To The Moon

Which is the Evil twin and Good twin? Q1 2024 Results. Tesla finally released its Q1 2024 earnings and it was not a pretty sight. Actuals vs Wall Street expectations: (analysts surveyed by LSEG): Tesla Q1 2024 Revenue Revenue: $21.30 billion vs. $22.15 billion expected. (see above) Earnings per share: $0.45 (adjusted) vs. $0.51 expected. Operating profit margins: 5.5% vs. 6.6% expected Other Key Metrics and YoY comparison. A high-level comparison of other key earnings metrics shows the extent of the “bad” results. (see below) Revenue declined from $23.33 billion (YoY) and from $25.17 billion in Q4 2023. Net income dropped -55% from $2.51 billion to $1.13 billion YoY. EPS dropped -53.42% from $0.73 cents a share to $0.34 a share YoY. Free Cash Flow. Tesla’s free cash flow w

Happy Investors - man & woman As described in my post (S&P soars: Time to sell US stocks including Tesla ! click to read), US market continued on a winning streak while Tesla Inc, lost its footing. On Thu, 25 Jan 2024, US stocks rose despite downbeat earnings from Tesla and following a hotter-than-expected US economic growth. A day later on Fri, 26 Jan 2024 it was a case of reversal of fortune. S&P 500 finally ended it winning streak, falling just below the flatline. (see below) US market on Fri, 26 Jan 2024: DJIA: +0.16% (+60.30 TO 38,109.43). Only index that was in positive territory. S&P 500: -0.07% (-3.19 TO 4,890.97). Margi

After the US stock market closed yesterday, semiconductor giant $Intel(INTC)$ collapsed, its share price plummeted 10.9% :On the news, Intel released fourth-quarter report, which exceeded market expectations in terms of revenue and net profits, but the guidance for the first quarter of this year was poor, causing the stock price to plummet:Why did this earnings report make Wall Street nervous?Specifically, Intel performed well in the fourth quarter of last year, with revenue of $15.4 billion, an increase of 9.7%, approaching the upper limit of management's guidance of $14.6-15.6 billion:By business, Intel's traditional client business generated revenue of $8.844 billion, an increase of 33.1%; Data center business revenue of $3.985 billion, down 9.

I have exited Apple after holding on to the stock for a few years (before Covid). Some of my reasons: Lacking innovation. While Apple offers great products, the quality of its competition is catching up. Seeing the good gross margins, I am not sure I am willing to pay such a premium to leave the Android ecosystem. The above news article mentioned that Apple Car could still be in reality in a few years. The above is an aged news article from 2022 that spoke about the team issue managing Apple Car. Lost the core team for Apple Car. We are waiting for the official word from Apple on this matter. Apple M2 GPU performance From PCMag article: M2 packs 25% higher graphics performance than the M1 when using the same amount of power. At maximum power, the advertised performance boost clim