Ferrari’s (NYSE:RACE) Portofino, What a Car!

Ferrari’s (NYSE:RACE) Portofino, What a Car!

$RACE You will not see a Portofino around again until the coronavirus lockdowns are finished, these Ferrari race horses are stabled for now. Ferrari (NYSE:RACE) designers say styling inspiration for the Portofino came from the Ferrari Daytona of the 1970’s. But I see Portofino as Ferrari’s interpretation of a comfortable long-distance Grand Touring car (which […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$ALB, $ARMK, $BA, $SCHW, $GS, $ICE, $LULU, $MS, $NDAQ, $TW These are all Buy’s if you can manage the risk. Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is our list for Tuesday, 24 March, as follows: Albermarle […]

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic Twitter on Monday withdrew its revenue and operating income forecasts for the first quarter of 2020 amid the coronavirus pandemic. The social media giant also retracted its outlook for expenses, stock-based compensation, headcount and capital expenditures for the full fiscal year “due to the growing impact […]

Elon Musk said he sourced 1,255 ventilators from China and shipped them to Los Angeles as US worries about a shortage in the face of coronavirus

Elon Musk said he sourced 1,255 ventilators from China and shipped them to Los Angeles as US worries about a shortage in the face of coronavirus

Tesla and SpaceX CEO Elon Musk said in a tweet on Monday that he sourced 1,255 ventilators and shipped them to Los Angeles, as hospitals and medical facilities around the US face shortages due to the coronavirus outbreak. California Gov. Gavin Newsom said in a press conference on Monday that Musk has delivered 1,000 ventilators to help […]

If You Can Manage the Risk, the Coronavirus Has Presented Opportunity in this Market

If You Can Manage the Risk, the Coronavirus Has Presented Opportunity in this Market

$DIA $SPY $QQQ $RUTX $VXX Economist Mohamed El-Erian sees opportunities for investors who can manage risk during this coronavirus induced stock market dive. “Those people who entered this defensively and have a massive appetite for volatility, there is starting to be real pockets of value,” Mr. El-Erian told reporters.   “For most investors, I think you […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$AXP, $COF, $DFS, $JPM, $MSTR, $NKE, $PEP, $SQ, $ULTA Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is our list for Monday, 23 March, as follows: American Express Co. (NYSE:AXP) was maintained as Buy but the target price […]

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

$DIA $SPY $QQQ $RUTX $VXX There is something very different about the coronavirus and the world’s reaction to it. That reaction is unprecedented, and unnerving. The past 4 wks have seen huge responses from central banks which were confident in the global economic outlook and in no hurry to move on rates. Since then we […]

Box Office: Nationwide Shutdown of All Cinemas is Unprecedented

Box Office: Nationwide Shutdown of All Cinemas is Unprecedented

$AMC $CNK $CPXGF $CMCSA The nationwide shutdown of virtually all cinemas is unprecedented and could last at least 10 – 12 wks, potentially disrupting the prime Summer release calendar. The 3 largest theater chains in the United States have announced that all of their movie theaters will close indefinitely as cinemas go dark across the […]

Ferrari (NYSE:RACE) to Debut its Thoroughbred ‘FUV’ with High Speed Genetics in 2021 Barring a Coronavirus Long Term Factory Shutdown

Ferrari (NYSE:RACE) to Debut its Thoroughbred ‘FUV’ with High Speed Genetics in 2021 Barring a Coronavirus Long Term Factory Shutdown

$RACE When Enzo Ferrari launched his iconic Italian luxury carmaker in Y 1949, he never thought that his sports cars will have an SUV or Shooting Brake variant. As recently as Y 2016, former Ferrari (NYSE:RACE) Boss Sergio Marchionne had said, “You have to shoot me 1st.” But the world has moved beyond those men’s […]

Ferrari (NYSE:RACE) Backs Plan to Delay 2021 F1 Rules by a Year

Ferrari (NYSE:RACE) Backs Plan to Delay 2021 F1 Rules by a Year

$RACE Ferrari (NYSE:RACE) F1 Team Boss Mattia Binotto says his team will back a move to delay the Y 2021 rules package for a year, insisting now is not the time to be ‘selfish‘. Earlier this week, 9 of the current 10 racing teams gave their support to a radical plan to hold back on […]

Ferrari’s (NYSE:RACE) F1 Team Boss Binotto on the Coronavirus

Ferrari’s (NYSE:RACE) F1 Team Boss Binotto on the Coronavirus

$RACE Ferrari’s F1 Team Boss Mattia Binotto is a man with 1 of the biggest jobs in motorsport, here he discusses the impact of the coronavirus on The Scuderia Italy, home of Ferrari (NYSE:RACE), has taken dramatic measures to control the spread of coronavirus across the country and this has an impact on the way […]

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

$DIA $SPY $QQQ $RUTX $VXX “Once we get the economy back, it is gonna all come back to us very quickly.” Friday, President Trump vowed to keep pushing for more federal spending until the economy recovers from the coronavirus outbreak, and said Americans can expect “much more” than $1,000 checks from the government. At a […]

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam Facebook, Inc. (NASDAQ: FB) has been falsely flagging posts as spam that are from a number of legitimate news organizations such as the BBC, Axios, The Atlantic and USA Today.  The issue seems to occur with posts that have too many external links, according to USA Today. […]

Tesla, Inc. (NASDAQ:TSLA) came roaring back

Tesla, Inc. (NASDAQ:TSLA) came roaring back

Tesla, Inc. (NASDAQ:TSLA) came roaring back Tesla stock (NASDAQ:TSLA) came roaring back on Tuesday’s early morning trading, bouncing as high as $434.54 per share amid news of an upgrade from Wall Street. In a recent note, Morgan Stanley analyst Adam Jonas upgraded Tesla from “Underperform” to “Equal-Weight,” while putting a $460 per share price target […]

