Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
The increasing electricity consumption by AI and Bitcoin mining is causing significant concerns in the United States. Data centers, which are concentrated in specific regions, consume substantial...
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This conversation focuses on Barry Bannister’s prediction of a downturn in the S&P 500, and skepticism about future interest rate cuts. The discussion also touches on persistent inflation...
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Watch the video for a discussion about the Dow Jones Industrial Average 40,000 milestone. Doug and Lee examine the historical context and current factors driving today’s growth. The conversation...
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Watch the video below for a discussion about Microsoft’s (NASDAQ: MSFT) strategic shift under CEO Satya Nadella, focusing on future technologies like AI compared to previous leadership. The...
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This discussion on the competition between Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) in the cloud computing market, highlighting Amazon’s early dominance with AWS and Microsoft’s growing...
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Austin discusses Warren Buffett’s recent decision to sell a significant portion of his Apple (NASDAQ: AAPL) stock, highlighting that while the $20 billion sale is substantial, it doesn’t indicate...
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When considering a Ford Escape, it’s crucial to be aware of the model years that have a history of reliability issues. Models from 2008, 2009, 2013, 2014, and 2015 are particularly problematic due...
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Austin and Eric discuss potential companies that might issue stock splits to make their shares more accessible to retail investors. Austin highlights Costco (NASDAQ: COST), NVR (NYSE: NVR) , and...
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Chinese car companies are advancing in battery technology, now claiming ranges of 500-600 miles. They’re expanding from low-cost vehicles to mid-market, SUVs, and luxury cars within China. These...
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The head of Inside EVs, a leading EV media business in the U.S., reported after driving 12 Chinese EVs that the U.S. car industry faces serious trouble if these Chinese manufacturers enter the...
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The United States faces concerns about excessive borrowing, raising worries about declining demand for sovereign paper and rising yields. Debt service now exceeds the entire Defense Department...
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Boeing’s appeal to Warren Buffett is bolstered by its strong brand, quasi-monopoly status, and significant defense operations, which benefit from ongoing global conflicts and defense spending. With...
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Disney’s acquisitions of brands like Marvel initially paid off but have seen diminishing returns as audience interest wanes. The company faces significant challenges in the highly competitive...
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Boeing (NYSE: BA) may to Warren Buffett due to its quasi-monopoly status and strong brand, similar to companies like Apple (NASDAQ: AAPL) and Coca-Cola (NYSE: KO) that he has favored in the past....
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Political instability and potential election disputes in the U.S. might lead to a credit rating downgrade, increasing debt (Economy) interest rates. The speaker notes the U.S. could drop from...
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