 is um where is that off topic channel discussions oh i forgot we used to have some music in the background let me see if we're gonna add that music play some bozo background music hey what's up guys young bo trigger how you doing j2 dp how you guys doing oh what earnings did you guys want us to check out oh so remember anything you hear or see here today is not financial advice this is for the purpose of education elevated type music yes yes can you guys hear me good how's the how's the volume in general and how's the elevator music so far is it too loud too low let me know should i do this chat overlay all right so let's check out intel i actually think intel is a pretty interesting company they had a good beat um they had earnings today they stay equal to 28 they reported earnings for sure at 87 cents as opposed to 80 cents sales 18.4 billion um as opposed to 18.31 thank you i appreciate that awesome friend is this x y what's going on x y so intel had a pretty good earning to beat the estimates right um however compared to last quarter they they saw a 37 percent decrease over earnings of a modern 39 cents and compared to the same period last year their revenue is actually down 6.47 percent so down a little bit oh music is a little loud is this better is the music better it's always a weird balance honestly let me know when when we get to the point where the music is just like it's just like almost non-existent like it's in the background you know so intel was up to 47 came back down a little bit to 45 pretty interesting area take a look at the charts i think for today i'm gonna strictly try to look at weekly charts because i think that i think we're at a point in the market where we have to really look like look further back like not further back but we have to look farther away um because we're at a point where we see a lot of opportunities in the market you know there's a lot of like there's there's a lot of stocks that are coming to value and we have to see if these are coming to a range of like really really good uh moving averages or like really really interesting value for for us to to go along on it you know for for it see if this is a decision that makes sense or not or you know but honestly at the end of the day is just whether i would you know how a lot of the decision is just going to be you know what i'm going to do in my position i wouldn't recommend you to follow or do the same let's see so intel it's almost coming back to this 43 dollar levels it hasn't really been there for a while it did hit a little bit over here when was this this was in february we touched 43 for a wee bit i think it'd be really interesting if we touched this covid level maybe even like the super march lows over here that was like close to 41 50s so they think that's a really interesting area because we're also at a point and time in the market where have you guys heard of the globalization sounds sassy the globalization sounds sassy well so so the globalization is kind of like it's it's like us being less dependent right and in other parts of the world and and country and things like that so even right now we can see that you know even with everything that's going right now you you can see like with this war between russia and ukraine like you know i'm not gonna pick size or anything but even in this in this situation right now you know we're at a point where we're like it is like you know what what is going on right like we're not getting we're not getting stuff from russia we essentially like ban them right we're like nah like nah we don't support you having a war with with other country so we're not gonna buy supply from you and and we're not gonna let you buy supply from us and things like that so we went from a place where we were um where we were very like very good within supply chain doing deals and and like buying stuff from every other country and taking advantage of that to now to a point that we're we're not like buying stuff and and we can't buy stuff from other other countries and things like that because i mean look at china right china just shut down and we saw that apple's earnings was really really ugly right and it's because of of china shutting down so because of all these things it's it's going to drive us to the point where we have to be more dependent on ourself as as america right our country has to be more dependent on on the manufacturing capacity of of our country like of like companies that are built here and make here so we're we're coming back to that point again um or even like with like with canada and and mexico you know north america in general like we we have to be more dependent on the country there on our side the world now because we can see how much supply chain becomes such a huge impact so i think that that's that's that's going to be really interesting and and intel is one of those companies that i think can benefit extremely that that i could that you know that has communicated that they would benefit really well from that because they're spending a lot of money to build in their factories and and you know manufacturing capabilities in america and they're they're all american companies so i think i think it would be an interesting stock for for for me to have in my own portfolio or not we'll take a look at amazon a little bit as well take a look at the amazon that i mean so i think this is this is an interesting price but there's also the inflation issue right inflationary pressure along with interest rate and and and whatnot and that's another issue by itself that's a whole nother issue that's a little bit harder to talk about though so i'll go a little bit more into