Today's video focuses on Disney (DIS +0.81%), Tesla (TSLA +2.52%), Paysafe (PSFE 0.15%), and Spotify (SPOT +1.29%). These four companies are the ones I have on my potential buying list due to recent stock price movements and news. Here are some highlights from the video.
- Paysafe has announced three acquisitions in the past few weeks: Viafintech, PagoEfectivo, and SafetyPay. All three acquisitions accelerate Paysafe's e-cash exposures and international exposures. The countries affected are those in Latin America and the DACH region in Europe.
- Tesla continues to show why it is more than just an automobile company. During Tesla's AI Day, the company showed plans for a Tesla Bot, a product that is driven by its vision-learning technology. Tesla also introduced its D1 chip to run its supercomputer, Dojo. The chip will be designed and built entirely by Tesla in-house procedures.
- For Disney's third-quarter earnings, the company reported roughly $17 billion in revenue, of which $4.2 billion came from direct-to-consumer media, which saw 57% year-over-year growth. This growth is driven by its streaming platforms, like Disney+, Hulu, and ESPN.
Click the video below for my full thoughts and analysis.
*Stock prices used were the closing prices of Aug. 27, 2021. The video was published on Aug. 29, 2021.
