News

Key Points

• Nike had a decent quarter, but margin pressure is still present, and the guidance is weak. 
• Analysts support the bull case, but no upgrades or price target increases have emerged

In his Daily Market Notes report to investors, Louis Navellier wrote:

Tech Sunshine

Tech names continue to lead despite the very high earnings multiples they’ve already climbed to. With

Key Points

• Diablo IV is the fastest-selling game in Blizzard’s history, surpassing $666 million in sales during the first five days of release.
• Microsoft offered to acquire Activision

Key Points

• Carnival shares are selling off at Monday’s market open; the decline follows the company’s release of its second quarter 2023 earnings results. 
• A seemingly significant disconnect

Do you love Nike shoes? Who doesn’t? But have you ever wondered what the most expensive Nike shoes in history are? Some of these kicks come with a hefty price tag, from classic Air Jordans to

Key Points

• As Cavco stock trades within a wide channel, investors may seek more directional data to justify an uptrend or downtrend. 
• Today’s real estate market and further economic

Without a job that allows them to be self-sufficient, most people cannot reach financial independence. Despite this, young people are taking longer than in the past to reach this milestone.

Case

Key Points

• SunCar Technology provides auto insurance and aftermarket services in China.
• SDA began trading on the Nasdaq on May 18th and came crashing back down after an initial 7-day win

Washington, D.C. – The National Center for Public Policy Research (NCPPR) and its Free Enterprise Project (FEP) – shareholders in the chain store Target Corp (NYSE:TGT) – served the big box

Key Points

• Nordstrom shareholders were surprised to see the company report an earnings beat during the first quarter of 2023, especially as the broader industry suffers dire challenges. 

Budget tightening and organized crime theft impose hefty challenges for fundamentals underlying TGT stock

If the market represents the arbiter of all things, it’s speaking loudly about big-box

Key Points

• VF Corp is at an extreme low, and income-investor should pay attention to it. 
• The company is on the verge of a turnaround, and growth should come by the end of the year. 
• The

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary:

Two weeks ago, I called the 20th century an era of Growth, and the 21st century an

Key Points

• Target had a better-than-expected quarter but was not strong enough to raise guidance. 
• The Q2 guidance was lowered, and the outlook for the 2nd half is optimistic. 
• Increased

Jury Burns McDonald’s Again – Hot Coffee Then, Hot Chicken Now; Movie by GWU Law Grad Explains Why Fast Food Giant Should Pay

Florida Jury Finds McDonald’s Legally Liable For Burning A Child

Key Points

• Shares of Under Armour are trading lower in Tuesday’s session following first quarter 2023 earnings results. 
• 2023 guidance pointing to disappointing EPS and revenue growth may

It seems that we are not out of the woods just yet. With the Fed raising interest rates by 25 basis points and a hint of a pause, it seemed that investors could rest easy for a bit. Still, fear is

Key Points

• Second quarter 2023 results point to double-digit comparable sales growth, a critical vital indicator for the retail industry. 
• Starbucks stock has outperformed the broader

Robert Lynch is the Co-founder, Chief Risk Officer and Managing Partner at Aristeia Capital. Prior to co-founding Aristeia Capital in 1997, Lynch served as a Managing Director at Centurion