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Among companies that advertised during the big game, these generated the highest positive social media activity as measured by LikeFolio.
Greg Migliore, editor-in-chief of Autoblog, believes it'd be a 'brilliant move' for Volkswagen to really look at buying Tesla and it will give it a 'critical edge'.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China will follow through with retaliatory measures announced Friday and fight the trade war to the end, in the face of the U.S.’s failure to keep its promises, the state-run People’s Daily wrote in a Saturday editorial.Later, the influential Chinese journalist Hu Xijin said on Twitter that the U.S. is “starting to lose China.”On Friday, Beijing unveiled plans to impose additional tariffs on $75 billion of U.S. goods, including soybeans, automobiles and oil. The nation will “walk the talk” in implementing its third round of retaliatory measures, according to the newspaper.China has been forced into countermeasures by U.S. unilateralism and trade protectionism, the paper said, adding that Washington has been erratic in imposing tariffs on China and has shown “amnesia” in honoring its promises.Trade tensions between the two nations escalated on Friday after President Donald Trump said he’s raising tariffs on Chinese imports in response to the measures announced by Beijing. Anticipation of Trump’s actions, which were foreshadowed by a series of angry tweets, sent global stock markets reeling.Tariffs RisingExisting U.S. duties on $250 billion of Chinese imports will rise to 30% from 25% on Oct. 1, while a planned 10% tariff on a further $300 billion in Chinese goods will jump to 15%, starting with the first tranche on Sept. 1, Trump said in tweets Friday.Hu, editor-in-chief of the Global Times, a tabloid newspaper controlled by China’s ruling Communist Party, accurately predicted the timing of China’s retaliatory tariffs on Friday.On Saturday, he said China “has ‘lost’ the U.S. already,” citing high tariffs, the ban on telecoms company Huawei Technologies Co. Ltd., political hostility, and actions toward Hong Kong and Taiwan. “We’re facing a completely different United States. We have nothing more to lose, while the US is just starting to lose China,” Xu said.While the Global Times doesn’t necessarily reflect the view of Chinese leaders, Hu has said the paper voices opinions that official sources can’t.Hu earlier tweeted that if U.S. automakers heed Trump’s Friday call for “major American companies” to desert China, they would be giving up the market to Japanese and German brands. “Go back to the US, let each American family have 20 cars,” he tweeted, followed by a smiley face.To contact Bloomberg News staff for this story: Evelyn Yu in Shanghai at firstname.lastname@example.orgTo contact the editors responsible for this story: Sam Mamudi at email@example.com, Ros Krasny, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Ford's recent acquisition could be just what the doctor ordered to attract the future talent it needs as the auto industry rapidly evolves.
T-Mobile (TMUS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
California Public Employees’ Retirement System, which managed $380 billion in assets as of Friday, made some big changes in its domestic stock portfolio in the second quarter. Calpers, as the pension is known, bulked up on (KO) (ticker: KO), (PEP) (PEP), and (MCD) stock (MCD) in the second quarter. Calpers made the disclosures in a form it filed with the Securities and Exchange Commission.
Today we're going to take a look at the well-established Anheuser-Busch InBev SA/NV (EBR:ABI). The company's stock saw...
The global economic outlook continues to be a blurry picture with President Trump ordering US companies to search for alternatives to China, and Fed chairman Jerome Powell pledging to act appropriately to sustain the economic expansion.
