Year: 2020

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Tesla Extends Quarterly Profit Streak, Opens Path to S&P 500

July 22, 2020 admin Comments Off on Tesla Extends Quarterly Profit Streak, Opens Path to S&P 500

(Bloomberg) — Tesla Inc. posted a fourth consecutive quarterly profit, a milestone that could pave the way for the electric car-maker to join the ranks of the blue-chip S&P 500 Index.The results validate the unconventional efforts that Elon Musk, Tesla’s chief executive officer, made to shore up earnings in the midst of the global pandemic that’s expected to leave other U.S. automakers posting losses. The profit further boosts Tesla’s already lofty share price, which has quadrupled since March in part based on speculation the stock could be added to the S&P 500. The stock rose as much as 7.8% in …read more […]

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York Water Company Dividend Safty: Will This 200-Year Dividend Streak Continue?

July 22, 2020 admin Comments Off on York Water Company Dividend Safty: Will This 200-Year Dividend Streak Continue?

Below, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at York Water Company’s dividend safety rating.
That’s not a typo in the headline…
In honor of finally seeing the show Hamilton (it lived up to the hype… if you haven’t seen it, find a kid or grandkid who subscribes to Disney+ and get their password), I’m going back to the post-Revolutionary War period of American history…
Today, I’m looking at the dividend safety of a company whose record goes back to the 19th century.
York Water Company (Nasdaq: YORW) has paid a dividend every year for more than 200 years. It is believed …read more […]

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Las Vegas Sands quarterly revenue falls 97% due to pandemic

July 22, 2020 admin Comments Off on Las Vegas Sands quarterly revenue falls 97% due to pandemic

Las Vegas Sands released its second quarter earnings results after the bell on Wednesday, reporting a net revenue of of $98 million, compared to the more than $3.3 billion reported over the same period in 2019. Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the company’s earnings report. …read more […]

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Microsoft Shares Drop as Azure Cloud-Services Sales Slow

July 22, 2020 admin Comments Off on Microsoft Shares Drop as Azure Cloud-Services Sales Slow

(Bloomberg) — Microsoft Corp. reported disappointing quarterly sales growth in its Azure cloud-computing business, dashing optimism that growth would remain in overdrive as companies increasingly rely on internet-based services during the coronavirus outbreak.Azure revenue rose 47% in the quarter ended June 30, missing analysts’ predictions for a 49% gain and notably lower than the 59% jump of the prior quarter. Shares slipped about 2.7% in extended trading. The miss overshadowed an otherwise strong report — revenue rose 13% to $38 billion, the software maker said Wednesday in a statement. Analysts polled by Bloomberg on average estimated $36.5 billion. Net income …read more […]

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Coronavirus latest: Wednesday, July 22

July 22, 2020 admin Comments Off on Coronavirus latest: Wednesday, July 22

Pfizer and BioNTech announced on Wednesday that it had agreed to a $1.95 billion dollar deal with the United States government which would give the U.S. access to 100 million doses. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

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Wealth Creating Investments

July 22, 2020 admin Comments Off on Wealth Creating Investments

For more than two decades, Investment U has been a trusted resource for investors focused on wealth creation. However, not all investments are created equal. While some opportunities may turn out to be wealth creating investments, others are practically guaranteed to lose money or even reverse your journey to financial freedom. There are so many investment options out there, at times it can be difficult to know which ones to focus on.

How Can Investors Identify Wealth Creating Investments?
Before we can identify what a wealth creating investment is, we need to clearly define wealth. Wikipedia defines wealth as “the abundance of …read more […]