Afterhours Massacre as Amazon Plunges, Apple, Intel, Tesla, even Meta Dive by Wolf Richter • Apr 28, 2022 • 258 Comments Meta? Didn’t it just spike? Friday is going to be interesting.
Now Alphabet Breaks, Microsoft too, Meta Already in Free-Fall: One by one, the Giant Stocks that Held Up the Market Let Go by Wolf Richter • Apr 22, 2022 • 269 Comments Ugly Day. But I’m more and more amazed how Microsoft’s CEO picked the very peak to dump half his shares last November.
I Now Have to Add Netflix to my “Imploded Stocks” by Wolf Richter • Apr 20, 2022 • 219 Comments Shares collapsed by 68% since November. $205 billion evaporated. FANGMA without the N.
The 2021 Creatures of Goldman Sachs: its IPOs, SPACs, Direct Listings Are Imploding after Bonuses Spiked to a Record by Wolf Richter • Apr 18, 2022 • 110 Comments They sure made hay while the sun was shining.
Margin Debt Drops Further amid Imploded Highfliers & Broad Stock Market Sell-Off: Not a Good Sign for Stocks by Wolf Richter • Apr 18, 2022 • 136 Comments There are other types of stock market leverage, and no one knows how much leverage there is in total. Margin debt is the only reported indicator.
After Blowing $328 Billion on Share Buybacks since 2017, JPMorgan, BofA, Wells Fargo, Citi, Goldman Sachs Stocks Drop by Wolf Richter • Apr 15, 2022 • 175 Comments Q1 was crappy as IPOs imploded, investment banking took a hit, mortgage activity fizzled, other stuff happened.
CarMax Reported, Shares Plunged Further. Shares of Online Used-Car Startups Vroom, Carvana, and Shift Already Collapsed by Wolf Richter • Apr 12, 2022 • 107 Comments CarMax ran into resistance against ridiculous prices. The used-car startups face an existential crisis. Vroom shares collapsed 97%.
Amazon Issues Another “Callable” 40-Year Bond: Buyers Beware. Have a Look at the Prior Deals by Wolf Richter • Apr 11, 2022 • 137 Comments What’s good for Amazon is not good for the gander.
As Treasury Yields Spiked, Junk Bonds Did the Opposite: Still Maniacally Chasing Yield in Riskiest La-La Land by Wolf Richter • Apr 10, 2022 • 105 Comments Junk bond yields actually fell over the past month and are historically low.
After Robinhood Shares Collapsed 87% from Peak and 70% from IPO, Goldman Sachs, IPO Lead Underwriter, Cuts Stock to “Sell” by Wolf Richter • Apr 8, 2022 • 133 Comments It would be funny – if it weren’t so serious – how this stuff is imploding, and Wall Street, which created it, is now washing its hands of it.
