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bby

Why is short interest in Best Buy less than its peers?

What is the short interest in consumer electronics retailer Best Buy (NYSE: BBY) ahead of its second-quarter financial results on August 30? On the last trading day, Best Buy had roughly 12 million shares in short interest, reflecting 5.97% of...
bnpl

ASX buy-now-pay-later stocks enter regulatory spotlight

From relative obscurity, buy-now-pay-later (BNPL) services have become instant superstars. As consumer preference shifts from credit cards to interest-free instalments, the market for BNPL providers also grows, attracting regulations that may curb their capabilities and the fast rate at which...
BHP

BHP Group to explore new territory of $53 per share?

This week is one of the busiest for the Australian Securities Exchange, with many of its biggest names delivering their respective earning reports. Among those reporting is the country’s largest mining company, BHP Group (ASX: BHP). BHP are expected to...
Rocket Lab

Are Rocket Lab’s shares undervalued?

In comparison with perceived market-leader SpaceX, Rocket Lab USA's (NASDAQ: RKLB) valuation is underwhelming. Given its $2.5 billion market capitalization, Rocket Lab is eclipsed by the $127 billion SpaceX. However, analysts believe that assessing Rocket Lab's true worth warrants a...
Pinterest

BlackRock’s crypto deal helps COIN shares ahead of Q2 results

Coinbase's shares breached a nine-week high and peaked at $101.18 in the first week of August following the announcement of its partnership with the world's largest asset manager, BlackRock. Shares of the cryptocurrency exchange platform operator had been on the...
nfp

How did the market react after July’s Non-Farm Payrolls?

The Non-Farm Payrolls (NFP) for July 2022 surprised many as it reported that the US economy added 528,000 jobs, more than twice the consensus forecast. Total NFP employment has now returned to the pre-pandemic level, when 20 million jobs were...
recession

Why isn’t the US officially in a recession?

The US has technically entered a recession in the second quarter 2022 as the economy contracted 0.9% year over year, following a 1.6% decline in the first quarter. However, the official body that is tasked to make a call on...
airline

Are further airline mergers at the gate?

Recent multi-billion dollar mergers and upbeat earnings reports in the airline industry have revived optimism in the sector and on airline stocks as investors turn bullish on the sector’s potential after being paralyzed by the COVID-19 pandemic in the past...

Why are tech companies buying healthcare companies?

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