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- Tesla Faces Valuation Pressure Amid Weak EPS Forecasts
Tesla Faces Valuation Pressure Amid Weak EPS Forecasts
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Tesla Faces Valuation Pressure Amid Weak EPS Forecasts
Tesla shares fell 8% in June as political tensions and fading EV subsidies cloud its outlook. JPMorgan forecasts EPS drops of 70%+ through 2027, while Tesla trades at 166× forward earnings—far above the S&P 500's 22×. EV credits fuel ~52% of profits.
GameStop Bets on Collectibles Amid Falling Sales
GameStop's profit margins improved as collectibles rose to 28.9% of sales, but revenue continues to decline. Management remains silent, stopped earnings calls, and added 4,710 BTC to the balance sheet. Stock remains speculative with unclear strategy.
Trump Eyes Fannie and Freddie IPO—Without Ending Conservatorship
Trump's plan to take Fannie Mae and Freddie Mac public while keeping them under government control has rattled markets. With a $340B Treasury stake and no clear governance shift, analysts doubt investor appetite and warn of long-term risk to mortgage-backed securities.
🪙 Crypto
Kevin O’Leary Favors Bitcoin Over Ethereum
Kevin O’Leary called bitcoin the better crypto bet, citing its market dominance and performance. Bitcoin is up 12% YTD and 56% YoY, while ethereum is down 23% YTD. He criticized ETH’s slow transaction speed, adding: 'It’ll be very hard to dethrone' bitcoin.
🌎 Global Economy
Data sovereignty reshapes trade and innovation
Nations balancing data sovereignty and cross-border access can see up to 0.6% GDP growth, while hyper-localization risks a 1.7% GDP drop and 3.4% FDI decline. Legal frameworks like GDPR and APEC rules are key to sustainable global data flows.
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