📌 Your Midweek Bulletin - July 24, 2024

Enough is never enough ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

New to the Digest? Click here. Google Earnings: Enough is Never Enough Alex Moschina Publisher What does a tech megacorp have to do to earn some love around here? Shares of Tesla (TSLA) and Alphabet (GOOG) tumbled in the wake of concurrent earnings releases yesterday. For the second quarter, Tesla reported a 40% drop in profits compared to a year ago. Income failed to meet analyst expectations. To cap it all off, the company warned that its "vehicle volume growth rate [in 2024] may be notably lower than the growth rate achieved in 2023." Ouch. [The Strange Number That Could Supercharge Your Income Each Month] It's just more proof of what Shah has been saying since March... that when it comes to Tesla, investors ought to proceed with caution. But what about Alphabet? Despite yesterday's post-earnings tumble, the stock is up almost 40% since Shah called it a "Buy" in November. "You wanna own Google," he said on November 8. "It's a 'buy' here, it's a 'buy' anywhere." View larger image With yesterday's release, the company beat both top- and bottom-line expectations, delivering $84.7 billion in revenue for the second quarter. Earnings per share grew more than 30% compared to Q2 2023. And yet, this morning in pre-trading, the stock was down almost 5% from yesterday's close. Even though the stock bounced back, the initial response suggests enough is never enough. SPONSORED AI SINGULARITY IS 3 MONTHS AWAY This is the exact moment when AI will throw off its shackles, instantly growing billions of times more intelligent than Einstein. A two-time hedge fund manager is sharing a "Singularity Investor Playbook" you can use to position yourself at the forefront of this historic moment. TAKE THESE 3 STEPS NOW   While overall advertising revenue beat estimates, ad revenue from YouTube - specifically - underperformed. And then there's the company's ongoing expansion into the realm of AI. In the second quarter, Alphabet's investment in AI doubled from what it spent during Q2 2023 - to more than $2 billion. Unfortunately, the company can't shake the perception that - despite that big increase in spending - it's still behind the eight ball as far as its generative AI models go. After all, it was just two months ago that news outlets reported Gemini - Google's AI search feature - had been telling users to eat rocks (among other inedible things). Even so, remember that we remain in the early stages of the AI story. And, not for nothing, Gemini isn't the only AI tool that's delivering weird responses to its users. SPONSORED Americans to Pay BIG-TIME for Biden's Oil Blunder It's bad enough he shut down the Keystone XL pipeline. And it certainly doesn't help that he just canceled seven oil and gas leases in Alaska. But THIS may be Biden's most heinous move in his war against oil. Most Americans could soon be left scrambling. CLICK HERE to see how to prepare.   As Popular Science reported back in February, OpenAI's ChatGPT has had bouts of delivering "long strings of comically odd nonsensical gibberish devoid of any comprehensible meaning." The big difference is... Alphabet is a $2.2 trillion publicly traded company. Unlike OpenAI, we can track the market's reaction to its every misstep, practically in real time. And so, to the untrained eye, the immediate post-earnings performance would suggest that both Tesla and Alphabet delivered poor Q2 results. But the reality is, Tesla is reeling as its grip on the EV space weakens... While Alphabet continues to make the case that AI will revolutionize how folks interact with the web, and its core products. They are not the same. Have a great week, Alex P.S. As the AI race heats up, Shah has uncovered a small company that solves the biggest problem holding back AI. As demand for its unique AI solution skyrockets, sales could soar as high as 4,735% in the next year alone... Click here for details. SPONSORED Alternative Investment Triples the S&P 500 Returns! Discover a little-known, under-$50 investment that's outperformed the S&P 500 for two decades! Discover how you can access this investment opportunity that's been a secret weapon for the world's richest investors. Click Here to Find Out More   What Else We're Talking About   A Track Record No One Should Trust As we approach the election, Joel Salatin shares a controversial platform for solving our problems. See his solution here... A Perfect Storm of Politics, Earnings, and Economic Data Tech stocks took a beating last week... the markets jumped in early Monday trading... and some big data awaits. Shah breaks down the week in trading here... Three Rules for High-Risk, High-Reward Investing High risk, high-reward investing is back. Whether you're looking at crypto, high-growth stocks or small caps... here are three rules for jumping in. Keep reading... Want more content like this? YES NO   Alex Moschina Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada.   Was this email forwarded to you? Click here to sign up! You are receiving this email because you subscribed to Manward Digest. To unsubscribe from Manward Digest, click here. Need help with your account? Click here. Have a question or comment for the editor? Click here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Manward Press, LLC | Attn: Support Team | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.682.5210 | International: +1.443.353.4263 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Manward Digest. © 2024 Manward Press, LLC | All Rights Reserved Nothing published by Manward Press, LLC should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Manward Press, LLC should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Manward Press, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.