#maybe being Elon musk also didn’t do you many favors
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melonisopod · 3 months ago
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How do you manage to be less profitable than Tumblr?
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love how everybody was always joking about tumblr being the ultimate profit killer website which could make u run out of business if you bought it. but elon managed to do it with twitter. masterful gambit sir
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alienisticxo · 3 years ago
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X Angel - Chapter 3
Elon Musk x Reader
{Authors Note} I am considering taking requests, so if you have anything Elon-y that you’d like me to write, feel free to send them in my asks <3
I hope you continue to enjoy! You can also find this on AO3 and Wattpad. xo
Warnings: None
My security team immediately took one step closer to me as though this were some sort of communicated threat. But a strikingly cool grin crossed Elon’s lips— one that told he clearly didn’t care what anyone else thought about the matter.
“You can’t try the merchandise before you buy, sorry,” Jett retorted with no actual indication of being sorry.
“That’s not it,” he assured with a light laugh. “I’d like to see her without being under so much pressure.”
I eyed Elon then, a metallic eyebrow arched. While I was very much everyone’s golden child, cash cow, etc., no one had ever made an attempt at considering my own feelings in any situation. I was only to do as I was told. My thoughts or emotions were the least of everyone and anyone’s concerns, even though I had very much capitalized off of their fear of my denying their requests. At the end of the day, I was just another toy to play with, and that had all become very clear, very quickly. Coming to terms with the fact that they seemed to have fooled me more than I thought I was fooling them was going to be another story altogether. Still, to hear Elon say something like that surprised me-- almost making me as skeptical as everyone else suddenly was. What would the real reason be? On another hand, I was in disbelief that he might also be as kind as I hoped he would be on top of it all.
“Mr. Musk,” began one of the men who remained at the table nervously, “Please don’t make this difficult.”
They were clearly afraid of saying the wrong thing to him, walking on eggshells so to speak. To keep from risking the successful purchase of myself, however, they must’ve felt they had to confront him regardless of their fear.
“I’m not making anything difficult,” he said plainly, beginning to approach me then. “These beings are far more intelligent than we are, clearly capable of mimicking human emotion. You’re all poking and prodding her and she’s programmed quite authentically. She looks…” he paused, his hand lightly motioning toward me as he kept a polite distance. “Well, she looks nervous.”
I immediately checked my facial expression and posture, loosening up the best I could without giving away that he was correct. He had been watching me the entire time without saying a word, studying me to a tee without catching anyone’s attention. So much so, even I hadn’t noticed him standing in the corner until he made his presence known. I should’ve expected he'd been doing so the moment my eyes landed on him, but I had been so preoccupied in my own thoughts about the entire ordeal. Now I still couldn’t shake the shock of his way of treating me… like a person.
The man sighed through his nostrils, clearly exasperated at the request. But the other men paused and exchanged thoughtful glances, seeming to begin to understand where Elon was coming from.
“Hm… I suppose you’re right,” one said, causing the original man to clench his jaw.
“No dice,” said Jett flatly.
The man who’d examined me’s eyes seemed to light up then, and he turned to Jett, suddenly yearning to oblige Elon. I decided it was because of Jett’s insistence on not allowing it, so he himself wouldn’t appear to be the ‘bad guy.’ However, the others seemed genuinely curious themselves once he’d mentioned the notion.
“Perhaps if not alone with one of us, we can put her behind a glass of some sort,” one spoke up convincingly. “See how she acts without any outside influence whatsoever. Either way, it’s very important. We can’t expect someone to be with her twenty-four-seven on Earth to make sure she's still the bright and shining star we all know and love. It would be impossible.”
Elon breathed a laugh then, shaking his head as he reached a hand into his jacket, revealing a holographic card only seconds later.
Jett’s eyes shone like crystals in the sun the moment they set on the translucent object, his attention quickly caught and his interest extremely piqued. He pretended to mull over Elon’s offer with a hum.
“I guess we could cut a deal, Musk,” he said, feigning contemplation. “How much we talkin’?”
How fast his voice grew gravely and intrigued again. I wondered how much he was making off of my purchase as I stood like a statue, only able to watch what was happening from what felt like miles away. I wasn’t sure of his intentions, but I felt compelled to allow him the request. I hoped it was for something important. Maybe even something that could help me get out of the situation I now found myself in. At the very least, I just wanted the opportunity that so many dreamt of- to have time with him, no matter what it was about.
“However much you’d like,” was all he said. “But I’d like to see her for myself in a more natural situation— a one on one setting.”
I bit my tongue before gathering enough courage to speak confidently in a room full of intimidating people, unsure of whether or not my tactics would still work.
Here goes.
“There’s no need for that. Let Mr. Musk do as he wants, Jett,” I demanded, holding my hand out in a gesture to push the card Elon held down. “Or I walk from Astra before you have a chance to sign me away at all.���
I didn’t mean to backhandedly mention their signing me away, but I couldn’t help it. It must’ve worked in my favor, as Jett’s nostrils flared, and if looks could kill, I wouldn’t have needed to walk. I would’ve dropped dead right there. Cybernetic stars didn’t demand much of anything, ever. But I certainly had a tendency to threaten to cut all functions when I didn’t get what I was after, and Astra needed me far too much.
Or at least, they did.
Who were they going to replace me with?
But I digress…
My human requests and reactions were a major part of what made me so lifelike to everyone I deal with. It was unheard of among the others and they just weren’t sure if I was bluffing or not. That was what made me the only one like me. The special one, the star I was. It was what purchased my penthouse with the idyllic view and each one of my Tesla’s; what kept me living in the lap of luxury and able to help those I needed to help. Though of course, I always had to play my cards right, using my demands only in opportune moments. That was what kept me afloat with Astra as well.
A.I. was just tricky that way, and while no one knew for sure, Jett knew better with me. I was tempted to use this strategy in the situation I was dealing with now. But I knew better, too. No one would want me if I opposed it altogether, and I’d be left to the crime ridden outskirts like a few before me had been, too. It was obvious I was no longer an asset to the label.
Jett pushed past Elon then, clearly fuming over my interference with his under-the-table payment.
“Five minutes,” was all Jett said as he approached the doors to leave the room, not turning back to look at anyone.  
There was a brief smirk on Elon’s lips before he nodded for the other men to follow Jett, who quite willingly did so, and before too long, I was alone with the only man I’d ever admired.
I knew I was supposed to be more at ease with the sudden lack of eyes prying into my entirety, but my nerves continued to get the better of me. How could they not when standing next to someone as awe inspiring as Elon Musk? Maybe to any other person who didn’t care, it would’ve been easy, a relief. But I found myself trying my best to keep my composure even though I’d pushed for the request.
Not sure what I was expecting, I remained silent, my metallic fingernails clicking against each other in front of me. I felt like a child who was waiting for punishment. But the silence wasn’t as awkward as I was waiting for it to become. That was clearly his doing and not mine, as he was cool as ever. I waited for him to speak first, my voice too caught in my throat, anyway.
