Why Are Chinese Stocks BABA, BILI, IQ Up Today? 2022/12/02 17:25:33 InvestorPlace
Source: Sean Pavone / Shutterstock Chinese stocks are climbing higher on Friday as investors continue to hope that the country will ease off of Covid-19 restrictions . China remains one of the few countries in the world still holding firm to lockdowns and restrictions due to the pandemic. However, that’s been weighing on its economy for some time and is causing problems. There’s been increasing talk lately that China will abandon its Zero Covid policy in favor of a full reopening. While that hasn’t happened yet, the country is moving forward with vaccination and booster shots ahead of a potential reopening. When Will China Reopen? Current forecasts have China reopening in the first half of 2023 . This isn’t an official outline from the Chinese government. Instead, it’s expectations from experts as they predict the country will slowly loosen restrictions in the coming months. And those predictions are doing wonders for Chinese stocks today. Several shares are on the rise as investors regain hope that lockdowns in the country will come to an end soon.
Apple Buying More Twitter Ads Despite Elon Musk Claims: Report 2022/11/30 21:17:13 Techtelegraph
Photo: XanderSt (Shutterstock) On Monday, Elon Musk picked a public fight with Apple, accusing the company of freezing its advertising on Twitter and wondering aloud if the alleged pause was because “they hate free speech in America.” In fact, Apple spent $84,615 on Twitter ads that very same day, according to data from Pathmatics, a […] The post Apple Buying More Twitter Ads Despite Elon Musk Claims: Report appeared first on TECHTELEGRAPH .
Shutterstock falls as JMP Securities downgrades, citing increased competition from AI 2022/11/28 13:20:58 Seeking Alpha
Shutterstock (SSTK) shares fell on Monday as investment firm JMP Securities downgraded the stock photography provider, citing an increase in competition from generative…
SNDL Stock: 3 Key Things to Watch When SNDL Reports Earnings 2022/08/08 20:42:46 InvestorPlace
Source: Shutterstock On Aug. 12, SNDL (NASDAQ: SNDL ) will report its second-quarter earnings after the market close. Last month, the Canada-based marijuana company received approval from shareholders to complete a 1-for-10 reverse stock split , which it has since enacted. The company conducted the reverse split in order to stay in compliance with Nasdaq requirements. Now, shareholders have even more news to watch ahead. Reverse splits reduce the number of shares outstanding to increase the price per share. However, this does not fundamentally change anything about the company. Following the reverse split, there are now 237.9 million common shares of SNDL stock outstanding. In addition to the split, shareholders also approved the company’s name change from “Sundial” to “SNDL” last month. The company will publicize more details on the rebranding once it releases earnings. SNDL recently announced that Chief Administrative Officer David Gordey has stepped down as well. With that in mind, let’s take a look at three key metrics investors will want to watch out for in SNDL’s upcoming earnings.
7 Short-Term Stocks to Buy for a Quick Profit 2022/08/08 20:32:19 InvestorPlace
While most people don’t like to see red ink in their investment portfolios, at the same time, that negative print comes from volatility — and volatility in either direction presents opportunities for short-term stocks to buy for a quick profit. Here, the narrative isn’t necessarily about finding a great company on discount. Rather, it’s to scalp some favorable pricing action and get some fast cash in your pocket. Though some short-term stocks to buy for a quick profit may turn out to be winners over the long haul, the framework we’ll be utilizing is geared specifically for pure speculation and trading. In other words, you don’t want to get too hung up on the fundamentals of the underlying firms. To paraphrase what Harrison Ford told a young Mark Hamill , this isn’t that type of an investment. Instead, we’re dealing largely with leveraging mass human emotions to facilitate some money on the go. Therefore, if you have the nerve, here are interesting ideas for short-term stocks to buy for a quick profit.
