It is the 16th of October 2017

News

"Wind, Solar, 3D Printers": A Decade Of "Disruption" In One Chart

While "disruption" may sound like a pervasive buzzword cliche that has ubiquitously, and hopelessly penetrated investor jargon in recent years, the reality is that there is nothing new today that wasn't just as annoying innovative over a decade ago, only instead of batteries and LEDs, the two categories now seen as most "disruptive" (another word for deflationary) , it was Wind, Solar, 3D printers and various other fads, as the following chart from Goldman summarizes:

Read More

Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to be getting worse with each passing quarter.

Read More

Six-Figure Pensions For University Of California Teachers Surge 60% Since 2012

Back in January 2017, the University of California system of schools approved their first in-state tuition hike in six years.  And while one might hope that the extra millions of dollars raised as a result of those hikes would go toward a better education for students, in reality, a large chuck will go to fund the exorbitant pensions of retired teachers. 

Read More

Fedex Tumbles After Missing Revenue, EPS, Guiding Lower; Blames Hackers, Harvey

The earnings season is starting off on the back foot for global trade as moments ago, the company considered the world's logistics bellwether, Fedex, reported revenue and earnings that both missed badly.

Read More

Featured Apps

Free Money