Delta Air Lines earnings: ‘we’re getting ready for a strong summer’

Delta Air Lines Inc (NYSE: DAL) is trading down this morning after reporting earnings for is fiscal first quarter that came in slightly below the Street estimates. Delta Air Lines issues strong guidance On the plus side, though, the air carrier now expects record revenue in its current financial quarter. Per-share earnings, it added, will… Continue reading Delta Air Lines earnings: ‘we’re getting ready for a strong summer’

ContextLogic: Wish stock has more downside but don’t short it

ContextLogic (NASDAQ: WISH) stock price has crashed to a record low as investors remain concerned about the company’s future. The parent company of the popular Wish.com, dropped to an all-time low of $7.8, bringing its market cap to over $185 million. The implosion of Wish.com continues Wish.com is a leading e-commerce brand known for its… Continue reading ContextLogic: Wish stock has more downside but don’t short it

Novogratz: Long gold, euro and bitcoin as ‘clearest trades’

Novogratz is bullish on Bitcoin and Ethereum, and gold and the Euro. As the broader market looks for a clear path amid recent macroeconomic events, including the mayhem witnessed after major bank collapses, Galaxy Digital CEO Mike Novogratz offered his outlook for what could be the best trades in the year. Why bitcoin, gold and… Continue reading Novogratz: Long gold, euro and bitcoin as ‘clearest trades’

Lloyds share price target lifted ahead of bank earning season

Lloyds (LON: LLOY) share price dropped sharply on Thursday even after the encouraging UK GDP numbers. The shares dropped to a low of 47.95p, which was ~11.20% below the highest point this year. Focus now shifts to the upcoming bank earning season. Bank earnings season The biggest bank and finance news of the weel will… Continue reading Lloyds share price target lifted ahead of bank earning season

CAC 40 index: sky is the limit as Kering, LVMH stocks flies

The CAC 40 index jumped to a record high on Thursday as investors cheered the strong performance of LVMH, the biggest European company. The index, which is made up of the biggest European company, jumped to a high of €7,453, which was about 32% above the lowest level in December. LVMH stock price surges The… Continue reading CAC 40 index: sky is the limit as Kering, LVMH stocks flies

Intel stock price forecast: 26% upside despite PC, semi slump

Intel (NASDAQ: INTC) stock price has drifted downwards as concerns about the PC industry remain. After rising to a high of $33.78 this month, the stock pulled back to $31.98. It has jumped by more than 29% from the lowest level this year. PC recovery to take time Intel and other semiconductor stocks have been… Continue reading Intel stock price forecast: 26% upside despite PC, semi slump