We have here a list of 53 US Blue Chip stocks that are down more than 30% so far this year. Many of these names will likely be familiar to you and we have identified a few that are well known names and provide plausible reasons as to their decline. The simplest reason that applies … Read more
What happened to the US Market? 5 May 2022 was a brutal day in the US market with the steepest drop since June 2020. All major indices plunged with the Dow closing more than 1000 points lower or 3.12% lower and Nasdaq taking a near 5% hit. The broad S&P 500 also took a 3.56% … Read more
We now have Amazon in the spotlight with a dramatic post-market dump. Quick overview, it does seem apparent that this sell-off is warranted as we are looking at how EPS missed expectations by -189.02%. That is indeed a huge miss for a large-cap tech stock and the after-hours selling pressure would most certainly have caught … Read more
For some prelude to this, do check out this article which covers Meta’s results for 4Q2021. Here we are once again with Meta’s earnings in the headlines. From .. We are now seeing … Needless to say, Meta is once again back in the headlines and this time on a much better note. What puzzles … Read more
The details of Keppel’s O&M arm and Sembcorp Marine‘s merger has finally been announced, providing certainty to shareholders who are unnerved by the long waiting time. The merger was communicated previously and been in the works for a while now, this morning, Keppel had finally signed the definitive agreement for the merger. Strategic rationale The … Read more