Technology
- Intel is up 77% YTD. Nvidia is up 34% YTD. Palantir is up 133% YTD.
- Klarna Crashes Below IPO as Rivals Soar–What Just Happened? GuruFocus, LLC.
We are investors in Klarna and I would love to understand why it’s down 12%+ since going public. Bah humbug. - Astera Labs is another company we are direct investors in. Until recently, I was patting myself on the back for owning it. It’s down 20% this past week. So much for my investment genius.
Retail & Consumer
- There are nearly 40,000 Starbucks stores worldwide and nearly 370 Peets stores. Our closest Starbucks closed Saturday.
- RH is down nearly 50% YTD. It can’t find its footing.
Electric Vehicles (EVs)
- EV credits are ending this week. This will have an impact on EV sales. Tesla is up 9% YTD, Rivian up 17% YTD and Lucid down 20% YTD.
Cannabis
- Cannabis stocks are soaring on positive comments from the President.