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China Solar Giant Sees Booming Growth Despite U.S. Panel Tariffs

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. One of the world’s largest solar-panel manufacturers sees booming growth in the U.S. even if President Donald Trump doesn’t lower tariffs next year.China’s JinkoSolar Holding Co. Chief Financial Officer Charlie Cao expects U.S. demand for its products to surge nearly 45%, to 4 gigawatts, in 2020 as the Trump administration considers whether to move ahead with a scheduled 5% cut to duties on imported panels.“It’s not going to have any change,” Cao said in an interview Wednesday at Bloomberg headquarters …read more […]

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The Lonely Oil Giant That’s Saving Norway’s Crude Production

(Bloomberg) — The giant Johan Sverdrup oil field is coming to the rescue of Norway’s oil industry — again.The improbable mega-project in the North Sea, years after the oil province’s heyday, already provided a lifeline to engineers and platform builders starved for work during a historic slump in the crude market. That was evident during a visit to the project this week as some of the more than 500 workers on the facility zip by on the scooters used to cut travel time between the four connected platforms.Now that it’s started producing, Equinor ASA’s flagship project is showing what it …read more […]

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Qualcomm Loses Antitrust Case in South Korea

Dec.04 — South Korea’s High Court ruled in favor of the Korean antitrust regulator over a record 1.03 trillion won ($864 million) fine against Qualcomm Inc. for the abuse of its market dominance in modem chipsets. Qualcomm says it will file an appeal to the ruling. Ian King reports on “Bloomberg Technology: ” …read more […]

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Hedge Funds Sold Tesla Inc. (TSLA) A Bit Too Early

It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […] …read more […]

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Intel vs. AMD: Which Chip Stock is the Better Buy?

Real Madrid vs Barcelona, The Beatles vs The Stones – our cultural landscape is filled with intense rivalries which arouse the tribal instincts in us all. Almost everyone has an opinion, and a favorite to go along with it.Add to this list then, CPU giants Intel (INTC) and Advanced Micro Devices (AMD). The two are the only major players regularly fighting it out in the CPU market. Although Intel’s market cap is almost 5 times bigger than AMD’s, the latter has been making big strides this year.Stock Comparison Tool | TipRanksAMD has taken advantage of Intel’s shortages in the low …read more […]

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Multiply Your Profits With a Little-Known Wall Street Secret

The market can be a humbling force for any investor, financial analyst or writer. It often runs in the opposite direction than we predict, mocking our best judgment in the process.
Even I’m not immune to making losing calls from time to time…
So whether the market rallies sooner than expected or falls harder than expected, it’s important to have flexible strategies in place.
One way to stay profitable or protected whichever way the market goes is to use the old fail-safe investment strategy: Long-Term Equity Anticipation Securities (LEAPS).
Low-Dollar Risk… High-Dollar Return With LEAPS…
Right off the bat, LEAPS options reduce the amount of …read more […]

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UPDATE 1-PG&E nearing $13.5 bln deal with wildfire victims -Bloomberg

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. The company had proposed paying the victims no more than $8.4 billion in September. The wildfire victims had opposed the company’s reorganization plan and allied themselves with PG&E bondholders, who proposed their own reorganization plan. …read more […]