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The best thing to do, or at least what I’m going to do, is bypass gambling on what the market does, or does not. Much better, at least in my experience, is to back companies that are building out their future. WARNING! There’s a market strategist that appears in the AFR from time to time….
SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoter
Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of the bank’s paid-up share capital and voting rights. Importantly, RBI has clarified that following this acquisition, SMBC will not be classified as a promoter of Yes Bank. The bank…
Netlist (OTCMKTS:NLST) Cut to "Sell" at StockNews.com
StockNews.com cut Netlist from a “hold” rating to a “sell” rating in a research note on Sunday. Source link
Costco Wholesale Can Hit New Highs; A Rebound Is Coming
Key Points Costco had an industry-leading quarter, leading the analysts to raise their price targets. The stock is pulling back, setting up a buy-the-dip opportunity. Cash flow and dividends are safe; another year of solid growth is on deck for fiscal 2025. 5 stocks we like better than Costco Wholesale Costco Wholesale NASDAQ: COST is…
Tesla (TSLA) Stock: Revenue Hits $25.18B, EPS Beats at $0.72
Tesla (TSLA) Stock: Revenue Hits $25.18B, EPS Beats at $0.72 Tesla delivered a mixed Q3 result, trading at $94 following an earnings beat that executives discussed. Adjusted earnings per share (EPS) were $0.72, above analysts’ expected $0.60. Meanwhile, Tesla’s adjusted net income was $2.5 billion, and free cash flow reached $2.9 billion. One of the…
