Day: July 23, 2024

$GOOGL & $V earnings out

$V: – VISA 3Q ADJ EPS $2.51, EST. $2.43 – VISA 3Q NET REV. $8.90B, EST. $8.96B $TSLA: TESLA 2Q ADJ EPS 52C, EST. 60C TESLA 2Q REV. $25.50B, EST. $24.63B TESLA 2Q OPER INCOME $1.61B, EST. $1.81B submitted by /u/XGramatik [link] [comments]

Good Read: Delivering Happiness by Tony Hsieh. From Zero to a Billion. The First-Hand Story of Creating an Outstanding Company

First and foremost, this book is great because it’s written in a very lively and truthful manner. I read it in one sitting. The book is about the creation of Zappos.com, an online shoe store that was sold to Amazon for $1.2 billion. Before this, the author gained fame by creating LinkExchange and selling it to Microsoft, earning $40 million and turning down an additional $25 million for KPIs since he quit immediately afterward. Well, $40 million isn’t too shabby. The book dedicates a lot of attention to the magical corporate culture of Zappos – how they treat customers and suppliers with exceptional care, deliver a WOW-effect, develop employees, think creatively and unconventionally, and are all so passionate, determined, and at the same time humble. It’s hard to believe that this was the sole reason for the company’s success. For the first three years, they scraped by from one funding round to another, firing employees who often worked for food. And when sales reached $30 million a year, they suddenly realized that their wonderful corporate culture was what would take them to the next level. I won’t argue with that, but it’s unlikely to be very interesting to someone whose company makes less than $30 million a year (Anyone here? Raise your hand). However, Tony’s life story is incredibly interesting, especially his college years and early earnings. The author initially wasn’t focused on making big money but mostly did what interested him. This is what makes the book instructive. At the end, there’s a good chapter on happiness, quite accurate and without unnecessary theories. Here’s a profound thought: Many people spend their lives chasing happiness in the form of “pleasure,” thinking that once they achieve it, they’ll pursue their passion, and when they have it, they’ll seek a higher purpose. But research suggests that the correct strategy would be to first figure out your highest purpose and strive for it (as it provides the longest-lasting type of happiness), then add a layer of passion, and finally, pursue happiness in the form of “pleasure.” It should be noted that Tony died at the end of 2020 in a fire at one of his mansions, which he had bought for some girl, likely under the influence of substances. Well, that’s that. submitted by /u/XGramatik [link] [comments]

Earnings reports – it’s all damn interesting

SPOTIFY SHARES JUMP AS MUCH AS 7.2% AFTER REPORTING 2Q RESULTS UPS FALLS 4.3% AS 2Q ADJUSTED EPS MISSES ESTIMATES GM SHARES JUMP 6.9% AFTER BOOSTING FY ADJUSTED EPS OUTLOOK submitted by /u/XGramatik [link] [comments]

Today after market close: GM & Visa reports. Are you going to trade these events? How? Where?

Visa report after the market close, with the stock trading as near as makes no difference flat YTD, could earnings be the catalyst to inject some vol into the name? General Motors trade around 35% higher YTD ahead of earnings today, will the quarterly report give GM the fuel to add to those gains? Alphabet report after market close, kicking off reporting season for the ‘magnificent seven’, with expectations lofty ahead of the earnings release I want to remind you that the following stocks are available for 24/5 trading on Pepperstone: AAPL: Apple AMD: Advanced Micro Devices AMZN: Amazon BA: Boeing BABA: Alibaba BAC: Bank of America CAT: Caterpillar DIS: Disney F: Ford GM: General Motors GOOG: Alphabet HPQ: HP Inc IBM: International Business Machines Corp INTC: Intel JNJ: Johnson & Johnson JPM: JPMorgan Chase META: Meta MSFT: Microsoft NFLX: Netflix NKE: Nike NVDA: Nvidia ORCL: Oracle PFE: Pfizer SNAP: Snap Inc TSLA: Tesla UNH: UnitedHealth V: Visa WMT: Walmart XOM: ExxonMobil Clients can access extended hours trading by choosing symbols with the “-24” suffix. For example, AAPL.US will reference the Apple contract which trades only during the cash session, while AAPL.US-24 will reference the contract which trades 24/5. Important: Day and after hours instruments, while having the same underlying asset, will have different margin requirements associated with each. Therefore, if you want to hedge one with the other, the full margin requirement for both instruments will apply. Use this link to register – it includes a promo code for Redditors and will support us 👉https://track.pepperstonepartners.com/visit/?bta=38408&brand=pepperstone submitted by /u/XGramatik [link] [comments]

Google accusation failed

The American edition of the Wall Street Journal, citing an informed source, reported that negotiations on Google’s acquisition of the Israeli company Wiz have failed. Wiz CEO Asaf Rappaport said in a letter to employees that the company is planning an initial public offering. According to the WSJ, this letter was sent out on July 22. Wiz aims to reach $1 billion in annual revenue ahead of its IPO, he said. CNBC reports that the reason for the failure of the deal was precisely the refusal of Wiz management, who decided to stick to the original plan to raise capital through an initial issue of shares. submitted by /u/Ankle_be [link] [comments]