Month: July 2020

(Bloomberg) — OPEC+ is seeking extra production cuts from members that haven’t missed their targets again in June, potentially tempering the impact of the supply resumption planned by the wider coalition next month.A technical committee that met online on Tuesday outlined plans for countries including Iraq, Nigeria and Kazakhstan to make an additional 842,000 barrels a day of compensatory cuts in August and September, according to delegates.The proposal will be discussed on Wednesday by a ministerial monitoring committee led by Saudi Arabia and Russia, the delegates said, asking not to be named because the information isn’t public. They’re expected to …read more […]

It may sound really, really strange…
But in today’s newest Trade Talk Tuesdays video, I tell you why I’m now calling this unique “vending machine” company the “next Whole Foods.”
Once you see my logic, you’ll understand the connection…
And you’ll also see the enormous profit opportunity.
Check it out by clicking the link below!

For full instructions on how to play picks like this, join me in The War Room today!
The post This “Vending Machine” Company Is the Next Whole Foods appeared first on Investment U. …read more […]

Shares of the vaccine maker Moderna (MRNA) are up by double digits in after-hours session Tuesday, thanks to a positive clinical update for its experimental coronavirus vaccine mRNA-1273. “Phase 1 data demonstrate that vaccination with mRNA-1273 elicits a robust immune response across all dose levels and clearly support the choice of 100 µg in a prime and boost regimen as the optimal dose for the Phase 3 study,” said Tal Zaks, Chief Medical Officer of Moderna.Following Moderna’s massive gains so far this year, 333% to be exact, is now the right time to recommend investors snap up shares? Jefferies analyst …read more […]

After sitting back and doing nothing through the March stock market crash, Warren Buffett has finally bought something…
And it’s BIG!
Buffett watchers have been dying to see which beaten-down sector he would swoop into to lock down an epic bargain.
In 2008, Buffett made billions for his Berkshire Hathaway (NYSE: BRK-A) shareholders.
At the depths of the financial crisis, he made brilliant investments in companies like Bank of America (NYSE: BAC), Goldman Sachs (NYSE: GS) and General Electric (NYSE: GE) at incredible terms for Berkshire.
So where did Buffett unload some of Berkshire’s $137 billion war chest this time?
Pipelines – more specifically, natural gas …read more […]

Stock futures opened higher Tuesday evening after newly published data from Moderna fueled hopes that a vaccine providing protection against Covid-19 would be developed in the relative near-term. …read more […]

Secretary Ben Carson joined Yahoo Finance’s Sibile Marcellus and responded to Bank of America’s statement regarding the Housing and Urban Development’s disparate impact rule. …read more […]

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Moderna is set to begin a late-stage vaccine trial in late July. This comes as, Dr. Redfield, director of the CDC, said that the surge of cases in the south of the U.S. might have been caused by Northerners who traveled to the southern states for vacation around Memorial Day. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

Stocks extended gains Tuesday afternoon as investors digested an early batch of corporate earnings results. While Wells Fargo and Delta reported quarterly results that missed street expectations, JPMorgan Chase kicked off earnings season on a high note. The Nasdaq trailed the S&P 500 and Dow due to a tech-led rally from the past couple weeks losing steam. …read more […]

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Investment U has been helping millions of subscribers grow their wealth for over two decades…and we want to help you too! If you’re interested in increasing your wealth, here are 17 wealth building strategies you can start using today.

17 Wealth Building Strategies
1. Practical Optimism
“Optimism is the faith that leads to achievement. Nothing can be done with hope and confidence.” – Helen Keller
One of the most important wealth building strategies is optimism. Waking up each day and saying, “Today is going to be a great day”. No matter how gloomy your financial situation may currently look, you can turn it around. …read more […]

On Wall Street, some things never change. Public health crisis or not, the fact of the matter remains that healthcare stocks are the epitome of risk/reward plays. Why? It comes down to the nature of the industry itself. Healthcare companies are unique in that their financial performances aren’t necessarily the most important piece of the puzzle. Rather, a few key factors like clinical data readouts or regulatory approvals indicate whether or not a particular name will be able to generate sustainable revenues in the long run. As such, any development, good or bad, can act as a catalyst that …read more […]

(Bloomberg Opinion) — The U.S. stock market has had a remarkable run since its coronavirus-induced swoon in March, with technology stocks from Big Tech to upstarts leading the comeback and soaring off their lows. A hot stock market tends to stoke demand for IPOs as well, and that’s exactly what has happened — especially in the area of cloud software and internet services. The latest manifestation of this phenomenon came on Tuesday, when cloud-banking software provider nCino Inc. surged more than 170% in its trading debut. The enthusiasm for this digital niche does make sense on a fundamental level. The …read more […]