Category: Market Activity

Market Activity

5 Best Game Stocks To Buy

As a fast-growing industry, video games still have a lot of room for growth. Adapting to the demands of players will help companies deliver great returns for shareholders. You can maximize your returns in the coming years by buying five of the best game stocks before 2022. In the wake of the COVID-19 pandemic, the top gaming companies have reaped the benefits of a strong surge in demand. Video gaming is an industry that consistently grows and is resilient. A growing number of people are getting involved in video gaming. The game industry faces several challenges to meet its demands.

Market Activity

Positive Sentiments for Turnaround Ahead: O’Reilly Automotive Inc. (ORLY)

O’Reilly Automotive Inc. (NASDAQ: ORLY), the owner of a network of automotive accessories and spare parts stores, continues to benefit from Americans’ significant reliance on autos. Already, the typical automobile in the United States is more than 10 years old, and the growing cost of new cars may raise that age. According to S&P Global Mobility, the average automobile age in the United States is 13 years. Because the average cost of a new automobile has now surpassed 40,000, most Americans will most likely continue to drive their vehicles to postpone the purchase of a new one. Against this backdrop,

Market Activity

The Numbers Are Pointing to Growth for Shares of Texas Instruments Inc. (TXN)

Industrial company Texas Instruments Inc. (NASDAQ: TXN) could be a sound investment in the current economic uncertainty. Even in the face of a likely recession, it will be able to continue to grow, as demand for its products will remain strong. In addition, the company regularly pays dividends. Texas Instruments Inc. (TXN) makes analog and embedded chips that include a processor and memory to run program code. With a presence in two key semiconductor market segments, demand for Texas Instruments products has remained strong for many years. Fortune Business Insights predicts the compound annual growth rate of the semiconductor industry

Market Activity

Time For A Reality Check: Bilibili Inc. (BILI) Stock

Shares of media business Bilibili Inc. (NASDAQ: BILI) traded at $27.85 on June 23 and are currently trading 78 percent below their 52-week high. As a result, nothing has changed about prices since the end of March, although there are several factors to consider. Following the most extreme stage of the COVID-19 crisis, the era of rapid development in the Bilibili audience is still ongoing. The number of monthly active users climbed by 31% year over year in the first quarter of 2022 and reached a new high of 294 million. Additionally, consumers utilize Bilibili services for longer, averaging 95

Market Activity

Lifting of levies and a special law boosted the prices of solar companies

News from the Biden administration drove stock prices for solar businesses including First Solar Inc. (NASDAQ: FSLR) and Enphase Energy, Inc. (NASDAQ: ENPH), among others, on Monday. The cause for the increase was the President of the United States’ public pronouncement that the Defense Manufacture Act will be applied to the solar sector in order to boost local production of solar energy solutions. At the same time, import tariffs on panels and components for solar power plant installation would be postponed for two years. Duties on goods from Cambodia, Malaysia, Thailand, and Vietnam, in particular, will be eliminated. As a

Market Activity

Tilray, Inc. (TLRY) Stock on a Bullish Ride in Current Market, Here’s Why

Tilray, Inc. (TLRY), a global cannabis-lifestyle goods company, has surged 13.44% in the current market. Consequently, TLRY is trading at $7.98 at the time of the writing. TLRY Announced Q3 2022 Results The precipitous rise in the price of TLRY stock could be attributed to the announcement of strong financial results. Hours ago, the company released the results for the third quarter of 2022. The net revenue saw a jump of 23% to $152 million during the quarter, while the gross profit was calculated to be $39.8 million after increasing by 31%. The adjusted EBITDA was estimated to be $10.1 million,

VIPS stock
Market Activity

Vipshop Holdings Ltd. (VIPS) Stock on a Precipitous Rise in Premarket, Here’s Why

Vipshop Holdings Ltd. (VIPS), an online discount retailer for various brands, closed Wednesday’s regular trading session at $9.21 after declining 3.96% during the day. In the premarket trading session, VIPS stock has soared by 7.60% and consequently was trading at $9.91 at the last check. The eminent performance in premarket is attributed to the share repurchase program announcement. Authorization of Share Repurchase Program Hours ago, VIPS has announced that its Board of Directors has authorized the share repurchase program. Under the program, the company could repurchase $1 billion of the Class A ordinary shares over the next 24 months. The company

Market Activity

ThermoGenesis Holdings, Inc. (THMO) Stock in Decline after a Massive Monday, Here’s Why

ThermoGenesis Holdings, Inc. (THMO), a company involved in the development of automated technologies for cell-based therapies, soared 19.48% in Monday’s regular trading session and closed the day at $0.76. In the premarket session, THMO stock has slid 6.81%, owing to the profit-taking factor, and as a result, was trading at $0.71 when last checked. The gigantic increase in the stock price was attributable to the announcement of financial results. FY 2021 Financial Results On Monday, THMO announced the results for FY 2021 which came to an end on 31st December 2021. The net revenue for the year was $9.3 million versus $9.7

Market Activity

Kingsoft Cloud Holdings Ltd. (KC) Stock Plunging in Premarket, Here’s the Reason

Kingsoft Cloud Holdings Ltd. (KC), a company providing cloud services to different businesses and organizations, gained an increase of 1.62% during Thursday’s regular trading session to close the day at $6.27. In the premarket, KC stock has slumped 6.22% and consequently was trading at $5.88 when last checked. The stock started to decline following the announcement of below-par financial results. Q4 & FY 2021 Results On Thursday, after the closure of the market, KC announced the results for Q4 and FY 2021. The company generated $417.4 million in terms of revenue during the quarter, an increase of 38.3% on a year-over-year basis.

Market Activity

DouYu International Holdings Ltd. (DOYU) Stock Plunging After a Fabulous Performance on Wednesday, Here’s Why

DouYu International Holdings Ltd. (DOYU), a company that provides entertainment live streaming services and interactive games through its platform, has slid 10.09% in the pre-market trading session. The slump could be attributed to the profit-taking factor after the stock went berserk during Wednesday’s regular trading session after rocketing by 60.56% to close the day at $2.28. The massive surge came following the announcement of strong quarterly results. Q4 & FY 2021 Results On Wednesday, DOYU released the financial results for the fourth quarter and full-year 2021. The total net revenue during the three months grew by 2.6% on a year-over-year basis