Berkshire’s Rumored $5 Billion Trade Is Classic Warren Buffett
Based on SEC filings, Warren Buffett may have bought back $5 billion in Berkshire stock. That’s a classic Buffett move.
July 17, 2020 No Comments
Business News & Opinions
Our latest business news.
Macy’s Board Disgustingly Back-Slaps Execs After Slashing 3,900 Jobs
Macy’s management just cut 3,900 jobs. Shares have fallen 66% in a year. The board is rewarding the C-suite with a $9 million payday.
July 16, 2020 No Comments
Even Elon Musk’s Biggest Critic Has Given up Shorting Tesla
Elon Musk’s biggest critics are too scared to short Tesla stock. Will the momentum continue?
July 16, 2020 No Comments
Apple Burns Naysayers as It Beats Down EU and Nails Lockdown
Apple’s stock could be headed a lot higher in the near term. The company looks unstoppable after its latest tax win.
July 15, 2020 No Comments
Tesla Keeps Cutting Prices; Should Investors be Worried?
Tesla has been lowering the price of its electric vehicles for the past few months. For investors, this may be cause for concern.
July 14, 2020 No Comments
These 2 Key Metrics Suggest Tesla’s Stock Is Extremely Overheated
Tesla’s record surge is not backed by fundamentals. There are at least two reasons why the stock could top out very soon.
July 14, 2020 No Comments
This Dow Stock Is a Raging Buy Despite ‘Horror Movie’ Reopening: Analyst
Twitter compared Disney World’s reopening to a “horror movie,” but Goldman Sachs says the Dow Jones stock is a raging buy.
July 13, 2020 No Comments
3 Elon Musk Failures That Rivian Must Avoid as It Prepares to Battle Tesla
Rivian would be wise to avoid the mistakes and failures of Elon Musk as it prepares to take on Tesla with electric trucks and SUVs.
July 13, 2020 No Comments
Jeff Bezos Won’t Lose Sleep Over Amazon Prime’s Newest Competitor Walmart+
Walmart’s response to Amazon’s loyalty program is underwhelming. There are at least three reasons why Jeff Bezos shouldn’t feel threatened.
July 12, 2020 No Comments
What Elon Musk Needs to Do at Tesla to Maintain Top-10 Billionaire Position
Elon Musk has scaled the billionaire list swiftly over the past six months. He is now firmly within the top ten for the first time.
July 12, 2020 No Comments
Elon Musk’s $595 Million Payday Perfectly Encapsulates Today’s Insane Market
Elon Musk’s erratic behavior hasn’t scared off investors. Tesla’s epic surge has made him one of the richest men in the world.
July 11, 2020 No Comments
This Is Why Carnvial Cruise Is Drifting Dangerously Close to Bankruptcy
Carnival Corporation (NYSE: CCL) is at the mercy of a merciless global pandemic. It could be on the road to bankruptcy.
July 9, 2020 No Comments
3 Pernicious Industry Trends That Will Haunt Boeing Stock
Airlines around the globe are in a world of pain, and Boeing is bound to feel it. These industry trends will haunt Boeing stock for years.
July 9, 2020 No Comments
LOL-Crypto Dogecoin Joins 2020’s Insane FOMO Bandwagon
Dogecoin has spiked by over 100% in two days thanks to a viral TikTok challenge, yet the rally is basically a pump-and-dump scheme.
July 8, 2020 No Comments
Warren Buffett Is Making a Mistake Buying Dominion Energy’s Natural Gas Assets
Warren Buffett’s Berkshire Hathaway is doubling down on its investment in natural gas assets. Here’s why that’s a colossal mistake.
July 6, 2020 No Comments
Genius Brands Stock Is Cratering Because the Stan Lee Deal Is Hot Air
Genius Brands’ surprise announcement turned out to be a complete dud. Given the stock’s messy history, why is anyone shocked?
July 6, 2020 No Comments
Facebook’s Ad Boycott Organizers Are Wasting Time Meeting Mark Zuckerberg
Mark Zuckerberg only cares about boosting Facebook’s profits. Those seeking to boycott the platform shouldn’t waste their time meeting him.
July 5, 2020 No Comments
This Stat Will Make Facebook & Amazon’s Antitrust Hearing Insanely Awkward
Facebook, Amazon, Apple, and Google will face a grilling from Congress. One tech stock stat is going to make the hearing insanely awkward.
July 2, 2020 No Comments
United Airlines Will Take Biggest Hit From EU’s Travel Ban on Americans
The EU’s extended travel ban on American travelers will impact United Airlines more than any other carrier.
July 1, 2020 No Comments
Apple’s Surprising Request to Suppliers Is Bullish for the Stock
Apple’s latest request to suppliers suggests the iPhone maker is confident about a sharp rebound in consumer demand.
July 1, 2020 No Comments
Nikola’s Dismal Imitation of Tesla is Set to Fail
Nikola is opening Badger truck pre-orders before showing a demo product. Tesla unveiled a prototype of a competing product last year.
June 29, 2020 No Comments
Why Trump’s Reopening Won’t Save the Economy
President Trump says the economy is surging. But rich people don’t spend enough, and their lack of activity is taking a toll on the economy.
June 28, 2020 No Comments
Desperate Measures Won’t Save American Airlines
American Airlines has decided to prioritize revenues over passenger health – a decision that is unlikely to solve the carrier’s problems.
