Month: October 2020

Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs. …read more […]

Today’s video answers one of the most commonly asked questions I get…
What does a typical day in The War Room look like?
If you’ve never been inside The War Room – I can tell you – it’s unlike anything you’ve ever experienced before.
Want a sneak peek?
Then check this out…

P.S. We just launched Trade of the Day Plus!
For all you who have been asking, here’s the deal with Trade of the Day Plus. As I’m sure you know, most of the stock picks that Karim and I make here in Trade of the Day turn into monster winners. But many times, Trade …read more […]

One of the top investors of this generation just sounded a warning signal…
And given his multidecade streak of outperformance, we would be foolish not to listen.
In fact, I’ve been pounding the table about many of these same signals here at Wealthy Retirement for several months now.
But not to worry…
While there’s risk, there’s also opportunity.
An Ominous Warning
In very few endeavors is experience more valuable than it is in investing.
While history never repeats, it often rhymes. Lessons learned in the past can be applied in the present to avoid trouble and seize opportunity.
And few people have more investing experience – or brainpower …read more […]

Stock futures opened lower Tuesday evening after another volatile day on Wall Street, with investors continuing to digest still-elevated coronavirus case counts in the U.S. and Europe, weighing outcomes of Election Day next week and contemplating when another round of fiscal stimulus out of Washington might get passed. …read more […]

(Bloomberg) — Microsoft Corp.’s first-quarter revenue climbed a better-than-projected 12%, strengthened by corporate demand for cloud-computing services to support customers’ remote workers and move more of their business online.Sales in the period that ended Sept. 30 rose to $37.2 billion, the software maker said Tuesday in a statement. That exceeded the $35.8 billion average estimate of analysts polled by Bloomberg, and marked Microsoft’s 13th straight quarter of double-digit revenue growth. Net income was $13.9 billion, or $1.82 a share. Analysts had predicted $1.54 a share.Since the pandemic started, business customers have accelerated a shift to Microsoft’s Azure internet-based computing services …read more […]

(Bloomberg) — Lisa Su spent her first six years at the helm of Advanced Micro Devices Inc. turning around the troubled chipmaker. She slashed debt and oversaw products that launched on time and performed as advertised.Now she’s going beyond cleanup to challenge Intel Corp. for the lead in computer chips.The 51-year-old engineer — among the few female CEOs in technology — unveiled a $35 billion all-stock acquisition of Xilinx Inc. on Tuesday, one of the largest chip deals ever. In interviews and conference calls, Su made it clear there are few limits to her ambition.“We have an even bigger place …read more […]

(Bloomberg) — Wells Fargo & Co. shares fell to their lowest level in more than a decade Tuesday as investors awaiting Chief Executive Officer Charlie Scharf’s strategy absorbed the prospect of job cuts and likely business sales.Shares declined 3.9% to their lowest since June 2009, dipping further than the 24-firm KBW Bank Index. Scharf, who took over last October, has been reviewing each of the firm’s businesses and is preparing to lay out his turnaround plan for the embattled lender. He’s said he would provide more information to investors in January.Scharf has promised a simpler structure, and is examining sales …read more […]

D.A. Davidson Analyst Rishi Jaluria joins The Final Round panel to break down what to make of Microsoft in it’s better-than-expected earnings report.
…read more […]

(Bloomberg) — EQT Corp. agreed to buy Chevron Corp.’s Appalachian shale assets for $735 million as the biggest producer of U.S. natural gas takes advantage of an industry slump to expand.The transaction is expected to close by the end of the year, EQT said in a statement on Tuesday. Chevron has been trying to unload its Appalachian gas holdings since late 2019, when it recorded an $11 billion writedown for that asset and others amid a swelling domestic gas glut and cratering prices for the furnace and power-plant fuel.The acquisition is the latest in a string of recent deals where …read more […]

It’s that time of the year again!
If you guessed the annual release of the KFC fried chicken-scented firelog…
Or the Jones Soda Co. (OTC: JSDA) holiday flavor pack with thirst-quenching flavor offerings such as turkey and gravy, green bean casserole, and mashed potato…
I’ll give you partial credit.
I know, nothing says the holidays more than your home smelling like a 16-piece bucket of original recipe chicken or drinking a glass of fizzy mashed potatoes.
But despite those festive releases, the time of year we’re talking about is third quarter earnings.
And regardless of whether companies are beating, missing or in line with expectations, the …read more […]

FINANCING TO SUPPORT THE DEVELOPMENT OF MINDMED’S GROWING PIPELINE OF PSYCHEDELIC INSPIRED MEDICINES AND EXPERIENTIAL THERAPIESNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Oct. 27, 2020 /PRNewswire/ — Mind Medicine (MindMed) Inc. …read more […]

On Tuesday, Microsoft announced its fiscal Q1 2021 earnings, beating analysts’ expectations on the strength of its cloud business. The tech company reported revenue of $37.2 billion, beating the Street estimate of $35.76 billion. Yahoo Finance’s Myles Udland breaks down the latest. …read more […]

Microsoft is set to report its fiscal Q1 2021 earnings after the bell on Tuesday with a focus on the cloud. …read more […]

Yahoo Finance’s Dan Howley joins Kristin Myers to discuss how AMD agreeing to buy Xilinx is a chipmaker mega-deal. …read more […]

Jefferies Healthcare Equity Strategy Jared Holz joins Yahoo Finance’s Kristin Myers to break down the latest on coronavirus vaccine developments. …read more […]