Trading Ideas
Bezos asked to testify before House Judiciary Committee
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Heidi Chung break down the market action for Amazon. …read more […]
Year: 2020
Business News
Think Wall Street’s back to normal? Not so fast, options markets say
Options investors are preparing for more volatility ahead despite last month’s sharp rebound in U.S. stocks, reflecting doubts that markets will be quick to return to their former highs in the middle of the coronavirus pandemic.
Business News
Embraer suffered ‘pain’ in preparing Boeing deal, commercial head says
The head of the commercial aircraft unit of Embraer defended the benefits of a $4.2-billion tie-up abandoned by Boeing Co but said the Brazilian aerospace group was focusing on its future as a re-united company.
Business News
Ford Chairman’s daughter joins board of directors at EV startup Rivian
Ford Motor Co said on Friday Executive Chairman Bill Ford Jr’s daughter would immediately join electric vehicle startup Rivian’s board of directors.
Trading Ideas
Tesla stock price target boosted for strong margins
Tesla reported a surprise profit and better-than-expected margins for the first quarter. As a result, Canaccord Geunity analysts raised their price target for Tesla Inc (NASDAQ:TSLA) stock from $400 to $650 per share, although they maintained their Hold rating on the shares. Tesla margins, profit surprise The automaker reported earnings of $1.24 per share on […] …read more […]
Business News
Take Five: Trade winds to blow again?
China has headed off on Labour Day holidays but its leaders won’t be resting easy. U.S. President Donald Trump has ratcheted up anti-China rhetoric again. He is threatening trade tariffs to punish Beijing for its alleged failure to contain the coronavirus, even accusing a Chinese lab of manufacturing the pathogen.
Business News
U.S. Republicans push for coronavirus lawsuit immunity for business
The top Republicans in the U.S. Congress displayed a united front on Friday in their drive to include coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation.
Trading Ideas
Why Netflix Is A Buy Right Now!
I’m interested in growth because I’m young and my risk tolerance is higher. Companies that pay dividends don’t appeal to me because I don’t need the recurring income, as I have a job to pay my bills. I would rather see companies use that money to fuel their growth in the short and long term. […] …read more […]
Business News
Big Mac at a distance: Dutch McDonald’s trials virus-proof restaurant
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald’s restaurants in the Netherlands when they are allowed to reopen.
Trading Ideas
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Gilead Hit With Downgrades on Questions of Remdesivir Profit
(Bloomberg) — A Gilead Sciences Inc. analyst advised investors to take their profits on the company’s $26.5 billion surge amid uncertainty on how the drugmaker could generate revenue from its Covid-19 drug candidate, remdesivir.The biopharmaceutical company’s plan to make the drug “affordable” and give away free doses for the time being clouds expectations of how it can use the medicine to turn a profit, SunTrust analyst Robyn Karnauskas warned clients in a note, downgrading the stock to sell from hold.“While we commend Gilead and do believe during this pandemic the company is doing the right thing, fundamentally we find the …read more […]
Business News
Wall Street slides at open as Trump warns of new tariffs on China
U.S. stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.
Business News
Ryanair boss decries ‘state aid doping’ as airline sheds 3,000 jobs
Ryanair is laying off 15% of its staff in a cost-cutting drive as coronavirus restrictions prevent a return to normal service until 2021 and rivals receive billions in state aid to get back in the air, its chief executive said on Friday.
Business News
Wall Street set to slide at open as Trump warns of new China tariffs
U.S. stock indexes were set to fall at the open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.
Trading Ideas
Column: How Cedars-Sinai got sucked into the battle over Trump's claim of a COVID-19 treatment
Cedars-Sinai is embroiled in a political battle over Trump’s remarks on a potential virus treatment. …read more […]