June 28, 2020 No Comments
Elon Musk Has Every Reason to Be Absolutely Terrified of Jeff Bezos’ Latest Purchase
Amazon’s latest acquisition did not go unnoticed by Elon Musk. The Tesla CEO took to Twitter to attack Jeff Bezos.
June 28, 2020 No Comments
Facebook Proves Once Again That Profits Trump Everything
The #StopTheHate4Profit campaign has taught us a lot about Facebook: The company is willing to change only cosmetically in pursuit of profit.
June 28, 2020 No Comments
Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater
Warren Buffett never managed to shake his tech stock phobia, and it’s causing his spot in the billionaire rankings to crater.
June 26, 2020 No Comments
Jeff Bezos Deserves Our Praise – the New Amazon Arena Proves It
Amazon’s new Climate Pledge Area is proof that Jeff Bezos is a gift to humanity, and we need to relax with all of the hatred.
June 25, 2020 No Comments
Jeff Bezos Is Now Ramping Up Plans to Crush Tesla
Jeff Bezos’ latest shot at Elon Musk involves giving Amazon access to the technology the future rivals of Tesla are working on.
June 24, 2020 No Comments
Tesla Cybertruck Pre-Orders Reach Nearly 700,000, But Don’t Get Too Excited
With a higher base price and lower reservation costs, Tesla’s Cybertruck could see a higher number of cancellations compared to Model 3.
June 23, 2020 No Comments
This Industry Could Propel Apple to Become First $2 Trillion Company in History
Will healthcare propel Apple to a $2 trillion market cap?
June 22, 2020 No Comments
American Airlines Fiasco Proves Warren Buffett Was Right to Exit Airline Stocks
American Airlines has announced a new financing initiative that will significantly dilute shareholder value. Warren Buffett was right to quit.
June 22, 2020 No Comments
Catastrophic Wirecard Failure Send Stock Plunging 60% in 30 Minutes
An ongoing investigation into Wirecard has revealed some stunning revelations about the German payment processor.
June 18, 2020 No Comments
Wall Street’s iPhone 12 5G Buzz Has Citi Calling a $400 Apple Share
Wall Street analysts have upgraded their price target on Apple stock ahead of the highly anticipated iPhone 12 launch.
June 16, 2020 No Comments
Trump Just Handed Warren Buffett a Bag With AmEx Entry to China
China just lifted a decades-long ban on foreign credit card companies by allowing American Express to do business in the country.
June 14, 2020 No Comments
Boeing Stock Rally Stalls as Deliveries Plunge to 60-Year Low
Boeing stock is due for a reckoning after growing 78% in a month despite losing money and not making or selling any airplanes.
June 10, 2020 No Comments
The Death of the American Shopping Mall Is Coming Sooner Than You Think
The mall has been losing ground for a long time. Now it’s faltering faster because of the pandemic, which accelerated the shift towards online shopping.
June 10, 2020 No Comments
You’ll Never Guess What Stock Just Became America’s 3rd-Largest Car Company
It’s called Nikola, and despite the stock’s massive $29 billion valuation, it’s never actually made a delivery. Not a single one.
June 9, 2020 No Comments
Amazon’s Rich Rally is Signalling Jeff Bezos as the $200 Billion Man
A jump in e-commerce this year has been great for Amazon shares. That trend, as well as the growth in AWS, looks likely to continue.
June 8, 2020 No Comments
7 Companies You Should Renounce If You Support Black Lives Matter
Corporations have been eager to declare their alliance with the Black Lives Matter movement, but which ones are legit?
June 7, 2020 66 Comments
The Real Reason Elon Musk Suddenly Sounds Like Bernie Sanders
Elon Musk is suddenly spouting Bernie Sanders talking points. But don’t be fooled into thinking he just became the world’s richest Bernie Bro.
June 5, 2020 No Comments
Retail Investors Continue Blindly Throwing Money Into Airlines
Retail investors continue to send airline shares higher. But a look behind the hype shows a sector still in deep distress.
June 5, 2020 No Comments
Economists Rush to Declare End to the Recession – Here’s Why They’re Wrong
As lockdowns are ending, the consensus is that the job market will quickly recover and the recession is over. Unfortunately, it’s too early to cheer.
June 4, 2020 No Comments
Why Mark Zuckerberg Is Bound to Crush the Facebook Employee Revolt
Facebook employees are agitating for change, but Mark Zuckerberg won’t bite.
June 4, 2020 No Comments
Target’s Stock Poised to Continue Rally Despite Rioting & Looting Across U.S.
Digital sales will help Target offset lost revenue because of the ongoing riots.
June 1, 2020 No Comments
Tesla Needs Democrats to Break Up Big Tech or Amazon Will Eat Its Lunch
Tesla’s biggest competitor isn’t any of its rival automakers, but Amazon.
May 31, 2020 No Comments
Costco Is Cooking Up a Batch of Post-Pandemic Free Food Samples
Costco is bring back free food samples in June. Despite lower foot traffic during the pandemic, the company beat earnings expectations.
May 29, 2020 No Comments
Elon Musk Is a Tech Bro Hero – Can He Woo Blue-Collar America Next?
Elon Musk has always been the unofficial leader of a tech bro cult. Will the Tesla Cybertruck help him woo blue-collar America next?
May 27, 2020 No Comments
Mark Zuckerberg Leaps Warren Buffett on Rich List as Facebook Creates More Divisive World
Mark Zuckerberg’s road to riches is paved with controversy. Facebook’s ‘divisive’ algorithm is one of them.
May 27, 2020 No Comments