Trading Ideas

Rates on 15-year loans are as low as 1.875%. Here are four tips for getting a good one. …read more […]

Could a Twitter-TikTok tie-up transpire? The social network and TikTok, owned by China’s ByteDance, have engaged in “preliminary” discussions about merging TikTok’s U.S. operations with Twitter, the Wall Street Journal reported, citing anonymous individuals. Twitter declined to comment. A TikTok rep said via email Sunday, “As a matter of corporate policy we do not comment […] …read more […]

(Bloomberg) — The U.S. passed 5 million Covid-19 infections on Sunday after adding 1 million new cases in just over two weeks. White House economic adviser Larry Kudlow argued the U.S. is making inroads against the spread of Covid-19. Florida’s cases and deaths slowed.The European Commission is hopeful a vaccine will be available by early next year, allowing a gradual return to normality, Handelsblatt reported.Italy’s government reaffirmed its plan to reopen schools next month. That message was echoed by the cabinet in the U.K. even as it again reported more than 1,000 new cases a day. Paris will mandate outdoor …read more […]

Anywhere you turn, COVID-19’s impact can be seen. The deadly virus’ romp around the world and the lockdowns that ensued have had a devastating effect on the economy, with this made abundantly clear by the decline in GDP as well as the high unemployment rate. What else came out of the global pandemic? The crisis has thrust biotechs into the spotlight, with the companies racing to find solutions being cheered by investors. To this end, share prices are flying sky-high and valuations have gone through the roof. This, however, begs the question, are these stocks running on empty? According …read more […]

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Rocket Companies Inc. (NYSE:RKT), a mortgage company run by billionaire Dan Gilbert and best known for its subsidiary Quicken Loans, has released terms for its upcoming IPO. The company will sell 150 million shares with the possibility of selling an additional 22.5 million more at a maximum price of $22, and will thus raise up to nearly […] …read more […]

With a price-to-earnings (or “P/E”) ratio of 31x United Parcel Service, Inc. (NYSE:UPS) may be sending very bearish… …read more […]

Out on Wall Street, where has focus landed? Squarely on growth. Specifically, investors want to know just how high stocks can climb. Plummeting to a low point in March, the market has bounced back incredibly, with the S&P 500 up 50% since then. Given this remarkable rebound, is there more fuel left in the tank? Or has the market surged enough for now? Analysts tell investors there’s still plenty of room for growth, with a few names positioning themselves for a serious boost to the upside. We aren’t messing around here. These are stocks that have already posted substantial …read more […]

Polestar, the one-time performance brand of Volvo that’s now branched out on its own as a fully-fledged automaker, took a big step forward in its mission to be a real player in the EV space. …read more […]

The space “from a small community of space enthusiasts to leadership by seasoned execs”, says Chad Anderson, managing partner at Space Capital. …read more […]

(Bloomberg) — Saudi Arabia’s state-controlled oil giant pressed ahead with a plan to pay $75 billion in dividends this year despite crashing profit and a surge in debt, as the kingdom battles a widening budget deficit.Saudi Aramco said net income for the three months ending in June fell to 24.6 billion riyals ($6.6 billion), down 73% from a year earlier, after crude prices collapsed. Aramco will pay a dividend of $18.75 billion for the quarter, most of it to the government, which owns around 98% of the company’s stock.Aramco’s performance and demand for energy will probably improve over the rest …read more […]

Days after a massive explosion rocked the city of Beirut, WSJ’s Dion Nissenbaum visits the blast site. Photo: Dion Nissenbaum for the Wall Street Journal …read more […]

Twitter Inc. has reportedly held preliminary talks to buy the US operations of the video-sharing app TikTok, which the Trump administration has declared a national-security threat due to its Chinese ownership.It is unclear whether Twitter (TWTR) will pursue a deal with TikTok’s Beijing-based owner ByteDance Ltd., which would face significant challenges, the Wall Street Journal reported.Microsoft Corp. (MSFT), which last Sunday said that it is prepared to continue negotiations to buy TikTok’s US operations after talking to President Trump, is considered the front-runner for any possible deal. Twitter is seen as a long-shot bidder, given that it is much smaller …read more […]

GlaxoSmithKline plc (LON:GSK) stock is about to trade ex-dividend in three days. This means that investors who… …read more […]

Amarin announced on Friday that Kaiser Permanente Northern California (KPNC) is initiating a trial to study the potential of its lead product Vascepa to be used as a treatment to prevent or reduce the risk of complications from viral respiratory illnesses such as COVID-19 in older adults with heart disease.Biotech Amarin (AMRN) said that that the MITIGATE COVID-19 study, will test the effects of Vascepa on viral upper respiratory infection (URI) rates and clinical outcomes, especially involving acute respiratory SARS-CoV-2 infection, in adults with atherosclerotic cardiovascular disease (ASCVD) who are at elevated risk of experiencing moderate to severe COVID-19.The trial …read more […]