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations Alphabet‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google employees in Europe will have a bigger say in operations, with the internet search giant agreeing to the creation of a workers council. Once the council is up and running, in theory, it will give employees a say in business issues, including […]

Alibaba Group Holding Limited (NYSE:BABA) Stock Is an Easy Buy Here for These Reasons

Alibaba Group Holding Limited (NYSE:BABA) Stock Is an Easy Buy Here for These Reasons

Alibaba Group Holding Limited (NYSE:BABA) Stock Is an Easy Buy Here for These Reasons In January, shares of Chinese e-commerce leader Alibaba (NYSE:BABA) touched an all-time high. Since then, however, Alibaba stock has declined 18%. That decline might seem somewhat logical. BABA stock started fading as the coronavirus from China spread in its home market. Pandemic fears followed a trade […]

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start We seemed poised for another sharp selloff this morning, but the volatility worked in our favor today as stocks swung sharply higher and closed in positive territory. Tech had an especially good session Thursday that sent the NASDAQ upward by 2.3% (or about […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$AAPL, $PKG, $TSLA, $UBER Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is our list for Friday, 20 March, as follows: Apple Inc. (NASDAQ:AAPL) was maintained as Buy at Canaccord Genuity, but the target price was lowered to […]

Investors Optimistic, Small Caps Post Large Gains

Investors Optimistic, Small Caps Post Large Gains

$DIA $SPY $QQQ $RUTX $VXX Thursday the S&P 500 advanced 0.5% in a session that saw it fall as much as 3.3% early and gain as much as 2.9% in the afternoon. The DJIA rose 1.0%, while the NAS Comp (+2.3%) and Russell 2000 (+6.8%) were the big movers today on strong gains in technology […]

Tesla, Inc. (NASDAQ:TSLA) to cut Fremont factory workforce from 10,000 to 2,500 amid coronavirus order

Tesla, Inc. (NASDAQ:TSLA) to cut Fremont factory workforce from 10,000 to 2,500 amid coronavirus order

Tesla, Inc. (NASDAQ:TSLA) to cut Fremont factory workforce from 10,000 to 2,500 amid coronavirus order Tesla, Inc. is reducing its workforce at its Fremont factory from 10,000 people to around 2,500 amid a regional shutdown to curb the spread of the coronavirus pandemic. Alameda County Sheriff’s Sgt. Ray Kelly said that Tesla had told him on a […]

Government Wants Facebook, Alphabet Inc. (NASDAQ:GOOG) to Track Coronavirus Using Smartphone Data

Government Wants Facebook, Alphabet Inc. (NASDAQ:GOOG) to Track Coronavirus Using Smartphone Data

Government Wants Facebook, Alphabet Inc. (NASDAQ:GOOG) to Track Coronavirus Using Smartphone Data The federal government wants Facebook (NASDAQ: FB), Alphabet’s Google(NASDAQ: GOOG) (NASDAQ: GOOGL), and other tech giants to use the geolocation data they collect from smartphones to track the coronavirus outbreak, including potentially whether people are keeping an appropriate distance from one another. The data gathered would reportedly be […]

Your Phone Could Hold The Coronavirus: Here’s How To Clean It

Your Phone Could Hold The Coronavirus: Here’s How To Clean It

$AAPL The novel coronavirus that causes the respiratory condition, COVID-19, can live for up to nine days on surfaces including our very own cell phones. Millions of people use a cell phone every single day. We often press our phones to our faces allowing the bacteria, germs and virus to be transmitted onto it (!). Therefore, it is […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$CAT, $DPZ, $FDX, $JNPR, $NI, $SPG, $SNE, $SWX, $WMT Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is our list for Thursday, 19 March, as follows: Caterpillar Inc. (NYSE:CAT) was raised to Neutral from Sell but its target […]

GM, Ford Talk with The Trump Administration on Medical Equipment Production

GM, Ford Talk with The Trump Administration on Medical Equipment Production

$GM $F General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F) said Wednesday they are in talks with White House officials about how they can support manufacture of medical equipment needed to combat the coronavirus outbreak. GM Chief Executive Mary Barra spoke to White House economic adviser Larry Kudlow about the issue after the Detroit […]

Ferrari (NYSE:RACE) Stock Price is Very Resilient in Here

Ferrari (NYSE:RACE) Stock Price is Very Resilient in Here

$RACE Ferrari (NYSE:RACE) stock price has been very resilient during this virus crisis. At its current price, it is around 20% off its 52-wk highs, far outperforming the S&P 500. This is despite operating a luxury automotive business in Italy that has been heavily hit by the virus. Ferrari designs, engineers, produces and sells ultra […]

F1: The Ferrari (NYSE:RACE) Engine Dust-up is Finished

F1: The Ferrari (NYSE:RACE) Engine Dust-up is Finished

$RACE F1 driver Charles Leclerc “trusts” both Ferrari (NYSE:RACE) and the FIA to keep everything above board and says for him the 2019 engine saga is “done”. Last season rivals questioned the legality of Ferrari’s power unit. They wrote to the FIA querying the engine’s fuel flow system, resulting in 2 Technical Directives being issued. […]

Selling Widespread, Losses Were Pared into the Close

Selling Widespread, Losses Were Pared into the Close

$DIA $SPY $QQQ $RUTX, $USO, $XAU, $USD, $VXX Despite the coordinated stimulus packages announced by central banks and the massive stimulus plans laid out by Washington, confidence was lacking due to the growing outbreak of COVID-19 and the continued shutdown of the economy. Shortly before the close, the Senate passed the House bill that provides […]

