Trading Ideas

(Bloomberg) — Amazon.com Inc. notified employees Tuesday of the first confirmed case of coronavirus among its U.S. workforce. The online retailer told workers about the infected employee via email.The employee left work Feb. 25 due to an illness and the company said it was informed Tuesday that the person had contracted Covid-19. All co-workers in contact with the employee, who were at Amazon’s South Lake Union office complex in Seattle, have been notified, the company said.Two Amazon employees in Italy were previously confirmed to have contracted the virus. The company has said it will limit nonessential travel within the U.S. …read more […]

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (see the details). So, how do we invest in this environment? We track hedge funds […] …read more […]

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (see the details). So, how do we invest in this environment? Although the masses and […] …read more […]

The “knock-on” effects of broken supply chains and demand destruction in and outside of China could lead to the first period of negative demand growth since the financial crisis of 2008/2009 …read more […]

(Bloomberg) — U.S. stock futures rose after early wins in the Super Tuesday primaries by Joe Biden lessened the chance of the Bernie Sanders nomination that had unsettled some investors.The yen dipped and Japanese equities recouped early losses. Futures on the S&P 500 were up about 0.8% after the index had tumbled almost 3% in wake of an emergency 50 basis-point Federal Reserve interest-rate cut that had failed to ease concerns about an economic downturn thanks to the coronavirus. Ten-year Treasury yields stayed below 1% after falling below that level for the first time Tuesday.Biden, positioned as a moderate against …read more […]

(Bloomberg) — Hewlett Packard Enterprise Co. reported sales that fell short of Wall Street estimates, signaling weaker corporate demand for servers amid macroeconomic concerns and the ongoing shift to cloud computing.Fiscal first-quarter sales declined 8% to $6.95 billion, the San Jose, California-based company said Tuesday in a statement. It marked the fifth consecutive quarter of year-over-year sales declines. Analysts, on average, expected $7.21 billion, according to data compiled by Bloomberg.Profit, excluding some items, was 44 cents a share, matching analysts’ projections. The company also maintained its fiscal 2020 outlook for adjusted profit at $1.78 to $1.94 a share.HPE Chief Executive …read more […]

(Bloomberg) — Mike Wirth didn’t beat around the bush Tuesday: Chevron Corp. won’t go carbon neutral anytime soon.Wirth, chief executive officer of the second-largest U.S. oil company, called the goals set by many European rivals “aspirational.” Instead, he said, Chevron will take a more realistic path for a major producer of fossil fuels with “concrete actions” to reduce carbon emissions within its own operations.“We’ve not set long-term targets that we’re not exactly sure how we will get to,” Wirth said in an interview with Bloomberg TV. “Our approach has been, get on the path, start taking actions, set short-term accountability …read more […]

HPE now expects 2020 free cash flow between $1.6 billion and $1.8 billion, down from its prior outlook of $1.9 billion to $2.1 billion. “The health issue is causing disruption to both supply and demand, and while we cannot quantify the real impact at this time, we’re monitoring the situation closely and are working with our suppliers to minimize potential impact,” Chief Financial Officer Tarek Robbiati said on a post earnings call with analysts. …read more […]

In the blink of an eye, Aphria (APHA) dipped to the lows $3s. The Canadian cannabis company remains the prime investable stock in the sector with the best combination of facilities, revenues and cash on the balance sheet. Despite all the positives, the stock is down nearly 70% from the highs this time last year providing the chance that investors shouldn’t pass up.Low InventoryPossibly the best part of the Aphria story was the company not wildly build facilities in 2019. In the process, the company didn’t build up a large inventory before the Canadian cannabis market was fully ready for …read more […]

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Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (see the details). So, how do we invest in this environment? We watch corporate insiders […] …read more […]

Dr. James Hamblin, MD of The Atlantic explains that the coronavirus might affect many people in the U.S., but if it’s over a long, extended period, it might not overwhelm resources as patients come in waves. …read more […]

The Federal Reserve was likely trying to boost confidence in the U.S. economy with its emergency rate cut of 50 basis points on Tuesday, but Moody’s Analytics Chief Economist Mark Zandi contends the impromptu action had the opposite of its intended effect. …read more […]

Markets fell sharply on Tuesday, after the Federal Reserve delivered an emergency rate cut in response to the coronavirus outbreak. BTIG Managing Director of Futures, Holly Liss, joins The Final Round to discuss what the Fed’s decision means for markets, and how stocks could be impacted. …read more […]

If markets remain uncertain, risk assets will continue to sell off, and investors will seek safer havens. …read more […]