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Apple could be close to a $2T company in 2020: Munster

Apple’s stock has been soaring over the past 12 months. According to analyst Gene Munster, Apple could be a $2 trillion company in 2020. Constellation Research Principal Analyst Ray Wang joins Yahoo Finance’s Zack Guzman, Emily McCormick and CapitalistBook.com author Nathan Latka to discuss. …read more […]

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New Wells Fargo CEO brings Wall Street swagger to storied bank

John Stumpf, who ran the San Francisco-based bank from 2007 to 2016, spoke publicly about being raised on a Minnesota farm with 10 siblings, and once recounted his own experience being upside down on a mortgage during the foreclosure crisis in 2010. Some compared him to his one-time mentor, JPMorgan CEO Jamie Dimon, who is known to speak his mind. …read more […]

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Cannabis merger and acquisition deals crumble

One of the major drags on U.S. pot stocks has been the lack of merger and acquisition (M&A) approvals.
This weighed on shares in 2019.
Over the past couple of years, cannabis companies raced to corner the market and secure growth at all costs.
We cheered as deal after deal after deal was announced. The money seemed to flow like water as record price tags were paid.
But the party came to a glass-shattering stop. And the proposed deals got sucked into the black hole of the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.
As the HSR delays dragged out, pot stocks tanked and M&A deals started …read more […]