Attorney Michael Avenatti, who attempted to extort up to $25 million from Nike, has been found guilty on three criminal counts by a federal jury. Yahoo Finance’s Sean Smith breaks down the details on The Ticker. …read more […]
Let’s not beat about the bush. In a world gripped by uncertainty, one truth will always remain; investors want to know the best places to put their money. The tricky part is sifting through the thousands of stocks on offer in search of the golden tickets – the names which can maximize an investment over the long term.While there are numerous ways of going about it, a tried and tested path is to follow the lead of the experts. After all, the pros and the casual investor have the same goal in their sights – hefty returns.Bearing this in mind, …read more […]
Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment.
Activist investor sells out of Sothebys and Paypal, buys IAA Continue reading… …read more […]
Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours, a day after the iPhone maker said a few retail stores in Beijing would start functioning from Feb. 14.
When I evaluate startup investment opportunities, I usually don’t pay too much attention to what industry the startup is in. Great startups can come from any industry. So the first thing I look at is traction. Traction usually means there’s some revenue coming in. But in some cases, it can mean other things.
When evaluating social media companies, for example, there usually isn’t much revenue at first. Most social media startups focus on getting as many users as possible during their early years. In cases like these, it’s important to look at active users, rather than total users.
My point is, the …read more […]
(Bloomberg) — Roku Inc. shares fell on Friday, erasing an initial rally that came in the wake of its better-than-expected fourth-quarter results.Analysts were broadly positive on the quarter, the latest to show strong momentum at the video-streaming platform as consumers cut the cord on traditional cable services and move toward services like Netflix or Disney+However, the adjusted loss per share beat expectations by a smaller degree than is typical for the company. In addition, some firms expressed concern over the stock’s valuation following a recent surge, and said the Ebitda guidance looked light.Shares fell 7.8% after earlier spiking as much …read more […]
United Airlines Holdings Inc said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happen until at least April.
One of our favorite stocks came into range last week…
War Room members have played MoneyGram (Nasdaq: MGI) before and made money doing it.
This time I recommended a special strategy that has the potential to bring members even more profits in the days and weeks ahead.
Most of our recommendations in The War Room are options trades. But in this case, I recommended a stock play because the options prices were just too expensive.
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A note to the wise…
When you are dealing with penny stocks, it’s usually best to buy the shares since they don’t expire!
The first time MoneyGram came to my attention …read more […]
The S&P 500 and the Nasdaq edged lower on Friday as concerns about an economic hit from the coronavirus outbreak outweighed a boost from Nvidia shares after the chipmaker’s upbeat outlook.
Yahoo Finance is maintaining a working list companies that have been affected by the outbreak, and are expected to feel the effects through the first half of the year. …read more […]
Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to a document seen by Reuters.
Google on Friday attacked what it called an eye-catching 2.4 billion euro ($2.6 billion) EU antitrust fine, prompting a judge to ask how a rich company can miss a relatively paltry amount.
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters.
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