Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Alphabet (NASDAQ: GOOGL)

Long IdeasOpportunities

Tesla to Add AI to Cars

“When I visit campuses and speak to the AI experts, there is a median year of 2050 where they think the self-learning capability of AI will be singular and will be at human-level intelligence,” Breyer said at Institutional Investor and CNBC’s Delivering Alpha conference on 20 September. “So, 2050? Does it happen? There are a lot of people who don’t think that is the case. It is median data from some of the best AI researchers in the world.”

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Opportunities

Google About to Disrupt the Energy Business

Hot fusion researchers at Tri Alpha Energy are testing a Google Research algorithm called Optometrist, The Guardian reported. Optometrist helped Tri Alpha reduce losses in its C2-U reactor by 50% and increase total plasma energy.

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Good Stocks

Is Alphabet (Google) Finally Stumbling?

Sports fans know that even the greatest winning streaks end sooner or later. The same can be said of stocks,

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Market Commentary

Big Earnings Week Amazon, P&G, Alphabet and Facebook Reporting

What’s even more frightening is that one bad earnings report from either Amazon or Google might trigger a market crash. Those companies are simply that huge and important to investors; that alone should have us asking if those behemoths are now too “big to fail.”

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Cryptocurrency

Android Pay adds 72 Banks and Fandango

Alphabet (NASDAQ: NASDAQ: GOOG) added 72 banks and credit unions to the list of financial institutions that support Apple at the beginning of July, Android Police reported. This is addition to the 60 added just a couple of weeks earlier. That means 132 financial institutions joined those supporting Android Pay in just two weeks.

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Cryptocurrency

Android Pay Adds International Remittances

WorldRemit might become a major player in the remittance and finance business because it has raised $148 million in venture capital. The next logical step for WorldRemit will be to launch its own digital wallet.

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Cryptocurrency

Android Pay is now in Canada

Two of Canada’s Big Five banks; TD and RBC, are not on the list of those supporting Android Pay. Both institutions support Apple Pay so that’s a real blow to Android Pay north of the border. Interac debit cards are scheduled to start supporting Android Pay on June 5.

Another notable absence is American Express which is supporting Apple Pay in Canada. Amex supports Android Pay in the United States so it should not be long before that card supports it in Canada. This was the second major rollout for Android Pay in a little over a week. The app debuted in Russia on May 23.

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Market Insanity

Google Self-Driving Car Project might be worth $70 Billion

“If we assume that Waymo can grow to 1% of global miles driven by 2030 (based on a fleet of three million cars each driving 65,000 miles a year) and that Waymo can generate on average ~$1.25 in revenue per mile driven, it implies a $70 billion Waymo enterprise value,” Nowak wrote. “More miles/year and revenue/mile could lead to an enterprise value of $140 billion.”

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Market Insanity

Netflix vs. Disney vs. Google what is the Future of Entertainment?

Both entertainment models work but they each have serious drawbacks. Netflix has not figured out how to make its model pay; while Disney is unable to protect its market share. The data suggests that a combination of new and old models would work best.

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The Death Spiral

WWE shows why Old Media is dying

Investors need to pay attention to Matt Hardy, because his success might be repeated by any performer using open sourced media to totally disrupt the business. This professional wrestler from North Carolina might be showing us the future of entertainment.

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