Month: March 2024

McDonald’s: Focus On The Big Picture

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🍔 🍔 McDonald’s plans to open over 1.6K restaurants globally in FY2024 and a total of 50K restaurants by 2027

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This Semiconductor Stock Has 61% Upside

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🧠 🧠 Strategy: Citigroup sees this semiconductor stock surging 61% from current levels due to its increasing AI exposure

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Get Ready For Nvidia’s B100 Chip

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🇺🇸 🇺🇸 We expect Nvidia’s new B100 chip [blackwell] will be a very significant step up in performance specs versus the current H100

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Investors Buy $1.425B Of Apple Shares

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🇺🇸 🇺🇸 Investors Bought $1.425B Of Apple Shares This Week: Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China

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Reddit Probed By FTC

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🧠 🧠 In an updated IPO prospectus on Friday, Reddit said it’s being probed by the FTC for its data-licensing practices related to the training of AI systems

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Meta Under Federal Probe

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🇺🇸 🇺🇸 We Love News Like This: Federal officials have launched a probe into Meta Platforms over concerns that the company’s social media platforms are benefiting from the illegal sale of drugs, The Wall Street Journal reported Saturday

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India Elections On April 19

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🇮🇳 🇮🇳 BREAKING: India will hold general elections over six weeks from April 19, with Prime Minister Narendra Modi bidding for a third term in office, buoyed by a strong economy and support from his Hindu base

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China Is Investing Big In Indonesia

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🇮🇩 🇨🇳 These days, China is one of Indonesia’s top investors, pouring more than $7 billion into its regional neighbor last year alone. Much of that cash is helping build out Indonesia’s commodity-processing capacity so it can export something other than raw materials

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Hapag-Lloyd: Outlook Has Changed

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🚢 🛳️ Rolf Habben Jansen, CEO of Hapag-Lloyd, the world’s fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. Conversations with clients and other logistics companies have led the shipping CEO to a more optimistic view on demand in the second half of the year
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Utilities: AI + Hydrogen = Profit

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💨 ⚡️Strategy: The utilities sector is living in the shadows of mega-cap tech, but a power player name is emerging — and it’s toting year-to-date gains of more than 40%

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