*Best 10 undervalued stocks to buy now: Morningstar*

The stock market has been on a tear recently, with the S&P 500 soaring 11% since Oct. 27. That may give you pause about investing in stocks now. But if you do want to increase your equity holdings, you might consider Morningstar’s list of the 10 best stocks to buy now. The list is filtered from Morningstar’s roster of the 131 best stocks to buy in general. These companies have strong fundamentals: competitive advantages, predictable cash flows and strong managements. Morningstar assigns all the companies wide moats, meaning it sees them with competitive advantages that will last 20 years or more. Morningstar culled the 10 most undervalued stocks among those 131 to create the top 10 list for right now. It measures undervaluation based on its fair-value estimates as of Nov. 28. Here is the list, starting with the most undervalued stock as of that date.Restaurants, Drugs and Cosmetics 1. Yum China (YUMC) - Get Free Report, China’s largest restaurant chain, which includes KFC Morningstar fair value estimate: $80. Monday closing price: $42.05. The company grew its individual restaurant total by 36% from 2019 to 2022, according to Morningstar. “Now that China’s zero-covid policy is in the rearview mirror, we expect these new restaurants to not only deliver significant incremental revenue but also be accretive to margins,” wrote Morningstar analyst Ivan Su. “Over the next several years, we expect Yum China to speed up new unit openings.” 2. Roche Holding (RHHBY) - Get Free Report, a Swiss drug company Morningstar fair value estimate: $56. Monday closing price: $35.43. “We think Roche's drug portfolio and industry-leading diagnostics conspire to create maintainable competitive advantages,” wrote Morningstar analyst Karen Andersen. “As the market leader in both biotech and diagnostics, this Swiss healthcare giant is in a unique position to guide global healthcare into a safer, more personalized, and more cost-effective endeavor.” 3. Pfizer (PFE) - Get Free Report, the pharmaceutical company Morningstar fair value estimate: $47. Monday closing price: $29.30. “Pfizer's foundation remains solid, based on strong cash flows generated from a basket of diverse drugs,” wrote Morningstar analyst Damien Conover. “The company's large size confers significant competitive advantages in developing new drugs.” 4. Estee Lauder (EL) - Get Free Report, the cosmetics company Morningstar fair value estimate: $200. Monday closing price: $138.95. 5. Zimmer Biomet (ZBH) - Get Free Report, a medical equipment company Morningstar fair value estimate: $175. Monday closing price: $116.90.Tobacco, Food, Chemicals 6. Imperial Brands (IMBBY) - Get Free Report, a British tobacco company, the world’s fourth largest. Morningstar fair value estimate: $36. Monday closing price: $24.15. 7. GSK (GSK) - Get Free Report, the British drug company Morningstar fair value estimate: $54. Monday closing price: $36.65. 8. Campbell Soup (CPB) - Get Free Report, the soup company Morningstar fair value estimate: $61. Monday closing price: $41. 9. Corteva (CTVA) - Get Free Report, an agricultural chemicals company Morningstar fair value estimate: $67. Monday closing price: $45.20. 10. British American Tobacco (BTI) - Get Free Report Morningstar fair value estimate: $47. Monday closing price: $31.90.
[Read more...](https://www.thestreet.com/investing/stocks/10-best-undervalued-stocks-morningstar)

