Trading Ideas

Taking the occasional loss comes part and parcel with investing on the stock market. Anyone who held Spectrum… …read more […]

It might seem a little incongruous to suggest Roku (ROKU) could be this decade’s Netflix. However, following a breakout year, the claim might not be such an outlandish one to make. Netflix was the 2010s’ most successful stock, and similarly disruptive. So, could Roku have the same impact in the 2020s?Roku’s share price rose by 349% in 2019, bolstered by a series of earnings reports that beat the Street’s estimates. While investors are surely happy with such mighty returns, the big question is whether now is really the time to invest in the streaming player company.According to some on the …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Tesla Inc. may be the single largest beneficiary of a provision tucked into the trade deal between the U.S. and China.As part of the accord signed Wednesday, China will import more energy storage systems and parts from the U.S. this year and next. Tesla’s Gigafactory in Nevada is by far the largest battery plant in the U.S., representing 42% of nationwide production, according to data from BloombergNEF. No other manufacturer in America comes close to its capacity.While most of Tesla’s …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic superpowers.The purchases over two years will include liquefied natural gas, crude oil, refined products and coal, the U.S. government said Wednesday in Washington. It didn’t provide additional details on the energy purchases, which comprise about a quarter of the $200 billion total of extra imports that China has committed to.The accord is a promising sign …read more […]

Artificial intelligence (AI) is quickly finding its way into every industry and sector.
Today’s supercomputing semiconductor chips can execute thousands of calculations at once. And they do it at speeds of billions of times per second.
This means energy, engineering, finance, healthcare, manufacturing, telecommunications and transportation are all benefitting in some form from AI.
In 2017, the global AI market was worth $126 billion. But by 2024, the AI market could hit more than $3 trillion.
That’s a compound annual growth rate (CAGR) of 36.1%! And the kind of investment I’m constantly on the lookout for.
AI’s ability to use machine learning is nothing short …read more […]

Mortgage applications are skyrocketing as Americans rush to take advantage of low rates. …read more […]

A short squeeze could keep the upside going …read more […]

American people view China differently thanks to Trump, one analyst says. …read more […]

Big banks Goldman Sachs, Bank of America, and BlackRock reported quarterly earnings results today. Yahoo Finance’s Brian Cheung and Adam Shapiro discuss the results and what they mean as earnings season rolls on. …read more […]

The oil company had a rough 2019, but the future looks bright Continue reading… …read more […]

After a massive slip up last year, the tide appears to be turning for small cap vaccine maker Novavax (NVAX). In Wednesday’s trading session, shares took off and surged as much as 15% after the company announced that it had received fast-track designation from the FDA for its NanoFlu vaccine in adults at least 65 years old.CEO Stanley Erck stated that the designation “reflects the urgent unmet medical need for a more effective vaccine against influenza, particularly in the older adult population which often experiences serious and sometimes life-threatening complications, of the disease.”The news comes as a pleasant surprise for …read more […]

(Bloomberg) — Some of the hardest evidence yet indicates that the 2017 Republican tax law is pushing money and people from high-tax U.S. states like New York and New Jersey and into low-tax states including Florida.In 2018, low- and lower-tax states gained $32 billion more in adjusted gross income than higher tax states, according to a Bank of America Global Research analysis of income migration data. The net gain — almost $2 billion more than in 2017 — was nearly twice the average over the last 13 years. The Republican overhaul capped state and local deductions at $10,000, making it …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]

(Bloomberg) — Glencore Plc is negotiating a long-term contract to ship cobalt to Tesla Inc.’s new electric-vehicle factory in Shanghai, according to people familiar with the matter.A deal would help Tesla avoid a supply squeeze on the key battery metal as it pushes into the world’s largest car market, and mark a win for Glencore after a tough spell for its cobalt business.Executives from both companies hammered out terms of the deal before an official ceremony to mark the first sales from the Shanghai plant earlier this month, said one of the people, who asked not to be identified discussing …read more […]

(Bloomberg) — Goldman Sachs Group Inc. has sold off its stake in Uber Technologies Inc. after the ride-hailing startup’s disappointing initial public offering in 2019.Chief Financial Officer Stephen Scherr said on the bank’s earnings call Wednesday that it closed its position in Uber in the fourth quarter last year.Goldman owned about 10 million shares of Uber at the time of the IPO, turning a $5 million wager using the firm’s own money back in 2011 into a major windfall. The bank recognized a gain in the second quarter, but took a hit in the third quarter as Uber’s shares plunged. …read more […]