that as well let's check out let me see let me take a look at that before it real quick so it's right here are they doing any share buybacks i wonder wow look at that look at what they said so this is the summary down seven percent year over year we are firming four year 22 revenue guidance so i think the chip companies are doing pretty great right now q1 was a strong start of the year exceeding expectation on both top and bottom line intel ceo said with one trillion market opportunity ahead of us we remain laser focused on our idm 2.0 strategy we execute well against the strategy in q1 delivering key products and technology milestones and announcing plans to expand our manufacturing capacity in both the us and europe to meet the continued demand for semiconductors and drive a more balanced resilient global supply chain so very interesting they talk to good talk here so we'll see how that plays but i think from what ceo says it's an interesting long-term position take a look at amazon real quick there any other earnings that you guys wanted to check out and talk about so amazon's earnings was also today huge drop i saw a little bit so it came back i had a little time oh wait did they drop no yeah they did drop yeah this data is so weird oh man the myth the legend i appreciate you snack how you doing so amazon sales was a beat q1 sales is 116.4 billion the estimate of 116.3 billion so they said this is a seven percent increase compared to the same period last year however oh what the hell this is horrible earnings so earnings per share i'm not sure if i'm seeing this right because usually red means negative so if like i hope it's not negative 7.56 as opposed to like eight dollars and seven cents per share because negative five six is like it's like negative 16 like down 16 that's a lot i had to update your password oh yeah if you guys um you guys aren't twitch make sure you um you log in so you can talk and stuff and that's right so operating cash flow decrease also keep in mind all these earnings reports and that are coming through now they are reporting for the last quarters right so all these all these earnings that we're seeing right now these are past results none of these earnings has priced in the the word that has disrupted the supply chain issue like within the last month or so so that's something to keep in mind too um so if going into this whole season if you're looking like to short the hell out of every single stock out there because you know for a fact that there's heavy inflation and heavy supply chain issue and that avocado prices going through the roof and chipotle can't handle it you know it you got to remember that that's not gonna happen to an exporter so net sales increased seven percent to 11 points 116.4 billion in the first quarter compared with 108.5 billion in the first quarter 2021 excluding the 1.8 billion in the hunt favorable impact from the year-to-year changes in exchange rate that sales increased nine percent so this quarter was actually a pretty interesting quarter for them um but they said they had a net loss of 3.8 billion in the first quarter or seven dollars and fifty six percent per share as opposed to net income of 8.1 billion so actually they lost a lot so compared to the quarter right they would have they were probably supposed to make 8.1 billion but they're losing 3.8 so they're actually down um you know like 11.9 right that's a lot oh this loss is from from the your favorite electric car company Rivian automotive the stock probably came down a lot that's why it affected them so much because they had a huge investment in it let's see what they said about Ukraine so the pandemic and subskin war in Ukraine had bought unusual growth and challenge with AWS growing 34% annually over the last two years and 37% year over year in the first quarter went to go and helping companies weather the pandemic and move more of their workload into the cloud our consumer business has grown 23% over the past two years with extraordinary growth 2020 39% they doubled their fulfillment network and built over amazon's first 25 years wow so they said that barely one year they doubled what they had took to do in 25 years pretty crazy in 24 months no issues with physical or staffing capability teams are working pretty good apparently particularly they are facing some inflationary and supply chain pressure but they see encouraging progress on a number of customer experience oh apparently you can use buy with prime which is like by now pay later or something like that do they talk anything about stock split oh amazon also poses an acquisition of mgf so they're studios and they'll be making more shows they got a bunch of shows got the james bond stuff as well talk a little bit about the show unless you're if that's the most craziest thing though damn they didn't even say anything about the stock split did they did they post a guidance no no guidance or did it it says they did lower guidance so usually on the q1 earnings they talked about the full year guidance too so usually they they talk about how like how they think they're gonna perform in the next four quarters this year but i don't know why i'm not seeing it here very interesting oh yeah you guys know what else was interesting i saw this today i saw this article by this dude jack um that was pretty funny he's like top 39 craziest things people have done to get laid congrats to orgasm for winning the bracket best thing in the world comes down to orgasm everybody agrees cookie fresh from the oven versus orgasm first sip of cold beer after a long week vacation they all fail a good poop not even close so i thought that was a pretty interesting