$NIO Inc.(NIO)$According to the 27 industry analysts covering NIO, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥2.1b in 2024. Therefore, the company is expected to breakeven roughly 2 years from now. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 97%, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected.
$Tesla Motors(TSLA)$Tesla officially announced a three-for-one stock split, meaning the company's stock price — which has jockeyed between $600 and $1,000 for a year — is about to get more affordable for investors.The stock will begin trading on a split-adjusted basis on August 25th.Tesla (TSLA) shareholders approved the split Thursday at the company's annual shareholders' meeting. Following the split, a person who owned one share of the company will hold three, and the price of each of those shares will be one-third of the price at that time. At Friday's closing price of roughly $865, that would make the post-split price per share just about $288.Stock splits are usually done to increase a stock's liquidity, making it ea
$NIO Inc.(NIO)$Fast rises in NIO's orders and deliveries are forecasted, driven by NIO's new models, its optional upgrade launches, opening of its NeoPark, new Chinese purchase subsidies for EV customers, leading EV industry features and quality, + EV industry's best power options and network growth. Expect investment funds piling into Nio (even more than already), including in Hong Kong and Singapore. As always DYODD.Less
$NVIDIA Corp(NVDA)$While demand for personal computers is down and the U.S. government is blocking the sales of some of the company's chips to Russia and China, the long-term potential remains strong for Nvidia. As more devices become connected to the Internet and dependent on chips, the greater the potential for a market leader like Nvidia there will be in the long run. The company estimates that there is a $1 trillion market opportunity for it to tap into, with chips and systems as just one piece of that potentially worth $300 billion. There's another $300 billion opportunity in the automotive industry, plus $150 billion in the omniverse (i.e., the metaverse for engineers), $150 billion in enterprise software for artifi
$NVIDIA Corp(NVDA)$A New Frontier in the MetaverseJust recently, two examples of Nvidia's drive to innovate came to the fore. The first is a blog post describing Sensory's use of hybrid computing, which uses both cloud-based and on-premises computing resources. Hybrid computing helps Sensory bring interactivity to many types of voice-enabled electronics, from wearables to refrigerators and microwave ovens.Of course, this couldn't be accomplished without the right hardware, and Nvidia is glad to provide it. To that end, some of Sensory's recently introduced AI-embedded voice and vision applications "rely on NVIDIA NeMo — a toolkit to build state-of-the-art conversational AI models — and Triton Inference Server for its Sens
$Amazon.com(AMZN)$According to GLHF sources, Amazon will announce today that it has put in a formal offer to acquire Electronic Arts (EA), the publisher behind Apex Legends ,FIFA, Madden, and more.Rumors have been circling online for a few weeks about a potential EA buyout, with Apple, Disney, and Amazon listed as potential buyers. As per our sources, Amazon has finally made an offer.It’s a smart business move from Amazon, which is also making big moves in television. After the success ofThe WitcherandArcaneon Netflix — both shows built around big video games — Amazon could potentially use EA’s franchises as settings for new shows.Mass Effect,Dragon Age,Dead Space— there’s plenty of potential in EA’s library for transmedi
$Alphabet(GOOG)$ Google agreed to pay a total of $391.5 million to 40 US states to resolve a probe into controversial location-tracking practices that the Alphabet Inc. unit says it already discarded several years ago, in what state officials are calling the largest such privacy settlement in US history. Google will “significantly improve” its location-tracking disclosures and user controls starting next year as part of the deal, according to a statement issued Monday by Oregon Attorney General Ellen Rosenblum, who led the negotiations with her Nebraska counterpart, Doug Peterson. In an interview, Rosenblum called Google’s practices “crafty and deceptive” because the company had secretly recorded users’ movements and
$Apple(AAPL)$ At today’s prices, Apple stock trades for around 24 times trailing twelve-month earnings. To some, this may appear pricey, given the potential for growth deceleration, plus the fact that, with rising interest rates, even the most high-quality of stocks have moved down to valuations under 20 times earnings. However, it’s possible that AAPL stock can maintain this valuation, throughout the current rough patch. Although the market has its concerns, it’s well aware that this company is much better-positioned to bounce back from the in-progress downturn than its peers. While Alphabet and Meta may be still struggling to get earnings back to pandemic-era highs in 2024,FY2024 earnings forecastscall for Apple to