As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
Technical analysis
Why the defense industry could be the most transformative market for startups
advertisement advertisement At a time when young companies struggle to find technology sectors not dominated by Silicon Valley’s giants , most startups remain oblivious to one of the largest markets in the world, the U.S. Defense Department. The military awarded $445 billion in contracts in 2020. By comparison, last year’s global market for software-as-a-service, one of the hottest sectors for startup creation and investment, was estimated at $104 billion . There’s a willing market here, too. The Pentagon is eager for help from the nation’s innovators. The military is clamoring for cutting-edge technologies in areas like artificial intelligence, machine learning, and autonomy. To attract interest the Defense Department is handing out unprecedented numbers of small contracts and in 2020 seeded 1,635 firms with more than $1.5 billion in early funding. Dozens of outreach programs across the military now offer quick revenue to early-stage companies. … [Read more...] about Why the defense industry could be the most transformative market for startups
Headwinds And Tailwinds Clash In Derailed New Mexico Hydrogen Bill
Share to Twitter Share to Linkedin Last month, House Bill 4, called the Hydrogen Hub Development Act, was voted down by the committee on House Energy, Environment and Natural Resources. There were various reasons for this. The bill would contain tax incentives to start a new industry that would be part of the transition to renewable energies but would link to the booming oil and gas industry. The oil and gas industry would provide the natural gas to produce the hydrogen, and then sequester or bury the carbon-dioxide (CO2) bi-product underground – a process called carbon capture and storage (CCS). Hydrogen generated in this way from methane is called blue hydrogen. Additionally, the bill is amongst the first in the United States to include specific incentives for the production of hydrogen from renewable natural gas, which can yield “carbon-negative” hydrogen. Such pathways do not implicate the oil and gas industry, but are a unique feature that … [Read more...] about Headwinds And Tailwinds Clash In Derailed New Mexico Hydrogen Bill