November 6, 2020
“The U.S. wireless carrier said its total service revenues increased year-over-year to $14.1 billion in Q3 2020 and total revenues increased year-over-year to $19.3 billion in Q3 2020, driven by the Sprint merger and continued customer growth. That was higher… Continue Reading…
October 27, 2020
I never thought about short selling in this way because I don’t short sell. This idea just hit me which seems so obvious that everybody that uses it will benefit when short selling. You know all those “bad companies” that… Continue Reading…
October 26, 2020
“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…
January 1, 2021
“Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million. This represents about 1% of Square’s total assets as of the end of the second quarter of 2020… The price of the digital currency has risen to around $10,724 from $7,100… Continue Reading…
October 6, 2020
“ConocoPhillips (COP)… Overall, the Strong Buy consensus rating on COP shares is based on 13 reviews, including 11 Buys and 2 Holds. The stock sells for $33.90 and has an average price target of $48.08, in line with Gresh’s… Baker… Continue Reading…
October 4, 2020
“The firm’s monthly private-sector jobs count showed growth of 749,000, ahead of the 600,000 expected from a Dow Jones economist survey… The ADP results are “incrementally positive” for the jobs outlook, said Goldman Sachs, which estimates nonfarm payroll growth of… Continue Reading…
September 21, 2020
“Microsoft announced Monday that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda, for $7.5 billion in cash. It’s one of the most notable video game acquisitions in Microsoft’s history. The company bought Mojang, the studio behind Minecraft, for… Continue Reading…
September 7, 2020
“GUANGZHOU, China — Shares of Semiconductor Manufacturing International Corp (SMIC), China’s biggest contract chipmaker, plunged over 23% on Monday, after the U.S. government said it was considering putting export restrictions on the company. The firm’s Hong Kong-listed shares plummeted by 22.88% to… Continue Reading…
September 7, 2020
“Samsung Electronics Co. won a 7.9 trillion won ($6.6 billion) order to provide fifth-generation wireless solutions to Verizon Communications Inc. in the U.S., a big win for the electronics giant’s networking gear business. The contract was finalized Friday and is… Continue Reading…
September 5, 2020
“Shares of DraftKings rose 8% on Wednesday after the company said Michael Jordan is joining the betting company as a special advisor to the board of directors. Jordan, a member of the National Basketball Association Hall of Fame, will have an equity… Continue Reading…
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