/biz/ - Business & Finance

>>57337335
Come on man. They are trading at alright future PEs. MSFT is the biggest cash cow in the world with the most desired tech system in the world. NVDA has the single most desirable tech right now. Broadcom is just Broadcom.
Now yes, the growth in share price ever since 2018 in tech has been fuckin crazy but it's not unreasonable.
What is stupid is MU coming out with terrible numbers and even shittier guidance and currently trading at such high levels

US is KING btw

>>57221899
>https://www.forbes.com/advisor/investing/how-do-elections-affect-the-stock-market/
Look at the data. Elections have a random impact on the markets. Sometimes it's bigly up, sometimes bigly down, sometimes a bit up, other times a bit down. I dunno, but the current administration will most certainly take credit for "handling the inflation" and that will pump the markets. JPow will also cut like a bitch so there is that.
>>57222020
You no like Lum?

>Inflation stagnating at 4%
>No sign of it getting better
>In line with expectations but higher than previous
And yet the markets are pumping. That's because both scenarios are bullish. This just means a prolonged period during which companies are free to price gouge. FED won't hike again. Low inflation means the printer is online faster and high inflation means higher profits while the lower classes slowly get choked out. Inderasting. Never bet against the US eh?
Also
>AMD
wtf

>NVDA's gross margin is 74.0%
WTAF. They are price gouging the absolute crap out of this market. Good for them but bloody hell.
>Y/Y EPS up 1,274%
>Y/Y revenue up 206%
>Y/Y net income up 1,259%
Jesus christ. Well, they are the only ones to actually generate money (unlike Intel and AMD).
Data center still managing to grab additional revenue so bears were wrong again about demand weakening.

It's actually brutal how well they have established their monopoly. No-one and I truly mean no-one can compete with NVDA. Never bet against the US.
On the other hand, the Q3 is typically the strongest for these tech companies

>>56670493
Look at the indices. Gorilla glue stuck to the upper bollinger. We ain't going down. NASDAQ is heading for a new ATH.
I can't believe people actually bet against the US

>>56662430
>past performance is not indicative of future results
Heh, nothin personel son.

>Cramer was bearish on inflation just yesterday
>Insurance could be a problem
>"If there ever was a time inflation could surprise on the upside, it's this time
Inverse Cramer, every time.
Also, NEVER BET AGAINST AMERICA

>>56547200
>AI
that's all you need, bro. Infinite growth
>average japanese person has $126,000 in savings
Holy crap. Yeah, their government is retarded and so are the banks. Their banks are even worse than ours. I hate that consoomerism is pretty much the only way forward though. Inflation and consequently growth. There was a nice piece in a 1930 article mentioning that they would transform the US into a country of pure consoooom to establish the fastest growing and the strongest economy. And well, they were correct. Everyone is running to the dollar for protection

>>56542357
Who cares about the futures bro? Just give it time to settle. Apple always behaves this way on earnings.
>apple com/newsroom/pdfs/fy2023-q4/FY23_Q4_Consolidated_Financial_Statements.pdf
This is an impressive Q3... but even I gotta say that their growth has stalled. Still, that doesn't really matter that much. They are increasing their earnings per share in a difficult economic climate. Very impressive. I'd say a limited downside of max 7% just like before (and that's if things go fubar)
Don't ever bet against America

>>56528425
Applied to 100+ jobs, have gotten 4 interviews so far. Is this the supposedly strong job market? Fugg it I'm just gonna do a PhD in materials science

>Copper
The absolute state of copperfags. EVs, with the exception of Tesla, are facing a downwind, China is sketchy at best, and the housing market is stale. Copper at these levels is barely profitable and miners have been taking huge hits these last months.
What exactly is the saving grace of Copper? I guess the only reason it hasn't dropped more is the strong and resilient US economy. If consoomerism were to start decreasing (which it might next year) as rates are kept at higher for longer... could we see the death of Copper? And then of course a mega bull run.
Jesus, commodities are just so bad. Unless you manage to hit the bottom or close to it, the gains are pathetic compared to stocks. The only good commodity to hold is gold

>>56483290
>Novo Nordisk
That one single handedly carries the entirety of Denmark. Germany and Sweden also have many great companies such as Atlas Copco, Trelleborg, Volvo, and smaller specialization companies that have yielded me great performance (on par with the best the US has to offer).
And of course we have European regional banks that have insane profits, earnings, and divvies. Love those stocks

>>56447943
Why hold a completely unsafe, unregulated, and uncertain market asset like bitcoin when you can just hold NVDA? NVDA has outperformed Bitcoin and will continue doing so. A lot of people that bought in 2021 that are left holding the bags.
I dunno, I just don't see what the big deal is about these coins. In my eyes, they are completely devoid of any value.
Also, Lum would never hold any such coins. She's a proper tech-boomer

>>56329953
cute. I wonder just how far we'll make it this year. 4800+ is definitely a possibility now

>>56055125
Well, most of the industry is extremely prosperous with ginarmous earnings, historically low P\Es, special tax evasion deals with rhe state, and very much benefit from the thriving US industry. I wouldn't dare to short Volvo for example. Not sure how things are in DAX though
>Expected GDP revised down for Germany, i.e., lower rate of growth is expected
Hmmm, could that be the trigger? Suddenly data matters?

>>55917731
>She slurped NVDA at $178 and dumped at $138
Wtf? She's just like my mum... except my mum ain't retarded and is still holding and is up +$60k on it... selling NVDA. I can understand selling Intel, AMD, ASML, but NVDA?

>>55744429
EUpoorcuck reporting in, -0.6%. Pretty bad but better than index so there is that. Please USbros, don't let Apple fall

>>55729841
Just buy BMW, a good bank, some tech stonks, and some good industry, and you will be fine m8. Shorting in EU is a bit schizo. You need to take profits fast. Your only hope now is that US dumps.
And tomorrow and Friday are probably gonna be gigagreen considering Apple has earnings and they never miss. Never bet against America

>>55621367
>labor participation rate
is higher now than last year though... and yet, income taxes as a whole decreased.
But as we have been told repeatedly, never bet against America

>>55538355
Get a good one, m8. A lightly tanned with a nice tone ass and small tits

>>55476842
Scandinavia eh?

>>55430922
Europoor that is locked out of US ETFs. LIFE IS GOOD BOIS
>>55430955
Oh you're gonna gap up, son. Gap real wide. Ehhhh anyway, probably up since we have a multitude of factors coming together but most importantly "Beat expectations" + nearing 4th of July. All hail the US

you didn't bet against america, did you anon?