Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss earning reports from Clorox and Tyson, as well as C-Suite changes at both companies.
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We’re living in interesting times, as the cliché goes, but that’s hardly a curse for investors. Stocks are climbing, despite the ongoing corona crisis and the shaky economic restart. By now, we all know that Q2 GDP fell badly; the 39.2% contraction was the worst since record keeping began. It would appear that the really bad news was already baked into investors’ expectation.One way to gauge the quality of the markets is to watch the corporate officers. These execs and board members are charged with guiding their companies through good times and bad – and they are privy to more …read more […]
Yahoo Finance’s Editor-in-Chief Andy Serwer joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss the possibility of Microsoft buying ByteDance’s TikTik operations in the United States. Serwer also breaks down what this means for the overall social media industry. …read more […]
Democrats and Republicans resume talks today for the next U.S. stimulus package. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss what to expect with Raymond James Washington Policy Analyst Ed Mills. …read more […]
What are the best cloud stocks to buy today? In this time of uncertainty characterized by volatile market movements, economic contraction, and spiraling unemployment, finding stocks that would guarantee returns, let alone preservation of capital, seems like a herculean task. Some investors might think that the stock market is acting irrationally and puzzled by the […] …read more […]
Firing on all cylinders since its March low, where is the stock market going? Not just in the back half of 2020, but ten years down the line. Going beyond the near-term, the strategists at Goldman Sachs, led by David Kostin, looked at valuations, bond market forecasts, investor allocations, dividend growth expectations as well as the outlook for the economy to gauge the market’s trajectory over the next decade.“We estimate the S&P 500 will deliver an average annualized total return of 6% during the next 10 years… We estimate 25% of the return will come from dividends and 75% from …read more […]
Microsoft rose 2.7% before the bell as it said it would push ahead with talks to acquire the U.S. operations of Chinese-owned TikTok after President Donald Trump reversed course on a planned ban of the short-video app. Drug distributor McKesson Corp gained 4.6% after raising its full-year earnings forecast, while Tyson Foods Inc rose 0.9% on topping quarterly profit estimates. …read more […]
(Bloomberg) — Tyson Foods Inc. is replacing its top boss just as the pandemic boosts costs and clouds the outlook for America’s top meat producer.Noel White will step down as chief executive officer after just two years on the job, but will remain at the company as executive vice chairman, Tyson said in a statement Monday. He will be replaced by Dean Banks, currently Tyson’s president, effective Oct. 3.Tyson’s costs soared as it tried to contain outbreaks of coronavirus that infected thousands of meat-plant employees across America. The company spent an additional $340 million in the third quarter due to …read more […]
While Plug Power Inc. (NASDAQ:PLUG) might not be the most widely known stock at the moment, it led the NASDAQCM… …read more […]
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 17x, you may… …read more […]
Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash. …read more […]
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 17x, you may… …read more […]
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