Hints and tips:
...ABN Amro declined to reveal the size of its clients’ holdings in Nike and does not intend to restrict investments in the company....
...The Y-40 team “once submerged a Fiat Cinquecento, just for fun,” Rocca says, but if you wanted to go full rock’n’roll, you could easily fit a whole fleet of Rolls-Royces....
...Since 2022, Tesla has dropped the price for its Model Y sport utility vehicle by about $20,000....
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Likewise, S&P Global Mobility surveys suggest stable EV loyalty, measured as the share of EV owners whose next car was an EV, especially for Teslas....
...State Street Global Advisors’ SPDR S&P 500 Ucits ETF has attracted €2.7bn in net inflows over the three months since its fee was cut to 0.03 per cent in November last year....
...The Cybertruck is the first new Tesla vehicle since the Model Y in 2020, at a time when profits have fallen because of price cuts across its range to spur demand....
...Below is the trailing P/E ratio on the S&P 500: There are other signs of dizziness out there. Some individual stocks have gone bananas....
...By this measure, model portfolio assets rose 48 per cent from $286bn to $424bn in the two years to June 2023, a period during which the S&P 500 was broadly flat....
...Bluebell does not publicly disclose its holdings, but co-founder Giuseppe Bivona said BlackRock is one of the largest of its 10 to 15 concentrated positions....
...Experience-based spending — particularly travel — is holding up....
...Owning 50 shares at $2 apiece is no different to holding 100 shares at $1 each — or, in the case of Chipotle, one at $2,900 versus 50 at $58. Nor does it do anything to performance....
...S&P Global considers CVR an important part of its calculation of the conglomerate’s indebtedness....
...Three Nasdaq-listed companies, Nano Dimension, Ehang Holdings and Canaan, appear in the S&P data as having short interest that’s a multiple of the shares outstanding. This is hypothetically possible....
...The S&P 500 has hit multiple record highs over the past month, while the tech-dominated Nasdaq Composite was within touching distance of its own record this week....
...books repayments of the vendor financing through the financing activities section of its cash flow statements, along with debt and dividend payments, suggesting that in some ways it is even more finance-y:...
...According to S&P Global, in the first nine months of 2023 global private equity investments had an aggregate value of $365.3bn, a decline of 44 per cent year over year....
...MSCI and S&P have put companies linked to the Myanmar junta in their ESG products, as my colleague Patrick Temple-West reports this week. But active funds have questionable holdings too....
...The MSCI China index is set to finish the year down more than 17 per cent, compared to a rise of more than 24 per cent for the S&P 500 in the US....
...During the period that global zombies were on the rise, the US zombie population was stable (in the chart below, the y-axis is zombie share of companies; blue line is listed companies; red line is privates...
...It is a good time for investors to cut holdings further....
...Covered call ETFs sell options on underlying equity holdings to generate income in the form of premiums while also limiting the magnitude of gains and losses....
...According to Berkshire’s second-quarter report, as of June 30, the company’s holding of Apple was worth $178bn....
...Bear positions have almost tripled since the start of the year, according to S&P Global Market Intelligence....
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