APPL

Top Tech Leaders to Meet With Trump – WSJ

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Many top Silicon Valley executives are expected to attend a meeting with President Trump on Wednesday that will help steer the complicated relationship between the incoming White House and the nation’s tech companies. Disclaimer. We are long Facebook for a trade with a small position in Apple.  Notable in the recent Trump rally is that tech stocks have been a laggard.  This meeting has the potential to create an outsized move in the stocks.  Trump has been a vocal critic of Apple and Amazon. Facebook director, Peter Thiel, is on the Trump advisory committee.  Facebook also made an effort to … Read more

Some interesting numbers on Netflix

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As the subscription based online movie provider soars as high as 15% in after hours trading on a decidedly positive earnings report, some investors are left scratching their heads.  While the company has shown an impressive rebound of 38% since touching on it’s 52 week low of 64.54 a share, the upward correction seems to lack a real catalyst.  In their trademark no-nonsense style, Zerohedge took a closer look at the hard data (spreadsheet can be downloaded here ) and found some interesting points.. Netflix generated $33.9MM in “Free Cash Flow”. Of this $25.6MM was from change in Net Working Capital; this compares … Read more