Stock Market

NIO Inc. (NIO) designs and manufactures high-tech electric vehicles in China. As a major player and innovator in connectivity, autonomous driving, and artificial intelligence technologies, it competes directly with Tesla (TSLA). The main value for NIO comes from its competitive positioning in the luxury electric vehicle market (especially SUVs) in China, stemming from its comparable
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Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)
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Sharing is Caring! by Kimble Charting Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but it is starting to show strength after double-bottoming
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Step by step, life is returning to pre-Covid-19 patterns. The resumption of travel, the economic reopening and return to the workplace are all signs normalcy is resuming. However, for the businesses rolling out Covid-19 vaccines, the “opportunity” might be longer-lasting. At least this is what RBC’s Daniel Busby senses when assessing Pfizer’s (PFE) Covid-19 vaccine
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Sharing is Caring! www.flgov.com/2021/06/18/governor-desantis-wins-major-victory-to-protect-floridas-cruise-industry/ TALLAHASSEE, Fla. – Today, the federal district court in Tampa delivered a major victory for Governor Ron DeSantis against the Centers for Disease Control and Prevention (CDC) and its obstructionist No Sail Orders that have flatlined Florida’s cruise industry for over a year. Ruling in favor of Florida’s Motion for Preliminary Injunction,
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Sharing is Caring! by Charles Hugh-Smith Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the abstract funhouse of rigged statistics? Here’s a simple test to help you decide if inflation is “transitory” in
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Sharing is Caring! www.fao.org/worldfoodsituation/foodpricesindex/en/ The FAO Food Price Index (FFPI) averaged 127.1 points in May 2021, 5.8 points (4.8 percent) higher than in April and as much as 36.1 points (39.7 percent) above the same period last year. The May increase represented the biggest month-on-month gain since October 2010. It also marked the twelfth consecutive
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Upstart Holdings, Inc. (UPST) is an innovative financial services company that has developed an Artificial Intelligence-powered lending platform to improve access to affordable credit in the United States. The company reported stellar earnings for the first quarter on May 11, and this triggered a market rally that saw Upstart stock climb to $170 from just
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Sharing is Caring! via Ed Driscoll: Biden’s $6 Trillion Blowout Budget Proposal Would Have Three Embarrassingly Bad Results, Study Finds. Not least of which: Deutsche Bank Issues a Terrifying Warning for America Under Biden. “The authors warned that ‘neglecting inflation leaves global economies sitting on a time bomb.’ They noted similarities between the 1970s and today.” Fortunately, President
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Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its latest quarter, beating the consensus estimate of $1.31 a share. The business software company’s revenue topped estimates as well. The company forecast current-quarter profit below consensus, however, as it increases investment in its
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Sharing is Caring! by Martin Armstrong QUESTION #1: It has become impossible to buy houses between $300-$500,000 in the Orlando area. From a realtor, he said that Blackrock is buying everything and they rely on a famous forecaster who said real estate is the only way to earn income. He said he heard it was someone
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