China’s crackdown on crypto currencies mining has grown into something even bigger – namely, the handful of leading public companies that China is going to ban.
July 26, 2021
2008
It’s good that investors are back to their focus on the ongoing corporate earnings reports. Led by gains in its hybrid cloud business, IBM (IBM) reported yesterday Q2 2021 earnings results that topped Wall Street expectations, and revenue that edged upward from the same period a year ago.
July 21, 2021
1977
After yesterday’s FOMC-look-alike lackluster presentation of Fed’s chief Jerome Powell before the Congressional leaders, the question of quality investment has been lifted to new highs.
July 15, 2021
1972
With yesterday’s launch of the first Virgin Galactic (SPCE) trip with Richard Branson on board, we must congratulate ourselves with the appearance of a new meme stock – perhaps, the king of all meme stocks. How many celebrities can these trips accommodate and what is the expected visitor return rate of this business?
July 12, 2021
2004
Pentagon suddenly canceled a $10 billion JEDI deal with Microsoft (MSFT). The move makes a significant negative impact on the company’s valuations, since investors have priced-in the corresponding revenue and cash flows.
July 7, 2021
2061
Yesterday Idaho-based Micron Technology reported its quarterly earnings results. Revenue came in at $7.42 billion against $6.24 billion for the prior quarter and $5.44 billion for the same period last year.
July 1, 2021
2012
Carnival Corp. (CCL, CUK) recently released its Q2 2021 earnings report and still expects Q2 adjusted net loss of $2 billion.
June 30, 2021
1977
FedEx (FDX, -4.34%) trades lower even after FQ4 revenue and profit at yesterday's financial report comfortably beat market expectations. The company is often referred to as the overall economy’s weather vane, so its earnings releases can’t be missed.
June 25, 2021
2046
According to the Wall Street Journal, Taiwan Semiconductor Manufacturing Co.’s (TSM) enormous market niche poses risks to the entire global economy, amid geopolitical tensions between the U.S. and China and a protracted worldwide microchip shortage.
June 24, 2021
2153
The market we are eyeing now is not retreating – rather it is increasingly chasing quality and value. Although being considered a cyclical stock, Adobe (ADBE) possesses both.
June 21, 2021
2050
May 6, 2024
2968
April 12, 2024
2887
April 24, 2024
2874
