Investing Koala

Snapshot of market

Drones Drones Drones

In a capitalist world there is never a bad time to invest, it is the first time in modern history we have seen drones being used at such a scale. Iran’s attack on Israel provides a glimpse of what a modern war may look like. so sell your humble abode and put it all into drone companies 😄 

Maybe not to that extreme but it is definitely something to consider

AeroVironment

With a market capitalization of about $3.6 billion, AeroVironment is smaller than larger defense companies, like Boeing and Northrop Grumman, that manufacture drones. However, it's an essential consideration for people who want concentrated drone exposure.

Tesla Time:

This news comes during a tough period for Tesla, which has already seen a 31% drop in share price this year. This is due to lower demand for electric vehicles and rising competition from Chinese manufacturers. Additionally, the company recently reported a decline in vehicle deliveries and production, the first annual drop since 2020.

29% of economists expect recession in next 12 months

Down from a local peak of 63% in Oct. 2022, and the lowest level since Apr. 2022’s 28%:

ASX Stocks that could EXPLODE

• WiseTech Global (ASX: WTC): A Driving Force in Logistics Software

  WiseTech Global is crushing it financially, boasting a 25% revenue hike and a 30% profit spike, thanks to both natural growth and savvy acquisitions. With Blume Global on board and logistics going digital, they're like the cool kid on the block, set to rule the logistics playground!

• Xero Limited (ASX: XRO): Revolutionizing Accounting with Cloud-Based Solutions

  Xero, the cloud accounting superhero, is booming with a 16% surge in subscribers and a whopping 28% increase in recurring revenue. With businesses flocking to the cloud, Xero's on a roll, dazzling users with features and integrations like confetti at a party. Watch out, financial world, here comes Xero!

• CSL Limited (ASX: CSL): Leading the Way in Biotechnology

  CSL Limited, the powerhouse behind life-saving therapies and vaccines, is on a roll. With the recent acquisition of Vifor Pharma, they're expanding their horizons into new markets like a fearless explorer. Their financials are singing a happy tune with 10% revenue growth and a 5% profit jump. Brace for impact, world!

• REA Group Limited (ASX: REA): Dominating the Digital Property Landscape

  
  REA Group, the property powerhouse, is riding high on Australia's real estate wave. With innovative digital wizardry, they've become the go-to for property aficionados. Diversification is their middle name, with ventures into finance and data insights. Financials? Boom! 22% revenue growth and a 27% profit leap. Watch them soar!

Tech

• Tesla lays off 10%+ of global workforce, eliminating 14K+ people.

• Rubrik to raise as much as $713M in IPO.

• Airchat, Naval’s social app built around talk, launches to public.

• Windows 11 testing ads on Start menu.

• WhatsApp lowers minimum age in Europe from 16 to 13

Crypto

• Bitcoin halvening (from 6.5 to 3.25 BTC/10 min.) expected on ~Sat.

• Hong Kong gives initial approvals for BTC, ETH ETFs

• Berachain increases funding round to $100M, at $1B+ valuation.

World

• Israeli war cabinet wants to hit back on Iran, but how/when unclear.

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