It was a Rorschach test of sorts, in that investors read what they wanted into comments made by Federal Reserve Chairman Jerome Powell today in Jackson Hole, Wyoming. Then President Donald Trump responded.Powell said there is no "rulebook" for a trade war and promised that the Fed would "act as appropriate to sustain the expansion."InvestorPlace - Stock Market News, Stock Advice & Trading TipsTrump, dissatisfied with a lack of stimulative action, tweeted "the Fed did NOTHING," and then followed that tweet with another, saying "Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing […] your companies HOME and making your products in the USA."The meaning and nature of the message wasn't entirely clear, but investors saw the glass as half empty rather than half full. By the time the closing bell rang, the S&P 500 was down to the tune of 2.6%. The Dow Jones Industrial Average fell 2.4%, while the NASDAQ Composite ended the day down 3.0%.Bond prices advanced on Friday, partly as a result of investors seeking safety that stocks can't offer, and partly because at least enough investors suspect another rate cut may be looming. While Powell said little on the matter, the market interpreted his wording and Trump's follow-up as a clue that rates may be moving lower in the foreseeable future.September's Federal Open Market Committee meeting is a regularly scheduled opportunity to change the Fed Funds Rate. Top News in the Stock Market TodayPresuming the trade war being fought between China and the United States in indeed escalating, all companies will be impacted. None may be as hard hit as auto makers like Tesla (NASDAQ:TSLA) and Ford Motor (NYSE:F), however. That's because both still deliver large numbers of vehicles from the U.S. to China, and now face a reinstituted tariff of 25%. General Motors (NYSE:GM) is also a popular brand in China, but with much of its manufacturing for the market being done there, it's able to circumvent the expensive import duties. * 10 Undervalued Stocks With Breakout Potential Still, GM shares were pressured all the same, as Trump also encouraged companies with manufacturing operations in China to relocate that production elsewhere.VMware (NYSE:VMW) Chief Executive Officer Patrick Gelsinger described the cybersecurity market as "broken" Thursday evening, as a prelude to news that it would be simultaneously acquiring Carbon Black (NASDAQ:CBLK) and Pivotal Software (NYSE:PVTL). "The acquisitions announced today will advance our goal of offering more comprehensive and trusted cloud-agnostic solutions," explained Gelsinger.Shareholders aren't quite as convinced the $4.8 billion VMware is laying out for the two companies is money well spent, however. VMW stock fell almost 10% on the news.A long nightmare for Boeing (NYSE:BA) could be ending soon, according to reports from The Seattle Times. The newspaper's website suggested Thursday evening that the beleaguered 737 MAX could be re-certified by the Federal Aviation Administration within the next few weeks. The plane was grounded in the United States, and elsewhere, after a couple of fatal crashes were linked to a safety system that caused confusion for pilots. The solution, however, is a relatively easy recoding of the software that operates the system.The news didn't boost BA stock much, though it did keep it out of the red on a day most other names were losing a lot of ground. Big MoversFoot Locker (NYSE:FL), already losing ground since rolling over in April, lost another 19% on Friday after reporting sales and earnings that fell short of expectations. Operating income of 66 cents per share missed estimates of 67 cents, and were down nearly a dime from year-ago numbers. Sales of $1.77 billion were also down a bit year-over-year, but more than that, came up short of the $1.82 billion analysts had modeled.Friday was a particularly poor day for toy maker stocks Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT), although for different reasons, neither of which was earnings-related.HAS stock ended the day lower by 10% after the company announced it would be acquiring Entertainment One -- the name behind "Peppa Pig," and others -- for $4 billion. Though Entertainment One's lineup is marketable, investors aren't sure this is the right step at the right time for the struggling company, which makes "Star Wars," "Transformers" and "My Little Pony" toys.Mattel, which owns Barbie and Hot Wheels just to name a few, saw its stock slump 7% largely because Hasbro's deal to buy Entertainment One makes it very unlikely it would also be looking to acquire Mattel as well. Some investors were hoping, and even expecting, the two lethargic names in the toy business to team up as a means of propping one another up.Increasingly strained trade ties with China isn't good news for either toy company either.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Stock Market Today: Trump's Tweets Rattle Investors, Foot Locker Trips appeared first on InvestorPlace.
Today, the S&P; 500 Index opened 0.5% lower amid reports that China would impose tariffs on $75 billion of US goods—intensifying the US-China trade war.
Honda Motor Co.’s newest safety advancement aims to reduce brain injuries in crashes. Raymond-based Honda R&D America has announced the release of its next-generation passenger-side airbag, which will be part of vehicles starting in 2020. Instead of a single inflatable compartment, the newly created airbag has three inflatable chambers — a center chamber flanked with larger compartments on the right and left that are connected with a “sail” panel.
As bond yields slip, we searched using the Zacks Stock Screener for large-cap technology firms that also pay a dividend. Here are 3 of the strong tech stocks that came through our screen this morning...
Member of the Procter & gamble executive leadership team saw compensation rise significantly along with improved performance by the company and its stock.
President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States instead, sending U.S. markets down sharply in a new rhetorical strike at Beijing as trade tensions mounted. Trump cannot legally compel U.S. companies to abandon China immediately.
Harley-Davidson's (HOG) 2020 model lineup including LiveWire, Low Rider S and CVO Tri Glide is in sync with the "More Roads to Harley-Davidson" growth plan.
Optimism about T-Mobile (TMUS) and Sprint’s (S) merger going through pushed the stocks up this year. However, Sprint has lagged in the long term.
