News

On Saturday afternoon, President Donald Trump signed an executive order to give COVID-19 related aid to the nation after negotiations stalled on Friday evening. What Was Ordered: The aid cuts weekly unemployment aid to $400 per person, down from the $600 aid in the first-aid package. States...

Biotech stocks advanced in the week ended Aug. 7, buoyed by multiple catalysts. Aside from the broader market strength, mostly positive earnings and continuing coronavirus treatment/vaccine news flow supported the move to the upside. Novavax, Inc.'s (NASDAQ: NVAX) stretched valuation got...

What Happened: Joe Biden may have accidentally disclosed the future plans for General Motor Inc.’s (NYSE: GM) Corvette in his campaign ad. The ad was posted on Biden’s Twitter account on Wednesday in which he spoke about his passion for driving and the prospective market dominance...

Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) released its second-quarter earnings on Saturday morning and its profit margins were up by 87% from last year. It's a great turnaround for the company, which reported a huge first-quarter loss. The rise in profit margin can be attributed...

Insider buying can be an encouraging signal for potential investors during periods of uncertainty. A notable activist investor added to his stake in an old-school tech company. Health care tech companies saw some insiders buying last week. Conventional wisdom says that insiders and 10% owners...

Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. What Happened: Amid mounting pressure from the U.S. government, the suppliers of Huawei’s HiSilicon Chip division have started to distance themselves...

Tommy Chong is an undisputed symbol of the cannabis culture and has been one for forty years, since the debut of his movie saga with Cheech Marin, “Cheech & Chong.” In fact, if you were to ask any cannabis consumer which celebrity is the face of cannabis, most would probably name...

On CNBC's "Options Action," Tony Zhang said that 2020 is going to be a turnaround year for Cisco Systems, Inc. (NASDAQ: CSCO). He thinks that the stock is currently fairly valued, but he expects it to break out $48 on earnings. The company is going to report on August 12. Zhang said...

Two big pieces of news hit the education market recently, both in the for-profit college sector. On July 29, Strategic Education Inc (NASDAQ: STRA) bought schools and education programs operating in Australia and New Zealand from Laureate Education Inc (NASDAQ: LAUR) for $643 million in cash. The...

This presentation from Options AI Financial LLC is from Benzinga’s Virtual Options Boot Camp that took place on July 31, 2020. Options AI’s platform doesn’t look like your average trading platform.  Typically, with most traditional brokerage trading platforms, users need to...

In a week where markets were up, cannabis stocks were mostly declining. The week started off on a good note, with GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) and Greenwich Biosciences Inc. jointly announcing FDA approval for Epidiolex for the management of seizures related to tuberous sclerosis...

Earlier this year, mortgage rates dropped below 3% for the first time in more than 50 years. Despite economic downturn, many Americans are in the market to buy or sell a home. As long as T-bill rates remain low, mortgages will likely be affordable. Even before the COVID-19 outbreak, mortgage...

Digital brokerages have dominated headlines in recent years, but some old standbys continue to perform. And for some of them, like XPO Logistics (NYSE: XPO), the idea that digital brokerages represent a new way of moving freight masks the fact that many traditional brokerages have remained at the...

Gold prices have been on a tear in 2020, but Iamgold Corp (NYSE: IAG) shares lost 5.75% Friday after the company received a Wall Street double downgrade in the middle of a bull market for gold.  The Iamgold Analyst: Bank of America analyst Michael Jalonen downgraded Iamgold from Buy to...

The Oakland Athletics this week struck back against opponents of a proposed ballpark with a lawsuit of its own. Oakland A's President Dave Kaval said in a series of 16 tweets that the ballclub filed suit against California's Department of Toxic Substances Control (DTSC) in Alameda County Superior...