The US Financial Markets Like What They Hear From Washington, DC

The US Financial Markets Like What They Hear From Washington, DC

$SPY The stock market liked what it heard out of Washington, DC, but expect the volatility to continue till it puts in the bottom. Tuesday, The Trump Administration vowed to deliver a massive financial package designed to help both businesses and individual Americans to weather the crisis. The Fed also stepped in to support the […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$AAPL, $BAC, $CARG, $DFS, $PEP, $PG, $SQ, $ZM Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is our list for Wednesday, 18 March, as follows: Apple Inc. (NASDAQ:AAPL) was maintained as Overweight but its target price was lowered […]

F1: Ferrari (NYSE:RACE) Team in Self Isolation

F1: Ferrari (NYSE:RACE) Team in Self Isolation

$RACE Ferrari’s (NYSE:RACE) F1 team have all gone into self-isolation since their return from the Australian Grand Prix. The move is a precaution, as no member of the team have so far had any symptoms of the coronavirus, Ferrari said. Ferrari F1 team members who travelled to Melbourne are to be in quarantine for 14 […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$MO, $AZO, $FDX, $HES, $LVS, $WES Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Tuesday, 17 March, as follows: Altria Group Inc. (NYSE:MO) was raised to Overweight from Equal Weight with a 49 target […]

UAE Shutters Ferrari World and Louvre Abu Dhabi

UAE Shutters Ferrari World and Louvre Abu Dhabi

$RACE  The United Arab Emirates said Saturday it was shutting major tourism and cultural venues to contain the spread of coronavirus and announced a $27-billion plan to counter the outbreak’s economic impact. Attractions such as the Louvre Abu Dhabi museum and the Ferrari World theme park will be closed from 15-31 March, the Abu Dhabi […]

“Stocks Will Surge from ‘Pent-Up Demand’ After Coronavirus Outbreak Ends”

“Stocks Will Surge from ‘Pent-Up Demand’ After Coronavirus Outbreak Ends”

$DIA $SPY $QQQ $RUTX Treasury Secretary Steven Mnuchin told Jim Cramer Monday that “there will be a huge amount of pent-up demand” for stocks when the threat of the coronavirus is contained. “There will be a huge amount of pent-up demand when this is done. And it will be done,” he said. “Look for companies that […]

The 1st Test of Our Economic Strength is a Man Made Virus

The 1st Test of Our Economic Strength is a Man Made Virus

$DIA $SPY $QQQ $RUTX $VXX This health emergency was dismissed at 1st as a fleeting risk to the US economy has turned into a full test of whether 20 yrs of planning, regulation and research has left the financial system resilient to a major shock and the Fed able to mount a rescue. Preparations for an […]

Amazon.com, Inc. (NASDAQ:AMZN) warns of delivery delays, some household products out of stock

Amazon.com, Inc. (NASDAQ:AMZN) warns of delivery delays, some household products out of stock

Amazon.com, Inc. (NASDAQ:AMZN) warns of delivery delays, some household products out of stock Amazon warned it’s experiencing Prime delivery delays and running out of stock of popular household items amid the coronavirus outbreak. The issues are a result of a “dramatic increase in the rate that people are shopping online,” Amazon said in a blog post that was […]

Netflix, Inc. (NASDAQ:NFLX) junk debt binge leaves it vulnerable to coronavirus market shocks

Netflix, Inc. (NASDAQ:NFLX) junk debt binge leaves it vulnerable to coronavirus market shocks

Netflix, Inc. (NASDAQ:NFLX) junk debt binge leaves it vulnerable to coronavirus market shocks n January, Netflix released a documentary miniseries titled Pandemic. The programme, which details doctors’ efforts to battle the flu and warns that the world is not prepared for future outbreaks, looks eerily prescient two months later. The diagnosis for the world’s biggest streaming […]

Tesla, Inc. (NASDAQ:TSLA) Chief Elon Musk’s Trial Postponed Due to Coronavirus

Tesla, Inc. (NASDAQ:TSLA) Chief Elon Musk’s Trial Postponed Due to Coronavirus

Tesla, Inc. (NASDAQ:TSLA) Chief Elon Musk’s Trial Postponed Due to Coronavirus Elon Musk’s expected defense of a $2.2 billion deal in court was postponed on Friday from its expected Monday start, due to the coronavirus outbreak. A new trial date has not be set. The case relates to Tesla’s purchase of SolarCity in 2016, a […]

Alphabet Inc. (NASDAQ:GOOG) Really Is Developing a Coronavirus Website

Alphabet Inc. (NASDAQ:GOOG) Really Is Developing a Coronavirus Website

Alphabet Inc. (NASDAQ:GOOG) Really Is Developing a Coronavirus Website Alphabet‘s (NASDAQ: GOOG)(NASDAQ: GOOGL) Google is developing a website dedicated to the coronavirus after all. Following a press conference by President Trump on the COVID-19 outbreak, in which he touted Google’s plans to design a site where people could visit to have questions answered and be directed to testing centers, […]

Dow Jones Industrial Average (.DJI) – Stocks Rally as Coronavirus National Emergency Looms

Dow Jones Industrial Average (.DJI) – Stocks Rally as Coronavirus National Emergency Looms

Dow Jones Industrial Average (.DJI) – Stocks Rally as Coronavirus National Emergency Looms Stocks soared Friday even as investors digested news that the White House will soon deem the coronavirus outbreak a national emergency in the U.S. That sounds ominous, but this is an opportunity for the Trump Administration to bring much needed clarity and […]

NASDAQ Composite (.IXIC) – Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panic

NASDAQ Composite (.IXIC) – Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panic

