Enviva Collapses after Lowering Guidance and Canceling Dividend

About all the bad news that one single stock could see happened to Enviva (NYSE:EVA) today. As a result, shares are down over 64% at the time of writing. What in the world could possibly hit a company that makes industrial wood pellets this hard? First, Enviva reported its first-quarter results. Its revenues weren’t bad, … Continue reading “Enviva Collapses after Lowering Guidance and Canceling Dividend”

REIT returns outpace gains in broader markets for 2nd straight week on strong earnings

Rasi Bhadramani REIT returns outpaced gains in broader markets for the second straight week on the back of strong quarterly earnings from major names. FTSE Nareit All Equity REITs rose 1.04% from last week, while the mortgage REITs index increased by 1.56%. Comparatively, S&P 500 was up by a mere 0.87%. The broader real estate … Continue reading “REIT returns outpace gains in broader markets for 2nd straight week on strong earnings”

Money and Markets Digest

Money & Markets modules for Tuesday, April 25, 2023 Google’s parent company, Alphabet, and McDonald’s report their latest quarterly earnings. The Conference Board issues its monthly consumer confidence report Coca-Cola bubbled higher after giving investors an encouraging financial update.   Political Cartoons   Oscar Health, an insurance company, named industry veteran Mark Bertolini as CEO … Continue reading “Money and Markets Digest”

NEWR Stock: Making Sense Of Business Data

New Relic New Relic NEWR $0.71 0.95% 85% IBD Stock Analysis Stock now emerging from a consolidation with buy point of 80.98 Early entries available for aggressive investors at 75.50 and 76.25 Relative Strength Rating is 93 out of 99; Composite Rating is 92 Composite Rating Industry Group Ranking Emerging Pattern Consolidation * Not real-time … Continue reading “NEWR Stock: Making Sense Of Business Data”

Why investing Social Security in the stock market would be a terrible idea

Investing the Social Security trust fund in stocks rather than bonds would be a bad idea. That’s because equities don’t always outperform bonds over the long term. Social Security could very well end up in worse financial shape if its trust fund is invested in stocks instead of Treasury bonds, in which current law requires … Continue reading “Why investing Social Security in the stock market would be a terrible idea”

Crypto Analyst Predicts Bitcoin and Altcoin Implosion Amid Incoming Recession and Stock Market Collapse

A closely followed crypto analyst is predicting an implosion for Bitcoin (BTC) and altcoins as he believes that a recession and a stock market collapse are on the horizon. In a new strategy session, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that Bitcoin bulls are betting on a sustained rally following … Continue reading “Crypto Analyst Predicts Bitcoin and Altcoin Implosion Amid Incoming Recession and Stock Market Collapse”

How these traders are preparing for a slowing economy

As traders prepare for a slowing economy, they’re dumping cyclicals and reaching for old stalwarts. Ritholtz Wealth Management CEO Josh Brown said that he bought gold mining stock Newmont to play the surge in gold prices as investors turned to bullion in the wake of the recent banking crisis. Brown called Newmont the “highest quality … Continue reading “How these traders are preparing for a slowing economy”

ASML Stock Nears New Highs As European Chip Giant Sets For Big Turnaround

If you were to judge ASML (ASML) stock from its sales and earnings, it would be hard to believe it belongs in the IBD Big Cap 20. X FactSet data shows a mix of gains and declines in quarterly performance for the Netherlands-based chip equipment provider. That data includes a 5% decline in 2022 earnings … Continue reading “ASML Stock Nears New Highs As European Chip Giant Sets For Big Turnaround”

The biggest financial crises of the last four decades By Reuters

© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen in front of a branch office in Bern, Switzerland November 29, 2022. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss … Continue reading “The biggest financial crises of the last four decades By Reuters”

Inflation relief checks live updates: stock market, recession, student loans, tax refunds, banking crisis

Central banks get together to increase flow of US dollars A group of central banks has announced a joint measure to boost the amount of US dollars in the global financial system, in an effort to help stem the crisis that has hit the banking sector in recent days. “The Bank of Canada, the Bank of … Continue reading “Inflation relief checks live updates: stock market, recession, student loans, tax refunds, banking crisis”