$VOO(VOO)$ Just want to share my view on ETF [Grin] Do you invest ETF ? ETFs provide better diversification than a single stock in terms of portfolio and risks. Compared with mutual funds, most ETFs provide more transparency regarding holdings, are easier to trade, typically provide more tax efficiency, and in many cases, have lower operating costs. The most common disadvantage pertains to EFTs that are designed to track indexes - tracking errors can create discrepancies. Thinly traded EFTs may also have wide bid/ask spreads, and depending on your broker, trading costs could be a concern.
Citigroup tops profit estimates as bank benefits from rising interest rates, shares surge 13%$Citigroup(C)$ Impressive result👍 Earnings per share: $2.19 vs $1.68 expected👍 Revenue: $19.64 billion vs $18.22 billion expectedDespite Friday's stock gain, Citigroup remains the cheapest of the six biggest U.S. banks from a valuation perspective. The stock was down 27% in 2022, as of Thursday's close, when its shares hit a 52-week low.Good time to nimble. It is a great company 😁
$Amazon.com(AMZN)$ Good news to share ! [Smile] Amazon.com had completed its $3.5 billion takeover of primary care provider One Medical, a day after a U.S. Federal Trade Commission (FTC) official announced that the agency would not challenge the deal. The acquisition, announced last July, gives the online retailer a virtual health offering as well as offices for in-person medical services for the first time
Good day all! I will go with a balanced approach 50% saving, 50% investing— it is because it combines safety and growth. Saving ensures a financial cushion for emergencies, essential purchases, or short-term goals. On the other hand, investing early allows young people to take advantage of compound interest and long-term market growth, potentially building wealth over time. This strategy provides both liquidity and the chance for capital appreciation, helping to meet both immediate and future financial needs while managing risks effectively. [Smile]
$Meta Platforms, Inc.(META)$Hi all, good news for Meta believer [Cool] Meta introduces NFT features for Instagram in more than 100 countries. As the social media juggernaut wants to get in on the digital fever, the recently released digital collectibles are accessible in 100 different nations.Meta Spreads Instagram’s NFT Feature to Other Continents including AfricaMeta said on Thursday, August 4 that it would be bringing the NFT features to the Americas, the Middle East, Africa, and Asia-Pacific. It is not yet known, though, if the feature is restricted to specific people in the locations. This follows a productive test of the features in May.If you’re asking how it came to be that Meta introduces NFT features for Instagram, the answer i
CCitigroup - C scheduled to report earnings before Friday’s open. The stock hit a split adjusted record high of $570/share in 2006 and is currently trading near $43/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. My view: From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.
$Tesla Motors(TSLA)$HAPPY NEWS [Cool] Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla's streak of reporting record revenue.Here are the most important numbers from the report compared to Wall Street’s expectations, as compiled by Bloomberg.Revenue: $16.9 billion vs $16.88 billion expectedAdjusted EPS: $2.27 vs $1.83 expectedTesla shares were up more than 3% following the report.