asbe More and more equity indices are hitting fresh record highs, with the S&P 500 within 1.5% of doing the same. Understandably, on these moves, investor sentiment has gotten a further boost. Per the latest AAII Investor Sentiment Survey, 51.3% of investors reported as bullish this week. And keep in mind, due to the timing…
William_Potter Investment Thesis Risk management plays a crucial role in determining long-term investment success, with strategic portfolio allocation being a key component in the risk management process. In today’s article, I will show you how you could allocate the amount of $100,000 among 2 ETFs and 20 dividend income companies that I consider to be…
Jacobs Stock Photography Ltd Nomad Foods (NYSE:NOMD) is one of the leaders in frozen food products in the European Union and the UK. The company’s brands command an upper 30% market share in several European markets in the fish and vegetables category, and its products are premium priced as much as 20%. Last year in…
sanfel The Q3 earnings season for the restaurant industry is finally over and we saw mixed results overall. Evidence of this came from another weak report from Dine Brands (DIN) and significant traffic declines at Cracker Barrel (NASDAQ:CBRL), and we haven’t seen much improvement in industry-wide traffic since October. On a positive note, quick-service and…
SweetBunFactory Ultra Clean Holdings (NASDAQ:UCTT) has been an extremely strong performer over the long term in the semiconductor equipment space. However, the recent downswing in the industry has led to a significant pullback in the shares, with market participants looking for a potential bottom in revenue. Ultra Clean tends to move up and down quickly…
FluxFactory GMS Inc (NYSE:GMS) recently reported its latest quarterly results, with revenue and EPS coming in above expectations. The company recognized as a leading manufacturer of wallboard, ceilings, and steal-framing installations has benefited from the resilient construction activity despite the volatile macro backdrop over the past year. Indeed, the stock is up more than 40%…
Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC’s perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC. In the CNBC interview, Gensler disclosed that the SEC is actively reconsidering its approach to spot Bitcoin ETF applications. “And as…
Jaromir Ondra In April 2020, when nearby NYMEX crude oil futures (CL1:COM) fell below zero for the first time, the low in the nearby Brent petroleum futures was $16 per barrel. Two years later, in March 2022, when nearby NYMEX futures exploded to $130.50 per barrel, the highest price since 2008, Brent futures peaked at…
EschCollection Commercial real estate as an asset class has in general registered subpar results since early 2022, when the Fed changed its accommodative stance to a clearly restrictive position. YCharts Yet, as we know, the commercial real estate sector itself is not homogenous. It consists of many subsectors, which to a large extent carry distinct…
Melpomenem A great deal of intelligence can be invested in ignorance when the need for illusion is deep.”― Saul Bellow. Today, we put SaaS concern Zuora, Inc. (NYSE:ZUO) in the spotlight for the first time. The company is posting consistent sales growth, has net cash on its balance sheet and should reach profitability for the…
InnaVlasova/iStock via Getty Images Foreword As supplement to this article, please note that Kiplinger has published an on-line slide-show detailing the latest 2023 S&P Dividend Aristocrats. The article, entitled The S&P 500 Dividend Aristocrats, is by Dan Burrows, a contributing editor. S&P Dow Jones Indices rebalances the S&P 500 Dividend Aristocrats every January, the Aristocratic…
DTCC data shows that the Wise Origin Bitcoin FD SHS is listed under the ticker BITB. Bitwise joins BlackRock, Invesco Galaxy, and Fidelity on the DTCC’s list. Bitwise Asset Management has listed its spot Bitcoin exchange-traded fund (ETF) on the Depository Trust and Clearing Corporation (DTCC). This comes after Fidelity Investments listed its FBTC spot…
GOCMEN/iStock via Getty Images Find a job you enjoy doing, and you will never have to work a day in your life.”― Mark Twain. Shares of temp worker service TrueBlue, Inc. (NYSE:TBI) have started to bounce off a 13-year lows even as the company’s top line has been in steady decline since 2016. A new…
With yesterday’s historic high, the Dow Jones extends its Q4 rally to more than 10%. On the other hand, the technology sector also makes a fresh all-time high. In a historic surge, the Dow Jones Industrial Average set a new record by closing above 37,000 points for the first time. The Federal Reserve’s indication of…
Oriaz Currently, demand for airplanes is high as demand for air travel supports a growing world fleet, especially after many airplanes were phased out during the pandemic. Additionally, fluctuations in oil prices as well as an inability to supply airplanes in desired quantities have customers lining up to buy airplanes from Boeing (BA) and its…
Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem, according to a press release sent to Bitcoin Magazine. “Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations…
Scott Olson In the Year Till Date (YTD) as of the 11th of December, the S&P 500 ((SPX) in index form and (NYSEARCA:SPY) in ETF form) has risen to around 20.5%. For all intents and purposes, the index will close the year at a net positive albeit nowhere close to the highs seen in July….
