Month: August 2020

Chief Income Strategist Marc Lichtenfeld has a hidden advantage on the market…
He’s experienced it from the inside.
As an analyst at Wall Street’s most contrarian research firm, Marc learned all of the company metrics and tricks of the trade that the “smart money” use to outearn the average investor.
But while studying for his Series 86 exam, Marc had a breakthrough…

He realized that one commonly used metric – watched by small-budget investors and Wall Street giants alike – fails to give shareholders an accurate picture of their stocks’ health.
In fact, it tells a misleading story…
But if you know where to look, another …read more […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included a social media leader and specialty retailers. * Big tech stocks and a COVID-19 play were among the week’s bearish calls.In another roller-coaster week for the markets, the Nasdaq and the S&P 500 managed to end relatively flat, while the Dow Jones industrials pulled off a gain of almost 2%. It was a week that saw another prominent stock split and new jobless claims fall to under a million. And while one candidate took the next …read more […]

The financial outlook of Dropbox (NASDAQ: DBX) looks pretty respectable but many investors are still skeptical of the file hosting service company – mainly because of tough competition from services such as Google’s Drive and Microsoft’s One Drive. Despite impressive financial results and analysts upgrades, the stock is trading at a 20% discount from pre-earnings […] …read more […]

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The decentralized finance craze is causing demand for tokenized bitcoin to surge. …read more […]

VirBELA, an avatar-based virtual interaction company, has seen growth skyrocket in the pandemic. …read more […]

Here’s how experts say you should reevaluate your retirement savings as you get older. …read more […]

Tony Zhang suggested on CNBC’s “Options Action” a bullish options strategy in NVIDIA Corporation (NASDAQ: NVDA) ahead of the earnings report, which is scheduled for August 19. Zhang said that he is going to pay special attention to guidance in this earnings report. He explained that the company is driven primarily by two segments: gaming and cloud computing.He expects to see strong guidance for the gaming segment because of the release of new XBOX and PS5, which usually triggers PC gamers to upgrade their tech.View more earnings on NVDANVIDIA has a 75% market share in the PC gaming and …read more […]

Investors are always looking for the best tech stocks. Technology makes the world go ‘round, and everyone wants to be a part of it. New companies and new technology are constantly popping up to provide investment opportunities. Below is a list of some of the top tech stocks on the market today.
The 5 Best Tech Stocks

Microsoft (Nasdaq: MSFT)
Bill Gates founded Microsoft in 1975. The company is headquartered in Redmond, Washington. Microsoft develops, manufactures, and sells computer software, consumer electronics and related services. It’s Amazon’s top competition for cloud services. It’s also is in the gaming business with the Xbox.
As more …read more […]

The Department of Labor has announced a proposal to amend “investing duties” regulations currently in place. Christine Hurtsellers, CEO of Voya Investment Management, joins The Final Round panel to discuss how this could impact retirement planning. …read more […]

(Bloomberg) — As many as two million Californians were plunged into darkness over the course of about four hours late Friday in the first rolling outages to hit the state since the 2001 energy crisis.The California Independent System Operator, which oversees the state grid, declared a Stage 3 emergency late Friday, initiating the outages that impacted about 750,000 homes with demand soaring from people blasting fans and air conditioners to keep cool. Record high temperatures were seen around the Bay Area, according to the National Weather Service, with San Francisco reaching 95 degrees Fahrenheit (35 degrees Celsius) and San Jose …read more […]

(Bloomberg) — President Donald Trump on Friday ordered the Chinese owner of the popular music video app TikTok to sell its U.S. assets, citing national security concerns and delivering the latest salvo in his standoff with Beijing.Trump’s decision came after an investigation by the Committee on Foreign Investment in the U.S., which reviews acquisitions of American businesses by overseas investors for national security concerns. ByteDance Ltd. bought the app Musical.ly in 2017 and merged it with TikTok.Trump said in the order released Friday night, which has a 90-day deadline, that ByteDance “might take action that threatens to impair the national …read more […]

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns that China’s purchases are trending well short of purchase commitments under the Phase 1 of the trade deal. China had emerged as a top U.S. crude buyer, taking $5.42 billion …read more […]

It’s a particularly bullish start to the day for the majors. A Bitcoin move through to $12,000 would support an extended rally on the day. …read more […]

(Bloomberg) — Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the troubled cosmetics giant controlled by billionaire Ron Perelman.It was a mistake for the ages — a “clerical error,” as Citigroup told lenders — that’s now plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have become its impatient creditors.One financier involved likened the surprise payment to finding a fortune on the sidewalk. And, as of late Friday, several …read more […]