(Bloomberg) -- U.S. equity-index futures began the week with modest gains and stocks in Asia were on course to open marginally higher as investors weighed further signs of recovery in China against more virus outbreaks in some parts of the world.Currencies began the...
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Gulf Nations Are Desperate For Higher Oil Prices, , on September 27, 2020 at 9:00 pm
Despite claims that their economies can survive low oil prices, Gulf nations are grappling with a massive half-trillion-dollar budget deficit, Despite claims that their economies can survive low oil prices, Gulf nations are grappling with a massive...
Exclusive: ArcelorMittal in talks to merge U.S. assets with Cleveland-Cliffs, , on September 27, 2020 at 8:54 pm
It would come after Cleveland-Cliffs acquired AK Steel, a U.S. maker of flat-rolled carbon steels, including stainless steel, for $3 billion, including debt, last March. The latest deal could result in the merger of U.S. assets of Luxembourg-based ArcelorMittal that...
WSJ Opinion: Hits and Misses of the Week, , on September 27, 2020 at 7:39 pm
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: Reuters/AFP/Getty Images Composite: Mark Kelly, Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger....
WSJ Opinion: The Vaccine Race Quickens as the Virus Surges Across Europe, , on September 27, 2020 at 7:28 pm
Journal Editorial Report: Paul Gigot interviews Dr. Martin Makary of Johns Hopkins University. Image: Dado Ruvic/Reuters, Journal Editorial Report: Paul Gigot interviews Dr. Martin Makary of Johns Hopkins University. Image: Dado Ruvic/Reuters,
WSJ Opinion: Trump Nominates Amy Coney Barrett to the Supreme Court, , on September 27, 2020 at 7:17 pm
Journal Editorial Report: What it means for the Court and the presidential election. Image: Olivier Douliery/AFP via Getty Images, Journal Editorial Report: What it means for the Court and the presidential election. Image: Olivier Douliery/AFP via Getty Images,
Value of U.S. commercial property slashed by 27%, Financial Times reports, , on September 27, 2020 at 6:11 pm
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Top 10 Logistics Companies in the World, , on September 27, 2020 at 5:30 pm
In this article we take a look at the biggest logistic companies in the world in 2019. Click to skip ahead and jump to 5 biggest logistic companies in the world. The biggest logistics companies in the world are evidence that this is a major industry with global...
September jobs report, first presidential debate: What to know in the week ahead, , on September 27, 2020 at 5:18 pm
Market participants this week are gearing up for a heavy week of new US economic data, including Friday’s monthly report from the Labor Department on non-farm payrolls., Market participants this week are gearing up for a heavy week of new US economic data, including...
September jobs report, first presidential debate: What to know in the week ahead, , on September 27, 2020 at 5:18 pm
Market participants this week are gearing up for a heavy week of new US economic data, including Friday’s monthly report from the Labor Department on non-farm payrolls., Market participants this week are gearing up for a heavy week of new US economic data, including...
Jeffrey Gundlach Tells Realtors in Low-Tax States to ‘Give Me a Call’, , on September 27, 2020 at 4:56 pm
(Bloomberg) -- Jeffrey Gundlach may be on the move.The Doubleline Capital chief executive officer tweeted an invitation for real estate agents in “low tax, well governed” U.S. states to call him, as he openly pondered leaving his Los Angeles base.In a series of...
Is GlaxoSmithKline plc (GSK) A Good Stock To Buy?, , on September 27, 2020 at 4:12 pm
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have...
Mexico’s Crude Oil Future Is In Jeopardy, , on September 27, 2020 at 3:00 pm
Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to reversed at the worst time possible, Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to...
Mexico’s Crude Oil Future Is In Jeopardy, , on September 27, 2020 at 3:00 pm
Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to reversed at the worst time possible, Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to...
