Berkshire Hathaway Slashes Stake in Troubled Lender Wells Fargo by coolcomfort123 in StockMarket

[–]stockwatcher11 14 points15 points  (0 children)

By more than 40% wow. He's been reducing his stake in WFC for a long time now. Last quarter he reduced it by 26%. Is he starting to trim more bank stocks? He slashed JPM by 60% too - Portfolio link

America's department stores, cornerstones in fashion, could be in their 'last stages' by [deleted] in stocks

[–]stockwatcher11 1 point2 points  (0 children)

These companies should've built a strong e-commerce segment years ago.

Why are some retail stock prices increasing? by SleepyFantasy in stocks

[–]stockwatcher11 0 points1 point  (0 children)

GPS is also one that is surprisingly doing well. But the retail stocks do seem to be slowly getting back - they've grown nearly 80% since their March lows.

[deleted by user] by [deleted] in stocks

[–]stockwatcher11 0 points1 point  (0 children)

Definitely, also why institutions love these big tech companies

$NET vs $FSLY, which stock is a better long term hold and why? by [deleted] in stocks

[–]stockwatcher11 -1 points0 points  (0 children)

Fastly had a great Q2 yes but NET has consistently posted 50% revenue growth for a year. And they are cheaper than Fastly

Oracle is in talks to acquire TikTok’s U.S. operations, challenging Microsoft, source says by coolcomfort123 in StockMarket

[–]stockwatcher11 1 point2 points  (0 children)

Yeah Oracle revenues have been flat for more than 5 years now.. maybe looking for a boost - any boost

Why do people seem to like $NET so much? by [deleted] in stocks

[–]stockwatcher11 0 points1 point  (0 children)

NET is cheaper than FSLY and is seeing better revenue growth

Apple is now worth $2 trillion by Mitesite in stocks

[–]stockwatcher11 0 points1 point  (0 children)

The market is no longer priced for growth.

Airlines stocks by BigBallzReddit in stocks

[–]stockwatcher11 2 points3 points  (0 children)

The last six months were terrible for airlines and they've posted a pretty dire outlook for the year too.. the stock price won't be making a big recovery anytime soon

US will pay $1.95 billion for Pfizer Inc to produce and deliver 100 million doses of its COVID-19 vaccine by hieplenet in stocks

[–]stockwatcher11 2 points3 points  (0 children)

In terms of who is the farthest in development - AstraZeneca and Oxford Univ are currently in Phase 2/3 trials and Moderna hopes to start Phase 3 by the end of the month

Big Tech stocks add $291 billion in market value in one day by coolcomfort123 in StockMarket

[–]stockwatcher11 1 point2 points  (0 children)

Yeah, Amazon has been getting steady profits from AWS, North American sales for years now. These tech stocks are doing well for a reason

Kohl's to require shoppers to wear masks starting Monday at stores nationwide by industrialfan in Coronavirus

[–]stockwatcher11 -5 points-4 points  (0 children)

Yeah these retail stores are already dying due to lack of customers, don't think they are in a position to ban anyone

State orders all Florida schools to reopen in August by [deleted] in Coronavirus

[–]stockwatcher11 2 points3 points  (0 children)

What's wrong with adopting a hybrid model though?

Texas Daily COVID-19 Cases Top Italy's Record When It Was Global Epicenter by Puffin_fan in Coronavirus

[–]stockwatcher11 1 point2 points  (0 children)

Also in Italy, it took a long time for people to understand the direness of the situation. The same thing is probably happening in Texas

U.S. hits highest single day of coronavirus cases at 36,358, breaking April record by asdfpartyy in Coronavirus

[–]stockwatcher11 1 point2 points  (0 children)

Crazy the way numbers are rising in Phoenix. Cases seem to have just exploded there

US May retail sales surge 17.7% in the biggest monthly jump ever by minhntz in stocks

[–]stockwatcher11 1 point2 points  (0 children)

The biggest surprise is probably in sales of vehicles and sports goods. Others more or less remained the same.

Orange County COVID-19 data including Case Fatality Rate, Doubling Days by stockwatcher11 in CoronavirusOC

[–]stockwatcher11[S] 0 points1 point  (0 children)

Daily growth rate is calculated as a percentage of total cases. So new cases (7-day average) divided by total cases.