The anxieties of the investing class, those restless souls who seek assurance in numbers, center upon a perceived lagging in the race for artificial intelligence, a vast expenditure of capital, and a retail enterprise that, despite its scale, struggles to yield consistent profits. These are not merely financial concerns; they are reflections of a deeper unease, a questioning of whether this relentless pursuit of growth is truly a path to lasting prosperity.
A peculiar silence has descended upon the executive suites of these afflicted SaaS entities. Few captains of industry have deigned to signal confidence by purchasing shares in their own creations – a reticence that, while understandable, invites speculation. One might almost suspect a collective premonition, a silent acknowledgment of impending obsolescence. Or, more prosaically, a complex accounting dance.
Which brings us to Ethereum. Always the bridesmaid, never the bride, as they say. But Harvard, that bastion of sensible investing, has just done something…interesting. They’ve trimmed their Bitcoin holdings and, get this, bought Ethereum. For the first time. Five point three five million shares of Bitcoin gone, replaced with three point eight seven million of Ethereum. It’s like watching your ex date someone a little…quirkier. You’re not sure if it’s a good move, but you’re definitely curious.
Everyone’s terribly excited about Nvidia and AMD, all flashing lights and impressive benchmarks. Like magpies admiring shiny objects. But Broadcom, ah, Broadcom is a different beast altogether. It doesn’t shout from the rooftops; it quietly builds the plumbing that makes the whole digital world function. Think of it as the Guild of Alchemists, turning base metals into the gold that powers the modern age. They’ve landed significant contracts with Alphabet and Anthropic, and their revenue and income are rising at a rate that would make a dragon envious.
They’re releasing earnings on Wednesday, and I’m bracing myself. Because let’s be honest, this company has a history of missing estimates. It’s a bit like watching a clown try to perform brain surgery. Entertaining, perhaps, but not exactly confidence-inspiring. Will a single good quarter change things? Don’t hold your breath. It’s like hoping a single coat of paint will fix a sinking ship.
A stock split, you see, is simply a cosmetic adjustment. It doesn’t change the actual value of the company, not one little bit. It’s like painting a donkey purple – it’s still a donkey, but it’s a rather more noticeable donkey. They come in two flavours: forward and reverse. Investors, being rather predictable creatures, prefer the forward ones. These make the shares cheaper, allowing more little people to buy a sliver of the pie. A perfectly sensible notion, if you ask me.
The year 2021 witnessed a brief, almost feverish bloom for Snap, its stock ascending to a peak of approximately $83. But such heights, alas, proved unsustainable. The introduction of new privacy protocols by Apple, a company of considerable influence in these matters, cast a shadow over the entire ecosystem of app-based advertising. Suddenly, the precise tracking of user activity – the very lifeblood of targeted marketing – became considerably more difficult. Snap, deprived of this vital intelligence, found itself adrift, struggling to connect brands with their desired audiences.
Clearway Energy owns bits of the sun, the wind, and a few gas plants. They sell the electricity to folks who need it. Long-term contracts. Predictable income. It’s almost… comforting. They’re expecting their cash flow to grow at 7-8% a year until 2030. That’s what they say, anyway. They have a fancy relationship with a renewable energy developer. More projects coming. More cash, maybe. A 4.7% dividend yield. It’s not enough to retire on, but it’s a start. So it goes.
This proposal, if enacted, might lift one of the many chains that have bound crypto companies to the dungeon of traditional banking. Yet, one wonders: is this a genuine effort to liberate, or a hollow gesture to pacify an industry that has grown too large to ignore?
Philippe Laffont, managing Coatue Management, has consistently demonstrated a focus on companies positioned to benefit from disruptive technologies. Recent 13F filings reveal a recalibration of holdings within the artificial intelligence (AI) sector, characterized by both reductions in established positions and the emergence of a new lead holding.