NASDAQ Composite (.IXIC) – Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panic That is Trump on Saturday morning, referencing the Friday surge by the Dow Jones Industrial Average DJIA, +9.36%, the S&P 500 index SPX, +9.28% and the Nasdaq Composite COMP, +9.34%, which constituted the major equity benchmarks’ biggest daily percentage gains since 2008. […]

Apple Inc. (NASDAQ:AAPL) closes all stores outside Greater China for 2 weeks

Apple Inc. (NASDAQ:AAPL) closes all stores outside Greater China for 2 weeks

Apple Inc. (NASDAQ:AAPL) closes all stores outside Greater China for 2 weeks Apple Inc said Saturday it’s closing its hundreds of retail stores outside of Greater China until March 27 and is moving to remote work in order to help reduce the spread of coronavirus. In a letter posted on Apple’s website, Chief Executive Officer […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$AMD, $AAPL, $BLK, $CAT, $DE, $DG, $MS, $WWE Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Monday, 16 March, as follows: Advanced Micro Devices Inc. (NASDAQ:AMD):Northland Capital raised its rating on AMD to Outperform […]

Commentary: Paul Ebeling on Wall Street, The Bulls Vs The Bears

Commentary: Paul Ebeling on Wall Street, The Bulls Vs The Bears

$DIA $SPY $QQQ $RUTX The Bulls Vs The Bears Note: “Big Bear markets end in despair and hopelessness, which many current Bulls will discover at considerable cost to themselves” — Mark Lundeen Be very wary of any advance from here, as it may prove to be what we once called a Dead-Cat Bounce.  A Dead-Cat […]

“Do Not Expect US Recession From Coronavirus”

“Do Not Expect US Recession From Coronavirus”

Treasury Secretary Steven Mnuchin said he does not expect the coronavirus tipping the US economy into recession, even though growth will slow. “Later in the year, obviously the economic activity will pick up as we confront this virus,” Secretary Mnuchin said Sunday on national television. Secretary Mnuchin spoke as many businesses in the US and […]

Universal Live-Action Filming Goes on Virus Hiatus + the Rest of the Hollywood Shut Downs

Universal Live-Action Filming Goes on Virus Hiatus + the Rest of the Hollywood Shut Downs

$CMCSA $SNE $NFLX $DIS Hollywood Box Office May Take $20-B Hit From Coronavirus Impact ‘Jurassic World: Dominion’ and ‘Flint Stong‘ filming will be affected by the hiatus. Universal Pictures’ live-action feature productions will slow down and go on hiatus starting this weekend due to the new coronavirus outbreak.  “The studio continues to monitor the situation […]

F1: Ferrari (NYSE:RACE) Shuts Maranello Factory Down

F1: Ferrari (NYSE:RACE) Shuts Maranello Factory Down

$RACE Ferrari (NYSE:RACE) has shut its Maranello factory including its F1 operations in response to the global coronavirus pandemic. With Italy being 1 of the countries in Europe that has been impacted the most by the virus outbreak, the Italian government has imposed a strict lockdown across the entire nation to try to limit community […]

Key US Economic Indicators May Suffer ‘Virus Shock’

Key US Economic Indicators May Suffer ‘Virus Shock’

$DIS, $AMC, $MGM Official US indicators for employment, inflation and GDP may seem badly out-of-date as the rapidly spreading coronavirus outbreak wreaks havoc on the economy, as the Key data points are often a month behind. To give a more timely look, below are 5 Key indicators tracking how consumers are reacting to the crisis. […]

Unprecedented Stresses in US Financial Markets Has Investor Sidelining Trillions in Cash

Unprecedented Stresses in US Financial Markets Has Investor Sidelining Trillions in Cash

$DIA $SPY $QQQ $RUTX $USD $JPY $VXX Friday, Ultra Long-term US T-Bond futures moved about 1.3 pts a day on average in January, were down more than 7 pts on the day and off 36 pts from Monday’s high. Italian sovereign debt had imploded. An index of costs to insure corporate debt with credit-default swaps […]

People are Asking, “What is going on in this Stock Market?”

People are Asking, “What is going on in this Stock Market?”

$DIA $SPY $QQQ $RUTX The Big Q: What is going on in this Stock Market? The Big A: A confluence of confusion aka lots of unknowns. I have been in the stock market since Y 1981, and like everyone else I know in this game, have not see this kind of action ever. What we […]

Ferrari (NYSE:RACE) Adopts Additional Safety Measures for Its Employees

Ferrari (NYSE:RACE) Adopts Additional Safety Measures for Its Employees

$RACE Ferrari (NYSE:RACE) stated that it has activated rigorous preventive measures to ensure the highest standards of health procedures for its employees. Ferrari’s announcement follows the decree on COVID-19 issued by the Italian Government. The workforce present in Maranello and Modena has been reduced to a minimum, while remaining personnel is working remotely, the company […]

US Stocks Spike 9%+ on President Trump’s Plan to Bring the Country Together to Fight the Virus

US Stocks Spike 9%+ on President Trump’s Plan to Bring the Country Together to Fight the Virus

$DIA $SPY $QQQ $RUTX $VXX US stocks spiked 9%+ as President Trump joined reassured investors that he is stepping up efforts to protect the economy from the coronavirus fallout. All 3 major US stock market indexes rose 9%+, as President Trump declared a national emergency to help combat the virus and said the private sector […]

Apple Inc. (NASDAQ:AAPL) Stock Plunges $20 as Stock Market Trading Temporarily Halted After Opening Bell

Apple Inc. (NASDAQ:AAPL) Stock Plunges $20 as Stock Market Trading Temporarily Halted After Opening Bell

