• Breaking News

    Saturday, October 3, 2020

    Why so much hate on “Robinhood traders”/amateur investors? Investing

    Why so much hate on “Robinhood traders”/amateur investors? Investing


    Why so much hate on “Robinhood traders”/amateur investors?

    Posted: 02 Oct 2020 07:54 PM PDT

    I just started investing in the stock market this year, and in that time all I've heard is shit talking about how the "Robinhood traders" are ruining the market, don't know what they're doing, will lose their asses off, etc.

    What's the deal with all the hate? Seems like there's a huge "only institutional investors know what they're doing" mentality—from institutional investors. Any credence to that? Or is it just sour grapes?

    submitted by /u/mcsf1234
    [link] [comments]

    Tesla delivered 139,300 vehicles in Q3

    Posted: 02 Oct 2020 05:51 AM PDT

    Tesla said Friday it delivered 139,300 vehicles in the third quarter, and produced 145,036 vehicles.

    As of Wednesday, analysts expected Tesla to report deliveries of 137,000 vehicles over the last three months, according to a consensus of analysts surveyed by FactSet. (Their estimates ranged from 123,000 at the low end to 147,000 at the high end.)

    submitted by /u/Sf766
    [link] [comments]

    Nio Reports 154.3% Increase In Q3 Deliveries

    Posted: 02 Oct 2020 05:49 AM PDT

    NIO delivered 4,708 vehicles in September 2020, a new monthly record representing a strong 133.2% year-over-year growth. The deliveries consisted of 3,210 ES6s, the Company's 5-seater high-performance premium smart electric SUV, 1,482 ES8s, the Company's 6-seater and 7-seater flagship premium smart electric SUV, and 16 EC6s, the Company's 5-seater premium electric coupe SUV. NIO delivered 12,206 vehicles in the third quarter of 2020, representing an increase of 154.3% year-over-year and exceeding the higher end of the Company's quarterly guidance.

    submitted by /u/Sf766
    [link] [comments]

    Oil & Gas Demand Projections for Covid

    Posted: 03 Oct 2020 02:30 AM PDT

    I'm looking for a report that maps o&g demand and price to different shutdown scenarios in the coming two years.

    Has anyone seen a report like this? Or know organisations that frequently do? I'm willing to pay for access/sign up for a broker like Credit Suisse that might provide one as I'm eyeing up low-breakeven cash-flush majors like EOG, CVX, CEO to potentially DCA into in the coming months as the world realises that lockdowns are here to stay.

    As we've seen there's a demand component pushing price down but, as wells are shut off (some of them permanently) there's also future upward pressure as supply fades.

    I've seen a report by Dallas Fed but they just extrapolate a line without much context - looking for something more in-depth. BP released a future of energy last week but that's looking towards 2050 and states the obvious on the LT outlook.

    submitted by /u/dizzydes
    [link] [comments]

    Should a company do the SEC filing before announcing the news?

    Posted: 02 Oct 2020 04:52 PM PDT

    I always thought that any action that a company takes which has a probability of affecting the price of its stock should be filed to the SEC before announcing such action.

    However, looking at the Piedmont Lithium stock over the past days makes me doubt myself:

    - The stock jumped at about 7:20 AM.

    - The SEC approved the game-changer filing at 10:15. https://www.sec.gov/Archives/edgar/data/1728205/000172820520000031/0001728205-20-000031-index.htm

    My only thought is that there was some insider trading, however the insider trading information doesn't reflect this.

    Is there something that I am missing?

    submitted by /u/LaNiebla
    [link] [comments]

    How the heck do ETFs work

    Posted: 02 Oct 2020 11:49 AM PDT

    So I'm doing a school task on passive etfs. Help me understand them please. I have one qualm which confuses me.

    My question is how the ETF raises money, and after the initial raise. Does the ETF just issue more shares to the secondary market and use the money that people give them in exchange for those shares to buy even more of the underlying asset. Or, can they not issue more shares without buying more underlying assets first.

    I read an AP has to buy shares, then exchange them for ETF shares, why can't the ETF just issue shares itself and use the income to buy more securities.

    Thanks

    submitted by /u/limbwalkerXvxx
    [link] [comments]

    Curious for someone with more knowledge/years in the games opinion

    Posted: 02 Oct 2020 08:49 PM PDT

    Just curious on a 2nd or 3rd opinion on a few stocks I've been eye balling. Would graciously appreciate someone with maybe some more knowledge opinion.

