Stock Pick

Category: Stock Market

  • Despite PPP aid, some small businesses are choosing to stay closed – here’s why

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  • Stock market news live updates: Moderna coronavirus vaccine fuels rally; Uber braces for new layoffs

    Stock market news live updates: Moderna coronavirus vaccine fuels rally; Uber braces for new layoffsStocks are looking to extend Friday's rally, with eyes on states relaxing coronavirus restrictions and a promising vaccine result.

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  • How Does The Supreme Cannabis Company, Inc. (TSE:FIRE) Affect Your Portfolio Volatility?

    How Does The Supreme Cannabis Company, Inc. (TSE:FIRE) Affect Your Portfolio Volatility?If you own shares in The Supreme Cannabis Company, Inc. (TSE:FIRE) then it's worth thinking about how it contributes…

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  • Google will likely be charged with antitrust lawsuits from DOJ

    Google will likely be charged with antitrust lawsuits from DOJThe Department of Justice is expected to file an antitrust lawsuit against Google for its digital advertising violations. Syracuse University College of Law Director Shubha Ghosh joins Yahoo Finance’s On The Move panel to discuss.

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  • Major markets move higher, but ‘the fed itself could run out of money’

    Major markets move higher, but 'the fed itself could run out of money'Stocks are moving higher Monday after Moderna announced that its vaccine trial produced COVID-19 antibodies in all participants. Meanwhile, Jerome Powell told CBS’s 60 minutes ‘we’re not out of ammunition by a long shot.’ However, James McDonald, Hercules Investments CEO, thinks otherwise, he joins Yahoo Finance to discuss.

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  • Trending ticker: Under Armour names El-Erian as Lead Independent Director

    Trending ticker: Under Armour names El-Erian as Lead Independent DirectorYahoo Finance’s Alexis Christoforous, Brian Sozzi, and Heidi Chung break down the market action for Under Armour.

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  • Hertz Names New CEO in Midst of Effort to Avoid Bankruptcy

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  • Disney Ramps Up Reopening Plans, With Disney Springs Set To Open This Week

    Disney Ramps Up Reopening Plans, With Disney Springs Set To Open This WeekOn Wednesday, May 20, Florida’s Disney Springs (DIS) will begin its initial reopening, Matt Simon, VP of Disney Springs, has announced. He called the move “a great first step in the phased reopening of Walt Disney World Resort.”“While our theme parks and resort hotels remain temporarily closed, the phased reopening of Disney Springs is a welcome milestone as we navigate through this unprecedented time together as responsibly as we can” Simon wrote.Based on government requirements, as well as guidance from health authorities and government agencies, DIS will implement several new health and safety measures at the outdoor shopping, dining, and entertainment complex.For instance, all guests 3 years and older, along with cast members will have to wear a face covering while visiting Disney Springs. Visitors will also be requested to undergo temperature screenings, and the number of guests will be limited during this initial phase.DIS also said that it has increased cleaning and disinfection in high-traffic areas and will introduce hand-washing stations with hand sanitizer.On May 27, three Disney-owned and -operated stores and venues will reopen, namely: World of Disney, D-Luxe Burger (mobile order) and the Marketplace Co-Op.Analysts have a cautiously optimistic outlook on DIS stock right now with a Moderate Buy consensus and a $121 average price target (11% upside potential). The stock has plunged 25% year-to-date. (See Disney stock analysis on TipRanks).“Disney’s 2Q-FY20 results and outlook highlighted the significant operating and financial disruption caused by the ongoing pandemic” writes RBC Capital’s Kutgun Maral.He has a hold rating on the stock and recently trimmed his price target from $110 to $108 (1% downside potential). “The acute pressures to theme parks, studio, and media networks limit earnings visibility or confidence that estimates have bottomed, as demonstrated by the company foregoing its next semi-annual dividend” he explained.“We continue to remain bullish on Disney’s strategic vision, quality of assets, and execution, but remain on the sidelines until there is greater clarity on the post- coronavirus world” the analyst concluded.Related News: Citron Research Accuses Peloton Stock Of Peddling Its Way To Stupidity Buffett’s Berkshire Shaves Off 84% Of Its Goldman Sachs Stake Saudi Arabia’s Sovereign Fund Snaps Up $7.7B Of US Stocks, Including Boeing and Facebook More recent articles from Smarter Analyst: * Apple To Reopen More Than 25 U.S. Stores This Week * Europe Could Conditionally Approve Gilead’s Remdesivir In Next Few Days * Ryanair Cuts Traffic Target By Almost 50% For Coming Year, Seeks To Reduce Boeing Plane Deliveries   * AstraZeneca Aiming For 30M UK Covid-19 Vaccine Doses By September

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  • Grim warnings from Powell and the Fed push rates on home loans to new low

    Grim warnings from Powell and the Fed push rates on home loans to new lowThe Fed chief's alarming coronavirus warning has sent mortgage rates even lower.

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  • Moderna reports positive early vaccine trial results

    Moderna reports positive early vaccine trial results Biotechnology company Moderna announced that its early-stage human trial for a coronavirus vaccine produced COVID-19 antibodies in all trail participants.

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