Year: 2020

The post How Apple Could Get Cut in Half appeared first on Investment U. …read more […]

Stock futures drifted higher Tuesday evening, extending gains from the regular session, as investors awaited the Federal Open Market Committee’s (FOMC) September monetary policy statement and remarks from Federal Reserve Chair Jerome Powell. Each is set to provide further insight into central bankers’ assessments of economic activity during the ongoing pandemic. …read more […]

(Bloomberg) — Adobe Inc. reported revenue that topped analysts’ estimates, signaling robust demand for the software maker’s cloud-based creative tools during the coronavirus pandemic.Sales jumped 14% to $3.23 billion in the quarter ended Aug. 28, the San Jose, California-based company said Tuesday in a statement. Analysts, on average, estimated $3.16 billion, according to data compiled by Bloomberg.Chief Executive Officer Shantanu Narayen has tried to continue Adobe’s rapid pace of growth despite the company’s newfound status as one of the world’s highest-valued cloud software makers. The maker of Photoshop continues to invest heavily in designing new tools for creative professionals and …read more […]

VANCOUVER and TORONTO, Sept. 15, 2020 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company has been recognized by the Toronto Stock Exchange for its strong 3-year share price performance and named once again to the TSX30 in the second consecutive year. …read more […]

Apple revealed new tech products and subscription services September 15 at its virtual live event. The tech giant announced a new Apple Watch, iPad Air and Apple Pencil in addition to subscriptions services Apple One and Apple Fitness+. However, Apple did not reveal any news regarding the iPhone 12. CFRA analyst Angelo Zino joins The Final Round panel to break down the details. …read more […]

Dan David, Wolfpack Research Founder, joins The Final Round to discuss the latest news on Nikola as it faces an investigation from the SEC due to allegations of fraud from Hindenburg Research and what all this could mean for the company that only recently saw an IPO in June. …read more […]

Apple’s new Fitness+ workout app could have Peloton sweating. …read more […]

Will Fed Chairman Jay Powell show signs of fatigue in asking for more fiscal support? Or will he push harder for more help? …read more […]

Fedex released its first quarter earnings report after hours on Tuesday, beating investors’ expectations on both revenue and earnings per share. The company said that it would not be sharing any earnings forecast for the 2021 fiscal year, but announced that shipping rates for both ground and home delivery will increase by an average of 4.9% starting in January. Yahoo Finance’s Myles Udland breaks down the shipping company’s earnings report on The Final Round. …read more […]

(Bloomberg) — Kohl’s Corp. is slashing its corporate workforce by about 15% in a bid to rein in expenses as retail sales fail to recover to pre-pandemic levels.The chain said the cuts will save it about $65 million a year. It will record a pretax charge of about $23 million, mostly in the third quarter, related to the layoffs and related cost savings. Kohl’s didn’t say how many workers would be affected. Retailers across the board have been taking steps to cut costs, especially in the back office, as they grapple with sudden and dramatic changes in consumer spending during …read more […]

On Tuesday, Hindenburg Research released its response to Nikola’s statements about its fraudulent claims, saying the electric car company did not provide enough evidence to mitigate its skepticism. Yahoo Finance’s Alexis Keenan joins The Final Round panel to break down the charges and the case. …read more […]

(Bloomberg) — A U.S. national security panel reviewing Oracle Corp.’s bid for TikTok is meeting Tuesday afternoon to decide whether to recommend the president approve or reject the deal, according to two people familiar with the matter.Oracle’s proposal lacks the payment to the U.S. government that President Donald Trump has insisted be the condition of any deal, according to two people familiar with the plan. Yet the company will try to use the promise of creating 20,000 new jobs through the popular video app as a way to win his approval.Treasury Secretary Steven Mnuchin, who has played a central role …read more […]

Peloton shares initially dropped after tech giant Apple announced its Fitness + app for the Apple Watch and iPhone with exercise videos. The service will provide exercise videos that users can follow on their devices. …read more […]

President Donald Trump reiterated his belief that a coronavirus vaccine may arrive before Election Day, even as top administration health officials have rebuffed such a timeline. …read more […]

Planning your retirement party for age 65 just like everyone else? Why not beat them to the punch? Why not retire at 60? Most people laugh at the idea and think they’re lucky to retire at 65, but the fact is, early retirement is a real possibility for anyone who has the discipline to reach their goals ahead of schedule. You don’t need to move heaven and earth to retire five years earlier than you planned. You need a better plan.
Retiring a few years early means taking control over your finances and making good decisions about where you put …read more […]