He turned towards the beautiful view before us, looking out over it into the night sky. The bright lights cast the same glow they had when he stood beside the window, but slightly dimmer, adding a sultry shadow to his features that I damned myself for noticing. He exhaled audibly, but not dramatically, eyes scanning over the skyline.
“It’s nice here, isn’t it?” He asked.
Small talk. Odd.
“Yeah,” I responded quietly. “One of the reasons I wa-“
I caught myself, noticing his green eyes glance in my direction without facing towards me completely. Pausing a moment to feign an error, I started speaking again, facing out over the view myself, then. “One of the reasons I love it here so much.”
He either suspected it was an error, or wasn’t concerned as he continued the conversation with no reservations.
“Earth isn’t so terrible,” he said. “Sure, we’ve fucked it up pretty badly, but it could be worse.”
I smiled. He was absolutely correct.
“Aren’t you headed for Mars, anyway?” I piped up next, unable to conceal my admiration.
“You’ve heard about that, huh?” He asked, turning to face me then.
I discreetly stiffened up again as he studied my features, the slightest furrow in his brow. I could tell he was trying to figure me out; figure out who could’ve pieced me together. What kind of rival company he might be up against without even knowing it. A.I. lifeforms were lifelike, damn near realistic, but it hadn’t advanced to the point I exhibited yet. Most people didn’t think twice, just saw how phenomenal I was— the walking, talking, cybernetic pop star that everyone wanted to be just like.
Elon was far, far more intelligent than that.
“You’re synonymous with space travel,” I responded a bit flatly, as though I was simply pulling the information from a database in my mind instead of revealing I just knew about him. “Mars was your first target. NASA pushed for X, and here you are now.”
He lifted a brow, an almost amused expression on his features as he let me speak.
“Why are you here? Buying a pop star hardly seems like your forte,” I continued, not wanting to sound as confused and even a little hurt at the notion as I was.
His response was a chuckle. He was certainly amused now.
“You’ve got a point there. I’m here to figure you out, Miss {Y/L/N},” he said, wobbling his head to one side a bit. “You’ve been all the talk back on Earth. The latest and greatest A.I. creation. You’re scaring people, to be quite frank, and I’m interested in.. picking your brain, so to speak.”
My face fell. Something about that gave me an uneasy feeling. I hadn’t exactly put together that I was feared while everyone I encountered adored me for all that I was. Or.. All they thought I was. The last thing I wanted was to scare people-- It wasn’t even the last thing, it wasn’t a thing I wanted at all. I knew I was something of a puppet to pertain to the masses in order to get messages across, but being completely frightening wasn’t on my to-do list.
“Scaring people?” was all I could manage, the slightest twinge of hurt in my voice.
“You move, speak, act and react as though you are a human being. No company, and certainly no one, has been able to package all of this kind of complex engineering into a real, walking, talking cybernetic human form. At least, not without it looking completely fake. Other cybernetic celebrities, while convincing enough to the untrained eye, haven’t been able to hold a candle to your authenticity,” his expression was serious as he held my gaze. “You must realize the kind of trouble that could put humanity into.”
He paused, thinking for a moment.
“More trouble than we’re already in,” he finished then.
All at once, I was lost for words. What I had expected to be making an impact in a monetary way was only frightening people in other places. I wondered if Xian’s felt the same way, or if they just turned a blind eye to the fact that I was the way I was. Perhaps they felt as though Planet X had simply had it all under control with the advanced technology they were known for. I had questions, of course. Who wouldn’t? But I had to keep my own front up. I responded the only way I knew how.
“I’m sorry to break it to you, but I’m just here to be a star,” I forced a smile.
He breathed another quiet laugh then, his eyes dropping before looking back out at the view for a moment. He picked up on my programming side holding my guard up at the question. “Of course you are,” he said quietly.
I suddenly felt crushed. I didn’t want him to dislike me, or feel as though I was a threat to mankind or anyone who may have crossed my path. I also didn’t want him to feel as though I were nothing more than another dumb pop star that was so well-known around celebrity culture. A million things ran through my mind at once, but I couldn’t voice any of them. I was caught between what I should say and what would happen if I did. While I didn’t know him from anyone, I felt quite obligated to be honest with him. It seemed as though so far, while only a few sentences in, he had been nothing but honest with me. There was something about him that I couldn’t put my finger on; something I couldn’t get past. The desire to let him in was overwhelming, but I pushed it away, chalking it up to the grave admiration I felt for him and nothing more. I didn’t know him, after all.
His hands were in his pockets, but after a few more seconds of silence hanging between us, his eyes met mine again before averting to my neck. Looking as though he wanted to say something, I studied him with a fervent curiosity. He lifted a finger quickly then with an inhale, softly gesturing towards my hair.
“May I?” He asked gently.
I knew then what he was after. He wanted to check for an indication of a company himself, knowing where they usually hide their numbers and letters in etching rather than stamping it on in ink. I wondered if that was the only reason he wanted to get me alone in the first place, and tried not to feel the faint pang of hurt in my chest.
While the idea was clever, he wouldn’t find what he was looking for, and I knew this all too well. Still, playing ball as I knew I had to, I obliged.
“Of course,” I nodded once, tilting my head a bit to allow him more access to the area he was to begin searching.
With careful hands, he moved my hair, his fingers gliding under my ear and to the nape of my neck, delicately feeling for any indication of an etching. I could hear his hand brush against the cold metal of my body, and instead of the previous hurt, a sudden, surprising pang of longing struck me as I deeply wished I could feel the warmth of his fingers.
My brow furrowed just slightly while I sat with the unforgivable thought as he continued his hunt. His cologne seemed to emanate around me, and the scent alone relaxed me without my noticing at first. There was something kind about his hesitance, his desire to treat me as not something that simply made people made money, but someone, with feelings and opinions. The notion was something I’d have to get used to, but not unwelcome in the least. I couldn’t help but notice he was certainly attractive, even more so up close than I’d casually noticed in photos, and his consideration for me alone spoke volumes— asking my permission, the gentle touch he used when I allowed it; it was admirable in and of itself. Cybernetic beings were seldom cared for in such a way. He seemed to treat me as an equal.
“Hm,” he finally contemplated, taking me back out of my thoughts once more. “I don’t feel anything,” he thought aloud.
“Sometimes I wonder if I didn’t just create myself,” I joked, my voice airy as I tried to keep the mood light.
But he wasn’t laughing as he carefully removed his hand and let my {H/C} hair fall back into place. I’m fact, his countenance read quite grave as our eyes met once more.
“It’s troubling,” was all he said as the doors swung back open, slightly startling us both.
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preciousmetals0 · 5 years ago
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Quantum Investing; Beyond Retail; Wayfail; Shwedy Security
Quantum Investing; Beyond Retail; Wayfail; Shwedy Security:
A Quantum Leap
Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please.
Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request comes directly from the U.S. Department of Energy — you know, the guys that helped bring us the internet 60 years ago?
While Trump’s budget still has a long way to go — i.e., through a Democrat-controlled House of Representatives — even he knows that quantum computing is the future of technology as we know it.
