No Picture
Trading Ideas

At Home Group surges after releasing preliminary Q2 results

At Home Group shares jumped following the released of its preliminary second quarter results after hours on Wednesday, in which it reported net sales of approximately $515 million and more than a 40% increase in comparable store sales. The company’s CEO said it was “emerging from this pandemic stronger and even better positioned.” Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the company’s preliminary results. …read more […]

No Picture
Trading Ideas

Qualcomm beats estimates, offers strong forecasts for Q4

Qualcomm released its third quarter earnings report after hours on Wednesday, beating investor expectations on both top and bottom lines. The company also released its fourth quarter revenue outlook which it forecasts between $5.5 billion to $6.3 billion, topping estimates. Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the company’s earnings report. …read more […]

No Picture
Trading Ideas

Qualcomm Shares Rise on Strong Forecast, Huawei Agreement

(Bloomberg) — Qualcomm Inc. gave a strong sales forecast for the current quarter, signaling that fifth generation mobile phone services are taking off. The chipmaker also announced a new licensing deal with China’s Huawei Technologies Co., sending shares up more than 12% in extended trading.Revenue excluding certain items will be $5.5 billion to $6.3 billion in the period ending in September, the San Diego-based company said Wednesday in a statement. Analysts, on average, estimated $5.77 billion, according to data compiled by Bloomberg. Including back payments from Huawei, sales will be $7.3 billion to $8.1 billion, the company said. Profit, excluding …read more […]

No Picture
Trading Ideas

Energy Storage Is Rising in Popularity Despite COVID-19 Setbacks

Up until a few years ago, energy storage was expensive. Many thought it a poorly understood, niche technology.
But technology marches on. And battery energy storage technology does as well.
Prices for this tech are dropping. And energy densities and demand are increasing.
Energy storage is big. And it’s about to get even bigger.
Record-Breaking Year
2020 was shaping up to be a record-breaking year for the U.S. energy storage sector. And it started out strong.
The first quarter saw residential energy storage rise a record 10%.
Then the coronavirus hit.
In April, residential energy storage fell 40% from March’s level.
I’m not surprised. There aren’t many sectors that …read more […]

No Picture
Trading Ideas

PayPal Volume Jumps With Consumers Flocking to Online Sellers

(Bloomberg) — PayPal Holdings Inc. saw spending on its platform surge as more merchants switched to online sales in the midst of the coronavirus pandemic.Total payment volume jumped 30% to $222 billion in the second quarter, topping the $208 billion average of analyst estimates and helping the company notch record revenue.Key InsightsThe technology giant has benefited from consumers’ desire to do more of their shopping online as they seek to limit the spread of the coronavirus pandemic. PayPal expects revenue to climb 25% in the third quarter while payments volume surges 30%. For the full year, PayPal said revenue should …read more […]

No Picture
Trading Ideas

2 “Strong Buy” Healthcare Stocks That Could Be the Next M&A Target

Which stocks have been the stars of 2020? Biotechs. Amid the onset of the global health crisis, companies advancing COVID-19 vaccines, treatments and testing kits have seen their shares take off rapidly on an upward trajectory. That said, Wall Street focus has locked in on the space for a different reason, namely merger & acquisition (M&A) activity.Sure, against the backdrop of the pandemic and the resulting economic downturn, some names have opted to put a temporary hold on deal activity given the uncertainty that remains. That’s not to say deals aren’t being made. Based on data from Refinitiv, in the …read more […]

No Picture
Trading Ideas

How to Retire Early

It’s a big question: How to retire early? For some the very idea may sound like a pipe dream. Others still might feel that the risks of early retirement outweigh the benefits. And it’s worth noting that retirement can come with its share of dangers.

The very idea of retiring can be a scary one. Older adults fear running out of money in retirement more than they actually fear dying. But it’s not just a lack of savings that pose a risk for retirees.
The Harvard School of Public Health shone a direct light on those dangers in its ongoing U.S. Health …read more […]

No Picture
Trading Ideas

Federal Reserve holds rates steady at near-zero

The Federal Reserve on Wednesday maintained interest rates at near-zero, noting that economic activity and employment have “picked up somewhat in recent months” but cautioning that the virus needs to be contained. Yahoo Finance’s Brian Cheung joins Akiko Fujita to discuss.
…read more […]