Year: 2020

EV stocks exploded during the last couple of weeks and with a ton of momentum behind it, every company in this sector has seen its share price rise …read more […]

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For months, I’ve been pounding the table about why American banks are the best value in the stock market…
Why the banks are a “no-brainer” for today’s investors…
And why even their challenges prove their value.
And now it looks like the Oracle of Omaha agrees.
After doing very little through the COVID-19 crisis, Warren Buffett is finally buying a stock…
Buffett’s Berkshire Hathaway (NYSE: BRK-B) just revealed that it purchased 34 million shares of Bank of America (NYSE: BAC) at an average price of $24.
That equates to an $816 million investment, which is a decent chunk of change even for Buffett.
So investors should ask …read more […]

Pot stocks have blazed higher this year.
Since its low on March 23, the North American Marijuana Index has gained 92.15%…
That’s double the rebound that the Dow Jones, the S&P 500 and even the Nasdaq have enjoyed.
In part it’s because cannabis dispensaries were deemed essential businesses during the pandemic and economic shutdown.
But as we look further down the road – past the haze of the pandemic – cannabis is poised to rocket even higher. I believe we’re talking about at least a $200 billion global opportunity by the end of the decade. And the U.S. would represent $80 billion of that.

This …read more […]

Stock futures opened higher Tuesday evening ahead of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate earnings results will also continue to flow. …read more […]

(Bloomberg) — Eastman Kodak Co. shares more than tripled Tuesday on a $765 million government loan to help produce ingredients used in key generic medicines to fight the coronavirus.The development bank loan is the first of its kind under the Defense Production Act in collaboration with the U.S. Department of Defense. It’s intended to speed production of drugs in short supply and those considered critical to treat Covid-19, which may include hydroxychloroquine, the controversial antimalarial drug touted by President Donald Trump.The money could provide a lifeline to Kodak, the storied photography giant whose business and shares were devastated by the …read more […]

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MONTREAL, July 28, 2020 /CNW/ – Turquoise Hill Resources Ltd. (“Turquoise Hill” or the “Company”) today announced its financial results for the period ended June 30, 2020. …read more […]

Gold futures reverse gains after surging to record highs. Yahoo Finance’s Akiko Fujita and ETF Trends Director of Research Dave Nadig discuss. …read more […]

The stock has gained about 50% this year through Tuesday’s close as investors cheered its success in next-generation chips, at a time when Intel faces delays in building the smaller, faster 7-nanometer chip technology. AMD, which relies on outside foundries to make its chips, has started to take market share from Intel with offerings made on Taiwan Semiconductor Manufacturing Co Ltd’s 7-nm process technology. …read more […]

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(Bloomberg) — Advanced Micro Devices Inc. gave strong forecasts, suggesting the company is winning orders from larger rival Intel Corp. in the lucrative market for server chips. AMD shares jumped more than 9% in extended trading.Third-quarter revenue will be about $2.55 billion, Santa Clara, California-based AMD said Tuesday in a statement. That compares with the average analyst estimate of $2.3 billion, according to data compiled by Bloomberg.The company also raised its full-year sales forecast, and second-quarter results beat Wall Street expectations on sales of Epyc server chips and Ryzen PC processors.After decades of lagging way behind Intel, AMD has been …read more […]

News about the new stimulus plan and the progression of the coronavirus continues to weigh heavily on the markets. CIO of Equity at Mellon John Porter joins The Final Round to discuss his views on the markets and discuss the other variables, like the U.S. election, economic reopenings, and long term earnings trajectory, that could also be having an impact on markets. …read more […]

Some people hear the words “passive income” and imagine a life with little to no work. And while many passive income streams do have a “set it and forget it” component, others require more active nurturing to stay viable.

Payday Friday. The two words all hard-working employees love to hear. Whether you work part-time or full-time, the majority of your income likely comes from the work hours you’ve put in over the past few weeks. But what if that active income became less important? What if other passive streams of income slowly became the lion’s share of your income, freeing you …read more […]