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Micron Melts on Earnings; Beyond Meat McBoosted; Unicorn Wrangling

by Joseph Hargett September 27, 2019 Great Stuff

Friday Four Play: The “Boy, Were They Wrong” Edition It’s been quite the week for boneheadedness on Wall Street … especially among analysts. To paraphrase Mark Twain: “But I repeat myself.” The biggest farce of the week has been Wall Street believing that a U.S.-China trade deal is near. We saw upticks in the Dow […]

Storming Area 51; Uber and WeWork “Almost Worthless”?

by Joseph Hargett September 20, 2019 Great Stuff

Friday Four Play: The “Storm Area 51” Edition Are we alone in the galaxy? Today, some quirky millennials are going to try to answer this existential question — while “Naruto running” past government military security. It’s officially “Storm Area 51” day. This bizarre mess all started as a joke on Facebook. Millions of people signed […]

The U.S.-China Poker Match; Dollar General Beats; TSA Bans Coke Bottles

by Joseph Hargett August 30, 2019 Great Stuff

The U.S. and China are friends again … for now. But that September trade meeting is looming large.

Tesla’s “Production Hell” and “Logistics Hell” Tanks Shares

by Joseph Hargett July 25, 2019 Great Stuff

“Living easy, living free. Season ticket on a one-way ride.” AC/DC ain’t got nothing on Tesla Inc. (Nasdaq: TSLA). After going through “production hell” and “logistics hell,” CEO Elon Musk is in his own personal hell this morning. Tesla posted a loss of $1.12 per share in the second quarter, missing even the most bearish […]

Friday Four Play: IPO Edition

by Joseph Hargett June 7, 2019 Great Stuff

Initial public offerings (IPOs) are finally cool again! Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT) tried their hardest to scuttle enthusiasm in the IPO market. But Wall Street has finally shaken off those doldrums. I mean, Uber is finally trading back above its IPO price … so we’re all good, right? (Sorry, […]