Stock Research

Lloyds (LON: LLOY) share price has risen in the past three straight weeks as concerns about the banking sector eased. The stock jumped by more than 1% on Thursday after the strong house price index (HPI) data, which we wrote about here. It jumped to 49.05p, which was ~12.45% above the lowest level in March.… Continue reading Here’s why the Lloyds share price is bouncing back: is it a buy?

It’s been a kind few months for cryptocurrency investors. After getting pillaged last year, the sector has rebounded emphatically.  The surge comes mainly in response to a shift in the expectations around the economy going forward. More specifically, expectations around the actions of the Federal Reserve.  Last year, interest rates tightened at the fastest pace… Continue reading Why are crypto prices rising? Sector struggling but inflation and interest rates pushing prices up

MLPs are some of the most important companies in the mid-stream energy sector because of the transportation and storage services they offer. Enterprise Products Partners (NYSE: EPD) and Energy Transfer (NYSE: ET) are some of the biggest firms in the industry. Other prominent MLPs are TC Energy, Kinder Morgan, and Magellan Midstream Partners. Enterprise Products… Continue reading Energy Transfer vs Enterprise Partners: which is the better MLP stock?

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