Trading Ideas

Innovative Industrial Properties, Inc. (NYSE:IIPR) shareholders might be concerned after seeing the share price drop… …read more […]

A handful of mega-cap tech stocks are behind the stock market’s recent rally. …read more […]

There are currently no approved treatments or vaccines for the novel coronavirus, which has infected 2.18 million globally, according to a Reuters tally, and remdesivir is one of the treatments that has captured investor attention. Gilead said the totality of the data from the trial needed to be analyzed, and expects to report results from a study in severe COVID-19 patients at the end of the month, and data from other trials in May. The report said the University of Chicago Medicine Hospital was seeing rapid recoveries in fever and respiratory symptoms in patients with severe COVID-19 in …read more […]

The stock market is currently caught in a somewhat volatile trading range. The news headlines are far from pretty – the ranks of newly unemployed jumped to 22 million in the U.S. since policymakers are keeping people home to stem new coronavirus infections. Economic growth came to a standstill to end the first quarter, and start the second.But there are pockets of strength, and will be more in the coming months. Once the economy gets to 2021, the year-over-year trends in next year’s first and second quarters could be eye-popping. Healthcare is holding up very well for obvious reasons. Technology …read more […]

Yahoo Finance’s Ines Ferre breaks down the latest market action. …read more […]

Zoom has changed how people communicate during the coronavirus pandemic. But a problem has emerged with all the excess Zooming. …read more […]

Many U.S. airlines are cancelling between 60% and 80% of their flights, and under federal law passengers on those flights are entitled to full refunds, Senators Ed Markey, Elizabeth Warren and Richard Blumenthal said in a statement. “However, many airlines have been obfuscating this right by offering travel vouchers as the default option, requiring passengers to take burdensome steps to request refunds instead,” they said. The Democratic senators had asked Alaska Air Group Inc, Allegiant Air, American Airlines, Delta Air Lines Inc , Frontier Airlines, Hawaiian Airlines, JetBlue Airways Corp , Southwest Airlines Co , Spirit Airlines Inc …read more […]

(Bloomberg) — Shopify Inc. shares are on track for a record high after an executive said the e-commerce company was experiencing traffic similar to peak holiday levels and predicted even more growth.“As we help thousands of businesses to move online, our platform is now handling Black Friday level traffic every day!” Chief Technology Officer Jean-Michel Lemieux said Thursday on Twitter, referring to the day after Thanksgiving that is one of the busiest shopping days of the year. “It won’t be long before traffic has doubled or more.”Shopify gained as much as 11% on Friday, after rising 5.9% on Thursday. During …read more […]

President Trump revealed his three part plan to reopen businesses and restore the economy. Yahoo Finance’s Jessica Smith shares the latest details. …read more […]

Ford’s vehicle sales to dealers fell 21% in the first quarter, compared with the same period in 2019. In March, the company shuttered plants in North America and Europe due to the COVID-19 outbreak. Only Ford’s joint ventures in China, where the pandemic has been receding, are currently producing vehicles and dealers have resumed work. …read more […]

Bears looking for a retest of the market lows may soon have egg on their face. …read more […]

Traders are storing an estimated record 160 million barrels of oil on ships – double the level from two weeks ago as they seek to tackle a glut of stocks created by a slide in global demand from the coronavirus, shipping sources say. Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed a record cut in output from May of 9.7 million barrels per day, or almost 10% of global supply, to help support prices and curb oversupply. At the same time traders have rushed to find storage on land and at sea …read more […]

Alex Piré, Head of Client Portfolio Management for Seeyond, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Heidi Chung to discuss how the markets are faring amid the coronavirus outbreak. …read more […]

Many U.S. airlines are cancelling between 60% and 80% of their flights, and under federal law passengers on those flights are entitled to full refunds, Senators Ed Markey, Elizabeth Warren and Richard Blumenthal said in a statement. “However, many airlines have been obfuscating this right by offering travel vouchers as the default option, requiring passengers to take burdensome steps to request refunds instead,” they said. …read more […]

ConocoPhillips on Thursday announced the biggest drop so far, saying it would slash oil output by 200,000 boepd from earlier forecasts. Along with Chevron , which slashed its Permian output by 20% or 125,000 bpd, and Occidental Petroleum , which reduced 2020 output by 85,000 boepd, the three companies account for 410,000 boepd of the reductions announced by U.S. and Canadian companies. …read more […]