RingCentral, Inc. (NYSE:RNG) Q1 2020 Earnings Conference Call Summary Highlights Vladimir Shmunis, CEO: “…Now on to Q1 we delivered a strong first quarter with continued strength in mid-market enterprise […]
Peloton Interactive, Inc. (NASDAQ: PTON) Q3 2020 Earnings Conference Call Summary Highlights CEO John Foley: As you might imagine however, the shelter-in-place and work from home realities have […]
United’s reservations for travel within the coming month quickly began to slide after New York, New Jersey and Connecticut said last month they would require people arriving from hot-spot states to quarantine for 14 days, the report said. The slump was most pronounced at United’s Newark hub, where near-term net bookings were just about 16% of year-ago levels as of July 1, the Journal said. Earlier this month, United said it was adding nearly 25,000 domestic and international flights in August, tripling the number it flew in June, while standing ready to shift plans if recent spikes in …read more […]
Shares in Novavax (NVAX) are currently jumping 42% in pre-market trading after the biotech company said that it has been granted $1.6 billion by the U.S. government to fund the development of a potential coronavirus vaccine.The stock is soaring to $116.53 in Tuesday’s pre-market trading as Novavax announced that it has been selected to participate in Operation Warp Speed (OWS), a U.S. government program that seeks to begin supplying millions of doses of a safe, effective vaccine for COVID-19 in 2021. As part of the program, Novavax has been awarded with the funding to complete its late-stage clinical development, including …read more […]
American Airlines is telling the U.S. Department of Transportation your pet dog cannot apply for a credit card. Nor can you apply for a credit card using other fraudulent means. Lawyers for the airline made that clear this week in a 53-page document alleging some loyalty program members recently took part in an “elaborate scheme […] …read more […]
Stock futures fell Tuesday morning, with the S&P 500 poised to snap a five-day winning streak as investors considered prospects of a drawn-out economic recovery alongside an ongoing rise in virus cases. …read more […]
Microsoft Corp. (MSFT) is reportedly interested in buying the gaming unit of Warner Bros-owned AT&T Inc. (T) to ramp up the game-making capabilites of its Xbox devices.The Information reported on Monday, citing two people familiar with the matter, that AT&T hasn’t yet decided whether to sell the Interactive Entertainment gaming division that owns popular videogame “Mortal Kombat”.The interest comes as Microsoft is poised to announce a new lower-tier Xbox to accompany its upcoming console release of the Xbox Series X this fall.Reported on June 26, by The Verge, a leaked Microsoft document revealed plans for a lesser-powered next-gen Xbox console …read more […]
Many people contact me to pick up their banner… their cause.
I’m glad they do because it keeps me abreast of the varied ideas people have for cultural policy.
Note that I purposely did not say public policy because that sounds political.
When I think of policy, I think of society choosing – voluntarily – to do something different.
For example, right now the number of people gardening is probably the highest it’s been since the 1940s.
Everywhere folks are putting in some veggies, planting a fruit tree and buying berry plants.
No government agency encouraged it. The IRS did not incentivize it. I can’t even …read more […]
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]
Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand. Brent crude futures declined by 44 cents, or 1.02%, to $42.66, by 0935 GMT, after hitting a high of $43.19. U.S. West Texas Intermediate (WTI) crude futures fell 53 cents, or 1.3%, to $40.10 a barrel, after a high of $40.79. …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 […]
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]
The latest 13F reporting period has come and gone, and 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 filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. Now, we are […] …read more […]
Top news and what to watch in the markets on Tuesday, July 7, 2020. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
