Trading Ideas

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President Donald Trump signed an executive order targeting social media companies. Yahoo Finance’s Alexis Keenan breaks down the details of the executive order on The Final Round. …read more […]

Las Vegas might not be reopening until June 4, but that didn’t stop us from beating the house this week with a bet on casinos.
That’s exactly what War Room members did in a classic “buy on the rumor, sell on the news” type of event.
And in the longer term, there is more money to be made.
With one look at the regional casinos in places like Mississippi, you can get a taste for the type of future action that the Vegas casinos could see.
People are dying to get out of the house, and wearing a mask isn’t hampering their hankering to …read more […]

Salesforce reported a mixed bag of earnings with results of $4.87B in revenue, which is up 30% year-over-year, while guidance for the coming quarter is lighter than anticipated. The Final Round breaks down the numbers. …read more […]

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At two previous companies, new United Airlines CEO Scott Kirby developed a reputation for bluntness, often favoring honest answers over diplomatic ones. On Thursday, speaking at his first public forum since taking over last week from Oscar Munoz, Kirby showed he wouldn’t drop the act just because he now leads a Fortune 100 company. In […] …read more […]

(Bloomberg) — Salesforce.com Inc. trimmed its annual revenue and profit forecasts, indicating that the coronavirus-induced recession has weakened demand for the software maker’s cloud applications. Shares declined 4% in extended trading on the news.Sales in fiscal 2021 will be about $20 billion, down from an earlier projection of as much as $21.1 billion, the San Francisco-based company said Thursday in a statement. Analysts, on average, estimated $20.7 billion.The company expects profit, excluding some items, of $2.93 to $2.95 a share, compared with analysts’ projection of $3.14.Chief Executive Officer Marc Benioff, now heading the company solo after co-CEO Keith Block stepped …read more […]

(Bloomberg) — AstraZeneca Plc’s blockbuster drug Tagrisso cut the risk of lung cancer death or relapse by four-fifths over three years, according to detailed results from a study that raises survival prospects for patients in the early stages of the deadly disease.Adding Tagrisso to the regimen of early-stage lung cancer patients who had undergone surgery reduced the risk of dying or disease recurrence by 79%, compared with a placebo, according to the research. Patients’ tumors also had a mutation in a cancer-linked gene, called EGFR. AstraZeneca will present the results at the American Society of Clinical Oncology’s annual conference on …read more […]

There’s a funny image going around the internet…
It’s a billboard for the movie I Know What You Did Last Summer. And underneath the movie poster, someone added text that says “ABSOLUTELY NOTHING.”
Now that summer has (at least unofficially) begun, this image is painfully real.
Many camps have canceled their sessions. Parents – who have already endured three months of at-home cyberlearning – are looking at another three months of perpetual complaints of boredom until their kids can go back to school… if schools reopen in the fall.
And sadly, countless vacations have been laid to rest. So right now, many of …read more […]

Nordstrom Inc released its first quarter earnings report after hours on Thursday, seeing a sharp drop on both top and bottom lines. The company didn’t offer any guidance for its next quarter but did emphasize that it had enough liquidity to get through the year. Yahoo Finance’s Myles Udland breaks down the retail companies earnings report. …read more […]

(Bloomberg) — U.S. stocks erased gains and ended lower after President Donald Trump said he’d hold a press conference Friday to discuss China, potentially stoking tensions between the world’s two largest economies.The S&P 500 lost an advance of more than 1% on Trump’s announcement, with investors speculating the U.S. will take action against China that could destabilize the global economy, although the precise agenda was unclear. Traders have warily been watching an escalation between Washington and Beijing even as stocks surged for the past two days. Chinese lawmakers earlier approved a proposal for new national-security legislation in Hong Kong, a …read more […]

Nareit Senior Economist and Former Federal Reserve Economist Calvin Schnure joins Yahoo Finance’s Akiko Fujita to discuss the most recent jobless claims as another 2.123 million Americans file for unemployment benefits. …read more […]

You would expect that the world’s most intelligent business experts would also be the most successful investors, but that’s not the case.
Today, Nicholas Vardy explains why a high IQ is not the key to success in investing and trading.

Throughout my investment career, I have studied many of the world’s leading traders and investors.
The majority of these folks were smart by most conventional measures.
But very few had the sky-high IQ of a mathematics professor like Renaissance Technologies founder Jim Simons.
Warren Buffett agrees that high intelligence is not necessary to be a world-class investor.
As Buffett put it…
Success in investing doesn’t correlate with …read more […]

Gold has shown high volatility this year as traders try to react to the coronavirus crisis. The metal started the year sedately, but began to rise in February as the crisis spread out of China. As central banks inject money into the global economy via an unprecedented qualitative easing, and cut interest rates in an effort to restart economic activity, the mid- to long-term result will likely be steady increases inflation — a favorable environment for gold. As Stifel analyst Tyron Breytenbach notes in his recent report on precious metals, “Gold has traditionally outperformed during periods of high inflation as …read more […]

Yahoo Finance’s Brian Cheung joins Zack Guzman to discuss the latest changes to the Paycheck Protection Program. …read more […]