And that future is exceedingly bright, especially for investors who get in early.
That’s great, Mr. Great Stuff, real great. More spending on technology while we fight a virus? You’re starting to sound like Bold Profits. So, what is this “quantum computing” … and why should I care?
Why should you care? Hmm … because if we had quantum computers right now, we may already have a cure or vaccine for COVID-19. How’s that, Mr. Doubting Mustafa?
So far, everything you’ve ever seen, written, read or interacted with on a computer or the internet is made up of ones and zeros at its core. Get enough of these ones and zeros together, and you can publish a free e-zine on BanyanHill.com and deliver it to thousands of people on the internet.
But quantum computing? Now that’s a horse of a different color.
Quantum computing will change everything we know about computers, the internet, smartphones, cybersecurity, artificial intelligence (AI), health care, virus management … and even the weather.
It’s a complex topic that deserves a much more in-depth explanation if you’re into future technology. Though, I know you’re itching to hear the market side of things. (Quantum profits? In my portfolio?!) Tech investors, listen up…
The Takeaway:
Essentially, quantum computing is the next leap forward in our digital evolution. President Trump knows this, and it’s why he’s pushing for millions in new funding.
Now, your question should be: How do I get in on the emerging quantum computing mega trend?
I’m glad you asked! The answer is a lot simpler than you might expect…
Right now, only a handful of tech companies have the financial wherewithal to dive into quantum computing research in a meaningful way. Here are three to get you started:
Alphabet Inc. (Nasdaq: GOOGL): The Google parent always has a lot of goofy pet projects in the works, but the company’s quantum computing project is no joke. Codenamed “Bristlecone,” Alphabet’s new quantum computing semiconductor has 72 quantum bits, or qubits. These are the building blocks of quantum chips, just like bits are for current chips. The company leads the arms race in quantum computing power.
IBM Corp. (NYSE: IBM): Good old “Big Blue” built one of the world’s first successful quantum computers. While that computer has since been overshadowed by Alphabet’s Bristlecone, IBM remains at the forefront of developing a “commercial available universal quantum computer for business and science” … at least, according to the company’s quantum research page. A breakthrough in quantum computing could be just what IBM needs to return to relevancy in the data center and AI markets.
Intel Corp. (Nasdaq: INTC): You didn’t think the world’s original semiconductor behemoth would be left out of the quantum computing revolution, did you? Intel is already rolling out quantum semiconductors. Unfortunately, all of those chips need to operate at temperatures near absolute zero. That’s one hell of a cooling system. However, Intel is reportedly close to creating a 128 qubit chip, which would put it well ahead of Alphabet in the quantum processing race.
I know that’s a lot to take in … especially with our brains on autopilot after being locked inside for the past month. So, let me make this easier for you:
If you want expert, cutting-edge stock research on everything from AI to quantum computing, click here now!
The Good: Shwedy Results
In what should surprise literally no one, IT security and services firm, Check Point Software Technologies Ltd. (Nasdaq: CHKP) beat earnings and revenue expectations this morning.
This stay-at-home market has been a boon for Check Point, with the company beating Wall Street’s first-quarter expectations by $0.04 per share. Revenue of $486.5 million also topped the consensus estimate.
“Despite the COVID-19 pandemic, we sustained elevated business activity levels and delivered results in the upper half of our guidance with strength coming from the Americas,” said CEO Gil Shwed.
But, while the prior quarter benefited greatly from the new work-at-home economy, Shwed warned that “it’s hard to predict what effect this changing environment will have on the future.”
I get it. The future is hard to predict, especially right now. But, as long as this lockdown stays in effect, Check Point will continue to benefit handsomely.
The Bad: No Meat for You
“Stock rally + food service exposure + increased retail competition = downside risk,” says UBS analyst Steven Strycula. And you thought you were done with math today!
Strycula’s “new math” is in reference to Beyond Meat Inc. (Nasdaq: BYND). And, after BYND’s recent 100% surge, the UBS analyst believes now is the time to ditch BYND stock. He cut BYND from hold to sell and slashed his price target from $90 to $73.
In short, Strycula’s reasoning is that Beyond Meat has relied on restaurant deals to boost its bottom line. With practically every restaurant in the U.S. shut down, Beyond Meat will take a hit to its bottom line.
I admit that UBS has a point over the short term at least. Over the long term, however, the COVID-19 pandemic has the potential to change the eating habits of millions. As Great Stuff reported on Friday, CFRA Research told clients: “Most infectious disease outbreaks are transmitted from animals to humans.”
Furthermore, meat processing is shutting down around the world. You already know that China struggles with pork production. Now, we have Tyson Foods Inc. (NYSE: TSN) shutting down processing plants due to the virus.
These stories are clearly a short-term boost for BYND, driving investor sentiment more than the company’s bottom line. So, UBS isn’t wrong … for now. But the problems surrounding meat production amid COVID-19 give insight into Beyond Meat’s future. And that future is trending in the meatless wonder’s favor.
The Ugly: Way(Above)Fair Value
Remember when Wayfair Inc. (NYSE: W) reported a wider-than-expected quarterly loss, issued guidance far below expectations with negative quarterly margins?
Yeah, neither does Wall Street.
Wayfair stock has gone on a 400% bender since its Ides of March lows. But someone on Wall Street finally came to their senses.
Stifel analyst Scott Devitt responded to Wayfair’s insanity by downgrading the stock from buy to hold. According to Devitt, the stock passed his price target of $115 last week, and it’s time for a break.
Well … it’s not a resounding rebuke of the stock’s 400% surge, but I’ll take what I can get.
Wayfair’s main problem is that it has to spend — a lot — to stay fresh in consumers’ minds. The company directly competes with everyone from Amazon to Walmart … but it doesn’t have the same brand recognition.
In short, Wayfair’s revenue boost from online shopping amid the pandemic is eaten up by advertising costs.
I swear, I’m so tired of seeing Wayfair ads on Facebook. I can’t imagine how much this is costing the company … oh, wait, I can: negative margins.
The point is, Wayfair is nothing special. It offers products that you can find virtually everywhere else. The only reason it gets attention is because people can’t shop outside. As such, I fully expect Wayfair to see a sharp drop in sales once this lockdown is over. And that’s bad news for W shares.
Today’s Chart of the Week once again comes courtesy of Earnings Whispers on Twitter, with a whole lotta earnings season shakin’ goin’ on.
Hey, I can’t be the only one who gets excited about this kind of stuff. If you’ve never felt the brisk energizing action of corporate earnings, well, maybe you’re a more well-adjusted person than lil ol’ me.
Roughly 30% of the S&P 500 Index is set to report earnings this week, with more than a third of the Dow also spilling its beans. Not to mention, this week features the trillion-dollar tech titans face off. All eyes are on Amazon.com Inc. (Nasdaq: AMZN), a beacon of all online shopping supply chains, and Apple Inc. (Nasdaq: AAPL), bellwether of the “gotta get it now” crowd.
