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Yes Bank (NSE: YESBANK) share price is hovering near its lowest level since November last year as the outlook of the Indian economy waned. The stock was trading at ₹15.40 on Thursday, which was ~37% below the highest point in 2022. It has underperformed other popular Indian bank stocks like ICICI, Axis Bank, and HDFC.… Continue reading Down 37% from 2022 high, is the Yes Bank share price a bargain?

Costco Wholesale Corporation (NASDAQ: COST) ended in the red on Thursday after reporting its first decline in monthly same-store sales in about three years. Analyst reacts to Costco’s monthly sales data Costco noted a 1.1% hit to its same-store sales in March as consumers turned more cautious in terms of spending, as per the press… Continue reading Is Costco stock a safe bet as a slowdown in consumer spending weighs on sales?

Toronto-Dominion Bank (TSE: TD) is keeping flat this morning a day after it became the most-shorted bank in the world. Pro shares his view on TD Bank news Short sellers have accumulated positions worth well over $3.0 billion in TD Bank as Invezz reported HERE. According to Daneshvar Rohinton of Industrial Alliance, investors are betting… Continue reading TD Bank short sellers are betting on these headwinds

Shares of Barclays (LON: BARC) have rebounded sharply in the past few days as fears of a major banking crisis ease. The stock rose to a high of 151p, the highest level since March 15. It has jumped by more than 18% from the lowest point in March. Why is BARC soaring? The finance and… Continue reading Barclays share price forecast: investment banking risks remain

Lloyds (LON: LLOY) share price has risen in the past three straight weeks as concerns about the banking sector eased. The stock jumped by more than 1% on Thursday after the strong house price index (HPI) data, which we wrote about here. It jumped to 49.05p, which was ~12.45% above the lowest level in March.… Continue reading Here’s why the Lloyds share price is bouncing back: is it a buy?

It’s been a kind few months for cryptocurrency investors. After getting pillaged last year, the sector has rebounded emphatically.  The surge comes mainly in response to a shift in the expectations around the economy going forward. More specifically, expectations around the actions of the Federal Reserve.  Last year, interest rates tightened at the fastest pace… Continue reading Why are crypto prices rising? Sector struggling but inflation and interest rates pushing prices up

MLPs are some of the most important companies in the mid-stream energy sector because of the transportation and storage services they offer. Enterprise Products Partners (NYSE: EPD) and Energy Transfer (NYSE: ET) are some of the biggest firms in the industry. Other prominent MLPs are TC Energy, Kinder Morgan, and Magellan Midstream Partners. Enterprise Products… Continue reading Energy Transfer vs Enterprise Partners: which is the better MLP stock?

C3.ai (NYSE: AI) stock price has nosedived as the poster child of the artificial intelligence movement lose steam. The stock plunged to a low of $20.73, which was ~38% above the highest level this year. Still, it is one of the best-performing technology stocks this year having risen by over 90%. AI momentum loses steam… Continue reading C3.ai stock price forecast: AI shares could crash by another 28%

The Nifty 50 index moved sideways on Thursday after the latest interest rate decision by the Reserve Bank of India (RBI). The index was trading at ₹17,540, which was ~4% above the lowest point this month. Similarly, the BSE Sensex index was trading at ₹59,570, which was also a few points above the year-to-date low.… Continue reading Nifty 50 index drifts higher after the surprise RBI rate decision