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Ports of New York and New Jersey struggle with a backlog of freight containers

The Ports of New York and New Jersey announced new tariffs Tuesday related to empty containers and export volumes in their battle to reduce container congestion. Both loaded and empty containers that are tallied will be subject to the quarterly Container Unbalance Fee. The tariff will be effective from September 1, pending the mandatory 30-day …

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HKD, AMTD, WTF? The stock you never heard of is up 30,000% in 2 weeks

Contents AMTD Digital (HKD): What are they doing? The rise of AMTD digital stocks AMTD Digital (HKD) AMTD Digital (HKD) Ambiguous Range Summing Up We’ll establish the first most important thing right away, before we get into this situation: this is about high risk like stocks. This stock was just subscribed, is based in a …

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What Intel’s Disastrous Earnings Tell Us About The Chip Industry And Competitors

What a tragedy. We’re talking about Intel (INTC) results for the June quarter. Not only did the company deliver a disappointing quarter, but it reset its 2022 guidance even lower, putting its shares under pressure on Friday. For the current quarter, the chip company now sees earnings of $0.35 per share versus $0.84. It is …

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My plan for Alphabet and Google Stock is as easy as ABC

When is it good… good enough? Answer: When the performance (relatively speaking) comes after investors have already prepared for the worst. It’s always a good idea to let Snap (SNAP) lead things for the group. Alphabet (GOOGL) (GOOG) Tuesday evening released its second-quarter financial results. For the period ended June 30, Alphabet reported GAAP earnings …

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Cathy Wood Watch: Ark reverses course, buys Shopify

Popular investor Cathy Wood, CEO of Ark Investment Management, on Tuesday reversed its stance on two major technology companies. For months she was buying Coinbase Global (Currency) – Get the Coinbase Global Inc. reportThe country’s largest cryptocurrency exchange and e-commerce selling platform Shopify (a store) – Get Shopify Inc. Class A Subordinate Report. But Ark …

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As General Electric erupts after making a profit, here’s a play that impresses me

Better than bad? How about “less bad”? General Electric (GE) released its second-quarter financial numbers Tuesday morning, and no matter how it splits, the company beat Wall Street expectations. For the three months ended June 30, GE reported adjusted earnings of $0.78 per share on revenue of $18.646 billion. The adjusted EPS number easily beat …

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Boeing (BA) profit for the second quarter of 2022 falls short of estimates

An aerial view of Boeing 777X and Boeing 737 Max 10 aircraft parked at King County International Airport – Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesday stuck to its forecast of a return to free cash flow this year as it prepares to resume delivery of its …

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I’m not buying Microsoft before earnings, but I’m considering running options

Sarge reports long-term and heavyweight Microsoft Market Capitalization (MSFT) on Tuesday evening. The stock, like most of its mega-cap siblings, hasn’t had a good nine months or so. However, it’s hanging out there, trading at 27 times forward earnings, which seems exorbitant in late July 2022 because, after all, that’s Microsoft and Satya Nadella running …

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Alphabet Earnings Preview: Will the tech giant publish a report like Snap?

the alphabet (The Google) – Get the Alphabet company report (The Google) – Get the Alphabet company report Not all of it traded well. In February, the company reported strong earnings, announced a major buyback plan and announced a 20-in-1 stock split. Nearly a month later, tech and online retail giant Amazon (AMZN) – Get …

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