After enduring a long period of high inflation and elevated interest rates, many U.S. consumers are feeling some pain, multiple data points strongly suggest. According to Axios, credit card delinquency rates rose 1.8 percentage points versus this time last year to 7.2%, and 8% of auto loans were delinquent at the end of Q2, representing a year-over-year increase of 0.7 percentage points. Both metrics reached their highest level since the pandemic. Moreover, the unemployment rate increased to 4.3% in July ve ...

China-based XPeng (NYSE:XPEV) manufactures and sells electric vehicles, and the data indicates XPeng is on a positive trajectory in terms of EV deliveries. At the same time, XPeng stock is out of favor among investors. This mismatch between sentiment and reality sets up a terrific buying opportunity that probably won’t last long.Yes, there are trade tensions between the U.S. and Chinafears over which have already been factored into the XPeng share price. It seems like the market doesn’t care about XPeng’s p ...

Volatility in the markets has heightened in recent weeks. However, long-term investors should embrace it since it creates bargains. Whether the low on August 5 was the bottom remains to be seen. Still, with most individual stocks down over 10%, it’s time to screen for the best blue-chip stocks whose risk-reward setup has improved.There are several reasons to remain optimistic about stocks despite the recent selloff. Evidence points to earnings holding up, especially for blue-chip stocks. As of August 2, Fac ...

Group 1: Specialty Chemicals - Perimeter Solutions (PRM) has shown significant growth in specialty chemicals, particularly in fire safety products, with Q2 2024 net sales increasing by 67% to $127.3 million from $76.1 million year-over-year [4] - Fire Safety sales specifically rose by 85%, from $53.1 million to $98.5 million, attributed to high market demand during an active fire season [4][5] - The company has a historical annual growth rate of 10% in Fire Safety volume, with expectations for continued growth due to new opportunities in prevention and protection [5][6] Group 2: Diversified Support Services - Civeo (CVEO) operates in diversified support services, with its Australian segment reporting a 32% revenue increase to $108.6 million in Q2 2024 from $82.5 million in Q2 2023 [7][8] - The growth was driven by a 6% increase in the number of billed rooms in Australian villages, rising from approximately 588,000 to 625,000, alongside a daily room rate increase from $75 to $78 [7][8] - Civeo aims to reach AUD 500 million in revenues by 2027, supported by effective pricing strategies and market demand [8][9] Group 3: Home Furnishings - Ethan Allen Interiors (ETD) reported fiscal 2024 net sales of $646.2 million, with Q4 sales reaching $168.6 million, the highest of the year [10] - Despite a decrease in net sales due to lower unit volumes, the company maintained solid gross margins and effectively managed expenses [10][12] - The company reduced marketing expenditures to 2.8% of sales, down from 4% five years ago, enhancing customer engagement through innovative digital marketing [12] Group 4: Consumer Finance - Regional Management (RM) reported a net income of $8.4 million in Q2 2024, a 37% increase from the previous year, with a loan portfolio growth of $29 million, reaching $1.8 billion [13][14] - The company achieved an 80 basis point increase in total revenue yield year-over-year, driven by higher pricing and improved credit performance [14][15] - LendingClub (LC) saw a 10% sequential rise in loan originations in Q2 2024, reaching $1.8 billion, reflecting successful product innovations and strong investor demand [22][23] Group 5: Marine Transportation - Global Ship Lease (GSL) secured over $400 million in contracted revenue in the first half of 2024, with over 85% locked in during Q2 [19][20] - The company increased its quarterly dividend by 20%, reflecting strong cash flow and confidence in market conditions [20][21] - GSL's forward contract cover totals $1.8 billion, ensuring a stable revenue stream and capitalizing on favorable market conditions [19][20] Group 6: Air Pollution Control - Fuel Tech (FTEK) specializes in air pollution control, reporting cash and investments of over $32 million with no long-term debt, providing financial flexibility for growth [16][18] - The company benefits from favorable regulatory outcomes, particularly the U.S. EPA's Cross-State Air Pollution Regulation, which could boost growth in 2024 [17][18] - Fuel Tech's consolidated gross margins increased to 40.9% in Q1 2024, up from 38.5% in the same period in 2023, enhancing profitability [18]

The surge in cloud computing stocks has been one of the defining trends of the tech sector in recent years, fueled by the accelerated shift toward digital transformation and remote work solutions. However, not all clouds have a silver lining. As the market matures and growth rates begin to normalize, certain players in the cloud space may not sustain their previously meteoric rises.The cloud computing market is expected to rise from $626 billion in 2022 to $2,220 billion by 2031. The increasing adoption of ...

The fintech industry is growing rapidly in 2024, making the case for the best fintech stocks to buy on a dip. Despite operating in a more challenging macroeconomic environment, fintech companies continue expanding their revenue and earnings. August has been off to an extremely volatile start, to say the least. Earlier this week, Japan’s Nikkei saw its worst single-day crash since the notorious black Monday of 1987. The index plunged more than 12%, sending a ripple effect across the global stock market. Many ...

Despite issuing disappointing and strange second-quarter financial results, there is still reason to be bullish on e-commerce giant Amazon (NASDAQ:AMZN). AMZN stock has taken a beating since the company delivered a Q2 print that left more than a few analysts and investors scratching their heads. The earnings and investor rotation out of technology stocks have conspired to push Amazon’s share price down 18% since the beginning of July. In the week since the company announced its Q2 results, AMZN stock has fa ...

The Nasdaq 100 has more than doubled over the past five years. It’s filled with the top 100 non-financial Nasdaq stocks based on market cap. This benchmark contains some of the best Nasdaq stocks, based on its ability to consistently outperform the Nasdaq Composite in bullish markets.Looking at the stocks within a top-performing benchmark can help you generate higher returns. By definition, a benchmark continues stocks that have outperformed its year-to-date returns. You can find the first two stocks on thi ...

Core Viewpoint - Digital Turbine (NASDAQ:APPS) has experienced a significant decline in value over the past year, losing more than 70% of its market capitalization, but recent earnings reports indicate potential for a turnaround as the stock has risen sharply following the announcement [1][2] Financial Performance - In the fiscal first quarter of 2025, Digital Turbine reported revenue of $118.0 million, which is a 5% increase quarter-over-quarter compared to the fiscal fourth quarter of 2024, but a 19% decline year-over-year from the fiscal first quarter of 2024 [2] - The previous quarter (Q4 2024) saw revenue of $112.2 million, reflecting a 20% decline from $140.1 million in the same quarter the previous year, alongside a significant net loss of $236.5 million primarily due to a non-cash goodwill impairment charge of $189.5 million [2] Stock Performance - APPS stock has seen a notable increase of 60% in a single trading day, closing at nearly $3 after starting the day just above $2, marking the company's best trading day in months [2] - Despite the recent positive earnings report and short-term stock growth, the long-term outlook for Digital Turbine remains uncertain, with shares down approximately 60% since the beginning of the year [2]

Stock splits, once rare, are roaring back into focus for traders and investors alike. In January, Walmart (NYSE:WMT) became the latest company to announce a three-for-one stock split followed by Williams-Sonoma’s (NYSE:WSM) two-for-one split. This trend has continued, with plenty of other stock split opportunities worth paying attention to.Compared to other tech cycles, like the tech bubble in the 1990s, stock splits are rare. By the mid-2000s, stock splits dropped dramatically, and nearly ceased after the ...