Apple Inc. (NASDAQ:AAPL) Stock Plunges $20 as Stock Market Trading Temporarily Halted After Opening Bell Apple’s stock opened at $255.94 this morning, down nearly $20 from a closing price of $275.43 on Wednesday, as the COVID-19 coronavirus pandemic continues to result in wild fluctuations on the stock market this week. The broader S&P 500 index […]

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 7%

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 7%

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 7% Amazon.com (NASDAQ:AMZN) Stock fell by 6.80% to trade at $1,696.65 by 12:42 (16:42 GMT) on Thursday on the NASDAQ exchange. The volume of Amazon.com shares traded since the start of the session was 5.11M. Amazon.com has traded in a range of $1,689.32 to $1,748.59 on the day. The stock […]

Facebook, Inc. (NASDAQ:FB) Can Weather Storm Better Than Big-Tech Peers

Facebook, Inc. (NASDAQ:FB) Can Weather Storm Better Than Big-Tech Peers

Facebook, Inc. (NASDAQ:FB) Can Weather Storm Better Than Big-Tech Peers Wall Street is teetering on the brink of a historic percentage slump in the Dow, but for investors looking to stick with big tech, Facebook is likely the best bet, MKM partners said. Megacap technology and internet stocks are “significantly diversified” businesses that are better […]

Tesla, Inc. (NASDAQ:TSLA) withdraws US employees working on Gigafactory Berlin over coronavirus concerns, report says

Tesla, Inc. (NASDAQ:TSLA) withdraws US employees working on Gigafactory Berlin over coronavirus concerns, report says

Tesla, Inc. (NASDAQ:TSLA) withdraws US employees working on Gigafactory Berlin over coronavirus concerns, report says esla is reportedly withdrawing its US employees working on Gigafactory Berlin in Germany over coronavirus concerns and Donald Trump’s upcoming Europe travel ban. Last year, CEO Elon Musk confirmed that Tesla would build Gigafactory 4 in the “Berlin area”. which will […]

Alphabet Inc. (NASDAQ:GOOG) quietly reached a major milestone in its battle with Microsoft to rule the workplace

Alphabet Inc. (NASDAQ:GOOG) quietly reached a major milestone in its battle with Microsoft to rule the workplace

Alphabet Inc. (NASDAQ:GOOG) quietly reached a major milestone in its battle with Microsoft to rule the workplace Microsoft may be the dominant player when it comes to workplace software thanks to its Office 365 suite, but Google is quickly gaining traction. The search giant recently said that its G Suite product, which includes services like […]

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter Alibaba BABA, -6.94% stock had a great run last year as it rose 55% , making it deserving of the title of being among the best technology stocks out of China. The stock even managed to continue […]

Dow Jones Industrial Average (.DJI) falls 2,300 points in sharpest decline since 1987

Dow Jones Industrial Average (.DJI) falls 2,300 points in sharpest decline since 1987

Dow Jones Industrial Average (.DJI) falls 2,300 points in sharpest decline since 1987 The Dow Jones Industrial Average fell nearly 10 percent on Thursday, its worst day since the 1987 market crash, amid ongoing concerns about COVID-19 and the oil markets. The Dow closed down 2,352.6 points, or 9.99 percent, the Nasdaq shed 9.43 percent […]

NASDAQ Composite (.IXIC) hits bear market

NASDAQ Composite (.IXIC) hits bear market

NASDAQ Composite (.IXIC) hits bear market U.S. equity markets cratered Thursday despite another flood of liquidity from the Federal Reserve after President Trump suspended travel from Europe for 30 days in an effort to contain the spread of the coronavirus. Allianz chief economic adviser Mohamed El-Erian telling FOX Business he sees the environment getting “even choppier.” The […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$BUD, $CMCSA, $JAZZ, $KBH, $KMI, $NLTX Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Friday, 13 March, as follows: Anheuser-Busch InBev S.A./N.V. (NYSE:BUD) was raised to Outperform from Sector Perform at RBC Capital Markets, […]

Stock Buying Opportunities in Here are a Once in a Lifetime…”Market will Bounce Back Big”

Stock Buying Opportunities in Here are a Once in a Lifetime…”Market will Bounce Back Big”

$SPY $USO Investment wizard Warren Buffett described Monday’s market plunge as a “1-2 Punch” of coronavirus and falling Crude Oil prices that it took him all his life to experience. “If you stick around long enough, you will see everything in markets,” Mr Buffett said Thursday. “And it may have taken me to 89 yrs of […]

F1: Ferrari (NYSE:RACE) Supports the Cancellation of the Australian Grand Prix

F1: Ferrari (NYSE:RACE) Supports the Cancellation of the Australian Grand Prix

$RACE Scuderia Ferrari (NYSE:RACE) fully supports the decision taken by the FIA and F1 in conjunction with the Australian Grand Prix Corporation to cancel the Australian Grand Prix (13 – 15 March) at Melbourne’s Albert Park circuit. The safety of all team members is our number one priority, especially as the Covid-19 pandemic continues to […]

Bear Market in Stocks Confirmed

Bear Market in Stocks Confirmed

$DIA $SPY $QQQ $RUTX $VXX A Bear market is confirmed when an index sinks 20% or more below its most recent closing high. For the 2nd time this week, the S&P 500 triggered a 15-min trading halt after falling by 7.0% shortly after the open following more economic disruptions caused by the coronavirus. Note: New […]

Alibaba Group Holding Limited (NYSE:BABA) Intends to Offer Third-Party Vendor Service on Alipay

Alibaba Group Holding Limited (NYSE:BABA) Intends to Offer Third-Party Vendor Service on Alipay

