Trading Ideas

(Bloomberg) — Anheuser-Busch InBev NV, the world’s largest brewer, forecast the steepest decline in quarterly profit in at least a decade due to the coronavirus.First-quarter earnings will drop about 10% after profit growth in 2019 that AB InBev called disappointing. The brewer blamed the biggest jump in raw material costs in a decade for last year’s performance. The stock fell as much as 6.1%.For a company that says its main product brings people together, the coronavirus presents a particular problem as consumers in China avoid going out in public. Shipments had already started to slow in that market at the …read more […]

(Bloomberg) — The worldwide stock sell-off extended on Thursday, sending a global benchmark heading for its lowest close since October, while government bond yields sank to record levels.The MSCI All-Country World Index fell for a sixth straight day, with Japan leading losses at over 2% down. Futures on the S&P 500 tumbled as much as 1.6%, after declines in the index had eased some on Wednesday, and European contracts slumped. The yen rose, and 10-year U.S. and Australian yields hit fresh record lows. With the number of coronavirus cases mounting outside China, investors have yet to see the signs of …read more […]

(Bloomberg) — Even with gold at seven-year highs, there’s still room for more gains if history is anything to go by.Prices have surged this year as haven-seeking investors pour in. Markets have been shaken by worries that the coronavirus outbreak will cripple global growth, coupled with expectations for looser monetary policy around the world. Assets in bullion-backed exchange-traded funds are at the highest ever and money managers are holding a near-record bullish bet.Yet gold remains a relatively small percentage of portfolios by historic standards. And as investors assess the virus threat to the world’s biggest economies, it’s worth remembering that …read more […]

Rising fears of a pandemic, which U.S. health authorities have warned is likely, had already wiped more than $3.6 trillion from global stock markets by Wednesday’s close. China accounts for about 96% of cases and has instituted dire containment methods that have paralysed global supply chains. South Korea reported 334 new cases on Thursday, its largest daily rise since its first case was confirmed on Jan. 20. …read more […]

(Bloomberg) — U.S. stock index futures slid after President Donald Trump’s speech failed to assuage investors’ concerns of the novel coronavirus derailing global growth.March contracts on the S&P 500 Index were down as much as 1.1% as of 11:29 a.m. in Tokyo, after the president held a press conference to update the country on the administration’s response to the growing crisis. U.S. health authorities said they’ve identified the first case of coronavirus that doesn’t have known ties to an existing outbreak.“President Trump’s press conference was certainly intended to be a confidence builder but I don’t believe it will have much …read more […]

The billionaire investors remain net buyers of stocks as market selloff continues Continue reading… …read more […]

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In a busy day for earnings announcements, investors will be paying close attention to reports from big box retailer Best Buy and Beyond Meat …read more […]

(Bloomberg Opinion) — The prospect is tantalizing: the Boeing Co. versus Airbus SE battle, but for the 5G era.Nokia Oyj, the Finnish telecommunications equipment firm, is contemplating asset sales and merger options, Bloomberg News reported on Wednesday. That raises the prospect of joining forces with Swedish rival Ericsson AB, thereby creating a European behemoth to compete more effectively with China’s Huawei Technologies Co.A tie-up would echo Europe’s cobbling together of Airbus in the 1960s and 1970s as a rival to U.S. aircraft-making giants like Boeing, setting up a fiercely contested duopoly that has dominated global aviation ever since. Unfortunately, it …read more […]

Microsoft is the second company in the trillion dollar club to withdraw outlook. The software maker had previously expected the More Personal Computing unit, which houses Windows, to post third-quarter revenue between $10.75 billion and $11.15 billion. Its Windows and Surface computers had been more negatively impacted than expected, Microsoft said in a statement. …read more […]

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A potential Bernie Sanders presidency is a bigger concern for Wall Street than the coronavirus outbreak, an investor told Yahoo Finance, with the leftist Vermont Senator solidifying his hold on the Democratic presidential nomination. …read more […]

Apple CEO Tim Cook again defended his company’s decision not to introduce a so-called “backdoor” to its products that would give law enforcement greater access to the tech giant’s devices during criminal investigations. …read more […]

Annaly Capital Management (NYSE: NLY) is one of the most requested stocks in the Safety Net column.
That’s not a shock considering its attractive 9.9% dividend yield. But is that nearly double-digit yield safe?
A year and a half ago, I suggested that despite its “F” rating for dividend safety, Annaly could receive an upgrade if its net interest income (NII) increases to the point where the company can afford its dividend.
NII did not rise – and last May, I pointed out that once again, Annaly had an “F” rating.
Have things improved at all for the popular but beleaguered mortgage real estate …read more […]

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