Month: July 2020

Imagine co-founder and former long-time Unilever CEO Paul Polman speaks out on Facebook’s recent actions. …read more […]

Pfizer (PFE) on Wednesday announced early positive results for the first phase of its coronavirus vaccine trial, sparking hopes that an effective treatment can help turn the tide amid an implacable surge in new infections. …read more […]

The COVID-19 pandemic has decimated the U.S. economy, yet the stock market is alive and well. Against the backdrop of a recession, the market actually had its strongest quarter in over 20 years, with the S&P 500 notching its largest quarterly gain since the last quarter of 1998, surging 20%. As for the NASDAQ, it climbed 31% higher during the quarter, marking its best quarterly performance since Q4 1999.While certainly volatile, the quarter saw investors take an optimistic approach due to reopening efforts and unprecedented stimulus packages. That being said, going forward into Q3, plenty of uncertainty is lingering over …read more […]

If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on 3M Company (NYSE:MMM) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed […] …read more […]

(Bloomberg) — An early trial of an experimental coronavirus vaccine from Pfizer Inc. and BioNtech SE showed it’s safe and prompted patients to produce antibodies against the new virus, keeping it in the lead pack for a pandemic shot.The messenger RNA product was tested on 45 healthy adults divided in several groups: 24 of them got two injections with two different doses of the experimental vaccine, 12 of them received a single shot with a very high dose and nine patients got two dummy injections. The two-shot groups produced the highest level of antibodies.Pfizer and Germany’s BioNTech are in a …read more […]

What is wealth creation and how can you create a savings strategy that works? This is a question that’s probably crossed your mind at least once. Americans across the nation struggle to obtain financial stability. But, why is this so common?
According to a CNBC report, only 29% of Americans are financially “healthy.” This is a concerning stat that raises concerns about our ability to make the most of our income.

What is Wealth Creation and Preservation?
The same CNBC report as above says 54% of people are “financially coping” while 17% are vulnerable. And, if 2020 stays on its current path, these …read more […]

Yahoo Finance’s Brian Sozzi and Jared Blikre break down today’s market action with Belpointe Chief Strategist David Nelson. …read more […]

AAA Northeast’s Robert Sinclair joins The First trade to discuss the difficulties surrounding the summer travel businesses and what these businesses have done to adapt. …read more […]

(Bloomberg) — U.S. stocks climbed after positive coronavirus vaccine developments, better-than-expected manufacturing data and a surprise profit from economic bellwether FedEx Corp. Treasuries and the dollar fell.The S&P 500 extended gains into a third day as an early trial of an experimental shot from Pfizer Inc. and BioNtech SE showed it’s safe and prompted patients to produce antibodies. The New York-based drugmaker led gains in the Dow Jones Industrial Average. FedEx had its biggest-ever surge on a closing basis. Meanwhile, United Airlines Holdings Inc. jumped after saying it will boost its domestic schedule for August.Stocks kicked off the third quarter …read more […]

(Bloomberg) — Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years.Shares of Tesla, which have more than doubled since the start of the year, climbed as much as 3.5% in intraday trading Wednesday, giving it a market capitalization of $207.2 billion, surpassing Toyota’s $201.9 billion.Chief Executive Officer Elon Musk has ignored or broken many of the established auto industry’s rules and norms in the 10 years since he took Tesla public, selling cars online and …read more […]

Finding the right stock plays in the current environment is a challenge for every investor. The crisis sparked by the coronavirus and the unprecedented economic shutdown policies has defied all the rules, making it difficult to predict where a given stock may head. Fortunately, TipRanks has developed the tool you need to interpret the market.The Smart Score tool takes the range of TipRanks’ raw data, sorts it by 8 separate factors that are known to predict future stock behavior, and uses it to give each stock a single-digit store, on a scale of 1 to 10, indicating whether it is …read more […]

A new report into the Federal Aviation Administration’s decision to certify the Boeing 737 MAX may help proponents seeking reforms to the long-standing practice of delegating some aircraft certification tasks to manufacturers. On Wednesday, the Transportation Department’s inspector general released a 52-page report that said Boeing withheld key information about a crucial safety system known as MCAS, that is tied to two fatal crashes and raises questions about whether Boeing employees performing work for the FAA faced undue pressure. On June 16, Senate Commerce Committee chairman Roger Wicker and the top Democrat on the panel Maria Cantwell introduced …read more […]

Yahoo Finance’s Anjalee Khemlani joins The First Trade to break down the latest headline news about the coronavirus, including Pfizer’s recently released phase 1 data. …read more […]

Rates have returned to a record low amid the Fed chief’s new warnings about the economy. …read more […]

Yahoo Finance’s Heidi Chung joins The First Trade to break down General Mills’ earnings report, which beat on top and bottom lines, and ADP’s employment report, which saw a rebound in industries that saw biggest job losses. …read more […]