New Strong Buy Stocks for May 3rd

The Daily Beast
Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K
STR/NurPhoto via Getty ImagesTrump Media & Technology Group, the company that owns Truth Social, on Monday posted an alarming loss and less than $1 million in revenue in its first quarter since going public. Trump Media, which began trading in March under the ticker symbol DJT, reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year. However, it also reported a net loss of $327.6 million during the first three months of the year, compared with
Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
Bloomberg
Gold Trims Gains as Traders Book Profit After Fresh Record
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bea
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Yahoo Finance
Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow
Investors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Bloomberg
Philippines Warns of Intervention as Peso Drops Past Key Level
(Bloomberg) -- The Philippine central bank warned it will intervene in the currency market after the peso dropped past the key 58-per-dollar level.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML, TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Tesla Shareholder Group Slams Elon Musk’s $56 Billion Pay PackageAuthorities will step in
GOBankingRates
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...
Simply Wall St.
Insider-Owned Indian Growth Companies To Watch In May 2024
The Indian market has shown robust performance, with a 3.7% rise over the past week and an impressive 44% climb over the last year. With earnings expected to grow by 17% annually, companies with high insider ownership might offer valuable stability and growth potential in this flourishing environment.
Simply Wall St.
Is Amazon.com, Inc. (NASDAQ:AMZN) Potentially Undervalued?
Today we're going to take a look at the well-established Amazon.com, Inc. ( NASDAQ:AMZN ). The company's stock received...
Australian Associated Press
Consumer spending the wildcard in rate hike uncertainty
The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
Yahoo Finance
Jamie Dimon says the end to his time as JPMorgan CEO is 'not 5 years anymore'
The CEO of JPMorgan Chase made it clear Monday he now envisions a day when he will no longer run the largest US bank in fewer than five years.
Investing.com
Palo Alto Networks shares drop 8% premarket as billings outlook disappoints
Investing.com -- Shares in Palo Alto Networks (NASDAQ:PANW) tumbled more than 8% in premarket U.S. trading on Tuesday, after analysts flagged that the group's latest billings forecast disappointed elevated expectations.
TechCrunch
Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it's making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
Reuters
Morning Bid: Metals zoom as investors wait on rates
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
Simply Wall St.
Zhejiang Huatie Emergency Equipment Science & TechnologyLtd And Two More Chinese Exchange Growth Companies With High Insider Stakes
As global markets navigate through varying economic signals, China's recent historic measures to stabilize its property sector reflect a proactive approach amidst ongoing challenges in the housing market and broader economy. In this context, understanding the significance of high insider ownership can provide insights into companies with potentially resilient growth trajectories in China's complex market landscape.
Investing.com
RBA considered a rate hike during May meeting, minutes show
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for inflation.
Yahoo Finance AU
Big banks slammed for ‘abandoning’ mortgage customers
More mortgage holders are experiencing hardship as interest rates rise and cost-of-living pressures bite. And banks aren't doing enough to help them.
Reuters
Canadian banks' quarterly profits seen pressured by higher bad-debt provisions
Canadian banks are expected to set aside money for challenging days, which will hurt quarterly earnings, as investors await commentary on how the lenders will navigate a prolonged high interest-rate environment that has dented credit growth. The exception is Canada's No. 1 bank, Royal Bank of Canada, whose recent acquisition of HSBC's domestic unit is expected to benefit the bank. Some banks in the group - which includes TD Bank, Bank of Montreal, CIBC, Bank of Nova Scotia and National Bank of Canada - are also undergoing some management shakeups, with two new CFOs expected to address analysts in conference calls following the results.
Investing.com
Bank of America explains why it’s not just about Nvidia anymore
It's not just about NVDA anymore, according to analysts at Bank of America on Monday, with the firm stating that fundamentals are broadening out.
Fortune
Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns
Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”

ALL ORDS

AUD/USD

ASX 200

OIL

GOLD

Bitcoin AUD

CMC Crypto 200

New Strong Buy Stocks for May 3rd

Morgan Stanley Price and Consensus

Netflix, Inc. Price and Consensus

Siga Technologies Inc. Price and Consensus

Tenet Healthcare Corporation Price and Consensus

Taylor Morrison Home Corporation Price and Consensus

Latest stories

Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

Gold Trims Gains as Traders Book Profit After Fresh Record

Nvidia earnings could spark $200 billion swing in shares, options show

Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow

Philippines Warns of Intervention as Peso Drops Past Key Level

7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account

Insider-Owned Indian Growth Companies To Watch In May 2024

Is Amazon.com, Inc. (NASDAQ:AMZN) Potentially Undervalued?

Consumer spending the wildcard in rate hike uncertainty

Jamie Dimon says the end to his time as JPMorgan CEO is 'not 5 years anymore'

Palo Alto Networks shares drop 8% premarket as billings outlook disappoints

Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion

Morning Bid: Metals zoom as investors wait on rates

Zhejiang Huatie Emergency Equipment Science & TechnologyLtd And Two More Chinese Exchange Growth Companies With High Insider Stakes

RBA considered a rate hike during May meeting, minutes show

Big banks slammed for ‘abandoning’ mortgage customers

Canadian banks' quarterly profits seen pressured by higher bad-debt provisions

Bank of America explains why it’s not just about Nvidia anymore

Wall Street’s biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns