ShukriMahadi

ShukriMahadi

The Bank of England’s dramatic intervention in government bonds has ignited a global bounce from stocks to debt, underscoring how every asset remains at the mercy of monetary officials in crisis-fighting mode. After British policymakers pledged a fresh round of debt buying, the S&P 500 surged 2% in its best rally since 2020. But we’re not out of the woods yet. For...

ShukriMahadi

Fears of a global recession and deepening woes in Europe are pushing the dollar higher, and few on Wall Street expect to see a change in its trajectory soon. After the U.S. currency’s strongest first half in over a decade, investors sheltering from falling stocks and betting on U.S. economic resilience have helped power a continued rapid ascent. The WSJ Dollar...

ShukriMahadi

Teladoc Health, Inc. TDOC recently expanded ties with the largest alliance of labor unions and labor management coalitions — the National Labor Alliance of Health Care Coalitions (“NLA”). As a result of the move, TDOC’s virtual care products and services portfolio will be extended to NLA this time. The alliance is likely to strengthen the position of Teladoc...

ShukriMahadi

Roblox Corporation provided revenue guidance for the November 2021. For the month, the company’s revenue is estimated to be between $184 million to $187 million, up 84% to 87% year over year.

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Shares of Alibaba notched their best day since June 2017 as markets smiled on restructuring at the Chinese e-commerce giant. The shares were poised to rise again Tuesday. U.S.-listed stock of Alibaba (ticker: BABA) jumped 10.4% Monday, the biggest one-day rise since June 8, 2017—when it rose 13.3%—and the stock had surged a further 5.3% in premarket trading...

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Mispricing Possibilities. Did yields weaken amid tapering? Is gold strengthening? Weirdo! I'll be cautious with gold!

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Digital Turbine (APPS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this mobile software...

ShukriMahadi

Alibaba Group (9988) and Tencent Holdings (HKG:0700) are considering opening up their services to each other as Beijing clamps down on anti-competitive practices in the tech sector, The Wall Street Journal reported Wednesday, citing people familiar with the matter. The potential move will likely break the virtual wall that the two tech giants have built,...

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It has been about a month since the last earnings report for Splunk (SPLK). Shares have added about 25.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Splunk due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at...

ShukriMahadi

Alibaba (BABA) has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock. Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat. Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese...

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Summary Nvidia's Q1 revenue stood at $5.66 billion, topping the Street's estimates. The chipmaker outperformed many other semiconductor companies as well. Cryptocurrency overhang could open up a buying opportunity for long-term investors.

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Why It Happened Roku’s first quarter earnings report was an absolute killer. Usage was strong. Roku added 2.4 million accounts in the quarter, grew the number of accounts on the platform by 35% year-over-year, and got those folks to collectively watch 18.3 billion hours of content through Roku in the quarter (up 49% year-over-year). Roku monetized that increased...

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Tesla’s issues in China started in March when its EVs were prohibited from some military complexes and housing compounds because of concerns about sensitive data being collected by cameras and sensors in its vehicles. Shortly after the ban became public, Musk said during a virtual appearance at a conference in China that the automaker would never use technology in...

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US economy is well on its way to digging itself out of the pandemic US vaccine rates prompt market and dollar optimism The Fed will eventualy have to catch up to the market US economy and yields set to surge higher Dollar to ride the yield surge, both are headed higher America is hiring and getting more stimulus Higher bond yields to prompt investors to re-think...

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All major US indices dropped on Wednesday, with underperformance being seen in the Nasdaq 100. Further poor hard data for the month of February may have weighed on market sentiment. US equity markets traded on the back foot for the majority of Wednesday’s session, with all three of the major bourses erasing premarket gains to close in the red. The Nasdaq 100 was...

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Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company's products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers....

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US stock futures were leaning forward in the premarket session as traders mull interest rates that appear to be stabilizing after certain benchmark yields, such as those on 10-year US Treasuries, hit one-year highs earlier in the week. Optimism that an end to the COVIID-19 pandemic is in sight is also high following the release of official federal data that showed...

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PLTR declined 9.2% in the last trading session, 17.4% over the past five days, and 37.2% since February 9, in part because insiders sold shares following the expiration of the lock-in period following the stock’s listing. Insiders were initially allowed to sell just 20% of their shares; the limit on their ability to sell their remaining 80% expired last week....