Digital Bridge is a super interesting stk I have been following for a year off and on. For some reason it is on a watch list at Yahoo that I put on long time ago- DigitalBridge all-in on alternative asset management, time to buy, Barron's says ยป 08:14 DBRG
Company Profile DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets. They provide services to institutional investors. They primarily invest in data centers, cell towers, fiber networks, small cells, and edge infrastructure. DigitalBridge Group, Inc. was founded in 1991 and is headquartered in Boca Raton, Florida with additional offices in Los Angles, California, and New York New York.
->Intel teams up with DigitalBridge Group to form generative AI company ->DigitalBridge Group, Inc. 7.15% CUM PFD Ip goes ex dividend tomorrow ->DigitalBridge, Silver Lake to invest $6.4B in Vantage Data Centers - report $18.20 is your B/O I've been hawking this at $16 for ages- since last Aug flatline at $16. DBRG-DigitalBridge Group, Inc. $20.12-0.43(-2.09%)4:00 PM 02/16/24 NYSE |$USD |Post-Market:$20.75+0.63(+3.13%)7:46 PM
Lunar New Year celebrations in Hong Kong High hopes China's markets would return from the break with a spring in their step have yet to be met, with modest gains for stocks so far. Tourism revenues during the Lunar New Year holiday did surge by 47% on a year earlier as more than 61 million rail trips were taken, though the comparison was flattered by a particularly weak season last year. The country's central bank skipped a chance to cut rates again on Sunday, which will likely limit downward pressure on the yuan, but with deflation looming, analysts see plenty of scope for further policy stimulus. China's blue chip index added another 0.5% on top of its 6% pre-LNY rally. Yet that is still down 1% this year and 43% from the highs hit in 2021. In contrast, Japan's Nikkei is up almost 15% for the year so far and paused just short of the all-time peaks hit back in 1989. Even after its surge the Nikkei is still only capitalised at 683 trillion yen ($4.55 trillion), about the same as Nvidia and Apple combined, and far below the S&P 500's $42 trillion. The Nikkei's market cap is also not much more than the total cash held by Japanese companies, many of which trade at a discount to book value. Speaking of Nvidia, the AI diva's results this week will be a test of its sky high valuations and a price to earnings ratio of no less than 96. The chipmaker's $570 billion increase in market cap this year accounts for more than a quarter of the S&P 500's gains, so any disappointment would be a black eye for the whole index. Options imply a risk the shares could swing 11%, or $200 billion, in either direction on the results. Then again Nvidia does have a very fat net profit margin of 42% and, as of October, a cash pile of $18 billion, so it can easily weather the vagaries of one result. It is also riding the most powerful force in markets - momentum. Why is it going up? Because people are buying it. Why are people buying it? Because it's going up. For Europe, there is no major data today but flash PMIs will be important later in the week, along with business and consumer sentiment surveys. Analysts are counting on the European Central Bank survey of consumer inflation expectations to resume its downtrend after a slight uptick in November. The ECB's wage data are also of note given how much policymakers have warned about high wage growth, even though it is a well known lagging indicator. There are plenty of ECB speakers out and about, including President Christine Lagarde at a Eurogroup press conference on Friday. Federal Reserve speakers this week include the always influential Fed Vice Chair Philip Jefferson and Governor Christopher Waller. The Fed also releases on Wednesday minutes of its last meeting, though they have rather been overtaken by events given the high readings for consumer and producer prices. There are ugly forecasts around that core PCE inflation could rise 0.5% in January, when markets had looked for only 0.2%. Fed futures now only imply a 36% chance of a rate cut in May, when it was more than fully priced a couple of weeks ago. The market has less than 100 basis points inked in for the year, having taken out two quarter point cuts.
The point is to strike a blow against the awful, claustrophobic isolation of traditional VR headsets. You and other people are no longer cut off from each other. You see their face; they see yours. But how, you may ask, can anyone see your face? There are $3,500 worth of electronics and circuit boards between your eyes and the outer glass! It turns out that the entire front of the Vision Pro is a screen. It exists purely to show outsiders your face. So is this a video feed of your eyes, captured from inside the goggles? It is not. It is, if you can believe this, a three-dimensional live computer-generated hologram of the top half of your face.
REALLY interesting bit of tech by apple and the kind of thing that sets them apart. Very smart. But creepy/
"Now I am in Joshua Tree"... the stoner implications here are huge.. as is the future travel to hard to get to places like Egypt.