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
2026
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
1977
Carnival Corp. (CCL, CUK) recently released its Q2 2021 earnings report and still expects Q2 adjusted net loss of $2 billion.
June 30, 2021
1945
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
2010
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
2119
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
2012
Recent U.S. stats that showed astounding 7+% annual inflation of used cars, coupled with apparently lingering shortage of essential microprocessor chips, a vital component of all modern cars, resulted in a dynamic exhaustion of new models’ inventories globally.
June 18, 2021
2037
Meme stocks look like an elephant in the china store. After dramatic stumbles of the industry’s big names caused by the Archego Capital’s collapse, which was partly or wholly connected with contrarian rise of these meme stocks – particularly, GameStop (GME) and AMC Entertainment (AMC) – these wild beasts require more serious treatment.
June 15, 2021
2095
Beyond new surge of meme stocks, one of the most widely discussed news of the past week came in the form of approval for Biogen’s (BIIB) Alzheimer's drug Aduhelm. The approval polarized both the scientific and stock trading community. The stock, which on the day of the approval at one point peaked at about 64% gain, ended the week up about 40%.
June 14, 2021
2261
Is the aviation industry out of the woods yet? As the U.S.’s most adorable and annually longest 4th July-linked weekend approaches, investing in the outperforming airline stocks may be a refreshingly good idea amidst overall lukewarm market conditions.
June 8, 2021
1866
May 6, 2024
2926
April 12, 2024
2836
April 24, 2024
2778
