As I sit here we are close to popping the AI bubble. Several firms have reported more of the same so so earnings. When is someone going to say it? This Earnings season has sucked. The disquieting part these guys trying to explain how they make money from AI-- it's a super stretch and folks are starting to realize many AI adopters are just improving existing products but not really making more money. Sure MSFT ASUR offering gets better, does that translate to sales? Maybe. Google the search is better so what. Do we search more or less? I would argue less.... we still have to deal with your crap and ads and sponsored links right? So the list of companies actually making money off the AI is incredibly short.
I would fade Starbucks here. They massaged their number- all the same store sales look like they missed the mark. Arabica coffee has gone way up because of those Houthies in the Red sea... + wage issues, Unions...
Ken Griffin: If China invades Taiwan, the U.S. could see “a great depression” Ken is correct. This is a shoot first ask questions after situation. China has practiced loading troops into large planes it doesn't work-- they need the navy and the supply lines ships can bring. We can eliminate the whole Chinese fleet in rout. And we will have to.
I think if AMD and others can puke here it would be constructive to the rest of the market trying to go up. Maybe we get that rotation after all.. it sure hasn't happened yet. JPMorgan Quants Warn of Dot-Com Style Concentration in US Stocks 9 JPMorgan Quants Warn of Dot-Com Style Concentration in US Stocks
TRIP Tripadvisor, Inc. $22.06-0.08 (-0.36%)4:00 PM 01/30/24 NASDAQ | $USD | Post-Market: $22.06 4:01 PM WE WANT TO KEEP AN EYE ON TRIP. AI is either going to really help these guys or put them out of business... not sure which. I lean to the help. If they can put together better trips then they can create more volume and get paid on more back ends.
Every year, foodservice research group Technomic surveys thousands of consumers to create a list of America's favorite restaurant brands based on factors such as value, hospitality, and ambiance. This year, a coffee chain broke into the top 10, and it wasn't coffee giant Starbucks. Rather, Dutch Bros (NYSE: BROS) snagged the No. 3 spot, according to Nation's Restaurant News. Relatively unknown in the eastern U.S. but well known by Oregonians, Dutch Bros has ambitious plans to capitalize on its surging popularity. And it's why the company has captured the attention of many investors. It's time to meet Dutch Bros Founded in Oregon by brothers Dane and Travis Boersma in 1992, Dutch Bros is a relatively young restaurant chain and a pioneer of the drive-thru coffee trend. Today it has around 800 locations, the largest concentration of which are still in Oregon. Technomic says Dutch Bros is the third most popular restaurant chain right now, but there's more to attest to its popularity. Consider that Dutch Bros tracks sales at locations that have been open for at least 15 months as part of its same-shop sales -- other companies often call refer to this metric same-store sales or "comps". Dutch Bros' same-shop sales are expected to increase in full-year 2023, which would represent its 17th consecutive year of comps growth. In other words, a Dutch Bros location consistently generates more sales over time. That's a great indication of its growing popularity.
____________________________________ Byron Allen Makes $14 Billion Offer for Paramount Global The media mogul offering to pay a 50% premium for voting stock Allen already has interest from investors for assets Byron Allen Photographer: Kyle Grillot/Bloomberg By Christopher Palmeri January 30, 2024 at 10:05 PM EST Updated on January 31, 2024 at 4:52 AM EST Media mogul Byron Allen has made a $14.3 billion offer to buy all of the outstanding shares of Paramount Global, according to people familiar with his terms. Allen offered $28.58 each for the voting shares of Paramount, a 50% premium to recent trading, and $21.53 for the non-voting shares, according to the people, who asked to not be identified discussing terms that weren’t public. Including existing debt, the total value of the deal rises to about $30 billion. _________________________ PARA---> $16.50 (+20%)