$Exela Technologies, Inc.(XELA)$ This is a speculative stock purchase for me. I do think if the company cared about the shareholder value that they would have mentioned in their PR this morning, they are not selling and diluting current outstanding shares. Really don’t know why anyone would sell at this point.
Chevron to send 100K bbl/day of Venezuelan crude to U.S. this month Chevron $Chevron(CVX)$ is on track to ship more than 100K bbl/day of Venezuelan crude oil to the U.S. this month under a license from the U.S. Treasury Department, Reuters reported, citing shipping documents and data. Chevron (CVX) has received and exported three cargoes of Venezuelan crude to the same destinations so far in February, and it has tankers waiting to load five more cargoes before the end of the month, according to the report. The oil shipped under the U.S. license until now has come from accumulated inventories of heavy crude from Chevron's (CVX) two main joint ventures in Venezuela - Petropiar and Petroboscan - with state-owned PdVSA. Chevron resumed Venezuelan
ChatGPT, the 🤖AI-powered Chatbot by start-up OpenAI was released to the public on 30 Nov. Since then, it has become 1 of the biggest buzzwords & is seen as a revolutionary moment in the 🌎 of technology. In fact, some think that ChatGPT will mark the end of Google Search as we know it, & the product has already set alarm bells ringing at the search giant. The shockingly good 🤖 chatbot reached 1 million users within 5 days😱 In comparison, Facebook took around 10 months to cross 1 million users after its launch in Feb 2004. If 🤖 is going to take over the tech 🌎 in then next few months, these are the chip companies that I’m most🐂-ish for: 🥇 NVDA: ⭐️ 🤖 requires the massive parallel processing capabilities of graphics processing units (GPUs) to run, & the outright leader in GPUs is 🥁
$Alibaba(BABA)$ $Alibaba(09988)$ In September BABA fell from $120 to low $90's and cheerleaders posted that would get immediately absorbed because a ton of money managers missed the boat on the first leg up and want in. Instead BABA fell to all-time low. That was only six months ago and could happen again. Will be fun to watch.
As I started penning this post, its almost like a trip down memory lane. How so ? This is because I have scripted a similar post about 2 months back. It was to participate in one of Tiger's Community > Hot Topics on US's Oct CPI. Click here ! to read it if interested. So much have happened since the post. Original post - https://www.cnbc.com/2023/01/12/heres-the-inflation-breakdown-for-december-2022-in-one-chart.html Precursor - please read above linked-article and form your own opinion first ok. Thanks. Dec 2022's CPI inflation fell faster than expected. Month on month comparison, Dec CPI was 6.5% vs Nov CPI of 7.1% vs Oct CPI of 7.8%. Excluding Food & Energy; Dec Core CPI of 5.
This article transparently walks through my moderately bullish assessment of Amazon while attempting to give investors the tools to properly evaluate Amazon$Amazon.com(AMZN)$ for themselves.Amazon’s opaque financial reporting causes valuations of the business to vary considerably because analysts/investors are forced to guess even more than usual.Disclosure of margins, the most important part of the Amazon story going forward, is particularly poor.The current price of ~$85/share is (very roughly) a conservative fair value, assuming Amazon simply reverts to profitability, but unforeseen cost reductions could enhance returns.Beware the "Sum of the Parts" Bulls and the "P/E Ratio Bears".