Is Your Favorite Pharmacy About To Go Belly Up?
Walgreens Boots Alliance stands at a critical juncture in the company’s 170-year history with revenues of $147 billion but a market capitalization of just $7 billion.
A heavily burdened balance sheet has been the prime culprit of the stock’s downfall but, under new CEO Tim Wentworth, management is undertaking an ambitious realignment aimed at stabilizing the core pharmacy business while taking the chop to some of its healthcare investments. » Read more about: Is Your Favorite Pharmacy About To Go Belly Up? »
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Did Musk Just Reveal Why Nvidia Goes Higher?
Five years ago, Nvidia traded at $36 per share. It now hovers around $1,145 per share. At first glance, it’s hard to reconcile not only the price rise but the market capitalization. Nvidia trades at a valuation of $2.8 trillion. For comparison, Apple has a market cap of $2.9 trillion.
Apple generated $383 billion in revenues last year and reported net income of $96 billion.
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1 ETF Set To Way Outperform?
A joke went viral recently when a comedian wrote a skit about two people arguing over the merits of the US Dollar and Bitcoin respectively. Had you invested $10,000 in Bitcoin in 2010, you would have almost $100 million now, according to the skit writer. If you left your $10,000 in fiat currency you would have about $8,500.
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Is This The Steal of The Century?
Imagine I hold up $100 and offer it to you for $95, would you take the deal? At face value it’s a sure bet, but you would probably be wondering what the catch is? Is the Benjamin Franklin note real or fake? Are you about to make $5 or lose $95? Well, that’s the same trade-off to make when investing in a company that trades below cash value,
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37.9% Upside In Overlooked AI Stock
Some concerns have arisen in recent months that the fuel behind the AI fire is starting to wane. The flagship AI stock, NVIDIA, gained 156% through the first six months of the year, but Nvidia shares only gained 18.8% since the midpoint of 2024. While that is still substantial growth, it reflects investors’ concerns about AI’s ability to generate substantial revenue.
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Read MoreThe Burst
What Price Exactly Should Palantir Trade At?
Palantir Technologies (NYSE:PLTR) has successfully ridden the AI wave of the last two years to produce outstanding shareholder returns.
The stock traded at less than $7 as recently as the beginning of 2023 but has since risen by over 6x. This sudden spike in prices begs the question of whether the market is valuing Palantir appropriately today.
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Read MoreThe Spotlight
Will Bitcoin Rise 16.1x?
In November 2012, the first bitcoin halving cycle was recorded, and the event reduced the reward for mining new Bitcoin blocks by half. Every four years or so 210,000 blocks are mined and the rate at which new bitcoin is mined is cut by 50%.
The supply limit and increased difficulty have been instrumental in the thesis that bitcoin’s price can only rise in time to offset the inflationary effects of fiat currency.
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Read MoreThe Daily
Buyers Cautious as Rates Decrease
Mortgage rates dropped, but buyer activity stayed low last week. A Fed rate cut seems unlikely, though bond policy changes could eventually lower rates.
NEW YORK – Mortgage rates moved slightly lower last week,