A Closer Look At Global Medical REIT Inc.'s (NYSE:GMRE) Uninspiring ROE, , on September 27, 2020 at 2:40 pm
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like..., While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...,
A Closer Look At Global Medical REIT Inc.’s (NYSE:GMRE) Uninspiring ROE, , on September 27, 2020 at 2:40 pm
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like..., While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...,
Is Futu Holdings Limited's (NASDAQ:FUTU) Shareholder Ownership Skewed Towards Insiders?, , on September 27, 2020 at 2:23 pm
Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups..., Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups...,
Is Futu Holdings Limited’s (NASDAQ:FUTU) Shareholder Ownership Skewed Towards Insiders?, , on September 27, 2020 at 2:23 pm
Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups..., Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups...,
Emotions can mess up an investment plan. Beware of 6 irrational ways to make decisions, , on September 27, 2020 at 2:10 pm
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Emerging Markets on Edge as Goldman and Deutsche Bank Flag Risks, , on September 27, 2020 at 1:57 pm
(Bloomberg) -- Emerging markets are heading toward the end of the third quarter with more reasons to be cautious than optimistic.Developing-nation stocks, currencies and bonds had their worst week in the five days through Friday since the coronavirus pandemic rocked...
Rite Aid Corporation (NYSE:RAD) Just Reported, And Analysts Assigned A US$8.13 Price Target, , on September 27, 2020 at 1:55 pm
Shareholders in Rite Aid Corporation (NYSE:RAD) had a terrible week, as shares crashed 26% to US$10.00 in the week..., Shareholders in Rite Aid Corporation (NYSE:RAD) had a terrible week, as shares crashed 26% to US$10.00 in the week...,
These 2 Small-Cap Tech Stocks Are Grossly Undervalued, Says Needham, , on September 27, 2020 at 1:49 pm
Markets are volatile this month, with the magnitude of the shifts most pronounced in the tech-heavy NASDAQ. That index fell 7.5% from its peak – reached on September 2 – a slide pronounced enough to have investors questioning whether this is just a correction, or a...
ECB's Visco says euro's strength is a worry, , on September 27, 2020 at 1:41 pm
A recent strengthening in the euro's exchange rate is a worry and will warrant a reaction from the European Central Bank if it drags inflation farther away from its goal, ECB policymaker Ignazio Visco said on Sunday. Visco also denied ECB policymakers were divided on...
ECB’s Visco says euro’s strength is a worry, , on September 27, 2020 at 1:41 pm
A recent strengthening in the euro's exchange rate is a worry and will warrant a reaction from the European Central Bank if it drags inflation farther away from its goal, ECB policymaker Ignazio Visco said on Sunday. Visco also denied ECB policymakers were divided on...
Wall Street Weekahead: Trump-Biden debate could spark stock volatility, , on September 27, 2020 at 1:04 pm
A strong performance in Tuesday's debate by Biden, who currently has a modest lead in betting odds and polls, might boost stocks related to global trade and renewable energy, while a perceived debate victory by Trump could benefit fossil fuel and defense companies....
Coronavirus fuels MGM's embrace of online sports bets, taking on 'formidable' DraftKings, FanDuel, , on September 27, 2020 at 12:55 pm
Legacy casino brand MGM is growing its online gambling business after Covid-19 shuttered casinos., Legacy casino brand MGM is growing its online gambling business after Covid-19 shuttered casinos.,
Coronavirus fuels MGM’s embrace of online sports bets, taking on ‘formidable’ DraftKings, FanDuel, , on September 27, 2020 at 12:55 pm
Legacy casino brand MGM is growing its online gambling business after Covid-19 shuttered casinos., Legacy casino brand MGM is growing its online gambling business after Covid-19 shuttered casinos.,
Market Might Still Lack Some Conviction On Genworth Financial, Inc. (NYSE:GNW) Even After 30% Share Price Boost, , on September 27, 2020 at 12:55 pm
Genworth Financial, Inc. (NYSE:GNW) shareholders would be excited to see that the share price has had a great month..., Genworth Financial, Inc. (NYSE:GNW) shareholders would be excited to see that the share price has had a great month...,
What Does Edwards Lifesciences Corporation's (NYSE:EW) Share Price Indicate?, , on September 27, 2020 at 12:27 pm
Today we're going to take a look at the well-established Edwards Lifesciences Corporation (NYSE:EW). The company's..., Today we're going to take a look at the well-established Edwards Lifesciences Corporation (NYSE:EW). The company's...,
What Does Edwards Lifesciences Corporation’s (NYSE:EW) Share Price Indicate?, , on September 27, 2020 at 12:27 pm
Today we're going to take a look at the well-established Edwards Lifesciences Corporation (NYSE:EW). The company's..., Today we're going to take a look at the well-established Edwards Lifesciences Corporation (NYSE:EW). The company's...,
Lockheed Ramps Up Dividend By 8.3%, Boosts Share Buyback By $1.3B, , on September 27, 2020 at 11:47 am
Lockheed Martin’s board of directors has signed off on a 8.3% quarterly dividend increase to pay $2.60 per share and announced plans for an additional $1.3 billion share buyback.Lockheed Martin (LMT) said that its fourth-quarter dividend will increase by $0.20 per...
