(Bloomberg) — Intuit Inc. Chief Executive Officer Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible tokens, and actively traded equities on commission-free websites could be dumbfounded at this year’s tax bill. “We’re gonna see a lot of that throughout tax season, where folks just didn’t understand what they did. […]
Read More(Bloomberg) — Advanced Micro Devices Inc. jumped as much as 10% in late trading after providing a surprisingly strong forecast for the current quarter, fueled by market-share gains and demand for server chips. First-quarter revenue will be $5 billion, plus or minus $100 million, AMD said Tuesday in a statement. That compares with an average […]
Read MoreNatural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Coal Royalty and Other, and Soda Ash. NRP $37.3100 -0.1000 % -0.2700 Natural Resource Partners LP Sector : Oils-Energy Industry : Coal Signal Short Term Trend Long Term Trend BUY […]
Read MoreKenon Holdings Ltd. (KEN) Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel and internationally. It operates in three segments: OPC, Quantum, and ZIM NiSource Inc. (NI) NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the […]
Read MoreConsumer Portfolio Services, Inc. (CPSS) Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. Matador Resources Company (MTDR) Matador Resources Company, […]
Read MoreBuy Price: $16.50 or better Sell Price: TradersPro Sell Signal Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. It owns 81% working interest in 642,300 net acres of developed land and 87% working interest in 376,700 net […]
Read More(Bloomberg) — The collapse in the shares of Paytm following India’s largest initial public offering is proving an expensive lesson for the firm’s early backers. Paytm shares have tumbled about 57% since the stock listed on Nov. 18. That’s cut the valuation of its parent One 97 Communications Ltd. to $7.8 billion from $20 billion. […]
Read MoreOne of the big recovery stories over the past year has come from the Aerospace industry, which includes commercial airlines. It really comes as no surprise to say that in 2020 and the early part of 2021 the industry was one of the biggest, unquestioned losers in the stock market after commercial travel dried up […]
Read More(Bloomberg) — The world’s biggest exchange-traded fund posted its worst monthly outflow in its near three-decade history with investors selling the Monday stock rebound en masse. The $407 billion SPDR S&P 500 ETF Trust, known by its ticker SPY, in January saw its biggest redemption since launching in 1993, according to data compiled by Bloomberg, […]
Read More(Bloomberg) — Israel’s most valuable private technology company is in talks to buy a U.S.-based business to establish a foothold in the world’s biggest economy ahead of an initial public offering. Breaking into the U.S. is part of plans by payments startup Rapyd, last valued at $10 billion in August, to increase its attractiveness to […]
Read More(Bloomberg) — A slew of better-than-expected earnings from technology companies after an ugly stock market selloff has made valuations in the sector a bit more appealing, luring in dip buyers ahead of another crucial week of the results season. The Nasdaq 100 index is extending gains from Friday’s rally, showing that investors are willing to […]
Read More(Bloomberg) — The Treasury yield curve flattened to the lowest level in over a year on Monday as the prospect of a super-sized Federal Reserve rate increase in March gained traction, weighing disproportionately on shorter-dated tenors. Two-year U.S. yields climbed 3 basis points to about 1.2% after Raphael Bostic, the president of the Fed’s Atlanta […]
Read More