France’s competition watchdog is set to fine iPhone maker Apple Inc next Monday over anti-competitive behaviour in its distribution and sales network, two sources close to the matter said on Thursday.
Brent crude slid 8% on Thursday after U.S. President Donald Trump restricted travel from Europe among measures to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.
The Fed announced a massive liquidity injection on Thursday in a move that could tee the central bank up for quantitative easing. …read more […]
American Airlines Group Inc’s flight attendants union said on Thursday it was bracing for an increase in flight cancellations after sweeping U.S. restrictions on travel from Europe.
Broadcom is expected to reveal its fourth-quarter report after the close tonight …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]
The worst thing you could do right now during this market correction is panic.
If you’re an experienced investor, you know that the markets will find their support. The free fall can’t last forever.
But if you’re a novice investor, let this be a learning experience.
We’re witnessing history.
Bloodbaths happen… but the market always recovers. Farther down the road, this will be a blip in the rearview mirror.
As our experts have been saying for weeks, a down market is an opportunity to go bargain hunting. To pick up shares of great companies at even greater discounts.
That said, there’s one imperative move you must …read more […]
Your smartphone is basically a rectangular petri dish. Here’s how to clean it to protect against bugs, including the coronavirus. …read more […]
The stock market’s plunge over the past month has been spectacular.
But, as Alexander Green explains, if you keep your head, there is a bright side for building wealth.
The stock market’s plunge over the past month has been pretty spectacular.
Bear markets generally take months to unfold. But what started as “The Coronavirus Correction” quickly turned into a market rout.
How much of this is due to hysteria rather than fundamentals?
Quite a bit, actually.
Don’t get me wrong. COVID-19 is a real threat. I have parents who are 89 and 90, so you can believe I’m monitoring this thing closely.
But notice that shares of …read more […]
Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an SEC filing http://bit.ly/2Qb9byt on Thursday showed.
A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything from stocks and corporate bonds to bitcoin, oil and gold — wiping trillions of dollars from investment portfolios and company valuations.
The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is expected to lead to an increase in layoffs as companies battle supply chain disruptions and sagging demand for some goods and services.
Virgin Galactic stock is seen by many investors as the next big thing. However, is it a good investment? This dream project may well be the next Tesla in the stock market. Can Sir Richard Branson replicate Elon Musk’s ability to make a visionary project profitable?
Virgin Galactic (NYSE: SPCE) is the spaceflight company within Virgin Group. Its mission is to “open space for everyone” with the world’s first commercial spaceline. That’s no easy task, but Branson has the resources to push further than anyone before him.
However, where is SPCE stock currently? And what can we expect in the future?
Virgin Galactic …read more […]
Austan Goolsbee, Former Chairman of the Council of Economic Advisers under President Barack Obama, joins Yahoo Finance’s On The Move to discuss the market reaction to the ongoing coronavirus outbreak and more. Goolsbee is also a Professor of Economics, Chicago Booth School of Business. …read more […]
Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its main markets by offering its own cheap barrels instead after their long-standing deal to support global oil prices fell apart, seven oil sources said. Market sources told Reuters that state-controlled Saudi Aramco is trying to replace Urals in refiners’ feedstock around the world, from Europe to India. …read more […]
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