so top 39 craziest things number two was exercise regularly breaking them out of prison so you can be with your inmate lover the entire concept of plastic surgery completely change your interest and personality by expensive sports cars be a sugar daddy start a war with choy because you think helen is hot is she hot though probably at that time she was grow a bear i don't know do guys really grow a bear for girls shave your body daily woman slap a comedian on stage at the oscars after insulting your wife allow yourself to be catfish spend your life this is probably my favorite one spend your life savings on the wedding to someone you have zero in common with worth 80 work 80 hours a week in investment banking that sounds about right why wouldn't anybody do that unless they were trying to end the war in kenya so you can live the sex ban that woman nationwide impose hey if they really did that dang that's good maybe maybe maybe maybe russia could do that maybe the women's of russia could do that can you see you imagine how powerful that would be if all the females and russia got together and did this dang that would be powerful but yeah pretty just the stuff i thought that was fun let's check out some of the other earnings we have this week so another big earning that we had was also robin hood let's check that out i want to i want to digest that a little bit more damn look at this company shout out to the women in russia raise up where remember when robin hood was like 80 dollars has any is anybody here has anybody here bought robin hood at 80 dollars and still holding let me know if you did i would be i would be really really amazing let me know if that's something you guys have done then dang power to you man holy smokes that's pretty that's pretty that's pretty good you can hold it that hard and you're you're a true believer of um a problem you know put my ultimate ban list dang why what they do to you oh yeah they had a huge workforce reduction they said on april 26 so even in anticipation um they said they reduce they have reduction in force as part of effort to improve efficiency and operating cost they they they they fire about 330 employees probably the whole customer service team because they're like useless man we don't need no customer service we started the company with no customer service why now honestly i don't even know why they bother their customer service team is useless anyways why bother those those people know nothing about stocks they said they'll incur 17 million to 23 million of cash restructuring and related charge due to employees severance and benefit costs wow even firing employees cost them money bro what we respect the share base compensation as part of this reduction in force the company modified a portion of the affected employees stock awards a lot of portion of the words the best that otherwise would have been forfeited however as a result of the reversal pretty nice based on the sense for stock word that means for the forfeit and collection of this is such an important thing six oh this is save some money from firing all the people and share compensation they actually what are the reasons they lost a lot of money this quarter um was actually because of the of the money they had to pay for in share compensation so let's see what's interesting here total revenue total net revenue decreased 43% wow a lot of money lost here transaction based revenue decreased 48% so it sounds like 48% of the people that was on there blew up or just didn't commit activities there anymore or just move elsewhere they lost about 48% of transaction based business options decreased 36% dang oh even crypto crypto decreased 39% equities decreased 73% what that's a lot of revenue loss even equity however they said the funded account increased 27% they added they added 7.1 million new funded account by large customer interest in crypto during the second quarter 2021 monthly active users down to 15.9 billion i remember they had almost 22 million at one point so they're taking a little bit lost there however assets under custody AUC increased 15% to 93.1 billion compared with 80.9 billion so there's there's still a lot of money on the platform somehow but it is down a little bit from 98 at the peak it was pretty interesting there but they said this was just strictly based on the macro economic environment has nothing to do you know like their customers are just affected by the ongoing situation nothing else honestly brokerage is amazing they said they still deliver amazing products they're still making significant strides in the crypto business with giving you guys an actual wallet address on track with this 2022 roadmap to sell you more crypto and put all your savings account on there let me see hood investor relations i want to see i want to see graphics man oh we have to look at some bozo chart let's look at some graphics baby wow look at robin hood this is like the future man look people placing orders on holographic screens everybody is like just like just random holographic screens in front of you man i don't know where it's coming from this is mine this is mine that's ilan musk right there you know how many of you guys think this looks like ilan musk i mean look look at this lady's badass red hair there's sunglasses glasses but why their clothes look so bozo i mean why do you need a pocket anymore it's the future why is there even a pocket everybody knows there's no such thing as pockets they don't exist so this is 2022 roadmap they're looking to introduce the robin hood cash card trading hours from oh this is big they're having a cash card they're expecting the trading hours from 7 a.m. to 