Intel (INTC) is one of the most well-known names in the semiconductor industry and it has been for years. The company has been at the forefront of the industry for decades and has been a big part of new developments in the information technology scene. Over the last few years the company has lost ground […]
The Shanghai Composite Index has outpaced the S&P 500 since the beginning of 2020. When the COVID-19 virus hit, the Chinese government acted quickly and shut down parts of the country and the index only dropped 12.8% from the beginning of the year to its low in March. Comparatively, the S&P dropped by over 30% […]
$60 Billion! Apple (AAPL) had $59.69 billion in revenues last quarter. That’s up 10.9% while the rest of the economy was down 33%, and the market logic is that one company making money trumps an entire economy losing money. Of course it’s ridiculous but what can you do? The chart above illustrates just how bad our Q2 […]
The financial sector was the first one to garner the spotlight in this earnings season and we saw some big moves in each direction for some of the companies that reported. Some of the big banks issued positive surprises while a few reported negative surprises. For the financial sector as a whole, a great deal […]
Huntsman Corp. (HUN) is a chemical company based in The Woodlands, Texas. The company issued second-quarter earnings results on Tuesday and it beat on both the top and bottom line. Initially the stock gapped higher on the news, but then it made a complete reversal and closed down over 5% on the day. The reversal […]
Will the Fed save us — again? Looking at the chart on the right, clearly we are in need of saving. Those numbers are pretty up-to-date and we’re starting to re-close in certain places and several airlines and auto makers have announce massive job cuts that are not going to make things better. At least […]
Technology companies have seen their stocks jump sharply since the market bottomed in March. A number of members of the sector have reported earnings in the last few weeks and quite a few more will report in the next few weeks. One tech company set to report earnings is Cognizant Technology Solutions (CTSH) and it […]
More free money!!! The Senate Republicans are expected to vote on the CARES Act 2 (it’s a 5-act play) and this will be the beginning of two weeks of negotiations with the House, who already voted on a much more extensive measure to prop up the economy. The $600 weekly unemployment benefit will expire on […]
The COVID pandemic has caused a myriad of problems other than just the health toll on its victims. It has slowed or reduced: economic activity because of closure orders travel with companies completely halting business trips business office rental income as more closures are enforced insurance companies premiums and may be forced to increase claim […]
If you aren’t familiar with ZTO Express (ZTO), it is an express delivery service in mainland China. It’s kind of like the FedEx of China. The company has done well in recent years and the stockholders have benefited from the company’s strong performance. ZTO has seen its earnings grow by 22% per year over the […]
