News
Walgreens (NASDAQ:WBA) formerly the premier retail drug store operator from the last 20 years of the 20th century (i.e. 1980s and 1990s) reports their fiscal Q1 ’24 financial results before the opening bell on Thursday, January 4th, 2024. Analyst consensus is expecting $0.63-0.64 per share in EPS, while revenue and…
Copper prices are set to soar more than 75% over the next two years amid mining supply disruptions and higher demand for the metal, fueled by the push for renewable energy. Rising demand driven by the green energy transition and a likely decline in the U.S. dollar in the second half…
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year.From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year, Eisman believes there’s little tolerance for things…
Thesis ‘Valuations, valuation, valuations’ those words should be front and center in any investor’s mind as we enter 2024. With a forward P/E ratio that is now above its 5- and 10-year averages, the S&P 500 is no longer cheap: S&P 500 P/E Ratio (FactSet) A retail investor should not…
Looking ahead to this year, analysts think some of 2023’s losers could come out on top, while shares of last year’s other tried-and-true winners, such as Nvidia and Warner Bros. , could continue to rise. Stocks had a bull run in 2023, defeating bearish sentiment that had weighed on investors’…
A simplified Free Application for Federal Student Aid is finally online after a significant delay.However, as part of a “soft launch,” the new FAFSA form has only been periodically available. It’s likely few, if any, of the millions of students applying to college for the 2024-25 academic year have been able to…
Texas Pacific Land Trust’s (TPL) investors had a very tough 2023. It was rough to see the broader markets power higher driven by tech. However, a land investor playing on the oil and gas theme can look past that. One did expect TPL to suddenly announce that they had found…
Regulators around the world from Europe to Asia ramped up efforts to bring about formal laws for digital currencies in 2023 — but it was the U.S. that took some of the harshest legal actions against major players in the industry.In a year that saw crypto heavyweight Binance ordered to…
Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year.And a number of commentators CNBC spoke to — both inside and outside of the cryptocurrency industry — expect the rise to continue.After hitting a record high in 2021, bitcoin had a rough 2022,…
Investors in PayPal Holdings, Inc. (NASDAQ:PYPL) are likely assessing whether the worst in its price decline could be over since my previous update in October (pre-earnings). I argued that while PYPL is expected to “stage a momentary reversal given oversold conditions,” there’s still much for PYPL buyers to prove to…