    Would love any insight you guys have on these tickers. Thanks again any constructive thoughts are GREATLY appreciated.

    $NEE - Amazing Long term growth. Attempting to buyout other companies. Dividend has been rapidly increasing. Is the growth potentially done or near done?

    $AVGO - Amazing long term growth. Dividend has been RAPIDLY increasing. Can't imagine Broadcom getting smaller but just like NEE how much more growth is there still?

    $NVDA - INSANE long term growth. Big player in the market. Doubtful they are going anywhere in the future Trash dividend. And once again they have grown so much idk how much more they are likely to grow.

    $PYPL - Amazing long term growth. PayPal rumored to be moving into Ecommerence. Huge player for electronic transactions. I forsee them continuing to grow into the future.. No dividend

    $PENN - Amazing long term growth. Analysis put a $100 PT. I dont see gambling EVER going anywhere in the future.

    $COST - Decent long term growth. I feel like Costco is going to continue to grow as a super giant into the future. Dividend is slightly lacking.

    $U - New IPO. Unity is a huge player in the mobile app industry. If expect growth with them branching out. Not to mention I dont see mobile app using another company to this degree.

    $T - Mainly for the dividend. 10yr growth is a mere 2% on average. I feel like HBO MAX and the casual dividend increase will make up for this long term.

    $JPM - Decent long term growth. Bad PR recently but I dont see that holding it back. Dividend is pretty prime and the banking sector will grow once interest rates are settled.

    $CRSR - New IPO.HUGE player in the ESports community. Doesn't seem to be slowing down at all. Big on Twitch.tv with sponsorships and the streaming industry. Esport is a rapidly growing industry. Sadly no dividend as of now.

    $KIRK - There site is a overstock wayfair look alike. In the future I can see them rapidly growing just as those did. Even to some degree the growth potential would be massive.

    $JMIA - Essentially the amazon of Europe/Africa. Branching out into the African market. The growth on this seems like it could be exponential.

    $AGO - New IPO. Sells camping gear as well as GUNS and AMMO. Comparing it to camping world [$CWH] seems like there's alot of potential growth in the market.

    submitted by /u/Philly19111
    [link] [comments]

    US adds 661,000 jobs in September & U-3 unemployment rate falls to 7.9% as employment recovery slows amidst Covid-19 pandemic.

    Posted: 02 Oct 2020 05:48 AM PDT

    Over the month of September, the US added just 661,000 jobs, down from the 1.4m jobs added in August, a month that was boosted by the temporary hiring of 238,000 people to conduct the 2020 Census.

    About half of the jobs lost in the early months after the coronavirus hit the US have now been recovered. But the recovery in the jobs market has been uneven, disproportionately benefitting white men while young people, women, Latino and Black Americans have continued to struggle to make up lost ground.

    From: https://www.theguardian.com/business/2020/oct/02/us-unemployment-numbers-elections-economy-jobs

    The current Employment Situation Summary can always be found at: https://www.bls.gov/news.release/empsit.nr0.htm

    submitted by /u/quantum_foam_finger
    [link] [comments]

    Ideas for where to leave £3k for next 30/50/75 years

    Posted: 03 Oct 2020 03:56 AM PDT

    Hi, I don't want to get too bogged down in the detail but basically in the UK right now you can get ~£16k worth of free stuff from the government if your income is below a certain threshold, but they ignore pension contributions so if you overpay into a pension fund for a couple of months they assess your income as being lower so you can claim the free stuff.

    I've therefore ended up with about £3000 in a fund through my employer, but it's sat in fairly conservative mid-risk investments and they're charging me 0.75% for the pleasure. I can transfer this fund out into a SIPP, but I can't access it until I'm at least 58 which is 32 years away and will probably rise to 60 before then. Given this is separate to my already pretty good defined benefit pension I may not even need to access this at all - although for tax efficiency it's going to be worth taking the 25% tax free lump and making sure the pot is emptied as tax efficiently as possible before I die (assuming tax law here doesn't change dramatically in the next few decades!).

