Stock Thread (7 Viewers)

[BassNBrew]

Good day to own drone stocks.

https://www.barrons.com/articles/hegseth-drone-stocks-d1f08f9c?mod=barronsgooglenews

I see I found my way to your ignore list. :kickrocks:

Totally missed it, GB. I currently have a "drone stock" at about 6% of my stuff, so today is a good day.

Just busting your balls. Yeah, I got an after-hours call from a partner all geeked up over Red Cat (the way we're playing drones). So LETSGOOOOOOOOOOOOOO

https://seekingalpha.com/article/4801554-new-military-memo-could-send-red-cat-stock-sky-high

Also on my drone stock list - KTOS, AVAV. Any others?

I'll respond more tomorrow and post snippets from our quarterly report. We like autonomous warfare stocks as a thematic investment. Kraken Robotics KRKNF is an underwater robotics company that has some really cool technology that's 400 meters above my paygrade to understand, but they have drone-like capability to launch hell from the water unmanned. Been reluctant to bring it up in here prior because I wasn't sure it was "Sponge worthy" but it's getting there for me.

UWMC sold. The Kraken has been let loose (bought). Small position to see where this goes.

Thank you.

 

[Nugget]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

 

[Pigskin Fanatic]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

Is this an inverse to SOXL?

 

[Nugget]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

Is this an inverse to SOXL?

Yes. Basically 3x short on semi conductors. Not a good long term play.

 

[Ridgeback]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

Is this an inverse to SOXL?

Yes. Basically 3x short on semi conductors. Not a good long term play.

Warning. I'm very tempted to follow you on this.

 

[Desert_Power]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

Is this an inverse to SOXL?

Yes. Basically 3x short on semi conductors. Not a good long term play.

Warning. I'm very tempted to follow you on this.

If you believe the trade war will re-escalate, why is an inverse semi conductor ETF a good way to play it?

 

[Desert_Power]

I took a SOXS position this afternoon. I read an article about an EU "Bazooka" and it triggered Hank Paulson memories of 2008.

Likely hold for 2-3 weeks.

Is this an inverse to SOXL?

Yes. Basically 3x short on semi conductors. Not a good long term play.

Warning. I'm very tempted to follow you on this.

If you believe the trade war will re-escalate, why is an inverse semi conductor ETF a good way to play it?

After thinking, the answer is probably $ASML

 

[Sand]

CLS - Analysts keep raising their guidance for stock price and it keeps churning higher.

If only you guys had mentioned this one...

 

[BassNBrew]

And so it begins.....

Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings expectations, but the company said it would raise its capital investments by $10 billion in 2025.

Shares of the company were up slightly in after hours trading.




Here’s how the company did, compared with estimates from analysts polled by LSEG:

• Revenue: $96.43 billion vs. $94 billion estimated
• Earnings per share: $2.31 vs. $2.18 estimated

Wall Street is also watching several other numbers in the report:

• YouTube advertising revenue: $9.8 billion vs. $9.56 billion, according to StreetAccount
• Google Cloud revenue: $13.62 billion vs. $13.11 billion, according to StreetAccount
• Traffic acquisition costs (TAC): $14.71 billion vs. $14.18 billion, according to StreetAccount

The company’s overall revenue grew 14% year over year, higher than the 10.9% Wall Street expected.

Alphabet is going to spend more on artificial intelligence in 2025 than it anticipated.

In February, the company said it expected to invest $75 billion in capital expenditures in 2025 as it continues to expand on its AI strategy. That was already above the $58.84 billion that Wall Street expected at the time.




The company increased that figure on Wednesday to $85 billion, saying it was raising it due to “strong and growing demand for our Cloud products and services.”

Alphabet’s search and advertising units still showed growth in the second quarter despite AI competition heating up. The company’s search unit brought in $54.19 billion during the quarter, and its advertising revenue grew to $71.34 billion — up about 10.4% from $64.61 billion the year prior.

The company reported revenue of $13.62 billion for its cloud computing business, which is a 31% increase from a year ago. Google’s YouTube advertising revenue came in at $9.8 billion, higher than Wall Street expected.

Alphabet’s net income increased to $28.20 billion — up nearly 20% from the previous year.

The company said its “Other Bets” segment, which includes its self-driving car unit Waymo and life sciences unit Verily, brought in $373 million — up from $365 million a year ago. Other Bets reported a loss of $1.25 billion — up from the $1.13 billion a year ago.

AI Overviews, Google’s AI search product that summarizes search results, now has more than 2 billion monthly users across more than 200 countries and territories, said Alphabet CEO Sundar Pichai in Wednesday’s earnings call. That’s up from 1.5 billion users monthly last quarter.

