Tag Archives: Finance

NEW YORK – Today, Yahoo Finance, the leading business and financial news brand, announced Moomoo Inc., a financial brokerage and wealth management platform, as the Title Sponsor of the 2021 Berkshire Hathaway Shareholders Meeting live stream event. Yahoo Finance will return, for the sixth consecutive year, as the exclusive live stream host of the meeting on Saturday, May 1st beginning at 12:30pm ET. Watch the live stream here: https://finance.yahoo.com/brklivestream. Berkshire Hathaway’s… Source link

TipRanks These 2 Penny Stocks Could Rally Over 100%, Says Oppenheimer Speaking of economic opportunity, and the general benefits of wide-ranging growth, President John Kennedy once said, “A rising tide lifts all boats.” As the COVID crisis fades, and economic activity starts returning to normal, we may be seeing just such a situation. The corporate earnings season, which is underway now, is clobbering expectations for the first quarter of 2021. We’ve seen reports from 121 S&P-listed… Source link

Bloomberg SoftBank Nears End of $23 Billion Buyback, Imperiling Rally (Bloomberg) — Masayoshi Son has run almost all the way through $23 billion allocated to buy back SoftBank Group Corp. shares, raising concerns that his stock’s bull run will end without rapid intervention.The Tokyo-based company purchased more than $20 billion worth of its own shares over the past year through March, according to SoftBank filings, an unprecedented effort that more than doubled the value of the stock. Now,… Source link

Bloomberg Saudis in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia’s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast an economic rebound after the coronavirus pandemic.The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to lock in customer demand for the country’s crude, Crown… Source link

Bloomberg Oil Crown Jewels No Longer Off Limits in Mideast Amid Deal Surge (Bloomberg) — Time was when the Middle East’s petrostates recoiled from using their crown jewels to raise money from foreign investors.Not any more. In the space of a few weeks, Saudi Arabia, the United Arab Emirates, Qatar, Oman and Kuwait have all accelerated multi-billion-dollar plans to sell energy assets or issue bonds off the back of them. Capping that trend, Saudi Crown Prince Mohammed bin Salman said Tuesday… Source link

Bloomberg Saudi Arabia in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia’s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast a rebounding economy in the aftermath of the coronavirus pandemic.The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to lock in customer demand for the… Source link

The New York Times After Nearly a Year of Unrest, Portland Leaders Pursue a Crackdown PORTLAND, Ore. — After the protests have concluded, sometimes in the early morning hours, Margaret Carter finds herself climbing into her gray Toyota Camry and cruising the streets of Portland so she can see the latest damage for herself. Carter, 85, has been downtown to the Oregon Historical Society, where demonstrators have twice smashed out the windows, recently scrawling “No More History” on the… Source link

TipRanks Raymond James: These 3 Stocks Have Over 100% Upside on the Horizon We’re now in the heart of earnings season, and investors are paying close attention as companies report their financial results from the first quarter of 2021. It’s a routine, in some ways, but in others, there has never been an earnings season quite like this. It’s the first one post-pandemic, but perhaps more importantly, the results are coming out during a time of nearly unprecedented government stimulus… Source link

Bloomberg Copper Surges Toward $10,000 as Bulls Bet on Global Rebound (Bloomberg) — Copper’s stunning rally toward all-time highs above $10,000 is accelerating, with bulls swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.Copper on Tuesday extended gains to the highest in a decade as global growth underpinned a rally in metals markets ranging from aluminum to iron ore. Commodities are advancing toward the highs of the… Source link

Bloomberg Traders Reach Crucial Moment in Timing of Fed Rate-Hike Cycle (Bloomberg) — For rates traders fixated on where the Federal Reserve is going with policy in the next few years, a key number is 99.That’s basically the price where eurodollar futures expiring in December 2023 have been stuck for more than a week. And that means markets have calmed significantly since the feverish early-April bets that policy makers were going to get dragged into a more hawkish stance.Markets look… Source link