Tag Archives: Tesla

Microsoft beat Wall Street

Software Powerhouse Microsoft Corp beat Wall Street expectations for quarterly revenue on Tuesday. They have a strong demand for the software giant`s cloud-based services from the pandemic-triggered shift to hybrid work models.

Some companies lost big during the pandemic, but Microsoft profited big from it as individuals and organizations turned to products like Outlook and Teams workplace messaging app. People shifted their behavior as they were working from home during the pandemic.

But it seems like people loved the idea to work from home because after the economies opened up again, people and businesses tend to use a hybrid model of allowing staff to alternatively work from home. And that is strengthening Microsoft`s cloud services, including their flagship cloud offering Azure.

Microsoft reported revenue of $49,36 billion in the third quarter, compared with $41,7 billion a year earlier.

Net income rose to $16,73 billion, or $2,22 per share, in the quarter ended March 31, from $15,46 billion, or $2,03 per share, a year earlier.

«Continued customer commitment to our cloud platform and strong sales execution drove better-than-expected commercial bookings growth of 28% and Microsoft Cloud revenue of $23,4 billion, up 32% YoY,» Chief Financial Officer Amy Hood said in a news release.

For the current quarter, Microsoft expects to generate sales of $52,8 billion, based on the midpoint of its guidance. That matches Wall Street`s target for the June quarter. In the year-earlier period, it posted $46,2 billion in sales.

Microsoft stock fell 3,7% on Tuesday to close at 270,22 amid a broad market sell-off, but in after-hours trading (as I write this article), the stock is up 4,47%. It happened on a day were Nasdaq plummeted 3,7%, while Tesla went down 12,18%. I have been following Microsoft since the 90s, and this is one of the few that survived the dot-com bubble. This company continues to impress.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Elon Musk is “person of the year” 2021

He is the richest man in the world and does not own a house. He also has the biggest robot company in the world. He drives a car he created that uses no gas and barely needs a driver. He is the man behind SpaceX and dreams of Mars.

He`s a player in robots and solar, cryptocurrency and climate, brain-computer implants to stave off the menace of artificial intelligence, and underground tunnels to move people and freight at super speeds.

He is criticized by socialists and especially Elizabeth Warren who tweeted this on December 13; «Let`s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else.»

Musk tweeted this on Wednesday; «And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year.» The fact is that Musk must pay a record-breaking $15 billion tax bill.

This is money that goes straight into the pocket of the Socialists who very often claim to «take the bill.» for something. But as you clearly can see, the money comes from entrepreneurs like Elon Musk.

The tax bill is probably the real reason he`s selling a large chunk of Tesla shares. But he can afford to do it because $15 billion in taxes is just a small part of his wealth. According to Bloomberg Billionaire Index, his net worth is $255 billion. In other words; he is on top of that list.

Elon Musk is the man who aspires to save our planet and get us a new one to inhabit; clown, genius, edgelord, visionary, industrialist, showman, cad; a madcap hybrid of Thomas Edison, P.T. Barnum, Andrew Carnegie, and Watchmen`s Doctor Manhattan, the brooding, blue-skinned man-god who invents electric cars and moves to Mars.

Tesla controls two-thirds of the multibillion-dollar electric vehicle market it pioneered and is valued at a cool $1 trillion. That has made Musk the richest private citizen in history, at least on paper.

The tech entrepreneur Elon Musk revealed earlier this year that he has Asperger`s syndrome while appearing on the US comedy sketch series Saturday Night Live (SNL). But Musk has spent a lifetime defying the haters, now, it seems, he`s finally in a position to put them in their place.

Many people are described as larger than life, but few deserve it.

How many of us truly exceed our life span? How many will make it into the digital textbooks our spacefaring descendants will study?

As Shakespeare observed in Julius Caesar, it`s far easier to be remembered for doing evil than doing good. How many will leave a mark on the world – much less the universe – for their contributions rather than their crimes?

A few short years ago, Musk was roundly mocked as a crazy con artist on the verge of going broke. Now, this shy South African with Asperger`s syndrome, who escaped a brutal childhood and overcome personal tragedy bends governments and industry to the force of his ambition.

