Month: September 2020

Active investing isn’t easy, but for those that do it, the aim is to find the best companies to buy, and to profit… …read more […]

It has been quite a year, so much so that ‘2020′ is likely to become a byword among those who remember it decades hence. For investors, the key point has been volatility. The year started with modest gains in stocks, until it was derailed by the mid-winter coronavirus crisis. After the deepest short-term losses in Wall Street’s history, however, stocks rebounded – and hard. The bull run lasted more than 5 months. But now we need to ask, has it ended at last?Since the beginning of September, the S&P 500 is down 6%, and the tech-heavy NASDAQ has lost 8%. …read more […]

The 90-year-old investing guru is taking advantage of low interest rates. You should, too. …read more […]

Interested in packing your portfolio with income stocks? It’s a fairly conservative approach to investing. The benefit though is this strategy leads to consistent dividends. And besides, who doesn’t like to see a steady stream of income coming into their investment account… All without ever needing to sell a single share.

So what is an income stock? To put it simply, an income stock is one that pays out a regular dividend. These usually come in quarterly or monthly installments.
One of the hallmarks of a good income stock is a high dividend yield. It’s worth noting that what qualifies as a …read more […]

The U.S. Department of Labor on Tuesday announced a proposed rule that would change the federal government’s test used to determine whether workers are employees or independent contractors under the Fair Labor Standards Act. …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]

What is day trading and is it a smart play for investors? This is a question many people will ask when they gain an interest in the stock market. And, just like anything else, it has its own risks and rewards.
Some individuals will make great livings as day traders. Others will break the bank overnight. Let’s take a deeper look into this lucrative, yet dangerous game.

What is Day Trading for Investors?
Is it a strategy? A way of life? Or simply a hobby? Can you even define day trading at all? If you asked one hundred people, you may get one …read more […]

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Dan Ives of Wedbush Securities discuss Tesla’s Battery Day, and the fraud allegations against Nikola Founder Trevor Milton. …read more […]

Yahoo Finance’s Tech Editor Dan Howley joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the latest developments surrounding TikTok. …read more […]

(Bloomberg) — Penn National Gaming Inc. shares rose as much as 4.5% in early trading Tuesday after Morgan Stanley said Penn’s minority owned Barstool Sportsbook betting app achieved a record 21,000 downloads per day in its first weekend, breaking DraftKings Inc.’s and Flutter Entertainment Plc’s FanDuel’s daily records.Preliminary data from market intelligence firm Sensor Tower show Barstool sportsbook app, which soft launched in Pennsylvania on Sept. 15, had 63,000 downloads in its first weekend, analyst Thomas Allen wrote in a note.That compares to DraftKing’s sportsbook downloads of just 4,000 during its opening weekend in New Jersey in Aug. 2018 and …read more […]

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should …read more […]

(Bloomberg) — Ryan Cohen, the entrepreneur who built Chewy.com into a pet-supply giant and sold it for more than $3 billion, is now pitching GameStop Corp. on a lofty goal: becoming a true competitor to Amazon.com Inc., according to a person familiar with the matter.The video-game retailer’s shares jumped as much as 28% to $11.17 in New York trading Tuesday, after Bloomberg News reported Cohen’s plans late Monday. That’s the stock’s highest level since March 2019.After acquiring a nearly 10% stake in GameStop — making him the company’s biggest individual investor — Cohen disclosed on Monday that he is holding …read more […]

CALGARY, AB, Sept. 22, 2020 /CNW/ – Inter Pipeline Ltd. …read more […]

Approximately 3,600 global employees across the entire organization will be cut from the workforce. …read more […]

(Bloomberg) — Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years.Tesla shares fell as much as 5.4% before the start of regular trading, paring massive gains over the last several months that were fueled in part by anticipation of the event. Musk said the information he’ll announce Tuesday will affect production of Tesla’s Semi, Cybertruck and Roadster models, all of which have been unveiled but are still in development.In another tweet early Tuesday, Musk warned of the “extreme difficulty” of scaling up production …read more […]