Alpha Returns
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On June 12, the U.S. Bureau of Labor Statistics will release CPI data for May at 8:30 a.m. ET. Economists anticipate the report will provide additional evidence that inflation is returning to a cooling trend after flaring up in Q1. Bloomberg statistics show analysts expect the headline CPI to increase by 0.1% during May, which would amount to a 3.3% YoY rise, while core CPI will likely increase by 0.3% MoM...
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News Highlights
$Tesla (TSLA.US)$ shares rose by 6.25%, closing at $218.51. Its options trading volume is 2.48 million. Call contracts account for 52.3% of the whole trading volume.
Billionaire investor and Baron Capital CEO Ron Baron envisions Tesla Inc achieving a $4 trillion market capitalization in a decade, a sentiment shared by company CEO Elon Musk.
Musk responded to Baron's hopeful estimates on Thursday, stating,...
$Tesla (TSLA.US)$ shares rose by 6.25%, closing at $218.51. Its options trading volume is 2.48 million. Call contracts account for 52.3% of the whole trading volume.
Billionaire investor and Baron Capital CEO Ron Baron envisions Tesla Inc achieving a $4 trillion market capitalization in a decade, a sentiment shared by company CEO Elon Musk.
Musk responded to Baron's hopeful estimates on Thursday, stating,...
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Alpha Returns
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$Albemarle (ALB.US)$ is the latest victim of a weak lithium pricing environment. Despite higher volumes leading to a 10.5% rise in net sales to US$2.31 billion, its net income dropped 66.3% YoY to US$302.5 million.
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...
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Columns What to Expect in the Week Ahead (Tesla's 2023 Investor Day; TGT, COST, LI and AMC Earnings)
The tail end of fourth-quarter earnings season and several economic indicators will be this week's highlights. With roughly 35 companies left to report, $S&P 500 Index (.SPX.US)$ earnings are down more than 3% from the same period a year ago, according to Refinitiv.
$Occidental Petroleum (OXY.US)$, $Workday (WDAY.US)$, $Li Auto (LI.US)$ and $Zoom Communications (ZM.US)$ will publish their latest results ...
$Occidental Petroleum (OXY.US)$, $Workday (WDAY.US)$, $Li Auto (LI.US)$ and $Zoom Communications (ZM.US)$ will publish their latest results ...
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Global major asset classes mostly declined since the start of 2022, as the Federal Reserve continued to raise funds rate, and the geopolitical crisis continued to escalate.Energy and farm products were the lone gainer in the commodity futures market.
· Major US indices all edged lower in 2022, as the S&P 500 index declined 21.26%. The U.S. Dollar Index continued to rise throughout the year, while the RussianRuble was the lone gainer among all t...
· Major US indices all edged lower in 2022, as the S&P 500 index declined 21.26%. The U.S. Dollar Index continued to rise throughout the year, while the RussianRuble was the lone gainer among all t...
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$AMC Entertainment (AMC.US)$ so now what? hold/ sell?
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After doing a little more research and watching the Chinese stock market these are my suggestions for pre market $China Pharma (CPHI.US)$ $Co-diagnostics (CODX.US)$ $Gilead Sciences (GILD.US)$
$Aimmune Therapeutics (AIMT.US)$ $Vaxart (VXRT.US)$
$Aimmune Therapeutics (AIMT.US)$ $Vaxart (VXRT.US)$
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