Nio Inc (NYSE:NIO) has placed a “temporary hold” on its vehicle production activities at Hefei’s JAC-NIO manufacturing plant. It is a temporary suspension that will span about five working days, set to kick start on March 29, 2021. The company discloses that it had no choice but to place the temporary hold because of the […]
Brendan Byrne
Bitcoin Model Projects Continued Trend (BTBT, AXXA, MSTR)
Dan Morehead, CEO and co-chief investment officer at Pantera Capital, a blockchain hedge fund, noted this week in an emailed newsletter that Bitcoin was actually ahead of schedule toward its forecast of $115k. Pantera’s prediction is apparently based on the stock-to-flow model, which is a way of understanding the value of an asset based on […]
All Eyes on Oil Stocks as Shortage Fears Grow (MTDR, AGYP, FANG)
The oil market is likely going to become a big deal in 2021 because 2020 featured such brutal action, at one point taking the price of WTI Crude down to negative $40/barrel – an all-time low. That crash was precipitated by lockdowns associated with the COVID-19 pandemic health crisis, specifically in March thru May. More […]
Coca-Cola Co (NYSE:KO) Will Sell Stake In Bottling Unit In South Africa For $669 Million
As part of the agreement reached with local regulators, Coca-Cola Co (NYSE:KO) will offload its stake in the South African bottling plant for $669 million. The local investors get a stake in the bottling plant at a discounted rate. The sale of a stake in the bottling plant helps the American drinks giant to comply […]
Facebook Inc. (NASDAQ:FB) Considering An Antitrust Lawsuit Against Apple Inc. (NASDAQ:AAPL) Over App Tracking Transparency
Apple Inc. (NASDAQ:AAPL) will launch a new privacy feature when the company unveils the next iOS 14 version and that has generated some anger from social media giant Facebook Inc. (NASDAQ:FB). App Tracking Transparency to stop user activity tracking The iPhone maker’s App Tracking Transparency feature has become a flashpoint between the tech giants. The […]
Bitcoin Stocks Back in Focus (RIOT, AXXA, MARA)
JPMorgan, one of the world’s largest investment banks, predicts Bitcoin could reach a value of $146,000. According to a Bloomberg report published last month, analysts said the digital currency could overtake gold, becoming the go-to inflation-hedge asset, helping to drive its price through the roof. Elon Musk, the richest person in the world and the […]
A Minute Long Video Of Jack Ma Provides Respite For Alibaba Group Holding Ltd (NYSE:BABA)’s Investors: Expects To Pay Penalties Of $7.8 Billion For Abusing Market Dominance
Jack Ma’s appearance in a minute-long video last week gave much-needed reprieve for Alibaba Group Holding Ltd (NYSE:BABA) after the crackdown by the regulator into its business practices. However, the investors still grapple with the dilemma of questions that wiped out its market value of $150 billion. Expects to post the lowest growth in Q3 […]
The Nutrition Supplement Growth Theme Heats Up (USNA, HLF, TQLB, CELH)
The stock market is in full-bull mode in recent months, driven by massive monetary and fiscal stimulus, outperforming economic data, a de-escalation in political tension, extraordinary strides on the pandemic vaccine front, and, perhaps most importantly, the emergence of enthusiastic participation from mom & pop retail investors. As that process has played out with increasing […]
Momentum Stocks Catch Fire as Market Boils (AMC, FCEL, CMGR, MMEDF)
In case you haven’t noticed, the stock market is making your neighbor rich. Feel bad yet? He just bought another sports car a few hours ago. The family across the street just went to Aspen for a week-long ski trip because they diverted their savings into SPACs. Love it or hate it, it is what […]
Nvidia Corp (NASDAQ:NVDA) And AMD (NASDAQ:AMD) GPU Prices To Increase With 25% Tariffs on Chinese Imports
In 2020 there was a shortage of Nvidia Corp (NASDAQ:NVDA) and AMD (NASDAQ:AMD) graphic cards and high-end gaming PC developers that didn’t buy them then could find it more difficult this year because they will cost more. This is because of the 25% Trump tariffs on Chinese imports which will increase the cost of processors, […]
Investing in the Bitcoin Stock Market (HVBTF, ISWH, MARA, RIOT)
JPMorgan, one of the world’s largest investment banks, predicts Bitcoin could reach a value of $146,000. According to a Bloomberg report published this week, analysts said the digital currency could overtake gold, becoming the go-to inflation-hedge asset, helping to drive its price through the roof. Again, this is JPMorgan, one of the most respected and […]
Social Media Influencer Stocks are Changing the Game (FB, ENGMF, TONJ, SNAP)
The social media influencer space is the future of marketing and branding, a fact made very clear by the recent story of Kylie Cosmetics, a cosmetics brand started by Kylie Jenner, one of the most successful social media influencers on the planet. Kylie Cosmetics was valued at nearly $1.2 billion when it sold a controlling […]
Walmart Inc. (NYSE:WMT) Removes Minimum Order Value For Free Shipping For Walmart+ Members
Walmart Inc. (NYSE:WMT) has announced that it will do away with the $35 minimum order value for its Walmart+ membership program. The retailer is making the offer competitive with Amazon.com Inc.’s (NASDAQ:AMZN) Prime subscription ahead of the holiday seasons, especially during this time when online shopping is booming. Walmart+ subscribers to enjoy free shipping within […]
Coca-Cola European Partners (NYSE:CCEP) Adapted A Cultural Shift To Cope With Pandemic-Induced Supply Chain Disruption
The COVID-19 pandemic disrupted supply chains across the globe and Coca-Cola European Partners plc (NYSE:CCEP), which bottles Coca-Cola in 13 countries, had to keep up with these disruptions. Cultural change to adapt to a new norm Nico Orie, the company’s VP of People and Culture, indicates that they had to make cultural and technological changes […]
Uber Technologies Inc. (NYSE:UBER), And Lyft Inc. (NASDAQ:LYFT) Drivers To Continue Working As Independent Contractors
Uber Technologies Inc. (NYSE:UBER), Lyft Inc. (NASDAQ:LYFT) drivers, and workers of gig economy companies in California will continue to be treated as independent contractors after voters approved Proposition 22. This is a ballot measure allowing companies not to be treated as employees, which voters reportedly passed by 58%. Gig economy workers to continue as independent […]
