Tag: Investment

Stock Wars: Denny’s Versus Shake Shack

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two popular restaurant chains: Denny’s Corp. and Shake Shack Inc. The Case for Denny’s This company traces its roots back to a coffee shop called…


US Capital Pours Into China, Posing Risks

Commentary The unraveling of Chinese property giant Evergrande, the world’s most indebted developer, has prompted an unusual intervention by a U.S. investor. Los Angeles-based Oaktree Capital Management seized control of “Venice,” a massive apartment complex near Shanghai, after the project defaulted on a secured loan that Oaktree provided late last year, according to reporting in…


Intel Analysts See Turnaround Plans as Long-Drawn, Ambitious, and Investment-Heavy

Intel Corporation shares ended last week sharply lower, as the chip giant’s Investor Day presentations left investors unimpressed. The Intel Analysts BofA Securities analyst Vivek Arya maintained an Underperform rating and $52 price target for Intel shares. Rosenblatt Securities analyst Hans Mosesmann maintained a Sell rating and $40 price target. Needham analyst Quinn Bolton kept…


Ambitious Student Becomes a Landlord After Buying His First Property at the Age of 21

An ambitious business student has become a landlord after buying his first investment property at the age of 21. After saving since he was 15, Harry Chew bought a two-bed mid-terraced home in Nottingham, East Midlands, England, as a long-term buy-to-let investment in June 2021. “It is possible to buy property at a young age if…


Investors Buying Up Record Share of American Homes: Redfin Report

Homes bought by investors made up a record 18.4 percent of the total homes sold in the United States during the final quarter of last year, based on a report by realty company Redfin, drawing scrutiny from lawmakers who have blamed the trend for driving up home prices. The Q4 numbers reveal an uptrend from…


Knightscope CEO on Stock Volatility, Company Focus Following IPO

Knightscope Inc. made its public debut on Jan. 27. Shares of the security technology company were priced at $10 and opened for trading around $14 per share. The stock closed down more than 40 percent before finding renewed investor interest the following day and surging as high as $27.50. ‘Long Knightscope, Short the Criminals’ “The stock is going to go…


Apple’s Dominance of US Smartphone Market Exceeds 50 Percent Again With iPhone, Samsung Trails Distantly

Apple Inc. boosted its dominance of the U.S. smartphone market in the previous quarter, with Samsung trailing the iPhone maker as a distant second. What Happened Data from Counterpoint Research indicates that iPhone began 2022 on a strong note as it garnered 56 percent of the market share in the fourth quarter of 2021, with…


Retail Sales Jump by Forecast-Beating 3.8 Percent, but Experts Point to Weakness Behind Numbers

U.S. retail sales saw a strong, forecast-beating rebound in January after a sharp pullback in the prior month, although experts cautioned to not read too much into the numbers, as seasonal adjustments to the data played an outsized role. U.S. shoppers appeared to hit the stores in droves in January, with a Feb. 16 Commerce…


‘Big Bang’ Corporate Tax Reform Needed Now to Boost Business Investment: Leading Tax Expert

With light at the end of the pandemic tunnel in sight, now’s the time for a “big bang” in corporate tax reform, says Jack Mintz, one of Canada’s foremost tax and public policy experts.


Wix.com Stock Slides on Q4 Revenue Miss, Slower Revenue Growth Forecast for Q1

Wix.com Ltd. reported fourth-quarter FY21 revenue growth of 16 percent year-on-year to $328.3 million, missing the consensus of $331.2 million. Wix.com is a global SaaS platform to create, manage, and grow an online presence. Segments Creative Subscriptions revenue increased 15 percent Y/Y to $246.7 million. The Creative Subscriptions bookings climbed 12 percent Y/Y to $264 million. Creative Subscriptions…