New Post

Author

Michael Luo
June 24, 2024

Here’s the latest “under the radar” stock news from Reddit in the last 24 hours that you don’t want to miss, as picked by Fluid Bot’s AI.

Why space industry and $rklb could be the next big thing 

  • Space industry projected to be worth over $1 trillion by 2040

  • Rocket Lab ( $RKLB ) positioned as a major player in the industry with Electron rocket for small satellite launches

  • Strength in conducting frequent and reliable launches

  • Diversifying services beyond rocket launches

  • Secured government contracts with NASA and U.S. Department of Defense

  • Innovating with reusability efforts, aiming to lower costs and increase affordability

  • Potential promising investment in Rocket Lab and space industry; advises to research and consider risks

‘Phantom debt’ is flying under the radar — and it could be a problem for the U.S. economy ~CNBC 

  • Buy now, pay later loans increased nearly 1,100% between 2019 and 2021

  • Debt from these loans is called "phantom debt" due to lack of visibility

  • Juniper Research estimates BNPL transactions could reach $700 billion by 2028

  • Concerns about abuse by consumers and lenders

  • Offers for installments seen on DoorDash

  • "Phantom debt" refers to the debt accumulated from buy now, pay later loans, which is unclear in amount and repayment status

  • Data from the Consumer Financial Protection Bureau shows nearly 1,100% increase in these loans from 2019 to 2021

  • Juniper Research predicts these transactions to reach almost $700 billion by 2028

  • The rise in phantom debt poses a risk to the economy and consumers' financial stability

TSMC Outlook Improves on Possible Price Hike, and Incremental AI PC and Datacenter Demand $214 fair value estimate 

  • Company: Taiwan Semiconductor Manufacturing Co Ltd ADR

  • Stock Ticker: TSM

  • Morningstar Rating for Stocks: Fair Value, Economic Moat, Capital Allocation

  • Outlook improving on possible price hike, and increased demand in AI PC and datacenter

  • TSMC is the world's largest contract chip manufacturer

  • Business strategy involves making integrated circuits for customers based on their designs

  • TSMC benefits from semiconductor industry transitioning to fabless designers

  • Foundries like TSMC assume costs and capital expenditures in a cyclical market

$LLY up potential

  • $LLY revenues are driven by a glp-1 weight loss drug facing supply issues

  • Demand for Zepbound in big cities seems to be improving

  • Competitor $NVO had fires in its factory, potentially limiting supply

  • Potential upside for $LLY stock if supply improves

  • Speculation of stock split announcement for $LLY