Breakaway - Investing & Finance
Breakaway from the haters and mainstream thought. Learn about Investing, Finance and the Economy in a plain english and entertaining way. Understand the business environment and make money investing. Uncertainty in the markets driven by crisis, anarchy, politics and craziness is simply opportunity. Facts and truth here.
Breakaway - Investing & Finance
Mkts, Meta, Tesla, Nvidia, AI
Opening
I need them to ask "Do you have the aircraft 4 miles off of your 2 o'clock, 300ft above you.
I took Flying lessons…its like learning a foreign language.
Markets
- Rocky week:
- NVIDIA largest mkt cap loss ever in 1 day. ~$600b
- DeepSeek fear!
- Fed decision on interest rates. Stay and hold.
Microsoft
Microsoft's earnings for the second quarter of fiscal year 2025 were $24.1 billion in net income and $69.6 billion in revenue.
Apple
Apple per WSJ. Apple’s total revenue was $124.3 billion, rising almost 4% from the same quarter last year. Net income was $36.3 billion, up more than 7% from the prior year. Iphone sales down, but service continues to grow.
Meta
- Record Revenue and Net income: $48b and $21b. Record high stock price: $702, or $1.8t mkt cap
- Start: 12:50.
- 3.3b people using at least 1 app everyday.
Tesla
- Record deliveries and revenue. But Auto revenue down, but offset by Energy and Services.
- Elon’s opening remarks. Start 7:10.
- Model Y best selling vehicle on Earth in 2024.
- 4 in US. F-series, Silverado, RAV
- Asked random people and they thought Toyota
- Autonomy is 10x’ing
- Tesla more valuable than several times next 5 companies combined. Difficult but achievable. Well over $15 trillion. So > 10x increase.
- Ridiculous 2027 & 2028. 🧐
- In Q4, Tesla vehicles using Autopilot technology drove 5.94 million miles between accidents2 – the best Q4 ever – compared to the U.S. average of 700k miles.
- Tesla cars now drive themselves from factory floor to loading doc queue. Sometimes a mile+
- Launching Robotaxi in Austin in June.
NVIDIA/AI
- Single largest market cap day loss in 1 day. $147 to 118 (down 25%). Back to 127.
- Interesting take on “Distillation” from Sacks.
- DeepSeek: Bill Ackman nails it.
- Brad Gerstner on cost.
DOGE
- CA Govt: FTB Tax board. My experience!!
- $800 fee. Tax returns. Penalties. Waiting on phone. Snail mail.
- Can’t find on Sec of State how to dissolve!?
- Cancelling scholarships in Burma.
- USAID spends $40B+ of taxpayer dollars to fund foreign aid:
- - $45mm to DEI scholarships in Burma
- - $520mm for consultant-driven ESG investments in Africa
- - $1.2bn in awards to undisclosed recipients
- Source: https://usaspending.gov
Government
40 Years Ago (1985): 11 doses by the time a child was 18 years old, considering the schedule and booster shots required.
Children now receive about 70 doses of vaccines by the time they reach 18 years, including annual flu shots and considering the broader spectrum of diseases covered.