Stock Market

Sharing is Caring! by Michael Snyder Never put anything in an email that you do not want the entire world to see.  Unfortunately, Dr. Tony Fauci is learning that lesson the hard way.  Throughout the course of this pandemic, the mainstream media has been heralding Fauci as a voice of reason that we should trust

Shares of Canaccord Genuity (CF) gained more than 2% in early trading on Wednesday after the company reported record fourth-quarter and fiscal year 2021 earnings. The independent financial services firm offers brokerage and wealth management services. Revenue came in at C$706.5 million for Q4 2021, an increase of 121% from Q4 2020. Analysts expected Canaccord

Oil prices could temporarily spike to $80 per barrel or more this summer as demand comes roaring back. The reopening economy has already sent crude up about 40% since the start of the year, but a surge in driving by Americans, as well as an increase in goods transportation and air travel, could pressure prices

Sharing is Caring! by Michael Snyder What is happening in California right now is going to affect every man, woman and child in the entire country.  Today, California has 24.6 million acres of farmland, and the state produces more of our fruits and vegetables than anyone else by a very wide margin.  So if agricultural production is

Shares of Laurentian Bank (LB) rose more than 2% in early trading Wednesday even after Canada’s seventh-largest bank posted better-than-expected Q2 profits, thanks to a strong performance in capital markets and lower provisions for credit losses. Profit came in at C$53.1 million (C$1.15 per diluted share) for Q2 2021, up 497% from a profit of

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy — Shares of the e-commerce company are up 6.9% midday after Etsy announced a $1.6 billion deal to buy fashion resale app Depop. The newly acquired business, which is based in

Sharing is Caring! As early as 2018 US State Department officials warned about safety risks at the Wuhan Institute of Virology lab on scientists conducting risky tests with the bat coronavirus. US officials made several trips to the Wuhan laboratory. Despite the warnings, the US National Institute of Health (NIH) under Dr. Anthony Fauci awarded

Property, casualty, and other insurance services provider The Allstate Corp. (ALL) inked a deal to acquire SafeAuto for a total consideration of $300 million. Of this, $270 million will be paid in cash, while the remaining amount is payable in the form of pre-close dividends of certain non-insurance assets. SafeAuto is an auto insurance carrier

In this article .SPX Traders on the New York Stock Exchange Source: NYSE Stocks are likely to reach new highs in June, but the extent of the market’s gains depends on how much a threat inflation becomes and whether it will prompt the Federal Reserve to discuss tightening policy. June is historically a weak month

Everybody knows, electric vehicles are the future. Like many governments across the globe, the environmentally conscious Biden administration has made new energy mandates a core part of its modus operandi. This is evident by the $74 billion Biden has said he intends to commit toward the nascent EV segment. The auto industry is pivoting toward

In this article .CRBQX HPE Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell

Sharing is Caring! by Michael Snyder There is no question that large corporations absolutely dominate our society today.  They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our nation depends upon, and they make almost all of

It’s not a new development by any means, but there is a growing feeling the need for clean energy sources is now almost universally recognized. For investors, there are now multiple opportunities to play this secular trend. These were fully taken advantage of in 2020’s post-covid resurgent market. New energy stocks were flavor of the

Sharing is Caring! by Jeff Thomas via International Man In 1944, the US had been the primary supplier for arms for the allies during World War II and, as such, exited the war with more wealth than any of the other nations that had entered the war earlier, draining their treasuries of money. Since payment was

In this article CLDR MRO UAL BA AAL UNH COWN A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma. Nick Oxford | Reuters Check out the companies making headlines in midday trading. Devon Energy and Marathon Oil — Shares of Devon Energy and Marathon Oil jumped more

When the best talk, people listen. It works in all walks of life, but especially the stock market. Investors are keen to read the latest stock reviews from Wall Street’s professional analysts, but knowing who’s the best is the place to start. Covering the markets for investment firm and brokerage Oppenheimer, Colin Rusch has built

Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – AMC is selling 8.5 million shares to investment firm Mudrick Capital for $230.5 million, following the recent surge in the movie theater operator’s stock price. AMC plans to use the proceeds to pursue the acquisition of theater assets and

