I think #Amazon‘s stock price can trade down to $122 within the year 2025.
Whether it occurs in 2025 is inconsequential.
It’s a larger concern to those buying the stock at any of these lofty levels.
It’s certainly an uncrowded thought and trade.
Should #AMZN‘s sport a market capitalisation which is $1 trillion less than today, I’m thinking of where the money goes to from the selling proceeds during its decline?
I’ve watched his various media interviews and listened to Intel quarterly earnings calls. Tone and posture has changed over the past 2 years and not for the better.
Coupled with Intel’s woeful stock performance since his appointment as CEO in February 2021, using the word’s “A.I.” and “Data Centres” can only do so much for the stock price.
Intel had 5 rounds of job cuts in 2023.
It just won $8.5 billion in U.S. Federal subsidies from the $52 billion CHIPS Act Congress passed last year and was promised to receive $11 billion in loans.
Regarding the funds available within the CHIPS Act, CEO Pat Gelsinger said he is counting on additional federal funding this year for defense-related semiconductor projects. And he said he hopes for a second CHIPS Act to reverse the long erosion of domestic technology manufacturing.
“We’ll need at least a CHIPS 2 to finish that job,” Gelsinger said.
What is the big deal with the Chinese government’s recent directives stymying technology or education firms?
During the 2010’s, the U.S. Department of Education either forced the closure or change of ownership, sued or ended accreditation or recognition of ‘education providers’ such as DeVry Education Group (now Adtalem Global Education), ITT Educational Services, Corinthian Colleges and Apollo Education (which was taken private at $10 per share, compared to its high of $89/share in 2009).
For example, then Californian attorney-general, Kamala Harris led the charge in suing Corinthian (leading to their demise in 2016 when she won her judgement) for predatory practices of mounting and leaving students in crippling debt……much like China’s concerns today.
In addition, didn’t the U.S. government force the break-up of AT&T and Microsoft?
And I wonder……aren’t Google, Facebook, Microsoft, Apple etc, some type of pseudo-government agencies ?
or at least, at their behest or influence?
Between all the congressional hearings and testimonies and the ‘cloud’ of anti-trust undertakings, a little perspective is required to the current Chinese news.
After all, it is not a far-fetched idea that Amazon is forced to ‘spin-off’ its AWS division.
The hypocrisy of western governments doesn’t seemed to be recognised by their own selves. They apply a host of restrictions, rules and bans too.
Perhaps China is entering its own Progressive Era and the U.S. may have its own 2.0 version?
rob zdravevski's blog 