Alibaba Group Holding Limited (NYSE:BABA) Intends to Offer Third-Party Vendor Service on Alipay Alibaba Group Holding Limited’s BABA affiliate Ant Financial is leaving no stone unturned to strengthen its capabilities beyond financial services. This is evident from the company’s recent plans to bring third-party vendors on its mobile payment platform called Alipay. It intends to […]

NASDAQ Composite (.IXIC) – Wall Street tanks, enters ‘bear market’ on virus fears

NASDAQ Composite (.IXIC) – Wall Street tanks, enters ‘bear market’ on virus fears

NASDAQ Composite (.IXIC) – Wall Street tanks, enters ‘bear market’ on virus fears Wall Street stocks suffered another brutal rout Wednesday, pushing the Dow into a “bear market” after the latest series of event cancelations and company warnings rattled investors. The Dow Jones Industrial Average plunged around 1,465 points, or 5.9 percent, to 23,553.22. The […]

Apple Inc. (NASDAQ:AAPL) Shuttering All Stores in Italy Amid Coronavirus Outbreak

Apple Inc. (NASDAQ:AAPL) Shuttering All Stores in Italy Amid Coronavirus Outbreak

Apple Inc. (NASDAQ:AAPL) Shuttering All Stores in Italy Amid Coronavirus Outbreak Apple (NASDAQ: AAPL) announced that it will temporarily close all 17 of its retail stores across Italy as the country grapples with the onslaught of the COVID-19 coronavirus outbreak. The company said the stores will remain closed “until further notice.”  “As we support the […]

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 3%

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 3%

Amazon.com, Inc. (NASDAQ:AMZN) Stock Falls 3% Amazon.com (NASDAQ:AMZN) Stock fell by 3.08% to trade at $1,834.95 by 12:41 (16:41 GMT) on Wednesday on the NASDAQ exchange. The volume of Amazon.com shares traded since the start of the session was 2.27M. Amazon.com has traded in a range of $1,834.95 to $1,871.30 on the day. The stock […]

Netflix, Inc. (NASDAQ:NFLX) Stock Falls 3%

Netflix, Inc. (NASDAQ:NFLX) Stock Falls 3%

Netflix, Inc. (NASDAQ:NFLX) Stock Falls 3% Netflix (NASDAQ:NFLX) Stock fell by 3.07% to trade at $352.95 by 13:08 (17:08 GMT) on Wednesday on the NASDAQ exchange. The volume of Netflix shares traded since the start of the session was 2.83M. Netflix has traded in a range of $352.73 to $362.60 on the day. The stock […]

Facebook, Inc. (NASDAQ:FB) Is Working On Cross-Posting Stories To Instagram

Facebook, Inc. (NASDAQ:FB) Is Working On Cross-Posting Stories To Instagram

Facebook, Inc. (NASDAQ:FB) Is Working On Cross-Posting Stories To Instagram Facebook is currently testing a crossposting feature that will allow users to share their stories directly to Instagram. Instagram users have had the ability to crosspost their stories for some time now. By linking their accounts on both platforms, users are able to share their […]

Twitter, Inc. (NYSE:TWTR) Tries to Guide Brands on Its Platform Through the Coronavirus Crisis

Twitter, Inc. (NYSE:TWTR) Tries to Guide Brands on Its Platform Through the Coronavirus Crisis

Twitter, Inc. (NYSE:TWTR) Tries to Guide Brands on Its Platform Through the Coronavirus Crisis Twitter shared a series of best practices for how brands should be communicating via its platform during the ongoing coronavirus pandemic. Twitter Next global head Alex Josephson and director for Europe, the Middle East and Africa Eimear Lambe stressed in a blog […]

The market and price chart have Tesla, Inc. (NASDAQ:TSLA) stock bulls’ backs right now

The market and price chart have Tesla, Inc. (NASDAQ:TSLA) stock bulls’ backs right now

The market and price chart have Tesla, Inc. (NASDAQ:TSLA) stock bulls’ backs right now In a market struck down by the coronavirus, bears are clearly in the driver’s seat in Tesla (NASDAQ:TSLA) of late. The question now is whether TSLA stock deserves the green light for a purchase? As much, let’s take a look at […]

Wall Street’s Key Stock Analysts Research Report

Wall Street’s Key Stock Analysts Research Report

$ANF, $ACN, $AEO, $BUD, $RACE, $KMI, $NEM, $V Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 12 March, as follows: Abercrombie & Fitch Co. (NYSE:ANF) was raised to Outperform from Neutral with a […]

If You are Worried About Your Portfolio – Slow and Steady Always Wins

If You are Worried About Your Portfolio – Slow and Steady Always Wins

$DIA $SPY $QQQ $RUTX $USO $GLD Monday, the DJIA saw its worst decliner since Y 2008 in response to news of COVID-19 and the Saudi/Russia Crude Oil price war, and the ride the stock market/s have taken in the last 2 wks has left lot of investors with stomach aches. If you have a 401(k) […]

Time to Step Back, Focus on Investing Not Day to Day Speculation, Do Not Sell American Markets Short

Time to Step Back, Focus on Investing Not Day to Day Speculation, Do Not Sell American Markets Short

$DIA $SPY $QQQ $RUTX $VXX Investing like a savvy investor during a Bear market often yields better returns, but it means avoiding emotional-driven decisions. The benchmark that Wall Street uses to determine a Bear market is when the stock market takes a 20 – 22% decline. But following the strategies of millionaires or successful hedge funds […]

Apple Inc. (NASDAQ:AAPL) Continues to Fight the Caltech Patent Dispute

Apple Inc. (NASDAQ:AAPL) Continues to Fight the Caltech Patent Dispute

Apple Inc. (NASDAQ:AAPL) Continues to Fight the Caltech Patent Dispute Apple AAPL, +7.20% has suffered a blow in the long-running Caltech patent dispute. Last week, a US federal appeals court refused to invalidate a Caltech patent at the center of the dispute. As a result, Apple could face a massive fine. Apple faces $838 million […]

