Spencer Rascoff, Co-founder and Fmr. Zillow CEO and dot.LA Founder, joins Yahoo Finance to discuss the trajectory for real estate across the U.S. and technological advancements in the field. …read more […]
Eurasia’s Ian Bremmer weighs in on the escalating tensions between the U.S. and China. …read more […]
The firm has been under pressure to improve its moderation of the content on its platform. …read more […]
(Bloomberg) — Facebook Inc. and Twitter Inc. shares tumbled Friday after Unilever, one of the world’s largest advertisers, said it will halt all U.S. advertising on both platforms, fueling concerns that other major consumer brands may follow suit.Unilever, which owns names like Hellmann’s mayonnaise and Axe shower gel and has an annual advertising budget of almost $8 billion, said it won’t advertise on Facebook, Twitter and Facebook-owned Instagram for the rest of the year because of the hate speech and polarized politics that users often post.“Continuing to advertise on these platforms at this time would not add value to people …read more […]
Stocks closed out Friday’s session sharply lower after Texas and Florida reversed their reopening processes and closed bars and limited restaurant capacity following surges in coronavirus cases. Each of the three major indices fell more than 2%, and the S&P 500 dropped to its lowest level in two weeks. …read more […]
Recent headlines were saturated with the alarming uptick of new coronavirus cases in several states. Accordingly, the stock market experienced a sell off. Yet, stocks of companies engaged in the search for a COVID-19 vaccine or treatment took the news as a bullish signal. Inovio Pharmaceuticals (INO) skyrocketed over 100% this week, after the coronavirus vaccine maker disclosed it had been given $71 million by the U.S. Department of Defense (DOD). This will go toward the manufacturing of its Cellectra 3PSP smart device and the purchase of Cellectra 2000 devices. These are the devices through which Inovio’s COVID-19 DNA vaccine …read more […]
(Bloomberg) — At record highs on Tuesday, the popular group of megacap tech stocks known as the Fangs is ending the week with the worst plunge since the depths of the Covid crash.While intermittent stumbles have been a regular feature of the broad market during the recovery phase, ones involving its core constituency of the biggest online companies have been all but unheard of. The group’s automated, algorithmic, stay-at-home moat has insulated them from day-to-day ups and downs, making them a central holding of hedge funds and other institutions who have shied away from retail favorites in the airline and …read more […]
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]
The CEOs of major U.S. airlines, including American Airlines, Delta, JetBlue and Southwest, are meeting with Vice President Mike Pence to discuss the impact of COVID-19 on the industry. Yahoo Finance’s Akiko Fujita and Emily McCormick break down the details. …read more […]
America’s up-again, down-again group of cruise line stocks — Carnival Corporation (CCL), Royal Caribbean (RCL), and Norwegian Cruise Line Holdings (NCLH) — went down again, en masse, this week, with all three companies’ stocks sinking 10% or more.Don’t say you were not warned.Analyst Chris Woronka of Deutsche Bank penned a note in which he tweaked price targets ever so slightly higher. At the same as he did this, however, Woronka also warned investors that none of the three publicly-traded cruise stocks is currently cheap enough to buy.Although Woronka raised his estimates (the price target on Carnival going from $11 to …read more […]
Trump’s executive order prevents hundreds of thousands of foreigners looking to work in the United States through the end of 2020. …read more […]
(Bloomberg) — Boeing Co. and federal regulators are preparing to hold a critical set of test flights on the 737 Max early next week, which would mark a milestone in its return to service after being grounded for more than 15 months.Aviation industry officials briefed on the plans, which still haven’t been finalized, indicate that the U.S. Federal Aviation Administration has reviewed Boeing’s extensive safety analysis of fixes it has made and is comfortable moving to the next step: putting the plane through its paces with test pilots.Boeing had privately targeted hosting the FAA flights by the end of June. …read more […]
Inexperienced traders often go after the biggest stocks – Apple, Amazon, etc.
But, as Alexander Green explains, they are missing out on major profit potential by ignoring the small stocks – more specifically, microcaps.
Thanks in part to the coronavirus, more than 500 companies have filed for bankruptcy this year.
The biggest by far is Hertz (NYSE: HTZ), which sought Chapter 11 protection in May with $25.8 billion in assets and $24.4 billion in liabilities.
Some companies restructure and survive bankruptcy. Many do not.
The ones that don’t generally go into liquidation. In a liquidation, shareholders don’t receive a dime until bondholders, creditors and other …read more […]
(Bloomberg) — Microsoft Corp. said it will close its physical store locations permanently but will continue to invest in a digital storefront that, along with third-party retailers, has driven sales of products such as the Xbox game player and Surface tablets.The move will result in a pretax charge of about $450 million, or 5 cents a share, in the current quarter, Microsoft said Friday in a statement.“Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location,” said Microsoft Corporate Vice President David …read more […]
Unilever is ceasing all U.S. ad spending from social-media platforms Facebook, Instagram and Twitter through the end of the year — and possibly beyond — citing the “polarized atmosphere” in the country. The consumer goods giant’s announcement Friday comes amid the widening StopHateForProfit boycott targeted at Facebook, organized by groups that want to pressure Facebook […] …read more […]
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