Trading Ideas

(Bloomberg) — The coronavirus outbreak may last for two years and won’t be controlled until about two-thirds of the world’s population is immune, a group of experts said in a report. Moderna Inc., which is developing experimental vaccines, said it had entered an agreement aimed at manufacturing a billion doses a year.Russia had a surge in new cases a day after Prime Minister Mikhail Mishustin said he had tested positive. Hubei province, the epicenter of China’s outbreak, will lower its emergency response, while Japanese Prime Minister Shinzo Abe said he would probably extend the emergency by about a month.Exxon Mobil …read more […]

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Heidi Chung break down the market action for Amazon. …read more […]

Tesla reported a surprise profit and better-than-expected margins for the first quarter. As a result, Canaccord Geunity analysts raised their price target for Tesla Inc (NASDAQ:TSLA) stock from $400 to $650 per share, although they maintained their Hold rating on the shares. Tesla margins, profit surprise The automaker reported earnings of $1.24 per share on […] …read more […]

I’m interested in growth because I’m young and my risk tolerance is higher. Companies that pay dividends don’t appeal to me because I don’t need the recurring income, as I have a job to pay my bills. I would rather see companies use that money to fuel their growth in the short and long term. […] …read more […]

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(Bloomberg) — A Gilead Sciences Inc. analyst advised investors to take their profits on the company’s $26.5 billion surge amid uncertainty on how the drugmaker could generate revenue from its Covid-19 drug candidate, remdesivir.The biopharmaceutical company’s plan to make the drug “affordable” and give away free doses for the time being clouds expectations of how it can use the medicine to turn a profit, SunTrust analyst Robyn Karnauskas warned clients in a note, downgrading the stock to sell from hold.“While we commend Gilead and do believe during this pandemic the company is doing the right thing, fundamentally we find the …read more […]

Cedars-Sinai is embroiled in a political battle over Trump’s remarks on a potential virus treatment. …read more […]

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Exxon Mobil Corp joined a parade of oil companies posting downbeat results as it posted a first-quarter loss after a nearly $3 billion inventory writedown on plunging oil demand and low prices. Oil giants have largely reported losses because of weaker margins and writedowns from an oil glut that has has sent prices to historic lows. Exxon said profit fell in every business apart from chemicals, which benefited from low oil and gas prices. …read more […]

Angel investors sound like mythical creatures. But they’re more common than we think. And they can be the difference between success and failure for startup companies.
In this article, we’ll answer the question, what is an angel investor? Also, how they can help and what they look for in an investment. Let’s get started…
What is an Angel Investor?

Some people believe the term angel investor comes from Broadway. When producers needed funding, they might turn to the wealthy folk in uptown. To this day, angel investors look for opportunities in theatre.
But angel investing doesn’t only apply to Broadway. Now, business angel is …read more […]

Cosmetics companies dealing with the fallout from the closure of department stores, airport duty free shops and beauty parlours due to COVID-19 led lockdowns have been ramping up their online business. Estee Lauder too has been tapping in on its massive online presence and saw a double-digit rise in global online sales as more consumers flocked to websites. …read more […]

Earnings at Chevron were $3.6 billion in the quarter, up 38% from $2.6 billion during the same period last year and boosted by $1.6 billion in asset sales in the Philippines and Azerbaijan. Total revenue and other income fell more than 10% to $31.50 billion in the quarter. …read more […]

The U.S. government’s $660 billion small business rescue program has stumbled on missing paperwork, technology failure, and the misdirection of funds to big corporations. The second round of the Small Business Administration’s Paycheck Protection Program launched on Monday, allowing lenders to issue forgivable, government-guaranteed loans to small businesses shuttered by the novel coronavirus outbreak. Smoothing the forgiveness process is critical for the program to succeed, but a lack of government guidance on the related calculations and necessary documentation could land borrowers and banks alike with billions in unexpected debts. …read more […]

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