AMEX:UVXY
CBOE:VIX
UVXY can be used as a hedge for market downturns. While the latest GDP figures point to 2.1% growth, the latest unemployment rate of 3.8% should be a concern despite the job creation. Being one from the supply chain industry, some of the forward-looking data points include PMI, LMI. Let us not forget LEI too.
However, given the top...
Analysts have adjusted earnings estimates and thus, an earnings beat does not always translate to good prospects for some of the businesses:
Earnings Estimate Management
From the earnings forecast by Investing above, we can note the following:
The coming EPS forecast (for the period ending 06/2023) is worse than the previous period ending 03/2023.
In fact,...
CNBC has reported recently the surge of AFFIRM shares after better-than-expected results as per the screenshot above.
AFFIRM (a buy now pay later business) has published some exciting highlights.
Let us look at their GAAP and non-GAAP reconciliation in detail:
AFFIRM makes a profit in the most recent quarter by using non-GAAP measurements. Using the whole...
VinFast hit the news with a 700% stock value surge.
VinFast became the world's 3rd most valuable automated after listing and what do we know about VinFast?
(The financial information is taken from their SEC submissions.)
From Income statement, I have a few observations (in USD$) for 3 months ending 31 March 2023:
Total revenue is $65.11M.
Note that there is...
