(Bloomberg) — High-profile warnings over a possible US recession has investors bracing for a slowdown. Short interest in the $352 billion SPDR S&P 500 ETF Trust (ticker SPY) as a percentage of shares outstanding is above 7%, close to the highest since March 2020, IHS Markit Ltd. data show. Meanwhile, bets against the $19.5 billion […]
Read More(Bloomberg) — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, and that they won’t renegotiate the agreed-upon price of $54.20 per share. Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting […]
Read MoreON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. ON $56.8400 1.0100 % 1.8100 On Semiconductor Sector : Computer […]
Read MoreBank7 Corp. (BSVN) Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit services, including commercial checking, money market, and other deposit accounts. Investar Holding Corporation (ISTR) Investar Holding Corporation operates as the bank holding company for Investar Bank that […]
Read MorePerma-Pipe International Holdings, Inc. (PPIH) Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers provides and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations. Huadi International Group Co., Ltd. (HUDI) Huadi International Group Co., […]
Read MoreBuy Price: $65.45 or better Sell Price: TradersPro Sell Signal Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The stocks […]
Read MoreLooking for value in the stock market is something that I have found can be done in any market condition, but it is something that tends to get dismissed by most pundits simply because it isn’t very sexy. Popular, “buzzy” names like Tesla, Netflix, and Amazon practically never pass the value test because the massive […]
Read More(Bloomberg) — The selloff in global risk-assets against a backdrop of surging inflation and slowing growth is only getting started, some market participants believe. Faced with an increasingly hawkish Federal Reserve, the risks posed by Russia’s invasion of Ukraine and China’s strict Covid policies, the MSCI All Country World Index is nearing a bear market. […]
Read More(Bloomberg) — A benchmark ESG stock index has removed Tesla Inc., sparking a debate about which companies do — and don’t — pass muster with socially aware investors. Tesla has grown into a $735 billion company on the back of its breakthrough electric-vehicle engineering. Its own carbon footprint is a small fraction of its peers, […]
Read More(Bloomberg) — Marko Kolanovic is resolute that things can get better for U.S. stocks as the year progresses, even with the S&P 500 tumbling and bullish catalysts seeming rare these days. “We can climb out of this hole,” Kolanovic, JPMorgan Chase & Co.’s co-head of global research, said in an interview last week in his […]
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