Year: 2020

The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. …read more […]

Uber reported its Q3 2020 earnings after the bell on Thursday, beating analysts’ expectations for the quarter. …read more […]

(Bloomberg) — Cannabis companies rallied on Thursday, reversing a slump the day before, on renewed optimism over the lifting of restrictions on marijuana sales in five states this week.Stocks moves gathered steam in the afternoon session after New York State’s governor Andrew Cuomo told a local radio station that New York State would look to legalize recreational pot next year. The nation’s fourth most populous state was on track to legalize this year before Cuomo scuttled plans in March.Aurora Cannabis Inc., Tilray Inc. and Aphria Inc. led the advance, with double-digit gains. Aurora’s stock rose as much as 40%, while …read more […]

Voters in Arizona, Montana, New Jersey, South Dakota, and Mississippi approved to relax marijuana laws on Tuesday. Curaleaf CEO Joe Lusardi joins Yahoo Finance’s Zack Guzman to discuss why more states are looking to legalize recreational marijuana and weigh in on the outlook for the cannabis industry. …read more […]

In this latest stock market and period of new IPOs, there are a lot of people on the Street clamoring about where a stock is selling, or its “multiple.” The reference is to the P/E ratio. While it’s one of the oldest and most frequently used metrics, it can also get you into some trouble if taken out of context.
In this article, we will define the P/E ratio, explain what it is and how you should use it. Although it can reveal important information about a company, it’s also important to understand its limitations when evaluating a company.

What Is …read more […]

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that… …read more […]

Sociedad Química y Minera de Chile’s (NYSE:SQM) stock is up by a considerable 19% over the past three months. Given… …read more […]

In a decision on Wednesday, U.S. District Judge Yvonne Gonzalez Rogers said shareholders led by a UK pension fund can sue over Cook’s comment on a Nov. 1, 2018, analyst call that while Apple was facing sales pressure in some emerging markets, “I would not put China in that category.” Apple told suppliers to curb production a few days after Cook spoke, and on Jan. 2, 2019, unexpectedly cut its quarterly revenue forecast by up to $9 billion, which Cook blamed in part on pressure on China’s economy from U.S.-China trade tensions. …read more […]

In this article we are going to estimate the intrinsic value of Rackspace Technology, Inc. (NASDAQ:RXT) by taking the… …read more […]

The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done. …read more […]

Greenhaven Road Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Greenhaven’s estimated returns for the third quarter totaled approximately +50% net of fees and expenses. August was the best month in the partnership history. The net result is that both funds are up around 55% for the year, […] …read more […]

(Bloomberg) — Oil edged lower as investors awaited the outcome of the tightly contested U.S. presidential election, with Joe Biden on the brink of claiming a victory.Futures in New York were trading below $39 a barrel after bouncing between gains and losses earlier. While predictions for a split Congress is fueling optimism that there will be no major changes to taxes or regulations that have underpinned an equity bull market, it also raises the likelihood of any post-election virus aid package likely being smaller than initially expected.A demand recovery is much needed in the oil market, which is contending with …read more […]

Former Vice President Joe Biden’s lead is widening against President Trump as battleground states continue to count votes. Former Speaker of the Florida House and Weatherford Capital Managing Partner Will Weatherford joins Yahoo Finance Live to discuss. …read more […]

As you might know, PayPal Holdings, Inc. (NASDAQ:PYPL) recently reported its quarterly numbers. It looks like a… …read more […]

Dan Roberts breaks down Bitcoin’s recent price action, which recently hit $14,500 (its highest level since January 2018) and what’s next for the cryptocurrency. …read more […]