Best 10 undervalued stocks to buy now: Morningstar

The stock market has been on a tear recently, with the S&P 500 soaring 11% since Oct. 27. That may give you pause about investing in stocks now. But if you do want to increase your equity holdings, you might consider Morningstar’s list of the 10 best stocks to buy now. The list is filtered from Morningstar’s roster of the 131 best stocks to buy in general. These companies have strong fundamentals: competitive advantages, predictable cash flows and strong managements. Morningstar assigns all the companies wide moats, meaning it sees them with competitive advantages that will last 20 years or more. Morningstar culled the 10 most undervalued stocks among those 131 to create the top 10 list for right now. It measures undervaluation based on its fair-value estimates as of Nov. 28. Here is the list, starting with the most undervalued stock as of that date.Restaurants, Drugs and Cosmetics 1. Yum China (YUMC) - Get Free Report, China’s largest restaurant chain, which includes KFC Morningstar fair value estimate: $80. Monday closing price: $42.05. The company grew its individual restaurant total by 36% from 2019 to 2022, according to Morningstar. “Now that China’s zero-covid policy is in the rearview mirror, we expect these new restaurants to not only deliver significant incremental revenue but also be accretive to margins,” wrote Morningstar analyst Ivan Su. “Over the next several years, we expect Yum China to speed up new unit openings.” 2. Roche Holding (RHHBY) - Get Free Report, a Swiss drug company Morningstar fair value estimate: $56. Monday closing price: $35.43. “We think Roche's drug portfolio and industry-leading diagnostics conspire to create maintainable competitive advantages,” wrote Morningstar analyst Karen Andersen. “As the market leader in both biotech and diagnostics, this Swiss healthcare giant is in a unique position to guide global healthcare into a safer, more personalized, and more cost-effective endeavor.” 3. Pfizer (PFE) - Get Free Report, the pharmaceutical company Morningstar fair value estimate: $47. Monday closing price: $29.30. “Pfizer's foundation remains solid, based on strong cash flows generated from a basket of diverse drugs,” wrote Morningstar analyst Damien Conover. “The company's large size confers significant competitive advantages in developing new drugs.” 4. Estee Lauder (EL) - Get Free Report, the cosmetics company Morningstar fair value estimate: $200. Monday closing price: $138.95. 5. Zimmer Biomet (ZBH) - Get Free Report, a medical equipment company Morningstar fair value estimate: $175. Monday closing price: $116.90.Tobacco, Food, Chemicals 6. Imperial Brands (IMBBY) - Get Free Report, a British tobacco company, the world’s fourth largest. Morningstar fair value estimate: $36. Monday closing price: $24.15. 7. GSK (GSK) - Get Free Report, the British drug company Morningstar fair value estimate: $54. Monday closing price: $36.65. 8. Campbell Soup (CPB) - Get Free Report, the soup company Morningstar fair value estimate: $61. Monday closing price: $41. 9. Corteva (CTVA) - Get Free Report, an agricultural chemicals company Morningstar fair value estimate: $67. Monday closing price: $45.20. 10. British American Tobacco (BTI) - Get Free Report Morningstar fair value estimate: $47. Monday closing price: $31.90.
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*Форма одежды и знаки*

Форма одежды и знаки различия милиции июнь 1975-12 июня 1990 года. Приказом МВД СССР № 140 от 2.06.1975 г. внесены изменения и дополнения в существующую форму одежды милиции.via forma full 5 https://ift.tt/RyOTfXI Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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Форма одежды и знаки

Форма одежды и знаки различия милиции июнь 1975-12 июня 1990 года. Приказом МВД СССР № 140 от 2.06.1975 г. внесены изменения и дополнения в существующую форму одежды милиции.via forma full 5 https://ift.tt/RyOTfXI Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*Военизированная*

Военизированная охрана (ВОХР) — вооружённые боевым ручным стрелковым огнестрельным оружием специализированные подразделения охраны с особым правовым статусом...via forma full 5 https://ift.tt/mUOTJ1l Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3580249.html)

Военизированная

Военизированная охрана (ВОХР) — вооружённые боевым ручным стрелковым огнестрельным оружием специализированные подразделения охраны с особым правовым статусом...via forma full 5 https://ift.tt/mUOTJ1l Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*Сухпаек - ИРП*

Боеспособность каждого отдельного бойца зависит от его морально-волевых качеств, навыков обращения с оружием и боевой техникой, а также физической подготовки.via forma full 5 https://ift.tt/mIw8gYk Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3584777.html)

Сухпаек - ИРП

Боеспособность каждого отдельного бойца зависит от его морально-волевых качеств, навыков обращения с оружием и боевой техникой, а также физической подготовки.via forma full 5 https://ift.tt/mIw8gYk Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*The Top 10 Products That AT Readers Bought During Black Friday and Cyber Monday (And Some Are on Sale!)*

Snag them before the holidays! READ MORE...
[Read more...](https://www.apartmenttherapy.com/reader-favorite-black-friday-cyber-monday-products-37350537?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)

*Amazon's Fire TV Stick 4K boasts 228,000+ perfect ratings and is a great stocking stuffer at just $25*

