Wayfair (NYSE: W), the gigantic e-commerce store that sells a zillion amount of furniture and home goods, is rocking the investment world. Flashback three weeks ago and COVID-19 pulled Wayfair down to the $25 mark. Let me stress the significance of this bearish decline, $25 equated to a 5 year low. Investors saw the opportunity […]
Category Archives: US stocks
Carnival Cruises and Royal Caribbean could go bankrupt – is there any hope?
Carnival Cruise (NYSE: CCL) and Royal Caribbean (NYSE: RCL) experienced extreme turbulence over the past few months. Especially, as the short term future of international travel dims. It seems the cruise line industry, as mentioned by Buffet, will never be the same again. Since our last article on investing in CCL and RCL, both stock […]
Warren Buffett sells $6 Billion in US airline stocks – what this means for Delta, AAL, LUV and UAL investors?
The Godfather of investing – Warren Buffett announced on Saturday that he had sold $6 Billion in US airline stocks. The news came as Buffett announced to the press that his infamous Berkshire Hathaway fund had decided to cut ties with the US airline industry. Buffett explained that after consideration he had decided buying into […]
DraftKings surged by 10.4% on debut – could this be the next PointsBet Holdings?
DraftKings (NASDAQ DKNG), the rising online sports betting platform, turned the heads of NASDAQ investors last week after rising 10.4% on its debut. DraftKings hosts sports contests and provides sports betting services for the world’s biggest sporting leagues. These include the NBA, MLB, NFL, Premier League, UEFA Champions League, Tennis, and NASCAR. The company went […]
Boeing falls out on $4.2 billion Embraer deal – aircraft giant hasn’t been this cheap since 2016
Boeing Co’s (NYSE:BA) deal with the Brazilian Aircraft maker Embraer SA (BVMF: EMBR3) has fallen out after companies failed to finalise deal by dead-line. After years of discussion, Boeing had planned to acquire a controlling portion of Embraer’s airline manufacturing branch. The deal would see Boeing take control of the single aisle market share that is currently lead […]
Warren Buffett’s firm sells nearly 13 million shares in Delta Airlines
In these unprecedented times, we are beginning to see a trend forming amongst investors in the international markets. Investor confidence is beginning to decay as Unemployment rates spike and companies begin to double down on liquidity solutions and slimming cost. Warren Buffett’s Berkshire Hathaway had reportedly sold $314 million USD of Delta Airways (NYSE: DAL) […]
Is Luckin Coffee a good investment after a 80% fall yesterday?
Luckin Coffee (NASDAQ:LK) is a Chinese coffee house chain that formed in 2017. The company has a $1.75 Billion market cap, making it one of the biggest Coffee Corporations in China. The company was trading around the $30 mark (NASDAQ) through February with investors confident that the Chinese giant would survive. It wasn’t until news broke […]
Are Royal Caribbean and Carnival Cruises a viable long term investment?
The global shutdown of the transportation and tourism industry has lead to some of the biggest Cruise lines across the globe halting operations until further notice. Subsequently, these Cruise line giants have lost almost 2/3 of their share value since February. Royal Caribbean (NYSE: RCL) and Carnival Corporation (NYSE: CCL) both share a market cap north of […]