Google’s parent Alphabet already sowed doubts about its ad-dependent business slowing down. (And if you want to talk ���we live and breathe ads,” why, Facebook Inc. (Nasdaq: FB) is just getting started … show me another Wayfair ad, I dare you, Zuckerberg!)
Here’s what else is kicking off this week:
AMD has yet another chance to upheave its consumer computer chip rival Intel.
Tesla Inc. (Nasdaq: TSLA) fanatics and traders alike will go ape-$#^! no matter what Elon Musk and co. end up reporting.
We hear from Spotify Technology S.A. (NYSE: SPOT), the streaming underdog and longtime Great Stuff Granted, I don’t think too many families are out there spending quarantine together around the radio. Guess I might as well huddle around to stream for Roosevelt’s fireside chats while I’m at it…
We get to see how much useless (or not-so-useless) stuff people have been buying on eBay.
It’s an all-airline affair with the best bailed-out buds, along with a look at how Boeing Co. (NYSE: BA) is holding up with the air industry’s collapse (plus, you know, its other production and PR debacles).
Finally, we round out the week with the Clorox Co. (NYSE: CLX) and Abbive Inc. (NYSE: ABBV) — two of Great Stuff’s stocks to beat the Wuhan virus … when we still called it that.
It’s sure to be a topsy-turvy week of earnings … but it’s not like you expected otherwise, right? Stick with Great Stuff and Banyan Hill, and we’ll help you dispel the earnings excellence from the hype and hogwash.
If you’re looking to venture out hunting for market bargains, just remember: You never have to go alone! Take a guide. They’re handy. They’ve been through choppy and unexpected markets before. And no matter what kind of earnings apocalypse we may be due for, you’ll want to keep your wits about you.
Click here now to find your guide.
That’s a wrap for today, but you can always catch us on social media: Facebook and Twitter. We hope you’re staying well out there!
Until next time, stay Great!
Regards,
Joseph Hargett
Editor, Great Stuff
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goldira01 · 5 years ago
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A Quantum Leap
Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please.
Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request comes directly from the U.S. Department of Energy — you know, the guys that helped bring us the internet 60 years ago?
While Trump’s budget still has a long way to go — i.e., through a Democrat-controlled House of Representatives — even he knows that quantum computing is the future of technology as we know it.
And that future is exceedingly bright, especially for investors who get in early.
That’s great, Mr. Great Stuff, real great. More spending on technology while we fight a virus? You’re starting to sound like Bold Profits. So, what is this “quantum computing” … and why should I care?
Why should you care? Hmm … because if we had quantum computers right now, we may already have a cure or vaccine for COVID-19. How’s that, Mr. Doubting Mustafa?
So far, everything you’ve ever seen, written, read or interacted with on a computer or the internet is made up of ones and zeros at its core. Get enough of these ones and zeros together, and you can publish a free e-zine on BanyanHill.com and deliver it to thousands of people on the internet.
But quantum computing? Now that’s a horse of a different color.
Quantum computing will change everything we know about computers, the internet, smartphones, cybersecurity, artificial intelligence (AI), health care, virus management … and even the weather.
It’s a complex topic that deserves a much more in-depth explanation if you’re into future technology. Though, I know you’re itching to hear the market side of things. (Quantum profits? In my portfolio?!) Tech investors, listen up…
The Takeaway:
Essentially, quantum computing is the next leap forward in our digital evolution. President Trump knows this, and it’s why he’s pushing for millions in new funding.
Now, your question should be: How do I get in on the emerging quantum computing mega trend?
I’m glad you asked! The answer is a lot simpler than you might expect…
Right now, only a handful of tech companies have the financial wherewithal to dive into quantum computing research in a meaningful way. Here are three to get you started:
Alphabet Inc. (Nasdaq: GOOGL): The Google parent always has a lot of goofy pet projects in the works, but the company’s quantum computing project is no joke. Codenamed “Bristlecone,” Alphabet’s new quantum computing semiconductor has 72 quantum bits, or qubits. These are the building blocks of quantum chips, just like bits are for current chips. The company leads the arms race in quantum computing power.
IBM Corp. (NYSE: IBM): Good old “Big Blue” built one of the world’s first successful quantum computers. While that computer has since been overshadowed by Alphabet’s Bristlecone, IBM remains at the forefront of developing a “commercial available universal quantum computer for business and science” … at least, according to the company’s quantum research page. A breakthrough in quantum computing could be just what IBM needs to return to relevancy in the data center and AI markets.
Intel Corp. (Nasdaq: INTC): You didn’t think the world’s original semiconductor behemoth would be left out of the quantum computing revolution, did you? Intel is already rolling out quantum semiconductors. Unfortunately, all of those chips need to operate at temperatures near absolute zero. That’s one hell of a cooling system. However, Intel is reportedly close to creating a 128 qubit chip, which would put it well ahead of Alphabet in the quantum processing race.
I know that’s a lot to take in … especially with our brains on autopilot after being locked inside for the past month. So, let me make this easier for you:
If you want expert, cutting-edge stock research on everything from AI to quantum computing, click here now!
The Good: Shwedy Results
In what should surprise literally no one, IT security and services firm, Check Point Software Technologies Ltd. (Nasdaq: CHKP) beat earnings and revenue expectations this morning.
This stay-at-home market has been a boon for Check Point, with the company beating Wall Street’s first-quarter expectations by $0.04 per share. Revenue of $486.5 million also topped the consensus estimate.
“Despite the COVID-19 pandemic, we sustained elevated business activity levels and delivered results in the upper half of our guidance with strength coming from the Americas,” said CEO Gil Shwed.
But, while the prior quarter benefited greatly from the new work-at-home economy, Shwed warned that “it’s hard to predict what effect this changing environment will have on the future.”
I get it. The future is hard to predict, especially right now. But, as long as this lockdown stays in effect, Check Point will continue to benefit handsomely.
The Bad: No Meat for You
“Stock rally + food service exposure + increased retail competition = downside risk,” says UBS analyst Steven Strycula. And you thought you were done with math today!
Strycula’s “new math” is in reference to Beyond Meat Inc. (Nasdaq: BYND). And, after BYND’s recent 100% surge, the UBS analyst believes now is the time to ditch BYND stock. He cut BYND from hold to sell and slashed his price target from $90 to $73.
In short, Strycula’s reasoning is that Beyond Meat has relied on restaurant deals to boost its bottom line. With practically every restaurant in the U.S. shut down, Beyond Meat will take a hit to its bottom line.
I admit that UBS has a point over the short term at least. Over the long term, however, the COVID-19 pandemic has the potential to change the eating habits of millions. As Great Stuff reported on Friday, CFRA Research told clients: “Most infectious disease outbreaks are transmitted from animals to humans.”
Furthermore, meat processing is shutting down around the world. You already know that China struggles with pork production. Now, we have Tyson Foods Inc. (NYSE: TSN) shutting down processing plants due to the virus.
These stories are clearly a short-term boost for BYND, driving investor sentiment more than the company’s bottom line. So, UBS isn’t wrong … for now. But the problems surrounding meat production amid COVID-19 give insight into Beyond Meat’s future. And that future is trending in the meatless wonder’s favor.