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Streaming sticks are one of the most helpful devices on the market, as they simply plug into your TV and instantly make it smart with access to major streaming services. One of the most popular and well-reviewed is Amazon’s Fire TV Stick 4K. It boasts over 228,800 five-star ratings, comes bundled with an Alexa voice remote, and is a massive 50% off at just $25. Whether you need a stocking stuffer, a holiday gift, or just want to upgrade your TV-watching experience, now is an excellent time to score it. In addition to saving on the Fire TV Stick itself, you’ll score six months MGM+ for free, and Prime members get free, fast shipping. While this is the previous-generation Fire TV Stick 4K, you’ll find that it still delivers a terrific streaming experience that will last for years to come.Amazon Fire TV Stick 4K, $25 (was $50) at Amazon Courtesy of Amazon Small yet mighty, the Fire TV Stick 4K plugs into the HDMI on your TV, so it’s out of sight and out of mind. After that, you’ll run through a quick setup and be ready to stream. Like a Roku, Apple TV, or Chromecast, you’ll get access to apps for all the major streaming services on the Fire TV Stick. Prime Video, Peacock, Apple TV+, Disney+, and Paramount+ are streamable here. Remember, you’ll need accounts for the individual services to stream. Unique to the Fire TV Stick 4K is the ability to control the experience with your voice. Thanks to the included Alexa Voice Remote, you can ask the assistant to find a specific show, open an individual app, or answer any other question. Like Alexa on Echo, you can ask for the weather, get an update on the news, or even control other smart home gadgets. You can use the Fire TV Stick 4K with any TV that features an HDMI port. Even if your TV isn’t 4K on its own, this streamer stick supports up to a 4K UHD (2160p) experience and HDR 10, HDR 10+, Dolby Vision, and HLG visual standards, among others. This way, whatever you’re streaming will always look its best. Beyond streaming TV shows and movies, you can also play games and view the status of smart home devices with the Fire Stick. So if motion is detected on a Blink camera or someone rings a Ring Doorbell, you can pull up the live feed on your TV. At just $25 ahead of the holidays, the previous-generation Fire TV Stick 4K is an excellent gift for someone in desperate need of a TV upgrade. While it’s not the latest model, it’s still an excellent deal on one of the best streaming sticks available. Best of all, though, it’ll arrive way before the holidays.
[Read more...](https://www.thestreet.com/deals/fire-tv-stick-4k-sale-amazon)

Amazon's Fire TV Stick 4K boasts 228,000+ perfect ratings and is a great stocking stuffer at just $25

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Streaming sticks are one of the most helpful devices on the market, as they simply plug into your TV and instantly make it smart with access to major streaming services. One of the most popular and well-reviewed is Amazon’s Fire TV Stick 4K. It boasts over 228,800 five-star ratings, comes bundled with an Alexa voice remote, and is a massive 50% off at just $25. Whether you need a stocking stuffer, a holiday gift, or just want to upgrade your TV-watching experience, now is an excellent time to score it. In addition to saving on the Fire TV Stick itself, you’ll score six months MGM+ for free, and Prime members get free, fast shipping. While this is the previous-generation Fire TV Stick 4K, you’ll find that it still delivers a terrific streaming experience that will last for years to come.Amazon Fire TV Stick 4K, $25 (was $50) at Amazon Courtesy of Amazon Small yet mighty, the Fire TV Stick 4K plugs into the HDMI on your TV, so it’s out of sight and out of mind. After that, you’ll run through a quick setup and be ready to stream. Like a Roku, Apple TV, or Chromecast, you’ll get access to apps for all the major streaming services on the Fire TV Stick. Prime Video, Peacock, Apple TV+, Disney+, and Paramount+ are streamable here. Remember, you’ll need accounts for the individual services to stream. Unique to the Fire TV Stick 4K is the ability to control the experience with your voice. Thanks to the included Alexa Voice Remote, you can ask the assistant to find a specific show, open an individual app, or answer any other question. Like Alexa on Echo, you can ask for the weather, get an update on the news, or even control other smart home gadgets. You can use the Fire TV Stick 4K with any TV that features an HDMI port. Even if your TV isn’t 4K on its own, this streamer stick supports up to a 4K UHD (2160p) experience and HDR 10, HDR 10+, Dolby Vision, and HLG visual standards, among others. This way, whatever you’re streaming will always look its best. Beyond streaming TV shows and movies, you can also play games and view the status of smart home devices with the Fire Stick. So if motion is detected on a Blink camera or someone rings a Ring Doorbell, you can pull up the live feed on your TV. At just $25 ahead of the holidays, the previous-generation Fire TV Stick 4K is an excellent gift for someone in desperate need of a TV upgrade. While it’s not the latest model, it’s still an excellent deal on one of the best streaming sticks available. Best of all, though, it’ll arrive way before the holidays.
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**

