Foreign investments plunged by 44% to $793M in Nov 2022
The country's net foreign direct investments (FDI) plunged by 43.6 percent in November 2022 as investors preferred to put their funds in overseas markets, especially the United States. Data from the Bangko Sentral ng Pilipinas (BSP) show that net FDI in November settled at $793 million, down from $1.4 billion in the same month of 2021. This represents capital that actually moved, instead of avowed commitments or planned investments that may not push through, thus a better gauge of investor appetite.
VICI Offers Long-Term Sustainable Growth (NYSE:VICI)
We fundamentally believe that the Las Vegas Strip is the most dynamic experiential strip in America. The most dynamic experiential strip in America. I also believe that this may be the most economically productive single street in America. - Edward Pitoniak , CEO of VICI Properties ( NYSE: VICI ) Investment Thesis VICI is a NNN REIT that primarily owns casino and experiential properties. I believe that VICI is a stock that can accumulate long-term capital appreciation through the continuation of property acquisition and baked in annual lease escalators.
Nasdaq, S&P, Dow look for direction, set to end lower for the week on Fed concerns
U.S. markets were mixed on Friday, as losses in megacap technology companies were offset by gains in energy stocks. For the week, Wall Street's three major indices were on track to end lower amid worries that the Federal Reserve would need to keep monetary policy tighter for longer. The tech-heavy Nasdaq Composite ( COMP.IND ) was down 0.84% to 11,689.98 points in morning trade, with FAANG stocks retreating across the board. The benchmark S&P 500 ( SP500 ) was lower by 0.
HireQuest: A Long Runway Of Growth Ahead (NASDAQ:HQI)
I initially wrote about HireQuest ( NASDAQ: HQI ) in an article SeekingAlpha published on April 14th of last year. I encourage you to read that article before this one as it details what HQI does generally, whereas this article will focus more on recent developments. The stock was trading around $19 at that time, and my recommendation was to wait until it went below $18 before establishing a position. That opportunity quickly presented itself as the stock dropped precipitously and stayed down between $12 and $15 per share through October of 2022.
Biotin Supplement Market Size Is Projected To Grow At A CAGR Of 9.1% From 2022-2031
According to a new report published by Allied Market Research, titled, ' Biotin Supplement Market," The biotin supplement market size was valued at $583.36 million in 2021, and biotin supplement market forecast is estimated to reach $1.4 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. Vitamin B7 popularly known as biotin is a water-soluble member of the vitamin-B family.
Robinhood is trying to buy back 7% stake seized from Sam Bankman-Fried
Shares of Robinhood ( NASDAQ: HOOD ) rose nearly 5% in after-hours trading on Wednesday despite missing estimates on the top and bottom lines . Traders instead focused an increase in average revenue per user and a second straight quarter of positive adjusted EBITDA as the retail broker's expenses slid from a year ago. With over $6B on its balance sheet, Robinhood ( HOOD ) also revealed that it's in talks with the DOJ to buy a 7.6% stake of the company from disgraced crypto tycoon Sam Bankman-Fried.
U.S. crude stocks down 2.1M barrels last week, gasoline up 5.2M
U.S. crude stockpiles fell by more than 2 million barrels last week while fuel products gasoline and distillates saw large builds again, trade group API said Tuesday ahead of official weekly data on the same. U.S. crude inventories dropped by 2.184M barrels during the week ended Feb. 1, the API, which stands for the American Petroleum Institute, said. There was, however, a build of 178,000 barrels at the Cushing, Oklahoma delivery point for U.S. crude, the API said. The trade group's inventory report also showed a 5.
Ready to Buy the Dip? This Cannabis Stock Is a Smart Buy
Like all growth stocks, cannabis stocks had a brutal 2022. With no hope of U.S. federal legalization in the near future, cannabis stock investors will have to wait a little longer to reap the benefits. However, you cannot deny that some cannabis stocks have the potential to grow into larger and stronger companies in the long run. After all, every growth stock began small. A smart buy is a stock that is trading at a discount and has strong fundamentals, rising revenue, and a clear path to outstanding growth.
The Safest Investment Options for the Year
When it comes to investing, there are a lot of options available that can provide you with good returns in the long run. However, when it comes to safety and security, not all investment options are the same. The months ahead are sure to bring new opportunities as well as risks for investors, so it's important to choose your investments wisely. What Are the Most Reliable and Secure Investment Options for 2023? One of the most popular ways to make some money is investing in stocks and bonds. Stocks offer the potential for higher returns over time, while bonds provide more stability and security.
Triumph's open-loop system hits a milestone, even as payments' EBITDA loss widens
In a quarter in which Triumph Financial recorded a better-than-forecast performance by some measures, the company's open-loop network also hit a milestone of another sort. According to SeekingAlpha, Triumph's (NASDAQ: TFIN) GAAP EPS was 67 cents per share, and that beat consensus by 3 cents. Fourth quarter revenue of $112.84 million beat forecasts by $2.68 million. The company's stock, down about 47% in the last year, responded positively, moving up from about $52 at the close Wednesday, when earnings were released, to as much as just under $55.
Breakout Galore In China Stocks (Technical Analysis)
China stocks are on fire, with many stocks breaking out higher from recent consolidation. Some of these stocks have broken out from large, well-defined, lengthy bases, and this provides a robust platform for them to sustain their uptrends from a technical perspective. Let us look at some of the leading stocks in the sector: EHang Holdings EHang Holdings (EH) is a fast-moving small cap stock that pulled back to its 20 day moving average after a strong run up to $17.84. We may observe that the stock went through 3 consecutive days of tightening, where the intraday price ranges on 23, 24 and 25 January got incrementally narrower, and were within the intraday price range on 20 January.