Business News
Zoom denies giving user information to Chinese government
Zoom Video Communications Inc said on Thursday it did not provide any user information or meeting content to the Chinese government.
Month: June 2020
Business News
Google sues Sonos, escalating wireless speaker battle amid trade panel probe
Google filed a lawsuit accusing home speaker maker Sonos Inc of infringing five of its patents, escalating tensions between the partners that have already led to a U.S. International Trade Commission probe.
Business News
Microsoft bans face-recognition sales to police as Big Tech reacts to protests
Microsoft Corp said on Thursday it would await federal regulation before selling facial recognition technology to police, making it the latest big firm to back away from the business following protests against law enforcement brutality and bias.
Trading Ideas
The Good, the Bad and the Ugly
Everyone has their strengths and weaknesses.
In my career, I have done well working in teams of people who I could build relationships with. But if I had been forced to work in a sales role, my family would have starved.
Small talk is not my strong suit.
Case in point, much to my horror, my wife recently invited another couple over for a visit on a Saturday night. Nice people, but for me not something to look forward to.
(Don’t worry, we stayed outside, so proper social distancing was in place the entire time.)
At one point, the conversation finally turned in my favor …read more […]
Trading Ideas
Stock market news live updates: Stock futures edge lower after market rout
Stocks slid following the Federal Reserve’s monetary policy decision, in which policymakers highlighted the ongoing economic concerns spurred by the coronavirus pandemic and measures taken to contain it. …read more […]
Trading Ideas
Why “FAANG” Is Out and “MAAN” Is In
What do vampires and the stock market have in common?
That’s easy…
They both have FAANGs!
In all seriousness, I’m sure by now you’ve heard of the five megacap tech stocks, also known as FAANG, that rule the Nasdaq: Facebook (Nasdaq: FB), Amazon (Nasdaq: AMZN), Apple (Nasdaq: AAPL), Netflix (Nasdaq: NFLX) and Google parent company Alphabet (Nasdaq: GOOGL).
When looking at gains since inception, you’ll find each of these companies has soared anywhere from hundreds to thousands of percentage points higher.
But year to date, only two have emerged as the clear winners amid the COVID-19 crisis…
Amazon and Netflix have proven to be the most …read more […]
Trading Ideas
More pain ahead likely after 'recipe for serious profit taking': Charles Schwab strategist
A ‘recipe for some serious profit-taking’ led to Thursday’s sudden market plunge — and more sell-off days are likely, says one strategist. …read more […]
Business News
Air Canada CEO urges Trudeau’s government to relax travel curbs: Bloomberg News
Air Canada Chief Executive Officer Calin Rovinescu on Thursday urged the Canadian government to relax travel restrictions as they have been hurting the company’s sales, Bloomberg News reported.
Business News
Wall Street’s ‘fear gauge’ jumps on fears of coronavirus resurgence
The Cboe Volatility Index , known as Wall Street’s “fear gauge,” jumped to its highest level in more than a month on Thursday as concerns over a resurgence of the novel coronavirus pandemic felled U.S. stocks.
Trading Ideas
Investor Presentations
Next Super Stock CytoDyn (OTC: CYDY) – June 2, 2020 Livestream
Next Super Stock – June 2, 2020 Livestream Wall Street Reporter’s NEXT SUPER STOCK livestream presentation June 2, 2020. CytoDyn (OTC: CYDY) CEO Dr. Nader Pourhassan, Ph.D. joined by CytoDyn’s medical advisor, Dr. Jacob Lalezari, […]
Investor Presentations
ImagineAR (OTC: IPNFF): AR, “Sports 2.0” & TikTok – NEXT SUPER STOCK Livestream 6/10/20
Next Super Stock – June 10, 2020 Livestream Wall Street Reporter’s NEXT SUPER STOCK ImagineAR (OTC: IPNFFF) (CSE: IP) livestream conference June 10, 2020. CEO Alen Paul Silverrstieen shares the latest news and […]
Business News
LATAM Airlines bondholders in talks to supply up to $1.5 billion loan, sources say
A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday.
Trading Ideas
Business News
Taco Bell parent Yum sues Grubhub for allegedly violating delivery deal
Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe’s Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.