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DHUnplugged #668: T-Test Parties!
All the rage – let’s test our testosterone – then shave our legs! China has figured it out….How to hurt the USA. Elon – listening in and shutting down? PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? <br /> Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up<br /> - Big week - Inflation eyed<br /> - 10-year near 4.3%<br /> - One European country looks the worst - one recession<br /> - Biden - 5-day world tour<br /> - Soft landing - everyone talking about it<br /> - Oh, Elon<br /> Market Update<br /> - Not such a great month so far....<br /> - China starting to panic (that may be good)<br /> -- 2 IPOs on Tap<br /> - M&A - One food deal announced<br /> - Apple .... More China restrictions (interesting) Happy New Year - Rosh Hashana Friday night. Tesla Upgrade<br /> - Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.<br /> - Dojo can open up “new addressable markets,” just like AWS did for Amazon.com Inc., analysts led by Adam Jonas wrote in a note, upgrading the stock to overweight from equal-weight and raising its 12-month price target to a Street-high $400 per share from $250.<br /> - Adam Jonas had a $250 price for Tesla for a while and was not really positive on the shares. But, many say he likes headlines, so this is a perfect way to play it.<br /> - Jonas cut his price and overall recommendation in June<br /> - Tesla shares up 10% on this upgrade (BTW, Morgan is one of Elon Musk's key advisory firms - so there is that) China - Freaking out?<br /> - China's financial regulator on Sunday reduced the risk weighting it attaches to insurance companies' holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country's lagging stock market.<br /> - The National Administration of Financial Regulation (NAFR)said on its website that the risk weighting for CSI300 Index constituents would be reduced to 0.3 from 0.35, while that for stocks listed on Shanghai's tech-focused STAR Market would be cut to 0.4, from 0.45.<br /> - A lower risk weighting frees up more capital for insurers to invest.<br /> - It also set a relatively low risk weighting for private equity investments in China's strategic and emerging sectors. More China<br /> - China's