Day: July 31, 2024

META earnings out, +8% after earnings

META PLATFORMS 2Q EPS $5.16, EST. $4.72 META PLATFORMS 2Q REV. $39.07B, EST. $38.34B META PLATFORMS SEES 3Q REV. $38.5B TO $41B, EST. $39.16B submitted by /u/XGramatik [link] [comments]

QCOM earnings out

QUALCOMM 3Q ADJ EPS $2.33, EST. $2.24 QUALCOMM 3Q ADJ. REV. $9.39B, EST. $9.21B QUALCOMM SEES 4Q REV. $9.5B TO $10.3B, EST. $9.7B submitted by /u/XGramatik [link] [comments]

The best way to teach kids about money is to show them it runs out

That’s why giving large amounts of pocket money or indulging every whim and purchase might not be the best approach. Kids need to understand the difference between what they want and what they need. They should be able to make that choice, and ideally, manage a budget. This way, they will appreciate what they have and learn to work towards what they want. But it will be their choice. One thing or another. This is a very important aspect of dealing with money, as well as with children. submitted by /u/FXgram_ [link] [comments]

“We do expect kind of a discouraging print to come out of Meta today, just kind of in the same vain as Google and the same vain as Microsoft,” Winthrop Capital Management portfolio manager Luke Stone says.

https://reddit.com/link/1egp54y/video/3ot7jolnavfd1/player In the meantime, Elon Musk is reposting: https://preview.redd.it/sk0qrgkyavfd1.png?width=603&format=png&auto=webp&s=8d27e540d4eb41926d6dcfaeded9f72b0265f673 submitted by /u/XGramatik [link] [comments]

AUD/JPY

submitted by /u/XGramatik [link] [comments]

Why is Nvidia’s market capitalization so high?

Why is Nvidia’s market capitalization so high? Because since around the age of 10, every boy in the world knew about or wanted a next-generation Nvidia graphics card. This graphics card opened up a world of impressions to them, far beyond its price tag for their parents. These boys grew up. And they still want the latest model of the card. Only now, these boys can pay more. The industry has grown in size along with the age and capabilities of its consumers. submitted by /u/Ankle_be [link] [comments]

The Magnificent 7 stocks have now erased a combined $2.6 TRILLION of market cap over the last 20 days.

That’s an average of $125 billion of market cap PER DAY for 20 days sight. Nvidia, NVDA, alone has erased over $1 trillion in market cap since its high seen one month ago. In other words, the Magnificent 7 have lost as much value as Nvidia’s ENTIRE current market cap in 20 days. That’s also $200 billion more than every stock in Germany’s stock market combined. What happened to big tech? submitted by /u/XGramatik [link] [comments]