Time to Vote
It was another up and down week, during which we saw the market drop early and then make a climb back mid week until Apple’s earnings disappointed on Thursday taking the market down again on Friday. October wiped out all the gains for the year and if you are feeling...
Another lousy week awaits
Here is a sampling of the headlines this week - AMD Stock Crashes On Revenue Miss, Silicon Labs and STMicroelectronics Latest Chipmakers To Guide Lower, Texas Instruments Warns Of Slowing Demand, Amazon Stock Down As Results Miss On Top Line, Google Stock Falls As...
Sometimes, safety is better than sexy
The last two weeks have been a wild ride in the global financial markets, with U.S. stocks sliding while Treasuries climbed. From technology to retailers, signs of price pressures are starting to show at U.S. companies, contributing to the worst October start for the...
Closing Time
Another week, another hedge fund closure. Tourbillon Capital Partners, announced that it is closing his main fund after losses, acknowledging what many knew already - that the hedge fund model is broken. Tourbillion plans to return the more than $1 billion to...
Strategy is to lift the stock price
General Electric Co. (GE), whose performance, both from a profit and stock price standpoint, has been dismal over the past decade, announced that its new boss could receive $21.3 million in annual compensation and earn shares worth more than $200 million -- but only...
October Surprise
Corporate results are one of the key indicators of economic growth. But, after consecutive quarters of near-record profit growth, companies are starting to lower expectations. With third-quarter earnings coming up in the next few weeks, US companies are cutting their...
The Shady World of Pink Sheets and Non-Tradeable Investments
There are stocks that are listed and trade on the main exchanges and then, there are Pink Sheets stocks or Penny stocks. These are speculative stocks that should legitimately represent a share of ownership in a company that is not yet list on public exchange. Pink...
Chasing Returns
Earlier this week, one of the most venerated venture capital (VC) firms - Kleiner Perkins Caufield & Byers announced that it is splitting in two, a surprise rupture that reflects the struggle to balance making smaller bets on young startups and major investments...
Gone in smoke
By now, almost everyone has heard the latest in a series of weird behaviors from Tesla’s CEO, Elon Musk. Earlier this week, he went on a video podcast to discuss technology and ended up taking a “hit” i.e. smoked a joint violating very publicly the rules that he...