Category Archive: Finance, No picture
Trulieve Cannabis Q4 Net Loss Increased By 32%
Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.) Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a constituent in the munKNEE American Cannabis MSO Stocks Index, announced its results for the fourth quarter ended December 31, 2023, last week, as follows: Q4 2023 Financial Highlights (The information below compares Q4 2023 with Q3 2023 and all figures are in U.S. dollars.) Revenue: UP […]
Market Morsel: Expectations Are Not Predictions
Image Source: Unsplash Longer term, I think there are more significant reasons to expect a weaker dollar, starting with our politicians’ (of both parties) newfound infatuation with industrial policy. Government-directed investment may create activity but long-lasting benefits have, in the past, proved quite elusive. The real problem with our government deficits and debt isn’t the […]
Cloud Stocks: Analysis Of Workday’s HiredScore Acquisition
Image Source: Unsplash Enterprise services provider Workday (Nasdaq: WDAY) recently announced mixed fourth-quarter results. It continues to expand its AI capabilities through both product development and acquisitions. Workday’s Financials Workday’s fourth quarter revenues grew 17% to $1.92 billion, at par with the Street’s forecast. Non-GAAP EPS grew 58% to $1.57, ahead of the market’s forecast of $1.47.By segment, […]
S&P 500 Earnings Dashboard 23Q4 – Friday, March 8
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 23Q4 Y/Y blended earnings growth estimate is 10.0%. If the energy sector is excluded, the growth rate for the index is 13.6%. Of the 494 companies in the S&P 500 that have reported earnings to date for 23Q4, 76.3% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q4 Y/Y blended revenue growth estimate is 3.7%. If the […]
Can You Borrow Your Way To Prosperity? American Consumers Are Giving It A Shot
Image Source: Unsplash Can you borrow your way to prosperity?American consumers are certainly giving it the old college try.Consumer debt surged once again in January, rising by $19.5 billion, according to the latest data from the Federal Reserve. On an annual basis, consumer debt rose by 4.7 percent to a record $5.04 trillion. The jump was double […]
India Could Dominate The World Or “Collapse In On Itself”
Image Source: Unsplash On paper, India looks amazing.I walked you through some of the reasons why on Tuesday—1.4 billion people 40% of them under the age of 25, the world’s fastest-growing economy, rapid digitization, and arms wide open to foreign investment.In this week’s Global Macro Update interview, I discuss opportunities in India with Cognitive Investments partner Jacob Shapiro. […]
Chart Of The Day: Bruker Measures Up
Image Source: Unsplash The Chart of the Day belongs to the medical instruments company Bruker (BRKR). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for […]
Nvidia Corp. DCF Valuation: Is The Stock Undervalued?
Image Source: Unsplash As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Nvidia Corp (NVDA). ProfileNvidia is a leading developer of graphics processing units. […]
Elliott Wave Technical Analysis: Costco Wholesale Corp. – Friday, March 8
Image Source: Unsplash COST Elliott Wave Analysis Trading Lounge Daily Chart, 8 March 2024Costco Wholesale Corp., (COST) Daily ChartCOST Elliott Wave Technical AnalysisFUNCTION: TrendMODE: Motive STRUCTURE: ImpulsivePOSITION: Minor wave 3. DIRECTION: Completion of wave 3 towards TL 8 or TL1.DETAILS: We are looking at upside in Costco as we seem to be extending higher with increasing […]
AUD/USD Climbs Higher Amid Mixed US Jobs Data, Lower US Yields
Image Source: Unsplash Australian Dollar rises and marks its third consecutive day of gains. US Nonfarm Payrolls outperform expectations at 275K, but rising unemployment and lower wage growth hint at a cooling job market. AUD/USD’s rally supported by dipping US 10-year Treasury yields and a weakening Dollar Index, amid global monetary policy recalibrations. The Australian […]
