Month: July 2020

Unlike other industries, the coronavirus’ impact on parcel delivery services has been more nuanced. The drop in volume for the traditionally more profitable B2B segment has been countered by the massive increase in B2C deliveries, which are typically more margin tight. So much so, these companies are finding it difficult to meet demand.This is true of package delivery giant United Parcel (UPS). In normal times, the mix between B2C and B2B is evenly split, but by the end of March, the pandemic resulted in the B2C segment boasting 70% of delivery volume.In a recent note to clients, Credit Suisse analyst …read more […]

The Financial Times newspaper first reported the findings from a court filing, which was made public Monday. Bridgewater Associates had started the case against two former employees, Zachary Squire and Lawrence Minicone, with the claim that they breached their contracts and misappropriated trade secrets. …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 […]

A lot of people in the stock market want Nikola Corporation (NKLA) to be the next Tesla. Unfortunately, the company filed a prospectus allowing shareholders to dump a large amount of shares that will cause an overhang on the stock. Nikola has yet to generate revenues from vehicle sales, yet the stock already has a market value of $21 billion, an amount approaching the level of Ford. The company has the innovative promise similar to Tesla in the vehicle space with the goal of building a fleet of hydrogen fuel-cell electric trucks, but the hype extends far beyond reality here …read more […]

Investor focus has landed squarely on the surge in new COVID-19 cases and its threat to economic reopenings, but there’s another possibility being ignored. According to Morgan Stanley equity strategist Mike Wilson, even though the market is expecting economic activity to decline, earnings could get a major boost.“Cautious investors may be overlooking the potential for operating leverage to fuel an earnings rebound… Aggressive cost-cutting in a downturn is what creates the powerful operating leverage when the economy recovers,” Wilson commented.While unemployment has skyrocketed during the coronavirus crisis, Wilson argues operating leverage was already dropping before the pandemic’s onset. “It’s also …read more […]

As I’m sure you know, the way we work will now be changed forever…
So if you find yourself wondering how many jobs can be done at home, you’re not alone.
That’s why a recent study from the Journal of Public Economics was so eye-opening.
You see, the authors studied the feasibility of working at home for all U.S. occupations.
The findings were quite interesting…
The study concluded that37% of jobs in the UnitedStates can be performed entirely at home and jobs done at home typically pay more.
This continues to make an interesting case for work-at-home plays, including Slack, Keurig Dr Pepper and Peloton.
But let’s …read more […]

Chief Income Strategist Marc Lichtenfeld notes investing in COVID-19 stocks is risky. As companies claim they have coronavirus vaccines, more investors are moving into biotech stocks. Marc reveals to readers the smart steps to take before investing in COVID-19.
I was listening to a podcast this morning on my run when the guest – a market analyst and CFA – said something that almost made me stop midstride.
He said COVID-19 was under control in the United States, then it spiked a little and will be back under control again soon.
It reminded me of a famous quote popular with boxing fans. Roger …read more […]

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On Tuesday, three of the largest banks in the U.S. — JPMorgan Chase, Wells Fargo and Citi — kick off earnings season when they report their quarterly results. Moody’s Jeffrey Berg expects financials to report “varied, and in some instances, sharp declines in earnings” due to coronavirus and collapsing oil prices. Berg joins The Final Round to discuss what factors he’s focused on beyond the headline numbers. …read more […]

Monday morning’s stock rally lost steam towards the close, with the S&P 500 and Nasdaq turning negative and the Dow wiping out much of its earlier gains. The 30-stock index had been up as much as 2.2%, or 564 points, earlier in the day.
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(Bloomberg) — Robinhood users can’t get enough of Tesla Inc.Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.The one-day return may not have turned out so well. Tesla was up as much as 16% at one point before paring gains through the day and finishing 3% lower. It was a rare losing day for the high flying stock, which has surged 56% over the past 10 days.All told this year, Tesla’s market cap has surged …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 […]

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 […]

A new Yahoo Finance-Harris poll finds the majority of Americans believe the extra $600 per week should be extended past July — even though a majority also believes the benefits discourage people from returning to work. Yahoo Finance’s Jessica Smith joins Kristin Myers to discuss. …read more […]

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