Meme Stocks Lack a Fundamental Thesis
One recurring argument against meme stocks mania is that they lack a fundamental thesis. However, the sharp increase of share prices is having
[...]
Authorglobalstocksnews
Fed’s Hawkish Stance Spooks Investors
The Federal Reserve’s latest policy update seems to have spooked investors in the stock market. The closely watched Federal Reserve meeting on Wednesday
[...]
DraftKings (DKNG:NASDAQ): Short-seller’s Report Takes Bets Off the Table
Shares of DraftKings (DKNG:NASDAQ) fell by as much as 6% in the pre-market and dropped by as much as 14% after a report
[...]
U.S Equities Continue to Discard Inflation Worries
Despite hotter than expected Consumer Price Index (CPI) figures, U.S. equities rose, with indexes flirting with all-time highs. The consumer price data released
[...]
Wendy’s (WEN:NASDAQ) looks appetizing, but should investors indulge?
Shares of Wendy’s (WEN:NASDAQ) surged by as much as 25% on Tuesday after a post on WallStreetBets touted Wendy’s as “the perfect stock”.
[...]
Tesla (TSLA:NASDAQ) approaching a watershed moment as China sales weaken
Headwinds for Tesla (TSLA:NASDAQ), as sales in China fell by 50% in May, continuing its declining trend from the month before. In April,
[...]
AMC Entertainment (AMC:NYSE) Enjoy the Movie Scene till Gears Shift to Fundamentals
If you had invested $1,000 in AMC stock at the beginning of the year, your investment would have surpassed $25,000 as at the
[...]
Meme stocks are back, but for how long?
The stock market seems to have rekindled its risk appetite. Bolstered by the prospects of a full reopening of the economy, enthusiastic investors
[...]
Nvidia’s (NVDA.NASDAQ) Pre-Earnings Stock Split Announcement is Well Timed
On May 21, 2021 Nvidia (NVDA.NASDAQ) announced a 4-for-1 stock split for each shareholder who held the company’s shares as of June 21,
[...]
Anti-trust concerns on 7-Eleven’s acquisition keeps investors on the sidelines
Investors should brace themselves for fireworks surrounding 7-Eleven’s latest acquisition going by the scathing statements of the United States Federal Trade Commission (FTC).
[...]