To Musk, his vast fortune is a mere side effect of his ability not just to see but to do things others cannot, in arenas where the stakes are existential. «He was raised in a tough environment and born with a very special brain,» says Antonio Gracias, Musk`s close friend of two decades, who have held seats on the boards of Tesla and Space X.

99% of people in that situation don`t come out of it. Some small percentage come out of it with the ability he has to make great decisions under extraordinary pressure and the never-ending drive to change the course of humanity.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Tesla phone can crush Apple and be a gamechanger

Elon Musk said he wanted to crush Apple with his new Tesla Model Pi Smartphone, which is expected to launch very soon. The phone is equipped with a quality 4K screen. It has four cameras and it is powered by Snapdragon 898 SoC chip.

Tesla Model Pi Smartphone also has up to 2TB of flash storage. In addition, the phone is connected to your Tesla EV which is also connected to the Starlink satellite. don`t worry about the charging because it has integrated solar charging technology.

Experts claim the new phone is a game-changer, and it will beat Apple. Model Pi has WiFi connectivity and 5G technology. It also has a «neural link connection» technology that will link your brain, people, and phones and transmit information between them.

There are 7 global phone makers in 2021; Samsung, Apple, Xiaomi, OPPO, Vivo, Huawei, and Transsion. Tesla Model Pi can be the next to challenge them all. It`s connected with the stars.

Model Pi has a Starlink connection. By definition, this phone will work on Mars.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Tesla joined the $100B club, but VW is still bigger by enterprice value and will become the official global industry leader by sales for 2019

The shares of Tesla look more like Space X. The shares has skyrocketed since the summer last year, and the shares is up over 200 percent. It`s a funny story, but what`s even more funny is that Tesla joined the $100 billion club earlier this week. They surpassed Volkswagen.

The $100 billion club is measured by a market cap but if you look at sales or profit you have a different picture. But it isn`t bad to be the second most valuable global carmaker after topping the combined value of Ford and GM. Toyota is still on top with a value of $198 billion.

There is no doubt; the future is green and EV`s like Tesla will outnumber cars with fossile fuels. Musk is planning to build a new plant in Germany and started to sell from a new plant in China earler this month.

VW is still bigger by enterprice value and they will become the official global industry leader by sales for 2019. In a speech, Chief Executive Herbert Diess urged his executives to focus on profit rather than sales.

The EV industry have huge challenges. Battery technology is very expensive. So are R&D and all the factories they are planning build. On top of that you have all the workers. GM`s battle with the United Auto Workers union last fall illustrated how costly the process of winding down factories can be for companies too.

So far, the valuation have been bumpy and it seems like it will remain bumby. We saw a dip on Friday after a wild speculative ride.

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Lyft is kicking off its IPO road show and expects to raise as much as $2,1 billion

A lot of unicorns are coming into the market and Lyft is the next to go public. It is an on-demand transportation company primarily providing ride-haling services like Uber. The company was launched in June 2012 and operates in approximately 300 U.S cities.

Lyft is kicking off its IPO road show this month and their goal is to get on the public market in April. The valuation is about $23 billion for Lyft and thats way beyond Ubers valuation of $150 billion. Lyft will be listed on Nasdaq under the ticker LYFT:

Lyft expects to raise as much as $2,1 billion through the sale of stock in a price range between $62 and $68. Not all of their shares will be sold to the public and they will hold less than half the votes among shareholders. So far, Lyft has collected about $5 billion in total private equity investment to date.

Revenue last year came in at $2,2 billion and their growth have skyrocketed by about 500 percent since 2016. Their losses are also skyrocketing while the loss last year reached $911,3 million. Lyft lose twice as much as their competitor Uber.

The venture capitalists have so far funded the company and now it is the publics turn. And Lyft need cash now. The companys cash and cash equivalents fell 53 percent to about $518 million during the course of 2018.

Lyft is like Uber disrupting the taxi industry but also the way people move around. The taxi industry as we know it today will change dramatically. Lyft and Uber`s business model will change the way people think about a vehicle and how they move around.

Not only that. We are not far away from self-driving cars, and that will be a huge game changer. And when that day comes, what will be the difference between Lyft and Uber? On top of that; they will face a lot of competition from established automakers.

You can imagine how it will be in the market if automakers like Tesla are joining the business by selling people rides to the people instead of selling them cars? What car do you prefer on your ride?

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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