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Occidental Petroleum reports its first quarter 2023 results this Tuesday, May 9, after the market closes. Warren Buffett has denied that he will take control of the company. The company's fair value...
Silver’s spot price hits more than one-year high at $26.146, then retraces Just like gold has potential for $2,500/oz, silver could breach $30 at some point A sustainable break above $26.92...
Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin's rally from last week was halted while Ethereum tested a key support level after...
International hotel reservations and airport travel volumes are increasing, leading to positive results for the travel industry in Q1 23 Airbnb's business is expanding and has good financial...
Wednesday will bring the U.S. CPI report for April, forecast to show sticky inflation Fed chatter on whether there’ll be a June hike or not could bombard markets China data expected to show...
U.S. CPI inflation, regional banking woes, more earnings in focus this week. Airbnb stock is a buy with big earnings beat on deck. Rivian shares are a sell amid expected weak Q1 results, sluggish...
Let's cut through the noise of the past week with a Pro Recap of the top analyst takeaways that may very well forecast the next major market trend: AMD's rating slash at BofA, plus big upgrades for...
Uber's Q1 earnings were better than expected. InvestingPro data indicates that the company's growth potential is solid. Fair Value data also shows that the stock is currently available at a...
The biotech sector looks ripe for a rebound Vertex Pharmaceutical has been a strong outperformer since 2022 Strategic advantages and strong financial health should allow VRTX to continue to...
The U.S. stock market faces a triple-whammy of risk events and developments next week. U.S. CPI inflation, the regional banking crisis, and the debt ceiling showdown will be in focus. Looking for more...
US gas storage 33% above year-ago, 20% higher than the five-year average Stay neutral or short any gas rally, says Citigroup, which sees Q2 price of $2.20 Technical charts, however,...
Berkshire Hathaway, led by Warren Buffett, is a financial conglomerate with a focus on long-term investments. InvestingPro's Fair Value Index suggests that the stock has high growth potential. The...
Three US banks have failed so far in 2023, marking the second, third, and fourth largest bank failures in history. But, certain stocks have outperformed the market despite the challenging...
The possibility of the Federal Reserve pausing its rate hikes has led to a surge in gold prices, reaching a new all-time high above $2,080 an ounce. Traders are betting that policymakers will be...
Apple's Q2 2023 earnings forecast shows a decline in revenue and earnings per share, indicating vulnerability to the challenging macroeconomic environment Still, the company's cash pile and low EPS...
The current high-interest rates scenario favors the financial sector And the U.S. banking crisis brought European Banks and Insurance companies' valuations to more affordable levels The soundness of...
The Federal Reserve is widely expected to raise interest rates by 25 basis points this week. In this piece, I will highlight ten stocks well placed to ride out further turmoil in the months ahead,...