PORTFOLIO MANAGEMENT
The Portfolio Management Division focuses on educating its members and readers about the world of trading and investments through a diverse stock portfolio. There are two goals that the members of this division will try to achieve. The first one will be to publish a short daily summary regarding both the general stock market, and the movements which occurred during trading hours that directly affected our portfolio value. Secondly, we will also focus on maximising portfolio growth, in order to then donate all profits to a charity designated by the Investment Club as a whole, fostering a collective commitment to social impact. To maximize our portfolio’s growth, we will combine both comparative and fundamental analysis. These analytical and logical tools will allow members of the division to envision both broader stock market trends and the financial health of the companies held within our portfolio.
Daily Articles:
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The FED’s upcoming meeting and GME comeback
During this week’s Fed Meeting, it’s very likely main interest rates will remain unchanged. But even if they don’t do anything, what these decision-makers talk about, or don’t talk about, can still affect the stock market. Currently, the Fed’s benchmark interest rate is at its highest since 2001, a result of 11 rate hikes since […]
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IBM GROWTH IN AI AND CLOUD SERVICES SECTORS CONTINUES, AS BOEING BENEFITS FROM LUFTHANSA EXPANSION PLANS AND ORACLE STARTS PROVIDING SERVICES TO A MAJOR US HOSPITAL
Dec 19th, 2023 – While experiencing a current negative trading trend (-0.45% at 12:30 EST), portfolio holding International Business Machines (IBM, 0.1693 units @ $151.04) announced the forthcoming acquisition of 2 major platforms, Software AG’s StreamSets and WebMethods, paying $2.3 billion cash. The decision taken by the tech giant will contribute to the increase of […]
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Meta’s resurgence: From struggle to soar in 2023
Dec 18th, 2023 – In 2022, Meta faced a crisis, with its stock at a six-year low, declining sales, and challenges from TikTok. However, 2023 marked a significant turnaround, with Meta shares surging by 178%, poised to become its best year on record. The change is thanks to the CEO Zuckerberg’s new strategies, including substantial […]
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Fed holds rates again, market surges and broadcom shines
Dec 17th, 2023 – In a resolute move, the Federal Reserve has maintained its interest rates for the third consecutive meeting, with Chairman Jerome Powell indicating that the benchmark rate is likely peaking for this tightening cycle. Presently, the rates stand at their highest since 2001, fluctuating between 5.25% and 5.50%. Powell anticipates a shift […]
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AI’s Impact on Employment: Evolving Work Dynamics and Human-Centered Approaches
Dec 16th, 2023 – Recent statistics suggest a surge in AI-driven layoffs, with 37% of surveyed businesses reporting AI replacing workers in 2023 and 44% projecting future job cuts due to AI efficiency in 2024. However, this article aims to explore beyond headline figures, acknowledging discrepancies in technological adoption among businesses and underscoring the transformative […]
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S&P 500 LOSES GROUND AND INTEL LAUNCHES A NEW GENERATIVE AI CHIP: GAUDI3
Dec 15th, 2023 – Friday’s indices performances: Nasdaq closed at 14813.92 (+0.35%), S&P 500 at 4719.19 (-0.007%) and Dow Jones at 37305.16 (+0.15%). Intel (46.16, +2.17%) unveiled its new computer chips on Thursday, including Gaudi3, a chip for Generative AI software. Intel will launch Gaudi3 next year and it will compete with NVIDIA’s and AMD’s […]
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Stocks rise as investors brace for peak season
Dec 14th, 2023 – The Dow Jones closed higher on Thursday at 54.23 with a growth of 0.43%. The S&P also grew, closing at 4,719.55 adding 0,26%, while the Nasdaq gained 0.19% to 14,761.56. GM’s stock (GM) jumped 5% after the announcement that Cruise is laying off 900 employees, about 24% of its workforce. The […]
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Indices jump on dovish statements from the Fed
Dec 13th, 2023 – On Wednesday, the Dow Jones increased by 1.4%, closing at 370,090.24. The S&P 500 increased by 1.37%, closing at 4,707.09. Also, the Nasdaq had an increase of 1.38%, closing at 14,733.96. All of them hit their 52-week highs. The Federal Reserve held the rates steady as expected. For the first time, […]
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Oracle’s negative results worry analysts, while Hasbro Job Cuts lead to a decrease in its stock price, whilst Google’s power is in danger
Dec 12th, 2023 – Today’s market performance of portfolio holding Oracle (ORCL) (0.4 units @111.10) was characterized by a huge sell-off, which caused a remarkable percentage decrease in the stock price of -12.44%. This was mainly due to the negative reaction investors had in regards to Oracle’s results for the second quarter of its current […]
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Macy’s shares surge after acquisition bid of $5.8 Billion
Dec 11th, 2023 – The real-estate investment firm “Arkhouse Management” and the asset manager “Brigade Capital Management” have jointly proposed a $5.8 billion acquisition of Macy’s; neither the two key investors nor Macy’s have publicly commented yet, the news comes from the Wall Street Journal, which reported it first. The offer, valuing Macy’s shares at […]
