Stock Research
Long MSTR: strategic inclusion in MSCI world index positions MicroStrategy for price rally
Short RKT: bearish failed range expansion at key level
Nio CEO beats Elon Musk to the crown of ‘EV person of the year’
Nio Inc (NYSE: NIO) is pushing to the upside in premarket today after William Li – its chief executive was named “EV person of the year”. Why did Nio CEO win the title? Li was crowned at the 2024 TopGear.com Electric Awards on Monday. The news arrives shortly after Nio became the first electric vehicle… Continue reading Nio CEO beats Elon Musk to the crown of ‘EV person of the year’
Carnival stock has surged, but is CCL still a good buy?
Carnival Corporation’s (NYSE: CCL) shareholders have seen substantial gains, with the stock price rising over 52% in the last year, significantly outperforming the S&P 500’s 22% increase. This surge might make potential investors wonder if they’ve missed the boat on Carnival’s shares, or if the company’s recovery trajectory suggests further growth ahead. The pandemic’s impact… Continue reading Carnival stock has surged, but is CCL still a good buy?
Pfizer’s next move: Can it break above $30?
Pfizer Inc. (NYSE:PFE) faced a challenging 2023 in the stock market, with its shares plummeting from over $50 to a low of $25. However, recent developments suggest a potential turnaround for the pharmaceutical giant. On May 1, 2024, Pfizer reported better-than-expected results for the first quarter of the year. Their non-GAAP earnings per share of… Continue reading Pfizer’s next move: Can it break above $30?
Tencent Music sees 27.5% jump in net profits despite revenue dip to $937 M in Q1
China’s Tencent Music Entertainment Group (TME) faced a mixed financial landscape in the first quarter of fiscal year 2024, as announced on Monday. Tencent Music revenue dips, but profits grow While the company saw a slight revenue decrease of 3.4%, falling to $937 million, it successfully boosted its net profit by 27.5% to reach $212… Continue reading Tencent Music sees 27.5% jump in net profits despite revenue dip to $937 M in Q1
Cotton stocks set to rise: USDA data shows 5.4 million bales surge in supply in 2024-25
The US Department of Agriculture (USDA) has released its World Supply and Demand Estimate (WASDE) for May 2024, forecasting a significant increase in global cotton supplies for the 2024-25 season. According to the report, cotton production is expected to rise by 5.4 million bales, each weighing 480 pounds, with total global production projected at 119.05… Continue reading Cotton stocks set to rise: USDA data shows 5.4 million bales surge in supply in 2024-25
Arm Holdings expanding into AI chips: Right time to buy the stock?
Arm Holdings plc (NASDAQ:ARM) has set the stage for a seismic shift in the semiconductor industry with its bold entry into the realm of artificial intelligence (AI) chips. Recent reports from Nikkei Asia indicate that Arm, a UK-based chip designer under the umbrella of SoftBank Group Corp. (OTCMKTS:SFTBY), is gearing up to unveil its own… Continue reading Arm Holdings expanding into AI chips: Right time to buy the stock?