Trading Ideas
Who Has Been Buying SM Energy Company (NYSE:SM) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]
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U.S. citizens killed in ambush in Mexico, Man stabbed over Popeyes sandwich, Boeing CEO declines pay bonus
Yahoo Finance’s Adam Shapiro shares what’s making headlines Tuesday. …read more […]
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Paul Tudor Jones: The 2020 election will be the most meaningful of my life for markets
The legendary hedge fund manager spoke at the Greenwich Economic Forum. …read more […]
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Uber beats Q3 revenue, reports over $1 billion net loss
Although the American multinational ridesharing company beat Q3 estimates on the top and bottom line, Uber Technologies, Inc. reported a net loss over $1 billion. MorningStar Analyst Ali Mogharabi joins Yahoo Finance’s Adam Shapiro, Julie Hyman and Brian Cheung to break it down on On The Move. …read more […]
Business News
Wall Street’s trade-fueled record run pauses
The three main U.S. indexes took a breather on Tuesday after expectations of a U.S.-China trade deal propelled them to record highs in the previous session.
Business News
Beyond windmills, Epoch’s Van Valen looks for grid improvements
At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous areas like power lines and grid reliability.
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David Einhorn and Brighthouse: Cheap, but the Stock Could Stay That Way
Looking at one of Einhorn’s cheapest positions Continue reading… …read more […]
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AT&T will pay $60 million over U.S. allegations it lied in 'unlimited data' pledge: government
AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data, without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC. …read more […]
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Peloton reports first earnings results since IPO
Peloton reports first earnings results since IPO. Yahoo Finance’s Jared Blikre and Former CFTC Chief Market Intelligence Officer Andy Busch joined On The Move to discuss. …read more […]
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UPDATE 1-AT&T will pay $60 mln over U.S. allegations it lied in 'unlimited data' pledge -government
AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data, without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC. …read more […]
Business News
Struggling Norwegian Air launches shares issue, bond
Norwegian Air is planning a share issue and a $175 million bond, raising enough cash to meet the struggling budget airline’s needs through 2020 and beyond, it said on Tuesday.
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Uber beats Q3 earnings, reports over $1B net loss
Uber beat estimates on the top and bottom line in the third quarter, but the company reported over $1 billion in net losses. Yahoo Finance’s Emily Mcormick, Jared Blikre and Former CFTC Chief Market Intelligence Officer Andy Busch joined On The Move to break down the numbers. …read more […]
Business News
From cat videos to credit cards, Amazon says customers have to secure own data
Amazon’s cloud computing customers have to decide themselves how best to protect sensitive information online, a senior executive said on Tuesday, following accusations by U.S. lawmakers that the web giant has not done enough to secure data on its servers.
Business News
Peloton feels the burn as post-IPO results point to more losses
Shares in exercise bike fitness startup Peloton Interactive sank 7% on Tuesday as the newly listed firm forecast a loss for fiscal 2020 and said it was choosing to focus on growth over profit for now.
Trading Ideas
Peloton feels the burn as post-IPO results point to more losses
Known for its on-demand workout programs on exercise bikes which allow riders to join virtually with other participants, the company in September was the latest in a run of startups to receive a subdued reception from stock market investors this year. Peloton, which posted a bigger-than-expected quarterly loss, said it expects to report an adjusted loss of between $150 million and $170 million before interest, tax, depreciation and amortization for 2020. “We are within striking distance of profitability,” Chief Executive John Foley said on a call with analysts on Tuesday. …read more […]