I think would love to buy it, but I don’t think regulators would let that happen.
ByteDance has said that they plan to protect their code and algorithm so the thing they’d sell are branding assets
It’s definitely what they needed. I think one of the biggest barriers to adoption for EVs in the US at least is cost
Out of curiosity, are you expecting a dip or just hoping for one/eventually the market will crash every so many years? Just wondering if you have any thoughts on the sustainability of their business model heading in to dicey financial times.
I want to start doing weekly starting in mid May-ish. I've got a few events coming up (YouTube filming, family get together, in-person podcast recordings, etc) over the next month or so and really want to get through those before dedicating my time to a project again.
More to come soon though!
Yea, their CEO gave a bit of a bleak outlook. He's expecting revenue and profit to take a hit over the rest of the year due to continue high Federal Reserve interest rates and continued inflationary pressure on consumers
Is that for the S&P 500? If so, that first estimate is down like 500 points from where the index started the year. Were they expecting a bear market? Hows that going for them?
Could not agree more. Haven't seen exact stats on that, but with used EVs being 2 or more times the price of used regular cars (from what I've seen), I think they're out of reach for a lot of people.
And don't even get em started on new EV prices with 7%+ interest rates
I hate to say it, but has been really interesting since the whole "meme stock" thing. They report Wednesday after market close.
How about you?
I love as a user, iffy as an investor.
Subscription heavy businesses like Spotify and worry me long term because, imo, there’s only so much they can do. Once they hit max subscriptions/market saturation it’s either raise prices or make changes like ads that consumers traditionally don’t like. It’s great for a while, but I feel like it’s a losing game long term
Out of curiosity, has ’s inclusion to the S&P 500 changed your opinion at all?