26 Jan 2024
This is mind-blowing!
$GOOGL $MSFT $AAPL Source: Bespoe
26 Jan 2024
Intel $INTC, is down 10% after-hours after providing weaker than expected guidance in their earnings release
The move lower has erased $20 billion in market cap in just two hours. Intel provided Q1 2024 EPS guidance of $0.13, which is well below expectations of $0.34. They are also guiding Q1 2024 revenue of $12.2B-$13.2B, below expectations of $14.2B. The question becomes if this weakness is an Intel issue or an industry-wide issue. Source: The Kobeissi Letter
26 Jan 2024
Tesla shares plunged 12% in worst trading day since 2020 after automaker warns of slowdown
Note that short interest as a % of equity float is near record low... Source: Bloomberg, HolgerZ
26 Jan 2024
The Buffett Indicator (total value of all publicly-traded stocks/GDP) is near all-time highs and at a significantly higher level than during the Dot Com Bubble and the Global Financial Crisis.
Source: Macro Micro, Charlie Bilello
25 Jan 2024
'The Nasdaq 100 valuation has disconnected from real rates.'
Source: The Daily Shot, Win Smart
25 Jan 2024
Mega Cap Tech stocks are approaching an all-time valuation relative to commodities that was last seen during the Dot Com Bubble
Source: Bloomberg, Barchart
25 Jan 2024
There are now 7 comps in the Trillion Dollar Club again. Meta has passed the $1tn mark, and Microsoft is now worth $3tn for the 1st time ever
Note that saudi aramco is the only non-US one Source: Holger Z, Bloomberg
25 Jan 2024
Mega Cap Tech Stocks are now outperforming small-cap stocks by the largest margin since the peak of the Dot Com bubble
Source: Barchart
