Fox stock price outlook after Tucker Carlson exit: buy or sell?

The Fox (NASDAQ: FOX) stock price plunged hard on Monday after the company decided to part way with Tucker Carlson, the controversial host. The shares retreated to a low of $29.29, the lowest level since January. This means that they have retreated by more than 10% from the highest point in March, meaning that they… Continue reading Fox stock price outlook after Tucker Carlson exit: buy or sell?

First Republic stock tanks 30% on Q1 results: ‘it’s a zombie bank’

First Republic Bank (NYSE: FRC) reported better-than-expected profit for its first financial quarter on Monday. Shares still plunged 30% in extended hours. Why is First Republic stock down? The bank stock is being punished for a massive hit to deposits that tanked 41% sequentially. On the plus side, though, deposits have stabilised in April. Still,… Continue reading First Republic stock tanks 30% on Q1 results: ‘it’s a zombie bank’

Tucker Carlson is quitting Fox News: here’s what we know so far

Fox Corp (NASDAQ: FOX) just slid into the red following an announcement that Tucker Carlson – its right-wing primetime host is quitting Fox News immediately. Is it related to the Dominion lawsuit? The news arrives only days after the mass media company agreed to pay nearly $800 million to Dominion Voting Systems to settle an… Continue reading Tucker Carlson is quitting Fox News: here’s what we know so far

Russell 2000: Brace for a sell-off – Morgan Stanley, Jeremy Grantham

The Russell 2000 index has been muted in the past few days as investors assess the next Fed action and the ongoing earning season. The index, which tracks the biggest small-cap companies in the US, was trading at $1,800, where it has been in the past few days. This price is ~5.3% above the lowest… Continue reading Russell 2000: Brace for a sell-off – Morgan Stanley, Jeremy Grantham

Getty Images shares opened 55% up on Monday: here’s why

Shares of Getty Images Holdings Inc (NYSE: GETY) opened about 55% up on Monday after Trillium Capital said it wanted to buy the visual media company. Details of the proposed buyout offer Trillium is willing to pay $10 a share for the Seattle-headquartered firm – a near 100% premium on its previous close. In the… Continue reading Getty Images shares opened 55% up on Monday: here’s why

Coca-Cola CEO on Q1 earnings: ‘aggregate demand is there’

Coca-Cola Co (NYSE: KO) is trading slightly up this morning after the beverage giant reported market-beating results for its fiscal first quarter. Coca-Cola stock up on future guidance Shares are in the green also because the company reiterated its outlook. Coca-Cola continues to see up to an 8.0% growth in its organic revenue this year… Continue reading Coca-Cola CEO on Q1 earnings: ‘aggregate demand is there’

Lithium stocks rebound strongly as fears around Chile’s nationalization strategy recede

Last week, President Gabriel Boric of Chile announced the launch of the country’s new national lithium strategy to usher in the age of electrification and decarbonization, ensure environmental sustainability and ultimately, cement its position as the global leader in the production of silvery-white metal. Primarily, the policy seeks to nationalize Chilean reserves and manage this… Continue reading Lithium stocks rebound strongly as fears around Chile’s nationalization strategy recede