Author: pluginever
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Annovis Bio (ANVS) – Multi-bagger potential
This post will be about Annovis Bio (ANVS) – Current stock price – $12.52 Current market cap – $140 million Why Annovis Bio? For the past 30 years, big pharma has struggled to come up with effective treatments for extremely complex neurodegenerative diseases such as Alzheimer's and Parkinson's Disease. There have been countless failed clinical…
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Bank of America tops estimates on better-than-expected investment banking
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. Here’s what the company reported: Earnings: 83 cents a share vs. 80 cents a share LSEG estimate Revenue: $25.54 billion vs. $25.22 billion estimate The bank said profit slipped 6.9% from the year earlier period…
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Earnings are expected to broaden during the second half of 2024 which could signal a true bull market.
Earnings are expected to Broaden in late 2024 with Earnings growth of S&P500 Excluding Magnificent 7 going from -1% in Q1 2024 to the expected 6% in Q2 2024, 7% in Q3 2024, and 19% in Q4 2024. The higher chances of an interest rate cut could drastically improve the outlook of the Real Estate,…
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Charles Schwab Plummets After Vowing to Shrink Itself Over Time
“Charles Schwab Corp. shares suffered their biggest intraday drop since the depths of last year’s regional-bank crisis after the investing giant warned it will have to shrink itself in order to protect profits. Going forward, Schwab is planning to rely more on off-balance sheet arrangements to house customers’ deposits, Chief Executive Officer Walt Bettinger said…
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Recent Intel Gaming Chips have >50% Failure Rate
It has been known for months that Intel's consumer desktop chips of the 13th and 14th generation are widely affected by stability problems. It was thought that these issues were caused by motherboard vendors pushing the chips above the voltage intended by Intel and this was what was causing the chips to fail. Source Last…
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r/Stocks Daily Discussion & Technicals Tuesday – Jul 16, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider…
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NVDA.NE just went from 120 CAD to 30 CAD. Anyone know the reasoning?
Im suspecting it's because of the recent stock split of NVDA on NASDAQ. Nvda.ne is CAD hedged and trades on the cboe CA exchange. If anyone knows why this happened please comment below. NVDA.NE : https://finance.yahoo.com/quote/NVDA.NE?p=NVDA.NE NVDA: https://finance.yahoo.com/quote/NVDA?p=NVDA
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My gut is telling me something is wrong
Been trading since 2019. Which means I'm not experienced enough to have my opinion carry any weight. But I did amass a decent nest egg and maybe it's easier to gamble with $500 than 300k. I thought when I hit my number, my goal, I could relax. But I'm more paranoid now, more conservative. I…
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GME is going to go down
Guys, hear me out. It makes no sense why GME is up. GME is gonna tank, and here's why. First off, their financials are looking sketchy as hell – revenue's down, losses up, it's a mess. Plus, the hype from the whole meme stock craze is dying out. People aren't as hyped as they were…
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How will it affect the stock market if President Biden steps down before November?
Nobody knows. But this seems a real possibility and would be a first, to my knowledge. I imagine the market will react with extra volatility, and (at first) quite negatively. I also imagine it would guarantee another Trump-presidency with all that entails. How do you see this scenario play out and would you consider liquidating…