kelvinjay By James Smith, Chris Turner & Michiel Tukker Three scenarios for Thursday’s Bank of England meeting ING Markets aren’t fully buying the BoE’s new-found optimism Can the Bank of England diverge from the Federal Reserve on rate cuts? Bank officials – including Governor Andrew Bailey – have been not-so-subtly hinting that it can. We…
adventtr Shares of gene therapy concern Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) have risen by 20% since we last looked at it in May of last year, as the company is poised for two potential FDA approvals. Furthermore, its one potential blockbuster rare disease gene therapy, RP-A501 for the treatment of Danon Disease, began enrolling patients in…
SolStock In this current environment, it may not dawn on you that some of the more attractive prospects out there could be companies that would be counterintuitive. Furniture and similar goods, for instance, are not exactly the kinds of items that are in high demand when the economy is faced with high interest rates aimed…
TERADAT SANTIVIVUT The 10-year Treasury Note yield fell 13 basis points last week, a move that would not normally rate any mention whatsoever, but the path of that small decline does. From Monday to Thursday, the yield fell, from high to low, by 34 basis points, a move that added 1.3% to bond prices (Aggregate…
damircudic Founded back in 1935, Webster Financial Corporation (NYSE:WBS) operates as a bank holding company and is headquartered in Stamford, Connecticut. Far from its all-time high of $65 per share, it is gradually making up for lost ground. However, in Q4 2023 it failed to meet analysts’ expectations in terms of EPS and revenue: Q4…
guvendemir Earnings season is here for the stock market, and the fourth quarter is not expected to be as strong as the third quarter, based on analysts’ consensus estimates. This may surprise some, given that the equity market has rallied aggressively since the third-quarter reporting season ended in October. Fourth-quarter earnings for the S&P 500…
The SEC faces deadlines ranging from May 23 to August 7 to make decisions on Ethereum ETF applications. The crypto market is buzzing with expectations as analysts predict a high likelihood of the approval of Ethereum (ETH) Exchange-Traded Funds (ETFs) in the coming months. Analysts’ Confidence and Comparisons with Bitcoin Eric Balchunas, a notable ETF…
It is hard to overstate how optimistic Bitcoin’s outlook for 2024 is. While many people may feel like they are too late (why didn’t I buy it under $100?), like they missed the opportunity, it has likely never been a better time to jump in. More specifically, the ratio of potential rewards compared to the…
Userba011d64_201 It’s that time of the year where Wall Street polishes up their crystal balls and pins targets on the S&P index for the upcoming year. As is often the case, while Wall Street is always optimistic, the forecasts prove pretty wrong. For example, on December 7th, 2021, we wrote an article about the predictions…
bjdlzx Investment thesis My initial bullish thesis about PDD Holdings (NASDAQ:PDD) stock aged extremely well as the stock rallied by more than 40% since early August, compared to a less than 1% increase for the S&P500 over the same period. Such a massive rally is unsurprising given the company’s stellar Q2 performance with above 50%…
Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high. Over the last two days, the Bitcoin price has come under some selling pressure dropping another 3% in the last 24 hours and moving closer to $35,000. Bitcoin…
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight to your inbox every Monday and Friday They’ll be together at the Apec summit in…
SDI Productions 2023 is not one of the best years for First Internet Bancorp (NASDAQ:INBK), in fact to date the stock has lost about 28%. The rapid rise in interest rates and the banking crisis in early 2023 have jeopardized the soundness of this bank. TradingView In any case, there has been a strong recovery…
Michael M. Santiago/Getty Images News In an ideal world, stocks that we buy would only ever go up in value. But that’s not how the world works. Unfortunately, shares of companies can outperform the broader market for an extended period of time, only to then pull back significantly and erase some or all of those…
Justin Sullivan Amid extreme market volatility especially in small and mid-cap stocks over the past month, one thing rings true: investors have to be willing to constantly update their theses as different companies respond differently to macroeconomic conditions, and as valuations change. Being a committed bull or bear is only workable as long as our…
JHVEPhoto Introduction Houston-based Schlumberger Limited (NYSE:SLB) released its third quarter 2023 results on October 20, 2023. Note: As indicated regularly, I have followed SLB quarterly since December 2018. This article updates my article published on July 26, 2023. 1: 2Q23 Results Snapshot SLB again exceeded analyst expectations with third-quarter 2023 adjusted earnings of $0.78 per…
Megapixel8 Real estate firm Jones Lang LaSalle’s (NYSE:JLL) near term prospects are likely to remain challenging but medium term prospects are more optimistic. Their prospects however appear baked into the stock. Company Overview Jones Lang LaSalle offers real estate and investment management services covering a variety of property types (including residential, commercial, industrial, retail, infrastructure,…
baona/iStock via Getty Images Investment Thesis Century Communities (NYSE:CCS) has been on a stellar ride with shares spiking 35% over the past year as a result of growth within home building sector driven by lack of resale inventory. Its attractive positioning within entry level ready to move-in homes has been the key catalyst in the…
AlenaMozhjer Investment thesis From 2005 to 2022, there was a 0.71 correlation between the homes delivered by M/I Homes, Inc. (MHO) (M/I) and Housing Starts. Housing Starts are cyclical making M/I a cyclical company. M/I revenue grew at 8 % CAGR during the last peak-to-peak Housing Starts cycle. About 1/3 of this was driven by…