Stock futures traded higher Thursday evening as investors continued to mull chances of a virus-relief package amid mixed signals from officials as to what size of a proposal they might support. …read more […]
The so-called F.A.A.M.G. stocks have been the target of Washington DC’s ire all year. But Microsoft – no stranger to Congressional inquiries in years past – has largely managed to escape the glare. …read more […]
WAKEFIELD, Mass., Oct. …read more […]
(Bloomberg) — Oil climbed to the highest in more than a month as Hurricane Delta forces operators to shut in nearly 92% of crude output in the Gulf of Mexico.Futures in New York rose 3.1% as Gulf of Mexico producers shut in 1.7 million barrels a day of production ahead of Delta, which is forecast to slam into the already battered Louisiana coast on Friday as a Category 2 hurricane. Prices also gained as an oil-workers strike in Norway threatens almost a quarter of its output. Meanwhile, some members of OPEC+ may be reconsidering plans to boost output in the …read more […]
On Thursday, House Speaker Nancy Pelosi went on record to say that there would be no standalone bill for airlines if there was not going to be larger coronavirus stimulus. Yahoo Finance’s Jess Smith joins The Final Round panel to discuss the latest happenings down in Washington D.C. …read more […]
IBM is splitting itself into two public companies in an effort to focus more on cloud growth. Yahoo Finance’s Dan Howley joins Kristin Myers to discuss. …read more […]
Once again, volatility is the name of the game. Dramatic headlines involving mixed economic data, President Trump’s COVID-19 hospitalization and the reversal of his previous decision to halt talks regarding the next fiscal stimulus bill have been met with equally dramatic market swings. Since the month kicked off, stocks have been violently jumping between the red and the green.Further complicating matters, the tight race to the White House and new lockdowns in parts of the U.S. are only adding more uncertainty to the mix.All of this is enough to make even Wall Street veterans nervous. So, in times like these, …read more […]
Boeing Co is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar with the matter said. The talks are part of a series of negotiations between Boeing and several airlines over jet orders or compensation after the 737 MAX was banned worldwide following two fatal crashes. Boeing and Alaska Airlines, which is part of Alaska Air Group Inc , declined to comment. …read more […]
2020 has been a roller-coaster year.
After collapsing into a full-blown bear market back in March, the S&P 500 has bounced back strongly.
Still, the world’s most watched index is up a mere 5% for the year.
In contrast, several investment strategies have crushed the overall market.
And they have done so consistently over the years.
There are plenty of reasons to think they will continue to do so.
Let me explain…
The Fall of the Human Portfolio Manager
Seasoned investors will recall the days when portfolio managers were treated like rock stars.
Their pictures regularly graced the covers of Fortune and Money magazines.
The Fidelity Magellan Fund was synonymous …read more […]
(Bloomberg Opinion) — Even after International Business Machines Corp.’s blockbuster $34 billion acquisition of whiz kid Red Hat last year, the company has struggled to change its image from a stodgy technology firm to a cutting-edge player in cloud-computing and software. Now a bit of financial engineering may help.Early Thursday, IBM announced plans to spin off its managed infrastructure-services business, which accounts for roughly a quarter of its revenue, by the end of 2021. It will be a significant business model shift: After the transaction, the company’s services segment will move from a majority to a minority of its …read more […]
Andaz Private Investments recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 14.6% in the first nine months of 2020, outperforming the S&P 500 Index which returned 6.5% in the same period. You should check out Andaz Private Investments top 5 stock picks […] …read more […]
Yahoo Finance’s On the Move panel discuss today’s Stocks on the Move: Carnival and Domino’s. …read more […]
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