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[Read more...](https://mas.to/@analogindex/111524480480460579)

Detected change on http://feed.informer.com/widgets/W1BPKT0XMB: http://feed.informer.com/widgets/W1BPKT0XMB?diffydate=1701720184
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*Композитный*

Композитный подносок - это защитный элемент в рабочей обуви, предохраняющий ногу от удара силой в 200 Дж. Подноски из композитных материалов отличаются небольшим весом.via forma full 5 https://ift.tt/P0ITDCh Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3580096.html)

Композитный

Композитный подносок - это защитный элемент в рабочей обуви, предохраняющий ногу от удара силой в 200 Дж. Подноски из композитных материалов отличаются небольшим весом.via forma full 5 https://ift.tt/P0ITDCh Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*A viral Vietnamese wood artist made a special creation for Elon Musk*

An old proverb said that "imitation is the sincerest form of flattery," but for one admirer of Elon Musk, his attention bore meaningful fruit. Related: Here are all the issues with Elon Musk's Cybertruck Although Tesla has has begun deliveries of the long-awaited Cybertruck on Nov. 30, a Vietnam-based wood artist named Truong Van Dao took matters into his own hands and built his own. Tesla co-founder and CEO Elon Musk stands in front of the shattered windows of the newly unveiled all-electric battery-powered Tesla's Cybertruck at Tesla Design Center in Hawthorne, Calif. on Nov. 21, 2019. FREDERIC J. BROWN/Getty Images But instead of the shiny, stainless steel panels that cover all the sharp edges of the real, $61,000 Tesla (TSLA) - Get Free Report Cybertruck, the Bad Ninh native made his out of an equally radical material — wood. Dao, a car enthusiast at heart, has made several working replicas of various vehicles using his skills as a woodworker, including a Bugatti, a Mercedes AVTR concept car for his children and a full-size tank. The Cybertruck replica in total, took Van Dao 100 days to make and documented on his YouTube channel, where he built the working, driving model from the ground up. Starting from a metal chassis and frame, the artist used wood panels to simulate each and every panel of the Cybertruck, down to its unusually shaped steering wheel, seats and even its signature wheel covers. In addition, Dao added real LED headlights and taillights, an illuminated X (formerly known as Twitter) logo on the driver's door, as well as a functional Cyberquad that can be removed from the truckbed via a functioning ramp. The wood artist reached out to Musk on X, where he expressed his gratitude and admiration for his company and offered the replica to the Tesla CEO. Sure, much appreciated ❤️— Elon Musk (@elonmusk) November 3, 2023 Elon Musk himself replied to the tweet featuring the thoughtful gift. "Sure, much appreciated," he replied. More Elon Musk:Investors have finally had enough of Tesla CEO Elon MuskJim Cramer says Elon Musk has a ‘mental condition’Elon Musk makes an enormous promise for one of his more unusual ventures Videos detailing the construction of Dao's creation have garnered more than 70 million views on TikTok alongside other videos of his creations. View the original article to see embedded media. Unlock the secrets of the stock market with Real Money Pro. Gain direct access to elite portfolio managers' top stock picks and time-tested investment strategies. Embark on your journey to financial success — start now.
[Read more...](https://www.thestreet.com/electric-vehicles/a-viral-vietnamese-wood-artist-made-a-special-creation-for-elon-musk)

