Year: 2020

Apple announced July 30 that it would split its stock 4 to 1. But why would a company want to divide its shares up and what does it mean for shareholders? …read more […]

(Bloomberg) — Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a person familiar with the matter.TikTok, a video-sharing app, is owned by China-based ByteDance Ltd., which has been evaluating changes to its business structure because of the U.S. government’s national security concerns.President Donald Trump plans to announce a decision ordering Bytedance to divest its U.S. ownership of TikTok, according to people familiar with the matter. The U.S. has been investigating potential national security risks due to the Chinese company’s control of the app. Trump’sdecision could be announced as soon as Friday, said the people.Microsoft …read more […]

When the U.S. dollar loses value, it creates a ripple effect across markets around the world. The prices of some things go up. Some go down. And it almost always creates increased demand for safe-haven investments like gold ETFs.

Now, some courageous investors see a weakened dollar as a time to jump into the markets because it’s shown to lead to a median 2.6% bump in the S&P 500. But when a weak dollar is paired with market volatility, it will almost certainly create a boon for gold bugs.
But again, it’s not just good for those investing in physical gold (which …read more […]

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Apple ‘s (AAPL) “massive home-run type quarter” is a drumroll for whats to come from the iPhone maker, says Wedbush analyst Dan Ives.

“To me this was really a massive blowout quarter,” Ives told Yahoo Finance’s The First Trade. …read more […]

(Bloomberg) — President Donald Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the popular U.S.-based music-video app TikTok, according to people familiar with the matter.The U.S. has been investigating potential national security risks due to the company’s control of the app, and Trump’s decision could be announced as soon as Friday.Spokespeople for the White House and Treasury Department didn’t immediately respond to requests for comment. A TikTok spokesperson couldn’t be reached for comment.Snap Inc., a TikTok competitor, gained on the report, reflecting speculation that it may benefit from any move that weakens TikTok. …read more […]

The U.S.’s troubled response to the coronavirus pandemic was on display Friday, as the Trump Administration’s top health officials testified before Congress, warning that the virus’ spread would “likely continue for some time.” …read more […]

The FCC approved Amazon’s Project Kuiper, allowing the tech company to operate a constellation of 3,236 satellites. Yahoo Finance’s Dan Howley shares the details. …read more […]

(Bloomberg) — Noble Corp., the offshore drilling contractor, filed for bankruptcy with a plan to cut more than $3.4 billion of debt after a crash in crude prices made undersea oil wells too expensive.The Chapter 11 filing in Texas would eliminate all of the company’s bond borrowings by swapping debt for equity, the company said in a statement. Noteholders agreed to invest $200 million of new capital through second-lien notes, and Noble has lined up a $675 million secured revolving credit facility backed by current lenders including JPMorgan Chase & Co.London-based Noble, one of the biggest owners of offshore rigs, …read more […]

HUYA Inc. (NYSE:HUYA), is not the largest company out there, but it saw a significant share price rise of over 20% in… …read more […]

Nvidia is reportedly in ‘advanced talks’ to purchase ARM for more than $32 billion, according to Bloomberg. Yahoo Finance’s On the Move panel discusses. …read more […]

Looking for more reasons to be an Apple shareholder following a blowout quarter? Here you go. …read more […]

Despite COVID-19’s devastating impact on the economy, Oppenheimer’s Chief Investment Strategist John Stoltzfus remains overweight on U.S. equities, and is more bullish on cyclical sectors versus defensive sectors. As for the legitimate concerns about the virus’ re-emergence, Stolzfus argues investors should “consider the reopening setbacks as just that and not something that is permanent.” “In the past week along with legitimate concerns about the recent resurgences of Covid-19 stateside and abroad there was also a resurgence of the “life will never be the same” kind of worry creeping into the theme du jour. We don’t attribute much value to the …read more […]

The U.S. drugmaker said two large trials of the oral antiviral being developed with Ridgeback Biotherapeutics would begin in September. Merck said it can manufacture “many millions of doses” of the drug before year end. Gilead Sciences Inc’s intravenous antiviral remdesivir is currently being widely used as a treatment for hospitalized COVID-19 patients. …read more […]

Health screening company Exact Sciences CEO Kevin Conroy speaks with Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Anjalee Khemlani …read more […]