AB Inbev (NYSE: BUD) stock has been in the spotlight this month as concerns about the company’s marketing remain. As I wrote here, the company has become disliked by both conservatives and liberals following its Dylan Mulvaney advertisements. In this article, I will explain why this controversy likely saved Anheuser-Busch. Boycotts never work Conservatives have… Continue reading BUD stock price: AB InBev preps for a new $27 billion move
stocktrader
Loandepot stock investors beware: insiders are dumping shares
Loandepot (NYSE: LDI) stock price has been in a strong sell-off in the past few months as concerns about the mortgage industry continue. The shares plunged from a high of $3 in February to a low of $1.38. It has now pulled back slightly to trade at $1.80. This performance is in line with other… Continue reading Loandepot stock investors beware: insiders are dumping shares
ContextLogic stock jumped 40% on Friday: here’s the catalyst
Shares of ContextLogic Inc (NASDAQ: WISH) went up as much as 40% today after the eCommerce company announced a share repurchase programme. How many shares will it buy back? On Friday, the Nasdaq-listed firm confirmed that it plans on buying back up to $50 million worth of its stock. The programme that will be effective… Continue reading ContextLogic stock jumped 40% on Friday: here’s the catalyst
Comerica’s Lynch expects S&P 500 to retest October lows
S&P 500 up 8.0% year-to-date at writing is pretty much as far as it would go in 2023, says John Lynch. He’s the Chief Investment Officer at Comerica Wealth Management. S&P 500 is not out of the woods just yet More alarmingly, Lynch expects the benchmark index to actually trade down in the short term.… Continue reading Comerica’s Lynch expects S&P 500 to retest October lows
P&G CEO on Q3 earnings: ‘very pleased with where we stand’
Procter & Gamble Co (NYSE: PG) is in the green this morning after reporting market-beating results for its third financial quarter. P&G’s guidance for the future Shareholders are cheering also because the consumer goods company raised its outlook. For the full year, it’s now calling for a 1.0% increase in sales versus flat to down… Continue reading P&G CEO on Q3 earnings: ‘very pleased with where we stand’
C3.ai stock price analysis: on the cusp of a 33% meltdown
C3.ai (NYSE: AI) stock price has lost its bullish momentum as investors assess its role in the artificial intelligence industry. After soaring to the year-to-date high of $34.56 on April 3, the shares have now plunged to about $20. C3.ai is highly overvalued C3.ai share price has done well this year as investors place bets… Continue reading C3.ai stock price analysis: on the cusp of a 33% meltdown
Boohoo share price analysis: where fundamentals meet technicals
UK stocks have done well this year, with the FTSE 100 rising by ~6% this year and by ~18% above the lowest point in 2022. The index is nearing an all-time high of £8,050. Boohoo (LON: BOO) share price has not been left behind in this rebound after rising by 60% this year. Is the… Continue reading Boohoo share price analysis: where fundamentals meet technicals
EUR/USD rate to keep rising despite improvements in core inflation dynamics
One of the most important pieces of economic data from the euro area was released this week. On Wednesday, the Final CPI y/y data showed inflation in the euro area at 6.9%. Luxembourg and Spain registered the smallest increases, of 2.9%, respectively 3.1%. While the 6.9% average for the euro area is way higher than… Continue reading EUR/USD rate to keep rising despite improvements in core inflation dynamics
Quarterly BTC volume hit second highest ever mark in Q1, 2023: Report
Crypto news have in recent weeks concentrated on the market action that saw bitcoin and Ether prices hit new year-to-date highs. And as the cryptocurrencies have swung lower (Bitcoin is currently below $28,700 and Ethereum under $2,000) amid this week’s other headlines, it is likely some of the biggest trends have silently slipped beneath the… Continue reading Quarterly BTC volume hit second highest ever mark in Q1, 2023: Report
