Tesla Q2 earnings call is today after trading. What will happen with the most important financial qiesitons? Will they beat market expectations on earnings per share? Will they beat on margin? Will good guidance be given by Elon Musk? Tesla investors must watch this before earnings. Here are the other Tesla community forecasts. I will …
The Milestone June 8, 1974 agreement between the USA and Saudi Arabia was not about exclusively pricing oil in US dollars. It was about enabling Saudi Arabia to use its windfall of oil money into the US economy. The petrodollar system does and did become dominant but it was for mutual economic benefit. The non-renewal …
Tesla had 17.6% gross profit margins in Q4 2023 which was about $252 million per percent of gross margin. Tesla has released FSD 12.3.3 Supervised to all North American Tesla owners. If they were buy or subscribe to Tesla FSD and we converted monthly subscriptions were equalized to a purchase (starting an average 5 year …
Japan’s overall population fell from 128.1 million in 2010 to 122 million today but Japan’s working age population peaked in 1995. If we discount the economic bubble then the real estate collapse from the 1990s to today correlates with the working age population collapse. It is also the aging of the population. The median age …
People talk about how Elon had a 2018 CEO pay package that resulted in $56 billion in value. However, what if he was paid double the cash but only if he was immediately required to buy call options. In 2018 and 2019, there were CEOs getting $125 million to $250 million in mostly cash. Elon …
The next Bitcoin halving is April 19, 2024. This is driving Bitcoin towards $70-100k. About every four years or every 210,000 blocks added to the blockchain, bitcoin miners’ rewards for contributing will be cut in half. IF the reward for mining a block was 40 bitcoins, after its first halving it will be 20, and …
The field of web3 non-custodial wallets just gained a new contender from an old face. SWIFT is the product of Trust Wallet, one of the longest established and most popular crypto wallets. It’s now unveiled the beta of its new product: SWIFT. The user-friendly wallet, which is incorporated into the Trust app, makes use of …
Figure AI, startup developing humanoid robots, is talking to Microsoft and OpenAI to raise $500 million in new funding at a valuation of over $2 billion. Figure AI just made a deal with BMW to put the humanoid robots into the car factory for pilot tests over the next 12-24 months. Figure AI has performed …
The Bureau of Economic Analysis gave their PCE )Personal Consumption Expenditures (PCE) Price Index) report and it came in better than expectations. However, the financial markets had mostly been expecting a report with no inflation. The Bond and stock market are already been pricing in a Federal Reserve interest rate cut in March 2024. Inflation …
I was at the Q2B quantum Computer conference today and there was a talk about NSM-10 and the change of the encryption that underlies global finance and data protection. In 2024, the US government will start adopting new encryption rules and a phase out of existing encryption. There is a study being released next year …
JP Morgan is working to apply all kinds of quantum systems with all kinds of quantum hardware. They have proved different clear academic examples of speedup over classical systems with quantum systems. However, it is currently has not been done on major financially valuable problems. The proofs are done on problems which are easy to …