To The Moon

“The king has lost his crown” a song lifted off ABBA’s 1979 hit album “Voulez-Vous”. Although it was not released as a single but a b-side track, it has gotten the public attention. 45 years later, don’t you think it is apt that it could be used to describe Tesla / elon musk’s last week fall from grace? Tesla Inc. had a blockbuster 2023. Its shares more than doubled during the brief 12 months period. Unfortunately, 2024 is shaping up to be a very different note. Elon Musk’s electric vehicle maker is off to its worst start to any year — ever. $Tesla Motors(TSLA)$, the company has lost > -$94 Billion in market valuation in just the first two weeks of 2024. It is not difficult to figure out why, as the Austin, Texas-base

With Q4 earnings season kicking off, let’s review the companies’ guidance for Q4 and try to get insights.According to the data from Factset,A higher number and percentage of S&P 500 companies have issued negative EPS guidance for Q4 compared to both the 5-year and 10-year averages. Specifically, out of 111 companies providing guidance, 72 have given negative EPS guidance, surpassing historical averages. chart from factsetAmong sectors, 8 sectors released more negative EPS guidance than 10-year average, with tech sector leading(more than 5%)；Consumer discretionary and health care, however, showed less negative guidance compared to 10-year average.02-s&p-500-sector-level-negative-eps-guidance-q4-2023-versus-10-year-average $S&P 500(.SPX)$

Welcome to our "Top Contributor" awards program! In this program, we award super generous prizes to the following contributors every week!First, congratulations to last week's winners:Emerging Contributor (500 coins): @suspencer @Kisir @顶底之星 Weekly Top Contributor ($25 stock voucher): @nerdbull1669 @Optionspuppy @REIT_TIREMENT Weekly Top Contributor ($15 stock voucher): @Fenger1188