7 Cheap Lithium Stocks to Buy for Big Upside 2022/08/08 20:31:46 InvestorPlace
Investors watched electric vehicle (EV) stocks rise monumentally through the pandemic only to taper off as the realities facing the sector continue to take shape. Slump considered, it’s fair to conclude that electric vehicles are here to stay — as well as the cheap lithium stocks whose products are key to EV manufacturing. In fact, a recent statistic points to the fact that EVs now comprise more than 5% of the automotive market share. That’s an important number because to many, it represents something of a tipping point. That means EVs are likely to be a permanent fixture in the automotive industry regardless of individual opinion. That brings us to lithium, a dominant material in the manufacturing of electric vehicles. Given that EVs are here to stay, lithium stocks are pick-and-shovel investments worth considering. Let’s jump into the equities in the sector that have upside and strong market positions. LAC Lithium Americas Company $28.72 SLI Standard Lithium $5.90 ALB Albemarle $246.
The 7 Most Undervalued Value Stocks to Buy Now 2022/08/08 19:55:53 InvestorPlace
Value stocks are always a sensible class of equities to consider as an investment. It’s all about finding stocks that are believed to be trading below where they should be based on fundamental metrics. Identifying value is part science and part art. The science requires calculating metrics that determine a given stock’s fundamentals. Basically, anything that can be measured can be considered fundamental. Price-to-earnings (P/E) ratios, revenue, net income, earnings per share (EPS), the list goes on and on. The art is the subjective area of identifying value stocks. It’s really about taking those objective fundamental metrics and subjectively qualifying them as representing “value.” That’s what this list is all about. These are companies with objective metrics that make them appear subjectively undervalued. In other words, these are strong investment opportunities. Let’s take a look at these seven undervalued value stocks. WMT Walmart $127.58 URI United Rentals $322.66 ALLY Ally Financial $33.49 ABBV AbbVie $140.51 VLO Valero $106.38 INTC Intel $35.40 META Meta Platforms $170.43 Undervalued Value Stocks: Walmart (WMT) Source: Sundry Photography / Shutterstock.com Walmart (NYSE: WMT ) stock might not be in such a bad place at the moment.
GBT Stock Alert: Pfizer Is Officially Acquiring Global Blood Therapeutics 2022/08/08 16:12:51 InvestorPlace
Source: ra2 studio/Shutterstock Last week, Global Blood Therapeutics (NASDAQ: GBT ) stock was thrust into the spotlight on reports of a potential buyout bid from Pfizer (NYSE: PFE ). Today, though, Pfizer has officially disclosed that it will buy the company for $5.4 billion . Now, GBT stock is moving more than 4% higher this morning. Global Blood Therapeutics mainly develops treatments for sickle cell disease (SCD). The company’s flagship product is Oxbryta, which “directly targets the root cause” of SCD. The U.S. Food and Drug Administration (FDA) has already approved Oxbryta for use. Last week, The Wall Street Journal reported that Pfizer was “in advanced talks” to buy out Global Blood Therapeutics “for about $5 billion.” That report, while not a full confirmation of the buyout, was enough to send GBT stock higher. Some folks might have worried, though, that this would be an instance of “buy the rumor, sell the news.” However, the GBT stock bulls are still clearly in control after Pfizer officially sealed the deal on the acquisition.
6 Biotech Stocks to Buy Now Ahead of These June Catalysts 2022/06/03 21:11:37 InvestorPlace
The market is beginning to turn the corner after a very uninspiring performance in most of the first half. Logic dictates that the rebound will likely be led by beaten-down sectors and stocks. On that count, pharma and biotech stocks are ideal candidates for a stronger recovery, given their underperformance relative to the broader market over the past year and a half. Any potential recovery in biotechs will become sustainable only if the anticipated technical bounceback is supported by fundamentals. Higher numbers of drug approvals, successes in clinical trials, acquisitions and a positive regulatory backdrop could go a long way toward restoring investor confidence in the sector. Source: Chart By TradingView New molecular entity (NME) approvals — indicator of innovation in drug research — are yet to pick up the pace. NMEs are drugs containing active ingredients that haven’t been approved by the Food and Drug Administration in the past. Statistics provided by the FDA show that thus far in the year, 15 NMEs have been approved, less than the 25 approvals issued by the same time last year.