    Anyway, my question for you guys is where would you invest £3k that you've basically ended up with as a voucher you can invest but can't spend until you're old, but that you don't need to rely on because you've already got a cushy defined benefit pension? I'm willing to take a significant risk with it, obviously I'd like it to grow as much as possible but if I lost it altogether I'm still quids in and I can afford to leave it invested basically indefinitely so volatility isn't really a concern as long as the return over the long term is as good as possible. I don't want to have to be moving it much or at all though - I have lots of other investments to think about that I need to access sooner so this one really needs to be a set and forget deal. I'm therefore angling towards Vanguard for their low fees, but AJ Bell are another option in the UK who have low charges if you're not doing any trades and they let you invest in anything rather than just Vanguard's limited selection.

    Obviously a global all-cap index is the boring answer, but I'm willing to accept more volatility than that to get a better return and essentially have all the time in the world to wait out any drops.

    Emerging markets was another thought but I'm not convinced by this idea. Asia ex-Japan seems more promising?

    I did think of highly volatile stuff like bitcoin, but over this period it's either going to zero or to the moon and I'd have to concern myself with whether to sell when it hits the next ridiculous peak and ideally I'd not have to think about this at all.

    Of course, I could just pick a few big companies which I'm absolutely convinced will be doing well in 75 years and leave it at that. Microsoft, Apple, Amazon for example - but then I'm not sure the returns on these would be any better than an index, with more risk introduced if any of them do fall over by 2100. Something like Tesla might be a good play here too I suppose, although Musk is pretty unstable and will die before me unless he uploads himself to a computer or something which introduces some uncertainty about where the company will go when he goes.

    Anyway, sorry for the long post for a comparatively small amount, it's just an unusual situation and not one I'm used to. Any and all thoughts welcome!

    submitted by /u/SMURGwastaken
    [link] [comments]

    Is this a hedge?

    Posted: 03 Oct 2020 03:33 AM PDT

    New to investing and FIRE. I followed the growth bandwagon but I've been increasingly worried about the S&P becoming so tech heavy in just a few companies, ie. FAANG. Mostly VOO and VIGAX here, but I've started buying VTV. Is this an effective hedge or does my portfolio have a dissociative identity disorder?

    submitted by /u/Citalos
    [link] [comments]

    [WSJ] Uber Postmates Combo Could Be a Raw Deal. Postmates had an accumulated deficit of $929M as of June 30. Postmates lost more than $32M in the 2nd quarter at the height of the pandemic, despite Uber reporting that Postmates saw an implied $1B in gross bookings in the period.

    Posted: 02 Oct 2020 07:27 AM PDT

    https://www.wsj.com/articles/uber-postmates-combo-could-be-a-raw-deal-11601636580

    It seems Uber Technologies may have been hungrier than investors appreciated.

    A regulatory filing last Friday by the company, including new details on its previously announced acquisition of smaller food-delivery rival Postmates, seemed to fly under Wall Street's radar. While Uber has touted the deal as highly synergistic—projecting it to accelerate its path to profitability—fresh financials included in the filing seem to spoil some of the promise of that narrative.

    The filing gave an update on Postmates's losses, which have continued to grow—albeit at a slower pace than last year. This is despite solid demand for food delivery amid the pandemic. According to the filing, Postmates had an accumulated deficit of $929.3 million as of June 30. Compared with the previously reported deficit as of March 31, that means Postmates lost more than $32 million in the second quarter at the height of the pandemic, despite Uber reporting that Postmates saw an implied $1 billion in gross bookings in the period.

    Meanwhile, new details on the evolution of the acquisition agreement also included in the filing indicate that, before the pandemic-precipitated boom in food delivery, Postmates's financials looked less than stellar. Initial acquisition discussions, which began in May of last year, apparently ended in part because Uber determined that Postmates's economics "remained in a challenged state." The filing also suggests that Postmates might have passed on two alternative deals with special purpose acquisition companies in June of this year in part due to its need for cash "to meet future capital requirements."

    Uber said in July that it expects to incur more than $200 million in run-rate synergies one year after the close of the deal, while Postmates management pegs annual cost-savings from the deal at $225 million in the filing. Those synergies are key to Uber's profitability next year, especially given the fact that Postmates's forecasts included in the filing imply its own revenue would have been growing more slowly than Uber's on a stand-alone basis. According to the filing, Uber still expects to reach profitability next year on an adjusted basis as a combined entity.

    submitted by /u/ashleyOoO
    [link] [comments]

    Where to start putting my money, VFIAX?

    Posted: 03 Oct 2020 03:15 AM PDT

    I am new to investing, honestly just looking where to put money monthly, instead of it sitting in my banks savings. Ill have about 1.5k-2k.

