Carvana Is Down 95% From Its High. Time to Buy?
The upstart used car dealer's shares have crumbled. What should investors read into the price move and the company's performance?
The upstart used car dealer's shares have crumbled. What should investors read into the price move and the company's performance?
Consumers are becoming increasingly cost-conscious amid inflation persisting through early 2024. Stephens Research Analyst Jim Salera joins Market Domination to discuss which restaurant stocks are best positioned to navigate the challenging environment. Salera finds that at the higher end of the consumer spectrum, spending patterns are "pushing forward" amid inflationary pressures, with little change in consumer behavior. However, for consumers at the lower end of the spectrum, he observes that they are being "much more deliberate" about their spending. For investors evaluating restaurant stocks, Salera emphasizes the importance of identifying "which restaurants are differentiated from the crowd." He highlights names like Chipotle (CMG) and Wingstop (WING), which have demonstrated "very strong traffic trends," as examples of differentiated offerings. With the risk of consumers potentially "trading out" for better value options, Salera stresses that "it's very important [for restaurants] to have a unique value proposition that the consumer can really identify with to retain that traffic." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
VANCOUVER, British Columbia, April 19, 2024 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it has completed the first tranche of a non-brokered private placement (the “Financing”) and has issued 1,100,000 Preferred Units – Series B Convertible (each, a “Preferred Unit”), at a price of US$0.50 per Preferred Unit for aggregate gross proceeds of US$550,000. An aggregate of up to 6,000,000 Preferred Units may be issued under the Financing for aggregate
Tory MPs believe the prime minister is "trapped" with no way out.
SAN DIEGO and TORONTO, April 19, 2024 (GLOBE NEWSWIRE) -- StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced further to its press release dated April 15, 2024, that the Ontario Securities Commission (the "OSC") has denied the Company's application for a voluntary management cease trade order (the "MCTO") as the Company does not meet the criteria for an MCTO. The Company filed the appli
The Global CNG & LPG Vehicle Market Size was Valued at USD 5.40 Billion in 2023 and the Worldwide CNG & LPG Vehicle Market Size is Expected to Reach USD 8.44 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Suzuki Motor Corporation Honda Motor Company Hyundai Motor Group Volkswagen AG Ford Motor Company MAN SE IVECO SpA TATA Motors General Motors Co. Ford Motor Co. OthersNew York, United States , April 19, 2024 (GLOBE NEWSWIRE) -- T
TORONTO, April 19, 2024 (GLOBE NEWSWIRE) -- Doré Copper Mining Corp. (the "Corporation" or "Doré Copper") (TSXV: DCMC; OTCQX: DRCMF; FRA: DCM) has granted 4,215,000 stock options to management, consultants and advisors. The stock options have an exercise price of $0.10 per share and a term of five years. The Company has also granted an aggregate total of 400,000 deferred share units (“DSU’s”) to the independent directors of the Company. The DSUs are payable in common shares of the Company upon t
PASADENA, Calif., April 19, 2024--East West Bancorp, Inc. ("East West" or the "Company") (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will meet with investors and discuss East West’s business, performance, and strategy at the Wells Fargo 2024 Financial Services Investor Conference on Tuesday, May 14, 2024.
WEST PALM BEACH, Fla., April 19, 2024--RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2024, as detailed below.
You use the feedback from your trades and market indexes like the Nasdaq to determine if you go heavier or lighter. As stocks got extended in this rally, we were naturally decreasing exposure on SwingTrader. The 21-day line has been providing a level of support for QQQ as well as the Nasdaq composite since the rally started in Nov. 1.
Cannabis legalization has been an issue on many ballots in the past decade, with several states opening up to recreational use legalization. US Vice President Kamala Harris called on the federal government to move "as quickly as possible" in terms of reclassifying cannabis from its current Schedule I classification. If any efforts are successful in doing so, what would the cannabis market look like and who would stand to benefit the most? Poseidon Co-Founder & Managing Partner Emily Paxhia joins Market Domination to give insight into potential new legislation around cannabis and what investors and consumers alike can expect moving forward. Paxhia outlines the current efforts to change cannabis legislation in the US: "Importantly with cannabis legalization, we have several efforts running down the field. There is the rescheduling efforts, and we are hoping to see something come out of that soon. There's also the continued and loud discussions around banking reform in the legislative branch but we've also introduced a path through the judicial branch working with Boies Schiller Flexner [LLP] to challenge the 2004-2005 case on Raich Vs Gonzales which about the Commerce Clause."She continues by affirming: "Interestingly things that are catalytic that change the volume of capital flowing into the industry are very top down. We hear from investors that are paying attention to these federal reform signals, but what we are also really interested in is the state-to-state catalysts that really actually open up the markets and improve the business fundamentals." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities. Nike had in December announced a cost savings plan for $2 billion over the next three years, and in February said it would cut about 2% of its total workforce, or more than 1,600 roles. It had about 83,700 employees as of May 31, 2023.
NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- YY Group Holding Limited (Nasdaq: YYGH) (“YYGH”, or the “Company”), a trusted and experienced manpower supplier in the traditional recruitment industry, today announced the pricing of its initial public offering of 1,125,000 Class A Ordinary Shares at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $4.5 million before deducting underwriting discounts, commissions, and other offering expenses. The shares are ex
Netflix stock plunged after the streaming video leader said it would stop giving quarterly subscriber numbers next year.
With the 2024 presidential election months away, on November 5, 2024, candidates have been dropping out of the race until just a handful of hopefuls remain. The U.S. president earns $400,000 a year,...
The NYPD identified the man as Maxwell Azzarello, 37, who is now in critical condition in Cornell burns unit. He has a long history of posting conspiracy theories and railing against the rich and powerful
Lithium is a core component that goes into the construction of EV battery systems, but as electric vehicle demand falters in the US, do lithium mining operators forecast any production slowdowns on their end? Sigma Lithium (SGML) CEO Ana Cabral sits down with Market Domination in-studio to talk about the lithium producer's international business. Cabral notes China's "unstoppable" demand for lithium as the nation's automakers, among other industries, lean into electrification strategies faster than other international manufacturers. China's lithium demand "has been growing double-digits, China just grew 5.3% just recently... electrification in China is a survival of big cities, let's say secular teases. It's a very different drive than here," Cabral says. "50% of all new cars are all expected to be electric in China in about a year... there are green plates everywhere. It's a combination of regulatory with the need to keep cities livable." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
MEXICO CITY, April 19, 2024--Corporación Inmobiliaria Vesta, S.A.B. de C.V. ("Vesta" the "Company") (NYSE: VTMX), hereby announces that on April 19, 2024, Vesta filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Annual Report") with the Securities and Exchange Commission (the "SEC"). The 2023 Annual Report can be accessed by visiting either the SEC’s website at www.sec.gov or the SEC Filings section of the Company’s investor relations website at https://i
The Dow Jones rose Friday on Friday. Netflix plunged after earnings. Nvidia and SMCI triggered sell signals while bitcoin's halving looms.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Updates Site with Latest Post on Guide to Types of Disc Golf Discs, Unique Characters and Specific Functions Prodigy Disc Launches Its Own Naming System for Discs Based on Flight Path, Glide and Other Parameters Updates Site with Latest Post on Guide to Types of Disc Golf Discs, Unique Characters and Specific Functions New York, NY, April 19, 2024 (GLOBE NEWSWIRE) -- Prodigy Disc is pleased to share that they have updated their naming system for golf discs based on flight paths, glide, and other