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Hidden Value Gems
RT @HiddenValueGems: Not bad for $CPRI if the deal goes through.
Prada close to offer €1.5B for Versace (20% of Capri's Sales and negative contribution to earnings). Versace has been loss-making for the past 3 quarters. Should be highly accretive for $CPRI.
Capri bought Versace for €1.85B in 2018, its recent asking price was €3B.
“Everyone is looking” at Versace - Miuccia Prada.
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RT @HiddenValueGems: Not bad for $CPRI if the deal goes through.
Prada close to offer €1.5B for Versace (20% of Capri's Sales and negative contribution to earnings). Versace has been loss-making for the past 3 quarters. Should be highly accretive for $CPRI.
Capri bought Versace for €1.85B in 2018, its recent asking price was €3B.
“Everyone is looking” at Versace - Miuccia Prada.
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The Kobeissi Letter
BREAKING: US equity markets extend losses as President Trump says "tariffs will go on external product on April 2nd."
Trump says farmers should get ready to sell product inside the US. https://t.co/KOYI57Qdf1
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BREAKING: US equity markets extend losses as President Trump says "tariffs will go on external product on April 2nd."
Trump says farmers should get ready to sell product inside the US. https://t.co/KOYI57Qdf1
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The Kobeissi Letter
MARKETS SINCE TODAY'S HIGH:
1. Cardano: -17.0%
2. Ripple: -16.5%
3. Ethereum: -11.5%
4. Robinhood: -10.5%
5. Nvidia: -10.1%
6. Bitcoin: -7.5%
7. Tesla: -5.5%
8. Nasdaq 100: -2.3%
9. S&P 500: -2.0%
10. Dow Jones: -1.4%
The S&P 500 has now erased $850 BILLION of market cap in 3 hours.
Truly anything is possible in this market.
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MARKETS SINCE TODAY'S HIGH:
1. Cardano: -17.0%
2. Ripple: -16.5%
3. Ethereum: -11.5%
4. Robinhood: -10.5%
5. Nvidia: -10.1%
6. Bitcoin: -7.5%
7. Tesla: -5.5%
8. Nasdaq 100: -2.3%
9. S&P 500: -2.0%
10. Dow Jones: -1.4%
The S&P 500 has now erased $850 BILLION of market cap in 3 hours.
Truly anything is possible in this market.
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The Kobeissi Letter
Crypto heat map 24 hours after the US Crypto Reserve was announced.
What do you notice? https://t.co/910NnqOMzC
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Crypto heat map 24 hours after the US Crypto Reserve was announced.
What do you notice? https://t.co/910NnqOMzC
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Offshore
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Dimitry Nakhla | Babylon Capital®
$V & $MA 😴 https://t.co/1aRxECOTao
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$V & $MA 😴 https://t.co/1aRxECOTao
Visa $V & Mastercard $MA doing their thing
Businesses that support investor confidence during periods of EXTREME FEAR are 💎
Also, hard to believe we are truly in “extreme fear” considering we haven’t even had a correction yet
For those calling this a “crash” — this is nothing https://t.co/42nJwIlszT tweet
The Kobeissi Letter
BREAKING: President Trump makes his "investment announcement."
Chip-maker Taiwan Semiconductor, $TSM, will be investing $100B in the US, which includes:
1. 5 facilities in Arizona
2. Creates thousands of jobs
3. Brings TSM's total US investment to $165B
4. Creates "hundreds of billions of Dollars of economic activity"
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BREAKING: President Trump makes his "investment announcement."
Chip-maker Taiwan Semiconductor, $TSM, will be investing $100B in the US, which includes:
1. 5 facilities in Arizona
2. Creates thousands of jobs
3. Brings TSM's total US investment to $165B
4. Creates "hundreds of billions of Dollars of economic activity"
BREAKING: President Trump is going to make "an investment announcement" today at 1:30 PM ET - per the White House. tweet
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