It’s The Time Of The Earnings Season For Losing

Oh No! The Penalties Of My Personal Actions…

Ah, Sunday, Sunday — so nice to me!

Time to take a seat down and chow down on the Sunday simmer-down. How does it really feel, Nice Ones?

To be by myself? With no path dwelling?

Umm … no. How does it really feel to be by way of the largest, biggest, most jam-packed week in earnings season? I imply, how typically will we get to cowl just about each Massive Tech identify in a single week?!

The remainder of the market’s nonetheless digesting final week’s reviews, and subsequent week’s earnings lineup is a veritable feast in its personal proper…

Huh, in order that’s why I’m so bloated this morning.

Welp, get that feed bag again on, Nice Ones — we ain’t out of the Massive Tech woods simply but!

There are a couple of free ends to tie up … a couple of leftovers on the earnings plate to clear … earlier than we get a soar on an entire new week of company reporting.

Proper off the bat, did you see that ludicrous show the opposite evening?!

The very second Amazon.com (Nasdaq: AMZN) entered the earnings confessional, you would hear the DINGs within the distance as 1,000,000 Robinhood accounts cried out in terror: “Amazon is down 8% after hours. Nope, now 9%. 10%!”

You get the gist. You’ve got my condolences, AMZN merchants … however you have been warned.

You have been warned a couple of instances all through the week, truly. Final Saturday’s Nice Stuff predicted that Amazon may need its first quarterly loss since 2015, ought to the losses of Rivian’s rip tide come a-calling. And oh, it did.

Like Ford (NYSE: F) earlier than it, Amazon’s funding in Rivian dragged on the corporate’s in any other case “meh” earnings, sinking the inventory … just about as Nice Stuff anticipated.

In order that’s one fortune cookie prediction come true … what else ya bought?

Nicely, did you are expecting that we’d nonetheless be speaking in regards to the Twitter (NYSE: TWTR) takeover two three weeks later? Shock: There’s extra.

Earlier this week, Nice Stuff identified that point when Tesla’s (Nasdaq: TSLA) administration warned: “If Elon Musk have been compelled to promote shares of our widespread inventory that he has pledged to safe sure private mortgage obligations, such gross sales might trigger our inventory worth to say no.”

With TSLA inventory plummeting over 15% within the wake of the Twitter buyout, this distant early warning was all however confirmed. And we solely needed to wait till Friday for official filings to come back out: Elon’s TSLA sell-a-thon is on, with the Tesla CEO promoting about $8.4 billion in TSLA inventory this week alone.

Wonderful work from Mr. Musk, as common.

Now that simply wraps it up and — oh, wait a second. Who’s this latecomer to the celebration right here?

Ah, that figures: Unfashionably late as at all times, Intel (Nasdaq: INTC) determined it wanted a while within the tech roundup highlight too. One in every of as of late, I’ll be an actual chipmaker, simply you watch!

To shut out the week’s earnings with each a bang and a whimper — don’t suppose an excessive amount of into that — Intel reported declining income and earnings that someway nonetheless limped previous analysts’ estimates.

The opposite different unhealthy information? Outlook was combined at greatest, and Intel predicts the chip scarcity will final till 2024.

On the brilliant aspect, information middle gross sales have been up 22%, and should you’ve been following the duel of the info middle fates between Intel, Nvidia (Nasdaq: NVDA) and AMD (Nasdaq: AMD) … you know the way vital it’s for Intel to begin taking part in ketchup and achieve again market share right here.

You additionally may keep in mind Nice Stuff lamenting Intel’s slipping information middle dominance final summer time — that’s what occurs while you’re busy specializing in redefining nanometers as an alternative of, you realize, ramping up your manufacturing capability like the large boys, Nvidia and AMD.

Whereas it’s good to see Intel have some confidence in subsequent quarter’s information middle gross sales (Let’s face it: Any confidence from Intel is a shocker in itself), Intel’s in hassle if it thinks this paltry report can stand as much as the beat-and-raise outcomes that AMD’s been dropping.

Additionally … referred to as it.

Don’t break your arm patting your again now, Nice Stuff. Should you’re within the temper to prophesize, gimme one thing new!

We’re getting ready to an existential improvement that may very well be mankind’s greatest invention. Bought your consideration now?

Proper now, tech leaders are speeding to roll out their very own variations of this new expertise. As a result of they know that whoever brings their radical new innovations to the market the quickest could have a first-mover benefit within the highest-growth business of the twenty first century.

And proper now, there’s a little-known inventory on the middle of all of the motion.

Ace Of Coinbase

Cathie Wooden’s ARKK might have some holes in its hull, however with crypto making a comeback, ARKK’s fifth-biggest holding is buying and selling at a pretty low cost…

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One tiny inventory is vital to the upcoming electrical automobile increase — and Ian King says now’s the time to get in.

Massive Mac’s Massive Burrito Mistake  

Today, the mere point out of Chipotle is sufficient to give McDonald’s execs heartburn. However buyers who held these candy spinoff shares? Nicely, that’s a special story…

 Synthetic Intelligence — Actual Income

These tech titans imagine AI will change into the largest breakthrough in all of human existence — much more so than the web!

 Tenacious MSFT & The Tech Inventory Of Future

Be you angel buyers? Nay, we’re however Nice Ones! Microsoft just isn’t the best inventory on the planet. No! It’s only a tribute!

Get pleasure from the remainder of your weekend, Nice Ones! We’ll be again with you tomorrow to … properly … do it another time.

Within the meantime, write to us every time the market muse calls to you! [email protected] is the place you may attain us greatest.

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Till subsequent time, keep Nice!