The Ugly: Way(Above)Fair Value
Remember when Wayfair Inc. (NYSE: W) reported a wider-than-expected quarterly loss, issued guidance far below expectations with negative quarterly margins?
Yeah, neither does Wall Street.
Wayfair stock has gone on a 400% bender since its Ides of March lows. But someone on Wall Street finally came to their senses.
Stifel analyst Scott Devitt responded to Wayfair’s insanity by downgrading the stock from buy to hold. According to Devitt, the stock passed his price target of $115 last week, and it’s time for a break.
Well … it’s not a resounding rebuke of the stock’s 400% surge, but I’ll take what I can get.
Wayfair’s main problem is that it has to spend — a lot — to stay fresh in consumers’ minds. The company directly competes with everyone from Amazon to Walmart … but it doesn’t have the same brand recognition.
In short, Wayfair’s revenue boost from online shopping amid the pandemic is eaten up by advertising costs.
I swear, I’m so tired of seeing Wayfair ads on Facebook. I can’t imagine how much this is costing the company … oh, wait, I can: negative margins.
The point is, Wayfair is nothing special. It offers products that you can find virtually everywhere else. The only reason it gets attention is because people can’t shop outside. As such, I fully expect Wayfair to see a sharp drop in sales once this lockdown is over. And that’s bad news for W shares.
Today’s Chart of the Week once again comes courtesy of Earnings Whispers on Twitter, with a whole lotta earnings season shakin’ goin’ on.
Hey, I can’t be the only one who gets excited about this kind of stuff. If you’ve never felt the brisk energizing action of corporate earnings, well, maybe you’re a more well-adjusted person than lil ol’ me.
Roughly 30% of the S&P 500 Index is set to report earnings this week, with more than a third of the Dow also spilling its beans. Not to mention, this week features the trillion-dollar tech titans face off. All eyes are on Amazon.com Inc. (Nasdaq: AMZN), a beacon of all online shopping supply chains, and Apple Inc. (Nasdaq: AAPL), bellwether of the “gotta get it now” crowd.
Google’s parent Alphabet already sowed doubts about its ad-dependent business slowing down. (And if you want to talk “we live and breathe ads,” why, Facebook Inc. (Nasdaq: FB) is just getting started … show me another Wayfair ad, I dare you, Zuckerberg!)
Here’s what else is kicking off this week:
AMD has yet another chance to upheave its consumer computer chip rival Intel.
Tesla Inc. (Nasdaq: TSLA) fanatics and traders alike will go ape-$#^! no matter what Elon Musk and co. end up reporting.
We hear from Spotify Technology S.A. (NYSE: SPOT), the streaming underdog and longtime Great Stuff Granted, I don’t think too many families are out there spending quarantine together around the radio. Guess I might as well huddle around to stream for Roosevelt’s fireside chats while I’m at it…
We get to see how much useless (or not-so-useless) stuff people have been buying on eBay.
It’s an all-airline affair with the best bailed-out buds, along with a look at how Boeing Co. (NYSE: BA) is holding up with the air industry’s collapse (plus, you know, its other production and PR debacles).
Finally, we round out the week with the Clorox Co. (NYSE: CLX) and Abbive Inc. (NYSE: ABBV) — two of Great Stuff’s stocks to beat the Wuhan virus … when we still called it that.
It’s sure to be a topsy-turvy week of earnings … but it’s not like you expected otherwise, right? Stick with Great Stuff and Banyan Hill, and we’ll help you dispel the earnings excellence from the hype and hogwash.
If you’re looking to venture out hunting for market bargains, just remember: You never have to go alone! Take a guide. They’re handy. They’ve been through choppy and unexpected markets before. And no matter what kind of earnings apocalypse we may be due for, you’ll want to keep your wits about you.
Click here now to find your guide.
That’s a wrap for today, but you can always catch us on social media: Facebook and Twitter. We hope you’re staying well out there!
Until next time, stay Great!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
alienisticxo · 3 years ago
Text
X Angel - (Elon Musk x Reader) Chapter One
Hi there! I’m Dream and I’m new to posting fanfiction to Tumblr. I’ve currently been pining away for Elon Musk (why am I so strange?!) and this odd little story has been trapped in my head for a little while.  I’m only posting this little prelude excerpt, so if anyone out there wants me to continue it, let me know or I won’t post the rest otherwise.  This is also very obviously inspired by Cyberpunk a bit as well, and it's a super mega alternate universe kind of sci-fi story. Also a reader-insert / first person POV. (So really just wow a whole mess).
If you do happen to decide to read the shit that spews from my imagination, I hope you enjoy!
Warnings: None... yet.
Saturn’s effervescent rings hung like a million tiny, shimmering diamonds in the atmosphere behind a sprawling city skyline. Neon buzzed along the metallic buildings, bright hues of hot pink and electric blue casting an endless glow of variant shades against the night air and all who inhabited the city beneath the lights. Planet X was fairly new in the grand scheme of things, discovered by NASA years before they publicly announced it. During the lengthy stretch of time between their findings and the grand announcement, they focused purely on colonization. While the entire planet had not yet been inhabited, the metropolis they built from the atmosphere down and then the ground up quickly became a booming, cyberpunk inspired dream by 2024. The planet itself was as large as Earth, or maybe small, depending on who you asked, and if you were lucky enough to step foot on the new ground for yourself, you had it all.
See, things had changed back on Earth. So much so, it was now only a nostalgic destination to those who were forced to return to its remnants for some form of business, or a vast, broken society far beyond how it had already been to those who could never escape.
The unfortunate part was that not many were able to escape compared to Earth’s population.
As cautioned for years, mother nature began to reclaim the land with no help from her careless inhabitants. Natural disasters and technological meltdowns were imminent— with much thanks to the major technology boom that took artificial intelligence from labs and computers and introduced it into the human population. Earth was now akin to a desolate wasteland save for any major cities which had already been crumbling long before the final blow. People woke up everyday just to survive until they didn’t anymore. They had nothing much to hold on to but the dream of seeing Planet X for themselves, and not just in news casts or online. Earth was stuck in what very quickly became the past to those who no longer inhabited it. People who were billionaires and celebrities still remained, most of them boasting that it was by choice in some form of protest against giving up on the land.
Everyone was left with their own ruins, but life continued in such a declining state, whether they wished it would or not.
Planet X, however, otherwise known as just X, was now the hot new place to be. While most everyday humans still remained on Earth, the elite, the fortuitous, and freshly built A.I. lifeforms lived there. Despite the glitz and glamor of the main circles that people dreamt of belonging to in the main metropolis, the rest of the planet was a far cry from established. Those who were able to make it by the skin of their teeth, but not of the wealthy or powerful, ruled the rest of the newly conquered world. Gangs were prevalent and cryptocurrency exchanged hands that it shouldn’t for things no one spoke of. The outskirts of major cities were riddled with crime and people who held a passionate disdain for the corruption the higher-ups of X indulged in like candy.
