$Best Buy(BBY)$ has been struggling to turn things around after two years of sluggish sales.The retailer's shares reached a new 52-week high after posting strong earnings.The Minnesota-based company reported adjusted earnings of $1.34 per share on revenue of $9.29 billion for the latest quarter, surpassing analysts’ expectations of $1.16 per share on sales of $9.23 billion. Looking ahead, Best Buy BBY+14.1% has raised its full-year adjusted earnings forecast to a range of $6.10 to $6.35 per share, up from its previous estimate of $5.75 to $6.20.In the recent earnings season, the performance of various retailers painted a picture of American consumers who prioritize necessities but are increasingly buying new and fashionable products at the right pr

$Zoom(ZM)$ rose over 16% after earnings data released on August 21th.Zoom Video in 4 charts 1 Revenue rocketed in Covid. Reached $4.5B. Not growing much (2%) 2 FCF dropped to $1B a year ago, has risen strongly to $1.7B. About a third of rev. Healthy 3 How did it go up? SG&A / rev dropped by 10%, so EBIT mgn went up by 10%. GP mgn & R&D/rev stable. 4 Nice to see SBC coming down. But it’s still VERY high at $980M (compared to $1.7B FCF). Share count ticking up. Last 1.5y it’s up 6%. But has ticked down a bit recently. Discussion: FCF after deducting SBC is $720M Let’s say their SG&A efficiencies continue and call it a round number of $1B Low growth, low moat, let’s say 10% yield (or 10x FCF) So $10B EV But they have a massive war chest

$Defiance Daily Target 1.75X Long MSTR ETF(MSTX)$ I just checked the Holdings on the site.My understanding is that MSTX holds: a. $6M worth of $MicroStrategy(MSTR)$ stock b. Over 10x that amount in MSTR Swaps c. With about 43% cash leverage (35M/81.5M) To me that is *not* interesting because of the 10x in Swaps vs Stock ratio. What would be interesting would be if a an ETF just only owned $MicroStrategy(MSTR)$ stock and then used 50% cash leverage to buy more $MSTR stock, with no swaps. If a BlackRock or Fidelity type asset manager could borrow at 1% rates for this, and then sell that ETF for a 1.5% expense fee, then it's *very* interesting, IMO. Because for the

Earlier last week, Defiance Investments launched the Microstrategy ETF $Defiance Daily Target 1.75X Long MSTR ETF(MSTX)$ offering 1.75x leverage over the $MicroStrategy(MSTR)$ stock price. The launch of the ETF saw strong trading interest with trading volumes spiking for two consecutive days as traders enjoy the volatility that the ETf brings.Bloomberg’s ETF Strategist Eric Balchunas highlighted the strong performance of the Microstrategy ETF stating that it has got impressive trading volumes within two days of launch. During its second day of trading, $Defiance Daily Target 1.75X Long MSTR ETF(MSTX)$ registered $34 million in trading activity, surpassing its fi

$Hawaiian(HE)$ saw its stock price soar in after-hours trading, rising more than 50%. This pushed its stock price to $19.14 in after-hours trading.ImageLitigation SettlementBuffett's Hawaiian Electric and other companies have preliminarily agreed to pay more than $4 billion to resolve hundreds of lawsuits related to last year's Maui wildfire. The settlement, which is still awaiting final approval, is expected to resolve lawsuits against Hawaiian Electric on behalf of thousands of homeowners and businesses.Distribution of settlement amount:Hawaiian Electric is expected to pay about $1.5 billion in settlement, but the shares of other companies are still being finalized. The total amount of $4 billion will be lower than the estimated $5.5 billion capit

This is from $NVIDIA Corp(NVDA)$ earnings the key points: Nvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hike1.Upcoming Events: Nvidia's CEO, Jensen Huang, will speak at two major events in early June. Why it’s important: These events can provide important updates on Nvidia's future plans and partnerships. Big Users of Nvidia AI Chips: Tesla and Meta are using massive numbers of Nvidia GPUs for their AI projects. Why it’s important: Shows that leading companies rely on Nvidia for advanced AI capabilities, boosting Nvidia’s reputation and sales.2.Sovereign AI and AI Factories: Countries like Japan, France, and Italy are investing heavily in AI infrastructure, and Nvidia is involved. Why it’s important: Gover