Month: December 2020

Activist hedge fund is pushing Intel Corp to explore strategic alternatives

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Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should remain an integrated device manufacturer, according to a letter it sent to the chipmaker’s chairman on Tuesday that was reviewed by Reuters. Third Point CEO Daniel Loeb wrote to Intel chairman Omar Ishrak calling for immediate action … Read more

Is CuriosityStream (streaming platform) grossly undervalued at $550M with already 13M paying subscribers?

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by bearsgotoalaskanstfu The streaming industry is getting a lot of exposure lately with all the news from Disney+ and HBO max. Looking for a pure play in the streaming service I came across CuriosityStream. Basically the platform offers documentaries about science, history, politics, etc… and they have over 3000+ titles in the platform. The founder … Read more

This should not last for more than another week or so. But, right now, it’s bad!

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Interesting chart from Bloomberg today. The combination of partial lockdowns and holiday lull has plunged the economy back to its worst levels from last March. This should not last for more than another week or so. But, right now, it's bad! https://t.co/VrAnAAzbVL — Jim Bianco (@biancoresearch) December 29, 2020 More than 11m people under 40 … Read more

Speculative investors are hopped up on the price action. They are like gamblers at the casino as they are long cloud stocks on margin because they are the future. We’ve seen this play out before in the late 1990s…

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by UPFINA Price has a massive impact on sentiment. People begin to believe things that they otherwise wouldn’t have when prices were lower. From 2001 to 2019, most investors said the late 1990s was a crazy moment in market history which they probably wouldn’t participate in if it happened again. Now, we are seeing the late … Read more

What we are seeing is fiat currency debasement in a global scale, not just “weak dollar”.

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In the year of the "weak dollar" headlines, the US Dollar has strengthened above the majority of currencies globally. What weare seeing is fiat currency debasement in a global scale, not just "weak dollar". pic.twitter.com/U61l9UWF0j — Daniel Lacalle (@dlacalle_IA) December 29, 2020 As 2020 comes to a close, the recent growth in M1 as of … Read more