Month: September 2020

Did the bull market cycle end on September 2? The NASDAQ lost 7% from its peak above 12,000, while the S&P saw smaller losses of 4.5%. Of course, there have been positive trading sessions – and a look at the year-to-date chart suggests that stock markets simply experienced a temporary correction, one of several that have occurred so far, since the bull run began in March.Still, the market activity of the past two weeks reminds us that every investor should take steps to defend his portfolio, in good times as well as bad. Banking giant Goldman Sachs has taken that …read more […]

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous to discuss Bank of America’s September Fund Manager Survey, in addition to what to expect from Adobe and Fedex earnings after market close on Tuesday. …read more […]

We can readily understand why investors are attracted to unprofitable companies. For example, although… …read more […]

Short seller Hindenburg Research has doubled down on allegations made last week that Nikola Motor Company spun an “ocean of lies,” calling the electric-truck startup’s response to the allegations a “tacit admission of securities fraud.” …read more […]

A campaign waged against Netflix over “Cuties” and the film’s sexualized portrayal of children produced a surge in U.S. subscription cancellations over the weekend, according to research company YipitData. Netflix subscriber churn rates began to rise Sept. 10, the day after the release of “Cuties” on Netflix, when the hashtag “CancelNetflix” was in the top-trending […] …read more […]

eMagin Corporation (NYSEMKT:EMAN) shareholders might be concerned after seeing the share price drop 22% in the last… …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […] …read more […]

Stock futures rose Tuesday morning, with the Dow and Nasdaq tracking toward back-to-back sessions of gains as tech stocks continued to march back higher. …read more […]

In this article we are going to estimate the intrinsic value of HIVE Blockchain Technologies Ltd. (CVE:HIVE) by… …read more […]

Is it time to vacate one of the hottest trades on Wall Street in 2020? …read more […]

Today is shaping up negative for Charlotte’s Web Holdings, Inc. (TSE:CWEB) shareholders, with the analysts delivering… …read more […]

German biotech firm BioNTech said on Tuesday it had secured almost $450 million in government funding to speed up work on its COVID-19 vaccine candidate and expand its production capacity in Germany. BioNTech and partners Pfizer Inc and China’s Shanghai Fosun Pharmaceutical Group Co Ltd are among the leading developers of experimental COVID-19 vaccines, based on molecules carrying a genetic code called messenger RNA (mRNA). Mainz-based BioNTech, founded in 2008 and listed on the Nasdaq exchange last year, said it had been awarded 375 million euros ($445 million) in funding, after applying under a scheme announced in July …read more […]

Last week, you might have seen that Peloton Interactive, Inc. (NASDAQ:PTON) released its annual result to the market… …read more […]

Vanguard Group Inc said it voted against the pay of Alphabet Inc executives, including new CEO Sundar Pichai, one of several examples of proxy voting the top mutual fund firm gave in a report to be released on Tuesday as it names a new stewardship chief. Vanguard said in the report it “found a misalignment between pay and performance” and would have liked to see more long-term compensation tied to metrics like relative total shareholder return. An Alphabet spokeswoman declined to comment on Vanguard’s votes. …read more […]

There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although… …read more […]