Seeking catalyst driven opportunity
Key Points The S&P 500 was recently down by as much as 9% from its peak because of the war between the U.S. and Iran, but it rocketed to a new record high on Wednesday, April 15. The stock market isn’t out of the woods …
Key Points A saturated new-energy vehicle market and competitive landscape have created a price war in China. China’s auto exports are surging as automakers turn it into a low-cost export hub. Ford and Kia were leading the strategic shift, enabling them to keep doing business …
Key Points SpaceX will host its IPO roadshow in early June, putting the company on track to list its share over the summer. SpaceX is reportedly seeking an initial valuation of $1.75 trillion, which would make it the largest IPO in history. Stock that go …
The broader market is seeing a sea of green on Friday as sentiment grows for a prolonged truce between the U.S. and Iran, but the most notable stock sitting out the rally is Netflix NFLX). Reporting weaker-than-expected Q1 earnings and guidance yesterday evening, Netflix stock …
Key Points Analyst expectations can change over time, and while they aren’t perfect or guaranteed predictors of where a stock might go, they can be helpful in gauging the level of bullishness around a stock. If the market sentiment is strong around a business and …
Alphabet GOOGL shares have returned 7.4% year to date (YTD), outperforming the Zacks Computer & Technology sector’s 4.1%. The company’s prospects are expected to benefit from its growing AI-powered search capabilities and significant investments in cloud computing. However, capacity constraints, despite the improving pace of …
Here’s a quick recap of the crypto landscape for Friday (April 17) as of 12 noon UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$75,589.10, up by 4.2 percent over …
I like Warren Buffett’s statement that his “favorite holding period is forever.” However, like Buffett, I don’t usually end up holding stocks for as long as I expected to when I bought them. Things change. But I fully intend to hang on to quite a …
Key Points As the artificial intelligence (AI) story began to unfold, Nvidia (NASDAQ: NVDA) quickly emerged as the leading character. And this has remained the case chapter after chapter. Nvidia got into this market early, developing high-powered graphics processing units (GPUs) to specifically serve the …
AMCON Distributing Company DIT shares have gained 23.1% year to date compared with the industry’s 11.9% growth. The company has outperformed other industry players, including Carrefour SA CRRFY and J Sainsbury plc JSAIY. Shares of Carrefour and J Sainsbury have rallied 18.8% and 7.5%, respectively, …