Lululemon Is A Dog, No Matter Who Runs It
When there is a fight over control of a public company, one would hope the winner would drive change and, with it, raise the stock price. That has not worked at Lululemon. The real…
All Work
Douglas A. McIntyre
Want To Buy A House? Iran Is Making US Mortgage Rates Rise
If you plan to buy a house, you may want to hurry. A 30-year fixed-rate mortgage will cost you. The rate on these is 6.46%. They were 6.32% a month ago. What happened? Iran.…
SpaceX To Go Public June 12, As Speculation Rises
Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will try to raise $80 billion at a valuation north of $1.75 tillion.…
Apple iPhone Sales Appear Unstoppable
CounterPoint, the well-regarded electronics research firm, shows that, study after study, in China, the US, and globally, sales of the iPhone continue to outpace those of all competitors. The most recent data comes from…
Anthropic Valuation Is Key For Alphabet
Anthropic’s valuation is nearing $1 trillion, an astonishing figure for a private company. The FT reports that it will raise $30 billion at a valuation of $900 billion. Less than a year ago, it…
Richest Family In The World Just Got Richer
The rich get richer in two ways. One way is the way Elon Musk and Warren Buffett did. They earned it themselves. The other way is inheritance (it’s based on luck). The richest family…
AI Causes Another 4,000 Layoffs
Cisco (NASDAQ: CSCO | CSCO Price Prediction), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI.…
Apple’s CEO Cook Made 533 Times More Than Workers
The SEC requires companies to disclose the ratio of CEO pay to the median worker pay. According to the Apple (NASDAQ: AAPL | AAPL Price Prediction) proxy, “2025 annual total compensation of our CEO…
You May Not Be Able To Travel This Summer, At All
It's called a "staycation," and you may be stuck with one. You won't be alone. According to AAA, roughly 61.6 million people traveled by car more than 50 miles from home over the 2025…
Could A Grok Disaster Threaten The SpaceX Valuation?
It depends on how you measure the use for both AI downloads and enterprise adoption. Grok is being demolished by the competition. A look at Apple’s App Store shows that OpenAI’s ChatGPT is the…
McDonald’s CEO Makes Stunning 1,000 Times More Than Workers
The SEC requires companies to show the relationship between the CEO’s pay and the median pay of the company’s workers. For McDonald’s (NYSE MCD | MCD Price Prediction), that figure is 1,082 to 1,…
Netflix Comeback Didn’t Happen
Once Netflix (NASDAQ: NFLX | NFLX Price Prediction) dropped out of the race for Warner Bros. Discovery, it was supposed to bounce back. Most investors in the company could not see why Netflix would…
Alphabet Could Pass Nvidia As World’s Most Valuable Company
NVIDIA (NASDAQ: NVDA | NVDA Price Prediction) could lose its crown as the world’s most valuable company. Alphabet’s (NASDAQ: GOOG) market cap sits at over $4.8 trillion. NVIDIA’s is $5.2 trillion trillion. However, Nvidia’s…
AI Job Destruction Accelerates
Earnings calls have become increasingly outlets for CEOs to say they need fewer people because of AI. Or, they may need fewer people, but are not sure. Or, their AI will make the people…
Amazon Starts To Run Low On Cash
The question is not whether Amazon (NASDAQ: AMZN | AMZN Price Prediction) will run low on cash. The question is how low. Some of the other mega-cap tech companies have similar problems, but only…
Investors Should Dump Snap Stock As Fast As They Can
Snap (NASDAQ: SNAP | SNAP Price Prediction), owner of Snapchat, just posted another trainwreck of a quarter. The stock is down almost 35% this year, 29% over the last year, and 89% over the…
April Job Cuts Surge 38% On AI Downsizing
According to the job research firm Challenger, Gray & Christmas, job cuts rose 38% in April compared to March. Much of this was blamed on AI-driven layoffs. The April number reached 83,387. The number…
Ford Exits EVs As Toyota Move In
Ford (NYSE: F) left the EV business for dead earlier this year. It does appear it will enter again, on a small scale, next year. At the same time, Toyota (NYSE: TM), which sells…
Lucid Shares Ruined By New CEO
Lucid (NASDAQ: LCID | LCID Price Prediction) has had enough trouble selling vehicles and explaining billion-dollar losses. Its new CEO made Wall St.’s perception of Lucid’s prospects even worse. He said he needs to…
Apple Hammers The Competition
The gold standard of smartphone industry research is CounterPoint. It recently released its report on global first-quarter sales. One point is that the top 10 brands accounted for 25% of the market. The real…