Fed Chairman Jay Powell said Friday that Americans should wear masks and follow social distancing guidelines, adding the recovery will “get harder from here.” …read more […]
(Bloomberg) — Moderna Inc. shares slid 3.5% on Friday as unease mounted about the biotech’s Covid-19 vaccine trial fueled by ongoing insider shares sales and an enrollment slowdown.With late-stage trial results weeks away, the stock has shed more than a third of its value from record highs in mid-July. Still, shares have more than tripled since the beginning of the year, prompting several insiders to cash out.Chief Executive Officer Stephane Bancel, who found himself a newly minted billionaire as a result of the pandemic, disposed of an additional 18,000 shares this week, including some tied to entities controlled by him.The …read more […]
Despite the recent pullback, 2020’s frothy stock market has provided Tesla (TSLA) investors with massive returns. However, if Wall Street’s most prominent Tesla bear has his way, the next 12 months will be a steep descent to the bottom.GLJ Research analyst Gordon Johnson expects Tesla shares to be changing hands for $19 each a year from now (yes, that’s not a typo), implying a decline of 96%. Needless to say, Johnson’s rating for Tesla is a Sell. (To watch Johnson’s track record, click here)Johnson has so many issues with Tesla, it is hard to know where to start. On the …read more […]
Kramer Capital Research Chief Investment Officer Hilary Kramer joins Yahoo Finance’s Kristin Myers to discuss her outlook on the markets as the tech sector extends its selloff following a record run. …read more […]
The U.S. Defense Department said on Friday it has completed a comprehensive re-evaluation of its $10 billion JEDI cloud computing contract proposals and determined that Microsoft Corp’s submission still represents the best value for the government. Despite the reaffirmed award to Microsoft, the contract remains on hold after a judge in February granted Amazon.com Inc’s request to temporarily halt the deal from moving forward. Amazon argued the contract process reflected undue influence from President Donald Trump. …read more […]
Apple’s new 27-inch iMac is packs tons of performance power and a stunning 5K display. But it’s pricey. …read more […]
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
If you are looking for the best ideas for your portfolio you may want to consider some of Longleaf Partners top stock picks. Longleaf Partners, an investment management firm, is bullish on General Electric Co (NYSE:GE) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its […] …read more […]
The rise of big tech in the 21st century has investors around the world asking “how to invest in Apple.” The Steve Jobs story is that of a college dropout who changed the way we think about and use technology in our everyday lives.
The impact Steve Jobs has had on the world we live in is undeniable. Whether you are reading this article on an Apple device or not, chances are there is one close by. Maybe it’s your son’s iPhone, your sister’s iPad, or your mother’s MacBook Pro. With more than 1.5 billion devices in use by customers around …read more […]
A look at the shareholders of Virgin Galactic Holdings, Inc. (NYSE:SPCE) can tell us which group is most powerful… …read more […]
Trump administration officials pushed back against a brewing political tug-of-war over the availability of a vaccine. …read more […]
Perhaps investors — and even the average American household — should have been rooting for a more downbeat August employment report. …read more […]
DocuSign did its part in the second quarter to capture the hearts of investors. Now the stock market is doing its part. …read more […]
The personal finance celeb says borrowers who do this make her “so crazy.” …read more […]
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