May 11 2023 🕓 3 min
Rivian rises with strong results and future plans
Rivian may be in a good spot for a buy, as the company reported not as bad results as expected. Will this be only a correction?
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
October 29 2021 🕓 2 min
Musk is by far the richest person on Earth – Tesla breaking records
What is the reason behind the increasing attention to Elon Musk and Tesla in the past couple of days? One can say that it is due to the biggest car rental company in the United States – Hertz. This company has made a deal Tesla to buy more than 100 000 cars, which it plans to rent out in the future.
October 28 2021 🕓 3 min
Cirrus Logic Inc (CRUS) – basic stock analysis
Cirrus Logic, Inc., provides low-power, high-precision mixed-signal processing solutions in the United States and internationally. The company was incorporated in 1984 and is headquartered in Austin, Texas. Our estimated price for the company is around USD 85. Extremely negative and positive target price estimates range from USD 75 to USD 98.
October 25 2021 🕓 3 min
DAX struggling at 50-day average
EU bourses are lagging behind their US counterparts. Will today's US session help them higher?
October 23 2021 🕓 2 min
Correction fears are over – indices are looking at their all time highs!
It only took couple of weeks to see the tables turn completely. While only few weeks ago we saw panic spreading around the Evergrande problems, which was compared to Lehman Brothers, it only took a bit of time to see indices looking at their respective ATH again.
October 22 2021 🕓 3 min
FTSE stuck near previous highs
The Footsie index has failed to post new highs and corrected lower. It remains the weakest among the major indices.
October 22 2021 🕓 3 min
USANA Health Sciences Inc (USNA) – basic stock analysis
USANA Health Sciences, Inc. develops and manufactures science-based nutritional and personal care products. It was founded in 1992 and is headquartered in Salt Lake City, Utah. Our estimated price for the company is around 127 USD. Extremely negative and positive target price estimates range from 96 to 160 USD.
October 18 2021 🕓 3 min
Dow looks bullish again, jumps above 50-day average
Is the latest correction over? If yes, the Dow will most likely rise to new highs soon.
October 16 2021 🕓 3 min
SP500 advances above 50-day average & short-term downtrend line
Equities staged an impressive rally yesterday. Will the trend continue today?
October 15 2021 🕓 3 min
Alibaba Group Holding Limited (BABA) – basic stock analysis
BABA provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers. The company was incorporated in 1999 (Hangzhou). Our estimated price for the company is around 338 USD. Extremely positive and negative target price estimates range from 261 to 492 USD.
October 12 2021 🕓 3 min
FTSE ticks higher after UK jobs data
The index has been consolidating for months in a narrow range. Unfortunately, the boring sideways trading might continue..
October 8 2021 🕓 2 min
How are Facebook stocks holding up after a 6-hour outage?
Probably the most impactful news this week is outage of Facebook, Instagram, and Whatsapp. These services were unavailable for almost 6 hours. How has it affected Facebook's stocks?
October 5 2021 🕓 3 min
Super Micro Computer (SMCI) – basic stock analysis
Super Micro Computer, Inc., develops and manufactures high-performance server and storage solutions based on modular and open architecture. It was incorporated in 1993 and is headquartered in San Jose, California. Our estimated price for the company is around 34 USD. Extremely positive and negative target price estimates range from 31 to 40 USD.