JohnM

    • JohnMJohnM
      ·2021-07-13
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      Consumer price index increases 5.4% in June vs. 5% estimate

      Inflation continued its rapid surge in June, rising its fastest pace in nearly 13 years, the Labor D
      Consumer price index increases 5.4% in June vs. 5% estimate
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    • JohnMJohnM
      ·2021-06-24
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      Tesla: A Lesson In Humility

      Tesla shares have pulled well back in a months-long period of weakness.With earnings coming up, there looks to be a showdown of bulls and bears on the near-term horizon.I see Tesla's fundamentals - and valuation - as having improved massively in recent months, and I'm therefore still quite bullish.Finally, the elephant in the room is the descending triangle I noted above, and I’ve added some extra bars at the end of the chart to show what the resolution of the triangle might look like. We can se
      Tesla: A Lesson In Humility
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    • JohnMJohnM
      ·2021-06-23
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      Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus

      June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Au
      Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus
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    • JohnMJohnM
      ·2021-06-22
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      Stocks making the biggest moves after hours: Sanderson Farms, Globalstar & more

      Today's After-Hours Movers: Adial Pharmaceuticals (NASDAQ: ADIL)30.3% HIGHER; positive mention at Se
      Stocks making the biggest moves after hours: Sanderson Farms, Globalstar & more
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    • JohnMJohnM
      ·2021-06-21
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      Blockchain stocks dipped in premarket trading

      (June 21) Bitcoin (BTC-USD) started the week in bear mode, Last Wednesday, the Fed's surprise hawkis
      Blockchain stocks dipped in premarket trading
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    • JohnMJohnM
      ·2021-05-06
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      Ant In Talks With Chinese Authorities About Turning Its ‘Mutual-Aid’ Service Into A Regulated Business - WSJ

      May 6 (Reuters) - :Ant Looks To Revamp A Controversial Business Without Sparking An Outcry -Wsj.Ant
      Ant In Talks With Chinese Authorities About Turning Its ‘Mutual-Aid’ Service Into A Regulated Business - WSJ
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    • JohnMJohnM
      ·2021-05-03
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      Apple and Other Big Tech Stocks Had a Disappointing Week. 6 Reasons to Keep Buying Them.

      Last March, amid the darkest days of the pandemic, I asserted in this space that the market had gifted investors a rare opportunity to buy tech’s five giants—Alphabet, Amazon.com, Apple, Facebook, and Microsoft—on the cheap. Let me tell you why I’d buy them still.As it turned out, all five performed better over the past year than anyone dreamed. Last week, the five reported March-quarter earnings—the fourth full quarter since Covid-era lockdowns began early last year. All five crushed Street exp
      Apple and Other Big Tech Stocks Had a Disappointing Week. 6 Reasons to Keep Buying Them.
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    • JohnMJohnM
      ·2021-04-29
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      Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks

      Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65
      Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks
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    • JohnMJohnM
      ·2021-04-28
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      AMD rose more than 3% in premarket trading

      AMD rose more than 3% in premarket trading.Q1 net profit exceeded expectations, and revenue rose by
      AMD rose more than 3% in premarket trading
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    • JohnMJohnM
      ·2021-04-27
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      Tesla posts record net income of $438 million, revenue surges by 74%

      Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv
      Tesla posts record net income of $438 million, revenue surges by 74%
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