Crude Oil Traders Wary, on Energy Demand Rebalancing, , on September 27, 2020 at 11:28 am
It’s no longer news, crude oil prices are bouncing up and down at close price ranges in the past weeks, in spite of a recent draw in the world’s largest economy oil stockpiles., It’s no longer news, crude oil prices are bouncing up and down at close price ranges in...
Crude Oil Traders Wary, on Energy Demand Rebalancing, , on September 27, 2020 at 11:28 am
It’s no longer news, crude oil prices are bouncing up and down at close price ranges in the past weeks, in spite of a recent draw in the world’s largest economy oil stockpiles., It’s no longer news, crude oil prices are bouncing up and down at close price ranges in...
Saudi Arabia Sends Blue Ammonia to Japan in World-First Shipment, , on September 27, 2020 at 11:11 am
(Bloomberg) -- The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions.Saudi Aramco, which made the announcement Sunday, produced the fuel, which it...
J&J Covid-19 Vaccine Trial Shows ‘Strong’ Immune Response; Street Says Buy, , on September 27, 2020 at 11:00 am
Johnson & Johnson said that Phase1/2 trial data showed that a single dose of its COVID-19 vaccine candidate, JNJ-78436735, induced a “strong” neutralizing antibody response in nearly all participants aged 18 years and older.Interim analysis from the ongoing Phase...
J&J Covid-19 Vaccine Trial Shows ‘Strong’ Immune Response; Street Says Buy, , on September 27, 2020 at 11:00 am
Johnson & Johnson said that Phase1/2 trial data showed that a single dose of its COVID-19 vaccine candidate, JNJ-78436735, induced a “strong” neutralizing antibody response in nearly all participants aged 18 years and older.Interim analysis from the ongoing Phase...
Vertex or Galapagos: Which Biotech Stock Does The Street Favor?, , on September 27, 2020 at 9:52 am
The COVID-19 pandemic had a mixed impact on pharma companies so far. During nationwide lockdowns, some companies benefited from the stockpiling of certain drugs. While others lost out as a result of the postponement of elective procedures, reduced patient visits to...
Raytheon Wins $212.8M US Missile Contract For UAE; Street Is Bullish, , on September 27, 2020 at 8:50 am
Raytheon Technologies has been awarded a $212.8 million supply and maintenance services contract by the US Missile Defense Agency to the United Arab Emirates (UAE).As part of the Foreign Military Sale (FMS) contract, Raytheon Technologies (RTX) will provide 1 prime...
Natural Gas Price Fundamental Weekly Forecast – Bulls Hoping Cold Shots Lead to Smaller EIA Weekly Builds, , on September 27, 2020 at 7:54 am
To sustain a rally in the deferred futures contracts, we’re going to have to see a series of average to lower builds and increasing LNG exports., To sustain a rally in the deferred futures contracts, we’re going to have to see a series of average to lower builds and...
Natural Gas Price Fundamental Weekly Forecast – Bulls Hoping Cold Shots Lead to Smaller EIA Weekly Builds, , on September 27, 2020 at 7:54 am
To sustain a rally in the deferred futures contracts, we’re going to have to see a series of average to lower builds and increasing LNG exports., To sustain a rally in the deferred futures contracts, we’re going to have to see a series of average to lower builds and...
American Airlines Inks $5.5B US Treasury Loan; Shares Rise, , on September 27, 2020 at 7:01 am
Shares in American Airlines Group rose 2.5% in Friday’s extended market session after the ailing airline secured a $5.48 billion loan agreement from the US government.The stock closed 4.4% higher on Friday. Under the terms of the US Treasury facility, American...
