Year: 2020

Earnings from Delta Air Lines and AT&T will take centerstage Wednesday. …read more […]

Microsoft (MSFT) recently knocked Apple off the top spot for the coveted title of the world’s largest company by market cap. While Apple has felt COVID-19’s sharp impact significantly disrupt proceedings, Microsoft’s main growth driver has kept it charging ahead.What is this main growth driver? Wedbush analyst Daniel Ives believes the answer is clear. The Redmond giant’s core strength lies in its cloud offerings. The 5-star analyst implores investors to “own MSFT for the other side of this dark valley.”The dark valley for Microsoft concerns its exposure to PCs and supply chain, where roughly a third of Microsoft’s revenue lies. …read more […]

(Bloomberg) — United Airlines Holdings Inc. is seeking to raise more than $1 billion by selling shares, stepping up efforts to increase capital to survive a collapse in travel demand.The offering consists of 39.25 million shares an option for the underwriters to buy an additional 3.93 million shares, United said in a statement Tuesday. The deal is expected to price before the market opens Wednesday between $25.95 and $26.50 a share, said a person familiar with the matter. That would be a discount of as much as 6.9% to the last closing price.The share sale, the first by a major …read more […]

As I’m sure you know, I was one of the first analysts to say, “buy Clorox!” This was at the very beginning stages of the coronavirus pandemic back in February.
That singular piece of advice allowed War Room members (including you) to not only survive the corona crash but also thrive – all while other investors are losing.
Now I’m using the same selection methodology to make today’s newest pick.
Check out what I have to say in this week’s Trade Talk Tuesdays.
You don’t want to miss it!
Click the play button below to learn more…

For full instructions on how to play picks like …read more […]

We are about to see a mass extinction event.
One on a scale we have never seen before.
On Monday, the price of U.S. crude oil plummeted not just below $1 but into negative territory for the first time ever.
Black gold was shredded for a one-day drop of more than 300%!
To say it was the most catastrophic day in crude’s history feels like an understatement.
There’s no day that comes anywhere close.
But this is the exact situation we’ve been fearing.
This is the setup I’ve been trying to warn investors about not just for weeks… but for years.
I’ve preached that not only is “peak …read more […]

Dan Dicker, founder of The Energy Word, joins Yahoo Finance Live to discuss the historic turn that oil has made and what investors need to know moving forward in the market. …read more […]

First quarter earnings season officially kicked off on April 14. What are the numbers telling us so far?
The economy is bad. Really, really bad.
The big banks kicked things off and made it very clear that the world has changed. These companies reported huge hits to earnings as a result of taking billions of dollars of loss provisions to prepare for loans turning bad.

The banks are a bellwether of the economy. Their loss provisions are based on what they are seeing on the front lines from their customers.
It’s no shock that what the banks are seeing is bad. The economic …read more […]