Carlson Capital's Double Black Diamond fund declined 0.52% in the month of May, but despite this performance, it remains up 4.72% for the year. According to a copy of the firm's monthly investor update, which ValueWalk has been able to review, the fund generated positive returns from all of its sector-neutral portfolios, and macro portfolio […] Read More
Coinbase Global Inc (NASDAQ:COIN) is set to lay off 1,100 employees or 18% of its staff, according to a filing with the U.S. Securities and Exchange Commission. CEO Brian Armstrong pinned the decision on the changing economic conditions that could make a "crypto winter" more likely. Coinbase Layoff Armstrong was quoted as saying in The […] Read More
In his Daily Market Notes report to investors, while commenting on volatility, Louis Navellier wrote: More Volatility Expected The market pauses from 3 days of pain as it waits for the Fed's move tomorrow. The PPI number came in this morning modestly lower than forecast and stocks are moving sideways after an awful day yesterday, the 4th down […] Read More
Zedge Is Falling By The Wayside Zedge (NYSEAMERICAN:ZDGE) was an interesting play on tech back in the days of cheap debt and economic stimulus but those days are over. Looking at this stock from our new perspective, debt is getting more and more expensive, and the business is ultra-exposed to consumer trends. Consumer spending is […] Read More
A commentary from Gemma Boothroyd, Analyst at Freetrade, on Bellway's trading update today. Bellway: Not Losing The Plot Bellway plc (LON:BWY) walked into this morning's earnings with a whole lot of confidence. And in fairness, the homebuilder was able to justify plenty of the pep in its step. Demand hasn't wavered, and neither has Bellway's ability to […] Read More
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