Yes, you heard me. I will make this very simple. The Fed has been fighting the inflation for as long as we can remember. The rate went from near zero to historic…
Elon is a genius. The best possible move by Tesla!
I know what everyone is going to say but you have to hear me out. We all know he is smart but what he has done with Tesla price reduction is a…
Who is affected by RTX jet engine problems?
RTX, formerly known as Raytheon Technologies, just reported their earnings. Adjusted earnings increased 11.2% to $1.29 per share. Earnings including acquisition accounting adjustments and non-recurring charges rose 2% to 90 cents per…
Upstart is making a good comeback. Too late to get in?
For those who are into fintech, I am sure you are all aware a company called Upstart ($UPST). You might also know that the stock is up 110% within the last month. …
Another Financial Crisis Might Be Coming
We usually write about positive things and where we can make money but I want our readers to be aware of what’s happening in the commercial real estate market that might throw…
China Real Estate Market Collapsing
Yikes! Once a revered and highly influential China Evergrande Group is falling like fruit flies. They just disclosed that they had a combined loss of $81 billion in 2021 and 2022. Yes,…
Chase Deal
For those who are looking to game the system, here is one real good deal. It’s Chase Business credit cards. When my friend mentioned, I told him I don’t have a company…
Miners are back?
As you all know, BlackRock has been trying to launch a bitcoin ETF and whether we will have a bitcoin EFT is no longer “if” but “when” inflection point. With this, not…
SoFi is back!
You heard me and you heard me correctly. SoFi ($SOFI) is up almost 100% in the past month with the debt ceiling bill passed. Why? The deal worked out between House Speaker…
Is Foot Locker ($FL) the next company to go bankrupt?
Yes, you heard me correctly. Is Foot Locker ($FL) the next in line to file Chapter 11? We think it’s heading that way. Why? Foot Locker said they are closing more than…