Oh boy - Supply Chain Concerns again?
Summertime lines - for goods/food? Empty shelves?
China factories shutting down.
Talks/No-Talks Underway with China/US.
PLUS we are now on Spotify and Amazon Music/Podcasts!
Click HERE for Show Notes and Links
DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar.
Love the Show? Then how about a Donation?
Follow John C. Dvorak on Twitter
Follow Andrew Horowitz on Twitter
Warm-Up
- Now Supply Chain Concerns
- Summertime lines - for goods/food? Empty shelves?
- China factories shutting down
- Talks/No-Talks Underway with China/US
- DONE DONE DONE - Lutnick
Markets
- Capital Raise - Big Boost - ELON
- Economics - Big Week
- Earnings - The big tech names are on tap
- Berkshire annual meeting and earnings this weekend
ELON
- Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported.
- The funding would value the company at over $120 billion, according to the report.
- THIS: The artificial intelligence firm last month acquired X in an all-stock deal that valued xAI at $80 billion and the social media platform at $33 billion.
- "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach."
- ELON also says that he will be stepping back from DOGE and refocus on TESLA
HAHA! FAV STORY!
- Tesla reported a $97 million loss due to digital assets, the company’s Bitcoin holdings. In the fourth quarter, there was a gain of $270 million.
- Tesla now excludes Bitcoin swings from its non-GAAP results. Tesla also backs out stock-based compensation from its adjusted numbers.
- That means the Bitcoin gains were included in the company’s fourth-quarter adjusted results, and the losses weren’t included in the first-quarter adjusted results.
- Tesla’s report states that the accounting switch was due to the “adoption of the new crypto assets standard.”
Powell Under Fire - Update
- All is good - no new discussions is helping keep a bid under markets
Are Talks Ongoing at ALL?
- China says NO
- US says YES
- Which is it?
DONE DONE DONE
- Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved.
- “I have a deal done, done, done, done, but I need to wait for their Prime Minister and their parliament to give its approval, which I expect shortly,” Lutnick told CNBC’s Brian Sullivan.
Unusual Winner
- With consumer sentiment shrinking and concerns about recession
- Travel companies are feeling the pinch - BUT, Travel insurance companies are cashing n on the Cancel for Any Reason Plans
- People want to travel but are hesitant as they don't know what will be in the future - therefore buy travel insurance
- No pure-play publicly traded stock
-- Berkshire Hathaway Travel Protection, Nationwide
Amazon White House
- The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site.
- "This is hostile and political act by Amazon," White House press secretary Karoline Leavitt said at a press briefing.
- "Why didn't Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?" Leavitt asked.
- Amazon spokesperson tells Washington Post putting tariff rates next to products "was never under consideration for the main Amazon website.
- Says Amazon Haul has considered listing import price duties on certain products.
----- What is our take on this?
Big Moves
- Novo Nordisk and Hims & Hers Health, Inc. (NYSE: HIMS) today announced a long-term collaboration designed to make proven obesity care and treatments more accessible, more affordable, and more connected for millions of Americans.
Summertime lines - for goods/food? Empty shelves?
China factories shutting down.
Talks/No-Talks Underway with China/US.
PLUS we are now on Spotify and Amazon Music/Podcasts!
Click HERE for Show Notes and Links
DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar.
Love the Show? Then how about a Donation?
Follow John C. Dvorak on Twitter
Follow Andrew Horowitz on Twitter
Warm-Up
- Now Supply Chain Concerns
- Summertime lines - for goods/food? Empty shelves?
- China factories shutting down
- Talks/No-Talks Underway with China/US
- DONE DONE DONE - Lutnick
Markets
- Capital Raise - Big Boost - ELON
- Economics - Big Week
- Earnings - The big tech names are on tap
- Berkshire annual meeting and earnings this weekend
ELON
- Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported.
- The funding would value the company at over $120 billion, according to the report.
- THIS: The artificial intelligence firm last month acquired X in an all-stock deal that valued xAI at $80 billion and the social media platform at $33 billion.
- "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach."
- ELON also says that he will be stepping back from DOGE and refocus on TESLA
HAHA! FAV STORY!
- Tesla reported a $97 million loss due to digital assets, the company’s Bitcoin holdings. In the fourth quarter, there was a gain of $270 million.
- Tesla now excludes Bitcoin swings from its non-GAAP results. Tesla also backs out stock-based compensation from its adjusted numbers.
- That means the Bitcoin gains were included in the company’s fourth-quarter adjusted results, and the losses weren’t included in the first-quarter adjusted results.
- Tesla’s report states that the accounting switch was due to the “adoption of the new crypto assets standard.”
Powell Under Fire - Update
- All is good - no new discussions is helping keep a bid under markets
Are Talks Ongoing at ALL?
- China says NO
- US says YES
- Which is it?
DONE DONE DONE
- Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved.
- “I have a deal done, done, done, done, but I need to wait for their Prime Minister and their parliament to give its approval, which I expect shortly,” Lutnick told CNBC’s Brian Sullivan.
Unusual Winner
- With consumer sentiment shrinking and concerns about recession
- Travel companies are feeling the pinch - BUT, Travel insurance companies are cashing n on the Cancel for Any Reason Plans
- People want to travel but are hesitant as they don't know what will be in the future - therefore buy travel insurance
- No pure-play publicly traded stock
-- Berkshire Hathaway Travel Protection, Nationwide
Amazon White House
- The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site.
- "This is hostile and political act by Amazon," White House press secretary Karoline Leavitt said at a press briefing.
- "Why didn't Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?" Leavitt asked.
- Amazon spokesperson tells Washington Post putting tariff rates next to products "was never under consideration for the main Amazon website.
- Says Amazon Haul has considered listing import price duties on certain products.
----- What is our take on this?
Big Moves
- Novo Nordisk and Hims & Hers Health, Inc. (NYSE: HIMS) today announced a long-term collaboration designed to make proven obesity care and treatments more accessible, more affordable, and more connected for millions of Americans.
Activity