$Shopify(SHOP)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Pinterest, Inc.(PINS)$A major activist firm just took a big stake. Pinterest hasn't exactly been a stellar performer, with shares more than 75% below their highs. However, Elliott Management, a large activist investment firm, just took a big stake in Pinterest and has reportedly been in talks with the company on unspecified matters over the past few weeks.Here's a rundown of what investors need to know about Elliott Management's investment, why the firm might be willing to put over a billion dollars in capit

$Micron Technology(MU)$Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?Micron (MU) stock has not had a good stretch lately, with shares falling in four of the last five weeks and currently down about 26% from the May high.Bulls are hoping but that earnings can save the stock, with the report due up after the close on Thursday.Of course, the worry is that the quarterly results will drop the stock down below a key support zone. As of Wednesday’s action, this area is still holding on — admittedly though, it’s hanging by a thread.In fact, most of the semiconductor and chip stocks have been struggling.Advanced Micro Devices (AMD), Nvidia (NVDA), Taiwa

Penny stocks are well-known for their high-risk and high-reward potential. When it comes to a choppy stock market, traders will flock to some of these names for quick gains instead of taking a chance at investing in a broader market that still has some downside left.Needless to say, this week, in particular, could bring more speculation and uncertainty thanks to key economic data. The foremost is second-quarter GDP results set to report on Wednesday. The biggest question is, will GDP data signal signs or even confirm a recession?According to the Bureau of Economic Analysis, the figures show some interesting trends:“Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 202

New Oriental Education analyst ratingsNew Oriental Education Questions & AnswersWhat is the target price for New Oriental Education (EDU)?The latest price target for New Oriental Education (NYSE: EDU) was reported by Citigroup on June 17, 2022. The analyst firm set a price target for $32.00 expecting EDU to rise to within 12 months (a possible 45.12% upside). 14 analyst firms have reported ratings in the last year.What is the most recent analyst rating for New Oriental Education (EDU)?The latest analyst rating for New Oriental Education (NYSE: EDU) was provided by Citigroup, and New Oriental Education maintained their buy rating.When is the next analyst rating going to be posted or updated for New Oriental Education (EDU)?Analysts arrive at stock ratings after doing extensive research,

The drug maker has missed the boat entirely when it comes to bringing its Covid-19 treatment to market. Novavax’s Covid-19 vaccine still isn’t approved for use in the U.S. With the pandemic in full retreat and the majority of people now fully vaccinated, demand for Novavax’s vaccine is likely to be weak. Rival pharmaceutical companies Pfizer and Moderna have beat Novavax to market with multiple Covid-19 treatments.Any hope that pharmaceutical company Novavax(NASDAQ:NVAX) stock will gain widespread approval to bring a Covid-19 vaccine to market is now over. The Gaithersburg, Maryland-based company might still beholding out hopeto get its Covid-19 vaccine approved around the world, but the likelihood of that happening looks increasingly dim, especially as demand for the vaccine is dropp

Disney+ is anything but a savior for Disney and DIS stockIt’s a terrible time to own The Walt Disney Company(NYSE:DIS) stock, and that’s understating the situation. The luster has faded from the company’s Disney+ streaming service and investors are finally realizing the truth of what I’ve been saying for years: Disney+ is a money-losing business that faces incredibly intense competition. The streaming channel is finally being seen as the liability it is instead of a life saver for DIS stock. Meanwhile, the company’s largest business is cable TV, which continues torapidly lose subscribers. Making matters worse, Disney has — probably unnecessarily — become deeply embroiled in a hugely controversial political and cultural debate in the U.S. As a result, the firm has likely alienated

Here’s the facts.Sea has three business segments, focused heavily in the SEA region and Brazil. Those three are Garena (gaming), Shopee (e-commerce) and Sea Money (payments) Garena is a very profitable segement producing almost 3B in ADJUSTED EBDITA. While the other 2 are very un profitable but growing extremely fast, as in triple digit growth. Yet the company still manages to stay cash flow positive the past 2 years.The gross profit margins for the business are very high 40%. So as the revenues scales up profits should come fairly easily. The company currently is valued around 60B which is extremely cheap and fair for Garena alone. But Shopee has proven to be a huge success and is clearly worth investing profits into. And Sea Money is just exploding. This is like buying a Activision/Amazo

$Netflix(NFLX)$ SOURCE: Financial Times Back in 2016, when Netflix launched in India, Bollywood welcomed the godfather of streaming with open arms. “Producers looked at Netflix as this hen that’s going to lay golden eggs,” said one studio executive.Yet more than five years later, Netflix’s ambitions to find 100mn subscribers from India look like hubris.Today, Netflix has just 5.5mn subscribers in India, according to Media Partners Asia (MPA), a research and consulting company. In contrast, MPA estimates that Netflix’s competitors, Amazon Prime Video and Disney Plus Hotstar, have 16mn and 50mn, respectively — the latter boosted by holding the rights to air Indian Premier League (IPL) cricket matches.Netflix does not disclose subscriber numbers by