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Benzinga's Bulls And Bears Of The Week: Amazon, Netflix, Starbucks And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included the iPhone maker and the king of e-commerce. * A coronavirus play and the electric vehicle leader were among the bearish calls.Fears of a pandemic resurgence and other bad news finally caught up with the markets last week. Tempered optimism brought a sharp retreat in stocks on Thursday, in the wake of Federal Reserve commentary and even the Nasdaq hitting an all-time high. The tech-heavy index ended the week down more than 2%, while the Dow …read more […]

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What to Read Before You Invest

In this week’s edition of State of the Market, income investing expert Marc Lichtenfeld reveals the 8 best financial books for beginning investors. In the accompanying article below, Wealthy Retirement’s Mable Buchanan gives some background on the video and why these books are so important.
Chief Income Strategist Marc Lichtenfeld has homework for you…
But trust me, you’ll thank him for it.
In this week’s edition of Marc’s popular State of the Market YouTube series, he shares the best financial books for beginning investors who want to master their finances.

The market’s recent volatility has proved how valuable these financial books are…
Dismal forecasts from …read more […]

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Hedge Funds Never Been Less Bullish On California Resources Corporation (CRC)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]

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Italy, Germany, France and Netherlands sign contract with Astrazeneca for COVID vaccine

Italy, Germany, France and the Netherlands have signed a contract with Astrazeneca to supply European citizens with a vaccine against the coronavirus, Italy’s health minister said on Saturday. The contract is for 400 million doses of the vaccine, which was developed with the University of Oxford and whose experimentation phase is already advanced and expected to end in autumn, Roberto Speranza said in a Facebook post. …read more […]

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Snowflake IPO: Data Warehousing Company Confidentially Files

In 2019, a Snowflake IPO was announced to come to the market. And recently the company confidentially filed with the SEC. Now, investors want to know when to expect Snowflake stock.
But is Snowflake a good investment? Here’s what we know…
Snowflake IPO: The Business

Three data warehousing experts founded Snowflake in 2012, naming it for their love of snow sports. The company’s first CEO was venture capitalist Mike Speiser. He remained at the company while it was in stealth mode. It wasn’t until October 2014 Snowflake launched to the general public under its new CEO Bob Muglia. Muglia brought experience from his …read more […]

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Venezuela’s Oil Production Plunges to Lowest Level Since 1945

(Bloomberg) — Oil production in Venezuela, the country with the world’s largest reserves of crude, has fallen to a 75-year low with U.S. sanctions continuing to cripple the country’s exports.Venezuela’s state-run oil company Petroleos de Venezuela SA lowered its production estimates to 374,000 barrels a day as of Wednesday, according to a document seen by Bloomberg, a level not seen since 1945. Its slide is a result of U.S. sanctions that have scared most of the world’s oil buyers away from Venezuelan crude, resulting in a storage glut that forced it to shut fields across the nation.PDVSA’s production estimate is …read more […]