MTS Systems Stock Much Cheaper than Technology Peer Group
If you scan through valuations of technology companies, you'll seldom find stocks that trade near their book values. Of course, some of these stocks may deserve their low valuations, but there are contrarian.
The post MTS Systems Corporation: Great Upside as the Global Economy Picks Up appeared first on Profit Confidential.
MaxLinear Stock Up 445% Since March; More Gains Ahead?
MaxLinear, Inc. (NYSE:MXL) investors are probably scratching their heads, wondering why everyone is talking about a massive sell-off in tech stocks. From February 16 to 22, the S&P 500 lost 3.8% of.
The post MaxLinear, Inc.: 5G Semiconductor Stock Bucks the Sell-Off; Up 10% in 2021 appeared first on Profit Confidential.
Mind Medicine Stock Up 937% Since March 2020 But Just Getting Started
Mind Medicine (MindMed) Inc (NEO:MMED, OTCMKTS:MMEDF) is one of the best psychedelic stocks out there. I last wrote about Mind Medicine back in early 2020, just before the company went public.
At the time, I noted that, because of promising research.
The post Mind Medicine (MindMed) Inc Looks Bullish on Growing Acceptance of Psychedelics appeared first on Profit Confidential.
The U.S. dollar rose against most major currencies on Friday, lifted by an increase in U.S. bond yields overnight, while the pound dropped to its lowest in over a week.
The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies.
The dollar and yen rallied as a risk-off theme coursed through global markets, with equity markets, commodities, including base metals and oil, all tumbling. The sharp spike in U.S. and most other sovereign yields this week and the associated concerns about inflation have driven the correction in risk assets and currencies.
The DXY printed fresh seven-week lows of 89.68 in N.Y. morning trade on Thursday, despite better U.S. data, which included lower than expected jobless claims, an in-line Q4 GDP revision, and a surge in durable orders. The data had little impact on the Dollar, as focus remained on inflation, with higher Treasury yields being read as more a function of inflation fears, than growth expectations. Higher inflation without accompanying monetary tightening, as the Fed remains in lower for longer mode, likely weighed down the USD.
After breaking above US$ 60/bbl, both crude oil benchmarks strengthened further despite surprising stockbuild in the US. The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slumped -13.81 mmb to 1284.77 mmb in the week ended February 19. Crude oil inventory added +1.29 mmb […]
The post Crude Oil Rally Continues Despite Surprising Increase in US Inventory appeared first on Action Forex.
The Malaysia stock market on Thursday halted the three-day slide in which it had retreated more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,580-point plateau although it's expected to head south again on Friday.
The Canadian stock market ended sharply lower on Thursday, led by losses in healthcare, energy, materials and technology shares. Several stocks from the financial sector too ended weak.
The South Korea stock market on Thursday ended the three-day losing streak in which it had tumbled almost 115 points or 3.8 percent. The KOSPI now rests just beneath the 3,100-point plateau although it's expected to turn lower again on Friday.
Gunmen kidnapped more than 100 girls from a boarding school in northwest Nigeria, a government official said, the latest in a rising tide of high school abductions across Africa’s most populous nation, where kidnapping for ransom has become a lucrative industry.
The all-day meeting, which will provide the U.S. Food and Drug Administration with the perspective of outside experts, is the last step before the agency decides whether to authorize the single-dose vaccine.
WHO Investigators are seeking information about a second food market in the Chinese city after the first officially confirmed Covid-19 case, dubbed patient zero, told them his parents had shopped there.
The U.K. is weighing whether Britons will need proof of vaccination or a negative Covid-19 test to visit bars and return to the office, and Israel is issuing vaccination ‘passports’ for going to hotels and gyms.
Australian lawmakers finally passed a hotly-debated law that forces tech giants to pay publishers for their content, potentially setting the stage for similar legal action in other countries. Read Full Article at RT.com
Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates from IHS Markit. Read Full Article at RT.com
Coronavirus-related economic and social restrictions led to a “historic” drop of 8.2 percent in French GDP in 2020, data by the National Institute of Statistics and Economic Studies (INSEE) shows. Read Full Article at RT.com
Hasbro is dropping the Mr. from the logo and overall brand to “promote gender equality and inclusion,” but clarified that Mr. and Mrs. Potato Head will still be available.
From a newly certified Whale Heritage Site to scenic byways for electric cars, five new initiatives suggest the travel industry may be envisioning a more responsible future.
After engine debris from a Boeing 777-200 rained down on a Denver suburb, some fliers may want to know more about plane safety and maintenance. Here are some answers.
A key FDA panel is to vote on whether to recommend J&J's Covid vaccine for emergency use, which would help pave the way for a third vaccine in the U.S.
First it was Barbados and Estonia, now it’s the Bahamas, Croatia, Dubai and Madeira. See the newest places where digital nomads can live and work abroad.
The fees are part of an increased legal expenses of $27.5 million primarily related to regulatory/legal matters in connection to fraud claims by a short-seller.
Telegram is updating its messaging app with options for auto-deleting messages, expiring invite links, and new unlimited groups, the company shared in a blog post. Much like Signal, Telegram received a burst of new users in the confusion over WhatsApp’s privacy policy and now the company is adopting features that were already part of its competitors’ apps, features which offer more security and privacy.
Auto-deleting messages were already possible in Telegram’s encrypted Secret Chats, but this new update for iOS and Android adds the option to make messages disappear in any kind of chat. Auto-delete can be enabled inside of chats, and set to delete either 24 hours or seven days after messages are sent. Auto-delete won’t remove every...
AT&T today announced plans to spin out its various video businesses — DirecTV, AT&T TV, and U-Verse — into a new company that it will jointly control with TPG Capital. The deal sees AT&T holding on to a 70 percent stake in the company, with TPG getting the other 30. “The transaction to separate AT&T’s US video business into New DirecTV implies an enterprise value for the new company of $16.25 billion.”
AT&T paid a total of $67 billion to buy DirecTV: it landed the satellite provider for $48.5 billion in 2014, and the rest was debt that AT&T took on. With this “premium new video entity” valued at less than a quarter of that, you can see how just how badly the original mega-acquisition has fared. “We certainly didn’t expect this outcome...
Australian lawmakers finally passed a hotly-debated law that forces tech giants to pay publishers for their content, potentially setting the stage for similar legal action in other countries. 
Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates from IHS Markit. 
Coronavirus-related economic and social restrictions led to a “historic” drop of 8.2 percent in French GDP in 2020, data by the National Institute of Statistics and Economic Studies (INSEE) shows. 
