| | *past 24-hour performance |
| | MicroStrategy buys 5,445 BTC: In a regulatory filing yesterday, MicroStrategy (MSTR) stated it has purchased nearly $150 million worth of bitcoin (BTC) between August and September (Coindesk)
Buffett bolstering cash reserves: Warren Buffett's Berkshire Hathaway has forged ahead with paring its HP (HPQ) stake, offloading about $130 million worth of the computing company's stock in three days last week (Yahoo)
Chip rule check: The U.S. Commerce Department is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries deemed to pose American national security concerns (Reuters)
Toyota's EV boost: Toyota (TM) plans to triple electric vehicle production in 2025 from its 2024 plan, as the automaker steps up its electrification push to catch up to rivals including Tesla (TSLA) and BYD (Nikkei Asia)
Retail rethink: Analysts at Jefferies have downgraded Nike (NKE), Footlocker (FL), and Urban Outfitters (URBN), on mounting headwinds from a massive slowdown in China to a deteriorating US consumer amid restarting student loan repayments (Zerohedge)
Costco's health push: Costco (COST) will offer members access to medical care through a deal with online marketplace Sesame, as the retail giant joins peers by pushing deeper into health care (Bloomberg)
ChatGPT's new senses: OpenAI’s ChatGPT can now “see, hear and speak,” or, at least, understand spoken words, respond with a synthetic voice and process images (CNBC)
New allies acknowledged: In what's being called a jab at China, President Biden in a Monday statement recognized the Cook Islands and Niue as "sovereign and independent" states, and formally opened diplomatic relations with them (Zerohedge)
Ford pauses EV plant: Ford (F) has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL (Techcrunch) | | | If your portfolio is focused on publicly-traded stocks and bonds, you may be leaving opportunities on the table. | More than 90% of companies are privately held, including some of the world’s largest companies such as Lego, IKEA and Publix. To find funding, these companies turn to private credit. | Private credit deals offer investors favorable terms, such as yields that typically exceed benchmark rates and the potential for ongoing cash flow. For years, institutional investors have used private credit as a secret weapon to boost performance. | Now you can too. Percent makes private credit investing available to retail accredited investors with: | High APY: average of 18.55% as of August 31, 2023 Low minimums: starting at $500 Shorter-term durations: from 9 months to several years, depending on investment goals Diversification: deals in different categories including cash advances, small business loans and real estate | Stocks & Income readers can receive up to a $500 bonus with their first investment. | |
|
| | Can bowling, post-pandemic, be a growth business?: Of the entire 197 members of SPAC Class of 2021 that still exist, only 14 are still trading above the price when they merged with a "real" company. Of those, keep an eye on Bowlero (BOWL), a rollup of bowling alleys Read more » | Investors are starting to accept a new reality of higher rates, lower stocks: As markets adjust to high rates, no one seems very confident in where the stock market goes from here. Read more » | The not-so-magnificent 493: Over the last decade, the revenue of the Magnificent 7 has compounded at 16% a year, while their free cash flow has grown at 13% a year. Read more » |
|
| | How one robber baron’s gamble on railroads brought down his bank and plunged the U.S. into the first Great Depression (Smithsonian) The enduring lessons of ‘Dumb Money’ (Institutional Investor) The great macro dreamscape Part 1 (Praetorian Capital) | | | | | If you're concerned about the direction of the US economy… | You need to see this guide on how to diversify and protect your retirement savings. In it, you’ll learn how to protect yourself from surging National Debt... a weakening U.S. Dollar... stock market downturns... and much more. Get your guide here. | SPONSOR |
| |
| | |
| | | | | Thunderclap Research is a professional investment research firm focused on understanding and profiting from market anomalies. | We take both a quantitative and qualitative approach to research and focus extensively on strategies for established money managers and everyday retail investors. | We are a small, self-funded team of real humans going up against the hype-filled, sensational news outlets in the world. You can check out a selection of our other publications below. | | CoinSnacks Digestible crypto news. | | Subscribe |
| | Gold Playbook All your gold investing news in a single daily email. | | Subscribe |
| |
|
