Stock Research

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?

Cannabis stocks have been in a major sell-off in the past few months as concerns about the industry remain. The closely-watched AdvisorShares Pure US Cannabis ETF (MSOS) was trading at $5.32 on Tuesday, its lowest level on record. It has dropped by over 90% from its all-time high. The same is true with the Global… Continue reading What happened to Cannabis stocks as their ETFs sink?

The share price of ANZ (ASX: ANZ) moved sideways on Wednesday as investors reacted to the latest Suncorp merger news. The stock also wavered after the latest interest rate decision by the Reserve Bank of New Zealand (RBNZ) and Australia (RBA). It was trading at A$23.34, which was ~4.70% above the lowest point in March… Continue reading ANZ share price staggers after the RBA and RBNZ divergence

Virgin Galactic (NYSE: SPCE) stock price has been in a steep sell-off in the past few months. This sell-off intensified this week after its sister company, Virgin Orbit, decided to file for bankruptcy protection. The stock plunged to a low of $3.41, the lowest level since January. Will Virgin Galactic file for bankruptcy? One of… Continue reading SPCE stock forecast: Virgin Galactic is guilty by association

Gold continued to build on its recent gains on Tuesday after the monthly jobs data signalled the labour market was finally starting to cool off a little (read more). Brown’s bull case for Newmont Corporation stock At writing, gold is only a few bucks away from hitting an all-time high. Still, Josh Brown – the… Continue reading Josh Brown just bought Newmont Corporation stock: here’s why