    I have 10k and a vanguard account. Is the VFIAX where I should just start throwing money into?? Not really looking to do stocks myself, I may buy a few here or there but Im not looking to be a goldman sachs.

    submitted by /u/BecomingThor
    [link] [comments]

    PIUs after company goes public

    Posted: 02 Oct 2020 04:41 PM PDT

    Hoping someone can shed some light on this. I spent about 2 hours last night googling but I didn't come up with anything, so I appreciate anyone's insight.

    My company issued me PIUs about 2 years ago. I had no clue what those were and even now I just have a VERY basic knowledge of how they work....mostly learned from what they presented and online articles I found. So my company confirmed this week that they plan on going public sometime next year. I was wondering what happens to PIUs in this scenario?

    submitted by /u/HS_VA
    [link] [comments]

    Today's Trending Companies in the News

    Posted: 02 Oct 2020 03:22 PM PDT

    TSLA - Tesla, Inc.

    • Tesla breaks quarterly vehicle delivery record.
    • Tesla CEO Elon Musk says automaker will launch in India next year - Roadshow.
    • TSLA Stock Down 4% Now, Elon Musk: Tesla May Enter India in 2021.
    • Tesla Notches Record High 139,300
    • Tesla breaks quarterly vehicle delivery record.
    • Tesla CEO Elon Musk says automaker will launch in India next year - Roadshow.
    • TSLA Stock Down 4% Now, Elon Musk: Tesla May Enter India in 2021.
    • Tesla Notches Record High 139,300 Vehicle Deliveries In Q3.
    • Elon Musk on Tesla's India entry: 'Next year for sure'.
    • Elon Musk Says That Tesla Is Coming To India In 2021.
    • Tesla CEO Elon Musk hints at India entry in 2021.
    • 'Next year for sure': Tesla CEO Elon Musk suggests India entry in 2021.
    • Tesla CEO Elon Musk suggests India entry in 2021 - Times of India.
    • Tesla CEO Musk suggests India entry in 2021 | Business.

    AMZN - Amazon.com, Inc.

    • WATCH: Amazon said nearly 20K of its workers got coronavirus.
    • Amazon Counts Over 19,000 Employees Infected By COVID-19.
    • AirPods 2 just got a new deeper discount at Amazon, but not for long.
    • Amazon: Nearly 20,000 Employees Caught Covid-19 Out of 1.3 Million Workforce.
    • Amazon Reveals 19,000 Frontline Workers Contracted Coronavirus.
    • Amazon defends itself against safety claims after staff get covid.
    • Martin Lewis' trick to get huge discounts off 'hidden' Amazon items.
    • Almost 20,000 Amazon workers in US test positive for Covid-19.
    • Almost 20,000 Amazon staff tested positive for Covid-19.

    GOOG - Alphabet, Inc.

    • Coronavirus caused a spike in Google searches for this symptom.
    • Alphabet Scoop 101: Recapping Pixel 5, Chromecast with Google TV - 9to5Google.
    • Google confirms it will no longer support its Daydream VR app, which may not work properly on some devices running Android 11 or later (Hagop Kavafian/Android Police).
    • Android 11 officially drops support for Google's Daydream VR.
    • 5 major things to consider if you're thinking of upgrading to Google's Pixel 5 or Pixel 4a 5G.
    • Headwinds for Google as rivals, customers criticise Fitbit concessions.
    • Apple, Google, and Samsung are making the argument for a $1,000 smartphone tougher than ever.
    • Google Maps to Gain New 'Live View' AR Features.
    • New Amazon Echo, Google devices and Luna: Noise Cancelling podcast episode 32.

    AAPL - Apple, Inc.

    • Apple patent describes a 'self-healing' display that uses heat to fix cracks and scratches.
    • Apple TV YouTube App Rolling Out 4K Support.
    • Airbnb, Amazon, and Apple's secretive customer service company reportedly has a history of exploiting workers.
    • Apple expected to launch five new iPhone 12 models: Details here.
    • iPad Air: How Apple's new Touch ID fingerprint sensor will work - CNET.
    • Apple adds 177 new emojis for iPhone users - including gender-neutral brides and grooms.
    • A foldable, self-healing iPhone could be on the way, based on this Apple patent.

    FB - Facebook, Inc.

