Trading Ideas

Pop icons Jennifer Lopez and Shakira are slated to perform at the 2020 Super Bowl halftime show in Miami, Florida on Sunday night. Yahoo Finance’s Alexandra Canal breaks down why the historic selection represents an important turning point for the NFL as the league looks to become a more culturally inclusive organization. Zack Guzman & Emily McCormick, along with Marcum LLP Chairman and CEO Jeff Weiner join in on the conversation. …read more […]

An IRS audit over taxes is about half as likely as it was five years ago. Even so, two groups face higher rates than others. …read more […]

(Bloomberg) — Two of the most recognizable names in U.S. manufacturing are signaling more pain lies ahead for the global economy.Caterpillar Inc. predicted Friday that its 2020 profit will trail analysts’ estimates, while U.S. Steel Corp. reported the worst loss in almost three years and expects similar results this quarter.That’s a blow to markets already reeling from the worsening outbreak of the deadly coronavirus, a factory slump and major cutbacks in corporate spending. It shows how the troubles plaguing the world economy may go deeper than the trade tensions that had dented sentiment through much of last year.“We expect continued …read more […]

Berkshire Hathaway (NYSE: BRK-B) announced the sale of its newspaper business to Lee Enterprises (NYSE: LEE) this week for $140 million.
Warren Buffett’s firm has owned The Buffalo News since the late 1970s. In the early 2010s, it bought nearly 30 papers for $344 million.
In his 2012 letter to shareholders, Buffett expressed optimism about the importance of local news and prospects for the newspaper business. “I believe these papers will meet or exceed our economic test for acquisitions,” he wrote.
This week’s sale suggests the economics of the news business are too hard for even the world’s greatest investor.
To be honest, the …read more […]

Amazon says it paid more than $1 billion in federal income tax expenses amid reports claiming they have paid zero dollars. Yahoo Finance’s Alexis Christoforous breaks it down on The Ticker. …read more […]

The credit services provider continued to grow and diversify, but disappointed investors following Mastercard beat Continue reading… …read more […]

The perfect speculation.
Is there such a thing?
Probably not…
But the latest pick in The War Room, a stock pick I might add, may come as close as you can get.
The name of this company must remain private, since War Room members are currently in the play. So I’ll refer to this company as “stock X.”
Let me set it up for you…
A speculation is a situation where you risk a little bit in hopes of making a lot. You look for a situation that has a ton of things going for it…
If those things come to pass, even if it’s one or …read more […]

The New York City steakhouse that last year offered the world’s most expensive Thanksgiving dinner at $181,000 is back with an over-the-top proposal for fans looking to drop some serious cash on its richest-ever Super Bowl feast. Yahoo Finance’s Zack Guzman and Emily McCormick discuss with Marcum LLP Chairman and CEO, Jeff Weiner. …read more […]

One leading analyst thinks the odds of Bloomberg winning the Democratic nomination could be as high as 25%. …read more […]

If you’re a regular reader, you know that for the past few years I’ve been primarily focused on bitcoin in the cryptocurrency space.
Bitcoin is incredibly far ahead of the competition in all the areas that matter. Honestly, I wish altcoins were doing better in terms of adoption. But most are struggling.
Today, bitcoin is the only cryptocurrency fulfilling a real purpose for millions of people. In places where inflation is high, like Venezuela and Argentina, people use bitcoin as a store of value. In these kinds of places, if you store money in the local currency, it’s guaranteed to lose value …read more […]

While the leadership change was largely expected, Wall Street analysts were surprised by the timing and the choice of Krishna as the CEO. “We believe the frontrunners in most investors’ minds had been either Jim Whitehurst (former CEO of Red Hat) or former CFO Martin Schroeter,” said Bernstein analyst Toni Sacconaghi. …read more […]

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signalling a weak start to the new year. While one-time asset sales or write downs were large factors, the two companies said earnings suffered from weaker margins in crude oil, natural gas, chemicals and fuel production. “There’s no silver bullet on improving returns in a flat commodity price environment,” said Chevron Chief Executive Mike Wirth. …read more […]

Shares of Luckin Coffee, fall on an unconfirmed report from a short seller at Muddy Waters Research that the brand was fabricating its financial and operating figures. Yahoo Finance’s Julie Hyman breaks it down on On The Move. …read more […]

POSCO and CenturyLink on the list Continue reading… …read more […]

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year. While one-time asset sales or write downs were large factors, the two companies said earnings suffered from weaker margins in crude oil, chemicals and fuel production. Shares of Exxon and Chevron were both at least 3% lower in morning trade on the results and worries about slowing global economic growth. …read more […]