The Gemini app, which has the company’s AI chatbot, now has more than 450 million monthly active users, Pichai said.

 

[BassNBrew]

The company increased its capital expenditures for 2025 to $85 billion, up $10 billion from an initial projection in February, due to “strong and growing demand for our Cloud products and services.”

I suspect NVDA isn't disappointted.

 

[Bob Sacamano]

Consecutive years with 60+% CapEx spending growth.

 

[Sand]

Consecutive years with 60+% CapEx spending growth.

I have to say I'm jealous of that. My job in the last 3 years has gotten way, way better on CapEx spending, but I'd love moar.

 

[pecorino]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

 

[Bob Sacamano]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Sure, but on the bright side their yield will soon be right back where it was.

 

[kevzilla]

I finally followed my own advice three weeks ago and bought just a slice of the GOOGL I wanted.

To the moon, Alice

 

[BassNBrew]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Ouch. So much for diversification being good.

 

[ConstruxBoy]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Ouch. So much for diversification being good.

It’s only good when you need it.

 

[urbanhack]

buying more BROS on the dip?

 

[Sand]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Sure, but on the bright side their yield will soon be right back where it was.

I've been out of these (LYB) for a bit now, but I'll admit to not understanding why we don't need chemicals in this world and why their business is drying up. It doesn't make a huge amount of sense, but it's obviously happening.

 

[BassNBrew]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Added some LYB as a contrarian sympathy buy.

 

[Bossman]

buying more BROS on the dip?

Got me some at $59.62 just now. Thanks!

 

[General Malaise]

buying more BROS on the dip?

Bounced a little off the lows today. Didn't buy any but the thought did cross my mind. Earnings Aug 6 and I am not reading or hearing anything that's worrisome about this one.

 

[FreeBaGeL]

Bought some bros.

I have traded this one terribly. Got impatient and sold right before the run up every time. I will let you guys know when I Chuck these shares so you can profit.

 

[Redwes25]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

DOW dividend cut was inevitable. I posted about that a few times. Less knowledgeable about LYB but would be looking at free cash flow compared to its dividend cost.

ETA - Just read DOW's earnings report. Negative cash flow of $470mm. Negative EBIT. They can't afford even the lower dividend. Don't buy it and I would be a seller here. I recommended my Parent's sell it in January and glad they did.

 

[Bossman]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

DOW dividend cut was inevitable. I posted about that a few times. Less knowledgeable about LYB but would be looking at free cash flow compared to its dividend cost.

ETA - Just read DOW's earnings report. Negative cash flow of $470mm. Negative EBIT. They can't afford even the lower dividend. Don't buy it and I would be a seller here. I recommended my Parent's sell it in January and glad they did.

My goodness that's pretty awful.
On the other hand the CEO is making out pretty well ...
Jim Fitterling, Chair and Chief Executive Officer at Dow, received $1.70 M in base salary, $12.45 M in stock award, and $518.01 K in other compensation,
making $18.84 M in total compensation in 2024.

 

[fruity pebbles]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

DOW dividend cut was inevitable. I posted about that a few times. Less knowledgeable about LYB but would be looking at free cash flow compared to its dividend cost.

ETA - Just read DOW's earnings report. Negative cash flow of $470mm. Negative EBIT. They can't afford even the lower dividend. Don't buy it and I would be a seller here. I recommended my Parent's sell it in January and glad they did.

I’m surprised it wasn’t down more, definition of dead money. Surprised Tesla wasn’t down more as well but that one just has no rational. 200 forward PE for negative growth…..semantics.

 

[Harry Frogfish]

I knew you guys would be in line (both lanes!) on the BROS dip. I also took a swig.

 

[identikit]

I knew you guys would be in line (both sides). I also took a swig off BROS today.

Seemingly will never learn with this stock

I'm in for some more this am

Oyyyyy

 

[BassNBrew]

Wonder why DOW and LYB have been down like tech stocks the LYB at a 9% dividend.

Just an FYI that DOW is tanking today (and LYB in sympathy) on horrible earnings and a cut dividend. Trading at $26, the lowest level since the Covid dropoff.

Added some LYB as a contrarian sympathy buy.

And out for a 5% gain in a day. Thanks Wall Street for leaving free money on the ground once again.

 

[BassNBrew]

Boring old Honest with an 8% pop today. Wall Street starting to take notice.