There was a time when Tesla (NASDAQ:TSLA) stock was a shining star on Wall Street, and Tesla CEO Elon Musk could do no wrong. This has all changed in the last 12 months. The pool of fans for both has dwindled in size.Source: franz12 / Shutterstock.com This a self-inflicted wound as the TSLA leader played chicken with legislators on social media and it landed him in court. As innovative as he is, Musk's shenanigans were jaw-dropping.The consequences hit TSLA stock hard. Year-to-date, it's down 33% while the S&P 500 is up almost 20%. The TSLA stock bulls are no longer buying the dips with conviction like the olden days.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks to Buy on the Dip On Thursday, a rumor broke out that Volkswagen CEO was looking to buy a stake in TSLA. This turned out to be fake news, but it helped some of the headline pop. And therein lies an opportunity as this is a trade-able event. TSLA Stock Pop's Thanks to RumorToday's thesis is that as bad as Tesla stock performance has been, the mere existence of the rumor places a bid below the stock. Simply stated, if Tesla stock falls low enough, someone will buy it.Consider the theoretical scenario where Tesla drops well below $200, there will be big money looking to buy the company. The hope exists now and where there is rumor this is truth in-the-making. The fact that Thursday's pop held suggests that there are believers still.The accomplishments of Elon Musk are undeniable. But he needs to hand TSLA over to more competent operators so they can take it to the next level. The least he could do is hire better help to do it on his watch.This is nothing against TSLA, in fact it's a testament to what they've accomplished so far and the potential that the company still has. In the right hands, Tesla could blossom into a formidable global competitor to the current major auto manufacturers.General Motors (NYSE:GM) and most other majors, are making a serious push into the electric market. They are on Tesla's heels, so the window of opportunity is closing. Being the first mover gave Tesla an advantage, but the longer they take to get their act together, the easier it will be for the majors to catch up and stifle them. Trade the TSLA Stock Rumor With CertaintyI am not a fan of buying the shares and hoping that Mr. Musk comes through. But I could take a bullish trade that requires no hopium. I can sell downside risk 30% below current price and generate income for what others fear.For example, I can sell the March 2020 Tesla $140 put and collect $9 to open. This way I don't even need a rally to profit. As long as Tesla stock stays above $140 between now and next march, I retain maximum games. Otherwise I own the shares and break even at $131.Alternatively and to limit the downside risk, I can sell a spread instead. This way the maximum exposure becomes finite and equal to the width of the spread minus what I collect to open it. Bottom Line on Tesla StockThis trade setup is not entirely dependent on the buyout rumors. TSLA stock has intrinsic value to count on. Even though they are still not profitable, the stock sells at only 1.8 times sales. From that perspective it's not bloated. Low rates for long also helps its operations remain well-funded.This strategy works well when volatility is high. And since the overall markets are still nervous about the Federal Reserve actions, geopolitical headline risk, and Tesla-specific uncertainties, the put premiums are higher than normal. They are ripe for selling.This wan, if and when the CBOE Volatility Index (VIX) reverts closer to normal levels near $13.5, this trade becomes profitable without any price movement at all. Nevertheless, these are uncertain times and I don't sell naked puts unless I am willing and able to own the shares. And I never risk more than I can afford to lose.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Trade the TSLA Stock Rumor With Confidence appeared first on InvestorPlace.
The move seems to be a major step in a synchronized attack on this perennial problem, as the Congress and the FCC have also embarked on decisive actions to curb unsolicited calls.
The turbulence created by a slowing economy and inversion in yield curve has forced investors to look for safe stocks. These five stocks are sure winners.
Anheuser-Busch hasn't made a qualifying offer for the remaining shares of Craft Brew Alliance Inc. and will instead make an incentive payment of $20 million, Craft Brew said Friday. The action comes as the deadline for a qualifying offer, as indicated by the 2016 International Distribution Agreement, expires. Craft Brew's portfolio of brands includes Red Hook Brewery, Kona Brewing Co. and Square Mile Cider Co. "While disappointing, with this decision made, management can turn its attention to refining strategic alternatives to maximize shareholder value," said Craft Brew Chief Executive Andy Thomas in a statement. Creft Brew will host a call on September 5 to discuss its go-forward strategy. Craft Brew stock slipped 4.3% in Friday premarket trading, and is down nearly 33% over the past year. Anheuser-Busch InBev S.A. edged up 0.4% in premarket but has fallen 2.3% over the last 12 months. And the S&P 500 index has gained 2.3% for the past year.
