September 26, 2023
Are petrol prices and oil stocks on the rise?
Will Kiwis face queues at petrol stations as we seek out competitive petrol in the face of rising global oil barrels hitting a 10-month high? This June, Opec+ oil producing members agreed to lower oil supply and agreed again this September to continue. So what does that mean for Big Oil stocks?
September 19, 2023
Cruise ship stocks climb in post-pandemic recovery
Summer’s set to sizzle in Aotearoa but not everyone’s happy that the cruise industry’s setting sail to our calm waters. Behemoth passenger ships are bringing record numbers of tourists to our shores as the global cruise industry recovers from their Covid woes. We zoom out five years to see what’s been going on.
September 12, 2023
Airbnb stock jumped 11% this September... why?
From NYC to Paris and plenty of places in between, Airbnb’s been battling for their place in the short term rental market. But cities are saying otherwise. In a global cost of living crisis, residents are being squeezed out of rental properties and now the Big Apple’s regulators are coming in hard. So why's Airbnb's stock soaring?
September 5, 2023
Lululemon Athletica delivers a second quarter flex
Since they first stepped their lycra-clad yoga bods onto the Nasdaq, Lululemon has come a long way, now producing everything from tennis gear, golf clobber to …neon slides? Today Lululemon is nipping at the heels of sporting giants Nike and Adidas bringing a shoe game that delivers all the feels.
August 29, 2023
Nvidia’s 227% year-to-date stock ascent
Nvidia revolutionised the gaming industry in the 1990s by inventing ultra-fast graphics processing units. Decades later they’ve whooshed past Wall Street expectations with their tech innovation driving generative AI for Big Tech. Far from overnight success, Nvidia was a slow burn, rewarding investors who joined them on day one.
August 22, 2023
Big-box retailers Home Depot, Target, and Walmart: Food’s the winner!
How’s the US economy doing? Big-box retail giants might hold the clue. Home Depot and Target’s budget-conscious shoppers are cautious about big dollar spending. Meanwhile at Walmart, it seems shopping’s flying out the door - groceries, that is - with home cooking the winner.
August 15, 2023
Virgin Galactic falls flat while Rocket Lab prepares next quarter earnings for liftoff
While Richard Branson’ crew are flying paying passengers to the edge of the Earth, Rocket Lab has launched a mission to find out what’s melting the ice caps. The news comes hot on the heels of Rocket’s Lab’s Q2 earnings where they raised the stakes for the upcoming quarter, expecting double-digit liftoff.
August 8, 2023
Cheap eats take the bite out of inflation: Yum!, DoorDash, Starbucks mixed results
We are what we eat and it seems we’ve become a planet of lil nuggets as budget-friendly kai kicks inflation to the curb for some food stocks. And while some companies filling pantries are battling inflated commodity costs, Seattle’s finest, Starbucks, is trying to convert the world’s most populous nation of tea drinkers into craving a fresh daily brew.
August 1, 2023
Tech titans’ mega-cap earnings: AI optimism or AI bubble?
AI bubble trouble or market optimism? Global AI innovation is accelerating rapidly, changing how humans do things. But some Wall Street analysts are saying the 2023 market recovery is starting to look a lot like an AI bubble comparing it to the dreaded dotcom boom ’n’ bust. But is the comparison realistic?
July 24, 2023
Hollywood on strike: Entertainment stocks fall
Two strikes and is Hollywood out? While writers and actors wait it out while bigwig studios decide whether they deserve royalties and protection from AI stealing their jobs, an industry is left reeling while the world feels the trickle-down impacts. Will entertainment stocks strike out?
July 18, 2023
US big bank earnings a mixed bag
It’s second-quarter earnings season for the top four banks in the US and it seems not all of them are making bank. While high interest rates benefiting lending are helping some banks, as the investment banking sector’s rebound is still on a go-slow, it’s hurting others.
July 10, 2023
Meta’s Threads goes head-to-head with Twitter
Is Mark Zuckerberg cool again? His new Meta app Threads is gaining traction with more than 100 million sign-ups less than a week after launch. The Big Tech company’s share price has been on the climb since November 2022 and bumped up following the news. But is Threads innovative enough to add to Meta’s revenue?