Trading Ideas

As of late, these companies have managed to reach yearly highs Continue reading… …read more […]

General Mills, Amazon, Spirit Airlines, Tesla and Snap are among the companies the Yahoo Finance team is watching today. …read more […]

After a boom in 2018 and a bust in 2019, what will 2020 bring for cannabis stocks? …read more […]

Business spending on lobbying and elections partly responsible for today’s political dysfunction, according to a new report. …read more […]

SoFi Investing is a platform that has caught the eye of many frugal investors looking to improve their portfolios in 2020. The San Francisco-based financial tech company gained prominence through its loan and protection services, but it’s now gaining traction as one of the best robo-advisors.
Their services have a wide variety of benefits. However, they’re best suited for individuals who prefer a more hands-off approach to investing. The more cost-conscious you are, the more you will like SoFi’s automated investing.

What is SoFi Investing?
SoFi Invest provides an extensive range of low-cost investing options with completely free management. As a Sofi Invest …read more […]

Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space. Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a nanosatellite constellation for commercial purposes. Nanova will be operated from a ground control station set up in Haifa, Israel. …read more […]

(Bloomberg) — Timid isn’t how most people would describe Stanley Druckenmiller. Yet that’s how he describes himself today.It’s not that Druckenmiller has sworn off taking risk. He owns copper and U.S. and Japanese equities, and he’s wagering on the Canadian and Australian dollars while shorting the yen and long-dated Treasuries — all positions that should profit in a stable-to-growing global economy.And in recent weeks, anticipating a pro-Brexit vote in the U.K., he bought the pound and banks including Barclays Plc and Lloyds Banking Group Plc. Only he wishes he’d been bolder.“I’m just too conservative in my old age,” Druckenmiller, 66, …read more […]

(Bloomberg) — An appeals court upheld charges by Cyrus Mistry that he was improperly ousted as chairman of the $110 billion Tata Group, paving the way for his reinstatement and marking a loss for the conglomerate’s chairman emeritus Ratan Tata.A two-judge panel of India’s National Company Law Appellate Tribunal on Wednesday said Ratan Tata’s actions against Mistry were oppressive and the appointment of a new chairman was illegal. The court also said Tata Sons’ move to turn private from a public company was unlawful and ordered a reversal.The order will take effect after four weeks and Tata has the option …read more […]

The two teenaged employees were electrocuted while cleaning the kitchen of a McDonalds in Pueblo Libre, a district in the capital Lima, Peruvian daily La Republica reported. “In response to the terrible loss of our two colleagues Carlos Gabriel Edgardo Campos Zapata and Alexandra Antonella Porras Inga, we wish to announce that we have declared two days of mourning from this morning, during which all our restaurants nationwide will remain closed,” McDonald’s Peru said on Twitter. …read more […]

(Bloomberg) — The U.S. conceded it won’t be able to stop completion of the controversial Nord Stream 2 natural gas pipeline from Russia to Germany, acknowledging the failure of a years-long effort to head of a perceived threat to European security.The massive $11-billion project is just weeks away from completion and has led President Donald Trump to call Germany “a captive to Russia.” He has criticized the European Union for not doing more to diversify imports away from the nation that supplies more than a third of its gas.Senior U.S. administration officials, who asked not to be identified discussing the …read more […]

(Bloomberg) — Michael Antoff can thank President Donald Trump and his tariffs for the chance to spend his retirement living by the Lake of the Ozarks, goofing around with his two grandchildren.In 2015, when U.S. Steel Corp.’s hulking mill in Granite City, Illinois, went dark, Antoff still needed 11 months of service to lock in his pension. He scraped by with odd jobs that paid a third of his former salary for two anxious years. Then, in March 2018, Trump put 25% duties on imported steel, the plant rekindled its two blast furnaces and Antoff returned to the line.Yet Antoff’s …read more […]

Airbus will end the year with all major civil aircraft programs showing a book-to-bill ratio above 1, sales chief Christian Scherer said on Wednesday. In a year marked by trade tensions and U.S. tariffs, Airbus turned in a “very satisfactory” sales performance for 2019, Scherer said, adding that the aircraft tariffs nonetheless pose a “very serious problem for our clients”. The eventual development of a larger version of the A220 was “not a question of if, but when”, Scherer said, adding that it is not being considered at this stage. …read more […]

Alphabet Inc’s Google has settled a “longstanding” tax dispute with Australia’s tax office, it said on Wednesday, after paying an extra A$481.5 million ($326.75 million) on top of its previous tax bill. The settlement comes after an audit that looked into the tech giant’s tax practices between 2008 and 2018, a Google spokeswoman said. In a separate statement, the Australian Taxation Office (ATO) said it has now netted A$1.25 billion after also settling tax disputes recently with other tech giants such as Microsoft, Apple and Facebook under the Multinational Anti-Avoidance Law (MAAL). …read more […]

Dec.18 — Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans said. Emma O’Brien reports on “Bloomberg Daybreak: Middle East.” …read more […]

(Bloomberg) — Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans said, betting the move will lure buyers as the world’s biggest electric-vehicle market slows.Tesla aims to bring down costs by using more local components, allowing it to import fewer parts and avoid tariffs, the people said, asking not to be identified as the matter isn’t public. Prices of the cars, which will be built in Tesla’s new Shanghai factory and start at 355,800 yuan ($50,800), will probably be lowered from the second half of …read more […]