JARAMA The U.S. Bureau of Labor Statistics (BLS) nonfarm payrolls has averaged monthly gains of over 233k over the past year. By all standards, that is a healthy number, especially considering the federal funds rate has been above 5% over that same time period. However, a deeper look into the numbers may reveal the impact…
ArtemisDiana The Global X Genomics & Biotechnology ETF (NASDAQ:GNOM) offers exposure to companies innovating in the field of genomic science covering techniques such as gene editing, DNA sequencing, and genetic therapy. The attraction here is an expectation that genomics will revolutionize medicine through tailored treatments that target identified proteins that cause underlying disorders. At the…
Justin Sullivan I am a PayPal (NASDAQ:PYPL) bull who believes their Meta Platforms (META) moment will occur, but I am an unhappy shareholder. After PYPL’s Q4 earnings, I posted a tweet where I expressed my dissatisfaction directly to Alex Chriss (PayPal CEO). After going back and rereading the Q4 2023 conference call transcript (can be…
ridvan_celik Investment Thesis Since the post-COVID normalization, DocuSign (NASDAQ:DOCU) has been a hot topic among investors. Often heavily scrutinized for their failed attempts to turn around the firm, including making top-leadership changes, making strategic go-to-market strategy, etc, growth has failed to recover. On the other hand, investors appreciate the firm’s high operating margin and substantial…
Sean Anthony Eddy Introduction Two events have reshaped the economics of financial exchange management. First, the death of LIBOR revealed the exposure of futures exchange major markets to sudden death due to futures exchanges’ lackadaisical attitude resulting in their failure to protect the viability of the spot markets used to settle their important futures contracts….
SDI Productions/E+ via Getty Images Northrim BanCorp (NASDAQ:NRIM) is a small bank that capitalizes only $300 million and operates in Alaska. Although not well known among retail investors, I find this bank very interesting and apparently the market thinks the same: its price per share is near an all-time high. This bank has fully recovered…
Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market. Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail…
da-kuk This week’s inflation data is expected to show that the Fed still has a long way to go and that the “markets’” (as in the collective) expectations for 5.5 rate cuts in 2024 are still too aggressive and more fantasy than reality. Core CPI is expected to rise in December at a rate inconsistent…
Hayes has always maintained an optimistic outlook on Bitcoin and remains one of the market analysts who believes the best is yet to come for the premier cryptocurrency. He believes we will see a $1 million price tag for the coin in the long term. Arthur Hayes, the former CEO of BitMEX suggests in a…
David Trood/DigitalVision via Getty Images A Quick Take On Perfect Moment Ltd. Perfect Moment Ltd. (PMNT) has filed to raise $15 million in an IPO of its common stock, according to an SEC S-1 registration statement. The firm designs and sells luxury sport-oriented clothing worldwide. Perfect Moment Ltd. revenue dropped sequentially in the most recent…
Asia-Pacific Images Studio/E+ via Getty Images Chinese Agriculture’s Upcoming Revolution A revolution in Chinese agriculture is brewing, and it’s not coming from the farms. Surprisingly, e-commerce giant PDD Holdings Inc (NASDAQ:PDD) may be poised to disrupt the trillion-dollar industry more than any actual farmer. While investors obsessed over PDD’s Temu early success story in the…
Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. As evidence mounts that global economic activity is slowing, economists, financial markets and most central banks have become convinced that no further interest rate rises will be needed. This week policymakers in the…
hh5800 Semtech Corporation (NASDAQ:SMTC) has staged a turnaround of sorts in the last few months. The stock is still nursing most of the losses stemming from a long decline that began roughly two years ago, but it has recovered some of those losses recently. However, while some may conclude the bottom is in for SMTC,…
Andres Victorero Bond yields have surged to their highest level in over 15 years, propelled by resilient economic data and revised expectations for Federal Reserve policy. Nevertheless, the looming threat of subdued growth in 2024 suggests that bond yields are likely near their peak. This presents a potential opportunity for investors – add to duration…