    • Facebook rebuts The Social Dilemma, saying the popular Netflix documentary "buries the substance in sensationalism" (CNBC).
    • Facebook rebuts 'The Social Dilemma,' a popular Netflix documentary.
    • Americans Want Facebook and TikTok Banned Over Privacy Concerns.
    • Belgian privacy watchdog bids to police Facebook at EU court on Oct 5.
    • Belgian privacy watchdog bid's to police Facebook at EU court on October 5.

    WMT - Walmart, Inc.

    • British brothers buy Asda from Walmart for $8.8bn.
    • Walmart Sells Majority Stake in Asda to U.K. Consortium in $8.8 Billion Deal.
    • Billionaire Brothers Mohsin and Zuber Issa to Buy Walmart's UK Unit Asda for $8.8 Billion.
    • Self-made billionaire brothers agree deal to buy Asda from Walmart for £6.8billion.
    • Walmart confirms Asda sale to billionaire brothers in £6.8bn deal

    PFE - Pfizer Inc.

    • Pfizer CEO says 'political pressure' won't affect COVID-19 vaccine efforts.
    • Report: Pfizer CEO tell employees COVID-19 vaccine will move only at 'speed of science'.
    • Erectile Dysfunction Market Projection By Key Players, Status, Growth, Revenue, SWOT Analysis Forecast 2026| Eli Lilly, Pfizer, Bayer.

    AZN - AstraZeneca Plc

    • News24.com | Leading Covid-19 vaccine trial resumes in Japan but not US.
    • AstraZeneca Japanese COVID-19 vaccine trial back up, U.S. still paused.
    • Covid-19: AstraZeneca vaccine trials resume in Japan as US talks continue.

    DIS - The Walt Disney Co.

    • Walt Disney CEO Bob Iger resigns from Gov. Newsom's COVID-19 economic recovery taskforce.
    • Walt Disney Records, Taylor Guitars And Guitar Center Have Teamed Up For One Acoustically Awesome Sweepstakes.

    HMC - Honda Motor Co., Ltd.

    • Honda stun F1 and Red Bull by saying 2021 season will be their last.
    • Sayonara, F1: Japanese engine giant Honda announces Formula 1 departure after 2021 season.

    TWTR - Twitter, Inc.

    • Twitter is making changes to its photo software after people online found it was automatically cropping out Black faces and focusing on white ones (TWTR).
    • Twitter plans to change how image cropping works following concerns over racial bias.

    UBER - Uber Technologies, Inc.

    • Uber Freight raises US$500 mln, valuation rises to US$3.3 billion.
    • Uber Sells Stake in Freight Unit to Private Investors.

    NVDA - NVIDIA Corp.

    • Nvidia Pushes Back the Launch of the RTX 3070 to Avoid Furious Customers.
    • Nvidia RTX 3070 graphics card delayed due to 'stock issues'.

    TWLO - Twilio, Inc.

    • Twilio News: TWLO Stock Shoots 11% Higher on Great Growth Outlook.
    • Twilio Stock Is Spiking Because Wall Street Was Too Conservative.

    MSFT - Microsoft Corp.

    • RED Technologies launches TV White Space database in the United States in collaboration with Microsoft.
    • Microsoft Dynamics 365 Business Central Online launches in Ireland.

    XOM - Exxon Mobil Corp.

    • Supreme Court to take up energy firms' appeal over Baltimore climate suit (NYSE:BP).
    submitted by /u/checkinggg
    [link] [comments]

    What are some strategies people use to stay on top of stock performance?

    Posted: 03 Oct 2020 12:34 AM PDT

    I am a relatively new investor (bought stocks for the first time today). I have a full-time job, and a small side hustle + with daily responsibilities I am quite short on time.

    I am curious to hear what strategies people are using to keep an eye on the stocks they are considering buying (I have two watchlists already with 10ish entries on each). It all seems a bit overwhelming tbh.

    Also, how often do people check in to see if they should make new trades (buying or selling ).

    I am in Canada, using Questrade (our version of Robinhood) if that matters .

    Thanks in advance for your input :)

    submitted by /u/tor_ont
    [link] [comments]

    Daniel Schreiber of Lemonade seems to have the same level of sharpness as Steve Jobs, Satya Nadella, Bezos and Musk.

    Posted: 02 Oct 2020 03:54 PM PDT

    I just finished watching several interviews of the CEO of Lemonade. As I believe when you invest in a company you're ultimately investing in the CEO to properly manage your investment.

