There is a huge disconnect between Wall Street homebuilder estimates and where these stocks trade. If the analysts are anywhere near correct this entire sector is wildly undervalued. They are trading at 10X earnings and consensus estimates call for 22%-82% earnings growth by 2028. That is functionally rapid growth companies trading at value multiples. Either the market is wrong, and these stocks are way too cheap, or the analysts are wrong about their earnings forecasts. In this article we will examine the ...

LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point to how it continues to grow. On Wednesday, as Microsoft reported its Q2 numbers, the company noted that LinkedIn revenues have grown 9% over the last year. And later, in earnings remarks, Microsoft CEO Satya Nadella confirmed that LinkedIn passed a record $2 billi ...

Calgary, Alberta--(Newsfile Corp. - January 29, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that pursuant to a 2017 agreement with Shell Canada Limited and affiliates ("Shell") and as a result of certain conditions being met, Canadian Natural and Shell are transacting an asset swap related to the Athabasca Oil Sands Project ("AOSP"). Effectively, Canadian Natural will swap 10% of its working interest in the Scotford Upgrader and Quest Ca ...

Earnings of OFG Bancorp (NYSE: OFG ) will likely remain flattish this year. Anticipated loan growth and provisioning expense normalization will lift earnings. On the other hand, a decline in the net interest margin and operating expense growth will restrain earnings. I’m expecting the companyAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and i ...

Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy.Musk was unsurprisingly light on details. He said that there will be no people in the cars, which will use the yet-to-be-released “unsupervised” version of its Full Self-Driving software. Musk first teased the idea of starting up a paid self-driving service back in October when Tesla revealed ...

Meta has settled a lawsuit brought by Donald Trump after the social media giant suspended him from their and Instagram platforms following the January 6, 2021 attack on the Capitol. As part of the agreement, Meta will pay $25 million, including about $22 million to Trump’s presidential library and the remainder going to legal fees and other plaintiffs who were part of the litigation. A Meta spokesman confirmed the settlement, first reported by The Wall Street Journal. “I write to inform the Court that the ...

Amazon reportedly faces a proposed class action lawsuit that alleges the company tracked consumers’ movements through their cellphones and sold the data it collected.The complaint alleges that an Amazon Ads SDK embedded in apps by tens of thousands of app developers enabled Amazon to collect timestamped geolocation data about where consumers live, work, shop and visit, Reuters reported Wednesday (Jan. 29).“Amazon has effectively fingerprinted consumers and has correlated a vast amount of personal informatio ...

Perhaps in no other industry has the pinch of inflation been more keenly felt than in the restaurant space, where restaurateurs are grappling with skyrocketing labor costs and rising food prices, and diners are being shell-shocked by menu prices that seem muchWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He h ...

Microsoft's Financial Performance - Microsoft's shares fell sharply due to higher-than-expected investment spending, with a forecast of $80bn for the year [1] - The company lost $7bn in market value, partly due to slower-than-expected growth in its Azure cloud business [5] - Despite group revenue and profits beating estimates, shares were down up to 4% in after-hours trading [7] AI and Market Impact - The AI spending forecast preceded a market rout for AI-linked stocks, with Nvidia losing almost $600m in market value in one day [2] - DeepSeek's emergence as a leading chatbot has forced US tech investors to question the high investment levels and market values of AI-exposed firms [3][4] - Microsoft, a major shareholder in OpenAI, faced pressure as the AI race intensified, with DeepSeek toppling ChatGPT in Apple's app store free downloads [3][4] Industry Trends - The Nasdaq constituents lost a combined total above €1trn, reflecting a broader market reaction to AI-related investments [4] - Microsoft added DeepSeek's model to its Azure offerings, signaling continued investment in AI despite market challenges [6] Capital Expenditure - Microsoft's capital expenditure was $1.6bn higher than consensus forecasts, contributing to investor concerns [6]

I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in the markets for several years, and am primarily focused on long/short equities. I hold a Bachelor of Science Degree from Lehigh University, where I double majored in Finance and Accounting, with a minor ...