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By Kuldip K. Ambastha During the past trading week, the stock of Silvergate Capital Corporation (SI), a banking platform focused on the cryptocurrency industry, saw five straight days of negative returns – the largest of which was a sharp -42.2% decline on Thursday, March 9, 2023. Since 2022, Silvergate has been faced with clients withdrawing …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 6-10, 2023”

By Kuldip K. Ambastha On Friday, March 3, 2023, the stock price of Samsara Inc. (IOT), an American Internet of Things (IoT) company focused on the industrial sector, surged by +15.4% per share. From the perspective of revenues, the latest quarter and full-year figures disclosed came in higher than Wall Street expected. Samsara has seen …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 27-March 3, 2023”

By Kuldip K. Ambastha On Friday, February 24, 2023, the stock price of Autodesk, Inc. (ADSK), a software corporation, fell by -12.9% per share. While Autodesk’s latest quarterly results were relatively strong, its future guidance on earnings and free cash flow worried Wall Street. Autodesk is moving from offering multi-year contracts (with cash all paid …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 21-24, 2023”

By Kuldip K. Ambastha On the trading day of Friday, February 3, 2023, the stock price of Nordstrom Inc. (JWN), an American retail company, rose by +24.8% per share. One of the biggest and most prominent non-insider shareholders decided to increase his stake in Nordstrom Inc., potentially in advance of a reformist, shareholder activist campaign. …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 30-February 3, 2023”

By Kuldip K. Ambastha On Thursday, December 8, 2022, the stock of Ciena Corporation (CIEN), a technology (tech) company, had a +20.0% per share jump in its price. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of August 31 – September 4, 2020; By Kuldip K. Ambastha.”) For …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 5-9, 2022”

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 24-28, 2022”

By Kuldip K. Ambastha On Thursday, October 21, 2022, the stock price of The Allstate Corporation (ALL), an insurance provider operating in the USA plus Canada, dropped by -12.9% per share, with a mix of various factors leading to the stock of The Allstate Corporation having troubles on this trading day. On a high level, …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 17-21, 2022”

By Kuldip K. Ambastha The stock of VIZIO Holding Corp. (VZIO), a company involved in designing and manufacturing consumer electronics, had a +18.1% per share rise in price on Thursday, August 11, 2022. For 2Q2022, the company’s sales did not match or exceed Wall Street equity research analyst expectations. However, the company also delivered a …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 8-12, 2022”

By Kuldip K. Ambastha The stock of Tilray Brands, Inc. (TLRY), a Canadian company with an extensive presence worldwide in the cannabis sector, delivered +14.6% on Thursday, July 14, 2022 followed by -10.6% on Friday, July 15, 2022. Politics plays a big role in the success or failure of any cannabis sector company. On Thursday, …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 11-15, 2022”

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 5-8, 2022”