Month: September 2020

The delayed award provides a fresh source of potential trade friction weeks before November’s U.S. presidential election, after Washington last year began imposing tariffs on $7.5 billion worth of EU goods over state support for Boeing rival Airbus. The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world’s largest-ever corporate trade dispute. …read more […]

Stock futures drifted higher Tuesday evening as investors considered the first presidential debate and continued to eye developments among congressional lawmakers for further fiscal stimulus. …read more […]

The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the coronavirus pandemic and urged Congress to save tens of thousands of airline jobs by extending billions in payroll assistance. The Treasury said in a statement the seven carriers were Alaska Airlines, American Airlines, Frontier Airlines, JetBlue Airways Corp , Hawaiian Airlines, SkyWest Airlines and United Airlines. …read more […]

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“Tim has brought unparalleled innovation and focus to his role as CEO and demonstrated what it means to lead with values and integrity,” Apple’s board of directors said in a statement. “For the first time in nearly a decade, we are awarding Tim a new stock grant that will vest over time in recognition of his outstanding leadership and with great optimism for Apple’s future as he carries these efforts forward.” Cook is in the ninth year of his 10-year grant from 2011. …read more […]

Muddy Waters Research is betting against Nano-X Imaging Ltd. (NASDAQ:NNOX), saying that the company has “important similarities” with Nikola. In a research report, the investment firm writes that NNOX has “no product to sell other than its stock.” NNOX is a medical imaging technology company that has ensured cost-reduced imaging system. Muddy Waters believes that the […] …read more […]

For whatever reason, everyone is always asking me about my office – and my trade setup. How many monitors do you have? What systems do you use? And so on… So today, I’ll take you where nobody has ever gone before… Inside my office. In the video below, you can see – in real time – exactly how I trade from my own command center. Check it out!

Our strategies make The War Room something unique and profitable.
We’ve handed members an insane 76.95% win rate since we launched!
Over that time frame, we’ve had a 10.04% average gain with an average holding …read more […]

If you are looking for another successful biotech story in 2020, then look away now. Shares of Amarin (AMRN) have been under the cosh this year, as the company has battled its way through the courts to no avail.Amarin lost a patent case, and then its appeal too, against generic drug makers Hikma Pharmaceuticals and Dr. Reddy’s, who have their own plans for versions of Amarin’s high triglyceride treatment Vascepa. Investors have jumped ship in the meantime, sending shares down by a mighty 80% year-to-date.But conversely, if you are looking to pick up some shares on the cheap, SBV Leerink …read more […]

Zoom Video Communications (Nasdaq: ZM) has been nothing short of a stock market sensation in 2020.
It entered the year at $68. Now it trades for more than $480.
That is what we call a “seven-bagger” in this business.

If you owned $10,000 worth of Zoom shares on January 1, those shares are now worth more than $70,000.
I most definitely wish I had owned shares of Zoom on January 1 and held through today…
But if I did, I can tell you the first thing I would do…
I would sell them. Immediately.
Zoom’s Spectacular Run
I don’t dislike Zoom’s business. Quite the contrary, actually.
Zoom produces what …read more […]

A Canadian prosecutor says by requesting the inclusion of additional evidence the defense team for a Chinese executive wanted in the United States is coming close to turning an extradition hearing into a trial. Canada arrested the chief financial officer of Huawei at Vancouver’s airport in late 2018. The U.S. wants Meng Manzhou, the daughter of Huawei’s founder, extradited to face fraud charges. …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

Micron reported Q4 results Tuesday that topped Street’s expectations, posting $6.06B in revenue versus the estimated $5.9B and $1.08 in earnings per share versus the expected $0.99 per share. The semiconductor design company nearly doubled its profit, adding more than $1 billion in sales from 2019, thanks in part to strong cloud and consumer sales since the start of the COVID-19 pandemic. Yahoo Finance’s Jared Blikre breaks down the details. …read more […]

We’ve been dealing with a bifurcated market for most of 2020.
Value stocks have been the babies tossed out with the bathwater. Meanwhile, growth stocks have flourished.
The Vanguard Growth ETF (NYSE: VUG) has left the Vanguard Value ETF (NYSE: VTV) by the side of the road.
We are seeing bifurcation not only at the broadest level but also at the sector-specific level. And the divergence for one industry is about to get a lot wider. The great thing about this is that it offers both value and growth.
Back in the Black… Market
Last week, the Canadian cannabis sector was pushed lower.
It’s already been …read more […]

Yahoo Finance’s Seana Smith and Myles Udland report breaking news from Disney saying that the company will layoff 28,000 employees from across its Parks, Experiences, and Consumer Products segments. …read more […]

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