A Republican-proposed federal immunity law that would protect schools and businesses from COVID-19-related lawsuits is just one element holding up a new stimulus bill. …read more […]
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 19x, you may… …read more […]
It’s a good time to look into big business and the candidates, which executives and companies were supporting and donating to Trump, which to Biden and why. …read more […]
(Bloomberg) — Signs of a problem within California’s power system emerged a full day before the blackouts hit.Trader Dov Quint sat in his basement outside Boulder, Colorado, scouring the state’s day-ahead power market for opportunities to profit from California’s heat wave. He saw something strange: Prices for electricity to be delivered the next day – the day of the blackouts – were nearing $1,000 a megawatt-hour, more than 26 times higher than last year’s average.The last time that happened, in July 2018, the forecast for demand had been much higher. Something was amiss — were energy supplies lower than usual?In …read more […]
The Nano-X Imaging IPO is the latest health tech company to hit the market. Offering a lower-cost than traditional medical imaging technology, the company has strong investor support as the industry becomes more digital. In fact, Nanox claims its market will be worth $21 billion by 2021.
But is Nano-X Imaging stock a good investment? Here’s what we know…
Nano-X Imaging IPO: The Business
Ran Poliakine founded Nanox in 2011. It’s an Israeli health tech company focusing on early detection and preventive healthcare. The company claims it has an affordable medical imaging system using a microelectromechanical system (MEMs) semiconductor cathode. This gives it …read more […]
Xpeng is seeking to raise up to US$1.1 billion from its initial public offering on the New York Stock Exchange, as it gears up to challenge Tesla in China, the world’s largest market for electric vehicles.The smart electric carmaker, which publicly filed for an IPO earlier this month, is selling 85 million American depositary shares (ADS) within a price range of US$11 to US$13, according to the filing lodged with the US Securities and Exchange Commission on Friday.Four of Xpeng’s existing shareholders – Alibaba Group Holding, Coatue, Qatar Investment Authority and Xiaomi – have indicated an interest in purchasing up …read more […]
(Bloomberg) — For money managers nervous about U.S. equities at all-time highs during an economic crisis and election year, Europe could be the antidote.Investors from BlackRock Inc. to Manulife Investment Management say the region’s coordinated and fast response to the pandemic is also a good reason to be confident, despite the fact that European stocks have stalled since early June.The bullish mood on Europe can largely be viewed as a scramble for alternatives to the U.S., where equity valuations look stretched and China tensions are running high. The November election is also souring sentiment as President Donald Trump battles the …read more […]
BP said it had begun the process of evacuating personnel from offshore platforms and drilling rigs, while also beginning to shut-in production at its four operated platforms in the U.S. Gulf of Mexico, the Thunder Horse, Atlantis, Mad Dog and Na Kika. Meanwhile, Chevron said it was evacuating all personnel at its Big Foot, Genesis, Jack/St. Malo and Tahiiti platforms and initiating shut-in procedures. …read more […]
(Bloomberg) — Elon Musk promises a “giant contract” with the miner that can supply nickel for Tesla Inc. batteries at low cost with minimal environmental impact, yet the industry’s messy track record may make that deal difficult to clinch.Recent accidents such as a diesel spill in Arctic Russia and a burst waste pipeline in Papua New Guinea suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “efficient” and “environmentally sensitive” way.As the world’s most-valuable carmaker extends manufacturing arms to China and Germany, its billionaire owner may have to rely increasingly …read more […]
DUBLIN, Aug. 21, 2020 /CNW/ — Endo International plc (the “Company”) (NASDAQ: ENDP) announced today the expiration and final tender results of the previously announced cash tender offer (the “Offer”) by its wholly owned subsidiary Endo Finance LLC (“Endo Finance”) for any and all of its outstanding 5. …read more […]
It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would bring another day of heavy losses. …read more […]
We are apolitical in The War Room. Leave the politics at home!
Our mission is investing… in whatever will make us money.
However, we are not blind to the opportunities that politics and politicians can bring to the table!
And next week, one of those opportunities may arise at the Republican National Convention. We’re ahead of it in The War Room, and it’s something you may want to get in on as well.
President Trump at the Republican National Convention
Members are short the iShares China Large-Cap ETF (NYSE: FXI). Unless you have been living under a rock, you know that if there is one …read more […]
The consumer finance celeb says borrowers who do this make her “so crazy.” …read more […]
Yahoo Finance’s Jared Blikre joins Seana Smith to break down the day’s price action in stocks as well as a long in NortonLifeLock (NLOK), a Yahoo Finance Premium Investment Idea. Not a subscriber? Start your free trial to join future webinars live! …read more […]
Wall Street has been looking at Plug Power (PLUG) of late, and investors seem to like what they see. Shares of the fuel cell pioneer have risen on wild momentum and tremendous second-quarter results, soaring over 300% year-to-date.It also doesn’t hurt that Plug’s modus operandi is based in a very “now” trend. Expectations are high that hydrogen fuel-cell makers will be able to provide green energy to all sorts of places wind and solar power can’t access. Furthermore, it is anticipated the ESG (Environmental, Social and Governance) investing trend will only gather pace as the decade progresses.PLUG’s business is progressing, …read more […]
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