Li Auto: Earnings Drop 36.2%, Sales Down
Li Auto's quarterly earnings fell 36.2% to $3.80B, missing expectations. Lorry sales declined 37.4%. The company reported a net operating cash outflow of $1.0B. Adjusted bottom line also decreased.
Carville: Democrats, Economic Rage & Winning Back Voters
Carville advises Democrats to embrace economic rage with policies like raising minimum wage and offering free tuition to win back voters amid economic concerns and Trump's declining approval.
Federal Government Performance Initiative Ends: Trump’s Cost-Cutting
The Department of Federal government Performance (DOGE), an Elon Musk-backed cost-cutting initiative, has disbanded. Despite exceeding departure goals, its duties shift to OPM. Impacting various agencies.
Buffett’s Humility & Stewardship: A Legacy of Compassion
Warren Buffett's final letter emphasizes humility, stewardship, and compassion. Transitioning leadership to Greg Abel, he focuses on values and philanthropy, highlighting luck, ethics and the importance of helping others.
Munger’s Success: Luck, Discipline & Learning
Charlie Munger emphasized initiative, discipline, and continuous learning for success, acknowledging the role of luck. His principles focus on outspending income and investing wisely.
Holiday Spending Stress: Social Media, Debt, and Gift-Giving Pressure
Survey reveals holiday spending stress: social media influence, debt accumulation, and gift-giving pressure, particularly among Gen Z and millennials. Many feel obliged to overspend, leading to financial strain and hidden expenses.
Mixed Signals: Fed’s Rate Decision Amid Labor Market Data
Mixed labor market data complicates the Fed's rate decision. Hawks see strong payrolls, while doves point to rising unemployment. Powell may adopt a dovish tone despite inflation concerns.
Attention Assets: A New Investable Class Based on Public Focus
Attention Assets, as proposed by Multicoin Resources, are new investable instruments tied to the intensity of public focus. NFTs & memecoins offer related exposure, highlighting challenges and opportunities in this emerging market.
Alzamend: Novel Lithium Delivery for Alzheimer’s & Mental Health
Alzamend's AL001 aims for better lithium delivery to the brain, potentially revolutionizing Alzheimer's, bipolar disorder, MDD, and PTSD treatment with fewer side effects. Phase 1/2A trials are underway.
Paris Jackson vs. Michael Jackson Estate: Legal Battle
Paris Jackson contests the management of Michael Jackson's estate, alleging lavish spending on attorneys. The estate, managed by McClain and Branca, refutes the claims, citing financial success since Jackson's 2009 death.
Pelosi’s Databricks Investment Soars Amid $130B Valuation
Nancy Pelosi's investment in Databricks, made through Forge Investments, sees significant gains as Databricks' valuation jumps to $130B. Nvidia and Ark Invest also benefit from early investments.
Texas Court Rejects Halt to Kenvue Dividend Amid Tylenol Lawsuit
Texas court rejects AG Paxton's demand to halt Kenvue's dividend payment amid Tylenol safety lawsuits. The court cited lack of jurisdiction over the matter, allowing Kenvue to proceed with the payment. Kenvue Tylenol pregnant women
US Government Shutdown: Impact on Economic Data & Job Market
US government shutdown delayed key economic data releases (CPI, jobs). Early data showed weak job growth and falling consumer confidence, raising concerns about the labor market. BLS report is awaited.
Clearwater Analytics (CWAN) Stock Surges on Acquisition Rumors
Clearwater Analytics (CWAN) shares jumped after hours amid reports that Warburg Pincus and Permira are in talks to acquire the software company. Strong growth contrasts with valuation concerns.
Burry’s Tech Depreciation Short: Genius or Misguided?
Michael Burry shorts tech giants like Meta & Nvidia, alleging depreciation underestimation. Experts question his tech analysis depth, citing GameStop experience. $1B bet faces scrutiny as stocks rally.
Trump’s $2000 Tariff Dividend Plan Faces Scrutiny
Trump proposes $2000 dividend from tariff income, but Treasury Secretary suggests other methods. Critics warn of inflation. High court doubts Trump's tariff authority. Tariffs & toll rates reached 18% rate.
Partisanship vs. Self-Interest: Shaping Opinions on Trump’s Plan
Partisanship strongly influences opinions on Trump's plan. Supporters will pay more taxes, while opponents will forgo savings, highlighting the power of political allegiance over self-interest.