The sudden departure of a chief financial officer is rarely a cause for celebration. In this instance, however, the swiftness of the transition—Alex Kayyal, scarcely settled into the role, now relinquishing it—introduces a note of particular unease. One is reminded of a traveler abruptly abandoning a journey, leaving unanswered the question of what prompted such haste.
Three point two million bucks, give or take. That’s what Sather dropped on those shares. Calculated by the market’s whim, the average closing price. But here’s the rub. The whole position, even with the new additions, lost nine point three two million. The stock’s been circling the drain, and even new money can’t entirely plug the leak.
The answer, as these things often are, resides in valuation. A price, it appears, ventured too far ahead of the underlying reality, a phantom limb extending beyond the body of the business itself.
Indeed, the company has, in recent years, experienced periods of undeniable difficulty, though a degree of improvement has lately been reported. It remains to be seen whether this is a genuine recovery, or merely a temporary respite before a further decline. The discerning investor must, therefore, proceed with caution, and endeavor to ascertain whether Macy’s shares represent a true opportunity, or a cleverly disguised disappointment.
Companies such as Nvidia and AMD may capture the headlines with their innovations, but it is TSMC that possesses the singular capacity to make those innovations a tangible reality. Without this quiet colossus, the entire chain of supply, the delicate network that sustains the AI revolution, would falter. And yet, despite its undeniable ascendancy, the market, in its perpetual restlessness, seems to undervalue its worth.
So, the government, that lumbering beast, has decided to play miner. It’s thrown a lifeline – $1.6 billion, a king’s ransom – to USA Rare Earth. Not out of benevolence, mind you. But to build a domestic source, to lessen the reliance on distant shores. The stock, naturally, leaped like a startled hare. Promises are cheap, but they can inflate a share price beautifully.
According to the SEC filing – because everything needs a filing – Generali increased its stake in MercadoLibre. It’s like when you realize you really like a band, and then you buy all their albums. Except instead of a band, it’s a company that ships stuff to people. And instead of a credit card, it’s… well, it’s a fund managing billions. Semantics, really. The purchase bumped their holdings by $6.88 million, which, let’s be honest, is a nice little bonus for someone’s quarterly numbers.
The word from TechCrunch, a publication devoted to these modern marvels, is that Apple’s Indian performance is nothing short of spiffing. This follows whispers of robust iPhone sales in China, suggesting the latest model is being received with a hearty ‘well done!’ by consumers. It’s a bit like a particularly good cucumber sandwich – universally appreciated, what!
The selling pressure that defined the week after the U.S. market holiday on Jan. 19 never truly let up. From January 19 to January 23 (ET), crypto ETFs faced one of their most punishing stretches of the new year, with risk appetite fading sharply across the largest products.
It is a curious observation, this modern devotion to the fleeting images displayed upon illuminated rectangles. Hours are surrendered, fortunes spent, all in pursuit of connection, validation, and, increasingly, the illusion of a life well-lived. But within this seemingly frivolous pursuit lies a potent economic force, one that astute observers might leverage to their advantage. Two such opportunities present themselves, not as bold gambles upon the unknown, but as reasoned investments in enterprises already deeply entrenched in the habits of modern men.