Betting gaint Paddy Power is predicting former Vice President Joe Biden will likely become the democratic nominee, as six more states hold primary voting. Paddy Power Head of PR Lee Price joins Yahoo Finance’s Zack Guzman and Kristin Myers, along with Former ‘Bachelorette’ Contestant & Business Consultant Jason Tartick, to discuss. …read more […]
The market can remain irrational a lot longer than investors can remain solvent.
That’s one of the primary rules of investing.
And when the market becomes unhinged – like it has recently – it’s easy to give in to panic. It’s easy to want to rush in and try to catch a falling knife.
During Monday’s session, circuit breakers were triggered on the Dow Jones Industrial Average, Nasdaq and S&P 500 in the premarket and open sessions.
It was the worst day for investors since August 2011. Crude oil prices tumbled more than 20% as Russia and Saudi Arabia engaged in a price war.
The …read more […]
BlackRock Inc said on Tuesday a New York employee was diagnosed with the coronavirus, and has been in self-quarantine and working from home since March 4.
For money managers, it’s bad enough watching the coronavirus wipe trillions of dollars off world markets’ value. Even worse is not knowing how bad the outbreak really is for the economy, company balance sheets, and in turn for their portfolios.
(Bloomberg) — Saudi Arabia is preparing to unleash so much oil on the world that its own fleet can’t handle it all.The kingdom’s National Shipping Co., also known as Bahri, has booked on a preliminary basis at least eight supertankers to load this month and next from Saudi Arabia’s main oil ports, according to people familiar with the matter, who asked not to be identified because the information isn’t public. The ships, each able to carry about 2 million barrels of oil, include Dalian, Agios Sostis and Hong Kong Spirit, they said. It’s not uncommon for preliminary bookings to fail.Saudi …read more […]
Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is “very open” to acquisitions that can help the bank fill gaps or help speed up growth of certain businesses.
(Bloomberg) — BlackRock Inc., the world’s biggest asset manager, said that an employee in New York City tested positive for coronavirus.The person worked at the firm’s 40 East 52nd Street office in Manhattan, near its headquarters, according to a statement. The individual had been in close contact with a confirmed case of Covid-19 and has self-quarantined and worked from home since March 4, BlackRock said, and has no symptoms. Colleagues in close contact with the person were asked to work from home for two weeks and the firm conducted a deep cleaning of the area.“We are working closely with local …read more […]
When the market drops and fears run rampant, it’s tempting to abandon ship.
But Nicholas Vardy recommends stocking your ETF portfolio with this toolkit, so you could actually profit from a bear market.
“You make most of your money in a bear market. You just don’t realize it at the time.”
– Shelby Cullom Davis, Investment Manager
This past weekend was a watershed moment.
I awoke on Monday morning to texts and emails from increasingly worried friends.
The greed of 2019 had morphed into the fear of 2020.
Signs were everywhere…
The CNN Fear and Greed Index – my favorite measure of market sentiment – tumbled into single …read more […]
Yahoo Finance’s Ines Ferre shares the latest market action from the floor of the New York Stock Exchange. …read more […]
To the annoyance of some shareholders, Regions Financial (NYSE:RF) shares are down a considerable 36% in the last… …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
More U.S. companies are moving their annual shareholder meetings online to help contain the spread of coronavirus, raising concerns among corporate democracy advocates about investors losing access to top executives and board directors.
Does Twilio Inc. (NYSE:TWLO) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […] …read more […]
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