SoFi Earnings: Growth in NIM and Loan Platform Insights
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. SoFi Technologies SOFI reported strong first-quarter earnings, as the company benefited from strong demand for its loans from both borrowers and investors. Adjusted net revenue increased 32.7% year over year to USD 770.7 million, while adjusted EPS rose to USD […]
Sierra Madre Transitions to Producer as It Resumes Operations at Coloso Mine in Mexico
The fully permitted mine and 500 t/d mill in Mexico’s Silver Belt was operated by Sierra Madre management between 2006 and 2009, before decalring commerical operations once more on January 1. Credit: Sierra Madre Gold and Silver Sierra Madre Gold and Silver (TSXV: SM) started operations at its Coloso mine in central Mexico on Tuesday. […]
Carney’s Victory Viewed as Positive for Renewable Energy
Mark Carney’s triumphant return to the Canadian Parliament after the Liberal Party won the national elections is expected to have a significant impact across key sectors of the economy. Energy stocks are seen as most likely to benefit from his win. In his victory speech, Carney pledged to “build Canada into an energy superpower in […]
Carney’s Election Victory Paves the Way for Fiscal…
Mark Carney’s election as prime minister likely paves the way to government efforts to boost the sagging economy—perhaps even a larger stimulus plan than the Liberal Party promised. However, experts observe that the removal of political uncertainty opens the door to arguably the most vital piece of business: renewed engagement with US President Donald Trump. […]
Zimbabwe Resumes Gold Coin Minting as Bullion Prices Hit Record Highs
Zimbabwe’s central bank is again issuing gold coins it scrapped 10 months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG. Minting of the so-called “Mosi-Oa-Tunya” 22-carat coins, named after the iconic Victoria Falls, was scrapped in July, central bank Governor John Mushayavanhu told […]
3 US ETFs to Consider During a Recession
Bryan Armour: John F. Kennedy once said, “The best time to repair the roof is when the sun is shining.” The sun isn’t currently shining on US stocks, but we’re not in the middle of a horrible storm yet either. On April 8, the Morningstar US Large-Mid Index had sunk nearly 20% off its Feb. […]
Teck-Backed AbraSilver Enhances La Coipita Project in Argentina
Drilling at the La Coipita project. Credit: AbraSilver AbraSilver Resource (TSX: ABRA) said assay results from drilling at its La Coipita copper and gold property in Argentina showed the presence of a significant porphyry system with expansion potential. Result highlights from drillhole DDH-LC25-006 include 114 metres of 0.7% copper, 0.07 gram per tonne gold and 81 […]
Gold Reaches Extreme Overbought Levels – MINING.COM
Stock image. Gold just soared to crazy-overbought levels, among its most-extreme in modern history! Though still nowhere near shooting parabolic, such exceedingly-stretched technicals dramatically up the odds gold is due for a rebalancing selloff. That will likely be correction-grade, though precedent shows a quick bear is possible. Despite this probable cyclical-bull topping, gold’s relatively-small secular […]
Burkina Faso Awards Mining Lease to Russia’s Nordgold
Image from Nordgold. Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalize on record-high gold prices to strengthen an economy hit by insecurity. The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized […]
Alphabet Earnings: Strong Performance Driven by AI Monetization
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. AlphabetGOOGL/GOOG kicked off 2025 with a set of solid results, with the firm’s sales and operating margins growing 12% and 230 basis points year over year, respectively. Google Cloud continues to be the firm’s growth engine, growing 28% year over […]