Spotlight: Billionaire Loads Up on Unlikely Stock
You may not be familiar with Global Blue but it’s certainly grabbed the attention of the investment team at Third Point, run by billionaire Dan Loeb, who have got excited about it and understandably so when you peel back the covers.
The company specializes in tax-free shopping but it’s expanding into financial technology services, and has enjoyed a stunning increase in revenues over the past few years. » Read more about: Spotlight: Billionaire Loads Up on Unlikely Stock »
Read MoreMarket Commentary: Blowoff Top?
When does the market top? Looking back at prior bubbles, one rule of thumb to internalize is “when price goes vertical, a top may be near”. If you’re the mathematical type, think of the angle of ascent that price takes. Usually, a bull market plods along, slow price rises push up against the Wall of Worry.
» Read more about: Market Commentary: Blowoff Top? »
Read MoreMarket Commentary: Why Did Nvidia Go Up So Much?
A powerful investing lesson lies hidden in the movement of Nvidia this year. As the calendar turned to 2023, the stock was trading at $143 per share. Within fewer than two quarters, it had catapulted well above $300 per share. What could justify a 169% year-to-date return?
Read MoreMarket Commentary: Is This The Safest Bank In America?
In 2022, Forbes released a “Best Banks In America” list and placed one little-known bank at the top of the list. Impressively, it was the third time five years that the bank had topped the prestigious list. Yet few investors are aware of this under-the-radar bank: Home Bancshares.
At time when interest rates are rising and banks are dropping like flies,
» Read more about: Market Commentary: Is This The Safest Bank In America? »
Read MoreSpotlight: 8 Analysts Just Upped Guidance On This Coffee Giant
Starbucks, a name synonymous with coffee, has grown beyond a mere chain of coffee shops to become a global icon in the beverage industry.
Unlike your regular run-of-the-mill local coffee shop, Starbucks has scaled its operations globally, transcending cultural and geographical boundaries. Its global footprint, though, has created its own set of challenges involving complex logistics like supply chain management,
» Read more about: Spotlight: 8 Analysts Just Upped Guidance On This Coffee Giant »
Read MoreThe Burst
14 Billion Reasons To Avoid Fast Growth
It seems every generation needs to learn the same lesson the hard way. In 2000, when technology stocks were flying high but fundamentals failed to justify the valuations, the fear of missing out on big gains caused many to chase higher highs and regret it.
More recently, a similar type of investment, draped in narrative and shy on fundamentals,
» Read more about: 14 Billion Reasons To Avoid Fast Growth »
Read MoreThe Ivy
The Horrifying Chart That May Forecast A Plunge
Technical charts are littered with examples of historical comparisons. Is the most recent bullish run-up in the S&P 500 similar to the 1929 peak? Is the hype around AI similar to the buzz around the internet in 2000? Is the soaring Nvidia stock chart akin to the bull run in Cisco 24 years ago?
It’s hard to tell looking at a stock chart alone whether history will repeat or simply rhyme,
» Read more about: The Horrifying Chart That May Forecast A Plunge »
Read MoreThe Daily
UK's Thames Water in fresh funding crisis after shareholders refuse to invest
By Sarah Young
LONDON (Reuters) -Thames Water, Britain’s biggest water utility, could face temporary nationalisation next year if it cannot resolve a standoff between the regulator and its shareholders that has blocked an injection of funds, it said on Thursday.
Investors in Thames, a poster child for the failures of privatisation in Britain,
» Read more about: UK's Thames Water in fresh funding crisis after shareholders refuse to invest »