[Editor's note: This story was previously published in April 2018. It has since been updated and republished.]First, let's get something straight. The definition of penny stocks is entirely subjective. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. Therefore, before I answer the question of whether you can make money in penny stocks, I'm going to explain what I believe is the best definition of a penny stock. From there, I'll tackle the five rules investors should follow to be successful in trading penny stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Definition: Merriam-Webster defines penny stock as "a usually unlisted highly speculative stock usually selling for a dollar or less." Hence, the penny-stock moniker. Others are more liberal in their interpretation of what constitutes a penny stock.The Successful Investor, an investment newsletter publisher I do some work for here in Canada, suggests the ceiling price can go as high as $5. * 7 Retail Stocks to Buy on the Dip Here's what the SEC has to say about penny stocks:"The term 'penny stock' generally refers to a security issued by a very small company that trades at less than $5 per share," states the SEC website. "Penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board; penny stocks may, however, also trade on securities exchanges, including foreign securities exchanges."So, I've got reputable sources from both the U.S. and Canada who accurately define what penny stocks are, including the price at which they trade.At $5 or less, I do believe you can make money in stocks, but it helps if you follow these five simple rules.For every success story like Monster Beverage (NASDAQ:MNST), which traded below $5 as recently as 2006, there are hundreds of penny stock failures littered along the investment highway. * The Elite 8 Stocks to Buy for Massive Outperformance Treat penny stocks just as you would any other publicly traded investment, and your chances for success increase exponentially. Tip 1: Buy Companies With Strong Balance SheetsSource: Shutterstock Like any equity investment, it's important that you establish the financial strength of the company. When I look for stocks to invest in whether the share price is $5 or $500, I focus on companies with strong balance sheets. Although no debt is desirable when interest rates are rising, it's not very practical. This is especially true when it comes to penny stocks, many of which are still in the early stages of development. Here are two rules:1\. Only invest in companies whose long-term debt (LTD) is 50% of shareholder equity or less. If a company has $1 million in debt, its shareholder equity should be at least $2 million. 2\. Try to keep your penny-stock bets to those companies whose LTD is less than its market cap; the lower, the better. Tip 2: Buy Profitable CompaniesSource: (C)iStock.com/graphicnoi As with any equity investment, it's important that you limit your investments to profitable businesses. There are two schools of thought on this. On the one hand, investing in publicly-traded companies, whether they're penny stocks or not, provides you with greater liquidity than private investments. Therefore, the ability to exit quicker justifies the higher risk many in this arena are willing to accept to generate outsize future gains. On the other hand, private investments have longer holding periods built into them -- often 3-5 years or more -- which means investors aren't nearly as concerned about profitability as they are with growth. * 10 Marijuana Stocks That Could See 100% Gains, If Not More It really comes down to your ability to handle uncertainty. For me, I'm always looking for companies making money in the here and now. Anything less is called speculation, and while there's nothing wrong with this approach, it's not something novice investors ought to consider. Tip 3: Understand the BusinessSource: Shutterstock Like any equity investment, it's important that you understand the businesses you invest in. There's a saying that if you can't explain what a company's business does in a sentence or two, you probably shouldn't be investing.Imagine you're explaining the investment to your child who attends elementary school. It's easy to describe what Coca-Cola (NYSE:KO) does: it makes soda pop. It's not nearly as simple to describe what business Bio-Techne (NASDAQ:TECH) is in.At least it's not for me. Stick to what you know and understand. That's especially true with penny stocks with smaller market caps. Tip 4: Diversify Source: Simon Cunningham via FlickrLike any equity investment, it's important that you diversify your penny stocks. How many penny stocks should you own? That's the million-dollar question, no matter how big or small the investment. Some professional investors believe you've got to have a concentrated portfolio of your best ideas -- say 10 to 20 -- while others think you should spread your bets far wider over 100 stocks or more. It's a subjective answer for sure. * 10 Undervalued Stocks With Breakout Potential What I do know is that you want to be in at least three or four sectors of the economy that generally are healthy and growing.Since the risk/reward ratio of penny stocks can be significantly higher than that of large-cap stocks such as Coca-Cola, it's far more important to diversify your investments. Tip 5: Risk What You Can Afford to LoseSource: Shutterstock Like any equity investment, it's important that you understand there are no guarantees and that you're risking the money you can afford to lose.If your child's going off to university in a couple of years and the funds you've allocated for investing will pay his or her tuition, you might want to keep your funds parked in something more stable.As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately The post 5 Tips for Making Money in Penny Stocks appeared first on InvestorPlace.
KIPP Metro Atlanta Schools is going through a rapid growth period. Already it is the largest charter school operator in the state of Georgia. It currently has a $16 million capital campaign to improve its KIPP Atlanta Collegiate high school and the new KIPP Soul campus.