Archive
Joel's note: Altimetry is closed Thursday and Friday in observation of the Thanksgiving holiday. So, look for the next Altimetry Daily Authority on Monday, November 29. We wish everyone a safe and enjoyable holiday. The real meaning of Thanksgiving is widely shared... The turkeys are being brined, and the potatoes and pies are being prepared […]
Strap in for a busy Thanksgiving at the airports... Before the pandemic, the Wednesday before Thanksgiving was typically the busiest travel day in November. But the pandemic has brought about yet another interesting change in our behavior. Instead of waiting for the day before, people have chosen to fly in yesterday, making the Monday before […]
- AAL
- AC.T
- CPA
- DAL
- JBLU
- UAL
President Joe Biden celebrates infrastructure week... We have been pounding the drum for quite some time about the upcoming capital expenditure ("capex") cycle in the U.S. The country's aging public infrastructure has long been a concern among voters and politicians. Yet little seemed to ever come about from discussions on what to spend on repairs. […]
I'm blessed that my wife always keeps me young, entertained, and informed... Now and then, while I'm working late on the couch or making her watch the NFL or postseason Red Sox baseball with me, she's in the habit of scrolling through TikTok and giving me a play-by-play. Recently, she showed me one that particularly […]
- COIN
- FB
- HOOD
- SCHW
The world of blockchain technology is developing at a breakneck pace... We're not breaking any major news here when we say that the world of cryptocurrencies is booming as bitcoin and ethereum have become household names. Bitcoin prices sit near record levels around $60,000. But investors and speculators aren't the only ones trying to profit […]
- NSP
This home-fitness brand is all flash and no substance... Peloton (PTON) just reminded everyone earlier this month that the "At-Home Revolution" doesn't mean perpetual growth for all of the companies exposed to it. The stationary bike and treadmill maker missed on both top- and bottom-line estimates. It also took an axe to its forecasts, guiding […]
- CHGG
- NLS
- PTON
- TSLA
Imagine letting strangers choose what to do with $20 billion... By now, you've certainly heard about Tesla (TSLA) founder Elon Musk's recent shenanigans... Instead of going to a financial advisor or lawyer, Musk turned to Twitter (TWTR) on November 6 to crowdsource the decision on whether or not to sell 10% of his Tesla holdings. […]
- F
- TM
- TSLA
- TWTR
- VOW3.DE
Lumber, copper, uranium, steel, sugar… There is another commodity shooting up in price... The global supply chain breakdown is a dominant theme throughout the business world right now. We hear about it constantly on almost every management earnings call. One of the more concerning cases is sourcing silicon, which is tied to auto and electronic […]
- ELKO.OL
The Sohn Conference is one of the biggest days of the year in hedge-fund land... Every year, many of Wall Street's brightest hedge fund managers get together for what The Wall Street Journal calls the "Super Bowl of investor conferences." The event is known as the Sohn Investment Conference, an annual charity for children's cancer […]
Private Equity firms are looking to consolidate health care providers... One company that has a great pulse on what's going on in the land of private equity ("PE") and venture capital ("VC") is PitchBook Data. PitchBook operates a Software as a Service ("SaaS") business in the capital markets space. It helps investors get a […]
- AMEH