This week, Fintel has begun providing coverage on Super Micro Computer (US:SMCI) following Tuesday’s third-quarter fiscal 2023 update. SMCI’s share price has risen 136% over the last year and 530% on a five-year view. In this report, using data from the Fintel quantitative platform, we will reveal why the company continues to look attractive at current levels. While the stock […]

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Before U.S. markets open Thursday morning, 146 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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The Securities and Exchange Commission (SEC) proposed a rule that would force most public companies in the US to provide significantly more information about their stock buyback transactions, the Wall Street Journal reported on Wednesday. Share repurchases hit a new record high of $923 billion in 2022. Current Stock Buyback Disclosure Requirements The SEC is set to host a vote […]

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In mid-morning trading on Tuesday, the Dow Jones industrials were down 1.34%, the S&P 500 down 1.37% and the Nasdaq 1.16% lower. After U.S. markets closed on Monday, MGM Resorts beat estimates on both the top and bottom lines, due largely to a recovery of its Macau business. Gross gambling revenue (GGR) came in at 76% of the 2019 first […]

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Before U.S. markets open Tuesday morning, 65 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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The growth of the Vietnamese economy has decelerated sharply lately, largely due to decreased demand for consumer electronics products. However, recently there have been multiple signs that the drop in demand for these products has bottomed, and Vietnam is benefiting from the exodus of many manufacturers from China, while the size of its middle class is increasing. Consequently, over the […]

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Mastercard said it plans to expand its crypto card program by partnering with new crypto firms, regardless of regulators’ recent crackdown on the sector. The company already joined forces with major crypto exchanges, including Binance, Gemini, and Nexo. Mastercard Feeling Enthusiastic About Crypto Mastercard is looking to team up with more crypto firms to expand its crypto payment card program, […]

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Crude oil prices rose sharply on Friday as traders weighed crude supply and near-term energy demand prospects. Data from the Energy Information Administration showed crude production in the U.S. fell in February to 12.5 million barrels per day, the lowest level since December 2022. The EIA report also said fuel demand surged to nearly 20 million barrels per day, the […]

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In early regular-session trading Wednesday, the Dow Jones industrials were up 0.42%, the S&P 500 up 0.74% and the Nasdaq 1.06% higher. After U.S. markets closed on Wednesday, Meta Platforms beat top-line and bottom-line estimates as revenue bounced to year-over-year growth after three consecutive quarters of year-over-year declines. Advertising revenue growth, alongside thousands of previously announced job cuts, offers investors […]

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In morning trading on Wednesday, the Dow Jones industrials were down 0.25%, while the S&P 500 was up 0.15% and the Nasdaq 1.04% higher. After U.S. markets closed on Tuesday, Microsoft reported earnings per share (EPS) and revenue that topped Wall Street estimates. The better news is that the company expects growth going forward. Shares traded up 7.5% Wednesday morning. […]

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