Trade Ideas launched SCoRe (Stock Composite Rating) in 2018, and our subscribers have benefited a lot since then from this top growth stock identifying algorithm. Trade Ideas SCoRe is a proprietary formula that measures the strength of stocks based on their powerful analytics technology platform and fundamental analysis metrics. ToRead More →
In the race to develop a vaccine to stop the new coronavirus, this new coronavirus has killed more than one million people worldwide and paralyzed the entire world economy. We may have overlooked a very important question: if there is a new vaccine, would people actually want it? EvenRead More →
Since Americans tightened their belts during the coronavirus pandemic, total household debt has fallen quarterly for the first time since 2014. The Federal Reserve Bank of New York reported that total household debt fell by $34 billion in the second quarter, a decrease of 0.2%. This is the largest declineRead More →
© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Medha Singh (Reuters)-The U.S. stock market rose on Wednesday as data showed that the expansion of the service industry last month intensified optimism, which stemmed from Disney’s surprising quarterly profit and the optimistic performance of multipleRead More →
Dollar in focus. Getty Images A falling U.S. dollar is getting a lot of attention from stock-market investors, and according to the chart below from Wells Fargo Investment Institute, the focus isn’t misplaced. Wells Fargo Investment Institute The chart sums up how the stock market and a variety ofRead More →
© Reuters. The outbreak of the coronavirus disease (COVID-19) in Beverly Hills (Reuters) – Ralph Lauren Corp (N:) reported a bigger-than-expected 66% fall in quarterly revenue on Tuesday, as it struggled with the coronavirus-led closures of its outlets and department stores across the world. Shares of the New York-basedRead More →
Musicians have not taken kindly to comments made last week by Spotify Technology SA Chief Executive Daniel Ek that they need to work harder in the streaming age. The dramatic consumer shift in recent years from buying albums to listening to streaming music has crushed a major revenue streamRead More →
Microsoft Corp. has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter. The president’s statements spurred TikTok to make additional concessions, including agreeing to add as many as 10,000Read More →
© Reuters. One-Third of U.S. Restaurants Face Permanent Closure This Year (Bloomberg) — A new forecast projects that one in three U.S. restaurants may close permanently this year, showing how the Covid-19 pandemic is decimating an industry that employs millions of Americans. As many as 231,000 of the nation’sRead More →
Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.54% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04%Read More →
It’s increasingly likely that the Democrats will win the White House and the Senate. For investors, that means it’s time to review the environmental, social and governance (ESG) sector, with an emphasis on “green” stocks that might do well under a Joe Biden presidency. For key insights and stockRead More →
© Reuters. FILE PHOTO: A British Airways Boeing 747 is seen at the Heathrow Airport in London LONDON (Reuters) – British Airways faces strike action over its plans to cut jobs, pay and conditions, the BBC reported on Tuesday, piling more pressure on the airline which has been hardRead More →
“ ‘There are dislocations today that are as large as they were three months ago. ‘ ” — Boaz Weinstein That is Boaz Weinstein, the former star Deutsche Bank DB, -0.62% trader who now runs his own hedge-fund firm, Saba Capital Management explaining his investment outlook during the pandemicRead More →
People socializing less and working from home caused a slump in demand for personal care items like deodorant and makeup, consumer goods giant Unilever ULVR, +0.15% said on Thursday. The firm, which owns Dove soap and Axe deodorant, as well as hundreds of other brands, said lockdowns led toRead More →
By Christiana Sciaudone Investing.com — K12 (NYSE:) Inc. runs online public schools and, accordingly, business is booming. “The growth in enrollments that we’re seeing is shocking even to us,” Chief Executive Officer Nathaniel Davis said in a Zoom interview with Investing.com this week. Covid-19 stay-at-home mandates and school closuresRead More →
Intel Corp. CEO Bob Swan spent nearly an hour Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: Not making their own chips. Intel’s shares fell 18% Friday morning. Outsourcing is now the norm in this $400 billion industry, but for 50 yearsRead More →
The numbers: Initial jobless claims rose in the week ended July 18 for the first time since late March. New applications for unemployment benefits, a rough gauge of layoffs, rose by 109,000 to 1.42 million, the Labor Department said Thursday. The figures are seasonally adjusted. Economists polled by MarketWatchRead More →
Dow Inc. (DOW), the chemical industry titan, has just posted lackluster Q2 results, which were pummeled by pronounced softness in the global economy precipitated by the coronavirus pandemic. The company topped analysts’ revenue estimates but failed to live up to the expectations on loss per share, even considering theRead More →
United Airlines Holdings Inc. late Tuesday reported a billion-dollar quarterly loss, giving investors a look into financials thoroughly wrecked by the pandemic and the near standstill on air travel. United UAL, +2.28% said it lost $1.6 billion, or $5.79 a share, in the second quarter, contrasting with a profitRead More →
Silver has broken conclusively through several important levels of resistance in recent days and looks set for a potentially parabolic rise higher as we saw following the break of the $20 level a decade ago. There are a number of similarities to the late 2010 period, with Fed easingRead More →
Major U.S. stock indexes traded higher Monday afternoon, as investors look forward to quarterly results from corporations over the coming days. Investors also focused on positive developments from coronavirus vaccine candidates. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA rose 22 points, or 0.1%, to 26,694, reversingRead More →
After the bell on Monday, we received second quarter results from technology and service giant IBM (IBM). Expectations were not that high as you might expect, given both the coronavirus situation as well as the company’s recent negative reporting history. However, IBM announced a double beat that sent sharesRead More →
Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit.Read More →
Reuters. The spread of coronavirus disease (COVID-19) in New York City By Medha Singh and Devik Jain (Reuters) – Wall Street won Wednesday with the S&P 500 reaching its highest level in more than four months, following strong quarterly earnings from Goldman Sachs (NYSE:) and early promising data onRead More →
Reuters. FILE PHOTO: An Apple logo printed in 3D can be seen in front of an Irish flag in this illustration By Foo Yun Chee and Padraic Halpin BRUSSELS/DUBLIN (Reuters) – The dispute between Apple (NASDAQ:) and EU competition regulators intensifies Wednesday as Europe’s second-highest court rules on whetherRead More →