New Crypto Alert: Optimism (OP-USD) and How It Became This Week’s Top Story 2022/06/03 20:25:55 InvestorPlace
I don’t know about you – but I’m always happy to see a new, high-profile crypto launch that has nothing to do with a Shiba Inu, ape, or goblin. And that’s just what we got this week from Optimism ( OP-USD ), now available on Binance and Coinbase as well as decentralized exchanges (DEXs) like Uniswap. Source: WindAwake / Shutterstock Optimism is one of the top “Layer 2” scalability solutions for Ethereum ( ETH-USD ). And its OP crypto hit the scene this week as an “airdrop,” primarily for its users and for “Active Ethereum Participants.” For example, if you’re active in a decentralized autonomous organization (DAO), or if you like Ethereum apps – but find yourself “bridging to other chains due to high fees” to use them – then you could claim a certain number of OP tokens. Optimism’s airdrop didn’t go entirely smoothly. “Panicked users complained that some claimants were able to claim their tokens [before] Optimism officially tweeted about the launch” on Tuesday evening, as CoinDesk describes … Then the price promptly fell from $4.50 to more like $1.30 after a lot of recipients immediately sold their OP crypto.
6 Undervalued Dividend Stocks Paying Yields Up to 2% Or More Now 2022/06/03 19:43:56 InvestorPlace
These undervalued dividend stocks are bargains based on their valuations. Investors in these stocks will get paid to wait, with yields up to 2% or more. Most of these companies have higher than 2% yields, and also good earnings, cash flow, and/or sales prospects going forward. They are also trading with cheap valuations based on earnings or price-to-sales. As a result, investors might want to invest in several of these undervalued dividend stocks. This will allow investors to diversify the earnings growth and yield aspects of their portfolios. A little bit of diversification goes a long way to simultaneously providing stability and upside to the investor’s portfolio prospects. 7 Overlooked Value Stocks to Buy Before Wall Street Catches On Let’s dive in and look at these stocks. FANG Diamondback Energy $154.42 OVV Ovintiv $57.60 GS Goldman Sachs $318.95 CVE Cenovus Energy $23.90 HRB H&R Block 36.09 NVDA Nvidia $186.71 Undervalued Dividend Stocks: Diamondback Energy (FANG) Source: Pavel Kapysh / Shutterstock.com Dividend Yield: 1.8% Diamondback Energy (NASDAQ: FANG ) is an oil and gas company with assets in the Permian Basin in West Texas.
7 Cheap Stocks to Buy for June 2022 2022/06/03 15:21:39 InvestorPlace
There are still plenty of cheap stocks out there. And by that I mean stocks that are trading at low price to earnings and sell for around $15 share or less. We’ve seen some pretty encouraging action in the stock market in the past few weeks, but remember, the S&P 500 is still down about 13% year to date, and the NASDAQ 100 is down about 22%. There may be more downside here. The market volatility was a naturally occurring condition before the central banks stepped in and cooled off the global economy for the past decade or more. Now, as central banks loosen their grips, there is a massive amount to process. Huge amounts of cash sloshing around, low unemployment, higher wages, rising interest rates and inflation. And that doesn’t even take into account the supply chain issues — China is still on lockdown — an active war in Europe and huge commodity demand and supply issues. 7 Overlooked Value Stocks to Buy Before Wall Street Catches On All these cheap stocks are well-positioned to not only survive but thrive in coming quarters.
NAMM 2022: Audio Design Desk Launches Media Bridge Offering Over 500,000 Free Sounds and Access to Millions More 2022/06/03 15:00:00 Benzinga
ADD, the DAW for video, now integrates with many popular stock media libraries. Learn more at the 2022 NAMM Show, booth #15105. LOS ANGELES , June 3, 2022 /PRNewswire-PRWeb/ -- Audio Design Desk , the award-winning creative tool that has revolutionized how artists create audio for video, is excited to introduce Media Bridge, a revolutionary new feature, at this year''s NAMM Show ( Booth #15105 ). Media Bridge is a unified stock media delivery and management system. It gives Audio Design Desk users access to over 20,000 free music cues from Free Music Archive, 500,000 free sounds from freesound.org , and millions of media assets from paid services such as Envato, Epidemic, Artlist and Shutterstock. Media Bridge will download, tag metadata, add Sonic Intelligence™, edit and organize each file so artists can quickly find, audition and use their assets without leaving their DAW or NLE. Speaking about this latest Audio Design Desk innovation, founder Gabe Cowan said: "This is the biggest update since the original launch of ADD, and we are thrilled to be releasing the public beta at NAMM 2022.