Hints and tips:
...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com Apple the formerly magnificent Only five of the Magnificent 7 tech stocks are performing magnificently in 2024....
...You tell us: robert.armstrong@ft.com and ethan.wu@ft.com. No, higher rates are not (very) inflationary Here’s a theory that’s been making the rounds....
...If other CEOs out there (other than John Ridding) have complaints, send them to: robert.armstrong@ft.com and ethan.wu@ft.com....
...The company, which manufactures chips for just about everyone, jumped nearly 10 per cent yesterday after less-bad-than-feared earnings and sunny guidance. Its forward P/E is just 15....
...Scaringe told investors on an earnings call that the company’s bank of orders had declined....
...He was in good company. Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...Blame a decade of under-construction and high rates locking people into low-rate mortgages....
...Robert Dietz, chief economist for the National Association of Homebuilders, said that new construction typically made up 12 per cent of total housing inventory, but currently represented at least 30 per...
...Roger Aliaga-Diaz, Vanguard’s global head of portfolio construction, emailed to say that: As long as the correlation is less than 1 (i.e. perfect correlation), there are portfolio diversification benefits...
...(Investors have never much cared about profits at Amazon, because the company has never been run to maximise them; it has always traded at an incomprehensibly high p/e)....
...Talos Energy appointed John Spath as the company’s executive vice-president and head of operations on Friday after the offshore E&P terminated its contract with Robert Abendschein....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Nvidia 2023 = Cisco 2000?...
...Think of the way tastes in jeans and T-shirts change season to season: colour, fit, construction, and so on. A clothing company has to get all that right; it has to mind read....
...An executive at one shipowner said his company had started its calculations and was “surprised by the number of D and E rated ships”, adding that clients were already seeking to find out the ratings....
...But many companies took advantage of ultra-low rates up until 2021 to push out maturities....
...That includes cutting some production of the Mustang Mach-E and delaying construction on one of two joint-venture battery plants planned in the state of Kentucky....
...That low p/e ratio may prove deceptive as the “e” declines. So, how’s that bet going?...
...Its neighbouring e& from the United Arab Emirates moved to increase its stake in Vodafone to 14.6 per cent in April and could be looking to increase it further....
...Ethan WuI’m starting a new company called L Combinator, and it’s about accelerating (Robert laughs) frauds with venture capital money so we can have more blogs and write more interesting articles....
...of almost half of all companies last year....
...But all companies focused solely on new construction are suffering, he says. “Next year is going to be cruel for those guys,” he adds. “We’ll see lots of insolvencies.”...
...InoBat will use the funding from Ideanomics to complete its research centre and open its first pilot plant in Slovakia, already under construction, by the end of this year....
...That low p/e ratio may prove deceptive as the “e” declines....
...But TSMC still seems cheap (note that Intel’s p/e ratio below is inflated by its crashing profits): TSMC’s competitive position within the chip industry is also no shakier....
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