A little over two weeks after it announced receipt of "conditional approval" to open its $5.5 billion gigafactory in the town of Grünheide near Berlin, Tesla$Tesla Motors(TSLA)$ officially announced the factory's opening on Tuesday. Reports say that CEO Elon Musk literally danced in joy at the opening. Investors are pretty happy, too, because Tesla stock is up 3.3%. Why is this such a big deal for Tesla? As The Wall Street Journal explained yesterday, Tesla plans to grow its Berlin gigafactory to the point where it will be able to produce 500,000 cars per year -- but that's just one part of the good news. By building cars in Europe, Tesla will be able to avoid both the cost of shipping cars to Europe from plants in the U.S. and China as well as impor
BaronLyly
No personal profile
8Follow
328Followers
0Topic
0Badge
$Microsoft(MSFT)$
3 Unstoppable Metaverse Stocks With Monster Upside
The metaverse describes a virtual world that could be the next generation of social interaction. It stands to unlock unprecedented potential for businesses that are both building it, and building for it, as it takes opportunities in the digital economy to the next level. Some estimates suggest the metaverse could be worth over $1.6 trillion annually by the end of the current decade, and three Motley Fool contributors think Meta Platforms$Meta Platforms, Inc.(FB)$ ,Unity Software$Unity Software Inc.(U)$ , andSnap$Snap Inc(SNAP)$ could capture sizable chunks of that giant pie. Here's why. Anthony Di Pizio(Meta Platforms):When it comes to social connection, Meta Platforms is
3 Unstoppable Metaverse Stocks With Monster Upside
Tesla Stock is Streaking Higher Again, Cracking $1,000. What Gives?
Tesla Stock is Streaking Higher Again, Cracking $1,000. What Gives?
Forget the FAANGs. It’s a stock picker’s market now
investors who have been blindly buying all big techs got a rude awakening this week after Netflix$Netflix(NFLX)$ imploded.But thegood news from Tesla$Tesla Motors(TSLA)$ proves that some top momentum stocks can still thrive in this rocky market. The latest results from Tesla and Netflix show how silly it is for investors to buy into themes and memes like the FAANGs, orMT. FAANG, if you want to add Microsoft$Microsoft(MSFT)$ and Tesla to the Facebook$Meta Platforms, Inc.(FB)$ Amazon$Amazon.com(AMZN)$ Apple$Apple(AAPL)$ Netflix
Forget the FAANGs. It’s a stock picker’s market now
$Taiwan Semiconductor Manufacturing(TSM)$ The company is at the industry forefront, constantly improving its current products and creating new ones. TSMC is ready to launch mass production of 3nm chips in the next quarter. The company sees demand for 3nm chips is exceeding that for 5nm chips in the first two years of the technology process launch.Despite the lower real volume of TSMC's customers, the company has long-term contracts and is expected to maintain its chip supplies. The ongoing crisis is largely affecting older generations of chips, resulting in the product mix shifting to the company's products with higher margin.Even given all kinds of risks, TSMC is now at attractive levels for long-term investors to buy.
DraftKings’ Stellar Q1 Results Cheer Investors
DraftKings’ impressive performance in the first quarter and an upward revision to its 2023 guidance seem to have boosted investors’ confidence in the stock.Shares of DraftKings $DraftKings Inc.(DKNG)$ , a sports entertainment and gaming company, gained 9.8% in after-hours trading. The company’s positive first-quarter results and improved 2023 guidance were well received by investors.It is noteworthy that the company benefited from the expansion of its Sportsbook and iGaming products into new jurisdictions and lower promotional activities. Furthermore, the top-line growth was driven by new customer acquisition and product innovation, which supported customer retention.Revenues were $769.7 million, up 56.6% year-over-year, and beat the Street’s
DraftKings’ Stellar Q1 Results Cheer Investors
$GameStop(GME)$
Can Singapore Airlines’ Share Price Return to S$8?
It’s been good news galore for Singapore Airlines Limited$SINGAPORE AIRLINES LTD(C6L.SI)$ (SGX: C6L), or SIA, for the past few months.Singapore has reopened its borders and switched to a vaccinated travel framework to replace the previousvaccinated travel lanesscheme.The result has been nothing short of amazing.Pent-up demand for overseas travel has pushed SIA’s passenger numbers comfortably past the one million mark for April, up 13-fold from the same time last year.Airfares have also surged in tandem as people rush to book holidays in the coming months.Amid the resurgence in demand, SIA’s share price has also risen to a 52-week high of S$5.62 recently as investors displayed optimism over its future.However, this is still significantly below
Can Singapore Airlines’ Share Price Return to S$8?
3 Buffett Stocks That Are Screaming Buys in May
Warren Buffett has made a fortune buying great companies when pessimism about the future is highest. Three top consumer brands from Berkshire Hathaway's portfolio look attractive right now. Buffett just recently purchased 9.5% of this top video game producer. Many investors are worried about the near-term direction of the stock market. But remember that Warren Buffett has gotten rich from putting money to work in the market when people are the most pessimistic about the future. As Buffett has often reminded us, you want to be fearful when others are greedy, andgreedy when others are fearful. Bear markets have always been followed by periods of rising stock prices. I have selected three stocks from Berkshire Hathaway$Berkshire Hathaway(BRK.B)$ <
3 Buffett Stocks That Are Screaming Buys in May
$Airbnb, Inc.(ABNB)$ $165-170 eow, $190 after earnings. Making money in both ends of the pandemic. Lock downs? Extended stay. Ready to travel? I'm long on all my travel related stocks. They will go up 25% to 30% by June and July ...iit's cheap now. People can't wait to travel and business travel is coming back.
Go to Tiger App to see more news