Stock Research

ON Semiconductor Corp pulled in $1735.2 million in revenue for the second quarter, achieving a net income of $338.2 million that translated into a diluted EPS of $0.78. The share price of the company is up 12% in the first hour of trading. The reported revenue beat analysts’ expectations of $1729.12 million but constituted a… Continue reading ON Q2 earnings decline but the stock is surging, here’s why

Japan is experiencing a record surge in tourism, and with it, an unusual spike in restaurant prices.  Popular tourist destinations like Niseko and Tokyo are seeing exorbitant price tags on meals, with some dishes costing three to five times more than usual.  This trend reflects both the economic dynamics of a weakened yen and the… Continue reading Japanese eateries hike prices as tourist influx reaches record levels

Ola Electric is gearing up to make an entrance into the public market with what is set to be the largest Initial Public Offering (IPO) of 2024.  Scheduled to debut on the Indian stock exchanges this Thursday, the electric scooter manufacturer is creating waves with a valuation of $734 million.  The IPO will see Ola… Continue reading Ola Electric’s $734 million IPO: 2024’s largest in India—Should you invest?

In a significant legal victory for gig economy companies, an appeals court in California has upheld Proposition 22, allowing Uber, Lyft, DoorDash, and similar firms to continue classifying their drivers as independent contractors rather than employees.  This ruling reinforces the status of gig workers, preserving their flexibility and independence while reshaping the dynamics of worker… Continue reading Uber and Lyft win court battle: Drivers to remain classified as independent contractors

In a significant development, Malaysia has demanded compensation from Microsoft and CrowdStrike for a massive global outage that disrupted internet services and affected numerous industries. This high-profile case could set a precedent for how similar incidents are handled worldwide. Last week, a severe outage caused by a faulty update led to widespread internet disruptions, particularly… Continue reading Malaysia demands compensation from Microsoft and CrowdStrike following global outage: Will others follow?

Apple’s aggressive discounting strategy in China appeared promising earlier this year. During an online shopping festival in May, the tech giant offered significant price cuts on its iPhones, aiming to boost sales and counteract its faltering performance in the region.  Despite these efforts, Apple’s iPhone sales in China remain sluggish compared to its local rival… Continue reading Apple’s iPhone discounts fail to boost market share in China: What’s next for the tech giant?

The possibility of Donald Trump securing a second term as President of the United States raises significant questions about the future of electric vehicles (EVs) and clean energy in the US.  While Trump’s administration was known for its controversial stance on environmental policies and clean energy, his potential return to office could have major implications… Continue reading How a second Trump presidency could impact electric vehicles and clean energy policies

Lineage, the world’s largest temperature-controlled warehouse real estate investment trust (REIT), made a notable debut on the Nasdaq Stock Market on Thursday. Trading under the ticker symbol “LINE,” the company’s shares surged by up to 5% on the first day.  This promising start reflects investor confidence in Lineage’s robust business model and strategic growth initiatives.… Continue reading Lineage’s Nasdaq debut sees 5% rise, raising $4.4 billion amid aggressive growth strategy

In the wake of a dramatic 33% drop in CrowdStrike’s shares, savvy investors like Cathie Wood see a buying opportunity. But for retail investors, the decision to buy a plummeting stock or wait out the uncertainty can be daunting.  As CrowdStrike works towards a solution, there is optimism that the company will soon return to… Continue reading How to invest in cybersecurity: The case for ETFs amid CrowdStrike’s turmoil