Skype's latest update uses AI to make group calls less awkward
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Skype's latest update uses AI to make group calls less awkward
Back in July, Microsoft added a feature called Together Mode to its Teams workplace messaging app. The tool uses an AI-powered segmentation technology to put everyone in a video call in the same virtual space. Even if you don’t use Microsoft Teams, you’ve probably seen Together Mode in action. The NBA turned to the feature when it tried to recreate the atmosphere of a packed arena without any fans physically present. It’s quickly become one of the app’s marquee features, and, as The Verge points out, it’s now making its way to Skype.
With the latest version of the app, you, your friends and family members can pretend you’re all in the same place — provided there are at least five participants in the call and everyone has access to a webcam. The nifty thing here is you don’t need Skype installed on your computer to take advantage of the feature. You can access it through the platform’s web client, and as long as one person has an account, they can invite everyone else through a Meet Now link.
Together Mode isn’t the only enhancement Microsoft is adding to Skype. When you update the app, you’ll also find a new grid mode feature that allows you to see every webcam stream at the same time. You’ll also find additional backgrounds, alongside the usual assortment of bug fixes. You can download Skype 8.67 on Windows, Mac and Linux.
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TipRanks3 Stocks Flashing Signs of Strong Insider Buying
Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to profitability. Shareholders want a return on investment, Boards of Directors want accountability, and company officers are held to both standards. So, when they start buying up their own company’s stock, it’s a sign that investors should investigate further.Government regulators, in an effort to level the informational playing field, have required that insiders regularly publish their stock transactions, making it a simple matter for investors to follow them. Even better, TipRanks collates the information in the Insiders’ Hot Stocks page, and provide tools and data filters to easily browse through raw data. We’ve picked three stocks with recent informative buys to show how the data works for you.Del Taco Restaurants (TACO)We’ll start with the popular Del Taco, the California-based taco chain. Del Taco boasts a $344 million market cap, over 600 restaurants, and a loyal fan base, giving it a solid foundation in the fast-food franchise market. Most of the company’s locations are west of the Mississippi, but the company has been making inroads to the eastern US.Like many brick-and-mortar, traffic-dependent businesses, Del Taco has had a hard year. The coronavirus crisis had dampened traffic, social and economic lockdown policies have reduced income streams. The company has started to recover, however. After heavy net losses early in the year, EPS has returned to positive numbers, and revenue in Q3, $120 million, was up more than 15% sequentially. The share price, which fell by two-thirds at the height of the economic crisis last winter, has regained its losses. TACO is now trading up 17% for the year.The insiders are bullish on the stock. The most recent purchase, helping tip the sentiment needle into positive territory, is from Board member Eileen Aptman, who bought up 88,952 shares, shelling out over $650,000. Wedbush analyst Nick Setyan covers Del Taco, and he rates the shares an Outperform (i.e. Buy). His $13 shows the extent of his confidence, indicating room for 40% upside growth. (To watch Setyan’s track record click here)Backing his stance, Setyan wrote, “We believe TACO's current valuation is predicated on an overly pessimistic assessment of its medium- to long-term fundamentals in a post-COVID QSR environment… Even with what we believe are conservative comp, unit growth, and margin assumptions through 2022, we estimate 12% EPS growth in 2022. We estimate 1% of incremental comp would equate to $0.04-0.06 in incremental EPS and every 10 bps of incremental margin equates to $0.01 in incremental EPS in our model.”Overall, there is little action on the Street heading Del Taco's way right now, with only one other analyst chiming in with a view on the stock. An additional Hold rating means TACO qualifies as a Moderate Buy. The average price target is $11, and implies a potential upside of ~19%. (See TACO stock analysis on TipRanks)CuriosityStream (CURI)Next up is CuriosityStream, an online video streaming channel in the educational segment. CuriosityStream specializes in factual video content, and offers services by subscription. The channel claims over 13 million subscribers globally. Its founder, John Hendricks, first gained fame creating the Discovery Channel, a