Trading Ideas

Editor’s Note: Steve is on his way to his own wealthy retirement! This will be his last week with Wealthy Retirement and The Oxford Club.
We wish him well in his future endeavors.
But don’t worry, we’re prepared… We recently welcomed heavy-hitter Aaron Task to the Wealthy Retirement team.
Aaron comes to us by way of TheStreet, Yahoo Finance (where he was editor-in-chief) and Fortune.
A prolific writer and podcast host as well, he is excited to offer our readers his fresh perspective on the wide variety of changes affecting retirement and the world of money today.
In addition, Chief Income Strategist Marc Lichtenfeld will …read more […]

Tinder-owner Match Group Inc beat Wall Street estimates for third-quarter revenue on Tuesday, as more users signed up on its online dating platforms. The owner of OkCupid and PlentyOfFish said average subscribers at September-end rose 19% to 9.6 million from a year ago, including a rise of about 29% subscribers in its international markets. Tinder — which has made “swipe left” and “swipe right” a point of pop culture conversations – added 437,000 average subscribers in the quarter bringing its total average subscriber count to 5.7 million. …read more […]

Uber’s stock is in straight up free-fall. Here’s one big problem right now. …read more […]

Dune Analytics, an analytics platform for querying and visualizing data from the Etheruem blockchain, has officially come out of stealth mode, making its platform publicly available for users.The post Binance-backed Dune Analytics comes out of stealth mode appeared first on The Block. …read more […]

Shares of Peloton fell after releasing its first quarterly financial results since going public. Despite surpassing analysts’ expectations for its quarterly revenue and fitness subscribers, Peloton is trading lower than its IPO price Tuesday, falling as much as 6%. Yahoo Finance’s Jen Rogers, Myles Udland and Brian Cheung discuss on The Final Round. …read more […]

In a previous Trade of the Day issue, we examined how we tracked a “Sharp Paper” buyer into Beyond Meat – which resulted in a winning trade.
Today, let’s do the same thing with Shopify (NYSE: SHOP).
Headquartered in Ottawa, Canada, Shopify offers cloud-based commerce platforms for small and medium-sized businesses in the United States, the United Kingdom, Canada and Australia.
The company’s platform gives merchants a single view of their business and customers across various sales channels. It enables store owners to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing.
Over …read more […]

Democratic Presidential Candidate Bernie Sanders is taking aim at Apple after the tech giant announced its plan with California Governor Gavin Newsom to donate $2.5 billion to combat California’s housing crisis.
Sanders criticized Apple, saying the funds won’t fix the housing crisis and would only turn the company into a real estate lender. Yahoo Finance’s Akiko Fujita discusses with Destination: Home’s Chief Impact Officer Ray Bramson on The Ticker. …read more […]

Rosenblatt upgraded Applied Optoelectronics to “buy” and lifted its target price to $13 …read more […]

Marriott International CEO Arne Sorenson said Tuesday he will have surgery for pancreatic cancer over the holidays but will continue to run the company. The head of the largest hotel company in the world, after acquiring Starwood Hotels and Resorts, has been battling pancreatic cancer. He offered the update to investors and analysts during a […] …read more […]

Investor’s largest sales of the 3rd quarter Continue reading… …read more […]

Startup company Kabbage is a data and technology platform that’s using artificial intelligence to provide lines of credit to small businesses online. Kabbage CEO & Co-founder Rob Frohwein joins Yahoo Finance’s Zack Guzman and Heidi Chung, along with Radio Host & Podcaster Ben Kissel, to discuss the startup. …read more […]

Billionaire David Einhorn offered insights into Greenlight Capital’s quarterly returns in his 2019 Q3 investor letter, giving his opinion on a number of the positions held by the hedge fund. You can download a copy of it here. Greenlight Capital managed a return of 24% during the first 3 quarters of 2019, outstripping the S&P 500 Index ETFs by 3.5 percentage […] …read more […]

The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines. Chairman Ajit Pai and two other Republican commissioners voted to approve the deal while two Democratic commissioners voted against it. The FCC commissioners voted earlier this month but the order was not made public until they could cut confidential information and give commissioners time to draft statements. …read more […]

Walgreens Boots Alliance is exploring a potential deal to go private, according to Bloomberg. If the deal goes through, it could become the largest leveraged buyout in history. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Radio Host & Podcaster, Ben Kissel. …read more […]

In recent months, Walgreens has held preliminary discussions with some of the world’s largest private equity firms about putting together what would be the biggest ever leveraged buyout, the sources said. Walgreens has a market value of $55 billion (£42.74 billion), and its debt at the end of August totaled $17 billion. Walgreens has tasked investment bank Evercore Partners Inc with exploring whether a deal can be put together, the sources said, cautioning that a deal is far from certain. …read more […]