Month: July 2020

* This weekend’s Barron’s cover story presents the results from the Barron’s 2020 Midyear Roundtable. * Other featured articles look how to manage risk in a time of market volatility and which companies the U.S. government is and is not bailing out. * Also, the prospects for some retail stocks, a telecom, a social media giant and more.Cover story “Barron’s 2020 Midyear Roundtable: 37 Picks From Our Investment Pros” by Lauren R. Rublin shows why the panelists say current trends have created ample opportunities to invest in good companies selling at deep discounts.Darren Fonda’s “Market Volatility Is Back. …read more […]

After investing in the all-new Ford Bronco, the automaker confirmed plans to keep its commitment to not buy social media advertising for the launch. …read more […]

Despite continuing market volatility, the S&P 500 has remained relatively flat in 2020 – down just 1.66%.
But there is a silver lining…
The biotech sector is up more than 18% since the start of the year.

Many of you know Marc Lichtenfeld as the “income guy” because of his work with The Oxford Income Letter…
But he’s as passionate about biotech investing as he is about dividends.
In fact, he’s been tracking the sector for several decades now and has spoken about biotech opportunities at events all over the world.
Last year, Marc hosted a summit with former Speaker of the House Newt Gingrich to …read more […]

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Move over, Oracle. There’s a bigger billionaire on the block.Elon Musk, the eccentric and controversial CEO of Tesla Inc (NASDAQ: TSLA), SpaceX and The Boring Company, has officially passed the legendary Warren Buffett on Bloomberg’s Billionaire Index. Musk is now the seventh-richest person in the world.Tesla’s Huge RunTesla’s stock has been on an amazing tear in 2020, rising from $430 to $1,544 per share, good for a nearly 270% gain.”[Musk] owns about a fifth of Tesla’s outstanding stock, which comprises the bulk of his $70.5 billion fortune. His majority ownership of closely held SpaceX accounts for about $15 billion,” according …read more […]

Elon Musk has been teasing Tesla Inc (NASDAQ: TSLA) “battery day” for many months now. After delays due to the COVID-19 pandemic, Musk announced battery day would be combined with investor day.Now, a new date has been confirmed: Sept. 22, 2020. The event will be held in Fremont, California, at 2:30 p.m. Pacific Time. Tesla intends to webcast both events live.Benzinga’s Take: Battery day has been delayed several times, but things seem to finally be official. While Musk and Tesla are often late on delivery, they never fail to impress.Tesla is expected to reveal a battery that can be driven …read more […]

This robot can kill roughly 90% of COVID-19 on surfaces in a 4,000 square foot space in 30 minutes. …read more […]

Today we will run through one way of estimating the intrinsic value of Limelight Networks, Inc. (NASDAQ:LLNW) by… …read more […]

Ant Financial IPO rumors surfaced back in 2018. Two years later and the rumors are back. Investors have been waiting for this Alibaba affiliate to launch shares on the public markets. But can investors expect Ant Financial stock?
Here’s what we know…
Ant Financial IPO: The Business

Jack Ma, co-founder of Alibaba Group (NYSE: BABA), founded Alipay in 2004. It was a online payment platform. In 2013, Alipay overtook PayPal as the world’s largest mobile payment platform. And the next year, in 2014, Alipay rebranded as Ant Financial Services.
Now, Ant Financial offers a suit of financial services. It includes …read more […]

A look at the shareholders of InMode Ltd. (NASDAQ:INMD) can tell us which group is most powerful. Generally speaking… …read more […]

‘Hamilton’ is continuing to soar following its Disney+ debut with 80% of users tuning in to watch the Broadway phenomenon, according to research complied by 7Park Data. …read more […]

Fisher Island, one of America’s wealthiest ZIP codes (33109), has a condominium up for auction this month — for the first time ever. …read more […]

(Bloomberg) — Elon Musk is now richer than Warren Buffett.The fortune of Tesla Inc.’s chief executive officer rose $6.1 billion on Friday, according to the Bloomberg Billionaires Index, after the carmaker’s stock surged 11%. Musk is now the world’s seventh-richest person, also ahead of tech titans Larry Ellison and Sergey Brin.The 49-year-old owns about a fifth of Tesla’s outstanding stock, which comprises the bulk of his $70.5 billion fortune. His majority ownership of closely held SpaceX accounts for about $15 billion.Shares of the electric-car maker have risen 269% this year. The company’s booming valuation helped Musk land a $595 million …read more […]

Facebook is considering a prohibition on political ads on its platforms, according to multiple media reports. If the social media giant made such a move, it would be a significant about-face to the company’s long-held laissez-faire approach to political ads and political speech more broadly, coming just months ahead of the 2020 U.S. elections. Facebook […] …read more […]

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