Elanco Non-GAAP EPS of $0.14 misses by $0.01, revenue of $1.02B beats by $10M NewsTue, Feb. 25 Was this such bad earnings? no. Is this the type of stock we must move into even if we do not want to... yes.
I'm in a tough place now my wife is after me to buy this house in Nevis and warehouse it for however long my dear Bacchus lives. We are already renovating a bit her Families Fire island house so this seems a stretch and dangerous. That being said with the turmoil in the markets this is one of the rare times an outsider like me could get my hands on a really great house. But to give away $1 mil and not even use it for 2 or 3 years...What do you guys think> Elanco director buys $272.6K in common stock » 16:24 ELAN
Watch->ELAN Elanco Animal Health Incorporated $11.14 0.31 (+2.86%)4:00 PM 03/07/25 NYSE | $USD | Post-Market: $11.16 +0.02 (+0.18%) 5:19 PM
Daylight Savings Tomorrow. This is one of the great parts of life. Don't let Frump take this away from you.. speak out/
Fabulous article here - this guy gets it. I have been saying this for pages in different ways-> Rick Newman · Senior Columnist Sat, March 8, 2025 at 10:00 AM EST 5 min read In the traditional game of chicken, two drivers speed toward each until one loses his nerve and swerves off the road. In Donald Trump’s version of the game, everybody sustains some damage. Trump has been testing the tolerance of financial markets since his first day in office by disassembling government agencies, canceling federal spending, and mounting a trade war with numerous economic partners. Investors have been trying to gauge how disruptive Trump will ultimately be and whether he’ll cause temporary or lasting damage. Less than two months into his term, Trump has now driven the stock market into a ditch. Markets didn’t flinch much when Trump imposed his first set of tariffs on Chinese imports in February. The 10% levy was less than Trump had threatened, and investors saw it coming. The stakes grew considerably the week of March 3, when Trump announced another 10% tariff on Chinese imports and a much stiffer 25% tax on imports from Canada and Mexico. America’s northern and southern neighbors are its largest trading partners, and the 25% tax would sharply raise the cost of nearly $1 trillion worth of goods, including cars and car parts, food, construction materials, and energy. The stock market buckled. Trump promptly began backtracking on the North American tariffs, offering temporary exemptions for key categories of products. Yet Trump continues to say more tariffs are coming on European imports and many other products from nations he considers to be unfair trade partners. SNP - Delayed Quote • USD S&P 500 (^GSPC) 5,770.20 +31.68 +(0.55%) At close: March 7 at 4:43:27 PM EST Markets are now pricing in more damage from tariffs than they were a few weeks ago, along with rising odds of a recession. The S&P 500 lost 3.5% the week of March 3, with Trump’s retreat on tariffs doing little to calm markets. US stocks are underperforming those in Europe and many other markets. Investor views of Trump’s economic plans are rapidly souring. “Trump tariff push descends into farce,” Capital Economics declared in a March 7 analysis. “For those keeping score, Trump has now imposed tariffs on Canada and Mexico then almost immediately performed a full U-turn twice in a month.” The research firm points out that since Trump’s reprieve is only supposed to last until April 2, more lurches are probably coming. . Trump’s latest tariff action led Goldman Sachs to reduce its estimate for economic growth this year from 2.2% to 1.7%. The firm’s inflation forecast rose from 2.1% to 3%. Morgan Stanley made similar downgrades. Trump’s approval rating is also slipping, and that’s in polls taken before the early March sell-off. Americans worried about the price of eggs and other items, meanwhile, heard Trump’s Agriculture Secretary Brooke Rollins suggest on March 2 that they should start raising chickens in their backyards. Analysts who once thought Trump would stop short of doing any damage to financial assets now have doubts. During Trump’s first term, he bragged repeatedly when the stock market rose. But his Commerce Secretary, Howard Lutnick, now has a different line: Stock market declines are no big deal. The employment report that came out on March 7 was reassuring, on the surface. Employers added 151,000 new jobs, which is slower than the 2024 pace of job growth, but still in the normal zone. The trouble, though, is