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AI regulations get approved, as Oracle gains traction
Dec 9th, 2023 – EU Approves Regulations for Artificial Intelligence The European Union recently agreed on comprehensive regulations to oversee the realm of artificial intelligence (AI).During the discussions among key EU institutions, considerable focus was placed on technologies like ChatGPT, and the use of biometric identification tools such as facial recognition and fingerprint scanning. Differing […]
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A positive Friday on Wall Street while the CMA keeps an eyes on Microsoft and OpenAI
Dec 8th, 2023 – Friday’s indices performances: Nasdaq closed at 14403.97 (+0.45%), S&P 500 at 4604.37 (+0.41%) and Dow Jones at 36247.87 (+0,36%). The UK’s Competition and Markets Authority (CMA) is reviewing the multi-billion partnership between Microsoft and OpenAI, examining if it constitutes a merger situation and potential control acquisition. Following this partnership, Microsoft has […]
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Stocks end losing streak, with AI giants reaping rewards from new products
Stocks grew this Thursday, allowing the Dow Jones and S&P 500 to break three-day losing streaks. The Dow Jones closed at 36.117,38 (+0,17%), the S&P 500 closed at the height of 4.585,89 (+0,80%) and, lastly, Nasdaq grew the most, closing at 14.339,99 (+1,37%). Alphabet (GOOG) (0.8 units @ 133.93) shares jumped 5%, following the announcement […]
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Decline continues, as Google and Nvidia make announcements
On Wednesday, the Dow Jones decreased by 70.13 points, marking a 0.19% decline, ending the day at 36,054.43. The S&P 500 experienced a 0.39% decline, closing at 4,549.34, and the Nasdaq Composite fell by 0.58% to 14,146.71. Job openings decreased by 6.6% to 8.7 million in October, below the estimated 9.4 million, marking the lowest […]
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Nio benefits from its earnings reporting, while Moody’s downgrades China and Eli Lilly innovative drug hits weight loss markets.
Nio Inc. (NIO) seized the attention of market operators worldwide after today release of its Q3 earnings reporting. The main feature of the document was a remarkable decrease in losses per share, dropping from 0.52$ in the second quarter to 0.37$ at the current exchange rate between CNY and USD. Also, Q3 LPS were lower […]
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Stocks of Spotify and Uber jumped after weekend news played out today
Today, Spotify (SPOT) announced a 17% cut to their workforce. The CEO, Daniel Ek, sent an email to its staff, explaining the reasoning for his move: the company wanted to significantly reduce its team size as a “hard but crucial step towards forging a stronger, more efficient Spotify for the future”. Indeed, he said that […]
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Paramount and Apple: Potential Collaboration, Google Targets Microsoft, and Robinhood Debuts in the UK
Dec 3rd, 2023 – The stock of Paramount Global (PARA) experienced a 9% increase, while Apple (AAPL) (0.6 units @ 183.96) shares rose by 0.7% after reports emerged of discussions between the two companies regarding a potential collaboration in bundling their streaming services. The Wall Street Journal revealed that the talks involve creating a combined […]
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Powell’s Remarks on Interest Rates and Pfizer weight loss pill flop
Jerome Powell, Chairman of the Federal Reserve, recently discussed the topic of interest rates and inflation, cautioning against premature aggressive rate cuts. He suggested keeping policy restrictive until there’s certainty that inflation is on a clear path back to the 2% target set by the Federal Open Market Committee (FOMC). Even though current policy remains […]
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Dow Jones and S&P 500 reach a New – Year high, as Tesla struggles with the Cybertruck
Dec 1st, 2023 – It was a very positive Friday for the US indices, as the Dow Jones (36245.50, +0.82%) and the S&P 500 (4594.63, +0.59%) both reached their highest value of the year. Nasdaq went also really close to its year-highest closing at 14305.03, with a 0.55% gain. Alibaba shares lost more than 1% […]
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Dow rises, as Salesforce tops estimates
Nov 30th, 2023 – Thursday was a good day for the markets, with the S&P growing 0.38%, NASDAQ by 0.25% and Dow Jones by 1.47%. European markets closed higher this Thursday rounding off the month as investors assessed inflation data in the Eurozone, suggesting pressure from rising prices is easing. The regional Stoxx 600 closed […]
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As markets fall, we’re hit with less hawkish statement from Fed governor
Nov 29th, 2023 – On Wednesday, markets closed the day with a decrease in the S&P500 and Nasdaq by 0.09% and 0.16% whereas Dow Jones closed near flat with an increase of 0.04%. Fed Governor Christopher Waller, who is known as a hawkish figure expressed his confidence in the current policy’s ability to bring back […]
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BFF bank performance impresses analysts as Leonardo develops its helicopter business worldwide and Amazon and Toyota efforts aren’t rewarded.