A viral Vietnamese wood artist made a special creation for Elon Musk

An old proverb said that "imitation is the sincerest form of flattery," but for one admirer of Elon Musk, his attention bore meaningful fruit. Related: Here are all the issues with Elon Musk's Cybertruck Although Tesla has has begun deliveries of the long-awaited Cybertruck on Nov. 30, a Vietnam-based wood artist named Truong Van Dao took matters into his own hands and built his own. Tesla co-founder and CEO Elon Musk stands in front of the shattered windows of the newly unveiled all-electric battery-powered Tesla's Cybertruck at Tesla Design Center in Hawthorne, Calif. on Nov. 21, 2019. FREDERIC J. BROWN/Getty Images But instead of the shiny, stainless steel panels that cover all the sharp edges of the real, $61,000 Tesla (TSLA) - Get Free Report Cybertruck, the Bad Ninh native made his out of an equally radical material — wood. Dao, a car enthusiast at heart, has made several working replicas of various vehicles using his skills as a woodworker, including a Bugatti, a Mercedes AVTR concept car for his children and a full-size tank. The Cybertruck replica in total, took Van Dao 100 days to make and documented on his YouTube channel, where he built the working, driving model from the ground up. Starting from a metal chassis and frame, the artist used wood panels to simulate each and every panel of the Cybertruck, down to its unusually shaped steering wheel, seats and even its signature wheel covers. In addition, Dao added real LED headlights and taillights, an illuminated X (formerly known as Twitter) logo on the driver's door, as well as a functional Cyberquad that can be removed from the truckbed via a functioning ramp. The wood artist reached out to Musk on X, where he expressed his gratitude and admiration for his company and offered the replica to the Tesla CEO. Sure, much appreciated ❤️— Elon Musk (@elonmusk) November 3, 2023 Elon Musk himself replied to the tweet featuring the thoughtful gift. "Sure, much appreciated," he replied. More Elon Musk:Investors have finally had enough of Tesla CEO Elon MuskJim Cramer says Elon Musk has a ‘mental condition’Elon Musk makes an enormous promise for one of his more unusual ventures Videos detailing the construction of Dao's creation have garnered more than 70 million views on TikTok alongside other videos of his creations. View the original article to see embedded media. Unlock the secrets of the stock market with Real Money Pro. Gain direct access to elite portfolio managers' top stock picks and time-tested investment strategies. Embark on your journey to financial success — start now.
Read more...

*A Dated Kitchen’s Wallet-Friendly Upgrades Tone Down the Brown*

Before, the cabinets, floors, and counters in this kitchen were “way too brown,” the homeowner says. READ MORE...
[Read more...](https://www.apartmenttherapy.com/kitchen-makeover-seafoam-painted-cabinets-ba-37349246?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)

*Walmart makes a major move following Elon Musk advertiser comments*

As the largest retailer in the world, Walmart (WMT) - Get Free Report has a lot to answer for on a day to day basis. Typically, that means solving for logistical quandaries, making sure it's keeping up with peer competitors (and maintaining its edge, in many cases), and keeping its customers safe. Related: Walmart adding a convenient new store feature customers will love The secret to Walmart's success hasn't come overnight. The superstore, which has a location within 10 miles of 90% of the U.S. population, has spent decades developing consumer trust and iterating so it can pick up even more — or more frequent — customers. And brand trust is of utmost importance, and for Walmart this usually means delivering quality products at competitive value, and very rarely weeding into debates about identity politics, culture wars, individuals, or other potential inflammatory topics. This means that while other retailers, like Target (TGT) - Get Free Report, have gotten mired in the constant tug of war that is American political dialogue on social media, it largely stayed above the fray and stayed mum on what causes it does — or doesn't support. This is a smart strategy. Though recent comments made by Tesla and X CEO Elon Musk have whipped many large companies into a frenzy over the topic of advertising on the platform. Walmart discusses advertising on X Asked last week by New York Times and CNBC reporter Andrew Ross Sorkin at the DealBook summit about advertisers leaving X, Elon Musk didn't mince words. “I don’t want them to advertise,” he said. “If someone is going to blackmail me with advertising or money go f**k yourself. Go. F**k. Yourself. Is that clear? Hey Bob, if you’re in the audience, that’s how I feel," he added, referring to Disney's Bob Iger. Speaking at the 2023 DealBook Summit in New York on Wednesday, Elon Musk, the owner of social media site X (formerly Twitter), scoffed at advertisers boycotting the platform. https://t.co/u0oVfba34b pic.twitter.com/V3r1iYo2h5— CNBC (@CNBC) November 29, 2023 Understandably, his comments raised more than a few eyebrows. But Musk, it seems, is prepared to play hardball. He reminded the audience -- many of whom are ostensibly X users, that the social media platform relies on advertising almost wholly to function. "What this advertising boycott is going to do, it's going to kill the company," he explained, with a long, dramatic pause. "And the whole world will know that those advertisers killed the company. And we will document it in great detail." Many large companies have already abandoned advertising on the platform, including Disney, Apple (AAPL) - Get Free Report, and Coca Cola (KO) - Get Free Report. When asked about its advertising strategy on X, however, Walmart struck a notably different note. "We are not actively advertising on X," a spokesman said following Musk's comments. "This is not about a specific change to our advertising policies. We've simply decreased spend over time to align with performance." "We're constantly optimizing our marketing efforts," they added. "These decisions are made in a dynamic market and could change in the future." Walmart added later that it had since found other advertising platforms that work better for the value. "We aren’t advertising on X as we’ve found other platforms to better reach our customers," it said Dec. 1.
[Read more...](https://www.thestreet.com/retailers/walmart-makes-a-major-move-following-elon-musk-advertiser-comments)

