Trading Ideas

(Bloomberg) — The head of business for Apple Inc.’s news app stepped down less than a year after launching a high-profile subscription product that has struggled to attract paying readers.Liz Schimel, the outgoing executive, joined in mid-2018 after serving as the president of international business at magazine publisher Conde Nast, said people familiar with the move who asked not to be identified discussing personnel matters. At Apple, Schimel oversaw relationships with advertisers and news publishers.Apple is seeking to hire a notable name from the publishing world to replace Schimel, one of the people said. An Apple spokesman declined to comment.News …read more […]

Yahoo Finance’s Myles Udland gives a preview of what will be making headlines on Wednesday, February 5th. …read more […]

The gene therapy company is expected to introduce hemophilia drug that is projected to generate revenue of $1.2 billion by 2024 Continue reading… …read more […]

Shares of Ford fell in after-hours trading on Tuesday, after the car maker reported an earnings miss for its fourth-quarter. The Final Round panel discusses the latest. …read more […]

One analyst says Tesla has a “huge productivity advantage” over traditional car makers that use traditional engines. …read more […]

“Price dictates news…”
It’s an old Wall Street saying meaning that when the market is going up, investors and journalists will focus on what is positive.
And when the market is going down, people emphasize what is negative…
We saw this play out in dramatic fashion last month. The first half of January featured a sharp rally and a focus on all the “good news” – big gains in 2019, followed by the U.S.-China Phase One trade deal, fueled some market exuberance.
Last year, the market peaked on January 17, when the S&P 500 closed at a record high of 3,330. At that point, …read more […]

(Bloomberg) — If the incredible rally in Tesla Inc. shares this year is making you dizzy, hold on to your chair.Tesla has a slew of catalysts coming up in the next few months that could give investors a reason to pause, or propel the stock even higher. It all depends on how the company does in its tests ahead.Tesla shares surged as much as 24% Tuesday before a sudden plunge in the last few minutes of trading shaved more than $100 from the stock price in just 6 minutes. The gain stabilized at 14% as the market closed, bringing Tesla’s …read more […]

Revenue, which the company generates from selling advertising on Snapchat, rose 44% to $560.88 million, but missed the average analyst estimate of $563.03 million. The app faces tough competition from Alphabet Inc’s Google and Facebook , which command a huge portion of the digital advertising market. Snapchat has only 0.5% of worldwide digital ad revenue, while Facebook accounts for 21.1%, according to a report by market researcher eMarketer. …read more […]

Disney had reported 10 million sign-ups for the $7-a-month Disney+ one day after its launch in November, in a strong streaming debut that was further boosted by the success of Star Wars prequel “The Mandalorian”. In October, the largest U.S. wireless carrier by subscribers said it would offer a year-long subscription to Disney+ with its unlimited plans. …read more […]

Snapchat parent company Snap announced its Q4 2019 earnings, missing on revenue expectations. …read more […]

Chipotle crushed estimates on the top and bottom lines, and shares initially fell before paring losses in after-hours trading. …read more […]

Ford Motor Co on Tuesday posted a fourth-quarter loss and provided a weaker-than-expected 2020 forecast due to continued higher warranty costs, lower vehicle volumes, lower results from Ford Credit and higher investment in future transportation. For the fourth quarter of 2019, Ford reported a net loss of $1.7 billion, or 42 cents a share, compared with a loss of $100 million, or 3 cents a share, a year earlier. Excluding one-time charges, Ford earned 12 cents a share, three cents below what analysts had expected. …read more […]

Ford’s fourth quarter earnings are underwhelming. Here’s what Ford CFO Tim Stone told Yahoo Finance. …read more […]

(Bloomberg) — As computer screens flash red for energy markets from Houston to Singapore, oil traders are urgently asking themselves one question: is a historic crash about to repeat itself?The meltdown caused by the Chinese coronavirus outbreak is increasingly reminiscent of a plunge that happened just over a year ago. In October 2018, a sell-off across commodity markets left Wall Street banks racing to cover insurance policies, such as options contracts, that they had written to oil producers, sparking a new wave of selling that ultimately caused prices to tumble by more than 40% over two months to $49.93 a …read more […]

(Bloomberg) — Bombardier Inc. jumped on a Wall Street Journal report that the Canadian maker of planes and trains is in talks to sell its private-jet unit to Textron Inc. Shares of Textron also surged as analysts said a deal would strengthen its hand in the luxury-aircraft business.The negotiations have been going on for several weeks, and the terms of the potential transaction are unclear, the Journal reported Tuesday, citing people familiar with the matter. There’s no guarantee that the discussions will result in any agreement, the newspaper said. Bombardier declined to comment. Textron didn’t immediately respond to a request …read more […]