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Chevron offering U.S. workers buyouts to trim staffing: sources

The No. 2 U.S. oil producer decided to reduce staff after reviewing operations late last year as energy prices fell, the sources said. Chevron confirmed that it was offering buyouts to workers in its shale gas business in the eastern United States but did not comment on any other U.S. job cuts. Other oil and gas producers and service companies have begun cutting workers as prices have dived on soaring production and tepid demand, which has been made worse by the coronavirus outbreak. …read more […]

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Marketable Securities

What Are Marketable Securities?
Marketable securities are a form of security or debt that can be converted or sold for cash in a year or less. Their liquidity comes from both the time they can be redeemed and their redemption rate. Their price has little to do with the rate at which they are bought or sold.
As such, marketable securities need to have a face value, or a value close to face value in a one-year span. There also are no restrictions on selling these securities in a year or less.

Basic Elements of Marketable Securities
Marketable securities typically have the following elements:

Redeemable …read more […]

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Nvidia shifts conference to online-only amid health, safety concerns

The company, which supplies chips for artificial intelligence applications and video gaming graphics, said in a blog post it would hold the conference online instead. Chief Executive Jensen Huang will still deliver a keynote address via livestream, the company said. Analysts had expected Nvidia to announce a new version of its products that use a more advanced chipmaking process, making the devices more powerful. …read more […]

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JPMorgan: These 3 Stocks Are Poised to Surge by at Least 50%

The effect of the coronavirus on the global economy has seen the markets suffer their worst week since the financial crisis. The fallout is being felt across the board, from the markets to travel to supply chain disruptions. Gabriela Santos, global market strategist at JPMorgan Asset Management, believes that the Coronavirus outbreak won’t have a lasting impact on the markets, and said in a note, “What tends to happen is that the market bottoms when the cases plateau […] Perhaps it’s a buying opportunity.” Indeed, in a market gripped by turmoil, there are always compelling plays for the canny …read more […]

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Buy the Market Drop or Sell Before the Next One?

Right now, every investor is asking the same question: Is it too early to buy… or too late to sell?
Today, Alexander Green has some important advice that wealth builders need to know.

Over the weekend, friends and family came out of the woodwork to ask me the same two-sided question: Is it too early to buy… or too late to sell?
That depends, of course, on what you’re thinking about doing.
For example, food companies, drug companies, utilities and defense contractors will be largely unaffected by the coronavirus. (Even if their share prices have not been.)
Hotels, airlines, cruise lines, brick-and-mortar retailers, and restaurants …read more […]