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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: DinoNavarre who wrote (10124)1/4/2023 3:21:59 AM
From: elmatador  Respond to of 13366
 
Gravity pulls apples down
Apple stock slide pulls market cap below $2tn

Apple’s market value has lost $1tn in the past 12 months, after its shares slipped more than 3.5 per cent on Tuesday as investors continue to worry about disruptions to its manufacturing operations in China.

Patrick McGee in San Francisco



© APApple’s market value has lost $1tn in the past 12 months, after its shares slipped more than 3.5 per cent on Tuesday as investors continue to worry about disruptions to its manufacturing operations in China.

The iPhone maker’s valuation fell below $2tn in early trading, a stark reversal from the first trading day of 2022 when it became the only company ever to reach a $3tn valuation.

Apple has still performed better than its peers, losing 29 per cent last year, versus a 33 per cent loss for the tech-heavy Nasdaq 100 index.

Its staggering dollar value loss in 12 months reflects wider risk averse sentiment across the market as investors deal with a looming recession, persistently high inflation, and an abrupt reversal in global monetary policy following years of unprecedentedly low interest rates.

The iPhone maker’s actual business has performed remarkably well amid three years of the global pandemic: Apple has reported 14 consecutive quarters of growth and in the 12 months to September it posted a record $394bn of revenue and nearly $100bn in net profit.

According to Counterpoint Research, Apple shipped 14 per cent of all smartphones, globally, in the first nine months of the year, but it accounted for 43 per cent of all revenues and 82 per cent of all profits — its highest profit share since 2015.



To: DinoNavarre who wrote (10124)1/11/2023 5:51:58 AM
From: elmatador1 Recommendation

Recommended By
Cogito Ergo Sum

  Respond to of 13366
 
The Green thing an Progress Rail, a Caterpillar company
Progress Rail Offering Diesel-Battery-Electric Hybrids
Written by Marybeth Luczak, Executive Editor

Progress Rail, a Caterpillar company, will provide two GT38H intermediate-power locomotives to Rumo in Brazil for regional freight service trials. (Photograph Courtesy of Progress Rail)

Progress Rail is now supplying diesel-battery-electric locomotives, with Rumo in Brazil taking delivery of the first hybrid units this year, the manufacturer reported on Sept. 20.

The new locomotives “use modular architecture to remain flexible to future fuels, retain the capability of their diesel counterparts, and are capable of both regenerative and external-battery charging,” said Progress Rail, a Caterpillar company.

The manufacturer will deliver two GT38H intermediate-power locomotives to Rumo for use in regional freight service trials. Rumo offers logistic services for rail transportation, port elevation and warehousing, and owns and operates an asset base that includes a rail network comprising five concessions with approximately 8,889 miles (13,500 kilometers) of lines, 1,200 locomotives and 33,000 railcars. It operates in the states of Mato Grosso and São Paulo and the states of southern Brazil, where four of the country’s most active ports are located and through which most grain production in Brazil is exported.

“These hybrid units will provide fuel and emissions reductions with lower upfront investment for our valued customers like Rumo,” Progress Rail President and CEO Marty Haycraft said. “We are pleased to support our customers with solutions that help them reach their sustainability goals.”

“Sustainability guides all our actions at Rumo, so the relationship with Progress Rail is very important to us and has the purpose to bring the best solution to our operations,” Rumo Rolling Stock Director Marcus Jorge said. “With the positive result of the tests, we will be able to increase the number of hybrid locomotives. In addition to their environmental impact, they will add more comfort to our machinists and increase safety in our rail network.”

In related developments, Caterpillar Inc. on Aug. 31 marked the 100th anniversary of EMD®; founded as Electro-Motive Engineering Corporation, EMD is now a product brand of Progress Rail.



To: DinoNavarre who wrote (10124)1/25/2023 6:17:11 AM
From: elmatador1 Recommendation

Recommended By
pak73

  Respond to of 13366
 
BREAKING: The Biggest Corporate Fraud In History? The World's Third Richest Man, Gautam Adani's Adani Group Plunges After Short Seller Hindenburg Alleges Fraud ??

Gautam Adani has amassed a net worth of $120 billion, adding over $100 billion in just the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period.

Who is Hinderburg?
They are an investment research firm that is a very reputable short-seller. They have called out companies such as Nikola Motor Company, Lordstown Motors Corporation, Clover Health, Kandi and Tecnoglass among others.

Hinderburg has revealed the findings of a 2-year investigation, that presents evidence that the $218 billion Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.

“Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis, owing to sky-high valuations.”

These are pretty big claims and shares have dropped hard on this report, let's see how this develops.

Scathing.


https://www.linkedin.com/posts/activity-7023957944639610880-niTh?utm_source=share&utm_medium=member_desktop



To: DinoNavarre who wrote (10124)1/31/2023 12:38:08 AM
From: elmatador  Respond to of 13366
 
Prepare for Big Tech's Next 5 Years
They will divest assets to help these companies streamline their operations, reduce costs, and improve their financial performance. Submarine cables and datacenters will be sold to private equity.
The same way mobile operators sold their towers and their datacenters. Brookfield Asset Management BlackRock KKR among others and, last but not the least, the Gulf sovereign wealth funds flush with oil revenues.


I am doing McKinsey & Company job here



To: DinoNavarre who wrote (10124)2/17/2023 2:53:27 AM
From: elmatador1 Recommendation

Recommended By
pak73

  Respond to of 13366
 
IPOS on US exchanges by energy groups. It is rebounding

Investor held on because of the scare tactics of the environmentalist-ESG crowds. Not anymore. And this is good. Very good.



ft.com