Month: September 2020

Whatever your opinion on EV truck maker Nikola (NKLA), boring is one description that cannot be attached to the company and its assorted shenanigans.After inking a credibility boosting deal with auto giant General Motors last week, the bears came out dancing, after a withering report from Hindenburg Research accused the company of fraudulent activites. The euphoria was replaced by alarm as reflected by the stock’s steep decline. It now turns out the US Securities and Exchange Commission (SEC) is looking into the allegations, which no doubt will further fan the flames of controversy surrounding Nikola and headline grabbing founder Trevor …read more […]

The market pendulum is swinging from one side to the other, making it difficult to predict its trajectory from one session to the next. However, in the all or nothing world of biotechs, some things will always remain the same. Case in point: Marinus Pharmaceuticals (MRNS) shares surged nearly 50% in Tuesday’s trading session, following the release of positive clinical trial data.On Monday evening, Marinus announced that in the phase 3 clinical trial of oral ganaxolone for the treatment of CDD (CDKL5 deficiency disorder) – a rare inherited type of epilepsy with treatment-resistant seizures – the study achieved the primary …read more […]

(Bloomberg) — Cloud-data software maker Snowflake Inc. priced its initial public offering at $120 a share, above the marketed range, according to a person familiar with the matter who asked not to be identified.The San Mateo, California-based company planned to sell 28 million shares for $100 to $110 each, a range that was boosted from $75 to $85, according to filings with the U.S. Securities and Exchange Commission.Snowflake, founded in 2012, is a rare challenger to Amazon as a provider of public cloud storage and services. In the fiscal year that ended Jan. 31, Snowflake’s revenue soared 174% to $264.7 …read more […]

This is one of the most remarkable stories you’ll ever hear…
It’s 100% true…
Totally verified…
And goes like this…
When George L. first joined The War Room, he called himself a trading “newbie.”
But three months later, he was a multimillionaire.
How did this happen?
That’s what I’m about to show you below.
Oh, did I mention that all this happened during the corona crash?
I’m telling you – this story is legendary.
Check out George’s full story below…

P.S. Strategies like spread trades make The War Room something unique and profitable. We’ve handed members an insane 76.77% win rate since we launched! Over that time frame, we’ve had a …read more […]

The consideration, which has not been previously disclosed, underscores AT&T’s commitment to the advertising business as the U.S. phone carrier reviews its portfolio to identify assets to sell in order to reduce its debt load. AT&T is considering selling its advertising-technology unit Xandr, sources familiar with the matter have told Reuters. “I believe there’s a segment of our customer base where given a choice, they would take some load of advertising for a $5 or $10 reduction in their mobile bill,” Stankey said. …read more […]

The post How Apple Could Get Cut in Half appeared first on Investment U. …read more […]

When bubbles pop, wealth disappears very quickly. I’ve seen this happen multiple times during my time as an investor.
The dot-com bubble popped in 2000. Investors holding profitless internet stocks were wiped out.
The housing bubble popped in 2008. People lost big in both the housing and stock markets.
Now big technology stocks have had an incredible run in 2020 despite the COVID-19 pandemic.
With that big run, there has been talk of a “bubble” forming in the tech sector.
To find out the truth, let’s crunch some numbers on one of our favorites…
I Have Been Flashing the Caution Sign…
A couple of weeks ago, I …read more […]

The post How Apple Could Get Cut in Half appeared first on Investment U. …read more […]

Stock futures drifted higher Tuesday evening, extending gains from the regular session, as investors awaited the Federal Open Market Committee’s (FOMC) September monetary policy statement and remarks from Federal Reserve Chair Jerome Powell. Each is set to provide further insight into central bankers’ assessments of economic activity during the ongoing pandemic. …read more […]

(Bloomberg) — Adobe Inc. reported revenue that topped analysts’ estimates, signaling robust demand for the software maker’s cloud-based creative tools during the coronavirus pandemic.Sales jumped 14% to $3.23 billion in the quarter ended Aug. 28, the San Jose, California-based company said Tuesday in a statement. Analysts, on average, estimated $3.16 billion, according to data compiled by Bloomberg.Chief Executive Officer Shantanu Narayen has tried to continue Adobe’s rapid pace of growth despite the company’s newfound status as one of the world’s highest-valued cloud software makers. The maker of Photoshop continues to invest heavily in designing new tools for creative professionals and …read more […]

VANCOUVER and TORONTO, Sept. 15, 2020 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company has been recognized by the Toronto Stock Exchange for its strong 3-year share price performance and named once again to the TSX30 in the second consecutive year. …read more […]

Apple revealed new tech products and subscription services September 15 at its virtual live event. The tech giant announced a new Apple Watch, iPad Air and Apple Pencil in addition to subscriptions services Apple One and Apple Fitness+. However, Apple did not reveal any news regarding the iPhone 12. CFRA analyst Angelo Zino joins The Final Round panel to break down the details. …read more […]

Dan David, Wolfpack Research Founder, joins The Final Round to discuss the latest news on Nikola as it faces an investigation from the SEC due to allegations of fraud from Hindenburg Research and what all this could mean for the company that only recently saw an IPO in June. …read more […]

Apple’s new Fitness+ workout app could have Peloton sweating. …read more […]

Will Fed Chairman Jay Powell show signs of fatigue in asking for more fiscal support? Or will he push harder for more help? …read more […]