Shares of Oracle Corp (ORCL) are down 4% on news that a former internal accountant filed a whistleblower lawsuit about the company’s accounting practices relating to cloud services revenue, as reported by Reuters: In a …
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On May 19th, I laid out my near term bearish thesis for shares of MSFT (Clouded by Azure), highlighting investor focus on their public cloud business and valuation: Despite fast growing businesses like Office 365 …
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ECB and OPEC are the stories of the day. Sadly, I have little intelligent to add. So I won’t attempt to opine on what Mario Draghi, or the Saudi’s did or didn’t do. All I …
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Event: Joy Global (JOY) the manufacturer of mining equipment reports fiscal Q2 results tomorrow before the open. The options market is implying a one day post earnings move of about 12.5%. With the stock at …
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A few years ago in Dallas, Texas I made a last minute Christmas Eve gift purchase at a Conn’s appliance and electronics store. The shopping experience was horrible. The store reminded me of the Army …
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Last month, the Fed floated a June raise trial balloon. On May 16th, expectations for a June hike sat at a 4% probability. After the trial balloon they shot up to a 34% chance by May …
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