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Business, Economy

“NFL’s Chiefs-Texans 2020 season-opener averaged 19.3 million viewers, down 12% from last year”

“The numbers are out, and the National Football League ratings for its 2020 Kickoff game Thursday attracted an average of 19.3 million viewers for the night, NBC Sports said on Friday. That’s about a 12% drop versus last year’s season… Continue Reading…

Stocks

“Samsung shares could rally over 40% to record highs on smartphone rebound and chips, analyst says”

“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…

Stocks

“Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 40%”

“Rackspace Technology (RXT)… Goldman Sachs analyst Heather Bellini, rated 5 stars at TipRanks, rates RXT shares a Buy with a price target of $38, implying an impressive 99% upside potential for the stock this year… Plains All American Pipeline (PAA)… Overall, Plains… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 7%; RBC Says ‘Buy’”

“Brookfield Property Partners (BPY)… …The regular quarterly dividend of 33 cents per share is next scheduled for payment at the end of September, but has already been declared. At this rate, the dividend annualizes to $1.32 with a stellar yield of… Continue Reading…

Stocks

“Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker”

“Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Shortly before the opening bell, Nikola shares… Continue Reading…

Stocks

“SMIC, China’s largest chipmaker, plunges 23%…”

“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…

Business

“E-Cigarette Maker Juul to Cut Staff by 50%, Exit More Markets”

“E-cigarette giant Juul Labs Inc. could cut more than half its workforce, according to a person familiar with the company’s plans, while it weighs exiting more European and Asian markets, further signs of the once high-flying company’s deteriorating fortunes. Juul… Continue Reading…

Stocks

“Buy General Electric at $6.50 Before It Jumps 150%”

“After a disappointing summer, General Electric (NYSE:GE) finally looks set to recover… The QSR scores have been quick to spot GE’s comeback. Over 60% of the firm’s revenues now come from its high-margin aviation and medical businesses. Its loss-making renewable energy segment… Continue Reading…

Stocks

“3 “Strong Buy” Dividend Stocks Yielding Over 6%”

“AGNC Investment (AGNC) …Shane puts an Overweight (i.e. Buy) rating on the shares, and his $17 price target implies a one-year upside of 20%. (To watch Shane’s track record, click here) Overall, with 6 Buy ratings and 1 Hold set in recent… Continue Reading…

Economy

“25% of U.S. malls are expected to shut within 5 years…”

“Another new report out this week from Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years, with the pandemic accelerating a demise that was already underway before the new virus emerged. … Continue Reading…