Articles by admin
Markets slide after 3-day rally
Tom Stringfellow, President and CIO of Frost Investment Advisors, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Heidi Chung to discuss how the coronavirus is impacting the markets. …read more […]
Trump is begging for an Election Day recession
Trump risks a worse recession–or even back-to-back downturns–if he pushes to reopen the US economy too soon. …read more […]
NexTech AR (OTC: NEXCF) Reports $6 million in Revenues for its Audited Period Ended December 31st 2019
Major Growth in AR Trends Seen Accelerating in 2020 NEW YORK and TORONTO, March 27, 2020 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for e-commerce and AR learning applications, reports that it […]
Major indices open mixed, skepticism grows of coronavirus weakening
Stephen Guilfoyle of Sarge 986 LLC joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest market action. …read more […]
Should Insider Buying Tempt You Into These 3 Stocks?
Markets were rising again this week, with near-15% gains on both the S&P 500 and the Dow Jones. Traders’ morale has clearly improved this week, and there is real hope that stocks are turning around after their steep fall in recent weeks.The positive turn in stocks has investors looking for new investments, which in turn has them looking for a strategy. Plenty of investment strategies can steer you toward profits, but there is one possibility that might make investing easier – just follow the insiders.Corporate insiders have been snapping up stocks during the downturn, making large purchases at low prices. …read more […]
Calls mount for new OPEC+ deal as oil prices and demand slide
MOSCOW/DUBAI/LONDON (Reuters) – Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and price collapse caused by the coronavirus pandemic and an emerging price war. A three-year supply pact between the Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russia, fell apart this month, prompting OPEC to remove limits on its output. One of the reasons for the breakdown of the deal between OPEC and other producers, a group known as OPEC+, was Russia’s reluctance to support bigger …read more […]
OPEC Nations Howl for Mercy as Saudi-Russia Oil War Deepens
(Bloomberg) — With no end in sight to the oil-price war between Saudi Arabia and Russia, their former OPEC+ partners are pleading for mercy as the economic damage worsens.Algeria and Iraq have urged the Organization of Petroleum Exporting Countries to hold emergency consultations as the market buckles under a flood of crude. Nigeria is openly wondering how much of the brutal worldwide contest for market share it can stand.There’s little sign that their howls will be heeded in Moscow and Riyadh, where political leaders are digging in for a long conflict. It’s also questionable whether the cartel — even if …read more […]
Everlywell IPO: COVID-19 Test Company to Go Public?
The thought of an Everlywell IPO has investors on the edge of their seats. That’s because the company launched an at-home coronavirus test.
Since this is the first step to mass testing, investors want in on the action. Currently, there isn’t any publicly traded Everlywell stock. But is it possible that will change?
Here’s what we know…
Everlywell IPO: The Business
Julia Cheek founded Everlywell in 2015 and is CEO today. Everlywell is an at-home health test company based in Austin, Texas. It provides at-home lab testing kits and digital results within days. The company offers 35 kits ranging from food sensitivity to STDs …read more […]
After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar
Seismic shifts might be in the offing for the global monetary system — a phenomenon that historically has occurred in the wake of world wars. …read more […]
U.S. not bailing out airlines, Boeing not using federal money: Treasury Secretary
U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic. At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help. “I’ve been very clear this is not an airline bailout,” Mnuchin said. …read more […]
‘Maximum bearish’: funds in record rush to cash in past week
Investors rushed into cash and out of bonds at a record pace over the past week as the coronavirus pandemic caused mayhem in markets, BofA said on Friday, though it noted a key positioning signal at “maximum bearish” could signal a big rally ahead.
Oil falls as demands fears outweigh stimulus efforts
Oil prices fell on Friday as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world and the United States faced the prospect of becoming the next global epicenter of the pandemic.
Nestle says cuts deforestation in its cocoa supply chain
Nestle, the world’s biggest food company, says it has made significant progress removing cocoa produced in protected forests in West Africa from its supply chain as pressure builds from consumers and governments for ethically sourced cocoa.
Futures fall after three-day surge as virus fears grow
U.S. stock index futures fell over 2% on Friday, a day after the S&P 500 and the Dow posted their best three-day run since the early 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.
