Sean Peche used a recent appearance on CNBC to lay out four holdings he considers priced below their fair value, at a moment when broad indexes keep rewarding momentum over fundamentals. The Ranmore Fund’s portfolio manager skipped the enthusiasm around Chinese robotics developer UniTree’s initial public offering, pointing instead to mispriced cash flows in sectors
Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has
Gorilla Technology (GRRR) shares tanked on Tuesday morning after the AI-enabled software firm reported Q2 earnings featuring a “wider-than-expected loss” that overshadowed its strong top-line performance. The company posted $0.58 a share of loss for its fiscal second quarter on $50.1 million in revenue, compared to the consensus set at $0.04 per share and $38.7
Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin. The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term. Ether’s funding rates flip negative Ether has dropped below $3k after
US President Donald Trump’s plan to grant Nvidia licences to ship more powerful artificial intelligence chips to China is triggering fresh backlash in Congress, including from prominent China hawks within his own party. The move is sharpening divisions in Washington over whether tighter export controls protect national security or weaken US influence in the global
US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful focus on inefficient green energy. While the World Economic Forum (WEF) has increasingly focused its energy discussions on advancing lower-carbon policies, a conversation in
Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,
This time last week, the S&P 500 hit yet another all-time high, coming within a couple of points of 7,000. Over the previous two months, the index had made a series of higher lows and higher highs. Over the same period, the VIX index, a measure of S&P volatility, had declined steadily, falling back to
Adobe stock price continued its freefall this week, reaching its lowest level since November 22, turning one of the best-known software companies into a fallen angel. ADBE dropped to a low of $294, down by 53% from its highest point in 2024, with its market capitalization falling from the all-time high of $288 billion to
Gold prices slipped on Thursday on easing geopolitical tensions over Greenland, which dented safe-haven demand. Meanwhile, silver prices on COMEX were higher as the white-metal hovered around the $93.5 per ounce mark. Oil prices fell more than 1% as US President Donald Trump softened threats against Greenland and Iran, allaying fears of lower supply. Additionally,