Year: 2020

(Bloomberg) — Zoom Video Communications Inc. Chief Executive Officer Eric Yuan said the company will do a better job integrating office chatroom products from Slack Technologies Inc. and Microsoft Corp., betting that cooperation is better than competition for the software maker’s growth.“Chat is a very important functionality for our overall usage,” Yuan said Wednesday during an online meeting with analysts. “The core priority is how to further improve the integration between chat, video and voice.”Customers are satisfied with Zoom’s current chat sidebar during videoconferences and the company isn’t interested in chasing Slack and Microsoft Teams by delving further into the …read more […]

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Third Bridge Global Sector Lead Peter McNally joins The Final Round to break down his thoughts on United Airlines’ quarterly earnings and his thoughts on the broader, struggling airline industry. …read more […]

Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Simon Property Group’s dividend safety.
When mall owner Simon Property Group (NYSE: SPG) reports third quarter results in a few weeks, it will be perhaps the most important earnings report in its history. Brick-and-mortar retail has gotten crushed in 2020.
While malls were already facing stiff competition from online competitors, the pandemic temporarily shut retailers’ doors during the spring and many are still experiencing drastically reduced traffic.
So shareholders will be watching Simon’s earnings report closely to see whether its generous 7.7% dividend yield is sustainable.
Now, keep in mind, the company already …read more […]

KELOWNA, BC, Oct. 14, 2020 /CNW/ – The Valens Company Inc. …read more […]

United Airlines reported third-quarter results on Wednesday that missed the Street’s estimates. The airline’s passenger revenue was down 84% year-over-year. Meanwhile, daily cash burn fell to $25 million on an average in Q3, from $40 million in Q2. Emily McCormick breaks down the company’s financial results on The Final Round. …read more […]

Many commodities have supply-and-demand surpluses and shortages.
Nickel is no exception.
It’s the fifth-most-common element on Earth. It occurs naturally in the form of oxides, sulfides and silicate minerals.
Nickel has many key roles in the industrial world. It has high strength, is corrosion resistant, is highly pliable, and has good thermal and electrical conductivity.
Stainless steel production accounts for two-thirds of all nickel use, but the metal has many other applications.

Today, battery manufacturing accounts for only 2% of all nickel produced. But that is about to change.
Electric vehicle manufacturers are beginning to replace the cobalt in their batteries with nickel.
Cobalt is rare and …read more […]

“We’re ready to turn the page on seven months that have been dedicated to developing and implementing extraordinary and often painful measures, like furloughing 13,000 team members, to survive the worst financial crisis in aviation history,” said United CEO Scott Kirby. Chicago-based United said its daily cash burn slowed to an average $25 million in the quarter ended September from $40 million in the second quarter, and included $4 million per day in severance and debt payments. United furloughed thousands of employees this month as a second round of payroll relief from Washington has so far failed to materialize, but …read more […]

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Apple has debuted its all-new iPhone 12 with 5G technology. But 5G networks and apps still aren’t ready for showtime. …read more […]

Yahoo Finance’s Akiko Fujita and Emily McCormick discuss outlook for United Airlines, which is set to report quarterly earnings after the bell today. …read more […]

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to… …read more […]

As artificial intelligence and 5G technologies expand into more and more niches, and pick up more customers and users, the demand for semiconductor chips is growing – and the chip industry has proven resilient in the face of coronavirus and a general economic turndown. The iShares PHLX Semiconductor ETF (SOXX) is up 32% year-to-date, beating the S&P 500’s 8% gain.The strength of the chip industry has attracted notice from some of Wall Street’s top stock analysts. These analysts aren’t just looking at the big names in the chip industry; the less well-known, mid-cap companies have also been sparking analyst interest. …read more […]

(Bloomberg) — America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp.“It’s just going to be too difficult to replace the 2 million barrels a day of production that we’ve lost, and then to further grow beyond that,” Chief Executive Officer Vicki Hollub said Wednesday at the Energy Intelligence Forum. “Over the next three to four years there’s going to be moderate restoration of production, but not at high growth.”Occidental is one of the biggest producers in the U.S. shale …read more […]

The Department of Labor is set to release its weekly report on unemployment insurance claims Thursday at 8:30 a.m. ET. …read more […]