Today, Bitcoin exchange River has unveiled its latest product, River Link, aiming to transform the way Bitcoin is sent and received on a global scale. River Link facilitates the seamless transfer of Bitcoin through text messages, offering users a straightforward and user-friendly experience that eliminates the complexities often associated with Bitcoin transactions. Traditionally, sending Bitcoin…
mbbirdy/iStock Unreleased via Getty Images The New York Times Company (NYSE:NYT) has weathered challenges to the traditional print media business far better than most peers. The company has built an impressive digital business with over 9.4 million subscribers. Digital revenue now accounts for ~60% of the company’s total revenue and primarily consists of subscription based…
The crypto market responded positively to the FASB announcement, with Bitcoin’s price rising over 4.12% to $42,979 following the guidance release. The Financial Accounting Standards Board (FASB), the US entity responsible for detailing how companies report assets on their balance sheets, has introduced new standards allowing corporations to measure Bitcoin (BTC) and other crypto assets…
Torsten Asmus It’s been a choppy year for oil in 2022/2023, and looking ahead to 2024, the only certainty continues to be more uncertainty. Unlike in prior years, when the global economy remained surprisingly resilient through a series of aggressive rate cuts, oil demand is now the major overhang. Growth data hasn’t yet turned meaningfully…
Solana, the blockchain network hosting Bonk, has experienced an impressive run in 2023. Earlier this month, SOL saw a remarkable 50% jump in just a few days, indicating a strong bullish trend. The crypto market is seeing another boom in the altcoin space as Solana-based memecoin, Bonk (BONK), witnessed a 40% surge in the past…
CasarsaGuru Aehr Test Systems (NASDAQ:AEHR) has emerged as a notable player in the rapidly evolving semiconductor industry, as evidenced by its exceptional performance in Q1 2024. The company experienced a notable rise in net revenue and enhanced profitability. Its venture into silicon carbide and gallium nitride and engagement in silicon photonics highlight its dedication to…
Binance surveyed 1,172 of its registered users in jurisdictions where it is allowed to operate and found that 45 percent rely on crypto to earn an extra income. Binance Holdings Ltd, the leading cryptocurrency exchange by daily traded volume and globally registered users, recently surveyed its registered users to understand top use cases for crypto…
Deepak Sethi/iStock via Getty Images Introduction I have always liked Investors Title Company (NASDAQ:ITIC) as I consider property title insurance to be a low-risk business. That’s not just a personal impression: the total amount of provisions for claims is usually just a fraction of the total amount of the premium income. But of course this…
Imagine a hypothetical world where there is no established medium of exchange. In this imaginary world, people are simply bartering. However, someone approaches you and tells you, “Hey, you know tomorrow we all move to using gold as money, right? You should acquire as much as you can now before tomorrow comes.” Assuming you trust…
Kameleon007 The period since February 2021 was brutal for biotech investors. The SPDR S&P Biotech ETF (NYSEARCA:XBI) topped and declined 65% from the peak that month to a trough in May 2022. The recovery since that low was not at all impressive and XBI went down to retest the lows in October of 2023. Several…
Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures, alongside notable contributions from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, Rahul Pagidipati, 2 Punks Capital, MZ…
imaginima Introduction Palantir (NYSE:PLTR) is building the foundational software of tomorrow that serves as the central operating system for enterprises. At its core, Palantir’s flagship platforms – Gotham, Foundry, and Apollo – integrate and optimize data, decisions, and operations at scale. A few months ago, Palantir launched its Artificial Intelligence Platform (AIP). In short, AIP…
ESCC will introduce stablecoin-based gas fees and Ethereum compatibility on EOS. EOS Labs and EOS Network Foundation (ENF), the main stewards of the EOS Network have announced a strategic collaboration with EOS Stable Coin Chain (ESCC), an Ethereum-based stablecoin solutions provider. ESCC is a novel smart contract on the EOS Network using a customized implementation…
Clara Bastian/iStock via Getty Images Times have been rather tough for shareholders of Clean Energy Fuels Corp. (NASDAQ:CLNE). On December 12th alone, the stock, on no news, plunged, closing down 12.7%. The picture was even worse earlier in the day, with shares down more than 14% at one point. In fact, during trading, units hit…
Although the price spikes following the Fed announcement cleared recent bearish drawdowns and provided support levels, uncertainty remains over the sustainability of the increases. The prices of major cryptocurrencies, including Cardano (ADA) and Solana (SOL), have seen fluctuations around the latest Federal Reserve announcement on interest rates. On December 13th, 2023, the Fed decided to…
dsmoulton/iStock via Getty Images Yesterday, I made a horribly inaccurate assumption. Considering the Fed’s long-held concern about rising risk asset prices loosening financial conditions, I thought Chairman Powell would surely look to pull the punch bowl away from investors by pushing back on rate cut expectations. I also indicated that it would be difficult to…
Cronos has announced a layer 2 network for the Ethereum blockchain in collaboration with Matter Labs, Crypto.com, Fulcrom, VVS, and Veno. Cronos Labs, the name behind the Cronos blockchain, and a partner to Crypto.com, has announced a new layer 2 platform built for the Ethereum network. Cronos Labs has now joined a growing list of…
