To The Moon

Two weeks ago I wrote about the growing number of private zombies. A common question I got after that post was “what should I do if I’m in that position?” A couple thoughts below. Most importantly - don’t wait. Don’t hope for things to improve. Hope is not a strategy. It’s a lottery ticket. I think there are 3 concrete things to do:Figure out if you’re a short / long term zombie: Turnarounds are hard, but they do happen. There may be some idiosyncratic reasons your market turned on you, but you expect it to turn back. There’s no need to panic at the “bottom,” but it’s also very important to be realistic about your chances of revivalGet closer with your existing investors. At some point you will want to raise more money. It may be a down round. Or you’re hoping to raise a flat round to “val

Earlier this week, $Alphabet(GOOG)$ $Alphabet(GOOGL)$ -owned Waymo announced a custom-made robotaxi that’s already in testing and news was even bigger. $General Motors(GM)$ -owned Cruise announced a partnership with $Uber(UBER)$ , following a Waymo partnership that’s been rolling out in a few cities in the U.S. This puts Cruise on equal footing with Waymo in many ways and increases the distribution channel for autonomous driving technology.Uber Taps CruiseFrom the joint release from Cruise and Uber:Uber and Cruise, two companies revolutionizing transportation, today announced a multi-year strategic partnership to bring Cr

3.1% Dividend YieldMore than 500 brands globally, with 23 flagships earning more than $1 billion in revenue.Consumer staples giant, owning Quaker Foods, Frito-Lay, and Pepsi.Pepsi is trading at a discount compared to peers and its own historical valuation.Elevated capex for improving resilience in the supply chain and efficiency improvements.Expects long-term revenue growth between 4-6%, with high single digit earnings growth.Investment Thesis $Pepsi(PEP)$ is a diversified blue chip company providing beverages and snacks. PepsiCo operates in more than 200 territories and countries globally, with over 500 brands. The “flagship brands”, those that generate more than $1 billion in revenue, include 23 globally recognized names across both beverages and

There are a few earnings reports each quarter that give a view of what the overall economic landscape looks like. This week, we heard from $Target(TGT)$ , rounding out this earnings season's most important retail reports. But first, it was another strong week on Wall Street, helped by Fed Chair Jerome Powell’s speech in Jackson Hole, WY that indicated short-term rate cuts are coming soon. And the market loves lower rates.Is the Consumer All Right?Target’s earnings report showed a 2.0% increase in same-store sales and a 3% increase in traffic (customer spending less per visit). The result was revenue rising 2.6% to $25.0 billion. These weren’t great numbers, but Target has seen sales fall after a pandemic boom, so they were welcome by the market.Thi

Fuelled by the explosive growth of emerging markets such as artificial intelligence and electric vehicles, the semiconductor industry which produces the vital components that power these technologies is poised to grow into a massive trillion-dollar industry by 2030. NVIDIA Companies are pouring tens of billions of dollars into building out AI infrastructure and services, making the beneficiaries notably Nvidia close to a sure thing in terms of their growth prospects. The chipmaker's results next week will provide further clarity on AI demand, and could vault the shares back into record territory. Nvidia daily chart As shown in the chart above, NVIDIA share price retraced continuously for weeks since mid June. In early August, when the market crashed, Nvidia seems to find its support at EMA