8 p.m. wait isn't that what everybody else had completed the crypto wallet rollout oh i did see that video if you have the meme send it i want to see it again i did see that that chinese ilan musk this morning had a new coin to our crypto selection um enter into agreements acquire this is like a lose to help accelerate international expansion efforts oh they already have the 8 p.m. trading hours now oh and they said they have a new coin oh they said they already have new coins huh these are all previous dates see i knew i was i was coming to the right place to have some cool graphics look at these graphics i love the person making these presentations man i wish i could hire them i wonder how much work they put up into this they said apparently all their accounts are funded how do you have so much account funded what little little monthly active users hmm is it because you just get free stocks and the funded accounts and just holding a free stock oh wow monthly active users definitely went down this was the peak q2 2021 that was the peak that was the peak in fun too 102 billion dollars asset on the custody average revenue per user went down significantly used to be 100 plus dollars now it's 53 dollars were you guys making some little money wait this is like a this is like a hidden shoulder pattern up down early pyramid oh this is like the end bro this is the end everything is going on a downward slope it's over it's over yo what's up nasty Nate are you doing crappy boots too thanks for a sub in i think oh like all this money loss so actually all those money loss comes from this one thing i think i'm pretty sure where is it trying to find the whole thing the money loss comes from share base compensation it comes from like come from the the stock it's come from the like giving away stock awards and people cashing out on things like that's where their their loss is coming from snack now 100 what's up wait did you just change your name real quick what's up nasty Nate grady how you doing oh we're looking at robin hood check out the graphics let me show you look at this futuristic graphics man everybody got holograms i remember in 2012 i was working um i was working at selling like technology stuff and i remember we thought the apple was coming kind of come up with like holographic projection screens and things like that and that was in 2012 now we're in 2022 yo 10 years later still hasn't seen it why why why haven't we seen that man dang but that was an interesting learning to look at you have put on that garbage oh let me show you something you you might appreciate this top 39 craziest things people have done to get laid post pictures of yourself at a baseball game on a dating app talking about how you love sports and guys stuff dressed like this bozo get a job i mean yeah right bro who like like what's the point of us getting jobs the only point of us getting jobs is to get laid bro nothing else nothing else buy a truck become a rapper write poetry cut your ears cut your ear in the 19th century friends and give it to your crush even though you're like the most famous painter ever my man is down bad go on the first date with a perfect stranger that could easily murder you things that we do just get laid basically every single thing jeff k did in his presidency the man risked national security multiple times just to beat his sex addiction he also slept with a Nazi spy that he was fully aware was working for the german government dang that man wanted that wait what link this link now i want to promote that guy but that was um that was an interesting one though i can drop it in the chat if you want whoops what's the wrong link is this one what a bozo right what a bozo bacon apple pie you know i used to miss these these um these movies these are like the classics growing up this guy is that american pie does the whole american pie serious you know i don't have you guys seen that like i don't know i don't know if the young generation even has like a movie like that those were good old comedy movies if you guys if you guys like young growing up and you haven't seen any of those american pie movies gotta check it out some of it was little inappropriate but it was damn good laughter let's go back into stocks break out and back into a nazi camp i know right yo you you mother really want it but i can understand man i can stand you know what they say love can blind people it's like so dangerous it can make people do crazy things and sometimes they might not just be enough it might it might just be trying to get an orgasm he he apple to so apple also reported earnings i thought this was an interesting one um because i think i think we almost almost never seen apple do this right apple says not providing revenue guidance go forward um they also said some really really trouble things right apple's conference call they report four it's eight billion dollars in cobit related disruption um they said they predict 300 basis points had went due to um supply chain problems so 300 basis points like three percent which is maybe not that much but maybe that much i don't know it's interesting i wish apple would do another stock split i think that would be a really really interesting like thing for them to do they also authorize a huge buyback of 90 billion dollars so they continue to authorize more buybacks but overall they had a pretty good earnings for for the quarter for q2 which is actually last quarter right um which is the last three months so they said they had earnings per share of dollar 52 as opposed to dollar 43 um sales was 97.3 billion as opposed to 93.89 this was an 8 percent increase compared to the same period last