    I'm pretty impressed so far. As I was watching his interviews he seemed very similar to Bezos, Musk, Nadella, Jobs etc... In terms of intelligence, mental clarity and the ability to articulate ideas.

    Another plus is that he says his primary focus is on providing the best customer experience as possible. Which aligns with Bezos' mantra "At the end of the day there's no misalignment between obsessive attention to customer experience and shareholder interest".

    The Lemonade App currently has a near perfect rating (4.9 stars) in the App Store. And the best part is that he's competing against companies whose goal is to do everything in their power to screw customers over.

    One point that I thought was a negative at first was the social good aspect of the company. Donating 75% of the write offs to charity. But this actually brilliantly serves two points. To prevent customers from embellishing claims (they're screwing the charity they picked over). And to discourage his own company from being incentivized towards denying or delaying claims. Thus keeping focus on customer experience.

    Overall even when you discard buzzwords such as "AI", "collecting 100x more data than the nearest competitor" and "using first principles to create and structure an insurance company that has never existed before".

    This has the makings of a 10X company for sure. Just due to the fact that the CEO is brilliant, the company is focused purely on customer experience and their competition is focused on pretty much the opposite.

    Currently Lemonade has a market cap of 3 billion. The market cap of insurance companies like All State and Progressive have market caps of 30-60 billion.

    submitted by /u/Okmanl
    [link] [comments]

    Is morning star magazine good?

    Posted: 02 Oct 2020 10:17 AM PDT

    I'm not entirely new to stocks but I'm not an expert by any stretch. I want to continue investing what I have left from my paycheck. I've heard a lot about them but I wanted to get other people's opinions on them. Also if possible can you recommend me some other subscriptions?

    submitted by /u/The0Walrus
    [link] [comments]

    $GME Negotiations with Ryan Cohen

    Posted: 02 Oct 2020 07:03 AM PDT

    Does anyone have an opinion on how negotiations are going between Ryan Cohen and Gamestop and how buyout negotiations work in general? Assuming that he is hoping to take the company private, he must be in the middle of negotiations with the BOD. The question now is where those negotiations stand; how long does something like this take? Also, I would guess based on how the process has gone so far (i.e. hasn't wrapped up yet) that the BOD is not excited for this buyout. Any insights on how a potential buyout under public scrutiny like this takes place?

    submitted by /u/commuterz
    [link] [comments]

    Why do the mutual fund versions of an ETF tend to have slightly higher expense ratios?

    Posted: 02 Oct 2020 08:59 AM PDT

    If I look at an ETF like VTI it has an expense ratio of 0.03%. However, if I like at the mutual fund version VTSAX it has an expense ratio of 0.04% even though it's the exact same portfolio. It's not much of a difference but I'm just curious as to why?

    submitted by /u/nagol3
    [link] [comments]

    Who else is looking into uncovered puts? Selling a naked put on Questrade

    Posted: 02 Oct 2020 08:27 PM PDT

    Sorry for the technical question and thank you for reading. I want to buy an option on a stock I don't hold in any account. I want to buy just one contract, at a very low price (it'll cost me about $300 total), in a margin account on Questrade. This would be a naked/uncovered put.

    Do I need to be a certain 'level' in Questrade to do this?

    Do I need a certain amount of money across my accounts?

    Thanks!

    Everyone is bearish now and this might not be the best course of action by Monday. How are you guys feeling? Anybody else buying puts?

    submitted by /u/helpwitheating
    [link] [comments]

    What time of day are my automatic 401k contributions invested?

    Posted: 02 Oct 2020 08:21 AM PDT

    Every payday, I auto-invest 5% of my paycheck and get a 4% match from my company. Our employee 401k plan is through Vanguard.

    I was wondering, is this purchase made at the beginning of the market open, or EOD? Not that it makes much of a difference over time but I was really curious, if anyone happens to know this info.

    Thanks!

    submitted by /u/terminal_laziness
    [link] [comments]

    How to determine Google's actual value

    Posted: 02 Oct 2020 08:09 PM PDT

    For the reference:

    GOOG mkt cap = 990.76B

    GOOGL mkt cap = 990.76B

    AAPL mkt cap = 1.96T

    I just realized that if you sum up the 2 Google's shares, it ends up bigger than Apple's market cap. But no news says Google is more valuable than Apple or something like that. Did I misunderstood something or is Google a more valuable company than Apple?

    submitted by /u/Trementation
    [link] [comments]

    No comments:

    Post a Comment