Month: October 2020

A Clover Health IPO is coming to the market via SPAC IPO. Chamath Palihapitiya’s third SPAC, Social Capital Hedosophia III, is acquiring the company. And investors are excited about the idea of Clover Health stock.
But is Clover Health a good investment opportunity?
Clover Health IPO: The Business

CEO Vivek Garipalli and President Andrew Toy co-founded Clover Health in 2013. Clover is the fastest growing Medicare Advantage insurer in the U.S. It focuses on affordability and partnering with physicians to give members the best possible health outcome. Clover offers Medicare Advantage plans to give consumers access to healthcare networks, supplemental benefits and low …read more […]

Corona may have locked us all indoors, shut down the economy for nearly half the year, and even put President Trump in the hospital – but it seems to have breezed right past the semiconductor industry. And for good reason. Semiconductor chips are essential to our economy. From mobile devices to laptop computers to wifi to factory floors, pretty much everything in our lives runs on semiconductor chips.A look at the numbers will bear this out. The fifteen largest chip makers saw a combined $314 billion in sales last year, and the industry as a whole is on track to …read more […]

Americans may not be optimistic about where things are headed in the coming months but they suggest they might be willing to put some additional money towards improving things. …read more […]

…read more […]

If you’re an investor and you’re worried about the tech stock sell-off or the upcoming election, you shouldn’t be!
On Tuesday I wrote about why investors shouldn’t fear a sell-off in tech stocks if it’s orderly and gradual.
Today, we’ll go one step further and take a look at the election.
But first, look at the market visualization from late-morning Wednesday thanks to our friends at Finviz.

Broad market indexes like the S&P 500 and especially the tech-heavy Nasdaq composite were down, as shown by the influx of red in the graphic. But as you can see, it was more of a redistribution of …read more […]

It is hard to get excited after looking at Valero Energy’s (NYSE:VLO) recent performance, when its stock has declined… …read more […]

Tesla said in January that 2020 vehicle deliveries should comfortably exceed 500,000 units, a forecast the company has left unchanged despite the COVID-19 pandemic. Last week, Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record for the electric-car maker. Tesla’s delivery push has been supported by its new Shanghai factory, the only plant currently producing vehicles outside California. …read more […]

Every investor in Kinross Gold Corporation (TSE:K) should be aware of the most powerful shareholder groups. Insiders… …read more […]

Please stay Howard, say Sirius investors. …read more […]

Yahoo Finance’s Julie Hyman breaks down the stocks to watch Wednesday. …read more […]

President Donald Trump’s recovery from COVID-19 highlights the growing role of therapeutics in combating the virus. …read more […]

(Bloomberg) — Hurricane Delta barreled across Mexico’s Yucatan Peninsula, slamming the resort areas of Cancun and Cozumel with strong winds and a dangerous storm surge, knocking out power and threatening to inflict as much as $7 billion in damage and losses.Delta threatens to become the latest in a string of deadly natural disasters in 2020, a year that has been marked by a hyperactive hurricane season, devastating wildfires and a derecho that wreaked havoc across the U.S. Midwest. They’re further evidence that the Earth’s climate is changing, bringing hotter temperatures, stronger storms and more widespread destruction.Though Delta has weakened to …read more […]

I’ll make no bones about it: I’m a fan of Robinhood. And I don’t mean just the legendary bow-and-arrow adventurer. I mean the trading platform that has caught major fire with traders the last few years. So, you could say this Robinhood app review is already coming from a place of bias since I’m already a devotee.
Nevertheless, I’m going to share with you all the reasons it’s a great app for trading stocks and some reasons why it may not the right choice for you. It certainly has some limitations, but on the whole, you may find it more than …read more […]

Boeing Co is overhauling its newly formed “Enterprise Operations” organization after just six months as it looks to cut costs and repair a crisis-weakened supply chain, according to internal memos and a person familiar with the strategy. The restructuring, which took effect on Friday, and other linked efforts like moving 787 assembly outside Washington state, are key pieces of Boeing’s broader strategy for surviving an industry-wide crisis fueled by the coronavirus downturn. Taken overall, Boeing’s steps to cut costs, while making factories more efficient in preparation for a rebound in the global jet market, are among the …read more […]

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Ines Ferre break down the market action for Tesla. …read more […]