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Trading Ideas

Oracle, ByteDance Accept New Treasury Terms on TikTok

(Bloomberg) — The Treasury Department, TikTok owner Bytedance Ltd. and Oracle Corp. have tentatively agreed to terms for Oracle’s bid for the U.S. operations of the social-media service, according to people familiar with the matter.Treasury Secretary Steven Mnuchin sent Bytedance a revised terms sheet late Wednesday and the company and Oracle accepted it, the people said. They described the changes as addressing national security concerns about the transaction and asked not to be identified because of the sensitivity of the matter.Bytedance is trying to win U.S. approval for a transaction with Oracle that would leave the Chinese-headquartered parent company with …read more […]

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3 Artificial intelligence Stocks to Consider as the Trend Heats Up

Working the stock market is a data game. Getting the best information, in a timely way, and knowing how to use it, are keys to success. So, here are some numbers to think about. According to industry market research, artificial intelligence companies and products are on the verge of explosive growth. The sector totaled some $10 billion in 2018; by 2025, the companies, products, value-added, and marketing are expected to reach over $125 billion. You probably already are on it, even if you didn’t realize. AI tech lies behind the growth of digital personal assistants like Alexa and Siri. Most …read more […]

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Three Penny Stocks To Pick Up Now

Penny stocks produce a visceral reaction in most investors. Some love ‘em. Others avoid them at all cost. But there’s no denying their upside potential.

Penny stocks – as their name implies – are cheap. This makes them a perfect starting point for new investors that can’t afford expensive blue chip stocks. The only problem is that they don’t come with the same level of safety as their more expensive counterparts. But with the added risk, comes the possibility of greater reward.
Part of the risk comes from the fact that many penny stocks aren’t traded on major exchanges like the NYSE. …read more […]

Newsmakers

Peak (OTC: PKKFF) Obtains DTC Eligibility, Enhancing US Trading Capability of its Securities

Montreal, Quebec– – Peak Positioning Technologies Inc. (CSE: PKK) (OTCQB: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that its common shares are now eligible […]

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3 “Strong Buy” Healthcare Stocks With Major Catalysts Approaching

Reflecting the ultimate risk and reward, healthcare stocks are capable of delivering big returns at what feels like the drop of a hat, but investors need to be prepared for big risk, too.Unlike companies in other sectors, the survival of many healthcare players, especially when they are in the early stages, hinges on only clinical trials of their therapies or products in development and regulatory rulings, with updates on either front acting as catalysts that can send shares in either direction.So, any piece of good news can propel shares to sky-high levels. Disappointing outcomes, however, can send investors running for …read more […]

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OPEC+ presses for compliance with oil cuts, Saudi says it's no 'act of charity'

OPEC and its allies, led by Russia, pressed for better compliance with oil output cuts on Thursday against the backdrop of falling crude prices as uncertainty reigns over the global economic outlook. The group, known as OPEC+, warned that rising COVID-19 cases in some countries could curb energy demand despite initial indications of a decline in oil stocks, according to a copy of a report by the group’s technical panel seen by Reuters on Thursday. The panel of major producers, including Saudi Arabia and Russia, is unlikely to recommend any changes to their current output reduction target of …read more […]

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Altria Group (MO) Stock Is Remarkably Cheap; Buying Opportunity For Income Investors

Altria Group (NYSE: MO) is a cheap stock at the current price with an 8% dividend yield and JUUL, IQOS and On! will be more meaningful to the company’s stock in the next five years, according to a bullish thesis by Charioteer Investing. Analyzing the company’s 2020 second-quarter financial report, the investor highlighted some interesting developments. The first […] …read more […]