Year: 2020

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As artificial intelligence and technology continue pouring into our daily lives, I wonder what it’s doing to our psyche.
Several conversations with new homesteaders and home-schoolers have me thinking about the ramifications of technology.
After a recent “Lunatic Tour” at Polyface, I had a long conversation on the porch of the sales building with folks concerned about a seemingly growing aversion to trying something new.
Whether it’s an alternative COVID-19 treatment or a line of thinking that runs counter to current orthodoxy, the “sheeple” concept seems stronger than ever in our country.
Too Scared to Learn
I encounter the issue routinely with would-be and novice …read more […]

(Bloomberg) — Alibaba Group Holding Ltd. is in talks to invest $3 billion into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.The Chinese e-commerce giant, a sole investor in the round, will spend a portion of the funds to acquire some of the Grab stock held by Uber Technologies Inc., one of the people said, asking not to be named as the discussions are private. The deal may represent one of Alibaba’s biggest bets on Southeast Asia since its first investment in Lazada in 2016.China’s largest corporation has previously had limited forays in ride-hailing …read more […]

Tesla Inc investors were disappointed after the company was snubbed in the S&P 500’s latest round of inclusions, but the electric automaker’s entry could still happen at any time and a merger by others in the benchmark index might help. Merger activity within the S&P 500 has historically been the biggest reason companies leave the index, and could provide an opening for a company like Tesla, said two sources familiar with how the committee has made decisions. While some in the market have questioned the quality of Tesla’s earnings, it was still widely expected to gain entry to …read more […]

In this article we are going to estimate the intrinsic value of Microsoft Corporation (NASDAQ:MSFT) by taking the… …read more […]

Top news and what to watch in the markets on Monday, September 14, 2020. …read more […]

Tesla Inc investors were disappointed after the company was snubbed in the S&P 500’s latest round of inclusions, but the electric automaker’s entry could still happen at any time and a merger by others in the benchmark index might help. Merger activity within the S&P 500 has historically been the biggest reason companies leave the index, and could provide an opening for a company like Tesla, said two sources familiar with how the committee has made decisions. While some in the market have questioned the quality of Tesla’s earnings, it was still widely expected to gain …read more […]

Index funds are diversified mutual funds whose holdings mirror a broad stock index, such as the S&P; 500. Here’s what else you need to know about them. …read more […]

Sep.14 — Pfizer Inc. said it’s likely the U.S. will deploy a Covid-19 shot before the end of the year. AstraZeneca Plc restarted testing after its vaccine trial was halted last week. Global coronavirus cases surpassed 29 million and deaths exceed 924,000. Sam Fazeli of Bloomberg Intelligence has the latest on “Bloomberg Markets: European Open.” …read more […]

(Bloomberg) — Citigroup Inc. has a message to cheer up despairing oil bulls: prices will get back to $60 a barrel before the end of 2021.“We’re bullish definitely,” Ed Morse, global head of commodities research at Citi, said in an interview during the S&P Global Platts Asia Pacific Petroleum Conference. “In our base case, prices go up because the market balances” and gigantic inventories are drawn down, he said.The rate at which those stockpiles are shrinking appears to have slowed in recent weeks as the coronavirus proved stubbornly persistent and the OPEC+ alliance returned barrels to the market. That’s pushed …read more […]

(Bloomberg) — Alibaba Group Holding Ltd. is in talks to invest $3 billion into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.The Chinese e-commerce giant, a sole investor in the round, will spend a portion of the funds to acquire some of the Grab stock held by Uber Technologies Inc., one of the people said, asking not to be named as the discussions are private. The deal may represent one of Alibaba’s biggest bets on Southeast Asia since its first investment in Lazada in 2016. China’s largest corporation has previously had limited forays in …read more […]

(Bloomberg) — BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in a report on Monday. Even its most bullish scenario sees demand no better than “broadly flat” for the next two decades as the energy transition shifts the world away from fossil fuels.BP is making a profound break from orthodoxy. From the bosses of corporate energy giants to ministers from OPEC states, senior …read more […]

Sep.14 — The risk concentration in equities, particularly in U.S. and emerging markets, is “very frightening,” says Tatjana Puhan, deputy chief investment officer at Tobam SAS. “On the one side it’s high sector concentration, but on the other it’s also high idiosyncratic concentration because you have very few very big stocks,” she said in an interview on “Bloomberg Markets: European Open.” …read more […]

The resumption of the trials for the vaccine, one of the most advanced in development and regarded by governments and financial markets as one of the best bets to tackle the health crisis in the months ahead, buoyed stock markets around the world. Global trials of the vaccine had also been paused following the UK suspension. Brazil has approved restarting the trials and the Serum Institute of India is awaiting permission from the Drugs Controller General of India. …read more […]