Month: August 2020

(Bloomberg) — Iqiyi Inc., a Chinese Netflix-style streaming service that’s backed by Baidu Inc., tumbled as much as 19% after disclosing that the company is under investigation by the U.S. Securities and Exchange Commission.Iqiyi said on Thursday that it’s cooperating with the probe, which is seeking financial and operating records dating from January 2018. Investigators are also seeking documents about acquisitions and investments that were cited by short seller Wolfpack Research in a report in April, the company said. Iqiyi has hired advisers to conduct an internal review.“These professional advisers have been examining the company’s books and records and undertaking …read more […]

Gold has been doing extraordinarily well recently. So, as a result, have you been wondering how to invest in gold stocks? If you have, you’ve come to the right article.
There are different ways to invest in stocks like gold, and you can also invest in gold directly if you prefer. In this article, we will look at the different ways you can invest.
We’ll look at the various types of gold stocks and investments that there are and how to go about investing in them. By the end of this article, you will be a gold investing expert and know how …read more […]

The iPhone maker will bundle CBS All Access and Showtime content for $9.99 per month. Separately, CBS All Access costs $9.99 and Showtime $10.99 per month on Apple TV+. The bundle is the first of its kind on Apple TV+, which debuted in November with shows such as “Oprah’s Book Club” and Jennifer Aniston’s “The Morning Show”. …read more […]

Which stocks are leading the pack out on Wall Street? Biotechs. Understandably, investors have taken a more cautious approach when navigating the confused financial environment, but focus is locking in on the healthcare sector as it has been able to withstand the COVID-19-induced pressure on the market. The space’s resilience combined with a limited impact on Q1 fundamentals and the elimination of macro headwinds regarding drug legislation, has caused sentiment surrounding 2H20 performance to swing strongly positive.While there certainly are exciting opportunities at play, biotech stocks aren’t for the faint of heart. Seasoned market watchers know that they are notoriously …read more […]

If there was ever a skill or talent that carried a lot of weight for investors, this would be it. How to pick a stock. Without accounting for inflation, the stock market has earned an average return of 10 percent per year.
Whether you are just getting started, or you’ve been investing for decades, the stock market has proven to be a massive asset in wealth creation. And with the right resources, research and time, investing in the stock market can produce amazing results for your portfolio.

How to Pick the Right Stocks
Before you build a stock portfolio, you should determine your …read more […]

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News of an Apple bundle underscores why the stock may still be undervalued, one tech analyst explains. …read more […]

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An Airbnb IPO is coming to the markets. After multiple reports over the last year, the company confirmed it’s back on track to go public. And hopefully within the year.
But is Airbnb stock a good investment? Here’s what we know…
Airbnb IPO: The Business

CEO Brian Chesky founded AirBnb in 2008 with Joe Gebbia and Nathan Blecharcyzk. It’s an online vacation rental company based in San Franciso, California. The company works with local hosts to offer lodging and activities around the world. This allows locals to profit from hospitality while contributing to their local tourist economy.
According to the company site:

7 million listings
220+ …read more […]

With markets apparently in a sustained bull cycle, Wall Street’s analysts have been working hard to find the ‘right’ stocks – the stocks that investors can trust to keep bringing in returns. And those returns may be better than thought possible just a couple of short months ago; the S&P 500 has returned to its pre-crash levels, closing recently just hair’s breadth away from its all-time high.Diagnosing the market’s success from Canaccord, chief strategist Tony Dwyer sees record liquidity behind the high prices and surges in value – and he sees it another reason to keep up the buying spree. …read more […]

Though rates are going up, one of the top mortgage lenders keeps setting the bar lower. …read more […]

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Goldman sounds the alarm bell on a chunk of consumer stocks if Joe Biden’s tax proposal goes through. …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Thursday. …read more […]