Trading Ideas
Guess Which Stocks Warren Buffett Bought: 4th-Quarter Contest
Win a free book just for knowing the Oracle of Omaha’s mind Continue reading… …read more […]
Year: 2020
Business News
Airbus likely to acquire Bombardier’s remaining stake in A220 passenger jet: sources
Europe’s Airbus SE is likely to acquire Canadian plane and train maker Bombardier Inc’s remaining stake in the A220 passenger jet program, two industry sources said.
Business News
Apple to delay reopening of retail stores in China
Apple Inc is extending its retail store closures in China due to the coronavirus outbreak, even as it worked toward opening its corporate offices and contact centers, the iPhone maker said on Friday.
Business News
White House dismisses idea of U.S. buying Nokia, Ericsson to challenge Huawei
U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.
Business News
Indexes drop from record highs, but tally strong weekly gains
Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid gains for the week.
Trading Ideas
Short-seller calls Dropbox a 'slowly melting business,' sees 25-60% downside
A forensic accountant, Ben Axler has some questions about the cash flow statement. …read more […]
Trading Ideas
Reading Between the Lines of Last Week’s Fed Meeting
The Federal Reserve had its first meeting of 2020 last Wednesday.
Typically, after a meeting, the Fed will make three moves…
First, it will issue a brief statement, which it did last Wednesday.
Then, periodically, the chairman – currently Jerome Powell – will have a press conference. But we got no press conference from the Fed last week.
Finally, the month after the meeting, the Fed minutes will be issued.
These three forms of communication are some of the most closely parsed words in the world.
But when a Fed chair is new, they sometimes make rookie mistakes.
For example, then-Fed Chair Ben Bernanke, who shepherded the …read more […]
Trading Ideas
Coronavirus update: Business impact widens as China fights to get infections under control
China’s deadly coronavirus outbreak continues to threaten multi-national companies, as a range of businesses from leisure to retail suffer from the outbreak’s after-effects. …read more […]
Trading Ideas
Hollywood A-listers support Bernie and Mayor Pete, snub Trump and Bloomberg
Who are the Oscar nominees supporting in the 2020 election? …read more […]
Trading Ideas
Casper Sleep Slips Below IPO Price on Second Day as Public Firm
(Bloomberg) — Bed-in-a-box seller Casper Sleep Inc., already worth less than half the valuation it reached as a private company, sunk below its initial public offering price on its second day of trading.Casper shares fell 18% Friday to $11.05 in New York trading, below the $12 offer price in its IPO this week. The New York-based company ended the week with a market valuation of $438 million after being being valued at $1.1 billion in a private funding round last year.Friday’s decline shows investors have grown skeptical of money-losing unicorns — startups whose private valuations reached $1 billion or more. …read more […]
Business News
Stocks retreat from record but notches strong week
Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid gains for the week.
Trading Ideas
Coronavirus spurs wave of U.S. flight cancellations
The coronavirus is striking a blow to U.S. airlines as they are forced to cancel flights amid decreased travel to and from China. Yahoo Finance’s Seana Smith and Alexis Keenan discuss. …read more […]
Trading Ideas
'Most of the job growth is happening with people over age 55': Economist
A growing older-age working class population could be one factor keeping wage growth from accelerating further, according to at least one economist. …read more […]
Trading Ideas
Earnings Follow-Up: 47% Gains Overnight on Twitter
The post Earnings Follow-Up: 47% Gains Overnight on Twitter appeared first on Investment U. …read more […]
Business News
More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs
Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week.