Year: 2020

(Bloomberg) — Tesla Inc. says hedge fund Cable Car Capital LLC, which is shorting the company’s stock, is funding a former employee’s defamation allegations.The carmaker said in a filing Monday that Martin Tripp’s counterclaim against Tesla was being funded by Cable Car, even though Tripp has said under oath that he had no financing or connection to Tesla short sellers.Cable Car portfolio manager Jacob Ma-Weaver had no immediate comment.Tesla sought an emergency order from a judge forbidding Tripp from publicizing confidential information. Tripp has disclosed volumes of Tesla’s confidential documents, deposition transcripts and filings in his posts on Twitter, YouTube …read more […]

Both Inovio and BionNTech announced that they are making headway in their coronavirus vaccine trials, and will be able to meet deadlines toward the end of the year or a the start of 2021. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an official statement late on Tuesday, adding to New Delhi’s growing discomfort with Beijing after a border clash in June. Since the clash, Prime Minister Narendra Modi’s government has taken steps such as banning some Chinese mobile-phone apps, and tightening the requirements for Chinese investment and participation in government tenders. The statement provided no details on the timing of the raids or on the kind of ‘entities’ mentioned. …read more […]

Fastly CEO Joshua Bixby joins Yahoo Finance’s Zack Guzman to discuss his outlook on the cloud computing space amid President Trump’s scrutiny over the social media app TikTok. …read more […]

Dr. Adrian Burrowes, Family Medicine Physician & CFP Physicians Group CEO, joins Yahoo Finance’s Kristin Myers to break down the latest coronavirus developments, as skepticism grows over Russia’s approved vaccine. …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

Greg Hayes became the CEO of Raytheon Technologies Corporation (NYSE:RTX) in 2014, and we think it’s a good time to… …read more […]

Every investor in Teva Pharmaceutical Industries Limited (NYSE:TEVA) should be aware of the most powerful shareholder… …read more […]

The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join Jack Dorsey’s startup, Stripe. A rising star in the auto sector, Suryadevara became GM’s first female CFO in 2018 at the age of 39, and quickly became a trusted voice for Mary Barra, the first woman to head a major U.S. auto manufacturer. …read more […]

(Bloomberg) — Qualcomm Inc.’s lucrative patent licensing business lives on, after a court rejected a requirement that the company renegotiate billions of dollars worth of agreements with smartphone makers.The chipmaker won a major victory Tuesday in a federal appeals court, which ruled that a judge was wrong to side with the Federal Trade Commission in 2019 in finding that Qualcomm had violated antitrust law. The appeals court also vacated an order that the company redo licensing accords with smartphone makers like Apple Inc. and Samsung Electronics Co. Such licenses generated $4.6 billion in revenue for Qualcomm last year.Qualcomm climbed more …read more […]

Dividend stocks are often a great investment, since they can provide both capital appreciation as well as income. Yet many people don’t know how to invest in dividend stocks.
In this article, we’re going to tackle that question. We’ll also look deeper into why you might want to consider investing in dividend stocks… and some of the pitfalls to watch out for.
We’ll look at strategies specific to dividend stocks and provide resources on how to buy stocks in general. That way, when you’re ready to buy, you’ll know exactly what to do and how to do it.
So let’s get started.

What Are …read more […]

The Wall Street heavyweights and titans of tech, who are they? FAANG stocks. We’re talking about Facebook, Amazon, Apple, Netflix and Google, the giants that make up over 20% of the S&P 500’s market cap. Amid the COVID-19 pandemic, these stocks have experienced remarkable rallies, with the run-ups culminating in record highs. What’s behind this surge? Part of it has to do with the fact that the stay-at-home climate has been good for business. Accelerating the shift to online, e-Commerce, streaming and cloud services have been some of the key beneficiaries of the crisis.However, given this incredible charge forward, …read more […]

It’s all about 2021, says one veteran market strategist. …read more […]

(Bloomberg) — Occidental Petroleum Corp. abruptly halted a year-long effort to sell Algerian oil and gas fields to raise cash for debt payments, saying it now regards them as “core” assets.Occidental had agreed to sell the Algerian holdings, along with a smaller position in Ghana, for around $4.9 billion to Total SE but the French major walked away from the deal in May after the North African country blocked the sale.The Houston-based oil explorer will instead look to offload other assets to cover more than $6 billion of debt due next year, Chief Executive Officer Vicki Hollub said during a …read more […]

After two years as chief financial officer of General Motors, Dhivya Suryadevara is leaving to take the same role with Stripe, an online payments company. …read more […]