"Key Investing Lesson from Tesla, Intel, Levi's, Citi Earnings Reports"

Several iconic companies, including Tesla, Intel, Levi's, and Citi, have reported weak earnings and outlooks, signaling a stumbling trend in the still-solid economy. This raises questions about the performance of their rivals and the overall economic cycle. The lesson for investors is to be cautious of seemingly "cheap" stocks with poor earnings and outlooks, as they may indicate underlying issues such as poor execution or industry challenges. This highlights the importance of reading earnings call transcripts to make informed investment decisions.