similarly themed cable TV channel, in 1985.CuriosityStream is new to the public markets, having IPO’d earlier this year through a merger with Software Acquisition, a special purpose acquisition company (SPAC) formed as a ‘blank check’ company to make the deal. It’s no surprise to see insiders make large purchases in new stocks, but the moves on CuriosityStream deserve note. John Hendricks made three large purchases earlier this month, buying up blocs of 15,473 shares, 26,000 shares, and 11,684 shares over a four-day period. Hendricks paid $473,561 for the new shares.Covering the stock for B. Riley, analyst Zack Silver wrote, “We see CURI as well positioned to capitalize on the burgeoning global streaming market by establishing itself as the go-to factual programmer for the post pay TV era. CURI's subscription video-on-demand (SVOD) service is differentiated not only by the sheer volume of curated factual titles available on the platform but also by its compelling price point… we expect that CURI’s strategy of monetizing its content through multiple revenue streams will enable a more efficient path to scale…”Silver rates the stock a Buy, and his $16 price target implies a 40% one-year upside. (To watch Silver’s track record, click here)CURI has a Moderate Buy analyst consensus rating based on 2 recent Buy reviews. The average price target is $14, suggesting this stock has room to grow ~23% from the current trading price of $11.50. (See CURI stock analysis on TipRanks)Allegheny Technologies (ATI)Last but not least is Allegheny Technologies, a metallurgy company based in Pittsburgh, Pennsylvania. Allegheny has two business segments: High Performance Materials & Components, which specializes in titanium-based and nickel-based alloys, and Advanced Alloys & Solutions, which includes stainless and specialty steels, electrical steels, duplex alloys, and zirconium, hafnium, and niobium alloys. The company’s metal technology is used in the electrical industry, automotive sector, aerospace, and in oil & gas production.Allegheny’s revenues and shares are down this year, as the company has been buffeted by the corona crisis. Disruptions in supply chains, distributions networks, and customer orders have all had a negative impact, as have social and economic shutdown policies. Quarterly revenues have fallen by 37%, from $955 million in Q1 to $598 million in the third quarter. 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Is Apple Stock a Buy Heading Into 2021? This Is What You Need to Know
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FedEx Freight, meanwhile, posted a 13% operating margin, its best fiscal second-quarter margin performance in 15 years.Instead, analysts focused on the dragging tail: the disappointing margin results from FedEx Ground. Ground operating margins improved 110 basis points, while operating income improved 61% year-over-year. Yet a 7.5% margin rate — 10% for additional revenue and income gained in the quarter — did not sit well with analysts and investors who hoped margins would land in the mid-teens range. The unit is the subject of much investor scrutiny due to the increasing relevance of e-commerce fulfillment, and the massive investments being funneled into it to make business-to-consumer (B2C) deliveries more profitable.Deutsche Bank's Amit Mehrotra noted some positives about FedEx Ground's results, such as a 7% increase in yields. However, Mehrotra took the company to task as much for its inability to strongly communicate a path forward on margins as on the results themselves. FedEx, he said, "should be in a position to give more clarity and confidence around Ground's margin trajectory."With FedEx's U.S. parcel mix shifting permanently toward ground residential deliveries, the company "should be in a position to offer a mid/long-term framework on how to overcome margin pressures and show long-term improvement," Mehrotra said. Share price growth, he said, will depend on management's persuasive powers. Mehrotra has a "buy" rating on FedEx shares with a $318-a-share price target over the next 12 months.Morgan Stanley's Ravi Shanker was more unsparing in his comments. Ground revenue growth was strong but only in line with the firm's estimates, Shanker said in a note. Margins, meanwhile, were 13% below Shanker's forecasts, and represented the unit's third-lowest margin ever.Shanker said he was surprised by the subpar margin performance, and said it may trigger a broad investor rethink of the company's near-term prospects, especially as it now confronts ever-higher investor expectations. FedEx "continues to ride the momentum from current conditions, but the bar is now much higher as well, and the [revenue and earnings] beat was most likely not enough," he said.Shanker's long-bearish views on FedEx and archrival UPS Inc. (NYSE: UPS) ran into a brick wall during 2020 as both companies posted stellar