 

[QUEZILLA]

The Ukrainian drone attack in Russia highlighted our need for domestic drone manufacturing. At that time, I invested in Draganfly (DPRO) and UAVS, and both have performed well.
I believe the space sector also holds significant value. SpaceX is making it increasingly affordable for smaller companies to enter the market. I'm currently invested in Redwire (RDW) and Sidus Space (SIDU), as I favor Florida-based companies. My watchlist includes BlackSky (BKSY), AST SpaceMobile (ASTS), and Planet Labs (PL), though their prices have been high recently. I'd particularly like to acquire Planet Labs, as I believe they are leading the way in direct-to-consumer LEO satellite data.
Alphabet has a significant stake in AST SpaceMobile (ASTS). I've been adding to my Google (GOOGL) position in one of my lower-risk accounts, as I see them as the FAANG stock with the best value among the Magnificent Seven. I also tailed Qualcomm (QCOM) from a move I saw in an account one of the accounts I have professional managed. I'm unsure if that's a good move; there seems to be value, but it's not a 'sexy' stock. AI suggests their technology could be in high demand for self-driving cars.

 

[BassNBrew]

Initiated small positions in Valens and Pixelworks today.

 

[pecorino]

Here is where and when I post something very stupid. But I'm planting my flag here and now to say that the S&P hit the high of 6400 today and that level is not going to be recrossed for the rest of the year. This week is full of earnings and could be the beginning of a downturn. I will come back in December if not sooner to laugh at the foolhardy prediction but there, the flag has been planted.

 

[Dr. Octopus]

What happened to Todem?

 

[BassNBrew]

What happened to Todem?

He became so rich on stocks that he bought an island in the Pacific and retired.

 

[Bob Sacamano]

What happened to Todem?

He became so rich on stocks that he bought an island in the Pacific and retired.

I hear one in the Caribbean is available

 

[urbanhack]

What happened to Todem?

He became so rich on stocks that he bought an island in the Pacific and retired.

I hear one in the Caribbean is available

I've never had the privilege of going to that island.

 

[Bob Sacamano]

What happened to Todem?

He became so rich on stocks that he bought an island in the Pacific and retired.

I hear one in the Caribbean is available

I've never had the privilege of going to that island.

Methinks the hack doth protest too much.

 

[Sand]

This week is full of earnings and could be the beginning of a downturn.

I disagree about the rest of the year, but (IMO) it's a stone cold lock that this week is neutral to negative. Sell the news. Flag also planted.

 

[BassNBrew]

AMD up another 4%. Tariff tantrum shares now up 126%.

IRA is now up 84% in the last year spread across 77 positions. Need to average between 6.5-7% return each of the next 3 months for a double up. August-October were meh months last year.

Just sold my ULTA Beauty position after hours for a 36% gain over a year plus. That was a tip from this board. I don't like their growth prospects or I should say I don't like what experts think of the their growth prospects the next couple of years. I have no specific opinion so I'm clearing the table.

 

[McBokonon]

CLS - Analysts keep raising their guidance for stock price and it keeps churning higher.

If only you guys had mentioned this one...

IT’S PRETTY GOOD

 

[BassNBrew]

I have a small position in Paypal which is underwater even with some tariff tantrum shares helping the cause. Today they beat ($1.40 vs. $1.30 expected) and raised guidance for the year to $5.15 to $5.30. That implies a 14.7 PE. Currently down 2%. Part of me wants to add more as I see this as a value, part of me wants to cut bait and buy more AI, drone, and quantum computing stocks. Any opinions on a non-sexy stock like this?

 

[JB Breakfast Club]

I have a small position in Paypal which is underwater even with some tariff tantrum shares helping the cause. Today they beat ($1.40 vs. $1.30 expected) and raised guidance for the year to $5.15 to $5.30. That implies a 14.7 PE. Currently down 2%. Part of me wants to add more as I see this as a value, part of me wants to cut bait and buy more AI, drone, and quantum computing stocks. Any opinions on a non-sexy stock like this?

I dabbled too, since Venmo seems so ubiquitous. I'll hold, although I wish I'd just put it all in Sofi.

 

[BassNBrew]

I have a small position in Paypal which is underwater even with some tariff tantrum shares helping the cause. Today they beat ($1.40 vs. $1.30 expected) and raised guidance for the year to $5.15 to $5.30. That implies a 14.7 PE. Currently down 2%. Part of me wants to add more as I see this as a value, part of me wants to cut bait and buy more AI, drone, and quantum computing stocks. Any opinions on a non-sexy stock like this?

I dabbled too, since Venmo seems so ubiquitous. I'll hold, although I wish I'd just put it all in Sofi.