Amazon.com, Inc. (NASDAQ:AMZN) Bezos Biggest Loser

Amazon.com, Inc. (NASDAQ:AMZN) Bezos Biggest Loser

Amazon.com, Inc. (NASDAQ:AMZN) Bezos Biggest Loser It’s easy-come, easy-go for the world’s wealthiest man, Amazon founder and CEO Jeff Bezos, who lost US$7 billion in paper wealth in the latest stock price downturn, and more than $18 billion over the past month. Bezos’s overall wealth dropped to $110 billion, down from $117 billion, as Amazon’s shares fell […]

Dow Jones Industrial Average (.DJI) volatile over coronavirus worries

Dow Jones Industrial Average (.DJI) volatile over coronavirus worries

Dow Jones Industrial Average (.DJI) volatile over coronavirus worries Traders on Wall Street are wringing their hands as they watch the market jump up and down. They returned from the weekend worrying about the coronavirus. And they struggled through their worst day in a decade. Now, they’ve seen the Dow Jones Industrial Average climb back […]

Alphabet Inc. (NASDAQ:GOOG) has created a fund to enable all its contract and temporary workers globally to take paid sick leave if they have potential COVID-19 symptoms or are in quarantine

Alphabet Inc. (NASDAQ:GOOG) has created a fund to enable all its contract and temporary workers globally to take paid sick leave if they have potential COVID-19 symptoms or are in quarantine

Alphabet Inc. (NASDAQ:GOOG) has created a fund to enable all its contract and temporary workers globally to take paid sick leave if they have potential COVID-19 symptoms or are in quarantine Google has set up a fund that will enable all contract and temporary workers globally to take paid sick leave should they need to […]

Alibaba Group Holding Limited (NYSE:BABA) delivery operations returning to normal staffing levels

Alibaba Group Holding Limited (NYSE:BABA) delivery operations returning to normal staffing levels

Alibaba Group Holding Limited (NYSE:BABA) delivery operations returning to normal staffing levels Businesses are resuming pre-coronavirus output in China, with Alibaba‘s (NYSE: BABA) delivery operations returning to normal staffing levels.  Cainiao, the global logistics company majority-owned by Alibaba, has returned to pre-coronavirus levels, an Alibaba spokesman told Bloomberg. The unit had suffered through a few weeks […]

NASDAQ Composite (.IXIC) – Traders now expect the Federal Reserve to cut interest rates for a second time this month

NASDAQ Composite (.IXIC) – Traders now expect the Federal Reserve to cut interest rates for a second time this month

NASDAQ Composite (.IXIC) – Traders now expect the Federal Reserve to cut interest rates for a second time this month Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now […]

Wall Street’s Key Stock Analysts Research Report

$AEP, $AAPL, $DLTR, $HIG, $QCOM, $SIX, $UPS, $WEN Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Wednesday, 11 March, as follows: American Electric Power Co. Inc. (NYSE:AEP) was raised to Overweight from Equal Weight […]

Barrick Gold (NYSE:GOLD) Data Suggests a Buy Signal

Barrick Gold (NYSE:GOLD) Data Suggests a Buy Signal

$GOLD Barrick Gold Corp (NYSE:GOLD) marked a 3.5 yr high at 22.44 on 24 February and paused, the data now suggests the stock is flashing a buy signal as it nears a historically Bullish trendline. Barrick Gold stock has come within 1 standard deviation of its 40-Day MA following an extended period above the trendline, defined for […]

Ferrari (NYSE:RACE): The 1000 Mile Race at Sebring Has Been Canceled

Ferrari (NYSE:RACE): The 1000 Mile Race at Sebring Has Been Canceled

$RACE Following the announcement made by President Trump from the Oval Office Wednesday night of a wide suspension of travel by non US citizens from Europe to the USA, the leadership of the WEC has reviewed the viability of staging the Sebring 1000 Miles race planned to be held at Sebring on 20 March. After […]

Ferrari’s (NYSE:RACE) Factory is Open and Fully Operational

Ferrari’s (NYSE:RACE) Factory is Open and Fully Operational

$RACE Ferrari (NYSE: RACE) declared Tuesday that its factory and HQ’s are operating despite being located inside the area of Italy that has been placed under quarantine to prevent the spread of the coronavirus. Ferrari employees have a reason to work! In a statement, Ferrari said that the measures introduced by the Italian government on 8 March […]

US Stock Bulls Up and Running

US Stock Bulls Up and Running

$DIA $SPY $QQQ $RUTX $VXX Tuesday, Wall Street’s Bulls came back to life rising from the edge of Bear market confirmation as bargain-hunters and notions of government stimulus calmed investors’ fears surrounding the coronavirus and prospects of a recession. All 3 major US stock market indexes spiked nearly 5% the day after they suffered their […]

Expect more cashier-free stores as Amazon.com, Inc. (NASDAQ:AMZN) starts selling its Go technology

Expect more cashier-free stores as Amazon.com, Inc. (NASDAQ:AMZN) starts selling its Go technology

Expect more cashier-free stores as Amazon.com, Inc. (NASDAQ:AMZN) starts selling its Go technology At most stores, if you grab what you want and walk out, you’ll probably get arrested for shoplifting. That’s why shoppers at a cashier-free Amazon Go find the experience a little weird at first. We’ve been so conditioned to performing some kind […]

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma unseats Indian tycoon Mukesh Ambani as Asia’s richest man after US$5.8 billion rout

