Trading Ideas

The stock market could get stuck in the mud soon. This top strategist explains why. …read more […]

Airbus is drawing up plans for restructuring involving “deep” job cuts, but has not taken a final decision, industry sources said. If the move is confirmed, the European planemaker is expected to brief unions on the proposals around the end of the month and is meanwhile drawing up contingency plans for a prolonged crisis after furloughing thousands of workers. Chief Executive Guillaume Faury is expected to update managers this week after warning staff last month that the firm’s survival was at stake due to a slump in demand. …read more […]

(Bloomberg) — The Trump administration said firms that took loans that they didn’t need from a small business aid program will be allowed to repay the money without legal consequences, reversing an earlier threat that the government could pursue them criminally.New guidance issued Wednesday for the Paycheck Protection Program by the Small Business Administration and the Treasury Department also said that companies that took loans of less than $2 million will automatically be determined to have done so in good faith because they’re less likely to have access to other resources.The SBA will review all loans above $2 million to …read more […]

Facebook agreed to compensate $52 million to its content moderators who developed PTSD and other mental health issues on the job. Yahoo Finance’s On The Move panel breaks down the latest developments. …read more […]

The Stifel strategist who predicted April’s market rally says the best strategy right now is to be like the Road Runner: “Step out of the way and let anvil hit Wile E. Coyote — the economy. And then after that, the Fed will act and then you can move on, if you’re the investor.” …read more […]

(Bloomberg) — Oil fell despite the first U.S. stockpile decline since January.Futures in New York were down 1.4% after the Energy Information Administration said crude inventories fell by 745,000 barrels indicating that producers recently shutting in production hasn’t been enough to lift the market. The agency reported the lowest crude input by U.S. refineries since 2008 suggesting that demand recovery will take more time.“There still is downside risk in the near term due to the demand side as the normalization of the economy could well be quite choppy and uneven throughout America,” Bart Melek, head of commodity strategy at Toronto …read more […]

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On Wednesday, Jerome Powell shared prepared remarks regarding the future outlook for the U.S. economy, but admits there are ‘longer-term concerns.’ Andrew Slimmon, Morgan Stanley Investment Management Managing Director and Sr. Portfolio Manager, joins Yahoo Finance to discuss. …read more […]

Yahoo Finance’s Brian Cheung breaks down the details from Jerome Powell’s prepared remarks on Wednesday morning. …read more […]

Is Robinhood safe for investors to use? Do I need to link a bank account and provide my social security number? These are a few questions investors ask before downloading the most popular investment application. In fact, Robinhood provides a safe and secure brokerage account that is perfect for new investors.
The popular mobile app currently has over 10 million users. Yet, many people wonder if it has proper security measures in place. Learn more about Robinhood’s features below.

Is Robinhood Safe? How You Are Protected
First and foremost, Robinhood is a securities brokerage. Therefore, it is regulated by the Securities and Exchange …read more […]

COVID-19 has left the U.S. economy reeling, yet Wall Street is pushing forward. Unemployment has reached alarming levels, with the loss of 20.5 million jobs in April bringing the U.S. unemployment rate to 14.7%, but the S&P 500 has staged somewhat of a recovery. While the index dipped Tuesday as investors weighed reopening efforts against fears of a second wave of infections, it has gained about 30% since hitting lows in March.So, what’s driving this stock market disconnect? Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, argues that investors are betting on a future recovery, with these bets being primarily …read more […]

(Bloomberg) — The human cost of producing 99-cent chickens and affordable burgers during a pandemic is pushing U.S. meatpackers to eye major operational changes that will likely make American meat more costly.Some plants are already running slower than normal to adhere to social distancing. But companies are also considering how best to redesign their operations to prevent infections, including by automating some lines altogether. The likely result: higher costs for an industry dominated by the likes of Tyson Foods Inc. and JBS SA that’s been very efficient at pumping out cheap meat.The changes are arriving as concerns mount over mega-plants …read more […]

Powell said in prepared remarks Wednesday that the depth and length of a recession can “leave behind lasting damage,” suggesting that those inside the Fed see slim chances of a V-shaped recovery. …read more […]

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Six months ago, disturbing liver biopsies suggesting some patients in an FDA Phase 2b study of CymaBay Therapeutics (CBAY) suffered inflamed and destroyed liver cells forced the company to suspend nonalcoholic steatohepatitis (NASH) treatment trials of its seladelpar liver treatment drug — and cost CymaBay stock 75% of its market cap. Six months later, a new study just showed no evidence that seladelpar causes liver damage, giving CymaBay the all-clear to proceed with its trials, and more than doubling the stock’s share price on Tuesday.Analysts rushed to hail the results, and as of today, every one of the six analysts …read more […]