A daily stock analysis based on stock market today
  • Daily Roll
  • YouTube
  • Podcast
  • Investor Hubs
    • Starter Investors Hub
    • Dividend Seekers Hub
    • The Risk Hub
    • COVID-19 Investing Hub
  • Sign Up

Stock Card Blog

On our blog, we share actionable and quick  stock market research by our team and some of the best thinkers and stock market investors that collaborate with us.

​Understand why stocks move, get new stock ideas and stay away from the market's noise, for free.
Subscribe to Stock Card for More
Picture

Who's winning, and who's losing today?

10/28/2019

 
​Microsoft wins a big contract; iRobot suffers from the trade war.

WHO'S WINNING?

Microsoft recently announced a major victory in securing a milestone - a $10 billion Pentagon contract for cloud computing services. This contract is a massive opportunity for the company to ensure future growth. Microsoft beat Amazon.com in this bidding war, by securing it for its Azure business segment. Amazon.com still has a chance to fight back and win the contract, however. For Microsoft, this can be the start of gaining several such contracts. Thus, gaining the momentum in growing its cloud business ahead of its counterpart. Following this news, the stock price, deservedly so, jumped to an all-time high.

WHO'S LOSING?

iRobot has been going through a rough patch for the past few months. The company's stock price has declined by over 60% since mid-summer. Initially, the stock price decline was due to increasing manufacturing costs in China, following the new round of tariffs on Chinese imports. The company is contemplating the option of diversifying its manufacturing activities outside of China to reduce costs. However, back in July, it increased its product prices to pass on a portion of tariffs to the customers. Across the board, investors didn't approve of the strategy and sent the stock price down from its all-time high of $132 to mid-$70 per share. Fast forward to October, and the price decline hasn't stopped despite the management's announcement of abandoning its strategy of passing on some U.S. tariff costs to U.S. consumers.  Since the decision to reverted its prices to pre-tariff levels, demand in the U.S. has improved. Until the trade problems between the U.S. and China get resolved, iRobot will continue to face such production cost and demand challenges.

Disclaimer: Hey folks, this is Shama, and I own shares of Microsoft.
Picture

Comments are closed.

    RSS Feed


    Archives

    February 2022
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    February 2021
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    January 2020
    October 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All
    Battle
    Education
    ETF Investing
    How To Invest
    New Podcast Episode
    New Portfolio
    Portfolio Update
    Starter 2020
    Stock Card VIP Pick
    Stock Lists
    The Daily Hype
    Update
    Watchlist Worthy
    Winners And Losers

© 2017 StockCard.io. All Rights Reserved.
​​
Disclaimer: StockCard.io is not, neither operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on StockCard.io and Stock Card Weekly represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The Stock Card team may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall StockCard.io be liable to any subscriber, visitor, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on StockCard.io, or relating to the use of, or inability to use, StockCard.io or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
  • Daily Roll
  • YouTube
  • Podcast
  • Investor Hubs
    • Starter Investors Hub
    • Dividend Seekers Hub
    • The Risk Hub
    • COVID-19 Investing Hub
  • Sign Up