Jasoncgs
Jasoncgs
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avatarJasoncgs
2022-07-09
$Tesla Motors(TSLA)$Many EV stocks have gained considerable market value on Friday as Tesla(NASDAQ:TSLA) presented a potential gamechanger. According to a White House memo, the pioneering icon will begin production of new equipment that will allow non-Tesla EV drivers to use Tesla Superchargers.According to Jalopnik, Tesla has been running a pilot program to allow EV drivers in Europe to access its charging network. In part, the announcement bolstered EV stocks because it arrived unexpectedly quickly. Although Tesla CEO Elon Musk vocally supported an open charging network, he never really converted words into action. Further, Musk and President Joe Biden have not always seen eye to eye.Now that bygones are apparently bygones, the news appears to b
avatarJasoncgs
2022-06-26
$Tesla Motors(TSLA)$Tesla prepares to upgrade Gigafactory Shanghai to produce 21,000 EVs per week (over 1 million EVs per year)Tesla is preparing to partly shut down Gigafactory Shanghai for a few weeks in order to upgrade the factory to a production capacity of 21,000 electric vehicles per week. After a forced shutdown due to COVID-19 restrictions in Shanghai and then supply chain issues limiting the production, Tesla is now preparing to do a voluntary shut down to at least part of the production in order to do some significant upgrades. Bloomberg reported that the upgrade will start in July and run through early August, and the upgrade aims to bring the total production to over 21,000 vehicles per week: Upgrade work at the factory south of Shang
avatarJasoncgs
2022-12-09
$AMC Entertainment(AMC)$ It’s an important lesson for small traders. If you’re to be involved in something like a short squeeze, you need to sell before fundamentals catch up to you. Selling is the hardest thing for any investor to do. Even the best can fail the test, unable to figure out else to put the money we’re taking out. But until you learn the discipline you will remain an APE, and the end of every story will be Chapter 11.
avatarJasoncgs
2022-09-05
$Palantir Technologies Inc.(PLTR)$Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Palantir Technologies Inc. (NYSE:PLTR – Get Rating) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 263,027 shares of the company's stock, valued at approximately $3,611,000.Other institutional investors have also recently added to or reduced their stakes in the company. IndexIQ Advisors LLC bought a new stake in Palantir Technologies during the first quarter valued at $27,000. Endurance Wealth Management Inc. bought a new stake in Palantir Technologies during the first quarter valued at $27,000. UMB Bank N A MO bought a new st
avatarJasoncgs
2022-09-18
$Grab Holdings(GRAB)$Adalta Capital Management LLC acquired a new stake in shares of Grab Holdings Limited (NASDAQ:GRAB – Get Rating) during the first quarter, HoldingsChannel reports. The firm acquired 38,366 shares of the company's stock, valued at approximately $134,000.A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE increased its position in shares of Grab by 25.5% during the first quarter. Bank of America Corp DE now owns 3,502,191 shares of the company's stock valued at $12,258,000 after purchasing an additional 711,272 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Grab by 137.6
avatarJasoncgs
2022-09-04
$Walt Disney(DIS)$Recent results have been very strong. Revenue in the company's latest fiscal quarter jumped 26% year over year, far better than the market expected, as the COVID-19 pandemic didn't have nearly as much of an effect on the business.First, as anyone who has been to a Disney theme park lately can tell you, demand for in-person entertainment is back in full force. And not only have the parks been full, but Disney is doing a tremendous job of increasing monetization. Newer products like the Genie+ and Lightning Lane pay-per-use features are increasing per-guest spending, and revenue increased by a staggering 70% year over year in the Parks, Experiences, and Products segment. Disney's parks are actually generati
avatarJasoncgs
2022-07-22
$Amazon.com(AMZN)$Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt. Completion of the transaction is subject to customary closing conditions, including approval by One Medical's shareholders and regulatory approval. On completion,Amir Dan Rubinwill remain as CEO of One Medical.
avatarJasoncgs
2022-08-24
$Apple(AAPL)$Apple (NASDAQ:AAPL) should see a better than forecasted third quarter as some of the issues that were weighing down on earnings start to go away. The previous couple of quarters have been plagued by issues such as war and shutdowns which resulted in weaker than expected earnings.The company is looking to release multiple new products throughout the year, including the new iPhone 14. The total number of new models released for the year will be four, and the company plans to increase prices for the more premium models but plans to keep the prices for the current models the same. Competitors such as Samsung (OTC:SSNLF) also plan to release multiple flagship phones, and the two device makers are essentially in a
avatarJasoncgs
2022-11-12
$Tesla Motors(TSLA)$ As CEO Elon Musk has been offloading shares of Tesla(NASDAQ: TSLA) stock, Cathie Wood has been picking them up. Recently, the famed contrarian investor announced that she has increased her TSLA stock holdings amid the company’s new controversy. Ever since Musk successfully acquired Twitter, his focus has been on the social media platform. This hasn’t been good for TSLA stock, which has been steadily sliding downward all week, losing more than 10% of its value. But in keeping with her investment philosophy, Cathie Wood has increased her Tesla position across several funds. She has also acquired additional shares of other beaten-down tech stocks while offloading others.
avatarJasoncgs
2022-08-13
$Coinbase Global, Inc.(COIN)$Coinbase is in a tug of war between crypto bulls and bears. Its fans argue the company is building the premier platform for trading cryptos and digital assets like nonfungible tokens, or NFTs. A crypto partnership announced recently between Coinbase and BlackRock $(BLK)$ caused the former's stock to pop.Those betting against Coinbase expect its retail trading fees -- the vast majority of its revenue -- to erode. Coinbase is burning cash as it expands and is facing more regulatory scrutiny. Even bulls say the BlackRock deal will have minimal impact on earnings. Amid a deep freeze in token prices, Coinbase posted a $1.1 billion loss in the second quarter, missing consensus estimates.Betting agai

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