Speaking of Sofi



Shares of SoFi Technologies SOFI +16.13% ▲ jumped 10% in pre-market trading on Tuesday after the company delivered a strong quarter and raised its full-year outlook for the second time. The fintech firm posted record adjusted net revenue of $858 million, marking a year-over-year growth of 44%. Meanwhile, adjusted earnings of 8 cents per share surpassed Bloomberg’s consensus estimate of 6 cents.



The company’s strong performance was driven by record member growth, adding 850,000 new users in the quarter. This brings its total membership to 11.7 million, up 34% year-over-year. The company also expanded its product offerings, adding 1.26 million new products to reach 17.1 million, reflecting a similar 34% annual increase.

SoFI Raises Full-Year Guidance​

SoFi’s management has raised its outlook for 2025, thanks to a strong first half of the year.





The company now forecasts adjusted net revenue of about $3.375 billion for the full year, above the previous high-end estimate of $3.310 billion. This suggests annual growth of around 30%, compared to the earlier projection of 24% to 27%.





Furthermore, adjusted EBITDA is now expected to reach $960 million, topping the previous range of $875 to $895 million. The company also raised its GAAP net income forecast to approximately $370 million, up from its earlier guidance of $320 to $330 million.

 

[BassNBrew]

Sold half my Sofi on the 17% pop. Most of those were double up and the weighting in the portfolio had grown uncomfortably large.

 

[General Malaise]

You AMD backers in here need a big old hug and a bottle of top shelf spirits. Wowsers.

 

[pecorino]

I have a small position in Paypal which is underwater even with some tariff tantrum shares helping the cause. Today they beat ($1.40 vs. $1.30 expected) and raised guidance for the year to $5.15 to $5.30. That implies a 14.7 PE. Currently down 2%. Part of me wants to add more as I see this as a value, part of me wants to cut bait and buy more AI, drone, and quantum computing stocks. Any opinions on a non-sexy stock like this?

I dabbled too, since Venmo seems so ubiquitous. I'll hold, although I wish I'd just put it all in Sofi.

Me too. I chose poorly.

 

[General Malaise]

Alright, for the second time this year I sold all of my UAMY while it was still green for me. Should have sold after the CEO's on-air interview with Maria Barfpillow but whatever. Was starting to worry about this one falling completely apart and losing any gains, so say la vee.

And now, I'm going to double my position in BROS ahead of the earnings.

 

[Nugget]

Fed Chair about to be fired. Surely this will be good for the market. Make sure to not discuss this in any political form or fashion as in the numerous other topics that should not be discussed in any political form or fashion.

-QG

Good for the market, he said sarcastically, or good for the market is truly what QG believes?

I would assume he's firing Powell so he can put someone more doveish in that will be more likely to cut rates. Which would probably make the markets soar, at least for now until we're back in another inflation mess in a few years.

The inflation mess was caused by the massive cash gusher in the form of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act. Inflation was already rising due to COVID and the cash infusions put in place there, but those two acts added massive liquidity at a time when the market couldn't absorb it. About 3T worth of gasoline on a fire.

Nothing on that scale currently. I don't think a rate cut is a good thing and don't think Powell should be replaced, but a rate cut or two isn't going to spike inflation to 9% again.

Josh Hawley introduces legislation to support tariff checks. Link I don't think this is going to drive the Fed to lower interest rates.

 

[Sand]

Fed Chair about to be fired. Surely this will be good for the market. Make sure to not discuss this in any political form or fashion as in the numerous other topics that should not be discussed in any political form or fashion.

-QG

Good for the market, he said sarcastically, or good for the market is truly what QG believes?

I would assume he's firing Powell so he can put someone more doveish in that will be more likely to cut rates. Which would probably make the markets soar, at least for now until we're back in another inflation mess in a few years.

The inflation mess was caused by the massive cash gusher in the form of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act. Inflation was already rising due to COVID and the cash infusions put in place there, but those two acts added massive liquidity at a time when the market couldn't absorb it. About 3T worth of gasoline on a fire.

Nothing on that scale currently. I don't think a rate cut is a good thing and don't think Powell should be replaced, but a rate cut or two isn't going to spike inflation to 9% again.

Josh Hawley introduces legislation to support tariff checks. Link I don't think this is going to drive the Fed to lower interest rates.

While the US had an unheard of surplus in June (27B) thanks to tariff revenue, not sure this is the best way to spend it. Maybe fill in the Grand Canyon size hole in our treasury first. Signaling that would help the sentiment of a stable US dollar, which is all important.