Year: 2020

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss Cisco and Tapestry’s fourth-quarter earnings report. …read more […]

Hayden Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 93.2% for the quarter, outperforming their benchmark, the S&P 500 Index which returned 20.0% in the same quarter. You should check out Hayden Capital’s top 5 stock picks which helped them beat […] …read more […]

VLTAVA Fund recently released its Q2 2020 Investor Letter, a copy of which you can download here. VLTAVA is a global equity investment fund launched by Daniel Gladis in 2004. You should check out VLTAVA Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market […] …read more […]

Analysts believe the delays could cement the lead that rivals such as Taiwan Semiconductor Manufacturing Co have gained in making smaller, more power efficient chips. Intel’s shares have fallen nearly 20% since the delays were disclosed. On Thursday, Intel sought to buck the notion that the single-number names given to each generation of chip process node tell the entire story by disclosing improvements on its existing 10-nanonmeter process node. …read more […]

Meanwhile, turnaround plans continue for the Coach, Kate Spade and Stuart Weitzman parent company. …read more […]

Thermo Fisher had in July sweetened its offer, valuing the company at 11.3 billion euros ($13.38 billion) after pressure from some Qiagen investors, particularly after the German firm said it was seeing strong demand for products related to coronavirus testing. Thermo Fisher said the number of Qiagen shares tendered into the offer fell short of its threshold of 66.67%. As part of the sweetened offer, Thermo Fisher had reduced the minimum acceptance threshold from 75% of outstanding ordinary share capital. …read more […]

The S&P 500 briefly topped its February record closing high during Wednesday’s regular session. …read more […]

(Bloomberg Opinion) — The long-running trade dispute between Boeing Co. and Airbus SE has been a source of political grandstanding for years, but with the U.S.’s aggression reaching new levels of hypocrisy, the time may finally be right for a settlement. The U.S. Trade Representative’s office announced late Wednesday that it was leaving tariffs on $7.5 billion of imports because the European Union had not yet taken enough action to comply with a World Trade Organization ruling on illegal subsidies for Airbus. The U.S. is taking certain products from Greece and the U.K. off the list of items subject to …read more […]

It’s easy to hate the rich. They can afford things others can’t. Better clothes. Better food. Better healthcare.
All because they were born with a silver spoon in their mouth…
Right?
Actually, no. The percentage of wealth that is inherited is actually quite low.
Ordinary folks become millionaires every day, either through savvy business dealings or – gasp! – the stock market.
In fact, 70% of the folks who make up the Forbes 400 are self-made.
Unfortunately, that doesn’t fit into the current narrative that capitalism is a rigged system. It’s better, say the folks in charge, if you lean back and let the government handle …read more […]

Top news and what to watch in the markets on Thursday, August 13, 2020. …read more […]

VANCOUVER, BC and ERIE Pa., Aug. …read more […]

The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower global oil demand this year by 8.1 million barrels per day (bpd). The Paris-based IEA slashed its 2020 outlook by 140,000 bpd to 91.9 million bpd, its first downgrade in several months. “Jet fuel demand remains the major source of weakness,” the IEA said in its monthly report. …read more […]