Trading Ideas
Impossible Foods CEO slams 'the most destructive technology on Earth by far': Tech
Weekly highlight of Yahoo Finance’s top tech news, features and analyses. …read more […]
Year: 2020
Trading Ideas
Coupa Is Gunning for SAP Concur’s Share of the Travel Expense Business
SAP Concur has a target on its back. After all, the unit of the German software giant boasts the largest market share for helping the world’s largest companies manage their travel expenses. Yet new rivals — Coupa, an expenses management company, and a group of brands including Certify and Chrome River that a private equity […] …read more […]
Business News
Deere bets on cost cuts, services push to boost profits
Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable.
Trading Ideas
How We Knew Advanced Micro Devices Stock Would Be Lower Today
What a crazy 24 hours it’s been in the markets…
I don’t know if you kept an eye on the aftermarket futures, but the Dow futures were indicating a move of negative 400 after Iran retaliated for the U.S. killing its top general by launching more than a dozen ballistic missiles at multiple bases housing U.S. troops in Iraq.
But then this morning, reports said that no U.S. service members were hurt in the attacks, which sparked a major turnaround.
As the market opened today, that 400-point loss on the Dow was trimmed to only 43 points. That was quite a major turnaround.
And …read more […]
Trading Ideas
Why 2020 Should Be Your Year to Buy Life Insurance
Life insurance provides peace of mind, so don’t keep putting it off. …read more […]
Business News
Oil slumps, stocks soar as Mideast conflict worries fade
Oil prices tumbled and equity markets soared on Wednesday after U.S. President Donald Trump said an Iranian missile strike on bases in Iraq had not harmed U.S. troops and damage was minimal, showing Tehran wanted to de-escalate the Middle East standoff.
Trading Ideas
Gold could hit $3,000 by 2025: expert
Gold prices pulled back after hitting $1,600 for the first time in seven years. But one strategist says it’s only getting started. …read more […]
Business News
Oil dives as U.S., Iran tensions ease and on U.S. crude build
Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.
Business News
S&P 500 hits record high as concerns fade over U.S.-Iran escalation
U.S. stocks climbed on Wednesday, with the S&P 500 and the Nasdaq hitting record highs, after President Donald Trump’s comments eased fears of an all-out conflict in the Middle East.
Business News
Ghosn: I thought Versailles palace party venue was a gift
Former Nissan-Renault boss Carlos Ghosn said on Wednesday he had not initially paid to hold a family party in the grounds of the sumptuous Versailles Palace because he thought the palace was offering him the use of the venue for free.
Business News
McDonald’s expands Beyond Meat plant-based burger trials in Canada
McDonald’s Corp said on Wednesday it will expand its trial in Canada of vegan burgers made by Beyond Meat as the world’s biggest fast food chain tests the viability of a broader rollout.
Trading Ideas
6 Guru Stocks Beating the Market
Autodesk makes the list Continue reading… …read more […]
Trading Ideas
SoftBank Is No Longer Getting a Pass
WeWork was one of the biggest debacles of 2019. It was on the verge of IPOing at a $47 billion valuation as a high-flying tech startup oozing with untapped upside.
Instead, investors saw a flawed and poorly executed real estate play.
Its valuation plunged by $40 billion… all the way down to $7 billion. And that was its best-case scenario.
If not for the bailout from its biggest investor, SoftBank, WeWork would probably have gone under. And its overpriced real estate holdings would have been sold off for pennies on the dollar.
That didn’t happen. Still, WeWork should have served as a hard lesson …read more […]
Business News
Walgreens misses profit estimates on pharmacy weakness, shares fall 7%
Walgreens Boots Alliance Inc’s quarterly profit missed Wall Street estimates on Wednesday, hit by lower payments from insurers on drugs sold at its U.S. pharmacies, knocking back its shares and those of rival CVS Health Corp .
Trading Ideas
6 Stocks With Low Price-Earnings Ratios
Micro Focus International tops the list Continue reading… …read more […]