Stock Research

Billionaire investor Bill Ackman is telling markets Meta Platforms is too cheap, and this time, he has fresh money behind the claim. His firm, Pershing Square, has disclosed a new, sizeable position in the Facebook parent that represents roughly a tenth of the hedge fund’s capital, a bet reported at around $2 billion. The move… Continue reading Bill Ackman flags Meta stock undervalued as Pershing Square reveals big stake

Europe heads into a pivotal moment this week as political, trade and economic pressures converge across the continent. From Britain’s renewed push to rebuild ties with the European Union, to rising trade tensions with China and growing scrutiny of foreign ownership in strategic industries, leaders are being forced to rethink long-held assumptions. At the same… Continue reading Europe bulletin: UK’s EU outreach, trouble for Nexperia, China targets French wine

Unity Software (NYSE: U) cratered another 30% in premarket today after the game software firm came in ahead of Q4 estimates but disappointed investors with a tepid current quarter guidance. In its earnings release, the company guided for $485 million in revenue – well below $494 million that analysts had called for – shattering hopes… Continue reading Unity stock crashes on Q4 earnings: is it a ‘value trap’?

Agibank, the second Brazilian fintech to access US capital markets in recent weeks, announced on Wednesday that it had raised $240 million in its New York IPO. In contrast to the most recent marketing range of $12 to $13 per share, the São Paulo-based digital bank sold 20 million shares for $12 apiece during its… Continue reading Agibank raises $240M in New York IPO as Brazilian fintechs return to US markets

Reddit stock (NYSE: RDDT) is once again drawing attention on Wall Street. After spending much of last year under a cloud of doubt over growth and monetisation, the social platform is seeing sentiment turn. This time, the shift is being driven less by hype and more by something investors care deeply about: clear signs that… Continue reading Wall Street likes Reddit stock again: why analysts are backing bullish targets

US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow Jones Industrial Average rose 207 points, or about 0.4%. The S&P 500 gained 0.6%, while the Nasdaq Composite advanced 0.8%, as investors responded positively to… Continue reading US stocks open in the green after strong jobs data: Nasdaq climbs around 1%

US employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into a prolonged slowdown. Payrolls rose by 130,000 last month, significantly above economists’ expectations, while the unemployment rate edged down to 4.3%, according to government data… Continue reading US jobs report surprises with 130,000 hires in January as rate cut hopes fade

Datadog Inc (NASDAQ: DDOG) is rallying this morning after the cloud-based observability firm posted its fourth-quarter report that, on the surface, appeared to be a clean beat. The company reported $953 million in revenue on 59 cents a share of adjusted earnings for its Q4, both handily above Street estimates.   However, one could argue… Continue reading Datadog Q4 earnings: sufficient to justify a 230x earnings multiple?

Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data.  Over the past week, precious metals have experienced significant volatility, as prices retreated from all-time highs due to a combination of profit-taking and excessively bullish positioning. Meanwhile, oil… Continue reading Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear