Global equity markets rose in choppy trading on Friday as concerns triggered by the U.S. Federal Reserve’s less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.
As a result of many accelerated shift to cloud due to many people working from home, Wedbush analyst Dan Ives raised the bull case on shares of Microsoft to $275, saying the boost reflects “increased confidence in the transformational cloud story in Redmond.” Azure’s cloud momentum has been so swift, in fact, that it’s “narrowing the gap” with rival Amazon’s AWS. The Final Round panel discusses. …read more […]
U.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since March.
U.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since the week ended March 20.
Oil was little changed on Friday and logged a first weekly decline since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand.
California investigators are examining Amazon.com Inc’s business practices as part of an inquiry into the company, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Yahoo Finance’s Ethan Wolff-Mann joins Heidi Chung to explain why Barclays says Robinhood traders have not driven the recent market rally. …read more […]
Global equity markets gave back earlier gains on Friday as concerns triggered by the U.S. Federal Reserve’s less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.
A U.S. regulator ruled that India’s Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles NV’s (FCA) Jeep brand, barring the sale of the vehicles in question.
U.S. stocks were higher in late afternoon trading on Friday but had bounced between losses and gains as bargain hunting following a sharp losses a day earlier was offset by continued worries about the economy.
Suzanne Judd, Ph.D., an Epidemiologist at the University of Alabama at Birmingham School of Public Health, joins Yahoo Finance’s Heidi Chung to discuss a potential second wave of coronavirus, as cases spike in some states. …read more […]
Market timing is impossible, as evidenced by yesterday’s unpredictable market sell-off.
The media blames a spike in coronavirus cases, but Alexander Green explains what really happened.
I’m not a market timer. And you shouldn’t be either.
It’s foolish to be fully invested in stocks – or completely out of the market – based on some indicator, data set or what your “gut” tells you.
(Your microbiome is a wonder of health and digestion but a lousy market-forecasting tool.)
However, as someone with a background in business and psychology – and 33 years’ experience as an equity analyst, money manager and financial writer – I’ve developed …read more […]
Cresset Capital Chief Investment Officer Jack Ablin joins Yahoo Finance’s Heidi Chung to discuss his outlook on the markets, as White House Economic Adviser Larry Kudlow says “there is no second wave” of the coronavirus in the U.S. …read more […]
Mexico’s Puebla state, where German automaker Volkswagen and its luxury brand unit Audi have major plants, said it is not ready to reopen its automotive sector due to ongoing concerns about the spread of the coronavirus.
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