May 2024 - Page 96 of 270 -

Why The Meme Stock Rally Was Shorter This Time And Who Benefited The Most

May 21, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Like the market dynamic involving meme coins on various blockchain networks, GameStop (NYSE: GME) stock is heading for its normal range. On May 14th, GME shares boosted the gaming retailer’s market valuation to $14.91 billion. This range was last seen in November 2021.Now at a $6.57 billion market cap, this translates to […]

A Closer Look At Inflation: How The Fed’s Rate Hikes Actually Exacerbate Inflation In Shelter

May 21, 2024 Jeremy Parkinson Finance 0

Yesterday I discussed how virtually the entire issue of inflation remaining above the Fed’s target was the housing sector. Let me start today’s post where I left off yesterday: namely, that the net level of divergence between total headline inflation and shelter inflation of 1.15% is one of the highest such divergences in history and the […]

Reaching The End Of Offshored Industrialization

May 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may be less interested in trading. Also, the broken supply lines of 2020 and 2021 showed that transferring major industries offshore could lead to […]

Apeiron embraces competitiveness to drive Web3 gaming growth

May 21, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Web3 game Apeiron announced the start of its Guild Wars tournament on May 21, featuring a $1 million prize pool. The competition will start with different regional online preliminaries up until June 25, followed by an in-person showdown set to happen in Hong Kong in Q3.Frank Cheng, co-founder of Apeiron, explained to Crypto Briefing that […]

Dividend Aristocrats In Focus: Fastenal Co.

May 21, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Dividend Aristocrats consist of S&P 500 companies that have raised their dividends for at least 25 years in a row. Each year, the list changes as new companies are added (and occasionally are removed when streaks end).Fastenal Co. (FAST) was the one addition to the Dividend Aristocrats list in 2024.Fastenal increased its […]

European Cannabis Q1 2024 Quarterly Update

May 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash 2024 ushered in one of the most reformatory changes that the global medical cannabis community has ever witnessed. The EU market received a massive spotlight on the potentially explosive growth coming and the much-needed injection of investors entering back to the sector. Shifts The first major shift that was announced came for the […]

Uniswap Labs claims SEC will fail, urges agency to drop enforcement action

May 21, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Uniswap Labs has urged the SEC to drop its pending enforcement action against the company. Arguing through a response to the agency’s Wells notice, Uniswap Labs CLO Martin Ammori said that the SEC would have to redefine what an exchange is to have jurisdiction over Uniswap. Today we responded to the SEC’s Wells notice We […]

Cloud Stocks: Twilio Builds Its AI Portfolio

May 21, 2024 Jeremy Parkinson Finance 0

Photo Credit: Gerd Altmann from Pixabay Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its first quarter results that outpaced market expectations. Twilio continues to focus its efforts on integrating its Segment acquisition into the core business. Twilio’s Financials Twilio’s first quarter revenues grew 4% to $1.05 billion, ahead of the market’s forecast of […]

Implied Volatility May Rise Into Nvidia’s Results

May 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The VIX is stuck around 12 currently until tomorrow’s OPEX, and then it may begin to rise again, heading into Nvidia results.Video Length: 00:06:09More By This Author:Stocks Finish Flat As Rates Recover Post-CPI Declines Stocks End Higher As Implied Volatility Drops Following CPI Report Stocks Rally On Post CPI Volatility Crush

Q1 2024 U.S. Retail Scorecard – Tuesday, May 21

May 21, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash To date, 147 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 73% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 25% reported earnings that fell below estimates. […]