Earnings Exchange: Disney, Super Micro, & Rivian

Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss three stocks: Disney, Super Micro, and Rivian.

[CiliniaFinnefrock]

Thanks for the analysis! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?

[scottw]

Rivian Seine is their latest model but it only comes in the river's Signature Brown and the interest free financing is only $99 a month for 99 years.

[TyquanBuford]

You're doing a fantastic job! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How should I go about transferring them to Binance?

[luckylenny]

Rivian is losing money on SUVs, Pickup trucks and Amazon Delivery Vans. Rivian has no gameplan for ever becoming profitable. On the earnings call, Rivian boasted it will eventually become positive on a "gross profit" basis. Hypesters have picked up on the "gross profit" nonsense. "Gross profit" is before expenses. It's a meaningless metric. Companies have to have "net income" or go out of business. Like all other money-losing companies, Rivian will eventually go out of business. In the meantime, I think Rivian may get sued for using the "gross profit" statement over and over again. Any money-losing company can be profitable before factoring in expenses. That's what "gross profit" is. On a GAAP basis, Rivian is losing $1.5 bill/qtr. In summary, Rivian is losing money on a gaap and cash flow basis. Boasting about achieving "gross profit" is pure propaganda