A.I. creations ran rampant, cybernetic figureheads graced holographic magazine covers and television screens. Man made pop stars and film icons required little to no attention to keep happy, but were programmed to want it all in order to keep the public inspired and working for the coin, just as your average Hollywood celebrity might. Because of this, they were showered with luxuries and opportunities that made the lower class outliers sick to their stomachs, thus causing them to vow to bring down the hierarchy if it was the last thing they did. The individuals that couldn’t stand these cybernetic beings' lack of empathy for humanity fought against them, and in turn, the big-wigs played dirty to see that things worked in their favor at every turn.
In this grand metropolis of Drax City, where I also lived, the famous and infamous alike resided like royalty beyond comprehension, crypto that ‘normal people’ could never afford being passed around like penny candy in order to meet the petty whims that kept the A.I. stars working and hungry for more. There were truly no consequences to denying them, but they gave it up all the same. You see, humans didn’t become famous on X once executives realized how much easier it was to work with artificial intelligence. If you had a dream on Earth, and managed to find yourself in this new world to make it happen, you ended up tossing it into the fire with everyone else who’d made the venture before you. If a human was lucky enough, they worked for the stars. But they’d never become one.
Humans were simply too demanding and extremely disposable.
However, there were still average people of sorts, both cybernetic and human. They filled in the gaps in between. They held jobs and went to school, they owned shops and were complacent with their lower class lives. Most were just thankful to be away from Earth and the ruin it’d become outside of its own major cities, where people in power that stayed behind in an effort to figure out some last ditch plan to reverse the mess they’d made of the planet still roamed like infamous gods. Despised by the lower class; adored by the ones who felt they could still salvage the only home they knew.
Still, they tried their best on Earth. The entertainment business and corporations were still up and running, new celebrities were being ‘discovered’ every day on the streets in hopes of one or two truly catching fire enough to bring up the revenue of whoever’s contract they ‘signed.’ Earth was running out of options once they banned the use of A.I. the best they could. It was still very prevalent in some areas that could no longer be controlled, but they’d set themselves back decades in comparison to X by doing so.
But as the saying goes, the show must go on and money must be made. Regardless of how life had so drastically changed for everyone between the two planets, super stars were still the quickest way to influence the weak and naive minded. Executives and CEO’s knew that all too well.
And so, “eat the rich” was spray painted onto every alley wall, and thieves and hit men were prevalent; sneaking around corners, smiling from grungy doorways on the more dangerous streets around Drax City. Planet X and the beautifully sickening metropolis in it was plucked straight from a movie scene and plopped into the middle of the galaxy in all regards.
But that was the beauty of X.
I thanked the stars every single night that I was one of the lucky ones.
19 notes · View notes
preciousmetals0 · 5 years ago
Text
Quantum Investing; Beyond Retail; Wayfail; Shwedy Security
Quantum Investing; Beyond Retail; Wayfail; Shwedy Security:
A Quantum Leap
Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please.
Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request comes directly from the U.S. Department of Energy — you know, the guys that helped bring us the internet 60 years ago?
While Trump’s budget still has a long way to go — i.e., through a Democrat-controlled House of Representatives — even he knows that quantum computing is the future of technology as we know it.
And that future is exceedingly bright, especially for investors who get in early.
That’s great, Mr. Great Stuff, real great. More spending on technology while we fight a virus? You’re starting to sound like Bold Profits. So, what is this “quantum computing” … and why should I care?
Why should you care? Hmm … because if we had quantum computers right now, we may already have a cure or vaccine for COVID-19. How’s that, Mr. Doubting Mustafa?
So far, everything you’ve ever seen, written, read or interacted with on a computer or the internet is made up of ones and zeros at its core. Get enough of these ones and zeros together, and you can publish a free e-zine on BanyanHill.com and deliver it to thousands of people on the internet.
But quantum computing? Now that’s a horse of a different color.
Quantum computing will change everything we know about computers, the internet, smartphones, cybersecurity, artificial intelligence (AI), health care, virus management … and even the weather.
It’s a complex topic that deserves a much more in-depth explanation if you’re into future technology. Though, I know you’re itching to hear the market side of things. (Quantum profits? In my portfolio?!) Tech investors, listen up…
The Takeaway:
Essentially, quantum computing is the next leap forward in our digital evolution. President Trump knows this, and it’s why he’s pushing for millions in new funding.
Now, your question should be: How do I get in on the emerging quantum computing mega trend?
I’m glad you asked! The answer is a lot simpler than you might expect…
Right now, only a handful of tech companies have the financial wherewithal to dive into quantum computing research in a meaningful way. Here are three to get you started:
Alphabet Inc. (Nasdaq: GOOGL): The Google parent always has a lot of goofy pet projects in the works, but the company’s quantum computing project is no joke. Codenamed “Bristlecone,” Alphabet’s new quantum computing semiconductor has 72 quantum bits, or qubits. These are the building blocks of quantum chips, just like bits are for current chips. The company leads the arms race in quantum computing power.
IBM Corp. (NYSE: IBM): Good old “Big Blue” built one of the world’s first successful quantum computers. While that computer has since been overshadowed by Alphabet’s Bristlecone, IBM remains at the forefront of developing a “commercial available universal quantum computer for business and science” … at least, according to the company’s quantum research page. A breakthrough in quantum computing could be just what IBM needs to return to relevancy in the data center and AI markets.
Intel Corp. (Nasdaq: INTC): You didn’t think the world’s original semiconductor behemoth would be left out of the quantum computing revolution, did you? Intel is already rolling out quantum semiconductors. Unfortunately, all of those chips need to operate at temperatures near absolute zero. That’s one hell of a cooling system. However, Intel is reportedly close to creating a 128 qubit chip, which would put it well ahead of Alphabet in the quantum processing race.
I know that’s a lot to take in … especially with our brains on autopilot after being locked inside for the past month. So, let me make this easier for you:
If you want expert, cutting-edge stock research on everything from AI to quantum computing, click here now!
The Good: Shwedy Results
In what should surprise literally no one, IT security and services firm, Check Point Software Technologies Ltd. (Nasdaq: CHKP) beat earnings and revenue expectations this morning.
This stay-at-home market has been a boon for Check Point, with the company beating Wall Street’s first-quarter expectations by $0.04 per share. Revenue of $486.5 million also topped the consensus estimate.
“Despite the COVID-19 pandemic, we sustained elevated business activity levels and delivered results in the upper half of our guidance with strength coming from the Americas,” said CEO Gil Shwed.
But, while the prior quarter benefited greatly from the new work-at-home economy, Shwed warned that “it’s hard to predict what effect this changing environment will have on the future.”
I get it. The future is hard to predict, especially right now. But, as long as this lockdown stays in effect, Check Point will continue to benefit handsomely.
The Bad: No Meat for You
“Stock rally + food service exposure + increased retail competition = downside risk,” says UBS analyst Steven Strycula. And you thought you were done with math today!
Strycula’s “new math” is in reference to Beyond Meat Inc. (Nasdaq: BYND). And, after BYND’s recent 100% surge, the UBS analyst believes now is the time to ditch BYND stock. He cut BYND from hold to sell and slashed his price target from $90 to $73.
