Month: August 2020

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New York’s school districts will welcome students back into classrooms in the fall, Governor Andrew Cuomo announced on Friday, as the former coronavirus epicenter continues on its recovery. …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Friday. …read more […]

Sometimes a market rally makes sense, but for many investors, the current run-up just doesn’t. Bouncing back with incredible force, the S&P 500 has gained 50% since plummeting to a low point on March 23, with the index now landing just shy of its 52-week high.This impressive charge forward has come as investors shrug off COVID-19’s devasting impact on the economy. Even the fact that the U.S. only added 167,000 employees to private payrolls in July, compared to the 1 million expected, hasn’t been able to derail this bullish trading action. On top of this, gloomy COVID-19 headlines continue to …read more […]

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A new slugfest has erupted between two of Silicon Valley’s biggest corporations. Apple, after repeatedly rejecting Facebook Gaming app for iOS devices, finally approved the social giant’s app for the App Store. However, Facebook had to strip out games entirely — allegedly because of Apple’s preconditions for it to be published in the App Store. […] …read more […]

Wall Street pros have been taking a careful look of the stock markets in light of the recent gains. The S&P 500 was up 5.5% by the end of July, and the gains have continued into August. CFRA strategist Sam Stovall sees conditions as overbought, and believes that investors are in for a shock between now and the end of September – in the form of a 5% to 10% sell-off.Stovall cites a number of factors to support his contention that we’re on the verge of a market cliff, including “tech and large-cap dominance, the concerns surrounding soaring gold prices, …read more […]

Artko Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -11.4% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Artko Capital’s top 5 stock picks for investors to buy […] …read more […]

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]

President Trump has issued executive orders that could ban TikTok and WeChat within 45 days. Yahoo Finance’s Akiko Fujita discusses with Alexis Christoforous and Brian Sozzi. …read more […]

Jeff Lawson became the CEO of Twilio Inc. (NYSE:TWLO) in 2008, and we think it’s a good time to look at the… …read more […]

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When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]

Japan plans to buy AstraZeneca Plc’s experimental COVID-19 vaccine and fund a local company to manufacture Novavax’s vaccine candidate, ramping up its stockpile plan as it battles surging infections. Japan will order 120 million doses of the experimental vaccine developed by the British pharmaceutical company, beginning with 30 million doses by March next year. Separately, Takeda Pharmaceutical said on Friday it would manufacture and sell up to 250 million doses of Novavax’s COVID-19 vaccine candidate every year in Japan, with funding support from the government. …read more […]

The controversial PPP deserves a closer look to see what worked and what didn’t. …read more […]