The Right RIA For You. All content copyrighted © 2019 – onwards by Ambastha Financial LLC.
By Kuldip K. Ambastha During the past trading week, Carvana Co. (CVNA) delivered a +30.6% return on Tuesday, September 22, 2020, due to strongly positive financial results showing ongoing growth. Carvana Co. is an innovative retailer which sells cars out of huge vending machines, and during the latest quarter it showed impressive projected data related …
By Kuldip K. Ambastha (This week’s update is a follow-up to What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019.) On Wednesday, September 9, 2020, the stock of Tiffany & Co. saw a -6.4% return. Tiffany & Co. (TIF) and LVMH Moët Hennessy (LVMH) (LVMUY) were in the news …
Continue reading “What Caught Our Attention in the Investment World? – Week of September 8-11, 2020”
By Kuldip K. Ambastha Tesla, Inc. (TSLA) had strong returns for four of the five trading days of this past week, as seen in the table above. In advance of its upcoming 5-to-1 stock split (announced last week on Tuesday, August 11, 2020) which will occur on Monday, August 31, 2020, Tesla closed at an …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 17 – 21, 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 Chesapeake Energy Corporation (CHK) of Oklahoma City, OK was in the news this week. The company was founded by Tom L. Ward (currently the Chairman and CEO of privately held MACH Resources) and the now-late Aubrey K. McClendon in 1989 with an initial funding of $50,000. Robert D. Lawler (aka: Doug …
By Kuldip K. Ambastha The Dow Jones Industrial Average (DJIA) had a volatile ride this past week, due to several factors. Comments from Jerome Powell (the Chair of the U.S. Federal Reserve), GDP forecasting, unemployment rate (and jobless claims) data, and coronavirus pandemic data all played their own significant parts in the DJIA activity. The …
Continue reading “Dow Jones Index Volatility – Week of June 8 – 12, 2020”
By Kuldip K. Ambastha Carnival Corporation (CCL) is well-known as a cruise operator and as a prominent travel / leisure company. This British-American company has struggled recently due to the coronavirus pandemic seen worldwide. However, during this week, the company had strong days on Monday, April 6, 2020 and Tuesday, April 7, 2020, returning 20.3% …
Continue reading “What Caught Our Attention in the Investment World? – Week of April 6-10, 2020”
By Kuldip K. Ambastha The Dow Jones was up and down this week day by day, similar to what has been seen in the past few weeks. Due to the coronavirus pandemic and its related public health concerns around the world, massive changes have been seen in the USA and these changes have been affecting …
Continue reading “Jobs, Unemployment, and the Dow Jones – Week of March 30 – April 3, 2020”
By Kuldip K. Ambastha and Anil K. Ambastha On Friday, January 3, 2020, Tesla, Inc. (TSLA) delivered a gain of 3.0% closing at an all-time high of $443.01 per share due to positive news. Intra-day, the share price reached as high as $454.00 per share. Tesla beat Wall Street estimates for both car production and …