NEW -> Contingent Buyer Assistance Program
But also, very bullish on Waymo. Their product is incredible, and they are very much part of Google and leveraging the largest computer cluster and network in the world.
ThirtySomethingWEquity
Active member
need my grants to pop, come on GOOG, to the MOOON!!!
But also, very bullish on Waymo. Their product is incredible, and they are very much part of Google and leveraging the largest computer cluster and network in the world.
I’d be more excited about Wiz. Google is my largest customer and Wiz is the absolute best product in cybersecurity.
GrowthStateofMind
Active member
Better than Crowdstrike, Datadog, Palo Alto Networks?
ThirtySomethingWEquity
Active member
Can't get hacked if your systems aren't up
Stocks getting hammered due to the tariffs. Every stock I own--and I own quite a few--are down today, except for 2. 1 is a foreign stock, and the other is COSTCO, which on the surface would seem to be impacted by the tariffs more than most. Go figure.
Got in on NVDA and added to META and GOOGLE today. Will the supports hold? Maybe not...
Got in on NVDA and added to META and GOOGLE today. Will the supports hold? Maybe not...
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CalBears96
Well-known member
Costco is less impacted than Walmart and Target because most of its revenue comes from membership fees.
Revenue? No. People like to say that costco gets its profit from membership fees, but that's just how the numbers happen to size up. They're still subject to the same laws of economic physics as anyone else. If COGS goes up, profit goes down, all else being equal. They'll have to push their suppliers to reduce costs, increase their prices, and/or increase membership fees...assuming they have the power to do so. If not, then profits will drop.
qwerty
Well-known member
For Costcos la
For Costco’s latest fiscal year, they had revenue of $255B of which membership fees were 4.8B. However, their operating income was only 9.3B, so the majority of their profits do come from membership fees
CalBears96
Well-known member
My bad. I meant profit.
GrowthStateofMind
Active member
momopi
Well-known member
Let's see...
Bought META @ $500
Bought NVDA @ 99
My AMZN and GOOGL limit orders didn't hit today, will see what happens.
As for Costco, although a recession would reduce consumer spending, their business model and target demographics makes them somewhat more recession proof.
People who live paycheck to paycheck are more likely to shop at family dollar, dollar tree, & Walmart because they can't afford to buy in bulk (or have large enough homes to store bulk items). This is why you don't see old beat-up cars in Costco parking lot. But just because their customers have higher income, doesn't mean that they don't watch their purse strings - and that's where Costco comes in.
Bought META @ $500
Bought NVDA @ 99
My AMZN and GOOGL limit orders didn't hit today, will see what happens.
As for Costco, although a recession would reduce consumer spending, their business model and target demographics makes them somewhat more recession proof.
People who live paycheck to paycheck are more likely to shop at family dollar, dollar tree, & Walmart because they can't afford to buy in bulk (or have large enough homes to store bulk items). This is why you don't see old beat-up cars in Costco parking lot. But just because their customers have higher income, doesn't mean that they don't watch their purse strings - and that's where Costco comes in.
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morekaos
Well-known member
You will not regret…bulls make money…bears make money….sheep get slaughtered
You got your wish!i’d like to see another 2 to 3000 points loped off the Dow before we consider this to be a legitimate correction.
morekaos
Well-known member
I usually do
qwerty
Well-known member
Another bad day tomorrow for the market. Nasdaq already is in bear territory, the S&P 500 of the futures hold will close in a bear market tomorrow and the Dow will be close to bear territory.
I’ve been waiting for this kind of drop for like a year so will probably begin deploying cash into SPY/SSO.
Although there probably will be more pain once Europe announces their retaliation.
I’ve been waiting for this kind of drop for like a year so will probably begin deploying cash into SPY/SSO.
Although there probably will be more pain once Europe announces their retaliation.