JHVEPhoto/iStock Editorial via Getty Images We’re maintaining our buy rating on Adobe (NASDAQ:ADBE) post-4Q23 results and FY24 outlook. We think investors are overreacting to management’s more conservative outlook for FY24 and 1Q24; management guided for $21.3-$21.5B in FY24 revenue and earnings per share of 17.60 to $18 versus estimates at $21.73B in revenue and $18…
Bitwise has published 10 predictions for the crypto industry in 2024, including a fall in Ethereum transaction cost and the approval of Bitcoin ETFs. As we are coming closer to a new year, there are inevitably not only recaps of 2023 but predictions for 2024. The industry is in a very interesting place with top…
400tmax Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) is probably one of the most intriguing investments among big tech, trading at a significantly low valuation compared to the rest of the group. However, it seems that the company’s management continues to pile one mistake over another, with the latest being a demo of its highly anticipated Gemini model, which…
Cardano’s DeFi total-value-locked crosses a significant $450 million with its native stablecoin Djed contributing a significant portion. Smaller protocols like LendFi and Spectrum Finance recorded an impressive 90% surge in TVL. Cardano’s native cryptocurrency ADA has registered massive gains shooting over 15% soon after the FOMC meeting concluded on Wednesday. As of press time, the…
FinkAvenue The Amazon Investment Thesis Data by YCharts Amazon.com, Inc. (NASDAQ:AMZN) has outperformed the S&P 500 (SPY) by a mile so far this year thanks to 3 strong quarters and good execution. But like any company, Amazon has its good and bad sides, and it will be important to determine which sides outweigh the others….
The Santa Claus rally in the crypto market is likely to continue with analysts expecting the Bitcoin price to touch $48,000 during pre-spot ETF approval. Bitcoin and the broader cryptocurrency market are experiencing a state of euphoria after the FOMC meeting on Wednesday, December 13. The Bitcoin (BTC) price is up more than 5% in…
skynesher Founded in 2006, CarGurus (NASDAQ:CARG) is an online research platform and marketplace that allows consumers to look up vehicles available for sale at local dealers. With over six years since its IPO at around $29 per share in 2017, share prices currently trade around $22. Already priced for growth well before it occurred (and…
Goldman believes that the Fed could begin rate cuts from the first quarter of next year as inflation hopefully falls. Financial services giant Goldman Sachs Group Inc (NYSE: GS) has revised its call for Fed interest rate cuts for 2024. According to a report, the banking and investment management company has added a possible rate cut in Q1…
izusek First Trust Capital Strength ETF (NASDAQ:FTCS) and capital strength as a stock market “factor” has lagged the largest S&P 500 badly this year. In fact, that multi-year underperformance is toward the upper end of its recent historical range. This may or may not be primed for immediate reversal. But it has caught my attention….
With the US inflation having eased without significant unemployment, the Fed unanimously agreed to hold the borrowing rate between 5.25 and 5.5 percent for the third consecutive time. The United States stock market recorded a profitable day led by the Dow Jones Industrial Average (DJIA) and the S&P 500, after several high-impact news released by…
oksanaphoto Helen of Troy (NASDAQ:HELE) manufactures and sells consumer products in Home & Outdoors and Beauty & Wellness segments with products ranging from coffee makers, child seating, and food containers to shampoos, blood pressure monitors, and humidifiers – the company’s offering is very complex. With the wide range of products, Helen of Troy also operates…
Coinbase said the launch of the international digital asset trading platform is part of its move for global expansion driven by regulatory uncertainties in the United States. Leading American cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has introduced spot trading options for international customers outside the United States. In an official announcement on December 13,…
Athitat Shinagowin/iStock via Getty Images Chimera Investment Corporation (NYSE:CIM) is a New York REIT focusing on residential credit investments, especially mortgage loans and related securities. CIM was founded in 1994, with its IPO in November 2007. CIM operates on a blend of debt and equity to optimize returns and manage risks. The company has to…
This prediction made by JPMorgan comes in the antivipation of Ethereum’s EIP-4844 upgrade that is scheduled for the next year. JPMorgan experts suppose that Ethereum (ETH) will be able to outperform Bitcoin (BTC) and other crypto assets in 2024. But despite this statement, the bank is generally “cautious” about crypto markets in the near future….
CHUNYIP WONG/E+ via Getty Images Elevator Pitch I have a Hold investment rating for CLP Holdings Limited (OTCPK:CLPHY) stock. On its company’s investor relations website, CLPHY calls itself as “one of the largest investor-owned (as opposed to state-owned) power businesses in Asia Pacific.” Previously, I reviewed CLP Holdings’ financial performance for the first half of…
SpaceX is now one of the most valuable private companies in the world with a scalable business in the Starlink satellite internet sector among others. Elon Musk-backed Space Exploration Technologies Corp commonly referred to as SpaceX has seen its total valuation climb to as high as $180 billion, according to the latest estimates by Bloomberg….