Author archives: Dipanjan Banchur

SNAP has gained 8.4% over the past month based on an analyst’s rating upgrade and the expected removal of TikTok from Google’s Play Store and Apple’s App Store. However, given…

Crypto assets have seen a massive fall from their late 2021 highs. Coinbase Global (COIN) has fallen 78.5% year-to-date due to the highly uncertain macroeconomic environment. Despite its poor financials,…

Spirit Airlines (SAVE) deferred its shareholder vote for the third time since its proposed merger with Frontier Group (ULCC) was announced in early February. The company has also received an…

Big banks JPMorgan Chase (JPM), Morgan Stanley (MS), Wells Fargo & Company (WFC), and Citigroup Inc. (C) are scheduled to report their second-quarter results this week. Analysts expect their earnings…

Shopify (SHOP) dropped 16.7% in June as it struggled with falling consumer spending amid the surging inflation. With rising recession fears and an expected decline in consumer spending, is the…

Gold prices are inversely related to the U.S. dollar. Therefore, a strengthening dollar has recently led to a decline in gold prices. While declining gold prices affect gold mining stocks,…

Analysts have raised earnings guidance for Alibaba Group (BABA) with the easing of China’s tech crackdown. The company’s EPS is expected to increase over the next twelve months. However, the…

Cruise stock Carnival Corporation (CCL) made a strong recovery from the near-shutdown stage of its business during the height of the COVID-19 pandemic. However, despite the strong pick-up in bookings…

Shares of SoFi Technologies (SOFI) are down more than 65% in price year-to-date. The stock has been under pressure due to the Education Department’s repeated revisions of the end date…

Amid macroeconomic uncertainty, it could be wise to dump fundamentally weak stocks to minimize your loss. Despite plunging 49% year-to-date, Palantir’s (PLTR) valuation looks stretched. Also, the company has guided…