Trading Ideas
Month: May 2020
Business News
Exclusive: Iran-linked hackers recently targeted coronavirus drugmaker Gilead – sources
Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus.
Trading Ideas
Exclusive: Iran-linked hackers recently targeted coronavirus drugmaker Gilead – sources
Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus. In one case, a fake email login page designed to steal passwords was sent in April to a top Gilead executive involved in legal and corporate affairs, according to an archived version on a website used to scan for malicious web addresses. Ohad Zaidenberg, lead intelligence researcher at Israeli cybersecurity firm ClearSky, who closely tracks Iranian hacking activity …read more […]
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The IPO Market Has Barely Slowed Down – This Product Explains Why
Above: A Hydrogen Powered Truck from Nikola Corporation, Which Is Merging with VectoIQ Acquisition Corp. By John Jannarone Since the coronavirus crisis drove the market to multiyear lows, the flow of initial public offerings has ground to a veritable halt. That is, except, for special purpose acquisition companies, or SPACs. Some $2.7 billion has been […] …read more […]
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Amazon, Facebook and Google Are Doing Well Amid the Coronavirus Crisis, But Will It Last?
Click here to read the full article. The coronavirus crisis has played to the strengths of tech companies: People are staying indoors, increasingly using the internet and streaming more video than ever.It’s clear that the tech giants are well positioned to make it through the crisis relatively intact. “Alphabet [Google’s parent], Facebook and Amazon will be just fine,” says Tal Chalozin, co-founder and chief technical officer of ad-tech company Innovid. The crisis stands to make the most powerful tech companies even stronger, as they have business models built for digital marketplaces and the cash reserves to withstand an economic downturn, …read more […]
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Are the Views of the CEOs of Tripadvisor and Booking Holdings Sage or Stale for Travel Post-Pandemic?
After listening to the Tripadvisor and Booking Holdings first quarter earnings calls over the past few hours, it’s striking that despite the world-changing disruption of the coronavirus pandemic, how the CEOs of these two major travel businesses similarly argue that the underlying dynamics of the travel industry will largely remain intact when travel snaps back. […] …read more […]
Trading Ideas
Downgrade: Here's How Analysts See Host Hotels & Resorts, Inc. (NYSE:HST) Performing In The Near Term
The latest analyst coverage could presage a bad day for Host Hotels & Resorts, Inc. (NYSE:HST), with the analysts… …read more […]
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JPMorgan: 3 Stocks That Could Surge Over 30%
Investors are still uncertain just where the stock market is headed. Essentially, there are two competing opinions right now. One says that we’re just in a bear market rally, and that the worst is yet to come. The other thesis states that the current rally is real, and will mature into a new bull cycle as the economy restarts in the second half.Writing from JPMorgan, Marko Kolanovic, the investment bank’s quant analyst, holds fast to that optimistic view. Kolanovic believes that epidemiological data suggests we are past the worst of the coronavirus spread, justifying the lifting of social and business …read more […]
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Yahoo U: Why 14.7% unemployment doesn’t tell the whole story
Hiring across the US saw an unprecedented drop in April over the spread of COVID-19. Yahoo Finance’s Brian Cheung joins the On The Move panel to discuss. …read more […]
Business News
Still hiring! Walmart, other superstores buck U.S. employment trend
Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc , the world’s largest retailer, added more than 90,000 jobs.
Business News
Wall Street weekahead: U.S. data deluge to underscore divide between roaring market, plunging economy
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.
Business News
U.S. data deluge to underscore divide between roaring market, plunging economy
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.
Business News
Stocks hit weekly highs as markets shrug off dismal U.S. jobs data
Global share markets rallied on Friday, hitting weekly highs, and oil prices gained as more governments around the world began gradually reopening their economies and Sino-American trade tensions eased.
Trading Ideas
Roku CFO: ‘A lot of the trends right now are accelerating the shift to streaming’
Roku CFO joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss the streaming service’s first quarter earnings report. …read more […]
Business News
U.S. wholesale inventories revised up in March
U.S. wholesale inventories fell in March, albeit less than initially estimated, and further decreases are likely as the novel coronavirus outbreak continues to weigh on imports of goods.