Trading Ideas
Calculating The Fair Value Of National Oilwell Varco, Inc. (NYSE:NOV)
Today we will run through one way of estimating the intrinsic value of National Oilwell Varco, Inc. (NYSE:NOV) by… …read more […]
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Trading Ideas
Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding
(Bloomberg) — Rivian Automotive Inc., the electric-truck maker already backed by Amazon.com Inc. and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.The funds generated from Rivian’s fourth major investment this year boosts the total raised to $2.85 billion. The Plymouth, Michigan-based manufacturer said Amazon, Ford and funds managed by BlackRock also participated in the round.Rivian’s latest haul comes as the company is drawing significant interest from both consumers and businesses wanting to shift to electric vehicles. Chief Executive Officer R.J. Scaringe has spent the …read more […]
Business News
Boeing fires CEO Muilenburg to steady spiraling 737 MAX crisis
Boeing Co ousted Chief Executive Dennis Muilenburg as the world’s biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.
Trading Ideas
Nike announces launch of Colin Kaepernick x Air Force 1
Nike teamed up with the former NFL star Colin Kaepernick to launch its latest Air Force 1 sneaker collaboration. Yahoo Finance’s Kristin Myers, Sibile Marcellus, Scott Gamm and Reggie Wade discuss on YFi AM. …read more […]
Trading Ideas
Does Melco Resorts & Entertainment (NASDAQ:MLCO) Deserve A Spot On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story… …read more […]
Business News
Oil slides as Russia touts easing OPEC+ output
Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.
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Tesla hits Musk's controversial 'funding secured' $420 a share target
Tesla shares hit a record high of $420 apiece. …read more […]
Business News
Factbox: From GE to media, Boeing’s new CEO
Boeing Co appointed Chairman David Calhoun as chief executive to steer the world’s largest planemaker through a crisis after two deadly crashes led to the grounding of its best-selling 737 MAX jetliner.
Business News
Timeline: Boeing fires CEO after year of turmoil over 737 MAX
Boeing Co has fired Chief Executive Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.
Business News
S&P is the decade’s runaway winner
U.S. stocks are poised to close out the decade with the longest bull market in history still intact.
Trading Ideas
Former Uber CEO sells more than $2.5B worth of shares
The co-founder and former CEO of Uber is on track to completely sell off his stake in the company. Travis Kalanick has sold more than $2.5 billion worth of shares, which leaves him with less than 10% of his holdings. Yahoo Finance’s Kristin Myers, SIbile Marcellus and Scott Gamm discuss on YFi AM. …read more […]
Business News
U.S. business spending on equipment weak; housing regaining footing
New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.
Business News
Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others
Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.
Trading Ideas
Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others
The investment round, which also included BlackRock Inc, is the fourth this year for Rivian and positions the Plymouth, Michigan-based company as one of the better-financed players in a crowded EV manufacturing market where Tesla Inc is the most established player. “This investment demonstrates confidence in our team, products, technology and strategy,” Rivian Chief Executive R.J. Scaringe said in a statement. …read more […]
Trading Ideas
The Top-Performing Stock of the 2010s Transformed Entertainment — And Returned Nearly 4,000%
The stock was worth less than $10 at the dawn of the 2010s. …read more […]