We post news, tips, platform tutorials, and other general tidbits regarding our platform, community, the stock market, and cryptos.
April 20th caught Netflix investors by surprise. Shares of Netflix are imploding after the company reported its first quarterly loss of subscribers in more than a decade, far underperforming expectations and worrying investors that had been betting that a handful of big tech companies would continue to grow at a rapid clip. Netflix said its decision to… Continue reading Netflix Chills
The ink on the reports of Elon Musk’s Twitter takeover bid isn’t even dry and the stories keep rolling in by the hour. Last week Musk offered 43 billion dollars (at around $54 per share) to take twitter private and the board later that day turned to the poison pill in order to prevent a… Continue reading Twitter saga continues
On April 4th, 2022, U.S. Securities and Exchange Commission filing became public, and this filing revealed that some sort of triggering event took place on March 14. That event was the purchase of 73.5 million Twitter shares by Elon Musk and are worth something in the neighborhood of $3 billion. At that point there was an… Continue reading Elon Musk 43 billion Twitter bid
Following the crackdown by Chinese government on tech companies and the brief disappearance by Jack Ma, his company Alibaba has fallen from all-time highs into the black hole we see the stock at now. Alibaba traded for well over 300 per share back in November of 2020 which was the height of the pandemic only… Continue reading What’s happening with Alibaba?
Second only to Bitcoin, Ethereum is perhaps on its way to the future with the “merge” about to take place soon. Two things are expected to happen when it does. 1) Ethereum will move from Proof-of-Work to Proof-of-Stake. Ethereum currently relies on what’s known as proof of work, under which miners must complete complex puzzles… Continue reading The Ethereum Merge
Uber (UBER) has apparently cut a deal in San Fransisco with taxicabs to add them to the platform. Taxis are expected to start as early as next month and New York as soon as the spring potentially adding other major cities later. At this point it looks like Uber is having a hard time turning… Continue reading Uber makes deal with Taxicabs
Every Invester around the world has heard of Warren Buffett and the wealth he has amassed over the course of his life. One of the richest men in the world that started from humble beginnings. By the time he was 11 years old, he was buying stock. When he was a teenager, he filed his… Continue reading Warren Buffett is the Oracle of Omaha
With the average American looking for a value buy and with gas prices at its highest levels, Costco (COST) shares near record highs and it doesn’t look like it’s going to stop anytime soon. A good balance sheet and great fundamentals coupled with great leadership has led Costco to surge before, during and is expected… Continue reading Costco shares are expected to “BULK” up
Tesla (TSLA) quietly signs a deal with Vale S.A. (VALE), a Brazilian mining company. Reported on Wednesday by Bloomberg News. With the price of nickel steadily rising even before the war in Ukraine, Tesla made the move to secure its supply of the metal for the ever-increasing demand of Electric Vehicle batteries. Unlike most of… Continue reading Tesla signs secret Nickel deal
Sitting between Fiji and Australia sits a 32 million square foot island that is being developed into the world’s crypto currency capital. The Island is owned by Satoshi Island Holding with plans to make it a crypto community with 21,000 residents. It is estimated that between 50k to 80k people have signed up for citizenship… Continue reading Satoshi Island is real and it’s coming!