share gains. Yet the analyst remains steadfast in his opinion that FedEx's best days are behind it, at least for now. "It is hard to determine how much longer the sun will continue to shine on FedEx, but it is clear that at some point, it will set," he wrote.View more earnings on FDXA source close to the company, who asked not to be identified, said Wall Street was expecting more than what analysts had built into their forecasting models given the high profile attached to e-commerce throughout the pandemic and into the peak holiday shipping season. "More than anything, investors want a Ground business that can grow margins and revenues from the e-commerce secular opportunity. While both happened they expected more on margins," the source said. Based on the tenor of comments made on the post-earnings call with analysts, "management thinks they can do better as well," the source said.Indeed, much of the dialogue focused on the outlook for Ground margins. The unit continued to invest heavily in labor and infrastructure to manage surging volumes. Yet the continued investments may compress margins for at least a quarter and maybe longer. New CFO Mike Lenz would not comment on whether the unit has troughed on margin levels, though he and other executives on the call said the performance should improve from here.Cost spikesHenry Maier, FedEx Ground's president and CEO, said the unit's cost volatility spiked in the quarter due to the pandemic and the approaching peak period. For example, facilities came online much later than usual due to permitting and construction delays as virtually all government offices were closed for months through the spring and summer, Maier said. The unit is hiring a record number of package-handlers, which will drive up costs because the workers need to be trained on equipment and systems across an expanded physical network. In addition, the unit pulled forward peak payments to its vast network of independent contractors to help them adjust to unprecedented volume increases. FedEx Ground uses contractors who oversee the unit's drivers, who are not FedEx employees. "All of these things are higher-than-normal operating expenses associated with peak preparation than we normally incur" during FedEx Ground's fiscal second quarter, Maier said.The unit's ace in the hole may be its seven-day-a-week delivery operations that it operates without any outside alliances. The expanded operation is designed not only to offer a higher level of service but to provide network fluidity that should drive down costs over time. The year-round service now serves 95% of the U.S. population, according to company data. FedEx said it will ramp up its IT investments and will work with customers to forecast load-planning with more precision. In a significant effort to improve package density, FedEx has migrated into its network most last-mile parcel traffic, known as SmartPost, that it once tendered to the U.S. Postal Service. FedEx has not commented on whether all that business has switched over, as was the original plan.According to Maier, the ability to "sweat the assets" over a seven-day workweek led to a 15% decline in FedEx Ground's average cost per stop in the quarter over the same period in FY 2020. The in-sourcing of SmartPost traffic has reduced fixed costs per package by 9% year-over-year, Maier said. On average, FedEx Ground is delivering 25% to 30% of its volumes a day early, Maier said. The typical package now spends about 2.4 days in transit through the network, Maier said, a faster journey than at the same time last fiscal year despite all the volume challenges it has faced during 2020.FedEx's Ground's infrastructure future lies in small automated satellites and stations designed to support overnight last-mile deliveries, Maier said. The facilities can go up faster and cheaper because it only involves modifying existing structures, Maier said.But the holy grail, Maier said, involves no physical infrastructure at all. It involves the ability to load origin packages directly into a vehicle for delivery to a neighborhood, thus bypassing destination facilities for re-sorting, he said. "We're always going to have brick and mortar in our business," he said. "But many of the transformational initiatives ... are intended to give us better real-time information about what's coming so we can make decisions that reduce our input costs."See more from Benzinga * Click here for options trades from Benzinga * US Offers Vaccine Makers Supply Chain Support As Delivery Tempo Increases * No Dry Ice Shortage, FedEx And UPS Say(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
13h ago - Barrons.com
Intel Stock Sinks on Report Microsoft May Build Own Chips for Azure Servers
A report said Microsoft is working on developing its own microprocessors for servers used in its Azure cloud service and possibly for its Surface personal computers.
