ASML Shares Decline Amidst Weak Guidance and Decreased Orders
ASML () shares fell for a second day in a row after its third-quarter earnings revealed lower-than-expected new orders and a weaker revenue forecast for 2025. Shares in the Netherlands-listed company, which supplies semiconductor equipment to Samsung, Intel and TSMC, lost over 15% on Tuesday after the figures were released and fell more than 4% on Wednesday. […]
Antofagasta Sees 15% Increase in Copper Production for Q3
A 54% jump in gold production, at times when the precious metal has traded at historic record highs, also helped the company’s quarterly results. Antofagasta kept its guidance for the year unchanged at 670,000-710,000 tonnes, warning it is likely to be towards the lower end, at a cash cost of $2.40 per pound of copper. […]
Reimagining Retirement Savings: Transitioning from…
When they get to retirement, many seniors still think in terms of risk and return when they should be thinking in terms of income. That could lead them to favor other assets and strategies. “Workers have long been encouraged to take an accumulation mindset as they focus on growing their account balances in preparation for […]
The Top 3 Lithium Stocks to Invest in for July 2024
Consider investing in lithium stocks to support the future of cleaner transportation The best lithium stocks to buy this year should benefit from China’s ambitious goals in electric vehicle (EV) adoption. That’s because its goals require vast amounts of lithium for battery manufacturing. Despite short-term economic fluctuations, China’s demand for lithium could continue to surge […]
Heading into Earnings: Should You Buy Netflix Stock?
Netflix NFLX is set to release its third-quarter earnings report on Oct. 17. Here’s Morningstar’s take on what to look for in Netflix’s earnings and stock. • Fair Value Estimate: $500.00• Morningstar Rating: 2 stars• Morningstar Economic Moat Rating: Narrow• Morningstar Uncertainty Rating: High Earnings Release Date Thursday, Oct. 17, 2024, before the start of trading. What to Watch for […]
Gold Prices Expected to Fall with Changes in Bond Yields
On numerous occasions, I emphasized that gold is most likely to move in the opposite to real yields, not nominal ones, but the discussion keeps returning. Let’s dig deeper. Of course, there will be cases when gold moves in the opposite way to nominal yields (e.g. the 2-year yields), but the key thing is that […]
Top Stock Funds of Q3 | Morningstar
It was a strong quarter for major stock markets, with Canadian stocks showing solid gains thanks to good news on inflation prospects and continuing interest rate cuts from the Bank of Canada. To see which stock mutual funds and exchange-traded funds fared the best in the third quarter, we performed two screens in Morningstar […]
7 Stocks Headed Straight for Penny Stock Status
Many penny stocks have potential to break through the “penny stock ceiling” of $5 per share. Conversely, a great deal of stocks are trading above “penny stock territory,” which could be best described as doomed penny stocks. While seemingly cheap today, these hopeless equities stand a strong chance of becoming even cheaper, due to worsening […]
Value of Top 50 Mining Firms Soars to Second Highest Level Ever Recorded
The total stock market valuation of the world’s biggest mining companies is up a fairly modest 8% year to end-September and despite the good run is still $240 billion below the peak hit in the second quarter of 2022. Ranks, value of gold stocks swell The value of precious metals and royalty companies climbed by […]
Three Lithium Stocks to Buy in July 2024 That Are Currently Undervalued
Lithium carbonate is the essential rare earth mineral that technology companies and automakers alike leverage to develop batteries. The major tailwind that pushed lithium prices to all-time highs in 2022 was a surge in demand for electric vehicles (EVs) as well as intense competition in that space. Unfortunately, overproduction coupled with an EV market amidst […]