Asian share markets took a breather on Wednesday as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.
San Diego-based Qualcomm is the biggest supplier of processors for smartphones and the modem chips that connect the phones to wireless data networks. The company’s chips featuring fifth-generation (5G) cellular telecommunications technology are currently in many premium-priced smartphones such as Samsung Electronics Co Ltd’s Galaxy devices. …read more […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and diplomatic tensions in Asia.
Oil prices retreated on Wednesday, weighed down by an increase in U.S. crude inventories and worries about a potential second wave of the coronavirus pandemic.
Following his appearance before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee Wednesday. …read more […]
Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.
U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim’s father said the bill, while a positive step, “still lacks teeth.”
Beyond Meat (BYND) has been one of 2020’s star performers. A sparkling recent earnings report, and several promising international deals have acted as catalysts for the stock’s outstanding performance. To wit, shares have increased by 100% since the turn of the year.The company’s CEO Ethan Brown recently presented at William Blair’s 40th Annual Growth Stock Conference and firm analyst Jon Andersen was there to get the lowdown.In a challenging macro environment, Beyond’s products appear to be holding up well.For the four-week period leading up to May 17, the company’s sales grew by 134%, compared to the overall plant-based category’s also …read more […]
U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.
Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.
Could the least exciting bit of Elon Musk’s empire end up being the most transformative? …read more […]
In 2019, this was a $51 billion market…
And right now, demand has never been higher.
In the month of May, sales shot up 170%.
One firm just reported a 1,000% increase in bookings in April.
And in my newest Trade Talk Tuesdays video, I tell you the best way to play it.
The extra trade to make on Tuesday, June 23, is revealed below…
For full instructions on how to play picks like this, join me in The War Room!
The post Make This Exact Trade on Tuesday, June 23 appeared first on Investment U. …read more […]
When I was a kid, my grandfather was fond of reminding me that “a bird in the hand is worth two in the bush.”
What does that mean?
That something you already possess is more valuable than something you think might be better but have a less certain chance of you actually getting.
When it comes to valuing automobile manufacturers, investors today could use a lesson from my grandfather. Let me explain…
Market capitalization shows that today’s investors value hypothetical cash flow much more highly than cash flow that many companies are already producing.
Let me show you what I mean…
A Futuristic Play Already Valued …read more […]
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