFRC, portfolio visualizer, investopedia research/screener, have briefly looked at seeking alpha (seems like the best all in one paid service) and looking into Qualtrim. M1 finance seems to have some unique tools, I'm considering moving my small taxable account there just to get access to them
One
Hi all
To what extent is CVNA a meme stock? The fundamentals don’t look great and the product seems good on paper but highly sensitive to economical shock.
May I ask how did this stock get into the 300-400s valuation ? And finally would you put some fun money in the hopes of rolling a good profit?
Thank you
While the company has had a miserable slog over the past decade+, there has been a major move to reorganize and turn the company around. BlackBerry just posted positive quarterly earnings of $.06 which beat estimates and revenue of over $300mm which beat estimates by more than $200mm.
There is no doubt a long road ahead but could this be a sign of a pivot finally taking place and a path towards sustained profitability and revenue growth?