When it comes to holding stock for the next 50 years, I’m looking for a company with a strong brand, a favorite that is an important part of consumers’ lives. The company may be fine today. Or, the company may have been in trouble recently after many years of success. …
Read More »The eurozone’s GDP contracts at the fastest rate in history, losing 12.1% in the second quarter
Reuters Eurozone GDP fell 12.1% in the second quarter, its biggest decline in history. This is significantly higher than the contraction of the Eurozone GDP of 3.6% from 3.6% Spain was the most affected country, with a decrease of 18.5% compared to the previous quarter. The European Union closed a …
Read More »Europe is building the next Tesla. Who knows?
(Bloomberg Opinion) – When Nikola Corp. went public on Nasdaq in June, the Phoenix-based clean transportation company quickly rose to a valuation of nearly $ 30 billion. Since then, its market value has dropped to a more reasonable $ 10.5 billion, but that is still spicy enough for a company …
Read More »Second wave of US virus hits plateau, but few experts celebrate :: WRAL.com
By MIKE STOBBE and NICKY FORSTER, Associated Press NEW YORK – While deaths from coronavirus in the US are increasing rapidly, public health experts are seeing good news: The second wave of confirmed cases appears to be stabilizing. Scientists do not celebrate in any way, warning that the trend is …
Read More »Here’s why you should ditch your Kodak stocks right away
Kodak shares have soared more than 1,000% in the past two days after announcing a turn toward drug manufacturing. The company received a $ 765 million loan from the government to help regain the drug supply to the United States. This situation looks like a bomb and a landfill, and …
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