Is Gold About to Move Higher?, , on September 27, 2020 at 6:59 am
Gold prices are being influenced by a number of different contradictory factors, some traditionally good for bullion, others not., Gold prices are being influenced by a number of different contradictory factors, some traditionally good for bullion, others not.,
Honeywell Hikes Dividend By 3.3%, , on September 27, 2020 at 6:17 am
Honeywell announced an increase of 3.3% in its annual dividend to $3.72 per share from $3.60. Based on the company's closing price on Friday, the new annual dividend implies a yield of 2.3%. It marks the 11th consecutive year in which the software-industrial company...
Oil Heavyweights Look Ready for a Showdown, , on September 27, 2020 at 5:00 am
(Bloomberg Opinion) -- Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to approach the halting recovery in oil demand.Renewed restrictions on travel and social...
The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy, , on September 27, 2020 at 1:13 am
It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and COVID-19 in focus, it will be a choppy week., It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and...
The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy, , on September 27, 2020 at 1:13 am
It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and COVID-19 in focus, it will be a choppy week., It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and...
U.S Mortgage Rates Rise. In the Week Ahead, Geopolitics and Stats Will Influence, , on September 27, 2020 at 1:01 am
30-year mortgage rates were on the rise. Yields could come under pressure in a particularly busy week ahead, however., 30-year mortgage rates were on the rise. Yields could come under pressure in a particularly busy week ahead, however.,
Nikola Corp's founder purchased truck designs from third party – FT, , on September 26, 2020 at 11:21 pm
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Nikola Corp’s founder purchased truck designs from third party – FT, , on September 26, 2020 at 11:21 pm
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Exclusive: U.S. shale producer Devon in talks to acquire peer WPX – sources, , on September 26, 2020 at 9:46 pm
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday. The deal talks show how consolidation in the oil and...
Can Tesla Really Produce A $25,000 Self-Driving Electric Car?, , on September 26, 2020 at 9:00 pm
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Barron's Picks And Pans: Peloton, Truist, Western Digital And More, , on September 26, 2020 at 7:48 pm
* This weekend's Barron's cover story offers roundtable picks for the health care revolution. * Other featured articles discuss who could benefit from a conservative Supreme Court and how to find reliable dividend stocks in emerging markets. * Also, the prospects for...
Barron’s Picks And Pans: Peloton, Truist, Western Digital And More, , on September 26, 2020 at 7:48 pm
* This weekend's Barron's cover story offers roundtable picks for the health care revolution. * Other featured articles discuss who could benefit from a conservative Supreme Court and how to find reliable dividend stocks in emerging markets. * Also, the prospects for...
Bulls And Bears Of The Week: Chevron, Oracle, Twitter And More, , on September 26, 2020 at 7:12 pm
Benzinga has examined the prospects for many investor favorite stocks over the past week. Both bullish and bearish calls in coronavirus vaccine contenders were seen this week.Social media platforms were represented in both categories as well.September has a reputation...
Qualcomm (QCOM) Has Risen 49% in Last One Year, Outperforms Market, , on September 26, 2020 at 5:47 pm
If you are looking for the best ideas for your portfolio you may want to consider some of Del Principe O’Brien Financial Advisors top stock picks. Del Principe O’Brien Financial Advisors, an investment management firm, is bullish on Qualcomm Inc (NASDAQ:QCOM) stock....
Alibaba Group Holding (BABA) Has Risen 63% in Last One Year, Outperforms Market, , on September 26, 2020 at 5:24 pm
If you are looking for the best ideas for your portfolio you may want to consider some of Del Principe O’Brien Financial Advisors top stock picks. Del Principe O’Brien Financial Advisors, an investment management firm, is bullish on Alibaba Group Holding Limited...
Gold Stocks Are Bracing For A Seasonal Plunge, , on September 26, 2020 at 3:00 pm
Gold miners have been hammered in recent weeks, and if prices for the precious metal do not rebound, they could be set to fall further, Gold miners have been hammered in recent weeks, and if prices for the precious metal do not rebound, they could be set to fall...
Estimating The Intrinsic Value Of National Oilwell Varco, Inc. (NYSE:NOV), , on September 26, 2020 at 2:57 pm
Today we will run through one way of estimating the intrinsic value of National Oilwell Varco, Inc. (NYSE:NOV) by..., Today we will run through one way of estimating the intrinsic value of National Oilwell Varco, Inc. (NYSE:NOV) by...,
Is It Time To Consider Buying Cisco Systems, Inc. (NASDAQ:CSCO)?, , on September 26, 2020 at 2:08 pm
Cisco Systems, Inc. (NASDAQ:CSCO) saw significant share price movement during recent months on the NASDAQGS, rising to..., Cisco Systems, Inc. (NASDAQ:CSCO) saw significant share price movement during recent months on the NASDAQGS, rising to..., [pw_map address="New...
