Month: September 2020

Electric vehicle battery technology is advancing – but don’t expect dramatic developments any time soon – from Tesla or anyone else. …read more […]

Nikola shares plummeted on Monday after Founder Trevor Milton announced he would be stepping down from his position as Chairman. With Hindenburg Research accusing Nikola of laying an ‘ocean of lies,’ Nikola shares fell over 60% from their all-time highs. Wedbush Managing Director Dan Ives joins The Final Round panel to break down the details. …read more […]

If there’s one thing we’ve learned this year, it’s that life continues, regardless of whether there’s a pandemic.
For better or worse, that’s the reality.
Even though one of my favorite holidays is going to undoubtedly be impacted by COVID-19, don’t expect it to be canceled.
And it still offers some investment potential that shouldn’t be overlooked.
Fright Night Decline?
I love Halloween.
I enjoy horror stories, ghouls, ghosts, demons and slasher flicks.
But like everything in 2020, this Halloween is going to be different from those of years past.
Typically, 32% of Americans go trick-or-treating. This year, only about 14% will. Some cities are even recommending that …read more […]

A tentative deal between the U.S. government and Bytedance, which would have the Chinese company retaining 80% stake and Walmart and Oracle getting 20% ownership of a newly founded TikTok Global, has been up in the air with both President Trump and the Chinese government having doubts of the security of the deal. Yahoo Finance’s Final Round panel discuss the details of the tentative deal and what it could mean for all the companies involved as investors wait for what’s the come next. …read more […]

Goldman Sachs raised Shopify’s price target on Tuesday to $1,318 from $1,286, maintaining its buy rating of the stock. The firm noted the company’s gross merchandise value (GMV) which accelerated exponentially and the company’s ability to innovate to problem-solve key problem areas for merchants. Yahoo Finance’s Final Round panel breaks down the firm’s call and what it means for e-commerce. …read more […]

In a dramatic reversal, one of the world’s biggest makers of coal-fired plants will exit the market. …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

Is more volatility on tap for stocks? Following a three-week losing streak, the longest in about a year, all eyes are on the market. The three major U.S. stock indexes have struggled for the last few weeks as the titans of tech, which have fueled the charge forward from COVID-induced lows, came under pressure due to overheated valuations, with market watchers waiting to see how renewed lockdown fears will come into play.So, what’s the bottom line for investors? Even though uncertainty remains as Wall Street gears up for the fourth quarter, the pros are pounding the table on a select …read more […]

Microsoft’s $7.5 billion acquisition of Bethesda parent company ZeniMax is all part of Microsoft’s plan to crush Sony. …read more […]

(Bloomberg) — The tech-led selloff in U.S. equities is likely only halfway done, according to the Morgan Stanley strategist whose warning last month about the top-heavy market now appears prescient.Down 13% from its Sept. 2 high, the Nasdaq 100 has tumbled below its 50-day average and is underperforming the S&P 500 for the first time in a year. Yet deeper losses may be ahead because the selloff has yet to clear out the positive sentiment that bubbled up in the past few months during its historic rally, according to Mike Wilson, the bank’s chief U.S. equity strategist.The tech-heavy gauge is …read more […]

Bank stocks are sinking following a report of alleged widespread-money laundering activities. Odeon Capital Group LLC Senior Research Analyst Dick Bove joins Yahoo Finance’s Zack Guzman to break down the details. …read more […]

Peter Hooper, Deutsche Bank Global Head of Economic Research, joins Yahoo Finance’s Zack Guzman to discus why he believes a financial crisis could surprise investors ‘sooner rather than later.’ …read more […]

Today we will run through one way of estimating the intrinsic value of ONEOK, Inc. (NYSE:OKE) by taking the expected… …read more […]

Occidental Petroleum Corp said on Monday it will pay a $200 million quarterly dividend to Warren Buffett’s Berkshire Hathaway Inc in cash instead of common stock, even as the company tries to reduce debt following a plunge in oil prices. In a regulatory filing, Occidental said the payment on its perpetual preferred stock would be made on Oct. 15. Berkshire bought $10 billion of Occidental preferred stock in August 2019, helping fund the Houston-based company’s $35.7 billion acquisition of Anadarko Petroleum Corp. …read more […]