Nov 28th, 2023 – Today marked a very important moment in Bff Bank’s (BFF) history, as its stock price rose to the highest level ever since the Italian company went public in 2017. In fact, BBF closed at 10.43€ today, with a daily percentage increase of 5.14%. Also, Mediobanca’s research confirmed the outperform rating of […]
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Tesla sues Sweden: The potential impact at the European Level
Nov 27th, 2023 – Tesla has filed a lawsuit against the Swedish Transport Agency after postal workers of the country stopped delivering license plates connected to the U.S. carmaker: the company claims that such negligent behavior constitutes an “illegal and discriminatory attack”. However, the legal action filed on the 27th of November, is part of […]
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Apple’s Singles Day, Deere’s Guidance, and Coinbase’s Bitcoin Surge
Nov 26th, 2023 – Portfolio holding Apple (AAPL)(0.6 units @ 183.96) shares dropped by 1% Friday, as iPhone sales during China’s 2023 Singles Day fell 4% from the previous year. Singles’ Day is a major global online shopping event, comparable to Black Friday and Cyber Monday in the U.S. Apple trailed behind local competitors Huawei […]
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Expected shift in investment strategies for 2024
Nov 25th, 2023 – Ahead of the coming year, a possible shift in investment strategies has been discussed, particularly in relation to fixed income products like bond funds and cash. Despite investors favoring these options due to higher interest rates and sticky inflation, experts suggest reconsidering these allocation strategies, in anticipation of potential changes in […]
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SP rises $2.72 locking in 4 weeks straight of gain, as Nvidia delays H20 chip to 2024
Nov 24th, 2023 – Today’s indices performances: Nasdaq closed at 14,250.85 (-0.11%), S&P 500 at 4,559.34 (+0.06%) and Dow Jones at 35,390.15 (+0,33%). Portfolio holding Nvidia (NVDA) (0.215 units @ $462.20) shares fell 1.93% today after international news organization Reuters reported that they will delay to Q1 2024 the launch of their new AI chip […]
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Comapnies lower expectations as negative macro data is unveiled
Nov 23rd, 2023 – Today the New York Stock Exchange is closed, as it is Thanksgiving Optimism towards Black Friday, happening this week, is decreasing as retailers cast doubt on holiday spending. Many companies reduced their outlooks or forecast after dynamics of a slowdown in spending came to light. There’s a widespread sense of uncertainty […]
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Yield rates continue falling, as Investors grow optimistic about Fed being done rising rates
Nov 22nd, 2023 – On Wednesday, Dow Jones gained 0.53%. The S&P 500 climbed 0.41%. Nasdaq composite increased by 0.46%. Yield rates fell to the lowest level since September! On Wednesday morning, the yield on the 10-year Treasury dropped to 4.369%. Later on, it bounced back and was last trading at 4.433%. The investors remained […]
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Portfolio holding rises following newly signed contract
Nov 21st, 2023 – One of the main news related to the US defense sector today is the 27 million dollars contract, signed by the joint venture Bell-Boeing (TXT/BA), according to which the two companies will provide platform engineering assistance during the development of the V-22 aircraft in Texas and Pennsylvania. Thanks to this important […]
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The upheaval at OpenAI and Mastercard’s effort against Cryptocurrency fraud
Nov 20th, 2023 – The world of artificial intelligence looks very different today, indeed, after the extraordinary upheaval at OpenAI of the weekend, Microsoft (MSFT), the OpenAI’s biggest investor, announced on Sunday night that it would have hired Mr. Altman, the former CEO of the AI giant, to run a new advanced research lab. Microsoft […]
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Sam Altman’s possible return, Inflation Concerns, and AI Advancements.
