Search Results for: loan

By Kuldip K. Ambastha The stock price of First Republic Bank (FRC), a financial institution, continues to have a bumpy ride, per the table above. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 13-17, 2023; By Kuldip K. Ambastha.”) Continued turmoil among American regional banks alongside …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 20-24, 2023”

By Kuldip K. Ambastha On Thursday, September 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 26-30, 2022”

By Kuldip K. Ambastha On Wednesday, August 3, 2022, the stock price of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by a sharp +28.4% per share for the trading day. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021; By Kuldip …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 1-5, 2022”

By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 13-17, 2022”

By Kuldip K. Ambastha On Monday, October 11, 2021, the stock of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by +13.4% for the trading day. The company has a strong set of offerings across student loan refinancing, credit cards, investing, banking, and other units. The SoFi online platform is accessible both …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021”

By Kuldip K. Ambastha On Wednesday, June 23, 2021, U.S. Supreme Court rulings (on Collins vs. Yellen, 19-422; Yellen vs. Collins, 19-563; and Mnuchin vs. Yellen, 19-563) led to Federal National Mortgage Association (Fannie Mae, FNMA) having a -32.1% loss and Federal Home Loan Mortgage Corporation (Freddie Mac, FMCC) having a -36.8% loss. Fannie Mae …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 21-25, 2021”

By Kuldip K. Ambastha LendingTree, Inc. (TREE) is a well-known online loan marketplace operating in the USA. On the trading day of Thursday, November 5, 2020, the company’s stock had a -15.4% loss due to 3Q2020-related news. During 3Q2020, a quarterly loss figure of -$0.26 per share was seen. In contrast, one year ago during …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 2-6, 2020”

By Kuldip K. Ambastha Eastman Kodak Company (KODK) was prominent in the news again this week. During the week of July 27 – 31, 2020, Eastman Kodak Company stock did well because of the news that it received a $765 million American federal government loan, to help in making coronavirus-related drug ingredients. During this week, …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 10 – 14, 2020”

By Kuldip K. Ambastha Until recently, Eastman Kodak Company (KODK) had been best known for its famous camera and photography offerings from the past. The company was founded in 1888, in Rochester, New York. With the rise of new technology offerings such as sophisticated smartphone cameras, Eastman Kodak Company was not in the press as …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 27 – 31, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha During this trading week, JP Morgan Chase & Co. (JPM) was a star performer. Specifically, the company delivered on many fronts, in terms of strong underwriting data, an increase in mortgage banking activities, significant bond trading income, substantial wholesale and credit card loans, and positive home lending …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 14-18, 2019”