Here's Why I Think salesforce.com (NYSE:CRM) Is An Interesting Stock, , on September 26, 2020 at 1:56 pm
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of..., Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...,
Here’s Why I Think salesforce.com (NYSE:CRM) Is An Interesting Stock, , on September 26, 2020 at 1:56 pm
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of..., Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...,
Should You Take Comfort From Insider Transactions At Continental Resources, Inc. (NYSE:CLR)?, , on September 26, 2020 at 1:29 pm
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On..., We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...,
U.S. tightens exports to China's chipmaker SMIC, citing risk of military use, , on September 26, 2020 at 1:22 pm
The United States has imposed restrictions on exports to China's biggest chip maker SMIC after concluding there is an "unacceptable risk" equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing...
U.S. tightens exports to China’s chipmaker SMIC, citing risk of military use, , on September 26, 2020 at 1:22 pm
The United States has imposed restrictions on exports to China's biggest chip maker SMIC after concluding there is an "unacceptable risk" equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing...
The Week In Cannabis: Aurora's Earnings Disappointment, Michigan's Great Week, And More, , on September 26, 2020 at 1:04 pm
This was a tough week for cannabis stocks, with all ETFs down driven by disappointing earnings reports.Over the five trading days of the week: * The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 6.8% * The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down 7% *...
The Week In Cannabis: Aurora’s Earnings Disappointment, Michigan’s Great Week, And More, , on September 26, 2020 at 1:04 pm
This was a tough week for cannabis stocks, with all ETFs down driven by disappointing earnings reports.Over the five trading days of the week: * The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 6.8% * The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down 7% *...
What We Learned About Akoustis Technologies' (NASDAQ:AKTS) CEO Compensation, , on September 26, 2020 at 12:56 pm
Jeff Shealy became the CEO of Akoustis Technologies, Inc. (NASDAQ:AKTS) in 2015, and we think it's a good time to look..., Jeff Shealy became the CEO of Akoustis Technologies, Inc. (NASDAQ:AKTS) in 2015, and we think it's a good time to look...,
What We Learned About Akoustis Technologies’ (NASDAQ:AKTS) CEO Compensation, , on September 26, 2020 at 12:56 pm
Jeff Shealy became the CEO of Akoustis Technologies, Inc. (NASDAQ:AKTS) in 2015, and we think it's a good time to look..., Jeff Shealy became the CEO of Akoustis Technologies, Inc. (NASDAQ:AKTS) in 2015, and we think it's a good time to look...,
Is Akebia Therapeutics (NASDAQ:AKBA) Using Debt Sensibly?, , on September 26, 2020 at 12:50 pm
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility..., Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...,
Costco Wholesale Corporation (NASDAQ:COST) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year, , on September 26, 2020 at 12:48 pm
As you might know, Costco Wholesale Corporation (NASDAQ:COST) recently reported its full-year numbers. Costco..., As you might know, Costco Wholesale Corporation (NASDAQ:COST) recently reported its full-year numbers. Costco...,
Costco Wholesale Corporation (NASDAQ:COST) Yearly Results Just Came Out: Here’s What Analysts Are Forecasting For This Year, , on September 26, 2020 at 12:48 pm
As you might know, Costco Wholesale Corporation (NASDAQ:COST) recently reported its full-year numbers. Costco..., As you might know, Costco Wholesale Corporation (NASDAQ:COST) recently reported its full-year numbers. Costco...,
Opinion: Why Mr. Market doesn’t care if democracy is collapsing, , on September 26, 2020 at 12:32 pm
The former editor-in-chief of Time Inc. explains why the stock market continues to thrive in spite of all the apocalyptic events unfolding in the U.S. on an hourly basis., The former editor-in-chief of Time Inc. explains why the stock market continues to thrive in...
