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EU in talks with Gilead to get remdesivir doses for EU countries

The European Commission said on Wednesday it was in negotiations with Gilead Sciences Inc to obtain doses of COVID-19 antiviral remdesivir for the 27 European Union countries. The Commission said it took note of the announcement that the United States had secured nearly all of Gilead’s projected production capacity for the next three months. …read more […]

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Here’s Why Apple (AAPL) Stock Could be a Solid ‘Buy’ in Today’s Market

If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on Apple Inc. (NASDAQ:AAPL) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed […] …read more […]

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Goldman Sachs: There’s an Opportunity Brewing in These 3 Stocks

The COVID-19 pandemic has decimated the U.S. economy, yet the stock market is alive and well. Against the backdrop of a recession, the market actually had its strongest quarter in over 20 years, with the S&P 500 notching its largest quarterly gain since the last quarter of 1998, surging 20%. As for the NASDAQ, it climbed 31% higher during the quarter, marking its best quarterly performance since Q4 1999.While certainly volatile, the quarter saw investors take an optimistic approach due to reopening efforts and unprecedented stimulus packages. That being said, going forward into Q3, plenty of uncertainty is lingering over …read more […]

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If You Own 3M Co (MMM) Stock, Should You Sell It Now?

If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on 3M Company (NYSE:MMM) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed […] …read more […]

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Virus Shot From Pfizer, BioNtech Shows Promise in Early Test

(Bloomberg) — An early trial of an experimental coronavirus vaccine from Pfizer Inc. and BioNtech SE showed it’s safe and prompted patients to produce antibodies against the new virus, keeping it in the lead pack for a pandemic shot.The messenger RNA product was tested on 45 healthy adults divided in several groups: 24 of them got two injections with two different doses of the experimental vaccine, 12 of them received a single shot with a very high dose and nine patients got two dummy injections. The two-shot groups produced the highest level of antibodies.Pfizer and Germany’s BioNTech are in a …read more […]

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What is Wealth Creation?

What is wealth creation and how can you create a savings strategy that works? This is a question that’s probably crossed your mind at least once. Americans across the nation struggle to obtain financial stability. But, why is this so common?
According to a CNBC report, only 29% of Americans are financially “healthy.” This is a concerning stat that raises concerns about our ability to make the most of our income.

What is Wealth Creation and Preservation?
The same CNBC report as above says 54% of people are “financially coping” while 17% are vulnerable. And, if 2020 stays on its current path, these …read more […]

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Stocks Rally on Vaccine Hope and Economic Data: Markets Wrap

(Bloomberg) — U.S. stocks climbed after positive coronavirus vaccine developments, better-than-expected manufacturing data and a surprise profit from economic bellwether FedEx Corp. Treasuries and the dollar fell.The S&P 500 extended gains into a third day as an early trial of an experimental shot from Pfizer Inc. and BioNtech SE showed it’s safe and prompted patients to produce antibodies. The New York-based drugmaker led gains in the Dow Jones Industrial Average. FedEx had its biggest-ever surge on a closing basis. Meanwhile, United Airlines Holdings Inc. jumped after saying it will boost its domestic schedule for August.Stocks kicked off the third quarter …read more […]

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Tesla Overtakes Toyota as the World’s Most Valuable Automaker

(Bloomberg) — Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years.Shares of Tesla, which have more than doubled since the start of the year, climbed as much as 3.5% in intraday trading Wednesday, giving it a market capitalization of $207.2 billion, surpassing Toyota’s $201.9 billion.Chief Executive Officer Elon Musk has ignored or broken many of the established auto industry’s rules and norms in the 10 years since he took Tesla public, selling cars online and …read more […]