28 October Watchlist ๐Ÿ‘€

ย 

Today we are watching…

1.ย  General Motors (#gm)

In 40 days, General Motors lost more than $2 billion as over 40,000 employees went on strike. Electrification has rapidly changed the auto industry, and staff are feeling uneasy about job security. At last, however, this nightmare for GM is over. The firm has agreed to a new four-year contract with the United Auto Workers (UAW) union, which at the cost of a โ€œstronger wage and benefit package,โ€ puts most employees back to work as early as Saturday! The stock rose almost 3% after-hours on this news, but now itโ€™s Fordโ€™s turn to feel the pain. The union is on the warpath to all every Detroit automaker. The picket line roadshow goes on. Are you investing in auto companies? Watch your back!

2. Alphabet (#googl)

Googleโ€™s earnings never fail to surprise. After releasing first quarter results, its stock sank 7% as ad revenue failed to hit analystโ€™s expectations. A quarter later, however, the slenderest of earnings beats saw an 11% break out. For another good day today, Alphabet will need to gather all the ad revenue it can muster to overcome $12.57 profit per share demands on $32 billion in sales. Thatโ€™s serious money, and the companyโ€™s โ€˜TACโ€™ costs are in full-focus. The company pays $7.2 billion every year to be the default search engine on independent sites and apps. Investors see that as a rising cost, not a growing investment!ย ย 

Share:
More Posts
The New Chip ๐Ÿ’ป

AMD has unveiled an AI-focused graphics processor, aiming to challenge Nvidia’s dominance.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.