Trading Ideas

Boeing Co fell another 20% in premarket trading as the planemaker called for a $60 billion bailout for aerospace manufacturers facing the pain of an extended collapse in global travel. “We’re just in panic mode here,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. Wall Street’s main indexes had bounced on Tuesday from a massive selloff a day earlier, as the Trump administration pressed for a $1 trillion stimulus package and the Federal Reserve relaunched a plan to purchase short-term corporate debt. …read more […]

NEW YORK/LONDON/SINGAPORE (Reuters) – Falling prices for crude oil are usually a good thing for global refiners – except when nobody is driving. Gasoline demand in the United States, the world’s largest oil consumer, is plunging. International flights are being grounded worldwide, slamming jet fuel demand. …read more […]

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The coronavirus pandemic is sending the Dow and S&P; 500 spiraling lower. So what are some signs that the stock market plunge could end? …read more […]

Warren Buffett shares his thoughts about negative interest rates as Treasury yields slide to record lows. …read more […]

The carmaker, seen as a challenger to Tesla Inc , has been hurt by dwindling demand and reduced government subsidies for electric vehicles in China, the world’s largest car market. Last month, it signed https://www.reuters.com/article/nio-funding-electric/update-1-chinese-ev-maker-nio-in-talks-with-hefei-on-funding-plants-idUSL3N2AP2L8 framework agreements with Hefei’s city government to raise more than 10 billion yuan and set up new manufacturing facilities. Vehicle sales in China fell 18% in January while sales of battery electric and other so-called new energy vehicles plunged 54.4%, preliminary data from the China Association of Automobile Manufacturers (CAAM) showed. …read more […]

“With your leadership, we can end this now. The rest of the world will follow your lead. A global Spring Break will save us all,” Ackman Tweeted. …read more […]

When a bear market comes, it’s usually a long time until investors recoup the money they lost and are made whole again. …read more […]

Want to know why the stock market remains under severe pressure? It’s calls like this on growth from one prominent Wall Street investment bank. …read more […]

Potential Ford Motor Company (NYSE:F) shareholders may wish to note that the Independent Director, John Lechleiter… …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

North American oil and gas producers have cut capital spending by about 30% on average, according to data compiled by Reuters. BPBP said it planned to reduce capital and operational spending, which was about $15 billion last year. Chevron Corp said it aimed to trim spending and lower oil output in the near term. …read more […]

Top news and what to watch in the markets on Wednesday, March 17, 2020. …read more […]

(Bloomberg) — Tencent Holdings Ltd.’s quarterly earnings missed estimates after China’s economic slowdown eroded its core gaming business and the cost of fending off ByteDance Inc. and other rivals rose.Net income came in at 21.6 billion yuan ($3.1 billion) in the three months ended December, compared with the average analysts’ estimate of 22.8 billion yuan. Revenue rose a slightly stronger-than-expected 25% to 105.8 billion yuan. While online gaming sales grew 25% — the first double-digit growth of that metric that China’s leading gaming company has managed since the first quarter of 2018 — overall costs swelled almost 20%.Tencent’s worse-than-anticipated profit …read more […]

Nokia said in December it planned to appoint its former networks chief, Baldauf, 64, as chairman, to lead Nokia’s fight against rivals in 5G Huawei and Ericsson. Baldauf’s appointment requires the approval of shareholders, but this week Finland started to close its borders and banned larger public gatherings as it tries to slow the spread of coronavirus. Nokia said it would convene the annual general meeting as soon as it is practical to do so and called for measures to allow fully virtual general meetings. …read more […]