In short, Strycula’s reasoning is that Beyond Meat has relied on restaurant deals to boost its bottom line. With practically every restaurant in the U.S. shut down, Beyond Meat will take a hit to its bottom line.
I admit that UBS has a point over the short term at least. Over the long term, however, the COVID-19 pandemic has the potential to change the eating habits of millions. As Great Stuff reported on Friday, CFRA Research told clients: “Most infectious disease outbreaks are transmitted from animals to humans.”
Furthermore, meat processing is shutting down around the world. You already know that China struggles with pork production. Now, we have Tyson Foods Inc. (NYSE: TSN) shutting down processing plants due to the virus.
These stories are clearly a short-term boost for BYND, driving investor sentiment more than the company’s bottom line. So, UBS isn’t wrong … for now. But the problems surrounding meat production amid COVID-19 give insight into Beyond Meat’s future. And that future is trending in the meatless wonder’s favor.
The Ugly: Way(Above)Fair Value
Remember when Wayfair Inc. (NYSE: W) reported a wider-than-expected quarterly loss, issued guidance far below expectations with negative quarterly margins?
Yeah, neither does Wall Street.
Wayfair stock has gone on a 400% bender since its Ides of March lows. But someone on Wall Street finally came to their senses.
Stifel analyst Scott Devitt responded to Wayfair’s insanity by downgrading the stock from buy to hold. According to Devitt, the stock passed his price target of $115 last week, and it’s time for a break.
Well … it’s not a resounding rebuke of the stock’s 400% surge, but I’ll take what I can get.
Wayfair’s main problem is that it has to spend — a lot — to stay fresh in consumers’ minds. The company directly competes with everyone from Amazon to Walmart … but it doesn’t have the same brand recognition.
In short, Wayfair’s revenue boost from online shopping amid the pandemic is eaten up by advertising costs.
I swear, I’m so tired of seeing Wayfair ads on Facebook. I can’t imagine how much this is costing the company … oh, wait, I can: negative margins.
The point is, Wayfair is nothing special. It offers products that you can find virtually everywhere else. The only reason it gets attention is because people can’t shop outside. As such, I fully expect Wayfair to see a sharp drop in sales once this lockdown is over. And that’s bad news for W shares.
Today’s Chart of the Week once again comes courtesy of Earnings Whispers on Twitter, with a whole lotta earnings season shakin’ goin’ on.
Hey, I can’t be the only one who gets excited about this kind of stuff. If you’ve never felt the brisk energizing action of corporate earnings, well, maybe you’re a more well-adjusted person than lil ol’ me.
Roughly 30% of the S&P 500 Index is set to report earnings this week, with more than a third of the Dow also spilling its beans. Not to mention, this week features the trillion-dollar tech titans face off. All eyes are on Amazon.com Inc. (Nasdaq: AMZN), a beacon of all online shopping supply chains, and Apple Inc. (Nasdaq: AAPL), bellwether of the “gotta get it now” crowd.
Google’s parent Alphabet already sowed doubts about its ad-dependent business slowing down. (And if you want to talk “we live and breathe ads,” why, Facebook Inc. (Nasdaq: FB) is just getting started … show me another Wayfair ad, I dare you, Zuckerberg!)
Here’s what else is kicking off this week:
AMD has yet another chance to upheave its consumer computer chip rival Intel.
Tesla Inc. (Nasdaq: TSLA) fanatics and traders alike will go ape-$#^! no matter what Elon Musk and co. end up reporting.
We hear from Spotify Technology S.A. (NYSE: SPOT), the streaming underdog and longtime Great Stuff Granted, I don’t think too many families are out there spending quarantine together around the radio. Guess I might as well huddle around to stream for Roosevelt’s fireside chats while I’m at it…
We get to see how much useless (or not-so-useless) stuff people have been buying on eBay.
It’s an all-airline affair with the best bailed-out buds, along with a look at how Boeing Co. (NYSE: BA) is holding up with the air industry’s collapse (plus, you know, its other production and PR debacles).
Finally, we round out the week with the Clorox Co. (NYSE: CLX) and Abbive Inc. (NYSE: ABBV) — two of Great Stuff’s stocks to beat the Wuhan virus … when we still called it that.
It’s sure to be a topsy-turvy week of earnings … but it’s not like you expected otherwise, right? Stick with Great Stuff and Banyan Hill, and we’ll help you dispel the earnings excellence from the hype and hogwash.
If you’re looking to venture out hunting for market bargains, just remember: You never have to go alone! Take a guide. They’re handy. They’ve been through choppy and unexpected markets before. And no matter what kind of earnings apocalypse we may be due for, you’ll want to keep your wits about you.
Click here now to find your guide.
That’s a wrap for today, but you can always catch us on social media: Facebook and Twitter. We hope you’re staying well out there!
Until next time, stay Great!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
goldira01 · 5 years ago
Link
A Quantum Leap
Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please.
Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request comes directly from the U.S. Department of Energy — you know, the guys that helped bring us the internet 60 years ago?
While Trump’s budget still has a long way to go — i.e., through a Democrat-controlled House of Representatives — even he knows that quantum computing is the future of technology as we know it.
And that future is exceedingly bright, especially for investors who get in early.
That’s great, Mr. Great Stuff, real great. More spending on technology while we fight a virus? You’re starting to sound like Bold Profits. So, what is this “quantum computing” … and why should I care?
Why should you care? Hmm … because if we had quantum computers right now, we may already have a cure or vaccine for COVID-19. How’s that, Mr. Doubting Mustafa?
So far, everything you’ve ever seen, written, read or interacted with on a computer or the internet is made up of ones and zeros at its core. Get enough of these ones and zeros together, and you can publish a free e-zine on BanyanHill.com and deliver it to thousands of people on the internet.
But quantum computing? Now that’s a horse of a different color.
Quantum computing will change everything we know about computers, the internet, smartphones, cybersecurity, artificial intelligence (AI), health care, virus management … and even the weather.
It’s a complex topic that deserves a much more in-depth explanation if you’re into future technology. Though, I know you’re itching to hear the market side of things. (Quantum profits? In my portfolio?!) Tech investors, listen up…
The Takeaway:
Essentially, quantum computing is the next leap forward in our digital evolution. President Trump knows this, and it’s why he’s pushing for millions in new funding.
Now, your question should be: How do I get in on the emerging quantum computing mega trend?
I’m glad you asked! The answer is a lot simpler than you might expect…
Right now, only a handful of tech companies have the financial wherewithal to dive into quantum computing research in a meaningful way. Here are three to get you started:
Alphabet Inc. (Nasdaq: GOOGL): The Google parent always has a lot of goofy pet projects in the works, but the company’s quantum computing project is no joke. Codenamed “Bristlecone,” Alphabet’s new quantum computing semiconductor has 72 quantum bits, or qubits. These are the building blocks of quantum chips, just like bits are for current chips. The company leads the arms race in quantum computing power.
