Year: 2020

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Apple’s marketing team is leading with something other than a “better camera” this year with 5G in play. But Apple’s still sticking with its photo-first approach, just differently this time. …read more […]

Lawmakers are setting the stock market up for failure soon, says Wall Street pros. …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […] …read more […]

(Bloomberg) — Volkswagen AG’s heavy-truck division set a deadline for Navistar International Corp. to accept its takeover bid, dousing hopes for a richer offer than the $3.6 billion dangled last month.VW’s Traton SE unit said that its $43-a-share offer expires at 6 p.m. Central European Time on Friday and will be withdrawn unless it’s notified of a willingness to proceed. Navistar signaled last month it would seek a higher bid than what Traton offered.The price “represents our best and final offer,” Traton said in a letter to Navistar’s board of directors. Navistar shares plunged as much as 21% to $35, …read more […]

Billionaire founder of Microsoft (MSFT) Bill Gates hasn’t been shy about his feelings on the U.S. response to the coronavirus pandemic. …read more […]

On Monday, the company announced a Roblox IPO was confidentially filed. After a year of growth and the success of one of its competitors, Unity (NYSE: U), Roblox decided it was time for Roblox stock to hit the market.
But is Roblox a good investment opportunity? Here’s what we know…
Roblox IPO: The Business

CEO David Baszucki and former VP Erik Cassel founded Roblox in 2004. Released in 2006, Roblox is an online gaming platform and game creation system. It lets users create games and play games made by other users. Roblox’s games are free to play. However, to do more things and …read more […]

Yahoo Finance’s On the Move panel discuss the latest bank earnings. 

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Mortgage applications have slowed even as rates have reached another record. …read more […]

McLain Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -6.3% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

(Bloomberg) — Stocks fell after Treasury Secretary Steven Mnuchin said that getting a stimulus deal done before the Nov. 3 election will be difficult.Traders also parsed mixed results from some of the largest U.S, banks. Wells Fargo & Co. slumped on a 56% plunge in profit, while Bank of America Corp. slid amid an increase in trading revenue that was just a fraction of its competitors’ gains. Goldman Sachs Group Inc. outperformed after posting a surge in fixed-income revenue that pushed earnings per share to a record. Netflix Inc. rallied as some firms boosted their targets for the shares.While there’s …read more […]

Yahoo Finance’s On the Move panel discuss stocks that are moving the markets. Amazon stock down. …read more […]

Bank of America and Wells Fargo both reported earnings that missed expectations. Yahoo Finance’s Brian Cheung shares the details. …read more […]

Every investor in Lithium Americas Corp. (TSE:LAC) should be aware of the most powerful shareholder groups. Insiders… …read more […]

Anthony Wood has been the CEO of Roku, Inc. (NASDAQ:ROKU) since 2002, and this article will examine the executive’s… …read more […]