Month: August 2020

Every investor in Rekor Systems, Inc. (NASDAQ:REKR) should be aware of the most powerful shareholder groups… …read more […]

IBM Corp. (NYSE: IBM) is celebrating its 109th year.
That’s an astonishing achievement for any company, let alone one in the dynamic technology sector.
“Big Blue” is a remarkable exception in a world where yesterday’s heroes become today’s zeros.
But even IBM eventually lost its identity as a “one decision” stock.

Portfolio managers used to say that “no one ever got fired for buying IBM.”
Today, IBM has long ceded that role to today’s tech giants.
The Essence of “Creative Destruction”
Austrian economist Joseph Schumpeter popularized the phrase “creative destruction” in the 1950s.
According to Schumpeter, the “gale of creative destruction” describes the “process of industrial mutation… that …read more […]

The cliché says, May you live in interesting times. These days, it seems that’s just a description of ordinary life. The coronavirus crisis whipsawed the economy from gangbusters growth to a short, but deep recession – and now we’re seeing the markets rise and rise and rise. The S&P 500 has regained its pre-crisis record levels, and the NASDAQ seems to set new highs every day. Data shows that unemployment is falling, and the jobs are coming back.More importantly, perhaps, the nature of work may have permanently changed. The virus prompted a mass move to remote work and telecommuting, and …read more […]

Scott Galloway, professor of marketing at NYU Stern School of Business argues the Dow Jones Industrial Average (^DJI) is “one of the most dangerous numbers ever manufactured.” …read more […]

Technology is taking over every industry. And now some of the best stocks you can buy are dividend tech stocks. They’ve proven themselves as consistent cash flow machines.
With so much cash piling up, the tech companies can’t reasonably reinvest it all. As a result, they pass it along as dividends to investors. For example, Microsoft has paid an annual dividend for the last 14 years. Investors can then decide what to do with it instead.
Some of the dividend tech companies below haven’t paid out for nearly as long. Although, they’re adding to their dividend history each year. And investors can …read more […]

Alibaba affiliate Ant Group filed for a dual listing on the Hong Kong and Shanghai exchanges, in what could be the largest IPO in history, as the company sees a massive jump in profits. Yahoo Finance’s Emily McCormick joins Akiko Fujita to discuss. …read more […]

The world’s biggest airline says it will have 30% fewer staff by October. …read more […]

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]

Nike’s decision to end relationships with several wholesalers is a win for the Swoosh brand, according to Susquehanna International Group. …read more […]

(Bloomberg) — The financial losers of California’s rolling blackouts are beginning to emerge.Portland General Electric Co., the utility that powers almost half of Oregon, plunged the most in five months after the company said it’s poised to lose as much as $155 million due to trades it made this year as wholesale electricity prices surged.PGE fell as much as 14% to the lowest level in over four years before paring some losses. The drop comes the morning after the company disclosed that its traders increased the volume of bets late in the second quarter and into the third, “resulting in …read more […]

Jefferies Healthcare Analyst Jared Holz joins Yahoo Finance’s On The Move panel to discuss why he believes vaccine stocks will become the new weed stock. …read more […]

Are the markets at nosebleed heights, or getting ready to ‘flatten the curve?’ The S&P 500 has just set a new all-time high, as has the NASDAQ; the Dow Jones has found resistance at the 28,000 level, a mark that felt like fantasy just one year ago. The market gains have outpaced the pundits’ collective wisdom, leaving old predictions far behind.From investment bank Goldman Sachs, strategist David Kostin has raised his year-end outlook for the S&P, writing of the market’s prospects, “…a falling equity risk premium will outweigh a rise in bond yields, and combined with our above-consensus EPS forecast, …read more […]

Qualivian Investment Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund’s performance in Q2 was ahead of the S&P 500 by 9.6% and 9.5% on a gross and net basis. You should check out Qualivian Investment Partners’ top 5 stock picks for investors to buy right now, […] …read more […]

(Bloomberg) — Billionaire Richard Branson cleared a crucial obstacle on the tortuous journey to rescue his flagship airline, hobbled by the coronavirus pandemic.Virgin Atlantic Airways Ltd., founded and controlled by the serial entrepreneur, won creditor backing for a 1.2 billion-pound ($1.6 billion) bailout on Tuesday, paving the way for final approval at a court hearing next week.“Achieving this milestone puts Virgin Atlantic in a position to rebuild its balance sheet, restore customer confidence and welcome passengers back to the skies as soon as they are ready to travel,” the airline said.Virgin Atlantic was plunged into crisis after the virus grounded …read more […]

Yahoo Finances Ines Ferre joins the On the Move panel to discuss the changes in The Dow Jones Industrial Average. …read more […]