No Picture
Trading Ideas

WeChat Avoids Ban After Federal Judge Blocks Trump Executive Order

Smartphone messaging app WeChat has averted a U.S. ban.A federal judge in California temporarily blocked the Trump administration’s executive order preventing Americans’ use of WeChat, a social network owned by Shenzhen, China-based Tencent Holdings (PINK: TCEHY).U.S. Magistrate Judge Laurel Beeler entered the order Sunday for a preliminary injunction blocking the federal ban on U.S. downloads from going into effect, which was slated for 11:59 p.m. Sunday.The move essentially prevents the Commerce Department from forcing Apple and Alphabet’s Google to remove Tencent Holding’s WeChat from its app stores.The news is a victory for Tencent, a tech giant under the helm of …read more […]

No Picture
Trading Ideas

Don’t Go Bargain Hunting on Boeing Stock Quite Yet, Says 5-Star Analyst

Boeing (BA) is once again in the headlines. A congressional report released on Wednesday has blamed BA along with the FAA (Federal Aviation Administration) for the design flaws behind the two fatal crashes of Boeing’s grounded jetliner, the 737 Max.The scathing verdict is the latest addition to Boeing’s 2020 woes. Following the pandemic’s onset, Boeing appeared on the verge of bankruptcy, only to pull back from the edge. The decimation of the airline industry, however, has seen cancelations on the deliveries of its commercial aircrafts. Add in a predictable yet still woeful Q2 earnings, and reports of 787 Dreamliner manufacturing …read more […]

No Picture
Trading Ideas

Trump’s WeChat Curbs Halted by Judge on Free Speech Concerns

(Bloomberg) — The Trump administration’s curbs on WeChat were put on hold by a California judge, upending an effort to halt use of the Chinese-owned app in the U.S.Magistrate Judge Laurel Beeler in San Francisco issued a preliminary injunction at the request of a group of U.S. WeChat users, who argued that prohibitions would violate the free-speech rights of millions of Chinese-speaking Americans who rely on it for communication. The app, which was supposed to disappear from U.S. app stores on Sunday, has 19 million regular users in the U.S. and 1 billion worldwide.WeChat “serves as a virtual public square …read more […]

No Picture
Trading Ideas

Cramer Shares His Thoughts On Plug Power, Zebra Technologies And More

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said to a viewer that he can own 3D Systems Corp. (NYSE: DDD), but he thinks it ain’t going to make more than a dollar or two.There is not a lot of travel going on now and that is how Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) makes money, so Cramer is not interested in it.Cramer advised a viewer with a profitable long position in Zebra Technologies Corp. (NASDAQ: ZBRA) to take some money off the table. He sees Zebra as one of those companies people are selling in order to …read more […]

No Picture
Trading Ideas

Moderna Reveals Efficacy Criteria For Key Covid-19 Vaccine Trials

Moderna (MRNA) has taken the rare step of publishing the clinical protocols for its late-stage Covid-19 vaccine trials. The company also announced that it is planning to produce roughly 20M doses of its vaccine candidate, mRNA-1273, this year.According to the published protocol, Moderna is carrying out a Phase 3, randomized, stratified, observer-blind, placebo-controlled study to evaluate the efficacy, safety and immunogenicity of mRNA-1273 against the SARS-CoV-2 vaccine in adults aged 18 and over.The study will target adults who have no known history of SARS-CoV-2 infection but whose locations or circumstances put them at risk of catching the virus.Its primary endpoint …read more […]

No Picture
Trading Ideas

Salesforce To Add 12,000 Jobs Next Year; Shares Up 49% YTD

Salesforce CEO Marc Benioff has announced that the software giant will add 4,000 jobs over the next 6 months and 12,000 over the next year.“Join our 54K employee strong Ohana defining the future of software. Salesforce is the world’s fastest growing Top 5 enterprise software company” Benioff wrote on Twitter, adding that potential candidates should start sending in their resumes.Only a few weeks ago Salesforce (CRM) had disclosed its intention to cut 1,000 jobs, giving employees 60 days to find a new role in the company.That was despite Benioff previously telling Twitter that CRM would refrain from significant layoffs for …read more […]

No Picture
Trading Ideas

Retire by 40: Here’s How to Make the Impossible – Possible

Is it possible to retire by 40? Ask people where they’ll be in their career at age 40 and most people will tell you that’s when they plan on hitting their stride. By 40, most people have been on their career path for 10-20 years. They’re starting to get high up in a company and may have a little bit of savings to show for their hard work. What they’re not thinking about is how to retire by 40.
But why not? Why is it so outlandish to ponder retirement in the prime of life? Is it really even possible to …read more […]