Fifth Third Bancorp (NASDAQ:FITB) Stock Goes Ex-Dividend In Just Four Days, , on September 26, 2020 at 12:11 pm
It looks like Fifth Third Bancorp (NASDAQ:FITB) is about to go ex-dividend in the next 4 days. If you purchase the..., It looks like Fifth Third Bancorp (NASDAQ:FITB) is about to go ex-dividend in the next 4 days. If you purchase the...,
Bristol-Myers Squibb Company (NYSE:BMY) Goes Ex-Dividend Soon, , on September 26, 2020 at 12:00 pm
Readers hoping to buy Bristol-Myers Squibb Company (NYSE:BMY) for its dividend will need to make their move shortly..., Readers hoping to buy Bristol-Myers Squibb Company (NYSE:BMY) for its dividend will need to make their move shortly...,
How Tesla, Nikola and Donald Trump are all connected, , on September 26, 2020 at 11:55 am
On January 9, 1943, two days after Nikola Tesla died destitute in a New York City hotel, the FBI called MIT professor and esteemed electrical engineer, John G. Trump, to determine if any of the belongings in the inventor’s estate., On January 9, 1943, two days after...
SmileDirectClub Sees Profit, Growth Ahead: Exclusive, , on September 26, 2020 at 8:17 am
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The Future of Luxury Is in Wellness, Watches and Possibly Weed, , on September 26, 2020 at 5:00 am
(Bloomberg Opinion) -- With the Covid-19 pandemic closing top-end stores and decimating international travel, 2020 is set to be the worst year for the global luxury market in modern history. Yet a new book called “Future Luxe: What’s Ahead for the Business of Luxury”...
FAA chief set to conduct 737 MAX evaluation flight next week, , on September 26, 2020 at 2:14 am
Federal Aviation Administration (FAA) Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week, a key milestone as the U.S. planemaker works to win approval to resume flights, the agency told lawmakers. The Boeing 737...
Roku's deal with Peacock offers ad tailwind: Needham, , on September 26, 2020 at 1:30 am
With NBCUniversal recently joining Roku's platform, Needham analyst Laura Martin highlights a number of reasons Roku could see upside revenue potential from the deal with any new viewers to its home page ad inventory. The Final Round discusses., With NBCUniversal...
Roku’s deal with Peacock offers ad tailwind: Needham, , on September 26, 2020 at 1:30 am
With NBCUniversal recently joining Roku's platform, Needham analyst Laura Martin highlights a number of reasons Roku could see upside revenue potential from the deal with any new viewers to its home page ad inventory. The Final Round discusses., With NBCUniversal...
The Crypto Daily – Movers and Shakers – September 26th, 2020, , on September 26, 2020 at 12:52 am
It’s a relatively bullish start to the day for the crypto majors. Bitcoin would need to break out from Friday’s high $10,774 to provide support., It’s a relatively bullish start to the day for the crypto majors. Bitcoin would need to break out from Friday’s high...
TikTok Judge Schedules Sunday Hearing as Trump’s Ban Looms, , on September 26, 2020 at 12:44 am
(Bloomberg) -- A federal judge scheduled an unusual Sunday morning hearing to decide whether the U.S. can go through with its ban on the video-sharing app TikTok.ByteDance Ltd., TikTok’s Chinese owner, has asked the court to block the ban, set to begin on Sunday...
American Air Gets $5.48 Billion U.S. Loan in Upsized Deal, , on September 25, 2020 at 10:36 pm
(Bloomberg) -- American Airlines Group Inc. closed a $5.48 billion loan with the U.S. Treasury, increasing its pool of cash to help fund operations until travel demand begins to return.The credit facility, backed by American’s loyalty program, increased from an...
Ray Dalio Sees Enemy Within as He Ponders U.S.-China Clash, , on September 25, 2020 at 10:31 pm
(Bloomberg) -- Ray Dalio used the latest installment of his ongoing series on the changing world order to identify clear red lines that, if crossed, could result in a deadly war between China and the U.S., but the real enemy in the conflict may lie within.“Our...
J.C. Penney Losses Deepen, , on September 25, 2020 at 10:13 pm
It's taking longer than expected to finalize a reorganization plan., It's taking longer than expected to finalize a reorganization plan.,
Why Natural Gas Prices Are Set To Soar, , on September 25, 2020 at 10:00 pm
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Gold and Silver Have Worst Weeks Since March on Rising Dollar, , on September 25, 2020 at 9:51 pm
(Bloomberg) -- Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic panicked markets.The dollar gained as concern over the outlook for global economic growth bolstered the appeal of the currency as a haven,...
