Month: June 2020

No Picture
Trading Ideas

The Logic Behind GrubHub Acquisition? This Analyst Is Struggling to Find Some

June 12, 2020 admin Comments Off on The Logic Behind GrubHub Acquisition? This Analyst Is Struggling to Find Some

GrubHub (GRUB) has sent Uber on its way, as it will sign on the dotted line with European company Just Eat Takeaway.Yesterday, the Nethe rlands-based food-delivery company announced that it had made an agreement with Grubhub to purchase the US food delivery app. The all share deal is worth $7.3 billion and not only represents consolidation of a food delivery powerhouse – the largest food delivery service outside China – but a coup for Just Eat, as up until yesterday, Uber Eats and GrubHub had been in talks regarding a possible merger.According to Just Eat, the deal will …read more […]

No Picture
Trading Ideas

There Won’t Be A Second Wave

June 12, 2020 admin Comments Off on There Won’t Be A Second Wave

I predicted the arrival of the coronavirus pandemic pretty accurately (see the predictions in this article). We took a defensive stance in our portfolio at the end of February, and switched back to a neutral stance right after the market bottom. For the past couple of months, we have been expecting easing of restrictions and […] …read more […]

No Picture
Trading Ideas

The Fed soaked markets with too much liquidity: Thornburg Portfolio Manager

June 12, 2020 admin Comments Off on The Fed soaked markets with too much liquidity: Thornburg Portfolio Manager

The Federal Reserve decided to keep rates near zero and is planning to keep them that way through 2022. However the Fed could decide to utilize the ability to set rates below zero despite it spelling trouble for the U.S. Portfolio Manager and Managing Director at Thornburg Investment Management Bimal Shah joins The Final Round panel to discuss. 

…read more […]

No Picture
Trading Ideas

Wedbush raises Microsoft bull case to $275 on cloud momentum

June 12, 2020 admin Comments Off on Wedbush raises Microsoft bull case to $275 on cloud momentum

As a result of many accelerated shift to cloud due to many people working from home, Wedbush analyst Dan Ives raised the bull case on shares of Microsoft to $275, saying the boost reflects “increased confidence in the transformational cloud story in Redmond.” Azure’s cloud momentum has been so swift, in fact, that it’s “narrowing the gap” with rival Amazon’s AWS. The Final Round panel discusses. …read more […]