that the February survey captured barely any of the federal layoffs Trump and his axman Elon Musk are executing as they ransack the government agency by agency looking for savings. Many economists warn that the February jobs report could be the calm before the storm. “What looms ahead is troubling for the labor market,” economist Bernard Baumohl of the Economic Outlook Group wrote in a March 7 analysis. “Many companies have set up war rooms to assess how Trump 2.0 will affect their operations. Are we going to see a coherent economic and political strategy emerge from the White House? Or is the nation about to labor through four years of essentially a bar room brawl?” Trump isn't the whole story. The stock market sell-off would probably be worse if not for the “Fed put,” a widespread belief that the Federal Reserve will resume stimulative interest rate cuts if a recession appears imminent. In a March 7 speech, Fed Chair Jerome Powell sounded chill, saying the economy is "fine" and suggesting the Fed doesn't see much of a need to do anything at the moment. There’s also supposed to be a “Trump put,” in which a market-friendly Trump intervenes himself if markets get too wobbly. That may still arrive in the form of a set of tax cuts the Republican-led Congress is likely to pass by the end of the year. But for now, Trump seems unperturbed by the prospect of a little pain in markets or even a hit to his own standing with voters. Bravo!
The Mysterious Billionaire Behind the World’s Most Popular Vapes Geekvape, Lost Mary, Elf Bar and other top disposable brands all trace back to one man in Shenzhen. In the mid-aughts, when vaping was an obscure subculture and products weren’t widely available, its few aficionados would congregate online to swap information. On e-cigarette-forum.com, many posters were former smokers who’d discovered vaping as a way to kick “analogs,” as they called traditional cigarettes. The mood was collegial. People discussed equipment and showed off their modifications to the bulky open-tank-style vapes that dominated the marketplace. Some posted tasting notes on e-juice, the concentrated nicotine liquid used in e-cigarettes, with the flourish of master sommeliers describing a rare vintage. There were also numerous reviews of shops, including a popular web store called Heaven Gifts. It was generally regarded as reliable, but if something did go amiss, forum members counseled contacting the owner, Wayne. He was responsive and friendly, and if someone had a problem he’d sort it out. Heaven Gifts also doled out freebies and ran frequent promotions, assuaging frustrations over slow delivery times or customs seizures. Loyalty to Heaven Gifts was such that in June 2009, when a disgruntled shopper posted a confrontational letter he’d sent to Wayne about a defective product, others charged to the proprietor’s defense. The customer eventually relented after receiving a full refund from Wayne along with an apologetic email, which he shared in full—inadvertently revealing Wayne’s real name, Zhang Shengwei. A decade and a half later, vaping has grown from a novelty into a multibillion-dollar global industry. Euromonitor estimates there are nearly $6 billion in sales in the legal US market, making it the world’s largest. And Heaven Gifts is no longer an ungainly web store. The company is behind a huge Barbiecore-colored wave of vape brands, with names like Geekvape, Lost Mary and Elf Bar, that have washed across store shelves from New York to London to Berlin Zhang is widely acknowledged to be one of the industry’s biggest players, having grown his online shop into a globe-spanning operation that competes with the tobacco giants. Heaven Gifts has at least 30 million customers in more than 80 countries, and a survey of US e-cigarette users conducted in October by research firm ECigIntelligence found that Geekvape and Lost Mary were the two most popular brands, with Elf Bar not far behind. Zhang’s wealth has risen in step, to the point that he’s now worth $2.9 billion, according to the Bloomberg Billionaires Index, which calculated his net worth for the first time for this story. His fortune derives from his 69% stake in iMiracle Shenzhen Technologies Ltd., the primary company of record for Heaven Gifts. Through Jacques Xiang Li, a spokesperson for Heaven Gifts, Zhang turned down an interview request from Bloomberg Businessweek, as he has with almost all others. Li declined to comment on Zhang’s wealth. An executive who