โ Lumida Wealth Management
1/ Daily News Round-Up:

- Intel's revenue plummets 20%, one of its worst quarters in years.
- Nvidia, Dollar Tree, and Hormel Foods fall sharply in premarket after earnings.
- Bitcoin drops to $25K as U.S. stocks tumble across the board.
- BofA cuts China's growth forecast for 2023 from 6.2% to 5.1%.
- Lyft to lay off employees in its bikes and scooters division. 

#News #Finance #Tech #MarketUpdate
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โ Bourbon Capital
And just like that, day traders became long-term investors.

$SMCI holders are quiet.
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โ Quality Investing with Aria
$ASML is a chokepoint in the chip manufacturing industry and enjoys an oligopolistic/monopolistic nature

- 30x fwd PE
- 20-25% EPS Growth
- Total Monopoly on EUV Machines

I think the 750-800 range is undervalued. What do you think ๐Ÿค” ๐Ÿ‘‡ https://t.co/nCIJcqixV7
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โ Bourbon Capital
$NKE is finally losing ground -1.75%๐Ÿ”ด

Bill Ackman Average price: $75.37
Robert Holmes Swan (Insider) Average price: $77
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โ Quiver Quantitative
Nancy Pelosi has lost almost $5M in unrealized gains in the last two days, per our estimates.

She is now worth just $245M.

She is now up just $14M YTD. https://t.co/KgruFdPevI
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โ Bourbon Capital
Imagine all the people shorting the market today because of yesterday

Everyone knows September is a bad month, but you don't know when, crystal balls won't work
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โ Stock Analysis Compilation
Hedge funds' best ideas #8 is in your inbox ๐Ÿ”ฅ
(link in bio)
Alger / Andvari / Arar / Ariel / Artemis / Artisan Partners / AVI / Bell AM / Brown Advisory / Brown Capital / Coho Partners / Davis funds / Loomis Sayles / Mar Vista / Polen Capital / THB AM / https://t.co/I9kn0uB6b8
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โ Quality Stocks
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ›ก๏ธ ZScaler $ZS shares plummet 16% ๐Ÿ”ด after the company slashed its annual forecast

The revised revenue outlook is now $2.6B - $2.62B, reflecting around 20% growth (est. $2.63B)

Adjusted EPS is expected to range between $2.81 and $2.87, significantly below the estimated $3.33.

Following this announcement, 10 analysts have downgraded their price targets
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โ Bourbon Capital
"I was long $ABIO, said no one" https://t.co/SfKy6PkEsn
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โ Quality Stocks
โ‰๏ธ QUALITY STOCKS' QUIZZ โ‰๏ธ

Because you can have fun with markets

5 questions, answers are in the last post!
What is your score? ๐Ÿ†

Question 1๏ธโƒฃ
Which stock has the highest net profit margin?
- ASML
- Microsoft
- American Express
- Hermes
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โ Quality Investing with Aria
Option A:
$GOOGL is at a 19 PE this only happens once every few years. BUY THE DIP!!!

Option B:
โ€œBuild a goddamn savings for once in your life you moronโ€ https://t.co/ASopDJB7XJ
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โ Bourbon Capital
Intel is now trading at the same price it was at in 1997

Imagine working for Intel $INTC since 1997 and never cashing out.. a big chunk of their 401k is in Intel https://t.co/fXDfzPeKDp
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