Tom Nash
patreon
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
Steven Canela
Your Daily updates are interesting 💯
Greg B
Yes--great info!
mclovin
great stuff
Grzegorz Nowotarski
Love the format Tom ❤️
Tom Deschenes
What, no shocking headline causing panic and fear? Thanks :-)
Keith Cherilus
Hmm it's crazy how the rich know all these loopholes. It pays to pay someone who knows a thing or two about corporate law
Michael Lake
Nice. Uncensored daily News.
Not Financial Advice
Good for Elon.... fuck settling if you're not guilty.
Savu Silviu Corneliu
The Wells Fargo credit line cancelations gives me a 2008-ish funny feeling. Am I the only one ?
Zachary Vrobel
I 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.
eitanshushu
great 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
achilleus
Thanks Tom!
Pavel Lechev
Hell yeah ... nice bulletin format!
Jeremy
Thanks 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.
Bronwyn Ellis
Great work Tom!
Ali
Hi 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!
XIAO FENG LEE
we want this
Horsegal33
Yes, love the update idea thanks Tom
XIAO FENG LEE
opportunity to load more
Natalie Davis
I'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?
Ali Dadfar
This 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 😂😂😂
Charles Pare
Hi 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 👍
Hakunamatafa
Thats a great idea, Tom! I would love to see the updates everyday.
