Year: 2020

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

(Bloomberg) — The increasing use of artificial intelligence is going to extract a heavy price in power unless the chip industry steps up and heads that off, according to one of the industry’s biggest companies.Data centers are on course to consume 15% of the world’s electricity by 2025, according to Applied Materials Inc., the world’s largest maker of chip equipment. Those giant warehouses of computers currently suck in about 2%, the company said.“AI has the potential to change everything,” said Applied Materials Chief Executive Officer Gary Dickerson speaking in a prerecorded remote keynote for the industry’s Semicon West conference. “But …read more […]

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Given all that is going on in the world, has the stock market simply gotten way too hot? …read more […]

Tesla (TSLA) is set to post second-quarter results after the closing bell on Wednesday, with market participants anxiously awaiting the report after the electric vehicle-maker bucked the trend of the broader auto industry and reported better than expected quarterly deliveries. …read more […]

The U.S. on Tuesday saw a reprieve in its seemingly relentless wave of COVID-19 diagnoses, just as President Donald Trump prepared to revive the daily coronavirus press conference. …read more […]

Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows are set to meet with lawmakers on Capitol Hill for the next stimulus bill. Yahoo Finance’s Jessica Smith shares the details. …read more […]

Could we see a stock market correction if lawmakers don’t do the right thing on stimulus amid a still raging COVID-19 pandemic? …read more […]

Steel City Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. During the second quarter of 2020, the fund returned 13.1% net of fees, while the S&P 500 Index was up 20.0%. You should check out Steel City Capital’s top 5 stock picks for investors to buy right […] …read more […]

What is passive income? It’s a question we get a lot here at Investment U.
For starters, most income can be broken down into two main classes: active and passive. Active income is the way most Americans make their money. That’s income earned from doing a job and receiving tips, hourly pay, a salary or commission.

So what is passive income? To put it simply, this is payment received through little (if any) effort made by the person who receives it. If that sounds too good to be true, well, it isn’t. Just about anyone can set up a steady stream of …read more […]

Ford has officially rolled out a racing version of its new electric vehicle the Mach-E. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss with Autoblog Editor-in-Chief Greg Migliore. …read more […]

India’s top gas importer, Petronet LNG, has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied natural gas (LNG) developer Tellurian Inc’s Driftwood project, Indian sources familiar with the matter said. Petronet and Tellurian now have time until the end of December to finalize the deal, they said. A memorandum of understanding that lapsed on May 31 was renewed last week ahead of a virtual meeting between Indian oil minister Dharmendra Pradhan and U.S. Energy Secretary Dan Brouillette. …read more […]

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(Bloomberg) — Hertz Global Holdings Inc. agreed to pay lenders who indirectly control the company’s fleet of rental cars $650 million as part of a deal to suspend a bankruptcy court fight over the vehicles, according to court documents.Under the accord, Hertz will for the rest of the year halt its effort to cancel some of the nearly 500,000 leases on the cars the company rents out to consumers. A separate Hertz entity owns the vehicles, which the company leases back.The company will ask U.S. Bankruptcy Judge Mary Walrath to approve the settlement at a court hearing scheduled for July …read more […]

(Bloomberg) — Precious metals are shining, with both gold and silver hitting multi-year highs on the back of persistent concerns over the coronavirus and the outlook for further economic stimulus worldwide.Gold futures surged to an almost nine-year peak and silver touched the highest since 2014 after Hong Kong reported additional cases of the virus and new infections in the Australian state of Victoria surged, fueling demand for haven assets. European Union leaders agreed on an unprecedented stimulus package to pull their economies out of recession. Silver, used in manufactured products ranging from solar panels to electronics, is getting an added …read more […]