Well they can come to USA because the Govt is anti America. Over 20 M illegals have come in, pretty much the equivalent of Australian population and they all get housing, food, healthcare, education etc and nothing for the tax payers
Jobs are still being outsourced, illegals being hired and H1B workers coming in by hundreds of thousands. In all 3 scenarios the funds are going overseas instead of staying in USA to prop up the economy.
Why the Fed Is Right to Bide Its Time on Rate Moves
Problem is OUTSOURCING + AUTOMATION If nothing is spent in the country or people don't have work then businesses will not grow or spend money on advertising. It's Economics 101 ie trickle down economy where everything is interconnected. Wall Street is screwing itself now and wants CHEAP MONEY to inflate books to pay CEOs or fire employees for MORE EFFICIENCY
Meta's Miss Sparks Fear in Tech World With More Earnings Ahead
Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc
Meta Shares Tumble over 15% After Revenue Forecast Disappoints
Why they rallied? There has been a sell off, profit taking. Now time to buy the dip. What else would institutions and individuals buy? No one believes in a penny stock
Why Nvidia, Arm Holdings, and Other AI Stocks Rallied on Monday
A bigger problem is that these CEOs start doing cost cutting by firing thousands and employing overseas. The money that employed people spend in economy indirectly grows the very same companies that are firing them. So if the feel that future sales aren't looking good then these CEOs need 101 Economy lesson
@MaverickWealthBuilder:BIG TECH WEEKLY | The Only Way To Survive This Earning Season Is?
The stock market has different entry points for everyone. Palantir is a fake hype so people think they will become millionaires in no time but the REAL beneficiaries are always the ones who control the PR to create the hype For eg CVNA is another one. They have not much genuine sales, multiple class action lawsuits but article after article keeps hyping it
Is Palantir Stock’s AI-Fueled Rally a Sustainable Surge or Short-Lived Hype?
Tsla has strong competition, Musk's Twitter purchase has turned Dems against him, no new improvements are being made to EVs, no solid state battery plans at Tsla, demand for EVs is not there
Tesla’s Market Story Is About Growth. That’s Now in Question
Only game changer left now for Tesla now is to offer double the range as compared to the competition. At 600 to 700 miles per charge people will flock to Tesla otherwise it's just like any other useless EV
Tesla’s Troubles Raise Questions About Its Invincibility
Not sure why dig up the earth to mine for rare metals and only for it to cause so much inconvenience in terms of charging any EV. Who has time to find a EV station at 3am and spend 30min for it to charge?
Nio Launches New 75-KWh Battery Pack Using Only LFP Cells, Expected to Further Reduce Costs