year and 8 percent increase in sales as well compared to the same period last year so really really good i mean they were already doing really phenomenal and they just continue to keep killing it let me see if they have a graphic i always like it when we get a graphic man it's like would you rather hear somebody talk or would you rather see a powerpoint presentation that's done well but damn no good graphics here you see if i can find a good graphics here please be good graphics please be good graphics no it's not good graphics you gotta give it to robin at least they had a really good graphics right oh yeah did you guys if you guys want to check out any other ticker if you're free to drop in the chat let me know um otherwise i'm probably gonna end the stream a little bit maybe i talk a little bit about inflation what do they do they don't give a crap they're like we we make so much money we sell such a good product we love a cult following oh yeah we took a look at amazon a little bit total net sales is 97 billion really good six months ended it's really good as well so if they lose about eight billion dollars yeah they're still gonna do better than the last year where's the most money coming from oh they're doing really good iphone sales they're really doing really good max doing horrible with ipads doing really good with um wearables home accessories and and stuff and also pretty good with the services interesting cash on hand is looking right i'm surprised apple didn't do a stock split actually did you check amazon yeah i'll take a look at amazon again i'll take a look at interesting chart for amazon too um i think this is the first time we ever broke the moving averages so if you look at a bigger chart you can see almost like a head and shoulder pattern setting up and god dang if you don't want to see a head and shoulder pattern setting up because if you can see here this is the head right if this head and shoulder pattern sets up do you know where amazon could potentially be scary very scary so they they lost they lost a bundle of money this quarter and i think it's probably only gonna get worse at this point but the stock split could be really really interesting because that's gonna bring it at extreme value i don't think it's gonna flop like crazy right away but those are some food for thought let's take a look at pinterest real quick oh 109 decrease compared to earnings from the same period last year wow that's huge decrease 18.4 percent increase compared to sales of same period last year honestly for the longest time i have no clue what the use case of pinterest is i i think i understand snapchat better than pinterest i don't know about you guys like i know now they actually let you buy stuff but it's still like really really weird to use and they always like stuck you behind this this wall like sign up all the revenue grew retail advertisers international businesses monthly active users decreased nine percent oh because pandemic influence growth i guess people going back to the office and things like that are affecting them a little bit like i don't have time to look at social media or anything like that but that's pretty big decrease though losing like 10 monthly active users how are they oh i guess more people are still paying for them to advertise but the active user is not there that means people are paying more money they think revenue is going to continue to grow 11 percent year over year operating expense is going to grow as well a lot more didn't really say anything about the monthly active users yeah i'm i mean they're not they're not profitable they made money but they're not profitable because um profitability would have would have been the positive on the eps side which they were not they blame russia for decreasing users oh you know who's the worst netflix man netflix said they lost 700 000 subscribers because of the russia escalation things like that but if you think about it actually you know like like netflix is is like they they they they've been like they've been trying to they're like almost like far right media in a way because they um they like they they make all their shows like super pg and things like that right so coming from a country like russia that's like like um according to to what what we know is a communist country right so if like if they're they're like a communist country and and netflix is distributing content that are like more democracy base and things like that that's actually undermining russia right so them pulling out is actually bad for society because they they would actually be undermining um russia's whole like philosophy as a country so i think that is like that is just such a bozo move man but interesting decision from them but let's talk let's talk inflation talk inflation man so i think inflation is really interesting what is inflation at now things like 11 percent 12 percent 8.5 percent so they say inflation is 8.5 percent i mean if you guys been long-term watcher of the stream you know i always like i always whine about the inflation and i always said that inflation was like close to 30 40 percent last year um because food has increased so much but those aren't really calculated into that right but as we've seen energy costs increase and not slowing down at all i think inflation is only going to go higher i don't think we're really going to see a slowdown in that anytime soon and and what that means is that if inflation gets higher and higher then the fed has to work harder and harder to to reduce inflation right which is really bad for the market because when you think about this long term from a macroeconomic point of view and keep in