Shares of extreme ultraviolet lithography equipment maker ASML (Nasdaq: ASML) fell 17% today after announcing Q3 results. The company released better-than-expected sales and earnings for Q3, but it reported a sharp drop in its order bookings for future product shipments, which fell by 53% from Q2 down to €2.6 billion. The company also lowered its
Many U.S. automakers that went “all in” on EVs just a few years ago are now pulling back. It seems this “zero-emission” revolution has not yet arrived… unless you travel halfway around the world where EV sales are booming.
This week, we share the first chapter of The Fourth Turning Is Here, Neil Howe’s followup to his 1997 cult favorite The Fourth Turning, which predicted that a period of political and economic upheaval would rattle the U.S. midway through the first decade of the 2000s – the Great Financial Crisis of 2008.
Big Secret on Wall Street analyst Ross Hendricks provides an excerpt of Common Stocks and Uncommon Profits and Other Writings, an investing classic by Philip A. Fisher… whose work directly inspired Warren Buffett’s investment strategy.
A wave of AI skepticism has emerged from Wall Street and the mainstream financial media. Despite two years of hype, it is not living up to its promises of creating more revenue and productivity.
The Parallel-Processing Revolution represents one of the best opportunities to build life-changing wealth through the stock market in the decades ahead. But there will be tremendous volatility along the way, so to profit, investors will need to be disciplined and patient.
This is the first installment of our month-long Parallel-Processing Revolution series… an in-depth view of a revolutionary tech investment story no one else is talking about. Since this year marks Porter & Co.’s second anniversary, we are making this vital four-part series free to all our readers.
For the past several months here at Porter & Co., we’ve urged long-term investors to be cautious. We continue to believe a severe economic contraction is approaching. But that doesn’t stop us from finding shorter-term bullish opportunities.
To kick off Year #2, we’ve set our sights on an industry that’s deeply underappreciated… enjoys a unique quirk of financing that allows the strongest players to be ludicrously profitable… and is essential to the operation of civilization as we know it.
Betting on perfection is a fool’s errand in any environment. It’s particularly risky today as the economy teeters on the edge of recession and a looming debt crisis. Fortunately, the bubble in AI and tech stocks is setting up a tremendous opportunity elsewhere.