Stock Research

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

The CAC 40 index has pulled back in the past few days as some investors start taking profits after a successful year-to-date rally. It retreated to a low of €7,300, which was a few points below this month’s high of €7,395. ECB tightening done The CAC 40 index has been in a bullish trend this… Continue reading CAC 40 forms a double-top as LVMH, Hermes, Kering stocks rallies

LPL Financial has upgraded “technology” to neutral after growth dominated value in the first quarter of 2023. Technicals suggest upside in tech stocks Tech stocks are still trading at a significant premium versus the benchmark S&P 500 index. On top of that, fundamentals, including earnings growth are not too convincing for the sector at large.… Continue reading Jeffrey Buchbinder sees ‘further potential gains ahead’ in tech stocks

Entain PLC (LON: ENT), on Wednesday, announced to have acquired 365scores (sports media business) for $150 million. Shares ended roughly flat today. Details of the 365scores acquisition The betting and gambling company expects this acquisition that includes up to $10 million of contingent payments to help broaden its offerings and drive future growth. The press… Continue reading Entain buys 365scores: what’s in it for the gambling group?

Toronto-Dominion Bank (TSE: TD) is in focus today after the Canadian lender became the most-shorted bank in the world. Why are shorts betting against TD Bank Data from S3 Partners on Wednesday confirmed that short bets against the financial services behemoth are now worth a whopping $3.7 billion.   Part of it is related to… Continue reading TD Bank is now the world’s most-shorted lender: here’s why

Shares of FedEx Corp (NYSE: FDX) are trading up this morning after the logistics company raised dividend and announced a few changes to its structure. FedEx raises dividend by 10% On Wednesday, the multinational increased its annual payout by 10% to $5.04, as per the press release. That spoke volumes about the company’s confidence in… Continue reading Should you buy stock after FedEx announcement today?

PostFinance, the fifth-largest financial services company in Switzerland, is set to offer cryptocurrency to over 2.69 million customers. The banking giant, fully owned by the Swiss government, has partnered with digital assets provider Sygnum Bank to roll out the crypto trading and custody services.  As such, PostFinance will leverage Sygnum Bank’s fully regulated B2B banking… Continue reading Swiss bank PostFinance to offer Bitcoin and crypto to 2.69 million customers

IAG (LON: IAG) and EasyJet (LON: EZJ) share prices have done well in 2023 as the aviation industry recovery continued. EasyJet shares have jumped by over 50% this year while IAG has jumped by less than 20%. Other airline stocks like Ryanair and Wizz Air have also bounced back.  IAG vs EasyJet share prices EasyJet… Continue reading IAG vs EasyJet stocks: Is EZJ still the better investment?