It's really simple.
Elon is afraid of competition. He's a cowardly cuck.
He doesn't build things; he finds things that are already built and decides to market them.
And he suppresses competition and labor, while taking orders from the CCP, like a cuck.
@EmorningcoffeeC Who cares if is or isn’t QE. If everyone thinks it is QE, and lots look at fed b/s exploding up assume it’s QE, then all assets will get bid up and it will act like QE !
I own $GOOGL FYI. Co missed bottom line but barely if you consider swings in marketable securities. Revs and oper profits increased 23% and 22%, respectively. CF conversion very strong. Significant cash on B/S, will repurchase $70 bin shares. Valuation reasonable.
That was another wild ride yesterday in US equities! To prepare you for what will be the principal sentiment-drivers the rest of the week, this is a chart providing some metrics on the #FAMAG stocks: $FB, $AAPL, $MSFT, $AMZN and $GOOG.
Now that the yield earned on bank deposits will likely skyrocket to 0.25% next week assuming the Fed moves as expected, the rule of 72 means that the money you have on deposit at banks will double in 288 years. @ParikPatelCFA
This is phenomenal. Ron Desantis tells USF kids they don’t have to wear their masks because they don’t do anything and it’s time to stop with all the political theater.
https://t.co/UPFTILOc9C
The price of oil is blasting off – now through $100/bbl – from pandemic lows, less than two years ago? Why?
Read up in E-MorningCoffee, click on the link and check it out.