Trading Ideas
Uber co-founder Travis Kalanick unloads $547M of shares
Kalanick still owns about 4.4 percent of Uber after the share sale. …read more […]
Articles by admin
Trading Ideas
Warren Buffett: It Is Not Always Worth Chasing After Growth
The CEO of Berkshire Hathaway on why growth is not always the best option for companies. Continue reading… …read more […]
Trading Ideas
Alibaba’s Singles Day Sale Breaks Records
Singles – I am one myself – may be notorious for having their hearts broken. But on Alibaba’s 2019 Singles Day event, hearts aren’t the only thing being broken. Sales records are too and shareholders should take notice.
As the 24-hour sales event that eclipsed both Black Friday and Cyber Monday in 2018 continues to roll out, the e-commerce giant broke its own record by generating over $38 billion in sales. This, despite a slowing Chinese economy and a continuing trade war with the United States.
An E-commerce Day to Celebrate Singles
Singles Day, which is held on November eleventh (11/11) because the …read more […]
Trading Ideas
Warren Buffett: Risk Is 'Inextricably' Tied to Time
Some thoughts from Buffett on the topic of risk and reward Continue reading… …read more […]
Trading Ideas
The World Really Isn’t Going to Hell… Here’s Why
A clear-eyed view of our nation and the world is essential for successful investors.
Today, Alexander Green explains how you can filter out constant media negativity and focus on achieving a rich life.
Being a good investor starts with having a clear-eyed view of our nation and the world.
For example, those with an overly pessimistic outlook have spent years holding precious metals or cash, earning meager returns and missing the phenomenal gains available in equities.
Those with rose-tinted glasses, on the other hand, went into the Great Recession without portfolio diversification or risk mitigation – like asset allocation and trailing stops – and …read more […]
Business News
Apple aims to launch AR Headset in 2022, AR Glasses by 2023: The Information
Apple Inc is aiming to launch augmented-reality headset in 2022 and a sleeker pair of AR glasses by 2023, news website The Information reported on Monday, citing people familiar with the matter.
Trading Ideas
Panic Grips Arista Networks Stock After Earnings Report
Bearish sentiment because of temporary weakness indicates buying opportunity on the stock Continue reading… …read more […]
Trading Ideas
Gold-silver bars worth at least $6 mln stolen from Mexican miner
Gunmen robbed a truck carrying bars made of doré – a gold and silver alloy – from a unit of Mexican mining firm Fresnillo, the company said late on Sunday. Mexican media said the robbery occurred in the northwestern state of Sonora between the towns of Caborca and Sonoyta. …read more […]
Business News
Uber’s Kalanick sells 21% of his stake after share lockup expires
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing company following the expiry of a so-called lockup period, a regulatory filing from late Friday showed.
Business News
Oil steadies as Cushing drawdown faces trade worries
Oil prices steadied on Monday after industry data showed a drop in stocks at the Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.
Business News
Exclusive: Occidental seeks up to $700 million for Anadarko assets in Wyoming, Colorado – sources
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter.
Business News
Dollar, stocks slip amid trade deal uncertainty
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks over the weekend suggested an end to the trade war with China was still not in sight, dashing recent investor optimism.
Business News
Smaller, thinner, less sweet snacks? Mondelez makes health drive
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday.
Trading Ideas
AstraZeneca succeeds in treating lupus in late-stage study
AstraZeneca Plc said on Monday its experimental treatment significantly reduced disease activity in patients with autoimmune disorder lupus, in a late-stage study. The results pit the British drugmaker’s anifrolumab against rival GlaxoSmithKline Plc’s Benlysta – the only new drug approved for lupus in the last 60 years. Benlysta recorded 473 million pounds of global sales in 2018, up 26% from a year earlier. …read more […]
Business News
China’s Jingye Group agrees outline deal to rescue British Steel
China’s Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5 billion) over the next decade and save thousands of jobs.