Trading Ideas

Microsoft and Facebook are hitting at Apple as antitrust investigations into the iPhone maker ramp up. …read more […]

(Bloomberg) — With the stroke of a pen, Donald Trump made his strategic fight with China hit home for potentially billions of people — generating confusion, panic and fear around the globe.The U.S. president’s move to ban the Chinese-owned TikTok and WeChat in just over six weeks from now sent shockwaves through the tech industry and the many American businesses who rely on the apps to sell goods in China. The decision also spurred alarm on Chinese social media, with WeChat users in the U.S. posting contact information so friends and family could reach them if the app disappeared. An …read more […]

(Bloomberg) — Nokia Oyj Chief Executive Officer Pekka Lundmark said the Finnish networks maker plans to stand clear of geopolitics as the technology industry increasingly is thrust into trade and political conflicts.Lundmark, who took the reins at Nokia on Aug. 1, is finding his footing in a tense situation that pits China — and Nokia’s rival Huawei Technologies Co. — against the U.S. and other governments moving to ban the Chinese supplier from their fifth-generation mobile networks.“I think it would be a big mistake if individual businesses would start to drive their political agenda,” he said in an interview on …read more […]

Nokia’s new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race. U.S. government pressure to limit the use of China’s Huawei [HWT.UL] presents an opportunity for Nokia as next generation technology is rolled out, but Lundmark would not be drawn. “Maintaining good relations with governments in pretty much all parts of the world is extremely important,” Lundmark said in a video interview with Reuters on Friday. …read more […]

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(Bloomberg) — Former national security adviser Susan Rice, a Netflix director, sold some of her shares of the video streaming company worth $305,323 this week as speculation swirls that she is among the candidates to be Democratic presidential nominee Joe Biden’s running mate.A spokeswoman for Rice said the sale was unrelated to politics and was made under a stock trading plan she filed more than three months ago under Securities and Exchange Commission rules.“Ambassador Rice’s sale of a fraction of her Netflix stock has nothing to do with VP speculation,” Erin Pelton said.Rice, who also served as the U.S. ambassador …read more […]

Does the July jobs report signal a V-shaped economic recovery? Special assistant to the president and NEC chief economist Joseph Lavorgna weighs in. …read more […]

Today we’re going to take a look at the well-established Fortinet, Inc. (NASDAQ:FTNT). The company’s stock received a… …read more […]

Yahoo Finance’s On The Move panel weigh in on the latest stories making headlines. …read more […]

(Bloomberg) — United Parcel Service Inc. and FedEx Corp. shares jumped after the couriers said they are raising prices aggressively to boost profit and help manage an avalanche of residential deliveries spurred by the coronavirus pandemic.UPS plans to apply holiday season surcharges of as much as $4 a package for shippers that send more than 25,000 parcels a week and whose peak-season volume is triple February’s level. On the low end, the charge is $1 a package for ground deliveries for shippers with volume at least 10% above February’s level. UPS, which skipped the peak-season fees last year, charged less …read more […]

The marijuana market is growing, well, like a weed. And yet, due to its federal legal status, figuring out how to invest in marijuana stocks can get a little sticky. But, the effort can be worth it.

Global spending on marijuana shot up 46% in 2019. And there aren’t any signs of it slowing down. Worldwide revenue from legal marijuana has been forecast to explode to $103.9 billion by 2024. That would be an astounding 853% increase in sales over the course of just six years.
So it’s not surprising that savvy investors are flocking to marijuana stocks in droves. And keep …read more […]

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New York’s school districts will welcome students back into classrooms in the fall, Governor Andrew Cuomo announced on Friday, as the former coronavirus epicenter continues on its recovery. …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Friday. …read more […]

Sometimes a market rally makes sense, but for many investors, the current run-up just doesn’t. Bouncing back with incredible force, the S&P 500 has gained 50% since plummeting to a low point on March 23, with the index now landing just shy of its 52-week high.This impressive charge forward has come as investors shrug off COVID-19’s devasting impact on the economy. Even the fact that the U.S. only added 167,000 employees to private payrolls in July, compared to the 1 million expected, hasn’t been able to derail this bullish trading action. On top of this, gloomy COVID-19 headlines continue to …read more […]