previously worked closely with Zhang and requested anonymity because he still works in the business calls him “the godfather” of the small community of industry leaders in Shenzhen, the southern Chinese city where the vast majority of the world’s vapes are produced. The executive likens Zhang and others who run vaping companies to “magicians” who are loath to reveal the secrets of their operation for fear of competitors and regulators. They may share, too, a belief that the risks of being ultrawealthy and famous in China outweigh the benefits, given that past takedowns of high-flying executives have been swift and harsh. That mindset helps explain why, despite the ubiquity of Zhang’s products, little is known about the man who’s done so much to enshroud the globe in an addictively sweet vape cloud. To expand his businesses, Zhang paid almost no regard to regulations. In the US, his companies have consistently ignored the Food and Drug Administration, benefiting tremendously from the agency’s meager capacity to regulate e-cigarettes. In the UK, Elf Bar has been criticized for barreling into the market with illegal products and false advertising. But new challenges to Zhang’s empire are appearing. Laws regulating vaping are being tightened around the world, as governments attempt to balance its potential benefit as a tool for smoking cessation against the danger of creating a new crop of nicotine addicts. Some countries, including Vietnam and Thailand, are banning vapes outright. Last month, New York Attorney General Letitia James filed an expansive lawsuit against vape distributors, accusing them of violating state laws by selling and marketing flavored e-cigarettes, including the Elf Bar and Geek Bar brands. Vapes are also becoming a geopolitical issue in the US, with the ranking member of the House select committee focused on strategic competition with China initiating an inquiry into that country’s vaping companies, including Zhang’s. The US International Trade Commission is probing his business as part of a larger inquiry. And Zhang is fending off attacks from large tobacco companies, which have largely tried to follow US regulations with their own e-cigarettes, only to have sales undercut by illegal competitors. The great escape for Zhang and the other magicians of Shenzhen could come from President Donald Trump. After meeting with Tony Abboud, a prominent vaping industry lobbyist, in September, Trump vowed to “save Vaping again.” The “again” referred to proposed restrictions he halted back in 2019. How Trump’s promised rescue may arrive is, like many of the president’s decisions, unclear and open to any number of influencing factors, notably America’s trade relationship with China and the lobbying power of Big Tobacco. Already, a case challenging the way the FDA authorizes vapes has landed before the Supreme Court, after an arch-conservative appellate court remade by Trump appointees ruled that the FDA had unfairly rejected two vaping companies’ applications to sell their products. Even if the Supreme Court doesn’t side with the companies, the Trump administration’s early blitz through Washington has sought to decimate regulations and lay waste to entire agencies. That could bode well for vaping companies—and for Zhang.
President Trump reposted Charlie Kirk. Eggs won’t be coming down Stoney! Not even your Cadbury. “ Donald J. Trump @realDonaldTrump ·10h dailycaller.com/2025/02/17/cha dailycaller.com CHARLIE KIRK: Shut Up About Egg Prices — Trump Is Saving Consumers Millions Democrats are positively giddy about the price of eggs.”
CARR Carrier Global Corporation- Good action made better by competitor LII going down... $67.39 +2.02 (+3.09%)4:00 PM 03/07/25 NYSE | $USD | Post-Market: $67.48 +0.09 (+0.13%) 7:53 PM
I'm making pancakes! That took two eggs. We are running very low. Will need to buy another dozen Monday/ Each week an egg panic. I had a funny thought about Tesla. The game is obviously over sales are plummeting and the Gov is going to step in and buy some models to put in a landfill. All over the world Musk is toxic and his brand out of favor. I would think there is a massive lawsuit coming/ What if Tesla pivoted and started making gas gurgling oil powered engines.... And then they could have the Maggot Car. Now Musk is stuck the people in the Nazi party are anti-EV 100%... but what if they had low millage gas guzzlers? Embarrassed lefties are putting Mazda emblems over their Tsla logo.. I think that's great!