Month: July 2020

(Bloomberg) — The U.S. Supreme Court agreed to decide whether investors can challenge the 2012 agreements that let the federal government collect hundreds of billions of dollars of Fannie Mae and Freddie Mac’s profits.The justices said they will hear an appeal by President Donald Trump’s administration of a ruling that would force the government to defend against a shareholder lawsuit. The investors say the agreements exceed the authority of the Federal Housing Finance Agency, which regulates the two mortgage giants.Fannie jumped 9% to $2.29 in New York trading as of 2:23 pm. Freddie also rose 9% to $2.28. A ruling …read more […]

Cities are an essential part of modern life. They now account for 23% of the world’s population.
But it takes more than a large population for a city to become a thriving and influential metropolis. Nicholas Vardy explains how U.S. cities stack up against the competition.

Americans love rankings.
Whether it’s the Forbes 400 ranking of the world’s wealthiest people… the best colleges and universities… or the number of medals won at the latest Olympics, Americans love to know who comes out on top.

Click here to watch Nicholas Vardy’s latest video update.
So how do American cities stack up against their global rivals?
For all …read more […]

(Bloomberg) — Boeing Co.’s new 777X jet is likely to miss its planned debut next year, according to the aircraft’s top customer Emirates, which doesn’t expect to receive any planes before 2022.Deliveries of the wide-body jet, which first flew in January, will probably be held up by Boeing’s shutdown at the height of the coronavirus pandemic, together with a lengthy certification process, Adel Al Redha, the Gulf carrier’s chief operating officer, said Thursday in an interview.Emirates is also considering whether to seek a swap of some of the 115 777Xs it has on order — representing more than a third …read more […]

Apple Inc. (AAPL) is quietly developing its own graphics processing units (GPU) for its Mac-line which could have a future impact on its relationship with third-party graphics card-maker, AMD (AMD).According to an Apple Insider report on July 8, the tech giant is providing app developers on its developer website with a support document that says its newly announced ARM chips will support Apple’s own graphics processing unit (GPU) also known as a graphics card.One of Apple’s main announcements at Apple’s 2020 World Wide Developer Conference (WWDC) was its departure from Intel’s (INTC) chips in its upcoming Mac-line starting in late …read more […]

The nature of investing is that you win some, and you lose some. And there’s no doubt that Spirit AeroSystems… …read more […]

This market veteran offers a grim assessment on markets if Joe Biden’s tax plan goes through should he win the presidency. …read more […]

You are an astute investor, you do your homework, and you identify a company whose product will be in demand. You are so confident about it that you take the money you are saving for a new set of golf clubs, and use it to buy the company’s stock. You are now eagerly awaiting the results.The company reports earnings and you are right – demand for its product is skyrocketing. However, unbelievably, the stock is down and you actually lost money. There is nothing more frustrating than being right and losing money. What happened?In today’s market, there are many factors …read more […]

The U.S. saw yet another day of record coronavirus casualties on Thursday, led mostly by a relentless surge in the stricken Sun Belt region. …read more […]

The crazy Hertz-trading has calmed down and the stock, while volatile, has flattened out just above a dollar. The company is still bankrupt, but here’s what we learned about what happened with the benefit of a little hindsight. …read more […]

If you are looking for the best ideas for your portfolio you may want to consider some of Greenhaven Road Capital’s top stock picks. Greenhaven Road Capital, an investment management firm, is bullish on KKR & Co. Inc. (NYSE:KKR) stock. In its Q4 2019 investor letter – you can download a copy here – the […] …read more […]

Supreme Court Justices just issued an order for President Trump to turn over his tax returns. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Rick Newman break down the details. …read more […]

Shares of Nikola are up on Thursday after Founder and CEO Trevor Milton shared an inside look at the new truck. Greg Migliore, Autoblog Editor-In-Chief, joins Yahoo Finance’s The First Trade to discuss the competition in the electric car market. …read more […]

GeoVax Chairman & CEO David Dodd joins the On the Move panel to discuss the latest in the race for a COVID-19 vaccine.
…read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]