TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link
Read More »How Starbucks is using AI to fuel its growth, deepen customer relationships
Starbucks (SBUX) is creating a future in which artificial intelligence and digital technology will help the coffee giant fuel its growth. In an exclusive interview with Yahoo Finance Live this week, Starbucks COO and group president Roz Brewer described the tech-enabled future of the coffee chain’s growing drive-thru stores, including customizable menu boards that leverage A.I. to suggest beverage and food items based on factors such as the weather, time of day, store inventory, popularity,… Source link
Read More »Nike Q2 results top estimates as digital sales, growth in China help fuel recovery
TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link
Read More »China’s Oil Giant Eyes New Supertankers to Shrink Fuel Glut
(Bloomberg) — China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers usually reserved for crude oil. Unipec, the trading arm of China’s biggest oil refiner Sinopec Group, hired a newly-built very large crude carrier to load low-sulfur diesel in Asia for delivery to Europe. The vessel ordinarily would have sailed empty from its shipyard in Northeast Asia to the Middle East or West Africa, where it would pick up crude… Source link
Read More »Toyota recalls 5.84 million vehicles for fuel pump issue – Yahoo News
[unable to retrieve full-text content]Toyota recalls 5.84 million vehicles for fuel pump issue Yahoo News Source link
Read More »Oil giants lost billions as pandemic crushed demand for fuel
NEW YORK — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving, Texas-based oil producer brought in $32.6 billion in revenue, less than half of what it brought in at the same time last year. Chevron Corp. lost $8.27 billion during the quarter, a sharp contrast to the… Source link
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