Good morning. Earlier this year, companies that announced AI initiatives during their quarterly earnings calls were likely to see shares soar higher. This quarter, a focus on costs and profitability has led to the opposite impact.
That’s a good sign that AI stocks are taking a breather – and that a sustainable, long-term trend is still on the table. In the short-term, that may lead some to think that AI stocks were in a bubble this year, and that it’s bursting.
For now, companies that can deliver strong earnings without AI while still building out that capacity are likely to be the best performers in the years ahead. That includes many non-tech companies that can use AI to improve operations and processes, as well as big players that can use AI across the board, such as Microsoft (MSFT). Traders and investors alike should have some excellent long-side opportunities here.
Now here’s the rest of the news:
3 Tips For Planning Your Retirement Like A Billionaire
While the odds of your retirement wealth growing over one billion dollars is probably slim (not impossible), you can plan like a billionaire does… [Read Here]
We Could Be Headed Into Another Great Depression. Here’s Why
We’ve had a bad few years, and things aren’t just getting worse, they’re getting worse faster. CEOs of major corporations are in a panic, and governments are… [Read Here]
November 14, 2022
The sudden collapse of cryptocurrency brokerage firm FTX is reminiscent of many other banking crises in history. But in the crypto space, where regulation is still in its infancy, the moves are fast and sharp. FTX founder Sam Bankman-Fried lost over 90 percent of his wealth in a week from the implosion, and had apologized before resigning from FTX.
The issue, as with many other financial crises, extends to liquidity and leverage. FTX was leveraged up far more than traditionally thought, thanks to cozy relationships that weren’t challenged sufficiently. So when capital was needed, the company faced a liquidity crisis — and since broke down.
That may sour investors on cryptos for some time, even as this has been a brokerage and personality problem, not an issue with underlying cryptocurrencies themselves. Patient investors will see brighter days ahead for crypto, and may want to start building up their holdings at this pessimistic time.
Now here’s the rest of the news:
What’s Behind the Central Bank Gold Buying Boom?
Central banks bought a staggering 400 tons of gold last quarter – and they used dollars to do it. The official sector has consistently been one of the main pillars of support for… [Read Here]
November 14, 2021
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Red sand and waves,
Prince Edward Island, Canada.
November 14, 2020
Q: Are you married to your job, or are you open-minded?
A: What job? I lost that … I’m open minded, you fool!
“I hope the opportunities for your business ownership possibilities keep you awake at night
with excitement (not worry)!”
November 14, 2020
While Trump is going to exhaust every legal challenge to retain the presidency, Joe Biden is actively preparing an economic team to help him navigate the next four years. But, there are at least 3 big obstacles he’ll have to clear right out of the gate. As new troubling sign of rising inflation has now surface among his woos.
Gold is down this week to $1,892.06 (-3.2%) and Silver fell also to $24.77 (-3.7%)
Cracks are starting to appear in corporate “debt dams” today. And the longer companies are forced to deal with the COVID-19 pandemic, the worse the situation will become…
The Federal Reserve stepped in to save the collapsing stock and credit markets earlier this year…
It lowered interest rate to practically zero and promised to buy corporate bonds for the first time ever. And for the time being, it has worked. The stock market has since hit an all-time high. The Fed has prevented credit from drying up. U.S. companies have issued record numbers of bonds since March. [Don’t let this calm deceive you!]
November 14, 2019
However, despite the overall slowdown, more than half of the increase that did occur came from an increase in energy prices. Energy rose 2.7% in October, and tends to correlate with economic growth. As with a lot of other pieces of data these days, the overall results are mixed – and with stock markets near all-time highs yet again, we’ll continue to support investors by cautioning against the possibility of another market drop with all this conflicting data.
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The Lowdown on Sale Season … Black Friday vs Cyber Monday: Is there a difference?
Yes, and their distinction lies in their beginnings.
Retail stores adapted the Black Friday event to greet the holiday shopping rush with marked down deals. Online stores on the other hand took the opportunity to create their own event promoting online shopping, happening the Monday after, thus naming it Cyber Monday.
At the end of the day, both events welcome the holidays with sweet deals.
Which sale are you taking part in? 😉