Trading Ideas
Month: April 2020
Trading Ideas
‘You can see parallels between Joe and our current president’: ‘Tiger King’ Director
Yahoo Finance’s Editor-In-Chief Andy Serwer sat down with Eric Goode, Director of the popular Netflix docuseries ‘Tiger King’ to discuss the comparisons between Joe Exotic and President Trump. …read more […]
Trading Ideas
Welcome to the Quant Investing Revolution
Thirty years ago, quant investing required millions of dollars and a Ph.D. Today, it’s much more accessible to investors.
Nicholas Vardy explains how quant investing and swing trading give investors an edge.
Editor’s Note: We know things are changing rapidly as the number of COVID-19 cases increases and Mr. Market reacts. Our strategists are here for you – to keep you up to date with all the information that you need to make smart investment choices. Take a look at Nicholas Vardy’s latest video update here: “How to Manage Financial Risks During Pandemic.”
– Christina Grieves, Senior Managing Editor
Machines are taking over Wall …read more […]
Trading Ideas
Coronavirus could wipe out department stores: former Apple store chief
Ron Johnson, who is the former CEO of J.C. Penney and architect of Apple’s retail stores, gives his take on the future of department stores during coronavirus. …read more […]
Business News
BA suspends more than 30,000 staff, owner scraps dividend
British Airways has struck a deal with its unions to suspend more than 30,000 cabin crew and ground staff in one of the airline industry’s most dramatic moves yet to survive the coronavirus pandemic.
Trading Ideas
The U.S. economy is entering the 'deepest recession on record'
Bank of America economists expect the coronavirus-related recession will be the deepest on record. …read more […]
Business News
Wall Street gains as oil soars 30%
Wall Street bounced on Thursday as hints of a deal between Russia and Saudi Arabia drove a record 30% surge in oil prices, outweighing the shock of a jump in U.S. jobless claims past 6 million.
Business News
Nivea-maker Beiersdorf scraps 2020 outlook due to coronavirus crisis
Nivea-maker Beiersdorf on Thursday scrapped its 2020 outlook due to the coronavirus pandemic, and also released preliminary first-quarter sales that showed a 3.6% fall from a year earlier.
Trading Ideas
'We are the last service to be turned off' amid the coronavirus: RingCentral CEO
RingCentral founder Vlad Shmunis details a big uptick in business as people work from home during the coronavirus in an interview with Yahoo Finance. …read more […]
Trading Ideas
Jobless numbers are ‘terrible’ but that was anticipated: Expert
Jobless claims surged for the second week in a row. Franklin Templeton Fixed Income CIO Sonal Desai joins Yahoo Finance’s On The Move to discuss how the 6.6 million jobless claims were anticipated. …read more […]
Business News
Oil soars over 20% after Trump claims Saudis and Russians to cut output
Oil prices soared on Thursday after U.S. President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of oil producers to deal with the market turmoil.
Trading Ideas
Zoom Video’s Meteoric Rise Complicated by Privacy Concerns
(Bloomberg) — Zoom Video Communications has been one of the few stand-outs in the current market, with shares doubling and usage surging during the coronavirus pandemic, but now the company’s high profile has raised concerns about user privacy and security.The teleconferencing company has become a favorite business tool as more employees work remotely, but concerns over privacy could complicate that popularity and expose it to new risks. For example, Zoom was recently sued by one user who claimed it is illegally disclosing personal information, and on Wednesday, Reuters reported that SpaceX had banned its employees from using Zoom due to …read more […]
Trading Ideas
Aurora Cannabis (ACB): A Real Lift or a Dead Cat Bounce?
In mid-March, Aurora Cannabis (ACB) hit a 52-week low of $0.60 per share, with some commentators believing it hadn’t hit bottom yet. While it appears a bottom is in, the question going forward is whether or not the company can hold on to some of its recent gains.After hitting its bottom, a little over a week later the company soared to over $1.13 per share, pulling back to $0.85 per share as I write.In this article we’ll look at whether or not the company will be able to sustain or increase these gains, and what it would take to do …read more […]
Business News
Bank of England doubles size of corporate bond purchase program
The Bank of England said on Thursday it will double the size of its corporate bond purchase program to at least 20 billion pounds ($24.7 billion), part of a previously announced stimulus package to help the economy during the coronavirus crisis.
Trading Ideas
Oil majors rush to raise billions in debt as crude prices sink
The world’s top oil and gas companies are rushing to raise tens of billion of dollars in debt to help them weather one of the worst downturns in the sector’s history while faced with high fixed costs and looming dividend payments. Royal Dutch Shell , BP , France’s Total , Norway’s Equinor and Austria’s OMV have all tapped bond markets this week, raising more than $10 billion according to Reuters calculations. Oil prices sank 65% in the first three months of the year to lows of $22 a barrel as strict movement restrictions imposed around the …read more […]