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Intel Can Leave Memory Games to Samsung

(Bloomberg Opinion) — Intel Corp. has stumbled lately. To right itself, the semiconductor giant needs to get back to basics and prioritize its main business. An exit from the memory industry would help that effort.On Monday, the Wall Street Journal reported that Intel is close to selling it memory-chip subsidiary to SK Hynix Inc. for about $10 billion, citing people familiar with matter. Despite large investments in flash memory, Intel has never been able to become a big player in these types of semiconductors, which are used in storage devices inside computer hard drives and consumer electronics. That’s a problem …read more […]

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Market Recap: Monday, October 19

Stocks ended near session lows on Monday, with the Dow falling more than 400 points as shares of Johnson & Johnson, Microsoft and Apple weighed on the blue-chip index. Meanwhile, the Nasdaq logged its fifth straight day of declines, as investors continued to weigh fading prospects of a near-term stimulus package, and eyed still-rising coronavirus cases in the U.S. …read more […]

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Three Holiday Shopping Tips for Financial Freedom

Trends Expert Matthew Carr gives three holiday shopping tips to help you keep money in your pocket. Although the holidays can give investors great investment opportunities, Matthew notes another way to reach financial freedom: saving money.
I often say that this is my favorite time of year because of all the profitable trends coming to a head.
But beyond the potential investment opportunities it offers, this season can lead to some financial stress… especially when it comes to gift giving and money.
Holiday Shopping Tips to Help You Save Money
Look, we’ve all been there.
We want to lavish our friends and loved ones with …read more […]

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IBM revenue edges past estimates on cloud strength

The results come just weeks after Big Blue surprised investors with its announcement of splitting itself into two public companies, placing big bets on cloud computing to drive its future growth. “We continue to see a very strong pattern in acceleration of our clients’ digital transformation … We are seeing that play out in our Red Hat business,” Chief Financial Officer James Kavanaugh told Reuters. IBM’s total revenue fell 2.6% to $17.56 billion in the reported quarter, but was slightly above analysts’ estimates of $17.54 billion, according to IBES data from Refinitiv. …read more […]

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IBM Revenue Beats Estimates, Buoyed by Growth in Cloud Sales

(Bloomberg) — International Business Machines Corp. reported third-quarter revenue that beat analysts’ forecasts, driven by gains in its cloud offerings, an area the company will focus on exclusively after spinning off legacy business units.Earlier this month IBM announced plans to shed its division that manages corporate computer systems and go all-in on cloud services and artificial intelligence to help revive fortunes at the 109-year-old company. After two years of declining or flat revenue, IBM is hiving off the unit that handles day-to-day infrastructure service operations and accounts for about a quarter of the company’s total sales. But that business has …read more […]

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What the Street is expecting from Netflix’s third quarter 

Netflix is set to report its third quarter earnings report after hours on Tuesday. Consensus analysts are expecting strong third quarter earnings results, with its sales growing 22% over last year and 3.3 million in new paid streamers (per Bloomberg data). Yahoo Finance’s Final Round panel discuss what to expect from the streaming company’s third quarter. …read more […]

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These 3 Penny Stocks Have Massive Upside Potential, Says Cowen

It’s a mixed bag when it comes to opinions on penny stocks. These tickers trading for less than $5 per share divide Wall Street like no other; market watchers either love them or hate them.It’s easy to understand the appeal. First and foremost, you get more bang for your buck. On top of this, with shares changing hands for bargain prices, even what seems like miniscule share price appreciation can translate to monstruous percentage gains. For some, however, the risk poses too great a threat to ignore. When you look under the hood of these low-priced names, you might …read more […]

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10 Global Trends Every Smart Investor Should Know

The trend is your friend. Every investor has heard it.
To maximize returns in the stock market, you must be on the right side of unfolding developments.
But which ones?
Reported cases of COVID-19 are rising, here and abroad. Millions of businesses are either shut down or running at reduced capacity. And the world is on track for the biggest annual economic contraction since the Great Depression.
These trends are negative.
On the other hand, energy is cheap. Inflation and interest rates are low. We have unprecedented monetary and fiscal stimulus. And third quarter GDP growth – when announced by the Bureau of Economic Analysis …read more […]

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'Not just him': What Trump's antibody use says about the future of coronavirus treatments

President Donald Trump’s recovery from COVID-19—and his aggressive advocacy of antibody cocktails as a “cure”—offer few reasons of encouragement for the general public given their relative scarcity, costs and mostly unproven nature, according to several experts who spoke to Yahoo Finance. …read more […]

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All About Earnings Season October 2020: What To Expect

Earnings season might be the most important time of the year for investors in the stock market. It represents the period when publicly-traded corporations release their quarterly earnings report and revealing their latest quarterly performance to the public. In general, earnings season begins about six weeks after the end of a fiscal quarter, and it lasts for about six weeks.
Earnings season has big consequences for the short-term price of a stock. Depending on whether or not a corporation’s quarterly earnings meet, beat or miss stock analysts’ expectations, the price of a stock will rise or fall. But earnings season also …read more […]