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Alibaba Group Holding (BABA) Has Risen 63% in Last One Year, Outperforms Market

If you are looking for the best ideas for your portfolio you may want to consider some of Del Principe O’Brien Financial Advisors top stock picks. Del Principe O’Brien Financial Advisors, an investment management firm, is bullish on Alibaba Group Holding Limited (NYSE:BABA) stock. In its Q2 2019 investor letter – you can download a […] …read more […]

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U.S. tightens exports to China's chipmaker SMIC, citing risk of military use

The United States has imposed restrictions on exports to China’s biggest chip maker SMIC after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing International Corporation will now have to apply for individual export licenses, according to a letter from the Commerce Department dated Friday and seen by Reuters. The latest move marks a shift in U.S. policy from earlier this year, when applicants seeking “military end user” licenses to sell to SMIC were told by the Commerce Department that the licenses weren’t necessary, …read more […]

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SPAC Investing: What, Why and Common Questions from Investors

SPAC investing is becoming increasingly popular. As more companies choose this method of going public, more investors are curious about investing in SPACs. Let’s take a look at what it is and how SPAC investments work.
What is a SPAC?

A SPAC is a special purpose acquisition company. Also known as blank-check companies, these companies have no business operations. The company is formed to raise funds in an initial public offering (IPO). It then uses the funds to acquire a private company, effectively bringing it to the public market.
SPACs are usually formed by investors with knowledge and experience in a particular industry …read more […]

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FAA chief set to conduct 737 MAX evaluation flight next week

Federal Aviation Administration (FAA) Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week, a key milestone as the U.S. planemaker works to win approval to resume flights, the agency told lawmakers. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people. Dickson, who was previously a commercial airline pilot, plans to undergo simulator training before the flight and will then share his observations with FAA technical staff. …read more […]

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TikTok Judge Schedules Sunday Hearing as Trump’s Ban Looms

(Bloomberg) — A federal judge scheduled an unusual Sunday morning hearing to decide whether the U.S. can go through with its ban on the video-sharing app TikTok.ByteDance Ltd., TikTok’s Chinese owner, has asked the court to block the ban, set to begin on Sunday night, even as it pursues approvals from the government for the sale of a stake in its U.S. operations to Oracle Corp. and Walmart Inc. under pressure from President Donald Trump.Trump cited national security last month in announcing a ban on the widely used network from U.S. app stores. The president, who has also barred WeChat, …read more […]