Independent thinking for complex markets and current events
Salesforce shares plummeted 16% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Here’s how the company did, compared with the LSEG consensus: Earnings: $2.44 per share, adjusted, vs. $2.38 per share expected Revenue: $9.13 billion, vs. $9.17 billion expected Salesforce called for …
Over the last five years, the FTSE 100 is up 15%, compared to 85% for the S&P 500. Despite this, several top hedge funds own UK stocks – and have been buying them recently. One of the most prominent examples is run by Michael Burry. During the first three months of 2024, Scion Asset Management …
The movie theater operator sold 72.5 million shares in an equity offering launched in March. The $250 million stock sale was finalized Monday during a revived meme stock craze triggered by the return of “Roaring Kitty.” AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock …
The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. This is a significant change for the company and for the so-called “streaming wars,” …
DJT stockholders have lost 63% since it went public. Nobody is buying, only selling. It's going to drop a LOT more when Trump starts dumping. Unless Russia or Saudis start buying to prop him up. Trump Media Sinks 15% After Registering Shares, Warrantshttps://t.co/3HoXZfTELz — John Oberlin (@OMGno2trump) April 15, 2024 Donald Trump’s social media startup …
When gold production is strong, it suggests confidence in gold’s value and the stability of the monetary system. The company, Fortuna, reported strong gold production in the first quarter of 2024. If the production numbers remain high and the price of gold continues to rise (approaching $2,500 per ounce), Fortuna could make over $150 million …
Alphabet Inc (NASDAQ:GOOG), the parent company of Google, is a global technology leader focused on improving the ways people connect with information. The company’s business encompasses a wide array of products and services, including search, advertising, operating systems and platforms, enterprise, and hardware products.According to a recent SEC filing, the insider, CEO Sundar Pichai, sold …
Insiders have been dumping shares heavily over the last 60 days pic.twitter.com/KrT0SyQgQm — Win Smart, CFA (@WinfieldSmart) April 3, 2024 As the storm clouds gather on the horizon, a chilling revelation strikes fear into the hearts of investors: insiders are fleeing the market en masse, signaling a looming crisis. Over the past 60 days, insiders …
Trump Media plunges more than 25% after company reports net loss of $58 million in 2023 The share price of Trump Media plunged Monday after the social media app company closely tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & …
Its CEO, Michael Dell, sold shares worth $465 mln in March (source: FinFab app for iPhone): h/t ChampionshipUsed9855
Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone’s sales in China that culminated in a jarring revision to the company’s revenue forecast. The preliminary settlement filed Friday in Oakland, California, federal court stems from a shareholder lawsuit focused on …
Adobe shares closed down nearly 14% on Friday after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. The move marked the stock’s steepest decline since Sept. 15, 2022, when shares closed down 16.8%. The design software company posted adjusted earnings per share of $4.48, above the $4.38 analysts …
"Economic sentiment decreased over the last two weeks, falling for the third consecutive reading to its lowest point since December."@CivicScience pic.twitter.com/v2YdpW12w1 — Daily Chartbook (@dailychartbook) March 14, 2024 Economic sentiment has been on a downward trend lately, taking a hit over the last couple of weeks. And guess what? Insider selling is at the forefront …
WASHINGTON (Reuters) -U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the U.S. company’s stock nearly 13% lower on bets the deal could face greater political opposition. The issue has the potential to overshadow an April …
https://www.reddit.com/r/wallstreetbets/comments/1bc4a6w/for_those_curious_about_the_reddit_ipo_offer/ h/t eurostylin
Number of funds owning Best Buy shares is also decreasing (source: FinFab app for iPhone) h/t ChampionshipUsed9855
Well sure they are selling on highs, not lows like retails. h/t ChampionshipUsed9855
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago. Dimon and his family sold about 822,000 shares in a series of …
🚨 Insiders are selling off billions in stocks! What's up with that? Something big on the horizon? 🤔💼 pic.twitter.com/ktdan6zyt0 — GoldSilver HQ (@GoldSilverHQ) February 22, 2024 https://twitter.com/JosephChantry/status/1759724700950004003 Mark Zuckerberg sells another 97,093 shares of $META ⬇️ pic.twitter.com/XbSmZDUqb6 — BayStreet Stocks (@baystreetstocks) February 13, 2024 Jeff Bezos sells additional $2.4 billion in Amazon shareshttps://t.co/rwZXTsGvuX@amazon @JeffBezos pic.twitter.com/xHj0AxGMkj …
https://twitter.com/FinanceLancelot/status/1759349107557069010 h/t UniversalSurvivalist
*AMAZON’S BEZOS SELLS $2.08 BILLION OF SHARES gamma squeeze for the peasants so the billionaires can dump to bagholders — zerohedge (@zerohedge) February 13, 2024 AC
Historically Amazon insiders had right timing with stock selling (source: FinFab app for iPhone) h/t ChampionshipUsed9855
Historically Salesforce Insiders had good timing with selling stocks according to this chart. h/t ChampionshipUsed9855
Why? Bank reported massive exposure to US commercial real estate. https://japannews.yomiuri.co.jp/business/companies/20240201-166218/ h/t betsharks0
Another interesting thing is that they are doing massive buyback in the same time: h/t ChampionshipUsed9855
BuzzFeed and Vice Media, two onetime darlings of digital media that have shrunk in size and relevance in recent years, are likely to get even smaller. BuzzFeed, whose stock has lost more than 97% of its value since the company went public in 2021, is looking to sell its food sites, Tasty and First We …
