Thursday, May 16, 2024
One of the primary beneficiaries to the stay-at-home revolution brought on by COVID-19 is the video communication industry. In particular, Zoom Video Communication (ZM) has been on a tear in recent weeks as more and more people use the product for meetings, discussions, and chats. ZM was trading at new highs when Facebook (FB) announced […]
For over a month now, I’ve been providing you with predictions about who will come out on top of the new normal that is quickly being established by the novel coronavirus. I’ve told you about stay-at-home stocks, work-from-home stocks, and stocks that will benefit from an acceleration in the move to do business online. The […]
Shares of electric vehicle maker, Nio (NIO) have been under pressure. All on news China will cut subsidies on new energy vehicles, such as electric cars, by 10% this year. Under China’s new plan, it will also extend subsidies for buying NEVs to 2022, and tax exemptions on purchases for two years. NIO has also […]
The COVID-19 outbreak led to the unprecedented shutdown of a large swath of the global economy. Companies now face the challenges of reduced sales, revenues, and profits. This new reality has a more significant effect on dividend-paying stocks and the investors that own the shares. Companies that don’t pay dividends don’t have to think about […]
I recently interviewed Chuck Butler; what is going on and what can regular working-class people do to protect themselves financially? Mainstream Americans work hard to provide for their family and save money so they are not a burden on their family in their old age. It’s crime when government policies, using the excuse of a crisis, can […]
2020 continues to be a year for the record books. I’ve heard the comment “I’ve never seen this happen before” more times over the last month than I have the previous five years. And it doesn’t seem like things will normalize anytime soon. The most recent unbelievable incident to hit the financial markets is the […]
There’s Such Much Oil, They’re Giving It Away The big financial news lately hasn’t been coming from the stock market, but from the oil pits. With most people staying close to home, the global demand for oil has plunged, and its price has dropped through the floor. Actually, not just through the floor, but several […]
Video games are still thriving in the spotlight. One of the top ones has been Zynga (ZNGA), which ran from a low of $5.80 to $7.80. All on the heels of the coronavirus and a World Health Organization note to play more video games. “We’re at a crucial moment in defining outcomes of this pandemic. […]
The recent stock market crash shows how Wall Street is not looking out for individual investors. The analysts and marketing departments on the Street don’t care about the small guy. The big financial firms focus on gathering assets on which they earn fees. Here are a few items about the Wall Street crowd that I […]
Republic Services Group (RSG) is navigating the current environment, by giving with one hand, and taking with the other. The company recently announced it is funding a “Committed to Serve” initiative, to support both employees and the local communities Republic serves. RSG’s CEO, Donald W. Slager said, “We’re launching our $20 million ‘Committed to Serve’ […]
