Trading Ideas

(Bloomberg) — Asian stocks look set for a mixed start Tuesday as investors assessed whether China’s efforts to support its economy will offset the impact of the coronavirus outbreak. The yen pared a dip after Apple Inc. said quarterly sales would miss forecasts.Futures slipped in Tokyo and were little changed in Sydney and Hong Kong. Apple said it won’t meet its quarterly revenue guidance due to virus-related work slowdowns and lower demand. Earlier, European equities climbed alongside U.S. equity futures with U.S. markets shut for a holiday, while Treasuries didn’t trade. The pound fell after Prime Minister Boris Johnson’s envoy …read more […]

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(Bloomberg) — Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of novel coronavirus in China.“Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated,” the company said in a statement Monday. Apple said global iPhone supply will be “temporarily constrained.” All manufacturing partner facilities have reopened, but they are ramping up more slowly than expected.Apple also said demand for its products in China has been affected by store closures and reduced customer …read more […]

Firm establishes new positions in Alibaba and Bank Bradesco and buys preferred stock Continue reading… …read more […]

There are few things I enjoy less than dealing with taxes…
Maybe a bout of stomach flu. Or sitting in the middle seat on a plane while the guy next to me clips his toenails. I think that’s about it.
I don’t even do my own taxes. I stopped that in the mid-’90s when I nearly hurled my computer out of my apartment window in a fit of frustration.
It’s not even the paying of taxes that enrages me. I get that roads have to be built, teachers, firefighters and police have to be paid, and Congress needs its five-star health benefits and …read more […]

Jeff Bezos, the world’s richest person, is committing $10 billion to fight climate change through the creation of the “Bezos Earth Fund.” …read more […]

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Let’s talk about the popular Intuitive Surgical, Inc. (NASDAQ:ISRG). The company’s shares saw a double-digit share… …read more […]

Appaloosa fund manager’s top buys include new holding in a telecom company Continue reading… …read more […]

Today we’re going to take a look at the well-established Arista Networks, Inc. (NYSE:ANET). The company’s stock saw a… …read more […]

Updates on the activist investor’s portfolio for the fourth quarter of 2019 Continue reading… …read more […]

There are markets out there humming along.
Despite years of success, they go largely unnoticed.
They don’t grab headlines, earn fanfare or draw the attention of table-pounding cheerleaders.
Nonetheless, they keep chugging along.
Well, today, I’m going to share a chart with the data that finally ignited a market frenzy in 2019.
After years of under-the-radar growth and hundreds of millions in sales, companies finally woke up to this market’s true potential. And the race for dominance was on.
In 2011, Arizona became the 14th state to legalize medical cannabis.
That makes it an old dog in this nascent industry.
The state’s medical market is overlooked by many, …read more […]

(Bloomberg) — French train maker Alstom SA agreed to buy the rail unit of Bombardier Inc. for as much as 6.2 billion euros ($6.7 billion) to almost double in size, as the Canadian firm offloads assets following a costly expansion in aerospace.Alstom, based in Saint-Ouen, near Paris, will pay as little as 5.8 billion euros in the cash-and stock transaction outlined in a memorandum of understanding, according to a statement Monday. The acquisition is likely to add to earnings per share within two years and generate as much as 400 million euros in annual savings for Alstom within five years.Combining …read more […]

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(Bloomberg) — Cruise ship travel remains a “manageable risk” for now, and it doesn’t make sense to recommend a ban on it, the World Health Organization said, even as the return home of 3,000 travelers from two coronavirus-stricken cruise ships fuels fears of further contagion.“People say we should steer clear of cruise ships, or steer clear of airports or steer clear of certain ethnic groups,” Mike Ryan, executive director of the WHO’s Health Emergencies Program, said at a press briefing Monday at the organization’s Geneva headquarters. “We have to be really careful” of such suggestions. “We need an approach to …read more […]