Delta expects jet retirement charges of up to $2.5 billion in third-quarter, , on September 25, 2020 at 9:35 pm
The airline said it is retiring its Boeing 717-200 aircraft and the remainder of its 767-300ER aircraft from the fleet by December 2025. It is also retiring its CRJ-200 aircraft by December 2023, earlier than previously planned., The airline said it is retiring its...
Despite COVID-19 Vaccine Trial Delay, AstraZeneca Is Still a Buy, Says Analyst, , on September 25, 2020 at 9:23 pm
Does AstraZeneca (AZN) still have a fighting chance in the COVID-19 vaccine race? Earlier this month, the healthcare giant paused the Phase 3 study of AZD1222, its experimental COVID-19 vaccine developed as part of a collaboration with the University of Oxford, after...
What Is a Jumbo CD?, , on September 25, 2020 at 8:33 pm
A certificate of deposit, more commonly known as a CD, is a type of bank account that pays interest in exchange for the depositor leaving their funds in the account until it matures. A jumbo CD functions in the same way, … Continue reading ->The post What Is a...
Hedge Fund Bets on Lithium Miner After Big Electric Vehicle Win, , on September 25, 2020 at 8:33 pm
(Bloomberg) -- Formidable Asset Management LLC, a hedge fund that bet on electric-vehicle maker Workhorse Group Inc., and battery maker Nano One Materials Corp. is now putting its money on a lithium mining company.The Cincinnati-based fund sees Lithium Americas Corp....
Nio Begins Delivery Of Electric EC6 SUV: What You Need To Know, , on September 25, 2020 at 8:29 pm
Ahead of the China Auto Show 2020, Chinese electric vehicle manufacturer Nio Inc - ADR (NYSE: NIO) announced the first delivery Friday of the newest vehicle in its stable.Nio Meets Delivery Schedule: Nio announced via a tweet that it has officially begun deliveries of...
Facebook Stock Looks Poised to Rally Back to $300, Says 5-Star Analyst, , on September 25, 2020 at 8:08 pm
Among the devastating impacts of COVID-19 on businesses, advertising budgets have been hit hard. Even Wall Street heavyweight Facebook’s (FB) advertising business has been battered by the pandemic, with an advertiser boycott also weighing on the segment.In the second...
Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs, , on September 25, 2020 at 8:05 pm
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Boeing helps lift Dow 358 points as tech shares drive S&P, Nasdaq, , on September 25, 2020 at 8:00 pm
U.S. stocks staged a late day comeback but the Dow and S&P; still posted weekly losses., U.S. stocks staged a late day comeback but the Dow and S&P; still posted weekly losses.,
Boeing helps lift Dow 358 points as tech shares drive S&P, Nasdaq, , on September 25, 2020 at 8:00 pm
U.S. stocks staged a late day comeback but the Dow and S&P; still posted weekly losses., U.S. stocks staged a late day comeback but the Dow and S&P; still posted weekly losses.,
Mass layoffs and smaller airlines loom after COVID-19, even with more aid, , on September 25, 2020 at 7:35 pm
Sara Nelson, President of the Association of Flight Attendants says she is optimistic Congress will extend additional aid to the airlines before mass layoffs October 1., Sara Nelson, President of the Association of Flight Attendants says she is optimistic Congress...
What Is the Rule of 70, and How Do You Use It?, , on September 25, 2020 at 7:34 pm
The rule of 70 is used to determine about how long it will take an investment to double in size while growing at a consistent rate of return. The rule is far from exact, but it can nonetheless help you … Continue reading ->The post What Is the Rule of 70, and How...
Coronavirus Latest: Friday, September 25, , on September 25, 2020 at 7:27 pm
On Friday, Novavax started its phase 3 coronavirus trial to test for safety and efficacy of its vaccine. This comes as AstraZeneca received partial immunity with the EU states saying that they will pay for part of the expenses if problems continue to arise with...
'American public isn't ready' for California's ban on new gas cars: EPA administrator, , on September 25, 2020 at 7:22 pm
California’s decision this week to pull the plug on the sale of new gas-powered cars and light trucks by 2035 is raising the ire of the Trump administration., California’s decision this week to pull the plug on the sale of new gas-powered cars and light trucks by 2035...
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