Category Archive: Finance, No picture
Berkshire Hathaway Got A Big Boost From This Business In Q3
Image Source: UnsplashBerkshire Hathaway (BRK-A) (BRK-B), the conglomerate run by Warren Buffett, was trading lower on Monday, down about 2% as of 2:30 p.m. Eastern.The drop likely stemmed from the release of the company’s third-quarter earnings on Saturday (yes, Saturday), when it posted a net loss of $12.8 billion, or $5.88 per share.However, if you look […]
Asia Morning Bites For Tuesday, November 7
Image Source: UnsplashGlobal Macro and Markets Global markets: US Treasury yields continued to bounce back yesterday. 2Y yields rose 9.6bp, but remain below 5% at 4.934%, while 10Y yields rose 7.1bp to 4.643%. FX markets have only slightly readjusted to the higher yields, and EURUSD remains more or less unchanged at 1.0720. The AUD has lost a […]
Labor Shortage Hits US Coast Guard, Forces Reduction In Active Fleet Of Cutters
Image Source: UnsplashAs the Irasel-Hamas war rages on and threatens to erupt into a regional conflict across the Middle East, the US military faces problems meeting recruitment goals. The shortfall is on full display within the US Coast Guard, which lacks 3,500 service members, approximately 10% of its enlisted workforce, according to Forbes. Vice Commandant Adm. Steven Poulin […]
These 3 Stocks Popped Following Quarterly Results
Image Source: UnsplashEarnings season continues its rapid pace this week, as we’ve got another full slate of companies scheduled to report. So far, we’ve seen many positive surprises, helping to keep sentiment in check amid a recent FOMC announcement and other economic data readings.Concerning positive surprises, the shares of three companies – Shopify (SHOP), Roku (ROKU), […]
Why Are Online Banking Services Suddenly Being Disrupted On A Massive Scale All Over The United States?
Image Source: UnsplashShould we be concerned about all of the problems that are suddenly erupting at our banks? U.S. banks have been shutting down hundreds of branches, they have been laying off hundreds of branches, and as I discussed yesterday vast numbers of customer accounts are being unceremoniously shut down without any warning whatsoever. If all of that wasn’t bad […]
Current Analysis: KDDI
Image Source: UnsplashKDDI (KDDIY) is Japan’s second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share), and the second-largest provider of fiber-to-the-home broadband (12% market share).It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service.It is also looking to grow its […]
AUD/USD Uptrend Stalls Ahead Of The RBA’s Decision
Image Source: Unsplash AUD/USD sees a halt in its rally in anticipation of the RBA’s potential rate hike. Major Australian banks forecasting an increase from 4.10% to 4.35%. Inflationary pressures and strong retail sales figures bolster the case for further tightening by the RBA. RBA officials’ hawkish comments have primed markets for a rate adjustment, adding […]
How To Profit As LNG Production Doubles
Image Source: Unsplash I view liquefied natural gas (LNG) as the most critical energy source for the future. A recent report forecasts that LNG demand growth will continue to at least 2040 and double from current production levels. Several stocks let you participate in the attractive growth potential.VettiFi recently interviewed Stifel managing director Ben Nolan to discuss the […]
LUV Stock On Sale – How To Profit From This Incredible Buying Opportunity
Image Source: Unsplash Technical analysis of the stock chart for LUV.Video Length: 00:02:34More By This Author:ENPH Got CrushedMeta Platforms: An Interesting OpportunityBill Ackman Exits His Short Position – Here Is Why
Block: Stock Is Set Up For A Large Move (Technical Analysis)
Image Source: Unsplash I found that Block, Inc. (NYSE: SQ) has a good technical set-up for the stock which is supported by a positive earnings report, higher guidance, an attractive valuation, and strong expected long-term growth.The positive Q3 2023 results are a likely catalyst for the stock to run higher at least until the next earnings report or major catalyst. This […]
