The value of their existing stake, as of the end of the quarter, had swelled to $25.57 million – a tidy increase of $24.70 million. A significant portion of this, naturally, is down to the addition of more shares, but let’s be honest, a bit of market appreciation never hurt anyone. Except, perhaps, those who shorted it.2
I keep returning to the image of Mildred’s fruitcake. She insists it improves with age, a theory I suspect is based entirely on her unwavering optimism. Cardano, on the other hand, feels less like a maturing delicacy and more like a forgotten loaf, slowly hardening on the counter. The question isn’t whether it’s cheap, it’s whether there’s any actual nourishment left.
Despite its brand recognition, Tesla’s core business remains, fundamentally, the manufacture and sale of automobiles. In fiscal year 2025, approximately 73% of its $94.8 billion in revenue derived from EV sales. This underscores the continuing importance of automotive performance to overall financial results. Current market dynamics, however, present headwinds. Demand for EVs has moderated, coinciding with a less supportive macroeconomic environment and the expiration of the $7,500 federal tax credit in the prior year.
Concerns regarding the disruptive potential of artificial intelligence – as if progress were ever entirely benign – and the rather vulgar subject of valuations have conspired to transform this erstwhile leader into a mere follower. It hasn’t exactly fallen, mind you, but it lacks the impudent energy of its recent past. A pause, one might say, for breath and a little self-reflection.
The dissolution, executed during the latter part of the past quarter, involved the complete disposal of 132,779 shares of Match Group (MTCH +2.21%). A sum of $4.69 million changed hands, a figure which, whilst considerable, scarcely seems to ruffle the composure of the larger market. One suspects the decision was not taken lightly, yet the precise motives remain, as is so often the case, veiled in a becoming modesty.
They’re talking about growth, of course. ALWAYS talking about growth. But the air is THINNING. Competition? It’s a goddamn free-for-all out there. Disney, Apple, Amazon… they’re all circling, snapping at Netflix’s heels. And when the sharks start smelling blood, things get… messy. Pricing power? Forget about it. Churn? It’ll be a revolving door of disgruntled subscribers, switching services faster than you can say “binge-watch.”
And what a business it is! Datadog, you see, operates in that peculiar realm of software where artificial intelligence is less about thinking machines and more about automating the anxieties of IT departments. A most profitable endeavor, wouldn’t you agree? The company isn’t merely selling tools; it’s selling peace of mind, a commodity always in high demand, particularly when servers threaten to spontaneously combust.
The chaps at Apple recently unveiled a collection of new contraptions, as they are wont to do. New products, naturally. However, amongst the usual assortment, a particularly interesting development emerged, a catalyst for growth that might just justify a spot of investment at this very moment. Let us delve into the details, shall we?
Let’s look at three stocks. Three. Don’t get your hopes up too much.
Wall Street, a place populated by gentlemen in pinstripes and even fewer scruples, has decided these shops are terribly clever. Consequently, the price of a tiny sliver of ownership – a ‘share’, they call it – is rather inflated. This means we, the sensible folk, must examine things very closely indeed. Which shop is the least likely to fleece you completely?