ValueAct Capital co-founder 58, Jeff Ubben, told the Financial Times that he is resigning from the investment fund he co-founded about two decades ago in San Francisco. “ ‘The finances are already done. Everyone has bought from everyone else with low-cost debt. Everyone has maximized their margin. They have bought …
Read More »Apple is 20% away from worth $ 2 billion
At least seven analysts have raised their price targets on Apple stock following the introduction of iOS 14 and several other new features. Some of them even raised their targets to $ 400 a share. That’s about 10% higher than Apple’s current share price. Apple (AAPL) The shares rose nearly …
Read More »Aurora Cannabis announces layoffs and closings of facilities
Cannabis Aurora (ACB) – Get report Shares rose Tuesday when the marijuana company announced it would lay off about 700 workers, close five production facilities and charge $ 60 million for the quarter ending June 30. Regarding the layoffs, Aurora said in a statement that there will be “an approximate …
Read More »Stock market today with Jim Cramer: buy Nvidia, not Intel
The Dow, S&P 500 and Nasdaq are active today after some mixed signals from the Trump administration were sent yesterday about the trade deal with China. Peter Navarro said the Chinese trade deal was essentially off the table, prompting Dow futures to drop yesterday. President Trump intervened yesterday to tweet …
Read More »Is Robinhood Making Money From Those Daily Trading Millennials? Okay, yes. That is the point.
As the twin black swans of the coronavirus pandemic and the historic collapse in oil prices rocked financial markets in early 2020, opportunities arose. So did the media narratives. One of the most popular: Bored youths, trapped at home with no access to sports, bars, or live entertainment, went into …
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