Month: October 2020

(Bloomberg) — Apollo Global Management Inc. co-founder Leon Black expressed his regret at being involved with Jeffrey Epstein in a letter to the firm’s investors.Black reiterated that he had turned to Epstein for financial matters such as taxes, estate planning and philanthropy, after a New York Times report about the billionaire’s relationship with Epstein, who died in jail after his arrest on federal sex-trafficking charges.“With the benefit of hindsight — and knowing everything that has come to light about Mr. Epstein’s despicable conduct more than 15 years ago — I deeply regret having had any involvement with him,” Black said …read more […]

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]

Lines drawn in the sand in Washington D.C. are holding the next stimulus package hostage, but what does this mean for Wall Street? Despite the stalemate on Capitol Hill, the S&P 500 has rallied 9.5% from a recent low on September 23 on the back of strong economic data.Against this backdrop, investors and economists are starting to wonder if the better-than-expected recent economic data suggests that earlier stimulus packages will be enough to support the economy as we move towards a post-COVID world.Oppenheimer’s Chief Investment Strategist John Stoltzfus points out that “for all the elevation of uncertainty that has come …read more […]

We can readily understand why investors are attracted to unprofitable companies. Indeed, Cassava Sciences… …read more […]

Yahoo Finance’s Dan Howley joins Akiko Fujita to break down what to expect from Apple’s upcoming iPhone event. …read more […]

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David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the… …read more […]

Zero Motorcycles CEO Sam Paschel joins Yahoo Finance to discuss the future for the electric rival to Harley-Davidson. …read more […]

Today we’re going to take a look at the well-established QUALCOMM Incorporated (NASDAQ:QCOM). The company’s stock led… …read more […]

Yahoo Finance’s On the Move panel discuss what to look for Apple’s iphone event and Amazon’s 2020 Prime Day.
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We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we’d be… …read more […]

Get ready for an intense holiday shopping season, argues one veteran retail CEO. …read more […]

Every investor in Sunrun Inc. (NASDAQ:RUN) should be aware of the most powerful shareholder groups. Insiders often own… …read more […]

(Bloomberg) — Prospects for a quick end to the stalemate over a new stimulus faded Monday with members of the House being told not to expect any action this week and many Senate Republicans rejecting the White House proposal for a deal.President Donald Trump, well behind Democrat Joe Biden in every recent poll, again attempted to prod negotiations by urging the GOP by tweet to cut short confirmation hearings for his Supreme Court nominee, Judge Amy Coney Barrett, to focus on bolstering the economy.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected to talk more this week as …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]