Business

Wall Street firm predicts stock market would rally if Trump resigned

A Wall Street investment firm predicts the stock market would rally if President Trump steps down as president.  Raymond James acknowledged Trump's resignation is a "low probability event," CNN Business reported. But the firm said in...
Topics: CNN

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4 Key Numbers From Netflix's Q3 Earnings Report

Netflix (NASDAQ: NFLX) is going to see some tough quarters ahead -- that much is certain. But for now, let's take a look at how this longtime growth stock performed in its most recent quarter -- and what that means as investors consider what lies...
Topics: Netflix (NFLX), Nasdaq, US Equity Markets

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2 Top Stocks to Buy During a Market Downturn

Bear markets can be gut-wrenching. Watching your investments plummet in value and seeing your hard-earned money evaporate into thin air is not pleasant, to say the least.However, a select few stocks can help you not just protect your wealth during...

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3 Reasons Netflix Won't Raise Prices Again in 2020

Netflix (NASDAQ: NFLX) announced four price increases for its service within the 58 months from April 2014 to January 2019. Combined with continued subscriber growth, the price increases have led to phenomenal revenue growth for the streaming...
Topics: Netflix (NFLX), Nasdaq, US Equity Markets

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Walmart's Flipkart Investment May Have Already Grown 50%

Walmart (NYSE: WMT) bought a majority stake in leading Indian e-commerce company Flipkart last year for about $16 billion at a valuation of around $20 billion. Just over a year after closing the deal, Walmart may be about to make a major change to...
Topics: Wal-Mart Stores, Flipkart, US Equity Markets

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Oracle must decide quickly if Safra Catz really needs an exec to step up as her new co-CEO (ORCL)

Once Oracle and the tech industry finishes mourning the untimely death of Mark Hurd, the database giant has some big decisions to make. For the last several years, Oracle has successfully run under a triumvirate, with CEO Safra Catz running finance,...
Topics: Oracle (business)

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Estate Taxes Are Easy to Flee, but They Still Help States

New research shows that even if wealthy residents move away, the revenue at death from those who stay outweighs any loss in income taxes.
Topics: Taxes

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IBM's Weak Results Hide Its Growth Potential

At first glance, International Business Machines' (NYSE: IBM) third-quarter results looked disappointing, featuring declining revenue and shrinking earnings per share. But as has often been the case with the giant tech company, one-time items again...
Topics: IBM (IBM), US Equity Markets, Earnings Per Share

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Strong Cash Flows Allow Steel Dynamics to Continue Expanding

When investors think about buying shares in a steel company, the first thing to acknowledge is the cyclical nature of the business, and accordingly, how the stocks themselves will reflect those cycles.But once a decision is made to invest in the...

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Five Below's Esports Ambitions Could Mean the End of GameStop

For GameStop (NYSE: GME), nothing good can come of Five Below (NASDAQ: FIVE) entering the esports market. The tween and teen retailer announced it will be building a handful of new stores next year that are connected to Localhost gaming centers --...
Topics: US Equity Markets, Nasdaq

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Hong Kong Property Prices Plunge For 8 Straight Weeks

Hong Kong Property Prices Plunge For 8 Straight Weeks A new report from Centaline Property, a research firm providing private data on the property market in Hong Kong, has shown property prices are experiencing their worst downturns...
Topics: Hong Kong

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Sunday assorted links

1. “On average it takes a 30% increase in gdp to raise happiness by the amount that a year of war causes it to fall.”  (The Economist) 2. Larry Kotlikoff on Saez and Zucman (WSJ).  And Pearlstein on the same.  And John Cochrane on...

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How 2 Kentucky Colleges Are Making Tuition-Free Work

A handful of colleges around the country charge zero dollars for tuition. To make the math work, they build their budgets around the concept that they won't collect revenue from students.

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Elizabeth Warren Says She Will Release a Plan to Finance ‘Medicare for All’

Ms. Warren had been criticized for sidestepping questions about whether she would raise taxes on the middle class to help finance her “Medicare for all” plan.
Topics: Medicare, Taxes

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Turning 62 in 2020? Social Security Will Pay You Less.

Social Security  makes up a huge part of the income that most retirees get, and a key component of financial planning for those approaching retirement is making sure that they can receive as much in Social Security benefits as possible. Yet there's...
Topics: Social Security

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In a big reversal, Libra reportedly could peg its cryptocurrencies to national currencies

Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of...
Topics: Facebook, Social Media, Reuters

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Hotels: Occupancy Rate Decreased Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 12 OctoberThe U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 6-12 October 2019, according to data from STR.In...

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Di Moda Public Relations: Talented Account Executive

55K-70K depending on experience: Di Moda Public Relations: Di Moda Public Relations is seeking a mid-level A/E with experience in hospitality, travel and emerging industries. Santa Monica, California

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JPMorgan's Jamie Dimon dings Facebook's cryptocurrency Libra, saying it will never happen

JPMorgan CEO Jamie Dimon dinged Facebook's cryptocurrency Libra, saying it was a "neat idea" that won't happen. Facebook announced the currency in June, with the idea that people all over the world could use it to pay for services online. But...
Topics: J.P. Morgan Chase & Co., Facebook, Social Media

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Take a Break With a Discounted Reading Pillow and Weighted Blanket, Today Only

Linenspa Reading Pillow and Weighted Blanket Gold Box | AmazonRead more...
Topics: Gold

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