Stocks are rallying as voters flock to the polls on election day. AGF Chief Strategist Greg Valliere joins Yahoo Finance Live to discuss. …read more […]
Miller Value Partners recently released its Q3 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 13.01% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Miller Value Partners’ top […] …read more […]
The financial expert and radio host says Americans stay poor because of these blunders. …read more […]
(Bloomberg) — Alibaba Group Holding Ltd.’s U.S.-traded shares tumbled as much as 9.7% Tuesday after Ant Group Co., the finance affiliate also founded by Jack Ma, said its listings in both Shanghai and Hong Kong have been suspended.Ant’s listing in Shanghai was halted amid changes in the regulatory environment, according to a statement, which didn’t provide further details. With the initial public offering in Hong Kong also on hold, Ant’s $35 billion share sale is in limbo.Alibaba owns about a third of the payments company, which was expected to begin trading on both exchanges on Thursday. Its American depository receipts …read more […]
Yahoo Finance’s Julie Hyman, Myles Udland, and Brian Sozzi break down the earnings reports for Wayfair and PayPal. …read more […]
Yahoo Finance’s Myles Udland, Brian Sozzi, and Julie Hyman break down what’s moving markets on Tuesday. …read more […]
Ahead of the U.S. presidential election results, the October jobs report and a Federal Reserve meeting, Wall Street is seeking to bounce back from the market’s worst week since March.Sure, plenty of uncertainty hangs in the balance, with investors worried that the election outcome will be contested. However, some Wall Street pros argue that even if there’s a post-election decline, it will likely be temporary. Then, after any panic or shock dissipates, the market could tick back up again. To this end, any weakness following the election could present investors with an opportunity to snap up compelling stocks at more …read more […]
(Bloomberg) — China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering.The Shanghai stock exchange will suspend the listing after Ma was called in for “supervisory interviews” by related agencies, it said in a statement Tuesday. There was “significant change” in the regulatory environment and “such major issues could lead to your company not longer complying with requirements on listing or information disclosure,” the statement said.The Hong Kong leg will also be suspended, Ant said in a filing shortly after the Shanghai announcement. The fintech company’s …read more […]
Proposition 22 would classify app-based transportation and delivery drivers as independent contractors, exempting companies from Assembly Bill 5, which forces certain companies to reclassify workers as employees. …read more […]
The creator of this safe savings rule says people always oversimplified his advice. …read more […]
(Bloomberg Opinion) — Fox News needs Donald Trump to win — but not for the reason you think. A press release landed in media reporters’ inboxes last week: “Fox News Channel Earns Highest-Rated Primetime Monthly Average in the History of Cable Led by Tucker Carlson Tonight.” Carlson, Fox’s biggest moneymaker, drew more than 5 million viewers on average to his show last month, with Sean Hannity’s program close behind. Ratings for Fox News overall surged 43% during the third quarter from a year earlier as it moderated the first U.S. presidential debate and covered the race — and the …read more […]
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]
(Bloomberg) — China has suspended the Shanghai leg of Ant Group Co.’s $35 billion offering, potentially derailing the world’s biggest initial public offering.The Shanghai stock exchange will suspend the listing amid changes in the regulatory environment, it said in a statement Tuesday without providing further details. The debut was expected for Thursday, the same day as the Hong Kong portion.The shock move comes after China’s regulators warned that Jack Ma’s firm faces increased scrutiny and will be subject to the same restrictions on capital and leverage as banks. Ma, Ant’s billionaire co-founder, was summoned to a rare joint meeting on …read more […]
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… …read more […]
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