In late 2016 and early 2017, profitability deteriorated rapidly at Mexican budget airline Volaris (NYSE:VLRS)due to market disruptions caused by the U.S. presidential election. Fears about a crackdown on trade or immigration under President Trump led to a sharp drop in the Mexican peso and a down
Global interest rates jumped Friday to their highest level since the U.K.s vote to leave the European Union, in a sharp global government-bond selloff sparked by hawkish comments from Federal Reserve officials and policy inaction by the European Central Bank.
Welcome to the September edition of EV company news. As this goes to publication, the Paris Auto Show is underway. The European car makers are active this year in Paris, with several electric vehicle offerings or announcements. You can read more here.
Global EV sales – As of end August 2016
Global EV sales have been rising steadily in 2016, up 55% YTD compared to 2015. Global....More>>>
April 4, 2018: Markets opened lower Wednesday but equity indexes managed to pull themselves out of a pretty deep hole. Early lows followed on news of reciprocal tariffs imposed by China on a variety of U.S. goods including aircraft and some cars. Whether the eventual turnaround was due to less anxiety over the impact on American firms from Chinese tariff or investors buying the dip doesn’t....More>>>
BGI Genomics, the contract sequencing and diagnostics divisions of China genomic company BGI, is edging closer to an IPO. The company expects to raise $250 million on Shenzhen’s Chi-Next Exchange sometime in July, following all-but-final approvals from China’s Securities Regulatory Commission. Known as a world leader in basic science sequencing, BGI Genomics....More>>>
What Trump trade war with China? Inflation? Who cares about that?
That general sense of “who cares about risks” has been the name of the game coming off first quarter earnings calls. Execs at the biggest companies sounded more upbeat on their financial prospects than they have in some time, according to fresh research from Goldman Sachs. The investment bank mined the earnings....More>>>
Greetings from Beijing, China… You probably won't want to hear what I have to say today. You won't want to believe me. You might even be angry with me… or call me "un-American." But I'm not being un-American (or pro-Chinese) today. I'm just calling it like I see it… Beijing – the capital of Communist China – is more....More>>>
Millennials — love them or hate them, they are the crux of the workforce. Since the spring of 2015, those who are aged roughly 20 to 36 years have become the largest working demographic. Millennials are no longer the future of our society. The eldest of the group are the front face of our nation. Yet when it comes to investing, too many are suggesting stock picks that are awful for this generation.
November has been a bad month for Clean Energy Fuels (NASDAQ:CLNE). The natural gas refueling company has lost around 10% of its value this month, with most of the decline coming after the company released mixed third-quarter results. I am saying mixed because Clean Energy had missed the top line estimate by around 6.5%, even though it trumped the earnings estimate by $0.02 per share.
Chairman, President and CEO of First Internet Bancorp (NASDAQ:INBK) David B Becker bought 5,000 shares of INBK on 09/20/2017 at an average price of $30.02 a share. The total cost of this purchase was $150,100.
First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana. It offers Residential Mortgage, Consumer,....More>>>
Going into PayPal’s (NASDAQ:PYPL) first-quarter financial report, investors were still digesting the announcement made in February by eBay (NASDAQ:EBAY). The company revealed that it had decided to process its own payments as soon as allowable under its separation agreement with PayPal. The news sent PayPal’s shares falling by as much as 10%, while eBay climbed 15%. As I pointed out....More>>>
I view Blue Apron (APRN) as more of a mix of a fine dining and casual dining restaurant than as an upscale grocery store. Taking into consideration this point of view, I calculate what I believe will be their future gross margin in 2021. I did this by averaging the gross margins of Whole Foods (WFM) and Fogo de Chao (FOGO) over the past four years. I picked Whole Foods because the....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
Shares of Weibo (NASDAQ:WB) and its parent SINA (NASDAQ:SINA) tumbled 14% and 10%, respectively, after posting their first quarter results on May 9. The sell-off was surprising, since both companies easily beat analyst expectations.
Weibo’s revenue rose76% annually to $349.9 million, topping estimates by $7.4 million. SINA’s revenue, mainly supported byWeibo, rose 59% to $440.8....More>>>
Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is thefifth mostshorted stock on theNASDAQ with short interest of 47.69% according to Highshortnterest.com.
Applied Optoelectronics is a leading small cap developer and manufacturer of advanced....More>>>
Four companies are targeting $247 million in the last active week of the 2017 IPO market. LexinFintech (Pending:LX), a Chinese online microloan company, leads the pack with the largest deal of the week. Other IPOs include a life insurer and two small healthcare deals. While it is unusual to see s
Tech behemoth Alphabet Inc (NASDAQ: GOOGL; GOOG) reported Q2 2017 earnings after the market closed today with results beating expectations. Revenue rose about 21% to $26.01 billion as Google's ad revenue, which accounts for a lion's share of its business, rose 18.4% to $22.67 billion on robust de
Chinas cloud computing market size is expected to grow to 430 billion yuan ($64.68 billion by 2019). Technavio also estimates that the data center industry of China is growing at a CAGR (Compound Annual Growth Rate) of 13%. Im not surprised that Advanced Micro Devices (AMD) is pushing hard its la