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Trading Ideas

3 “Strong Buy” Stocks for the 5G Revolution in 2020

5G could be the key growth driver for “tech” stocks in 2020.That’s the upshot of a new report out of investment bank Needham this week, as its analysts report back from the just-ended Consumer Electronics Show in Las Vegas. Accelerating sales of both handsets and the infrastructure needed to make them work will provide a “major growth catalyst” for semiconductor-makers in particular, and tech in general, opines Needham, accelerating off a slowdown in the second half of 2019.”5G handset roll-outs [will accelerate] throughout 2020, especially in the 2H,” culminating in total phone sales of perhaps 200 million by the time …read more […]

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Trading Ideas

U.S. to review petition seeking formal defect probe into 500,000 Tesla vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended acceleration reports. The petition covers 2012 through 2019 model year Tesla Model S, 2016 through 2019 Tesla Model X, and 2018 through 2019 Tesla Model 3 vehicles, the agency said. …read more […]

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Business News

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere – sources

China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said.

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Business News

Exclusive: China’s Ant aims for $200 billion price tag in private share sales – sources

Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.

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