Stock Research

CleanSpark Inc. (NASDAQ: CLSK), one of the largest Bitcoin mining companies in the world, has announced the purchase of an additional 45,000 Antminer S19 XP mining machines. The Bitcoin miner bought the new machines for a total of $144.9 million, according to details shared in a news release on Tuesday. CleanSpark shares traded higher following… Continue reading CleanSpark shares jump 10% as firm announces purchase of 45,000 bitcoin miners

CarMax Inc (NYSE: KMX) opened about 10% up this morning after reporting profit for its fourth financial quarter that topped Street expectations by a massive margin. CarMax shares up on robust margins The Richmond-headquartered firm recorded a 21.1% decline in used vehicles sales and 41.6% in wholesale vehicles sales. Still, CEO Bill Nash said in… Continue reading CarMax share price is up 10% on Tuesday: find out why

First Republic (NYSE: FRC) stock price has moved sideways in the past few days even after the company suspended its preferred dividends. The shares have remained at $14.16 ahead of the upcoming quarterly earnings report. They have crashed by more than 93% from the highest point in 2021.  Difficult but logical decision The biggest banking… Continue reading FRC stock price analysis: does the reward outweigh the risks?

Glencore (LON: GLEN) stock price has wavered in the past few days as investors focus on the ongoing Teck Resources acquisition drama. The stock jumped to a high of 484.65p on Tuesday, the highest point since March 9 after Teck rejected the company’s offer. It has jumped by ~14.9% from the lowest point in March.… Continue reading Glencore stock: blurry vision as Teck Resources stands fim

Warren Buffett has gone bargain hunting as the Berkshire Hathaway (NYSE: BRK.A) stock trailing the S&P 500 index this year. The 92-year-old Oracle of Omaha landed in Japan on Tuesday morning where he will remain for about 3 days. In his trip, he will meet with the heads of the five sogo shoshas that he… Continue reading Warren Buffett goes bargain hunting in Japan’s sogo shoshas

AltSignals price so far hints at major interest in AI coins, with the trading signals project’s upcoming launch of an Artificial Intelligence powered algorithm driving its native token’s presale.  Indeed, Bitcoin price scotching past resistance to nestle above $30,000 on Monday, the first time the top coin had broken the resistance in 10 months, has… Continue reading Render (RNDR) price outlook: AI coin rallies amid bullish shift for AltSignals (ASI)

The Rolls-Royce (LON: RR) share price has moved sideways as the recent comeback fades. The stock was trading at 147.3p on Monday, a few points below the year-to-date high of 159.45p. It has jumped by more than 126% above last year’s low of 65.06p. Civil aviation recovery Rolls-Royce has been one of the top-performing companies… Continue reading As the Rolls-Royce share price stalls, is it a buy or a value trap?

Burberry (LON: BRBY) share price has done well in 2023 as investors place their bets on the reopening of Hong Kong and Mainland China. The shares jumped to a high of 2,603p in March, the highest point on record. In all, it has soared by over 21% this year, which is a better performance than… Continue reading Burberry share price pattern points to a pullback unless this happens

Apple Inc (NASDAQ: AAPL) is in focus late on Monday following reports that weakening consumer demand is hitting its global computer shipments. Apple stock reacts to a hit to Mac shipments Data from IDC revealed today that Mac shipments in the first three months of 2023 tanked a whopping 40.5% on a year-over-year basis. That… Continue reading Apple stock down on a big decline in Mac shipments: buy the dip?