Month: November 2020

Semiconductor stocks have been on a tear in 2020, but the same cannot be said about one of the sector’s heavyweights – Micron (MU).Hampered by a series of negative macro events and the loss of a big chunk of revenue due to the recent ban on Huawei, the company has suffered at the hands of Mr. Market and has been struggling to swing into the green in 2020.However, despite the company issuing soft estimates, the stock has mostly trended upwards since late September when Micron delivered strong FQ4 results.So, is the trend likely to continue?Based on competitor SK Hynix’ latest …read more […]

Mark Hamrick, Bankrate.com Senior Economic Analyst, joined Yahoo Finance Live to discuss his biggest takeaways from the October jobs report and what it signals for the future of the labor market. …read more […]

The 2 funds seek capital appreciation in stocks that pay dividends …read more […]

Nouriel Roubini, professor of economics at New York University’s Stern School of Business and CEO of Roubini Macro Associates, joined Yahoo Finance Live to give his take on Bitcoin and his outlook for the economy. …read more […]

There are lots of great apps out there for traders. But in this M1 Finance review, we’ll show you why this online brokerage is ideal not just for traders… but for investors as well.

Where the name M1 Finance comes from is a bit of a mystery. So, we’re not saying it comes from the M1 carbine – the standard firearm in the U.S. military for decades – but the two do share some similarities. For instance…

The M1 carbine was lightweight and practical. M1 Finance fits anywhere your smartphone does and offers the chance to easily invest from anywhere.
The M1 carbine …read more […]

Yahoo Finance’s Alexis Christoforous and Landon Luxembourg, Third Bridge senior analyst, discuss Peloton earnings. …read more […]

(Bloomberg) — Palantir Technologies Inc. surged on Friday as Democrat Joe Biden moved closer to a victory in the U.S. presidential election.The stock rose as much as 26%, the most since its direct listing in September as many investors expect defense spending would be cut under a Biden administration.Palantir, which was co-founded by Peter Thiel, counts the U.S. Defense Department among its largest customers and could benefit from reduced spending because its software often costs less than similar offerings from traditional defense contractors.Its shares could also be benefiting from short sellers exiting their positions as the stock rises, according to …read more […]

(Bloomberg) — Biogen Inc.’s experimental Alzheimer’s disease therapy failed to gain support from a panel of U.S. Food and Drug Administration advisers on Friday, putting the drug at a crossroads as the agency weighs approval.The advisers voted 8 to 1, with 2 undecided, that data from a single clinical trial with positive results was insufficient to show the drug works in light of conflicting evidence from a different trial. The vote contradicts a report FDA reviewers prepared ahead of the meeting that supported the efficacy of the drug, called aducanumab, though there was dissent in the agency.Shares of Biogen were …read more […]

Fundstrat’s Tom Lee nailed the March market bottom. Now, he says the VIX is proving that the stock market doesn’t care too much about Trump’s election challenge. …read more […]

This guest post has been written by our friend Melissa Brock over at Benzinga, where you can find reviews for many financial products that could help you secure your financial future. In the following article, Melissa explains all the steps you should be taking to learn how to build an emergency fund and why it’s so important to do so. By the time you finish reading, you’ll know exactly what to do.
In your heart of hearts, you know you need an emergency fund. But how do you build one? How do you save for it? What is it, really?
We’ll supply …read more […]

Cannabis stocks have been red-hot following Tuesday’s election. The skyrocketing marijuana group has been led by Aurora Cannabis Inc. (NYSE: ACB), which is up 135% in the past two days alone.Voters in New Jersey, Arizona, South Dakota and Montana legalized recreational marijuana use on Election Day, while South Dakota and Mississippi also legalized medical marijuana.Related Links: Cannabis Stocks Rebound As Dust Settles Following US ElectionThe new state cannabis laws will expand the legal U.S. marijuana market, but the massive moves in weed stocks suggest something may be brewing that is much larger than the handful of states that voted to …read more […]

AT&T’s efforts to unload DirecTV make the latter’s eventual combination with Dish Network all the more “inevitable,” Dish chairman Charlie Ergen said Friday. The pay-TV rabble-rouser has used that word before to describe the longtime satellite rivals, and he stipulated during a call with Wall Street analysts after Dish’s third-quarter results that he had no […] …read more […]

With the saturation coverage of this week’s historic election, investors may have overlooked some awfully good news lately.
The economy has improved dramatically.
And stocks – which rallied sharply this week – are busy reflecting this reality.
In the past 10 days, we’ve learned that…

The U.S. economy grew at a galloping 33.1% rate in the third quarter.
An accompanying report revealed that new jobless claims declined by 40,000 in one week, to the lowest level since March 14, when the economic lockdown was about to begin.
The economy has already recovered about half of the 22 million jobs lost in March and April.
Consumer spending – …read more […]

Cannabis stocks have been on fire since Election day, and two of the hottest cannabis stocks have been Aurora Cannabis Inc (NYSE: ACB) and Tilray Inc (NASDAQ: TLRY).The huge moves in Tilray and Aurora over the past two days triggered some unusually large option trade on Friday as traders make massive bets on where cannabis stocks are headed next.Related Link: Cannabis Stocks Rebound As Dust Settles Following US ElectionThe Trades: On Friday, Benzinga Pro subscribers received dozens of option alerts related to unusually large trades of Tilray and Aurora options. Here are a handful of the biggest Tilray trades: …read more […]

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