Walmart makes a major move following Elon Musk advertiser comments

As the largest retailer in the world, Walmart (WMT) - Get Free Report has a lot to answer for on a day to day basis. Typically, that means solving for logistical quandaries, making sure it's keeping up with peer competitors (and maintaining its edge, in many cases), and keeping its customers safe. Related: Walmart adding a convenient new store feature customers will love The secret to Walmart's success hasn't come overnight. The superstore, which has a location within 10 miles of 90% of the U.S. population, has spent decades developing consumer trust and iterating so it can pick up even more — or more frequent — customers. And brand trust is of utmost importance, and for Walmart this usually means delivering quality products at competitive value, and very rarely weeding into debates about identity politics, culture wars, individuals, or other potential inflammatory topics. This means that while other retailers, like Target (TGT) - Get Free Report, have gotten mired in the constant tug of war that is American political dialogue on social media, it largely stayed above the fray and stayed mum on what causes it does — or doesn't support. This is a smart strategy. Though recent comments made by Tesla and X CEO Elon Musk have whipped many large companies into a frenzy over the topic of advertising on the platform. Walmart discusses advertising on X Asked last week by New York Times and CNBC reporter Andrew Ross Sorkin at the DealBook summit about advertisers leaving X, Elon Musk didn't mince words. “I don’t want them to advertise,” he said. “If someone is going to blackmail me with advertising or money go fk yourself. Go. Fk. Yourself. Is that clear? Hey Bob, if you’re in the audience, that’s how I feel," he added, referring to Disney's Bob Iger. Speaking at the 2023 DealBook Summit in New York on Wednesday, Elon Musk, the owner of social media site X (formerly Twitter), scoffed at advertisers boycotting the platform. https://t.co/u0oVfba34b pic.twitter.com/V3r1iYo2h5— CNBC (@CNBC) November 29, 2023 Understandably, his comments raised more than a few eyebrows. But Musk, it seems, is prepared to play hardball. He reminded the audience -- many of whom are ostensibly X users, that the social media platform relies on advertising almost wholly to function. "What this advertising boycott is going to do, it's going to kill the company," he explained, with a long, dramatic pause. "And the whole world will know that those advertisers killed the company. And we will document it in great detail." Many large companies have already abandoned advertising on the platform, including Disney, Apple (AAPL) - Get Free Report, and Coca Cola (KO) - Get Free Report. When asked about its advertising strategy on X, however, Walmart struck a notably different note. "We are not actively advertising on X," a spokesman said following Musk's comments. "This is not about a specific change to our advertising policies. We've simply decreased spend over time to align with performance." "We're constantly optimizing our marketing efforts," they added. "These decisions are made in a dynamic market and could change in the future." Walmart added later that it had since found other advertising platforms that work better for the value. "We aren’t advertising on X as we’ve found other platforms to better reach our customers," it said Dec. 1.
Read more...