1) Tesla $TSLA Going To $4,000? Ark Invest's Cathie Wood
CNBC.com video above published Apr 29, 2019. Tesla stock price: NASDAQ: TSLA. See also: Tesla Announces $2 Billion Stock, Bond Offering--zerohedge.com
Big Ideas 2019: Introduction from CEO/ CIO Cathie Wood | ARK InvestFinally, after discovering that $TSLA has collected 10 billion miles of driving data, compared to $GOOG’s 15 million miles, well what more is there to say about an AI project?— Cathie Wood (@CathieDWood) April 30, 2019
ARK Invest video above published Mar 4, 2019: DNA Sequencing, Robotics, Energy Storage, Artificial Intelligence, Blockchain Tech. The full Big Ideas 2019 video here.
- Domain: ark-invest.com (Disclosure)
- Catherine Wood, ARK Invest CEO
- Firm Profile: FinTech company and Investment Advisor focused solely on Disruptive Innovation.
- Twitter: @ARKInvest and @CathieDWood
#ARKDisrupt | Issue #170 is live! This week we cover #Tesla's autonomy day, #Venmo, #crypto exchanges, nanopore sequencers and more. Check it out: https://t.co/zdx5Y1eQZL pic.twitter.com/falkevABIj— ARK Invest (@ARKInvest) April 29, 2019
2) Global Data Creation To Explode
The Week: NASDAQ Composite +0.2% | S&P 500 Index +0.2% | DJIA -0.1%
2019 Berkshire Hathaway Annual Shareholders Meeting (pdf) with Warren Buffett and Charlie Munger, Saturday, May 4, 2019, All Times Shown are CDT (Omaha):
Saturday, May 4, Annual Meeting, Doors Open 7:00am; Company movie 8:30am;Chairman and CEO Warren Buffett and his right-hand man Charlie Munger share their unscripted views on the company, the markets, the economy, corporate governance, and more. LIVE video on Yahoo Finance. Note also berkshirehathaway.com and Buffett says Berkshire Hathaway has invested in Amazon.com, Inc., according to a report at CNBC.com.
Q&A 9:15am – 3:30pm; business meeting 3:45 – 4:30pm (approximation)
Investor Notes: Investors and bankers at the annual Milken Institute Global Conference in Beverly Hills this week said they are doubling down on investments in the U.S., while expressing significant worries about what is happening in Europe from Brexit to France’s “yellow vest” protests. See Chaos Erupts In Paris As "Armageddon" Protesters Riot and Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth--“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years--wolfstreet.com. Editor's note: no wonder Spain just elected a Socialist government.
- True Believer Mike Novogratz's Crypto Firm Lost A Staggering $273 Million In 2018.
- "Best Start Since 2007": Here Are The Best And Worst Performing Assets In April And YTD
- Chicago's High Frequency Trading War Rages--Another Microwave Tower Pops Up.
- The Decline Of India?--zerohedge.com: Every party is operating on a single economic policy: Who will offer the most goodies if elected.
4) ICYMI Tech News:
Amazon's digital freight brokerage platform goes live--freight.amazon.com. See also A "Nightmare Come True"--Amazon Launches Freight Brokerage, Slashes Prices By 30%--zerohedge.com.
Alphabet (Google) loses $80 billion in market cap after revenue miss (video)--Q1 2019 results raise “more questions than answers”, with continued lack of transparency “troubling” to investors.
Microsoft is a BUY say '2 asset pricing anomalies'--seekingalpha.com.
5G: the future of 5G wireless technology holds the promise of total connectivity, but also will be susceptible to cyberattacks and surveillance--newyorker.com.
WeWork a/k/a the "We Company" IPO? "A person close to the company reportedly told Axios.com that it could become the second most-shorted stock, behind Tesla."
US Supreme Court asks DOJ to weigh in on Google-Oracle case--TheHill.com
China: How the boom in unicorn bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes.
The universe is expanding faster than we thought, and no one knows why--explaining the discrepancy between what was happening 13 billion years ago and now "may require new physics"--cnet.com.
Personal Tech: Mobile switch: "How I canceled Verizon and cut my phone bill in half"..."After I made the last payment on a two-year Verizon device contract, I decided to take a closer look at my mobile bill. To my surprise, I discovered I was overpaying dramatically." Editor's note: in the U.S. there are "low switching costs" in changing mobile wireless carriers, thanks to government regulation.
Also note: new Google smartphones Pixel 3a (5.6-inch display), and 3a XL (6-inch display) rumored to launch May 7 (Google I/O?).. Both will have 4GB of memory, a Snapdragon 670 processor, a 12-megapixel rear camera, an 8-megapixel selfie camera, and 64GB of storage. Pricing is also rumored to start at $500 for the smaller of the two phones which is still too high, in my opinion, but do the phones have NFC and band 71? If the answer is "No," the phones are a non-starter for me.
-- John Poole, Editor, Domain Mondo
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