What are the Ethical Dilemmas of Investing in Technology Stocks?

Investments can bring up a myriad of quandaries, from financial risk and opportunities through to moral decisions. The trolley problem can be used as a framework to consider ethical dilemmas in a variety of decision-making scenarios, including the trading of technology stocks. The trolley problem is a classic ethical dilemma in philosophy that has been used to explore a range of moral and ethical questions. Beyond the original trolley scenario, the problem has been adapted and modified to explore a … Continue reading “What are the Ethical Dilemmas of Investing in Technology Stocks?”

AMD Warns on PC Slump but Gains on Intel in Lucrative Data Center Market

Advanced Micro Devices reported Tuesday quarterly revenue ahead of consensus, AMD however guided lower for the quarter ahead by over $150 million. Analysts and investors were excited that AMD is gaining further ground on Intel. The stock traded higher on AMD making up for a personal-computer slump with gains in the lucrative data center market. The company’s data center business revenue grew 42% in the quarter, compared with the 33% decline recorded at INTC’s data center and artificial intelligence unit … Continue reading “AMD Warns on PC Slump but Gains on Intel in Lucrative Data Center Market”

US Weekly IPO and SPAC Monitor: Structure Therapeutics, Lead Real Estate and NeurAxis

Four IPOs are scheduled to price in the week ahead. Chronic disease biotech Structure Therapeutics (GPCR) leads the week’s deals. The company is headquartered in California with R&D operations in China. Also on the calendar is holdover Lead Real Estate (LRE) may price in the week ahead. Nano-cap NeurAxis (NRXS) may also price. Four deals priced this week TXO Energy Partners LP (TXO), the year’s first energy IPO. QuantaSing Group (QSG), Genelux (GNLX) and Brera Holdings (BREA) also priced. A … Continue reading “US Weekly IPO and SPAC Monitor: Structure Therapeutics, Lead Real Estate and NeurAxis”

Tesla Reports Optimistic Outlook with Record Revenue and Orders

Tesla reported Q4 earnings after the market close Wednesday of $1.19 earnings per share beating the consensus of $1.13 per share. Revenue rose to $24.32 billion ahead of the consensus $24.16 billion. $TSLA shares rose more than 9% after CEO Elon Musk said the company might be able to produce 2 million cars this year. The Tesla company acknowledged that average sales prices have “generally been on a downward trajectory for many years,” and said “affordability” would be necessary for … Continue reading “Tesla Reports Optimistic Outlook with Record Revenue and Orders”

Vicious Microsoft 20 percent Stock Gyrations After Lowers Cloud Guidance Reversing Gains to Losses

Software giant Microsoft stock took a whirlwind ride after it reported weaker than expected December 2022 (Q2 23) quarterly earnings Tuesday, with the market initially ignoring it on better cloud revenue (+38% constant currency vs +37% CC) However, that all fell apart after the earnings call. $MSFT lowered guidance, $50.5 billion to $51.5 billion in fiscal Q3 revenue vs analysts’ expectations for $52.43 billion. The stock gave back the entire initial earnings jump to go green to red, down over … Continue reading “Vicious Microsoft 20 percent Stock Gyrations After Lowers Cloud Guidance Reversing Gains to Losses”

US Weekly IPO and SPAC Monitor: TXO Energy, QuantaSing, Genelux and Brera FC

Four IPOs are scheduled to price in the week ahead. TXO Energy Partners LP (TXO) leads the week’s deals, the year’s first energy IPO. Chinese edtech QuantaSing Group (QSG) is due to price after being delayed. Solid tumor biotech Genelux (GNLX) and Italian amateur football club operator Brera Holdings (BREA) are expected. Holdovers Lucy Scientific Discovery (LSDI) and BullFrog AI Holdings (BFRG) may also price in the week ahead. Early-stage Canadian psychotropics company Lucy plans to raise $8 million at … Continue reading “US Weekly IPO and SPAC Monitor: TXO Energy, QuantaSing, Genelux and Brera FC”

Netflix Shares Jump on Big Paid Subscribers Beat, Despite Earnings Miss on Forex Losses

Streaming giant Netflix reported worse than expected fourth quarter earnings after the market close Thursday on foreign exchange losses or remeasurement. NFLX reported revenues in-line, paid net subscriber additions of 7.66 mln topped prior guidance. The company guided Q1 EPS below consensus, but revenues above consensus, saying it expects positive paid net adds yr/yr. Netflix appointed new co-CEOs, which at first glance seems confusing for investors. NFLX stock traded up to $338.27 gaining $22.49 (+ 7.12%) after Hours.  Over the past … Continue reading “Netflix Shares Jump on Big Paid Subscribers Beat, Despite Earnings Miss on Forex Losses”

Shell Buys Electric Vehicle Charging Company Volta

Oil major Shell continues to build it’s renewable energy portfolio with the purchase of electric vehicle charging company Volta fort ~$169M. VLTA was trading higher at $0.8899 +0.1628 (+22.3903%)pre-market on the news. Volta (VLTA) went public in August 2021 as part of its merger with special purpose acquisition company TortoiseCorp II and briefly traded over $15 in 2021 with the SPAC mania. Under the deal terms, Shell USA Inc. (SHEL) will acquire all outstanding common shares of Volta (VLTA) at … Continue reading “Shell Buys Electric Vehicle Charging Company Volta”

Morgan Stanley Wealth Management Counterbalance to Investment Banking Fall

Morgan Stanley reported better than expected fourth quarter earnings before the bell Tuesday despite much lower-than-expected revenue from investment banking. MS received record revenues in wealth management business, which includes online trading platform ETrade, were up 6% to more than $6.6bn. MS’s investment-banking group revenues, which now houses Eaton Vance, dropped 17% to $1.5bn but topped analyst estimates of $1.3bn. Morgan Stanley shares, rose 2.92% to $77.00 premarket. The bank set aside $87 million for credit losses, compared with just … Continue reading “Morgan Stanley Wealth Management Counterbalance to Investment Banking Fall”

Goldman Sachs Hemorrhaging Profits for Fifth Straight Quarter

Goldman Sachs, America’s largest investment bank reported worse than expected fourth quarter earnings Tuesday, profits are down two-thirds from its previous quarter. $GS shares were trading down to $348.67 ▼ -25.33 (-6.77%) in the morning. This has been a horror stretch for the ‘Giant Squid’ with GS cutting jobs and bonuses at a rate not seen since the financial crisis. Goldman’s results highlight a mixed quarter for US money center banks. Profit fell at most major banks and Goldman suffered the … Continue reading “Goldman Sachs Hemorrhaging Profits for Fifth Straight Quarter”