Key News Asian equities were mixed but mostly lower overnight following the selloff on Wall Street. Indonesia, Korea, and Thailand outperformed, while Indonesia and Thailand underperformed. China’s markets were little changed, though Hang Seng Tech saw profit taking from Tuesday. Some computing-related stocks rose as optimism grew before an AI conference in Hangzhou on Thursday. Alibaba managed a small gain, though the broader internet sector was mostly lower. Semiconductor Manufacturing and Hua Hong Semiconductor were both lower, though. Shares in Automakers extended gains after wholesale vehicle sales increased 34.4% year over year in February, according to data from the China…

By Daniel Urbina Summary: Since the stock trough of $25.67, the shares have recovered significantly to $110.95 thanks to higher margins and revenue growth. The company is innovative at its core and has increased its tangible addressable market over time, creating new types of solutions for merchants running an online store. Despite the immense growth opportunity, the shares are extremely overvalued at a forward PE of 76.8 and compared to their intrinsic value. Shopify (SHOP) is a Canadian e-commerce web development platform that serves clients of all sizes. It also offers complementary services such as payment processing, shipments, marketing, and…

If you have even a light touch on the pulse on the economy you have probably noticed things feel a little weak. And by weak, I mean the kind of slow-motion collapse economists like me get paid to anticipate. I’ve spent decades teaching economics, and one of the most common questions I get is: “Are we heading into a recession?” I see five waving red flags warning we are headed for an economic slowdown: the quits rate, the index of consumer confidence; unintended inventories; the composite index of leading indicators; and general alarm and gloom on Wall Street. Red Flag…

At this point, I don’t think I really need to say that Trump 2.0 is a lot different than Trump 1.0. And one of those differences—which very few people are talking about—is a huge tailwind for the two big dividends we’re going to dive into today. Think back to our first go-’round with Trump. Remember his relationship with Jay Powell? Terrible, right? Back in 2018, he tweeted that Powell and the Fed had “no sense, no guts, no vision” when they failed to cut rates as much as the president wanted. A year later, he called Powell an “enemy.” And…

Fears of slower growth have spiked as the stock market has fallen in recent weeks. However, recent reported economic data has shown growth and a healthy jobs market. It remains to be seen whether the fears of consumers and businesses are realized in recession, or if predictions of decline are overdone. Recent Economic Data Has Been Positive Recent reported economic data has been consistent with growth. The latest estimate for Q4 gross domestic product is 2.3% growth. Unemployment is at 4.1% as of February, with the economy adding 151,000 jobs, similar to the past 12 months. That said, 4.1% unemployment…

According to NextEarningsDate.com, the Micron Technology next earnings date is projected to be 3/20 after the close, with earnings estimates of $1.97/share on $7.93 Billion of revenue. Looking back, the recent Micron Technology earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive revenue growth: But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader’s dream come true — so such traders will be interested to know that Micron Technology has…

Volkswagen expecting profits and sales to remain about the same in 2025 doesn’t sound very exciting, but as existential problems mount some investors might see this as exceptionally brave. After all, sales in Europe look set to stagnate, while electric vehicles still sit on forecourts for too long as buyers hope for government incentives to be reinstated. One recent EV plus point for VW was the European Union’s decision, awaiting ratification, to ease the rules for CO2 emissions in 2025 by extending them for two extra years. VW was seen as the principal beneficiary of this concession with analysts expecting…

The U.S. Government Accountability Office released its annual report today highlighting the amount of improper payments found in the previous fiscal year ending September 30, 2024. In it, the GAO reports $162 billion in waste, or as the reports states, improper payments in 16 agencies across 68 different programs. Approximately 84% of these improper payments ($135 billion) were the result of overpayments. The GAO estimates the total amount of improper payments since fiscal year 2003 at $2.8 trillion and the actual amount may be much higher. The GAO report states, “….improper payment estimates do not represent the full extent of…

Want some relief from all the earnings reports and the noise that comes with them? With its long track record of top-line and bottom-line growth, industry leadership position, diversified business model, and quality corporate governance, this Long Idea is positioned to grow profits for years to come. And, this stock is undervalued. The current valuation implies the company’s profits will fall 10% from current levels, thereby creating a large margin of safety and quality risk/reward. If you’re looking for hyperbolic descriptions and fanciful narratives, then you might not like this report. I’m not here to help you speculate or gamble.…

Key News Asian equities mostly followed Wall Street lower overnight, except for Mainland China and Hang Seng Tech, as the Philippines and Singapore were hit the hardest. Yesterday’s market tantrum in the US and China’s subsequent gains overnight, though Hong Kong was nearly flat overall, highlight the diversification benefits of owning China. Were investors prepared for this? Probably not. US-listed China stocks, especially internet stocks, are rallying this morning after a slump yesterday. Mainland investors were net sellers of Hong Kong-listed stocks and ETFs overnight after a record single-day inflow yesterday. President Trump is reported to be planning a trip…