Intel $INTC will invest $1.2 billion in Costa Rica over the next two years, the company said. The announcement comes after the U.S. State Department said in July that it would work with the Costa Rican government to support Costa Rica's semiconductor sector through the Chip and Science Act through 2022.
I don't know if it's the right thing to do, but at least it's an attempt. Disney is trying to reverse the number of declining subscribers in India by offering free cricket on mobile phones.
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Targeting one of the largest markets is quite a logical move. I like that, but the question is whether they will actually succeed...I continue to hold the company's shares, so some growth would definitely be nice :)
Happy Apple $AAPL dividend day everyone. It probably won't be a dividend day for me, but if I look at Warren Buffett, he's going to get almost $220 million today 😀
13F 👉 Michael Burry shorts again! His $1.6 billion bet on a market decline is out.
- He bought put options on $SPY worth $890 million.
- He bought put options on $QQ worth $740 million.
This now makes up 93% of his entire portfolio.
Opinions? 👀
Overwhelmingly pleased with Amazon's $AMZN results. We're seeing growth in revenue (+11% yoy), earnings, earnings per share, the AWS segment (+12% yoy and that's not even properly reflecting the AI bet) and the advertising business is up 22%. Good old Amazon is back 🔥 In the aftermarket the stock jumped almost +9%.
Plus, Amazon said it expects its Q3 sales to grow 9% to 13%...
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I guess having almost 50% of the portfolio in Apple $AAPL (like W. Buffett) actually makes sense. If we have a chance to follow the company, let's see how far it's come in the last 10, 15 years. It's a very complex and diverse company, and their "new" savings account?
...Intel's great $INTC results drive the stock up less than 8% 🚀
So is good old Intel slowly making a comeback? Anyone here holding $INTC stock?
The results are fine and it looks like the company could finally really start to thrive.
Google's $GOOGL revenue for Q2 since 2007 👇
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It's growing nicely, and I was pleasantly surprised by yesterday's results, with sales up again. I have to say that $GOOGL makes me happy.
I'll turn on Twitter and look who's back from the dead 😂
Robert Kiyosaki: The Great Fall is on the horizon. Fake money - so-called fiat currencies - will be the first to disappear. The BRICS meeting in South Africa on August 22 will put the nail in the coffin of fiat currencies... the fake money ones. Get some real gold, silver and Bitcoin $BTCUSD fast. Take care of yourselves....
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Finally! A US court has ruled that Microsoft $MSFT can go ahead with its planned $69 billion acquisition of video game maker Activision Blizzard $ATVI.
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Congratulations to all shareholders of course, has anyone tried investing and betting on it turning out like this?
Short positions in U.S. markets rose this month to their highest level since April 2022 as investors bet that the current rise in stocks will soon stop. The data was released Friday by S3 Partners.
...So I'm relieved, Dieselgate 2.0. is not happening.
U.S. District Judge Charles Breyer ruled that Salt Lake County, Utah and Hillsborough County, Florida cannot prove that Volkswagen $VWA.BR violated their regulations against tampering with vehicle emission control systems.
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I don't understand why such a big car company would even try something like this. But I put almost no weight on it.
I recently saw a thread here on investing and India.
Shares of Indian conglomerate Adani Group plummeted on Friday as the company faces regulatory scrutiny in the US over the Hindenburg report.
As a result, Adani Group fell again by almost 9%. I don't know about you, but investing in this environment? Uncertainty, illegality, fraud, politicians throwing business to the rich as...
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The environment is alien to us, which is probably why we are so afraid of it. Understanding such an environment will not be easy, it is a lot of work, but it could bear fruit adequate to the effort.
Intel Corp $INTC said its manufacturing division will operate as a separate unit and start generating margin!
But the company did not announce a new external customer for this business as part of its foundry services (foundry = a manufacturing facility that makes chips for other companies), a key part of Intel's turnaround plans in which it will offer its manufacturing services...
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Could it be that Intel doesn't belong in the old world after all? I would also rather bet on a comeback. The $20 billion sounds good.
It's finally here! All you Intel $INTC investors, take heart 👇
Germany will provide U.S. chipmaker Intel with a 10 billion-euro ($10.91 billion) subsidy for its planned factory in Magdeburg, a source familiar with the matter said, capping months of talks on the project that is expected to be worth around 30 billion euros.
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I really like the way Intel is changing and will have to take a closer look at this company :)