Stock Research

Shares of ContextLogic Inc (NASDAQ: WISH) went up as much as 40% today after the eCommerce company announced a share repurchase programme. How many shares will it buy back? On Friday, the Nasdaq-listed firm confirmed that it plans on buying back up to $50 million worth of its stock. The programme that will be effective… Continue reading ContextLogic stock jumped 40% on Friday: here’s the catalyst

S&P 500 up 8.0% year-to-date at writing is pretty much as far as it would go in 2023, says John Lynch. He’s the Chief Investment Officer at Comerica Wealth Management. S&P 500 is not out of the woods just yet More alarmingly, Lynch expects the benchmark index to actually trade down in the short term.… Continue reading Comerica’s Lynch expects S&P 500 to retest October lows

Procter & Gamble Co (NYSE: PG) is in the green this morning after reporting market-beating results for its third financial quarter. P&G’s guidance for the future Shareholders are cheering also because the consumer goods company raised its outlook. For the full year, it’s now calling for a 1.0% increase in sales versus flat to down… Continue reading P&G CEO on Q3 earnings: ‘very pleased with where we stand’

C3.ai (NYSE: AI) stock price has lost its bullish momentum as investors assess its role in the artificial intelligence industry. After soaring to the year-to-date high of $34.56 on April 3, the shares have now plunged to about $20. C3.ai is highly overvalued C3.ai share price has done well this year as investors place bets… Continue reading C3.ai stock price analysis: on the cusp of a 33% meltdown

UK stocks have done well this year, with the FTSE 100 rising by ~6% this year and by ~18% above the lowest point in 2022. The index is nearing an all-time high of £8,050. Boohoo (LON: BOO) share price has not been left behind in this rebound after rising by 60% this year. Is the… Continue reading Boohoo share price analysis: where fundamentals meet technicals

The aviation industry has staged a strong recovery, with many companies reporting higher revenues than before the pandemic. As a result, most airline stocks have jumped sharply from their pandemic lows. EasyJet (LON: EZJ) share price jumped to a high of 527p, the highest point since May last year. It has jumped by over 85%… Continue reading EasyJet share price braces for a big rally if this happens

Elevance Health (NYSE: ELV), the giant insurance company, had a strong performance in the first quarter as the number of insurance enrolments increased. Its revenue and earnings per share (EPS) were better than estimates. Elevance said that its revenue jumped to $41.9 billion in the first quarter a 10.6% increase from what it made in… Continue reading Elevance Health revenue growth hurt by a $1.8B unrealized loss

Yesterday, I published a piece looking at the dominance of the US stock market since the Great Financial Crash in 2008.  In this 14-year time period, the S&P 500 has steamrolled all before it. Generating a 358% return since 2009, investors who have blindly punted the biggest stock market in the world have enjoyed tremendous… Continue reading Long-term investing: S&P 500 decline now in top 10 over last century

Intuitive Machines (NASDAQ: LUNR) stock price jumped by more than 25% in the premarket as traders cheered a major NASA contract. The shares jumped to $13, the highest level since March 20 of this year, giving it a market cap of more than $875 million. Why is Intuitive Machines surging? Intuitive Machines is a company… Continue reading LUNR stock price analysis: is Intuitive Machines a good buy?