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Tesla CEO Elon Musk All eyes were on Tesla's 2nd quarter conference call today, and to say the least, this report was a make or break moment for Tesla. In the derivative markets, implied volatility (IV) was at over 7%. This means that the options market predicted that Tesla's stock would either rise over 7%, or fall over 7%. These predictions held true, with the stock soaring 9% in after-hours trading. This earnings report was definitely great for Tesla investors, who have recently witnessed the stock fall from November highs of $380 to the high 200's. But there was a lot of pain involved too, as Tesla is the most shorted stock in the S&P 500. Prominent investors including billionaire David Einhorn and billionaire Jim Chanos are short on Tesla, and short sellers are estimated to have lost over $1 billion just today alone! Major points of contention for the conference call included Model 3 production, raising additional capital, and Elon Musk's tem...

Facebook recently reported earnings, and the results were worrisome in all aspects, with regards to the present and future. Not only did the company fail to meet revenue and daily active user (DAU) expectations, it also forecasts considerable decline in revenue growth through the coming quarters, cautioned by CFO David Wehner. This is justifiable since Facebook reported its slowest user growth rate ever for the quarter. As a social media platform dependent on advertisements, Facebook mandates a growing user base to remain the best site for advertising; decline in growth would concurrently slow revenue gains as competitors such as Twitter and Snapchat might gain more ground. However, Facebook attempted to belittle these pessimistic views with an optimistic statement that 2.5 billion people use at least one of the company's apps, which extend to Instagram and WhatsApp. While Instagram confidently can foresee growth in the future, especially after its introduction of IGTV, Fac...

Google parent company Alphabet just reported earnings today, and the results outperformed expectations. Google Play Store revenues and advertising business saw admirable growth, and their guidance for the future seems rather positive. Google's "other bets", which include the self-driving car company Waymo and Nest, reported greater revenues, but faced increased expenses. Overall, these are positive news, considering that the company was hit with a massive $5B fine from the EU over antitrust issues. The EU claimed that the Google Play Store restricts competition as it automatically comes pre-installed with Google's suite of apps, such as Google Search, which is forced upon manufacturers by Google as a way to empower and encourage its search engine. Due to this fine, Google's net income decreased from $8.3B to $3.2B for the quarter. This reveals how consistent government trouble can cause a major hindrance to the company's long term growth. In fact, Googl...

Over the past 4 years that Satya Nadella has been CEO of Microsoft, we have seem some sort of extraordinary transformation. Microsoft has gone from being the poster boy of monopolistic greed to one of the most innovative tech companies around. In order to accomplish this, Nadella has focused on revamping two main parts of Microsoft's business. First, he has made many of the companies products subscription services, such as Office 365, which is an example of SaaS (Software as a Service). Second, he as embraced the shift to the cloud, by focusing his company's resources on building up the Microsoft Azure platform. On top of this, Nadella has made some big acquisitions, acquiring LinkedIn for 26 billion in 2016 and more recently, acquiring code-sharing site GitHub in 2018, further demonstrating his vision of innovation and open-source software. Microsoft reported in its earnings call that its "Commercial Cloud" business, which contains cloud products such as Azure a...