Trading Ideas
Amazon paid a 1.2% tax rate on $13,285,000,000 in profit for 2019
Last year Amazon paid 0% in taxes — this year they only paid 1.2%. …read more […]
Month: February 2020
Trading Ideas
Peloton girl ad powers a big quarter for digital bike maker
Yahoo Finance speaks with Peloton co-founder John Foley about the year ahead. …read more […]
Business News
Stocks rally on virus vaccine hopes, dollar gains
The dollar gained and a gauge of global equity markets surged for a third day on Wednesday as expectations of more central bank stimulus and reports suggesting scientists were closing in on a vaccine for the deadly coronavirus boosted sentiment.
Trading Ideas
Tesla stock is on track for worst day ever
Canaccord downgraded Tesla’s stock to ‘hold,’ saying it believes investors will be able to get a more attractive entry point down the road. Yahoo Finance’s Melody Hahm joins Seana Smith on The Ticker to discuss. …read more […]
Trading Ideas
Burger King defends itself against a customer’s lawsuit claims
Burger King got defensive after a customer filed a lawsuit complaining that the cooked plant-based patties were on the same grill as its meat burgers. Yahoo Finance’s On The Move panel shares the details.
…read more […]
Business News
Oil prices jump 2% as virus vaccine reports spur hope
Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not yet been found.
Trading Ideas
Nancy Pelosi tore up President Trump’s speech at the State of the Union Address
Drama ensued at the State of the Union Address after House Speaker Nancy Pelosi ripped apart President Trump’s speech. Yahoo Finance’s On The Move panel breaks it down. …read more […]
Trading Ideas
Tesla Mania Cools With Record 21% Plunge, Snapping Six-Day Rally
(Bloomberg) — The incredible six-day, 60% rally in Tesla Inc. that left Wall Street watchers scratching their heads screeched to a halt Wednesday.The electric-vehicle maker fell as much as 21% to $704.11 in New York, erasing most of the gains the stock saw over the past two days amid what seemed like an unstoppable advance. Tesla had added 36% to its value in the first two days of the week, but by Wednesday afternoon, it was just 7.7% higher than where it opened Monday morning, and 12% above Friday’s close. The breather comes as analysts at Canaccord Genuity cut their …read more […]
Business News
Avianca’s top shareholder says has no knowledge of alleged Airbus bribes
German Efromovich, the majority shareholder in Latin American airline Avianca , said on Wednesday he does not have any knowledge of widespread bribes allegedly paid by European manufacturer Airbus .
Business News
Wall Street gains after strong U.S. data, waning virus fears; Tesla limits Nasdaq’s rise
U.S. stocks rallied for a third straight day on Wednesday on encouraging U.S. economic data and waning fears of the financial fallout from a virus out of China but losses in Tesla shares pulled the Nasdaq off its record high.
Trading Ideas
Peloton and Twitter – Two Earnings Plays to Watch Immediately
Two companies are set to report earnings – and I believe both are primed for a big move.
By the time you read this Trade of the Day issue, the first company will already have reported. And that company is Peloton (Nasdaq: PTON).
Going into the report, Peloton has been quite polarizing. Its 2019 sales growth is currently 110.3% – and Wall Street loves rewarding growth with a huge price premium. But on the other hand, Peloton was just downgraded by Bank of Montreal Capital Markets (before market open) with a $27 price target.
Even more dramatic, Citron Research set a $5 price …read more […]
Trading Ideas
The government is finally cracking down on robocall enablers
The anti-robocall momentum is picking up steam as the government has begun a crackdown of companies that enable illegal robocallers to operate. …read more […]
Business News
Oil prices jump 2% after reports of coronavirus drug
Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not been found to combat the virus.
Trading Ideas
57% of millennials commit financial infidelity: survey
According to a new report from CreditCards.com, more than half of millennials admit to committing financial infidelity. Yahoo Finance’s Zack Guzman & Sibile Marcellus, along with Independent Women’s Forum Board Member Nan Hayworth discuss on YFi PM. …read more […]
Trading Ideas
Iowa Starting Line Founder: The biggest loser from the caucus chaos is Mayor Pete Buttigieg
Amid the Iowa caucus chaos, independently run startup Iowa Starting Line is aiming to provide its readers with a unique take on the local political scene that others may be covering. Iowa Starting Line Founder Pat Rynard joins Yahoo Finance’s Zack Guzman and Sibile Marcellus, along with Former Congresswoman Nan Hayworth, to discuss. …read more […]