Year: 2020

Boeing earnings reflect the dual crises of COVID-19 and the grounded 737 MAX, which hasn’t flown in a year. …read more […]

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Chief Investment Strategist Alex Green and legendary news host Bill O’Reilly have done it again. The pair have formerly come together for The Great American Wealth Project in which they discussed the power of the stock market to make anyone a millionaire. And now they are back with The Smartest Investment Strategy of All Time. You won’t want to miss it.

The Smartest Investment Strategy of all Time Review
The goal of the presentation is to share a technique that is perfect for investing during volatility in the markets. It is the definitive way to know if a stock is likely to …read more […]

(Bloomberg) — Ford Motor Co.’s sagging stock fell further after the automaker forecast a more than $5 billion second-quarter operating loss due to the coronavirus pandemic’s blow to the global car industry.Volumes will decline significantly in every region during the three months ending in June, and the economic environment is too unclear to give full-year guidance, the second-largest U.S. automaker said Tuesday. Ford shares fell as much as 7.4% in late trading after closing down 42% year-to-date.The economic crisis caused by the pandemic is devastating Ford’s efforts to recover from three consecutive annual earnings declines. Chief Executive Officer Jim Hackett’s …read more […]

Advanced Micro Devices (AMD) has chopped around the $50s for a few weeks heading into Q1 earnings as work-from-home and virtual telemedicine demand has boosted the need for computers and data centers. At the same time, the shutdown of the global economy is expected to ultimately damper electronics demand in the near term while the chip company is positioned to slowly take market share from Intel (INTC).In not much of a surprise, AMD widened the annual revenue guidance range for the year due to economic uncertainty around consumer demand due to the coronavirus outbreak. The high demand in data centers …read more […]

(Bloomberg) — Advanced Micro Devices Inc. gave a lackluster forecast for the current period, suggesting the chipmaker is benefiting less than rival Intel Corp. from the surge in spending on computing to support working from home.Second-quarter revenue will be about about $1.85 billion, Santa Clara, California-based AMD said Tuesday in a statement. That compares with the average analyst estimate of $1.88 billion, according to data compiled by Bloomberg. The company said it expects annual sales growth of about 25%, which also may fall short of analysts’ projections.AMD’s stock fell about 4% in extended trading. The shares, which traded at $2.87 …read more […]

On Tuesday, AMD reported first-quarter adjusted earnings of $0.18 that were in-line with estimates. Unlike many other companies, the chipmaker did not rescind annual guidance. For the second quarter of 2020, AMD expects revenue to be approximately $1.85 billion, and expects 2020 revenue to grow by approximately 25%. …read more […]

(Bloomberg) — Bank of America Corp. sent 184,000 applications for rescue loans to the Small Business Administration from Sunday to early Monday morning.The lender is waiting for the SBA to process and approve the loans, according to an internal memo sent Tuesday by Dean Athanasia, president of the consumer and small-business division. Bank of America has 48,000 more client applications ready to submit, and has been uploading those through the SBA’s slower process, he wrote.“Today, we will communicate to each client whose application has been submitted to the SBA, advising them the loan application has been submitted, and we will …read more […]