Allen Shim, Slack CFO, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the company’s recent quarterly report, the latest on Slack Connect, its growing customer base and much more. …read more […]
After a record-breaking August surge, volatility has made its way back to the Street. With COVID-19 continuing to impact the financial landscape and the race to the White House narrowing, the recent market volatility convey the uncertainty hanging in the balance.That’s not to say compelling plays can’t be found in the current financial environment. In particular, Wall Street analysts cite one area of the market that has been gaining steam: healthcare stocks. Additionally, the pros point out there are opportunities in this space that come with affordable price tags.It should be noted that these stocks are risky in nature, with …read more […]
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […] …read more […]
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) above 19x, you may… …read more […]
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly… …read more […]
(Bloomberg) — Ashok Soota, a pioneer of India’s information technology services industry, has headed three outsourcing companies including one of the nation’s largest, Wipro Ltd., and taken two of them public.The second was this week when the initial public offering of his latest startup, Happiest Minds Technologies Ltd., was oversubscribed 151 times. The IPO got bids for 3.51 billion shares versus the 23.3 million on offer, ranking it among India’s most successful first-time share sales of this decade.“The IPO got a boost from the credibility of the founder,” said Abhimanyu Sofat, head of research at IIFL Securities Ltd. in Mumbai. …read more […]
Physical gold dealers in India were forced to offer discounts for a fourth straight week as bullion remained unattractive for most retail consumers. In India, the second-biggest buyer after China, demand took a further hit due to the start of ‘Shradh’, a two-week period considered inauspicious to buy gold and other assets. Local gold futures traded around 51,445 rupees per 10 grams on Friday, having hit an all-time high of 56,191 rupees last month. …read more […]
A look at the shareholders of Intra-Cellular Therapies, Inc. (NASDAQ:ITCI) can tell us which group is most powerful… …read more […]
Lakeland Industries, Inc. (NASDAQ:LAKE) defied analyst predictions to release its quarterly results, which were ahead… …read more […]
With the business potentially at an important milestone, we thought we’d take a closer look at BioNTech SE’s… …read more […]
A wave of consolidation is underway in Canada’s Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years ago was a booming patch. Lockdowns and sharp contractions in economic activity have hammered global oil demand in 2020, pushing prices so low that producers worldwide have made record output and spending cuts. Canada, the world’s fourth-largest oil and gas producer, was already struggling as investors and foreign companies left to invest in production elsewhere that is cheaper and less carbon-intensive. …read more […]
The investment “advisory” industry is a huge multibillion-dollar business based on hard work, clever thinking and sophisticated algorithms. But it’s also based on one teensy-weensy lie.
The lie is that you can grow wealthy by investing in a combination of stocks and bonds.
It’s not a big black lie. Because it’s sort of true… can be true… has been true… in certain circumstances.
But the truth is that there are many ways to grow your wealth – including some that will give you better returns with equal or even less risk.
When you limit your investing to stocks and bonds, the best you can …read more […]
Last week, you might have seen that Ciena Corporation (NYSE:CIEN) released its quarterly result to the market. The… …read more […]
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