Trading Ideas

(Bloomberg) — Take-Two Interactive Software Inc. slipped in late trading after warning that the current boom in video-game play may fade after lockdowns end.“We do not have expectations for the increased engagement that we’ve seen of late through the back half of the year,” Chief Executive Officer Strauss Zelnick said in a phone interview Wednesday.So-called recurrent customer spending — the amount of money players spend after an initial game purchase — grew 47% in the fourth quarter ended March 31, driving blockbuster results. The company was expecting growth of about 10%.But shares of Take-Two fell as much as 5.9% in …read more […]

(Bloomberg) — Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.In the masterplan backed by President Xi Jinping himself, China will invest an estimated $1.4 trillion over six years to 2025, calling on urban governments and private tech giants like Huawei Technologies Co. to lay fifth generation wireless networks, install cameras and sensors, and develop AI software that will underpin autonomous driving to automated factories and mass surveillance.The new infrastructure initiative is expected to drive mainly …read more […]

Take-Two Interactive Software beat on both its top and bottom lines on its fourth-quarter earnings report released after hours on Wednesday. The software company announced that it was still seeing ‘heightened levels of engagement’ even though 2021 will see a lighter release of products. Yahoo Finance’s Jared Blikre breaks down the software company’s earnings report on The Final Round. …read more […]

The U.S. Senate passed a bill by unanimous consent on Wednesday to take on Chinese companies that are listed on U.S. exchanges. …read more […]

Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc , owner of Uber Eats, to buy rival online food delivery company Grubhub Inc would “raise serious competition issues” in many cities. In their letter, the lawmakers said the deal would give Uber and Grubhub 48 percent of the U.S. market, while Doordash would have 42 percent. A merged Uber Eats and Grubhub would have 79 percent of the market in New York, 68 percent in Boston, 65 percent in Miami, 60 percent in Chicago …read more […]

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Renewable energy sources are rapidly replacing fossil fuels like coal and natural gas. But wind and solar can’t be used as baseload sources.
Both need some form of energy storage. Today, that is being handled by batteries.
Large lithium-ion batteries are seeing rapid deployment. Utilities and homeowners are installing them to solve their storage problems.
But now there’s another unique way to solve renewable energy’s storage problem: hydrogen gas.
Producing and Storing Hydrogen
At first, it might seem like renewable energy and hydrogen aren’t connected – but they are. Let me first show you how hydrogen is produced.
Hydrogen is one of the most abundant …read more […]

Prior to the coronavirus pandemic, leading disruptive influences in travel included alternative accommodations and artificial intelligence, but during the current crisis refunds and cancellations have shattered finances, travel policies, business models, and partner and customer relationships. The fallout has triggered flexible cancellation policies, booking incentives, and some attempts at fence-mending. Consider Airbnb, which saw reservations […] …read more […]

Headlines surrounding a coronavirus vaccine continue to fluctuate as Moderna’s CEO Stéphane Bancel responded on Wednesday to the latest criticism about the company’s coronavirus vaccine data. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]

If you are a long-term shareholder of Costco stock, you’ve no doubt seen a nice return on your investment. In fact, since its IPO in 1985, the stock has gone from $1.67 per share to now over $300. In fact, Costco stock (Nasdaq: COST) has been so consistent in its growth, it’s widely considered to be a blue chip stock.

Why Costco Stock Is A Great Addition to Any Portfolio
In February of this year, the first reported cases of Covid-19 hit the United States. Since then, investors have been struggling to adjust their portfolios to the ever-changing consumption habits of everyday …read more […]

Facebook and Amazon are increasingly moving into each others’ territories, and it could get ugly. …read more […]

(Bloomberg) — The Senate overwhelmingly approved legislation Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. being barred from listing on U.S. stock exchanges amid increasingly tense relations between the world’s two largest economies.The bill, introduced by Senator John Kennedy, a Republican from Louisiana, and Chris Van Hollen, a Democrat from Maryland, was approved by unanimous consent and would require companies to certify that they are not under the control of a foreign government.If a company can’t show that it is not under such control or the Public Company Accounting Oversight Board isn’t …read more […]

Swing trading has made many a hedge fund manager a fortune – including the world’s most successful investor.
Today, Nicholas Vardy shares how this man built his fortune and how swing trading can work for small investors too.

Editor’s Note: Yesterday, Nicholas Vardy explained what swing trading is and how it works. Today, he’s going one step further and sharing concrete examples of how the world’s most successful investor used swing trading to build his fortune.
And – finally – Nicholas is going to break his silence as a former hedge fund manager and reveal the secrets behind his new Oxford Swing Trader …read more […]

(Bloomberg) — Chancellor Angela Merkel said Germany’s talks to bail out Deutsche Lufthansa AG are nearing completion, providing hope for positive resolution just as the embattled airline’s management warned that a multibillion-euro rescue was becoming urgent.“A decision can be expected shortly,” Merkel said late Wednesday in Berlin, adding that “intensive talks” were ongoing with the company and the European Commission, which would need to approve a deal. She declined to go into details, saying: “I would give the advice: wait for the talks to end.”In a letter to employees, the airline warned cash reserves continued to shrink while it negotiates …read more […]

The personal finance personality says you have to face COVID-19 as a financial warrior. …read more […]