Shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) ended another 10% down on Thursday after the beleaguered retailer announced plans of a reverse stock split. Shareholders are yet to approve the reverse stock split The chain of retail stores wants its shareholders to vote in favour of the reverse stock split at the meeting… Continue reading Bed Bath & Beyond stock ended another 10% down: find out why
Stock Research
Shell PLC expects up to $1.2 billion of corporate loss in Q1
Shell PLC (LON: SHEL) ended in the green on Friday after the multinational said it expects higher gas output in the first quarter of 2023. Here’s what Shell PLC expects for its Q1 On the downside, though, the oil giant now expects up to $1.2 billion of corporate loss (adjusted) related to one-off tax charges,… Continue reading Shell PLC expects up to $1.2 billion of corporate loss in Q1
Pinterest stock outlook: Raymond James sees upside to $33
Pinterest Inc (NYSE: PINS) has already gained about 25% this year but a Raymond James analyst is convinced it’s not done pleasing its shareholders just yet. Pinterest stock could climb another 20% Aaron Kessler assumed coverage of the social media company on Friday with an outperform rating. His $33 price target suggests another 20% upside… Continue reading Pinterest stock outlook: Raymond James sees upside to $33
Metacade offers fresh investment opportunity as MCADE lists on major exchanges
Metacade just had its first major post-presale success with the listing on leading decentralised exchange platform Uniswap. And with further listings scheduled for Bitmart and MEXC Global, interest in one of GameFi’s most exciting projects is hitting new levels. The outlook for MCADE price going forward suggests the project presents an enticing investment opportunity, particularly… Continue reading Metacade offers fresh investment opportunity as MCADE lists on major exchanges
Kinder Morgan vs Enbridge: Which is a better stock to buy?
Crude oil and natural gas prices have become increasingly volatile as investors weigh the demand and supply outlook. As a result, this volatility has hit oil and gas companies, with the Vanguard Energy ETF (VDE) falling by 2% in the past three months. In such a situation, investors can consider investing in MLPs, which tend… Continue reading Kinder Morgan vs Enbridge: Which is a better stock to buy?
Down 37% from 2022 high, is the Yes Bank share price a bargain?
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?
Is Costco stock a safe bet as a slowdown in consumer spending weighs on sales?
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?
TD Bank short sellers are betting on these headwinds
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
Barclays share price forecast: investment banking risks remain
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