No Picture
Trading Ideas

Market Recap: Tuesday, July 21

Stocks held mostly higher after European Union leaders agreed to a breakthrough stimulus deal to help support the virus-stricken region. The Nasdaq Composite hit a record high before retreating. The Final Round panel breaks down the details. …read more […]

No Picture
Trading Ideas

Snap misses user growth estimates, shares fall 11%

Snap has focused on helping advertisers increase sales directly from Snap ads, which contributed to the company’s revenue growth at a time when many brands have been cutting marketing budgets due to the pandemic. The company has also positioned itself as a safe platform for brands to advertise on, as more than 1,000 companies have paused ads on larger rival Facebook Inc due to concerns about hate speech. Chief Financial Officer Derek Andersen said third-quarter revenue growth was 32% through July 19. …read more […]

No Picture
Trading Ideas

Snapchat Users Climb 17% in Q2, Snap Stock Falls as Investors Hoped for Bigger Lift

Snapchat boosted its daily active user rolls with a hefty gain of 9 million in the second quarter of 2020, as the company grew revenue 17% year over year to beat analyst expectations. But investors appeared to have been expecting a bigger coronavirus-fueled lift from still-unprofitable Snap, which again — citing the pandemic — did […] …read more […]

No Picture
Trading Ideas

Texas Instruments Gives Strong Forecast on Inventory Purchases

(Bloomberg) — Texas Instruments Inc. projected third-quarter revenue that topped analysts’ estimates, indicating the company is seeing increased orders from customers trying to cushion themselves against any supply disruptions as the coronavirus pandemic drags on.Earnings will be $1.14 to $1.34 a share, on revenue of $3.26 billion to $3.54 billion, in the period ending in September, the Dallas-based chipmaker said Tuesday in a statement. On average, analysts predicted profit of 98 cents and sales of $3.07 billion, according to data compiled by Bloomberg.Covid-19 illnesses have shut factories and transportation worldwide, placing an unprecedented strain on a global supply chain that …read more […]

No Picture
Trading Ideas

United and American Air CEOs Ask European Governments to Loosen Restrictions on Transatlantic Travel

American Airlines and United Airlines, along with Iberia Airlines’ owner International Airlines Group and Lufthansa Group, want regulators to permit more American and Europeans to travel on transatlantic flights, arguing they need more customers on these routes for their businesses to recover. “Given the unquestioned importance of transatlantic air travel to the global economy as […] …read more […]

No Picture
Trading Ideas

Coronavirus latest: Tuesday, July 21

On Tuesday, the House Energy and Commerce subcommittee held a hearing with Pharma companies on their efforts to develop coronavirus vaccines. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

No Picture
Trading Ideas

Tesla's Elon Musk just qualified for a $2.1 billion payday

Tesla’s stock was down 3% in afternoon trading, eroding a recent rally that has elevated the company’s market capitalization to almost $300 billion, larger than any other carmaker. Despite Tuesday’s stock dip, and importantly for Musk’s personal finances, Tesla’s six-month average market capitalization for the first time has reached $150 billion. …read more […]

No Picture
Trading Ideas

Gold Investing Continues to Shine

Trends Expert Matthew Carr details the impressive run gold investing has had this year, and what can be expected moving forward.

Investors are debating “U,” “V” or “W.” What type of economic recovery will it be? Well, there’s already plenty to celebrate this year. Equities have rebounded sharply from their 2020 lows.
The Dow Jones Industrial Average and S&P 500 are nearing breakeven for the year. The high-flying tech stocks on the Nasdaq are setting new all-time highs and are inching closer to a 20% gain for the year.
But there’s one asset that’s outperforming them all: gold.
And there’s no sign of its …read more […]

No Picture
Trading Ideas

6 Best Financial Independence Books for FIRE

The list of the financial independence books below is a game changer. There are lots of books out there, but most of them are overly wordy with little insight. That’s why I’ve compiled this list of the best books on the topic.
Within their pages, you’ll uncover time-tested strategies to improve your finances. And by following their lead, you can wipe out debt faster, build up your savings and set up sources of automatic income.
In the past few years, financial independence is catching more attention. In fact, there’s an entire movement around it…

Financial Independence Books and the FIRE Movement
The financial independence, …read more […]