Sharing is Caring! Normally, during an economic downturn, companies stockpile because they haven’t predicted the slowdown in demand well. This time, the sequence was different. Wood, copper , plasterboard, tiles, electronic chips, cars… The shortage of goods is everywhere, with logistic chains interrupted and totally disorganized due to Covid. These are some stocks that are

Hibbett Sports, Inc. (HIBB) reported stronger-than-expected Q1 results, topping both earnings and revenue estimates, driven by robust comparable sales growth of 87.3%. Shares of the athletic-inspired fashion retailer gained 345.6% over the past year. The company reported earnings of $5.00 per share in Q1, beating analysts’ expectations of $2.77 per share. This compared to adjusted

Sharing is Caring! by Charles Hugh-Smith What does it say about our “prosperity” if we can’t even afford to equal the purchasing power of the minimum wage paid 50 years ago? It says the 1% got the mine and the bottom 90% got the shaft. Given the rising prosperity we keep hearing about, shouldn’t we

Bank of Nova Scotia (BNS), Canada’s third-largest bank by total assets, will report its Q2 financial results on June 1 before the opening bell. Over the past year, the bank’s stock has jumped nearly 35% and is currently trading around C$81.00. Let’s have a look at what analysts are expecting, as solid earnings could drive

Sharing is Caring! The China PMI measure looking specifically at input costs surged to highest in over 10 years in May. pic.twitter.com/xcLILxhcUC — David Ingles (@DavidInglesTV) May 31, 2021 United States consumers are feeling the pinch of rising prices. pic.twitter.com/UgQ2zer37W — Daniel Lacalle (@dlacalle_IA) May 31, 2021 OOPS, the return of #inflation! #Germany‘s CPI accelerates

Westport Fuel Systems Inc. (WPRT) inked a deal to acquire Stako sp. z o.o. (Stako) for €5 million. Stako is a global manufacturer of LPG fuel storage systems. It is a subsidiary of Worthington Industries Inc. and its portfolio includes 1,000 models of LPG storage tanks. Westport Fuel Systems CEO David M. Johnson said, “The

Sharing is Caring! by Charles Hugh-Smith That the era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility. The standard debate about the future of the economy is: which will we get, high inflation or a deflationary collapse of defaults and asset bubbles

Coinbase (COIN) is the leading global cryptocurrency trading platform, boasting of 50 million current members and numerous cutting-edge cryptocurrency products, with many more powerful new innovations on the way. The main value for COIN currently comes from its massive member network, through which it generates fees from cryptocurrency transactions. Additionally, it offers ancillary services, including

Sharing is Caring! by Michael Snyder Have you noticed that there has been a whole lot of shaking going on around the world lately?  A major volcanic eruption in Congo made headlines all over the globe, China was just hit by a couple of very large earthquakes, and Mt. Etna in Italy erupted four times

The Walt Disney Co. (DIS) is a leading global entertainment and media business that owns numerous extremely popular and valuable franchises, characters, and businesses, such as Star Wars, Mickey Mouse, and Pixar. Between the wide name recognition of both the business’ brand and its individual products, DIS possesses compelling competitive advantages and pricing power that

Sharing is Caring! by confoundedinterest17 There is a lot of noise about cryptocurrencies like Bitcoin and Ethereum being hedges against inflation. Here is Bitcoin against core PCE prices YoY. Only if inflation is truly transitory and declines. Ethereum as a hedge against inflation? Ethereum started its run-up after Q1’s inflation report. And has experienced extraordinary volatility,

ZipRecruiter (ZIP), which operates an online marketplace to help businesses locate potential employees, made its debut on the NYSE last week, with shares jumping 17% to $21.10 on its first day of trading. The company went public via a direct listing, meaning it did not raise any capital in the offering. Advisors on the deal

Shares of Canadian Western Bank (CWB) fell more than 2% in early trading Friday even after the bank reported better-than-expected profits in its second quarter. CWB is a Canadian bank based in Edmonton, Alberta. The bank serves clients in Western Canada and other provinces. Earnings available to common shareholders came in at C$72 million (C$0.82