The Wall Street General

 The Oracle of Omaha, Warren Buffett is probably one of the best investors of all time if not the best. He has been the legend or the figure most long-term investors look up to.  Buffett's Berkshire Hathaway posted its Q3 earnings a few days back, and unsurprisingly the company also posted a net loss on their investments. Even though the company posted $7 Billion in operating earnings from their other businesses like insurance, railroads, and utilities, the company reported a $10.1 Billion loss on their investments during Q3 because of the recent market turmoil which has brought the total losses to $63.9 Billion for 2022 till now.  The legendary investor once again told investors again that the amount of investment losses in any given quarter is "usually meaningless." But on a broader view, shares of Berkshire Hathaway have been outperforming the markets this year with the stock just being down by 3% this year, compared to the S&P's   21% downfall. And eve...

If you have been wondering why stocks like Amazon, Meta, Google, Microsoft, etc have been bleeding money out of your pocket, well it is because of their not-so-good earnings. These companies together lost a market cap of $350 Billion combined. Google and Microsoft led the downfall when Google reported $57 Billion in revenue which was slightly lower than expected and their year-over-year growth rate fell to 6% which has been the slowest since June 2020. YouTube's revenue fell for the first time. Google's stock fell by more than 9% on the day it reported their earnings Microsoft then contributed to the downfall when on the same day, the company had reported good numbers but then it was the company's next-quarter guidance that led to the sell-off. Microsoft is reportedly facing margin issues with their services which further decrease investor confidence. The stock fell by 7% on the same day when Google reported its earnings which led to a market downfall that day.  Amazon and ...

 Tesla reported its earnings a few days back and while it did show pretty good numbers, its revenues were not up to the mark for the analysts on Wall Street.  Tesla posted a $21.45 Billion Revenue v/s $22.09 expected EPS was $1.05 v/s $1.01 Shares of the EV giant fell by more than 5% after the company announced its results, but they said that the company still expects a 50% average annual growth rate on its vehicle deliveries. In addition to that, Tesla is facing headwind over its year to year benchmarks and because of inefficiencies at Giga Berlin and the strengthening dollar, the sales abroad are being impacted as well. Not to mention the ongoing supply chain issue.  Despite these roadbumps, Wall Street has an average price target of $307 for Tesla and a high of $530. The company still leads the world's transition to EV's and clean energy. 

Netflix, Inc. The world-famous streaming company crushed its earning expectations after it reported its earnings on 18 Oct after the market closed. The company posted an EPS of $3.10 vs $2.13 per share Revenues were $7.93 Billion vs $7.83 Billion  Netflix added 2.41 million subscribers vs 1.09 million The stock was up 14% after hours after it closed on Tuesday. This has been a rough year for Netflix as well, the stock is down a massive 60% YTD thanks to poor earnings in the previous quarter and the recent market downfalls. It was down 65% from its all-time high in October 2021.  This surely brings in more investor confidence, both in the markets and the company as well. The Dow and Nasdaq futures shot up as much as 2% following the company's reports. This week has started off well for investors and they hope it remains the same. Other big tech companies like Tesla, Apple, and Alphabet report their earnings in a few days as well. These crucial days could set the tone for the m...