(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that it continues to win in its most lucrative market: data-center chips. AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. The company’s forecast includes a contribution from its acquisition of […]
Read More(Bloomberg) — Tiger Global Management’s performance problems are piling up. The firm’s hedge fund declined 15% in April, taking its loss in 2022 to 44%, according to people familiar with the matter. Tiger Global’s long-only fund was hit even worse, tumbling 25% last month and extending its drop for the year to 52%, said the […]
Read MoreComstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. CRK $18.8000 1.6800 % 9.8100 […]
Read MoreClick the symbol for the chart and signal Permianville Royalty Trust (PVL) Permianville Royalty Trust operates as a statutory trust. It owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and […]
Read MorePermianville Royalty Trust (PVL) Permianville Royalty Trust operates as a statutory trust. It owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico. BELLUS Health Inc. (BLU) BELLUS Health […]
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 MoreBuy Price: $7.15 or better Sell Price: TradersPro Sell Signal Hudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. The company’s products and services include refrigerant and industrial gas sales. The stocks founds in the One Hot Stock category use stocks that are in long […]
Read More(Bloomberg) — The negativity in the U.S. stock market has become so overwhelming that a rebound may not be far off, JPMorgan Chase & Co.’s strategists say. In a note to clients, analysts led by Marko Kolanovic pointed to the closely watched American Association of Individual Investors survey hitting the most bearish mark since early […]
Read More(Bloomberg) — The U.S. Treasury now anticipates a paydown in government debt this quarter, a turnaround after previously estimating net borrowing during the period, amid a surge in tax revenue. The Treasury’s new projections, released in Washington Monday, show debt managers now expect to pay down $26 billion of debt in the April-through-June period. That […]
Read MorePhillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market. PSX $87.5500 0.7900 % 0.9100 Phillips 66 Sector : Oils-Energy Industry : Oil – Refining and Marketing […]
Read MoreClick the symbol for the chart and signal Tsakos Energy Navigation Limited (TNP) Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. Ardmore Shipping Corporation (ASC) Ardmore Shipping […]
Read MoreMarathon Petroleum Corporation (MPC) Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. Exxon Mobil Corporation (XOM) Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. […]
Read More(Bloomberg) — The selloff in U.S. stocks has a lot further to go, according to one of Wall Street’s most vocal bears. “We think the S&P 500 has minimum downside to 3800 in the near term and possible as low as 3460,” Morgan Stanley’s chief U.S. equity strategist Michael Wilson said. The gloomy forecast implies […]
Read MoreBuy Price: $19.15 or better Sell Price: TradersPro Sell Signal Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The […]
Read MoreThrough most of the past two years, one of the surprising stories is the way that a lot of traditional, brick-and-mortar retail companies found creative ways to shift their operations to work in a COVID-restricted world. Along with unprecedented stimulus like extended unemployment benefits that shielded a lot of Americans from the worst economic impacts […]
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