Music streamer Spotify Technology (SPOT) isn’t a cheap stock. But it might not be considered overvalued either, despite its earnings having been rather “spotty” (pardon the pun) and dipping into negative territory before last October. Spotify’s performance has been remarkable over the past 16 months, with a consistent upward trajectory…
Any tourist wandering through the glitzy lobby of Singapore’s Shangri-La Hotel this weekend would have stumbled on a rather bizarre scene. Military officers from around the world thronged the halls of the luxury hotel, their shoulders dripping with gold braids and epaulets, complicated colored bars lined up on the chests…
Ukrainian forces claimed Monday that they had successfully hit a Russian S-300 missile system using Western-supplied weapons inside Russian territory. “It burns beautifully. It’s a Russian S-300. On Russian territory. The first days after permission to use Western weapons on enemy territory,” Ukrainian government minister Iryna Vereshchuk posted on Facebook alongside…
China’s Chang’e-6 lunar probe departed from the far side of the moon on Tuesday, moving a step closer to completing an ambitious mission that underlines the country’s rise as a space superpower. In a symbolic moment before takeoff, China also reportedly became the first country to display its national flag on…
Israeli Prime Minister Benjamin Netanyahu may soon be forced to choose: Agree to a ceasefire deal with Hamas or keep his government in power. But as he confronts that choice, Netanyahu is also looking for a way to avoid it altogether. For months, Netanyahu has gingerly balanced these competing imperatives…
The Israel Defense Forces says its representatives have informed the families of four hostages being held in Gaza “that they are no longer alive.” The IDF said it had told the families of Chaim Peri, Yoram Metzger, Amiram Cooper, and Nadav Popplewell “who were brutally abducted to the Gaza Strip…
India’s Prime Minister Narendra Modi is on his way to meditate inside an island shrine for two days to cap weeks of election campaigning – his latest public display of religiosity days after proclaiming he was sent by god. India’s election is the world’s largest, a mammoth exercise in democracy…
A nationwide strike in Nigeria brought air travel to a standstill and plunged the country into darkness on Monday as union workers stormed the national grid and shut down the nation’s power supply, according to the Transmission Company of Nigeria (TCN). Tens of millions are without power and flights have…
In this video from StockCharts TV, Julius uses the S&P 500 Sector Indexes to assess the long term price trends on the completed monthly charts for May, then discusses the long-term relative trends on a monthly RRG. Julius highlights the continued relative strength for Technology, Communication Services and Financials. This…
America’s largest home improvement store, Home Depot, Inc. (HD), has benefited from a long period of investor interest and traded at a premium valuation for several years. However, the recent environment of slowing consumer spending and higher interest rates has finally caught up with HD; the risks are to the…