mind when you think about things like from a long term a wider picture of a macroeconomic point of view it takes time for it to happen right so even though like you know we knew a while back that you know it could be extremely extremely bearish for the stock market and everything um it just takes a while for that to really happen and some of the things that that will affect it is that like you know we printed massive amount of money right in the last two years due to covid and things like that we dropped a lot of stimulus checks but no real waste for people to spend it properly because we dropped the stimulus checks so early when people didn't even need it right people didn't even burn through their savings yet and we already dropped the stimulus checks so so now you know people bought so much stuff and everybody is trying to expand their business and all that stuff and supply chain is an issue so obviously the cost for material is going to go higher due to inflation right that's what the that's where the inflationary pressure is coming from everything's going to go up because the basic laws of supply and demand is that if supply is limited then the the then the demand is high then the cost goes up and that is like what causes inflation so if inflation running hotter is a mathematical certainty you know because of of this whole situation then that would mean that treasury treasury yields and and interest rate is going to go up that is also a certainty right because if inflation remains high you know the fed has to increase the rates right so i don't think we're at a point where slowing down at all and and the fed has a choice where they're either going to have to fight inflation and crash the market or let inflation run wild just to save the stock market like at the end of the day you know i think the smarter decision for the fed is probably to to try to save everybody else because not everyone is invested in the market right i think the people that invested in the market are like are less percentage versus the general population um at least generally so i think that's gonna be a really interesting issue but one thing is like but based on the trajectory of things if if inflation continues to go crazy and the fed continue to raise interest rates right what that does is gonna make it more expensive for a company to borrow money and if you know as the interest rate go higher and and that could also slow down growth right now on the other side if inflation is high costs are going to go up and companies are going to have to pay higher costs and they're going to have to eat the cost too because they can't always pass inflationary pressure off right away because they always assume inflation is uh is going to subside really quick right so there's also that and if they if they do pass the cost to customers then then they're going to lose business so things are going to slow down than that so all those things are also pointing close to recession right that's also something that's scary and we're we're at a point where the market has been going up up up to the point where hey we could be going to the point where the market could come down a little bit and so those are some interesting thoughts from inflation that could be a little bit scary and also as as inflation and all these other things you know like pressure applies to the market you have to also think about how how earnings per share and price to earning ratios of a stock right a lot of times the stock price is based on the price of the stock versus how much they're earning right um and at what at what point is it worth it to invest in the stock or not worth it to invest in this stock right so those are some factors people generally look at on the fundamental point when they're looking at the stock market so if earnings are slowing down if it's going to cost them more money um to borrow money if it's going to cost them um more money to sell product because of inflationary pressures then all those things are going to push their stock price um and their price isn't going to cost their earnings to go lower right if they're making much less money and their stock price still remains the same then what that means is that the stock price is getting overvalued so people are going to start selling off as they make less and less money so i think that's also going to be really interesting market as well but i mean some of these things we've seen like three months ago six months ago even a year ago right we recognize it happening but the stock market didn't realize that that time because it takes time for something to happen it's like it's like even it's like the tectonics man like even if the ship is sinking it takes a while for the ship to sink it takes a while for the water to to fill up the the ship you know so interesting for thought for for you people worry about inflation but i know one thing's for sure that the market isn't going to be super easy as it was during all these candles over here what is this there's like 10 20 candles here so this is like the last 20 months we probably essentially has one of the easiest market ever even better than this market here now you thought this market was easy 2012 to 2015 nah this market was easy because look how big and how long the candles were we we gone up so much percentage every month like but yeah things are good there but that's very much it guys um thanks for stopping by and hanging out i hope the inflation topic was interesting for you guys i'm gonna end it here and take a break and go sleep but let's try to stop by next time we have some a bunch more interesting memories and what not take cares and happy trading