A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp over an abandoned $3 billion tender offer for the office space-sharing start-up.
Shares of AMC Entertainment got a much needed bump after Amazon reportedly expressed interest in buying the movie theater chain. Yahoo Finance’s Dan Howley joins Seana Smith to discuss. …read more […]
COVID-19 has devastated the global economy and the oil market, but both the economy and the oil market look set to begin their respective recoveries in the near-future …read more […]
Billionaire Richard Branson’s Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic.
One economist’s consistently flawed predictions serve as a nearly perfect contrarian indicator.
Today, Alexander Green explains why this man’s coronavirus predictions are paying off yet again.
The market’s historic bounce off the March 23 bottom has gone on longer and driven share prices higher than most investors expected.
(But not us. I issued a Portfolio Update to my Oxford Communiqué subscribers on March 24 with the headline “It’s Time to Load Up Again.”)
Indeed, the Nasdaq hit a new high for the year last week.
This has left many economists, analysts and other financial “experts” scratching their heads, insisting that the rebound makes no sense.
Wrong.
The …read more […]
The S&P 500 inched higher on Monday as investors balanced caution over new spikes in coronavirus infections with expectations that an economy crippled by mandated shutdowns will soon be re-opened for business.
It’s good to see businesses emerge from the worst of the COVID-19 …read more […]
Fundstrat Global Advisors Managing Partner & Head of Research Tom Lee joins Yahoo Finance’s Zack Guzman to break down the latest market action, and discuss what Bitcoin’s third halving could mean for investors. …read more […]
The S&P 500 ticked higher on Monday as gains in healthcare and technology stocks countered losses in financials, while investors kept an eye on new coronavirus cases as several countries ease lockdowns.
Tesla CEO Elon Musk announced on Twitter that he plans to sue California’s Alameda Country over a disagreement about the company’s factory reopening. Yahoo Finance’s Rick Newman joins the On The Move panel to weigh in on Tesla potentially moving its headquarters and future operations during the virus pandemic. …read more […]
Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. We’ll apply a basic… …read more […]
California should do whatever is necessary to help electric carmaker Tesla Inc reopen its only U.S. vehicle factory, U.S. Treasury Secretary Steven Mnuchin said on Monday.
(Bloomberg) — Chesapeake Energy Corp. discarded its full-year outlook, wrote down the value of $8.5 billion in assets and revived concerns one of the biggest U.S. natural gas suppliers is on the verge of financial collapse.The Oklahoma City driller hired strategic advisers and may seek Chapter 11 bankruptcy protection as Covid-19 lockdowns slashed energy demand and triggered a record quarterly loss, the company said Monday in a federal filing.Once a contender for the title of biggest American gas producer, the shale driller co-founded by the late Aubrey McClendon has been struggling for most of the past decade under a staggering …read more […]
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