Nov 19th, 2023 – Sam Altman this morning unexpectedly published on twitter: “I am so back.” Hinting at a possible return, following the news that a day after OpenAI’s board of directors fired him, in a shock development, Investors in OpenAI are considering a countercoup to reinstate the former CEO. Venture capital firms, in collaboration […]
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Transparency troubles at OpenAI lead to Sam Altman’s exit as CEO
Nov 18th, 2023 – OpenAI’s CEO Sam Altman will step down and be temporarily replaced by Mira Murati due to concerns about his lack of transparency with the board, which has expressed a loss of confidence in his leadership. With the acknowledgment of the change Greg Brockman resigned as chairman but confirmed his role in […]
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UAW finish deal with GM to end strike
Nov 17th, 2023 – It was a positive day for the US stock market: Nasdaq closed at 15837.99 (+0,03%), S&P 500 at 4514,02 (+0,13%) and Dow Jones at 34947,28 (+0,0052%). One of the biggest news today is that union workers at General Motors (GM) have agreed to the deal proposed by the United Auto Workers […]
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General tumble after few good days
Nov 16th, 2023 – Many stocks fell today after prospects of sales didn’t meet expectations, however some grew after good quarters results, with the S&P closing at 4.508,24 points (+0,12%), the NASDAQ at 14.113,67 (+0,07%) and lastly Dow Jones a decreasing at 39.945,47 (-0,13%). Portfolio holding Palo Alto Networks (PANW) (0.2 units @ $245.03) dropped […]
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Stocks rise Wednesday, as Wall Street looks to D.C.
Nov 15th, 2023 – Stocks started with an increase to Wednesday, S&P 500 with 0.3%, Nasdaq with 0.2%, and Dow Jones with 0.6%. The day following a favorable consumer price index report, which increased investor’s expectations on FED being done, raising rates were supported by Today’s data on the producer price index, which showed a decrease of 0.5% in October, contrasting with the expected 0.1% increase. Of the […]
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US inflation decreases, as AirBnb overcomes its worst period so far and Italian stock market soars
Nov 14th, 2023 – Today, among the top-performing companies on FTSE MIB there was Diasorin, one of the main Italian corporations that operate in the biotechnological sector. In fact, stock price closed at 91€, with an increase of 6.88% from the starting level after a relevant news regarding its management was released to the public: […]
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Portfolio Holdings move following announcements
Nov 13th, 2023 – Stocks moved lower at the beginning of the day, following a US outlook downgrade by Moody’s, from stable to negative (Mercado). The broad market index (S&P 500) slipped 0.08%, the Nasdaq also ended the day 0.22% lower, however the Dow Jones rose 0.16%. Portfolio holding Nvidia (NVDA) (0.215 units @ $467.57) […]
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New agreements and new results in the market meanwhile the Israel-Hamas conflict doesn’t
Nov 12th, 2023 – Oracle (ORCL,0.4 units) and Microsoft (MSFT) have entered into a multi-year agreement to enhance artificialintelligence (AI) services. Microsoft is leveraging Oracle Cloud Infrastructure (OCI) alongside Microsoft Azureinfrastructure for AI model inference, powering Bing’s everyday conversational searches.. This collaborationenables Oracle to empower new global experiences, improving access and speed for Bing’s search […]
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The obesity drug market and the Fed’s perspective on inflation
Nov 11th, 2023 – This week AstraZeneca has entered into the obesity drug market by acquiring ECC5004, an experimental weight-loss pill, sparking competition with Eli Lilly and Novo Nordisk. Although AstraZeneca’s move initially impacted Eli Lilly’s stock negatively, the company maintains a first- mover advantage with a more sophisticated obesity pill in development. The GLP-1 […]
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Nvidia rises again after solution to China restrictions is found.
Nov 10th, 2023 – Groupon shares tumbled 39.5%, a day after the company posted their third-quarter results that were not matching with analysts’ expectations. The company’s CEO also admitted that the business continues to be challenged, but he also added that he is pleased that there is an improvement in the financial performance of Groupon. […]
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Shares rise as yields stabilise
Nov 9th, 2023 – Shares rose again today, following a stabilization in Treasury Yields. The Dow Jones climbed 1.15%, the S&P 500 instead climbed 1.56%. The tech heavy NASDAQ however added 2.05%, giving it its best day since May. Groupon shares tumbled 34.82%, a day after the company posted their third-quarter results, which didn’t match […]