Art Hogan, Chief Market Strategist at National, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss what’s moving the markets on Thursday morning. Hogan also weighs in on the future of real estate, especially in major cities. …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Rick Newman discuss the new Lucid Motors electric car. …read more […]
Today we will run through one way of estimating the intrinsic value of Immunomedics, Inc. (NASDAQ:IMMU) by taking the… …read more […]
A speculative fever from the bulls pushed the market to historic heights, but have the bears now been vindicated? Following a record breaking five-month rally, stocks have dipped from their record highs. The recent decline had been preceded by warnings, which had been making the rounds for weeks, that a reality check was overdue. Weighing in for Wells Fargo, senior global equity strategist Scott Wren stated, “We have not had much give back in this gigantic run that we’ve had. So inevitably the stock market sell-off was bound to happen.” This, however, is not to say that exciting plays …read more […]
On Thursday, Citigroup, Inc. announced its current CEO Michael Corbat plans to retire in February of 2021. In his place, the major U.S. bank named Jane Fraser, President of Citi and the Chief Executive Officer of Global Consumer Banking. Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous to discuss. …read more […]
The largest airline union in North America is warning Congress that compounded economic damage from the coronavirus pandemic, beyond lost jobs, is a certainty if additional stimulus funding is not soon allocated to the industry. …read more […]
Tesla shares edged up on Thursday in U.S. premarket trade, extending a recovery from this week’s drop, but analysts see a bumpy ride ahead as an extreme build-up in derivative positions caps the stock and precludes a full rebound. Tesla shares shed 21% on Tuesday – their biggest one-day percentage drop on record – after the stock’s surprise exclusion from the S&P 500 . The selloff early this week wiped out $75 billion dollars off the company’s market value, exacerbated by the hedges built around massive betting on Tesla options by retail and institutional traders during the …read more […]
Microsoft’s Surface Duo is an two-screen Android smartphone that could change how you think of smartphones. …read more […]
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
This article will reflect on the compensation paid to C. Goncalves who has served as CEO of Cleveland-Cliffs Inc… …read more […]
The Department of Labor released its weekly jobless claims report at 8:30 a.m. ET on Thursday. …read more […]
The big story as the NFL season starts isn’t the league is handling COVID-19. It’s about the explosion in legal sports betting. …read more […]
MONTREAL, Sept. 10, 2020 /CNW/ – Turquoise Hill Resources Ltd. …read more […]
With a price-to-earnings (or “P/E”) ratio of 10.1x Genworth Financial, Inc. (NYSE:GNW) may be sending bullish signals… …read more […]
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