Year: 2020

(Bloomberg) — China warned Jack Ma and senior Ant Group Co. executives that the fintech giant will face new curbs on its expansion, highlighting growing regulatory risk for the world’s largest initial public offering just days before its trading debut.Ma, Ant’s billionaire co-founder and one of China’s most powerful businessmen, was summoned to a rare joint meeting on Monday with the country’s central bank and three other top financial regulators. While neither side disclosed details of what was discussed, people familiar with the matter said Ant’s leadership team was told the company will face increased scrutiny and be subject to …read more […]

The election is tomorrow!
Holy $^@#!
If you’re concerned about how the markets will react – you’re not alone.
Stock markets hate uncertainly, and this is BY FAR the most uncertain election we’ve ever faced in our lifetimes.
That’s why I’m inviting you to a special Election Survival Summit.
It all happens on Wednesday, November 4, at 1 p.m. ET.
That’s the first day the markets are open after the election.
Biden win? Trump upset? No clear winner named?
Who knows?
But no matter the outcome…
Karim and I will take you into the markets – LIVE – and tell you exactly how to get positioned for any post-election-related volatility.
We’ll …read more […]

Alexis Christoforous and James Hardiman, Wedbush Leisure analyst, discuss cruise outlook after Norwegian extends cancellations. …read more […]

Well, tomorrow is it – the day we start waiting weeks for the final election results and fighting over whatever the 2020 version of hanging chads is.
There is a lot of built-up anxiety surrounding the election, and regardless of what happens, nearly half of the country is going to be bitterly disappointed.
At best, there will be protests in the streets. I don’t even want to think about “at worst.” The loser is likely to claim that the election was stolen. It’s going to be an emotional time.
One thing we know is that emotions and money do not mix.
I’ve never once …read more […]

Stock futures opened slightly higher Monday evening ahead of Election Day, as investors weighed a host of possible outcomes against a backdrop of an ongoing pandemic and lingering economic strain. …read more […]

Yahoo Finance’s Alexis Christoforous and Dan Howley discuss how big tech could be in the crosshairs no matter the election results. …read more […]

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Mondelez reported Q3 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Revenue for the quarter came in at $6.67 billion versus the consensus estimate of $6.48 billion. …read more […]

PayPal shares turned lower after the bell on Monday despite strong e-commerce sales figures. …read more […]

Why is economic inequality growing in America? Blame the lack of tax enforcement. …read more […]

Stocks rose Monday before paring some gains ahead of a busy week of potentially market-moving events. Election Day in the U.S., a Federal Reserve meeting, the October jobs report and a slew of corporate earnings results are all on deck. Yahoo Finance’s Jared Blikre, Seana Smith, and Adam Shapiro break down today’s market action on Yahoo Finance Live. …read more […]

The gig economy is on the ballot in California on election day. Akiko Fujita joins Yahoo Finance Live to break down Prop 22 and what it means for the gig economy and gig economy workers in California if it is passed. …read more […]

Sam Stovall, CFRA Chief Investment Strategist, joined Yahoo Finance Live to discuss his market outlook ahead of the Presidential election and why he says investors are expecting a Biden win as well as a blue wave. …read more […]

Former Fox News host Bill O’Reilly invited me on No Spin News last week to discuss the investment implications of tomorrow’s elections.
How the markets react in the weeks and months ahead will depend partly on whether former Vice President Joe Biden or President Donald Trump wins.
But another major factor is whether the Republicans maintain a Senate majority or it flips to the Democrats.
For example, a Trump presidency with a Democratic Senate – or a Biden presidency with a Republican Senate – would mean more gridlock, as the two parties can’t even agree on what to have for lunch.
(Gridlock, however, is …read more […]

In this article we will check out the progression of hedge fund sentiment towards American International Group Inc (NYSE:AIG) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […] …read more […]