IBM Corp. (NYSE: IBM): Good old “Big Blue” built one of the world’s first successful quantum computers. While that computer has since been overshadowed by Alphabet’s Bristlecone, IBM remains at the forefront of developing a “commercial available universal quantum computer for business and science” … at least, according to the company’s quantum research page. A breakthrough in quantum computing could be just what IBM needs to return to relevancy in the data center and AI markets.
Intel Corp. (Nasdaq: INTC): You didn’t think the world’s original semiconductor behemoth would be left out of the quantum computing revolution, did you? Intel is already rolling out quantum semiconductors. Unfortunately, all of those chips need to operate at temperatures near absolute zero. That’s one hell of a cooling system. However, Intel is reportedly close to creating a 128 qubit chip, which would put it well ahead of Alphabet in the quantum processing race.
I know that’s a lot to take in … especially with our brains on autopilot after being locked inside for the past month. So, let me make this easier for you:
If you want expert, cutting-edge stock research on everything from AI to quantum computing, click here now!
The Good: Shwedy Results
In what should surprise literally no one, IT security and services firm, Check Point Software Technologies Ltd. (Nasdaq: CHKP) beat earnings and revenue expectations this morning.
This stay-at-home market has been a boon for Check Point, with the company beating Wall Street’s first-quarter expectations by $0.04 per share. Revenue of $486.5 million also topped the consensus estimate.
“Despite the COVID-19 pandemic, we sustained elevated business activity levels and delivered results in the upper half of our guidance with strength coming from the Americas,” said CEO Gil Shwed.
But, while the prior quarter benefited greatly from the new work-at-home economy, Shwed warned that “it’s hard to predict what effect this changing environment will have on the future.”
I get it. The future is hard to predict, especially right now. But, as long as this lockdown stays in effect, Check Point will continue to benefit handsomely.
The Bad: No Meat for You
“Stock rally + food service exposure + increased retail competition = downside risk,” says UBS analyst Steven Strycula. And you thought you were done with math today!
Strycula’s “new math” is in reference to Beyond Meat Inc. (Nasdaq: BYND). And, after BYND’s recent 100% surge, the UBS analyst believes now is the time to ditch BYND stock. He cut BYND from hold to sell and slashed his price target from $90 to $73.
In short, Strycula’s reasoning is that Beyond Meat has relied on restaurant deals to boost its bottom line. With practically every restaurant in the U.S. shut down, Beyond Meat will take a hit to its bottom line.
I admit that UBS has a point over the short term at least. Over the long term, however, the COVID-19 pandemic has the potential to change the eating habits of millions. As Great Stuff reported on Friday, CFRA Research told clients: “Most infectious disease outbreaks are transmitted from animals to humans.”
Furthermore, meat processing is shutting down around the world. You already know that China struggles with pork production. Now, we have Tyson Foods Inc. (NYSE: TSN) shutting down processing plants due to the virus.
These stories are clearly a short-term boost for BYND, driving investor sentiment more than the company’s bottom line. So, UBS isn’t wrong … for now. But the problems surrounding meat production amid COVID-19 give insight into Beyond Meat’s future. And that future is trending in the meatless wonder’s favor.
The Ugly: Way(Above)Fair Value
Remember when Wayfair Inc. (NYSE: W) reported a wider-than-expected quarterly loss, issued guidance far below expectations with negative quarterly margins?
Yeah, neither does Wall Street.
Wayfair stock has gone on a 400% bender since its Ides of March lows. But someone on Wall Street finally came to their senses.
Stifel analyst Scott Devitt responded to Wayfair’s insanity by downgrading the stock from buy to hold. According to Devitt, the stock passed his price target of $115 last week, and it’s time for a break.
Well … it’s not a resounding rebuke of the stock’s 400% surge, but I’ll take what I can get.
Wayfair’s main problem is that it has to spend — a lot — to stay fresh in consumers’ minds. The company directly competes with everyone from Amazon to Walmart … but it doesn’t have the same brand recognition.
In short, Wayfair’s revenue boost from online shopping amid the pandemic is eaten up by advertising costs.
I swear, I’m so tired of seeing Wayfair ads on Facebook. I can’t imagine how much this is costing the company … oh, wait, I can: negative margins.
The point is, Wayfair is nothing special. It offers products that you can find virtually everywhere else. The only reason it gets attention is because people can’t shop outside. As such, I fully expect Wayfair to see a sharp drop in sales once this lockdown is over. And that’s bad news for W shares.
Today’s Chart of the Week once again comes courtesy of Earnings Whispers on Twitter, with a whole lotta earnings season shakin’ goin’ on.
Hey, I can’t be the only one who gets excited about this kind of stuff. If you’ve never felt the brisk energizing action of corporate earnings, well, maybe you’re a more well-adjusted person than lil ol’ me.
Roughly 30% of the S&P 500 Index is set to report earnings this week, with more than a third of the Dow also spilling its beans. Not to mention, this week features the trillion-dollar tech titans face off. All eyes are on Amazon.com Inc. (Nasdaq: AMZN), a beacon of all online shopping supply chains, and Apple Inc. (Nasdaq: AAPL), bellwether of the “gotta get it now” crowd.
Google’s parent Alphabet already sowed doubts about its ad-dependent business slowing down. (And if you want to talk “we live and breathe ads,” why, Facebook Inc. (Nasdaq: FB) is just getting started … show me another Wayfair ad, I dare you, Zuckerberg!)
Here’s what else is kicking off this week:
AMD has yet another chance to upheave its consumer computer chip rival Intel.
Tesla Inc. (Nasdaq: TSLA) fanatics and traders alike will go ape-$#^! no matter what Elon Musk and co. end up reporting.
We hear from Spotify Technology S.A. (NYSE: SPOT), the streaming underdog and longtime Great Stuff Granted, I don’t think too many families are out there spending quarantine together around the radio. Guess I might as well huddle around to stream for Roosevelt’s fireside chats while I’m at it…
We get to see how much useless (or not-so-useless) stuff people have been buying on eBay.
It’s an all-airline affair with the best bailed-out buds, along with a look at how Boeing Co. (NYSE: BA) is holding up with the air industry’s collapse (plus, you know, its other production and PR debacles).
Finally, we round out the week with the Clorox Co. (NYSE: CLX) and Abbive Inc. (NYSE: ABBV) — two of Great Stuff’s stocks to beat the Wuhan virus … when we still called it that.
It’s sure to be a topsy-turvy week of earnings … but it’s not like you expected otherwise, right? Stick with Great Stuff and Banyan Hill, and we’ll help you dispel the earnings excellence from the hype and hogwash.
If you’re looking to venture out hunting for market bargains, just remember: You never have to go alone! Take a guide. They’re handy. They’ve been through choppy and unexpected markets before. And no matter what kind of earnings apocalypse we may be due for, you’ll want to keep your wits about you.
Click here now to find your guide.
That’s a wrap for today, but you can always catch us on social media: Facebook and Twitter. We hope you’re staying well out there!
Until next time, stay Great!
Regards,
Joseph Hargett
Editor, Great Stuff
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