Daily Recap
Added 2021-07-10 16:18:00 +0000 UTCHey Patreons, I want to start circulating a daily update with a few words about interesting news from the stock market. LMK below if that sort of thing would be interesting.
Consider this episode #1:
China blocks Tencent’s $5.3 billion video games merger - China's antitrust regulator officially blocked Huya's planned purchase of DouYu. Tencent is Huya's biggest holder and it also owns a third of DouYu. This is not a shocking decision, as most analysts predicted this merger will not be approved. However, Its a crazy world when China leads the way in fighting monopolies while the US anti-trust authorities are pretty much non existent.
G-20 signs off on tax crackdown but forgets the most important country. The new plan is intended to stop companies shifting profits to low-tax havens. The agreement would establish a global minimum corporate tax of at least 15%. This move is mainly aimed at companies like Amazon and Google that utlize Ireland for their HQ in order to benefits from its lower corporate tax, but the funny thing is that the only country that did not agree to join this initiative is Ireland, so this is basically like saying the operation was a success but the patient passed away...
Elon Musk goes to court Monday to defend $2.6 billion SolarCity acquisition. Some of the current shareholders of Tesla, believe it or not, have sued Musk alleging that this deal somehow enriched Musk and his family more than it did Tesla, among other things. The other board members named in the suit already settled with the shareholders for $60 million, while Elon was the only defendant who chose to take the fight to court. Get your popcorn ready!
Comments
Your Daily updates are interesting 💯
Steven Canela
2021-07-18 14:59:59 +0000 UTCYes--great info!
Greg B
2021-07-12 17:37:34 +0000 UTCgreat stuff
mclovin
2021-07-11 12:25:07 +0000 UTCLove the format Tom ❤️
Grzegorz Nowotarski
2021-07-11 09:37:17 +0000 UTCWhat, no shocking headline causing panic and fear? Thanks :-)
Tom Deschenes
2021-07-11 00:04:24 +0000 UTCHmm it's crazy how the rich know all these loopholes. It pays to pay someone who knows a thing or two about corporate law
Keith Cherilus
2021-07-10 19:05:32 +0000 UTCNice. Uncensored daily News.
Michael Lake
2021-07-10 18:22:03 +0000 UTCGood for Elon.... fuck settling if you're not guilty.
Not Financial Advice
2021-07-10 18:05:58 +0000 UTCThe Wells Fargo credit line cancelations gives me a 2008-ish funny feeling. Am I the only one ?
Savu Silviu Corneliu
2021-07-10 18:00:45 +0000 UTCI think this was great Tom. This is info I wouldn't have come across. I like how you highlights companies affected by the news too.
Zachary Vrobel
2021-07-10 17:56:15 +0000 UTCgreat initiatives, would love a broader market look, a weekly if you may on where do youbthe market is heading and strategies tobtackle it like the inflation proof list
eitanshushu
2021-07-10 17:26:47 +0000 UTCThanks Tom!
achilleus
2021-07-10 17:23:17 +0000 UTCHell yeah ... nice bulletin format!
Pavel Lechev
2021-07-10 17:11:10 +0000 UTCThanks for all your great content! The daily recaps like this would be great. I know publishing a video is more time/work, but I do enjoy that format more as I can listen to that in the car, while doing other errands, etc.
Jeremy
2021-07-10 16:57:18 +0000 UTCGreat work Tom!
Bronwyn Ellis
2021-07-10 16:50:47 +0000 UTCHi Tom! I’ve been closely following you for over a month and you have a really nice way of communicating financial jargon and separating fud from actual news so I think daily or even weekly stock market bites like these would be cool, whatever you’re easily able to manage. All the best and looking forward to such updates!
Ali
2021-07-10 16:36:37 +0000 UTCwe want this
XIAO FENG LEE
2021-07-10 16:35:21 +0000 UTCYes, love the update idea thanks Tom
Horsegal33
2021-07-10 16:32:03 +0000 UTCopportunity to load more
XIAO FENG LEE
2021-07-10 16:29:32 +0000 UTCI'm starting to worry about Tesla. Elon is deranged which is fine but I think its starting to catch up with him and the world at large doesn't see him as the messiah it used to and people are turning on him. Will the negative sentiment and all the drama that keeps popping up around Elon and Tesla hurt the stock price as time goes on?
Natalie Davis
2021-07-10 16:28:43 +0000 UTCThis is great keep up the work! Your comment “It’s like the operation was a success but the patient passed away” made my laugh so hard 😂😂😂
Ali Dadfar
2021-07-10 16:24:15 +0000 UTCHi Tom, my personal opinion : what I think you're better than everyone else is analyzing companies, making DCF and projections. I'd rather have more than daily news like many others do. For example I'd like see DCF of companies that don't work or will crap out, see where in their financial statements you see problems down the road. Or take old financial statements of companies we know know crapped out when they were popular and see if at the time we could tell. Thanks, I will enjoy your content whatever you make 👍
Charles Pare
2021-07-10 16:22:59 +0000 UTCThats a great idea, Tom! I would love to see the updates everyday.
Hakunamatafa
2021-07-10 16:21:33 +0000 UTC
