throw-qqqqq

Sure, the stock price is up.

Currently trading at 3-4x historical valuation (20y typical range of forward P/E).

I was commenting on this though

> They bailed out Intel and the stock recovered.

I don’t think the stock (or the company) has recovered at all. Neither profits nor revenue (see my links above).

But hey, who knows what the future brings.

> Or do very physically active individuals require more Vitamin D?

IIUC, yes they do. They don’t “spend it” as such, they require higher serum levels overall (compared to sedative individuals, all else equals).

Sounds quite interesting! I do prefer to be explicit in low level programming.

> I consider it common knowledge TBH

For a seasoned C developer, I’d agree with you, but parent declares himself

> As someone who only writes C or C++ occasionally

… so I think it’s fair enough to not know such details.

C semantics has a few details that often surprise non-regulars, despite being such a small and simple language.

I agree that more explicit is almost always better in C. It’s difficult enough as is :D

I would do it exactly like you suggest, but using an explicitly sized type like uint32_t instead.

If I write firmware or low-level code, I almost exclusively use integers with explicit bitwidth.

> Market cap has nothing to do with free cash to absorb a $6billion loss

I agree. My wording was imprecise. I was trying to give an idea of the size of the company/ecosystem, using BNB’s market cap as a proxy.

As Binance doesn’t publish their financial statements, it’s difficult to get the more relevant metrics, like FCF.

What an arrogant assumption! I know the fucking difference between market cap and revenue.

I also know Binance is a privately held company that doesn’t publish financial statements. If you can tell me their P/E, go right ahead.

Not that I think P/E would have much use here. P/E is a relative valuation metric (how cheap/expensive).

The relevant metric would be something like FCF, as gizajob wrote, but again: not available.

I was trying to give an idea of the size of the company, that is all.

Binance has a market cap just shy of $100B, so a $5.8B sure hurts, but it’s not a showstopper I’d say.

IIUC: Brunel was into underage girls and intelligence agencies cannot employ kids..

> Can they procure their own uranium?

Nuclear power in China peaked around 2021 at ~5% of the total electricity mix. I don’t think it’s a factor.

China likes renewable and batteries because it’s the cheapest way to generate power. It’s cheaper to build solar plus battery storage, than building new coal plants.

> Used car prices are still higher than pre-COVID

Also if you adjust for inflation? (Which exploded after COVID)

Haha I know a skit from 1990, where the comedian makes this exact point.

He even takes it a step further:

“Why settle for turning back time just one hour? Think about how much we f*cked up the world in the past 30 years! Let’s turn time back 30 years and fix that mess!”

Again, no baseball card produces anything of value in the world. Many publicly traded companies do. They employe people and pay their salaries.

You seem to ignore that.

The economy is not based on the stocks, but on the value the underlying companies produce. E.g. Tesla makes cars, Google runs a search engine. Such companies impact the real world - Baseball cards collect dust.

It’s a broken comparison.