Stock futures rose Tuesday morning, with the Dow and Nasdaq tracking toward back-to-back sessions of gains as tech stocks continued to march back higher. …read more […]
In this article we are going to estimate the intrinsic value of HIVE Blockchain Technologies Ltd. (CVE:HIVE) by… …read more […]
Is it time to vacate one of the hottest trades on Wall Street in 2020? …read more […]
Today is shaping up negative for Charlotte’s Web Holdings, Inc. (TSE:CWEB) shareholders, with the analysts delivering… …read more […]
German biotech firm BioNTech said on Tuesday it had secured almost $450 million in government funding to speed up work on its COVID-19 vaccine candidate and expand its production capacity in Germany. BioNTech and partners Pfizer Inc and China’s Shanghai Fosun Pharmaceutical Group Co Ltd are among the leading developers of experimental COVID-19 vaccines, based on molecules carrying a genetic code called messenger RNA (mRNA). Mainz-based BioNTech, founded in 2008 and listed on the Nasdaq exchange last year, said it had been awarded 375 million euros ($445 million) in funding, after applying under a scheme announced in July …read more […]
Last week, you might have seen that Peloton Interactive, Inc. (NASDAQ:PTON) released its annual result to the market… …read more […]
Vanguard Group Inc said it voted against the pay of Alphabet Inc executives, including new CEO Sundar Pichai, one of several examples of proxy voting the top mutual fund firm gave in a report to be released on Tuesday as it names a new stewardship chief. Vanguard said in the report it “found a misalignment between pay and performance” and would have liked to see more long-term compensation tied to metrics like relative total shareholder return. An Alphabet spokeswoman declined to comment on Vanguard’s votes. …read more […]
There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although… …read more […]
Time is running out.
We keep forgetting we’re running for president. And the clock is ticking.
Life happens, we suppose. We’re so busy doing things… we keep forgetting to stand up and make wild promises about the many things we never intend to do.
We must be honest though.
The polls aren’t good.
We’re from the Party of the Unelectables… and it’s proving true. We don’t have a shot.
But we figure if all the political hoopla these days is little more than smoke and mirrors anyway, why can’t we bounce off fun house walls as well?
If they can do it… surely we can too.
It’s the …read more […]
Top news and what to watch in the markets on Tuesday, September 15, 2020. …read more […]
(Bloomberg Opinion) — Market commentators are shaking their heads. Wall Street heavyweights are dubious. Federal Reserve officials are warning about dim prospects for a robust recovery of the devastated pandemic economy. Yet even as the U.S. economy falters and Americans suffer more from Covid-19 than citizens of other developed countries, U.S. stocks are outpacing the rest of the world’s equities by a wider margin than at any time in at least 50 years.Illogical? Appearances would seem to say so. Loretta Mester, president of the Federal Reserve Bank of Cleveland, said this month that the recovery from the second quarter’s record …read more […]
(Bloomberg) — Ray Dalio is having a very bad year.So very bad, in fact, that the billionaire risks losing his coveted title as king of hedge funds.Dalio’s $148 billion Bridgewater Associates has run up hefty losses this year, even as rivals have minted money in the topsy-turvy markets. The damage as of August: an 18.6% drop in the flagship Pure Alpha II fund.Those losses, the worst in a decade, top a sprawling list of troubles that has plunged Bridgewater into a round of crisis management, according to more than 25 people with knowledge of the firm’s inner workings.First, Bridgewater’s computer …read more […]
On Tuesday, Apple is expected to unveil updates to several key products, including the Apple Watch and iPad, that will help determine whether it keeps up that streak. As markets closed Monday, Apple shares were up nearly 54% for the year, well ahead of the 22% gain for the Nasdaq. How the new products sell during the holiday shopping season in many western markets will largely define how well Apple performs for its entire fiscal year, which started this month. …read more […]
The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic. The Paris-based IEA cut its 2020 outlook by 200,000 barrels per day (bpd) to 91.7 million bpd in its second downgrade in as many months. “We expect the recovery in oil demand to decelerate markedly in the second half of 2020, with most of the easy gains already achieved,” the IEA said in its monthly report. …read more […]
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