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Intel stock was trading sharply lower in the US early price action today as markets gave a thumbs down to its quarterly earnings and guidance. Should you buy the dip in Intel stock? Intel’s second-quarter earnings were ahead of analysts’ estimates for both the topline as well as the bottomline. Its non-GAAP revenues increased 2%…
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Trading styles in the crypto market – Which one is the best? As much as it can be very popular, there are also many people who try to avoid crypto trading due to the risks associated with the market. In most cases, the risks of the crypto trading market come from the huge volatility of…
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Discover a New Way of Forex Trading with Tixee Online Platform Tixee is an online broker for stocks, forex, CFDs, indices, metals and energies, offering a trading platform for beginners and experienced traders. The brokerage firm provides a wide range of trading tools and educational materials, which is valuable to retail and institutional investors. With the…
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The second-quarter earnings season is in a full swing. Streaming giant Netflix is set to release its quarterly performance tomorrow after the close of markets. What should investors expect from the company? Netflix is the first FAANG stock to report its quarterly performance. This year, it is the worst-performing FAANG stock and is down almost…
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JPMorgan Chase stock was trading lower today. While America’s largest bank posted better than expected earnings, lower trading income and inflation data seem to be weighing on the sentiments. This week, several US banks and financial institutions including Wells Fargo, Goldman Sachs, and Morgan Stanley had scheduled their earnings. Both Goldman Sachs and JPMorgan Chase…
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Lordstown Motors (RIDE) stock has had a turbulent ride over the last year. In the latest turn of events, the US Department of Justice (DOJ) is said to be investigating the company. Lordstown Motors went public in 2020 through a SPAC (special purpose acquisition company) merger. It was spun out of Workhorse Motors and gets…
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Chinese EV (electric vehicle) companies including NIO, Li Auto, and XPeng Motors have released their June deliveries. While all the companies reported better than expected deliveries, their stocks did not react favorably. Li Auto released its June delivery report today. The EV company delivered 7,713 Li ONEs in the month which were 320% higher than…
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Virgin Galactic stock was trading sharply higher in early US trading today after the company announced an FAA (Federal Aviation Administration) approval for its space mission. “The adjustment to Virgin Galactic’s operator’s license, which the Company has held since 2016, marks the first time the FAA has licensed a spaceline to fly customers. It is…
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MicroStrategy stock is trading sharply lower in US market price action today amid the crash in bitcoin prices. Should you buy the dip in the stock? MicroStrategy’s core business is into providing business intelligence. However, the company has gradually morphed into a dual business where it has been acquiring bitcoins. Looking at the core business,…
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Barrick Gold stock was trading sharply lower in the US early price action today as gold prices tumbled after the Federal Reserve meeting. Should you buy the dip in Barrick Gold stock? Barrick Gold is the second largest gold mining company globally and like all gold miners, its earnings are sensitive to the movement in…
