Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting ...
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Here’s what Tracy’s thinking about... In the years following the pandemic, “ price over volume ” became a defining corporate strategy in America, with companies facing supply shortages and unpredictable demand learning that they could protect their margins by raising prices rather than chasing sales volumes. Now, price over volume is kind of going global in the context of trade. In a new report , the Kiel Institute for the World Economy looks at shipment-level data to track the impact of the Trump administration’s tariffs on prices. The report shows that foreign firms are exporting less to the US but keeping their prices the same: “Exporters are not cutting prices to maintain sales; instead, they are accepting reduced market share in the United States while maintaining their profit margins .” India is an instructive example here. According to Kiel, India’s exports to the US fell about 18-24% compared to other destinations after the Trump administration raised the tariff rate back in August . “Indian exporters responded to US tariffs by shipping less, not by cutting prices. They adjusted on the quantity margin, not the price margin,” the researchers say. So far, US inflation hasn’t really increased in lockstep with the new tariffs, suggesting that America’s importers have been eating most of the cost increase themselves. In fact, the Kiel study finds they’ve basically been eating it all , with 96% of the tariff increases passed on to US importers. The big macro qu...
Investing.com -- Apple Inc. (NASDAQ:AAPL) stock spiked as much as 1.6% Wednesday afternoon following a Bloomberg News report that the company plans to transform Siri into a built-in chatbot, marking its entry into the generative AI race currently led by OpenAI and Google.
Investing.com -- Apple Inc. (NASDAQ:AAPL) stock spiked as much as 1.6% Wednesday afternoon following a Bloomberg News report that the company plans to transform Siri into a built-in chatbot, marking its entry into the generative AI race currently led by OpenAI and Google.
Why spend a fortune on expensive stocks when there are still tons of bargain buys available in the market? The key thing is to focus on stocks that have low valuations and promising growth prospects. Buying these types of stocks today and just hanging on could lead to terrific returns down the road. While price is not the same as value, a couple of stocks that trade at less than $100 right now tha...
Why spend a fortune on expensive stocks when there are still tons of bargain buys available in the market? The key thing is to focus on stocks that have low valuations and promising growth prospects. Buying these types of stocks today and just hanging on could lead to terrific returns down the road. While price is not the same as value, a couple of stocks that trade at less than $100 right now that could make for underrated buys are Viking Therapeutics (NASDAQ: VKTX) and PayPal (NASDAQ: PYPL) . Here's what you need to know about these stocks, and why they're worth buying today. Image source: Getty Images. Continue reading
Shares of AST SpaceMobile (NASDAQ: ASTS) were moving lower today as the maker of broadband-enabling satellites faced new deep-pocketed competition. Blue Origin, Jeff Bezos's space company, announced its own satellite communications network called TeraWave. Both AST SpaceMobile and rival EchoStar fell on the news. As of 2:25 p.m. ET, the stock was down 13.4%. Image source: Getty Images. Continue re...
Shares of AST SpaceMobile (NASDAQ: ASTS) were moving lower today as the maker of broadband-enabling satellites faced new deep-pocketed competition. Blue Origin, Jeff Bezos's space company, announced its own satellite communications network called TeraWave. Both AST SpaceMobile and rival EchoStar fell on the news. As of 2:25 p.m. ET, the stock was down 13.4%. Image source: Getty Images. Continue reading