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma unseats Indian tycoon Mukesh Ambani as Asia’s richest man after US$5.8 billion rout

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma unseats Indian tycoon Mukesh Ambani as Asia’s richest man after US$5.8 billion rout Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread […]

Twitter, Inc. (NYSE:TWTR) will keep Jack Dorsey as CEO in deal with activist investor group

Twitter, Inc. (NYSE:TWTR) will keep Jack Dorsey as CEO in deal with activist investor group

Twitter, Inc. (NYSE:TWTR) will keep Jack Dorsey as CEO in deal with activist investor group Jack Dorsey will remain Twitter’s CEO as part of a deal the company reached with Elliott Management, an activist investor firm that, for the past two weeks, has been trying to push Dorsey out as part of an overhaul to […]

Tesla, Inc. (NASDAQ:TSLA) produces its 1,000,000th electric car

Tesla, Inc. (NASDAQ:TSLA) produces its 1,000,000th electric car

Tesla, Inc. (NASDAQ:TSLA) produces its 1,000,000th electric car Tesla announced that it produced its 1,000,000th electric car – becoming the first automaker to achieve the milestone. Only a few years ago, many people didn’t believe that Tesla could produce electric vehicles in any meaningful numbers, but the automaker managed to ramp up 3 electric vehicle […]

Alphabet Inc. (NASDAQ:GOOG) Ties Up With AT&T to Offer 5G Edge Computing Solutions

Alphabet Inc. (NASDAQ:GOOG) Ties Up With AT&T to Offer 5G Edge Computing Solutions

Alphabet Inc. (NASDAQ:GOOG) Ties Up With AT&T to Offer 5G Edge Computing Solutions Alphabet GOOGL is making every effort to integrate the cutting edge 5G networks into its cloud services in a bid to deliver enhanced cloud experience. The company’s cloud computing arm, Google Cloud’s latest partnership with AT&T T is a testament to this […]

Dow Jones Industrial Average (.DJI) loses more than 2,000 points

Dow Jones Industrial Average (.DJI) loses more than 2,000 points

Dow Jones Industrial Average (.DJI) loses more than 2,000 points The Dow Jones Industrial Average plunged more than 2,000 points Monday for the first time amid fears that the worldwide spread of the coronavirus would disrupt supply chains, slow production and lead to a recession. The blue-chip index took another hit when the price of […]

NASDAQ Composite (.IXIC) – US stocks end lower on virus fears, Dow down 1%, Nasdaq falls 1.9%

NASDAQ Composite (.IXIC) – US stocks end lower on virus fears, Dow down 1%, Nasdaq falls 1.9%

NASDAQ Composite (.IXIC) – US stocks end lower on virus fears, Dow down 1%, Nasdaq falls 1.9% Wall Street stocks tumbled again on Friday (March 6), with petroleum producers and banks falling especially hard, as worries over the coronavirus overshadowed a strong US jobs report. The Dow Jones Industrial Average finished well above session lows, […]

Apple Inc. (NASDAQ:AAPL) is down 7% in pre-market trading as part of wider stock market slump

Apple Inc. (NASDAQ:AAPL) is down 7% in pre-market trading as part of wider stock market slump

Apple Inc. (NASDAQ:AAPL) is down 7% in pre-market trading as part of wider stock market slump AAPL is down more than 7% in pre-market trading, but it’s nothing to do with the company: it’s part of a slump across the stock market caused by two factors. First, coronavirus fears are causing nervousness about the performance […]

Wall Street’s Key Stock Analysts Research Report

$ADT, $CARS, $DHT, $GILD, $HBAN, $STNG Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Tuesday, 10 March, as follows: ADT Inc. (NYSE:ADT) was maintained as Outperform but its target price was trimmed to 10 […]

F1: Ferrari (NYSE:RACE) Hopes to Bring ‘Smiles’ to Melbourne

F1: Ferrari (NYSE:RACE) Hopes to Bring ‘Smiles’ to Melbourne

$RACE Ferrari’s (NYSE:RACE) F1 team Boss Mattia Binotto hopes his team can help to “put a smile on people’s faces” in Australia as a distraction from the growing coronavirus crisis. Ferrari has been the focus of concerns about the opening races of the season going ahead because of a lockdown in northern Italy including the […]

Ferrari (NYSE:RACE) is Oversold

Ferrari (NYSE:RACE) is Oversold

$RACE There is a savvy Wall Street adage that advises: “be fearful when others are greedy, and be greedy when others are fearful“. A Key way to measure the level of fear in a given stock is through a technical analysis indicator called the RSI (Relative Strength Index), RSI measures momentum on a scale of […]

The Collapse in Crude Oil Prices Adds to the Market’s Uncertainty, Equities Dive in Concert

The Collapse in Crude Oil Prices Adds to the Market’s Uncertainty, Equities Dive in Concert

$DIA $SPY $QQQ $RUTX $USO $VXX WTI Crude Oil settled off 10.23 (-24.8%) to 31.09 bbl for its worst decliner since Y 1991. The last time Crude Oil traded at this mark was in Y 2016. Last Tuesday, the world’s Top financial officials pledged to use “all appropriate policy tools” to protect their economies from […]

Australia Sues Facebook, Inc. (NASDAQ:FB), Alleges Breach of User Data

Australia Sues Facebook, Inc. (NASDAQ:FB), Alleges Breach of User Data

Australia Sues Facebook, Inc. (NASDAQ:FB), Alleges Breach of User Data The Australian privacy regulator filed a lawsuit against Facebook Inc accusing the social media giant of sharing the personal details of more than 300,000 people with political consultant Cambridge Analytica without their knowledge. In the Federal Court lawsuit, the Australian Information Commissioner accused Facebook of […]