12h ago - Investor's Business Daily
Dow Jones Futures Rise On Nike Earnings, Bank Stock Buybacks, Moderna Vaccine Approval; Tesla Stock Keeps Moving
Dow Jones futures rose late Friday on strong Nike earnings and the Fed approving bank stock buybacks, sending JPMorgan and others soaring. Tesla kept moving.
9h ago - Investopedia
When to Take Social Security: The Complete Guide
How to decide whether to start collecting your retirement benefits at age 62, at your normal retirement age, or even later.
2d ago - TipRanks
2 Big Dividend Stocks Yielding 8%; Wells Fargo Says ‘Buy’
Step back, take a look at the bigger picture. The markets are up this week, with gains in all three main indexes amid optimism over a coronavirus stimulus bill.At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is that really the best play? Analysts from Wells Fargo are pointing out stocks with sky-high dividend yields from companies that have also demonstrated their commitment to keeping the payout reliable.This type of high-yield reliable dividend payer is generally seen as a defensive portfolio move, shoring up income streams during the fat times, to be ready for the lean. After the year we’ve just had, perhaps it’s time to take Wells Fargo’s advice, and get into some old-school portfolio protection. The TipRanks database sheds some additional light on two of Wells Fargo's picks – stocks with dividends yielding 8% – and that the investment firm sees with 15% upside or better.TC Pipelines LP (TCP)Starting in the energy industry, TC Pipelines is, as its name suggests, a player in the midstream sector. The company, through its subsidiaries, owns and operates a network of natural gas pipelines in the US and Canada, and is responsible for transporting as much as 25% of all the natural gas used in North America. The company’s network links northern British Columbia and Alberta with the Great Lakes region and the Appalachian gas regions, and extends to ports on the US Gulf Coast.TCP’s shares tumbled during this ‘corona crisis’ year, showing a 21% year-to-date loss. Revenues, however, have shown much lower volatility. The top line dropped 10% from the end of 2019 to its trough in 2Q20, and in Q3 bounced back to $99 million, a 4.2% sequential gain. Q3 earnings, at 90 cents per share, showed a 13% sequential gain and an 18% year-over-year gain. During the quarter, the company also reported paying out cash distributions totaling $47 million. This included the 65-cent dividend per common share, a payment that has been held steady for over two years. In the longer view, TCP has a 21-year history of dividend reliability. At the current payment, the dividend annualizes to $2.60 per share and yields 8.2%.Wells Fargo analyst Praneeth Satish wrote the review on TC Pipelines, saying, “TCP reported solid Q3 results. For the most part, flows and utilization levels have remained unchanged throughout the pandemic and expansion projects are largely on schedule/budget… We view the stock as fundamentally undervalued, given attractive yield, robust coverage and improved balance sheet.”In line with these comments, Satish rates the stock an Overweight (i.e. Buy) and sets a $41 price target that implies an upside of 35% for the year ahead. (To watch Satish’s track record, click here)The analyst consensus on TCP is not unanimous, but almost. The Strong Buy consensus rating is supported by 3 Buys against a single Hold. Shares sell for $30.39, and the average price target of $40.33 indicates an upside of ~33%. (See TCP stock analysis on TipRanks)Golub Capital BDC (GBDC)The second stock today is Golub Capital, a business development company in the middle market. Golub makes financing and lending solutions available to mid-market companies that might otherwise have difficulty accessing capital markets. Golub’s portfolio totals more than $30 billion in assets under management.The company saw a steep and deep share price loss last winter, when the corona crisis hit the economy. Shares remained depressed until the beginning of May, but since then have been rising slowly. Starting from the May 4 trough, GBDC is up 53%. Year-to-date, however, the stock remains down 17%.Quarterly results have been volatile this year. Q1 saw deep losses, Q2 saw a recovery, and Q3 showed a sequential drop-off to $98.1 million. EPS was solid, at 57 cents, a great improvement from the year-ago EPS loss of $1.02.Golub paid out its common share dividend at 29 cents per share in Q3, the third quarter in a row at that level. The company has a reliable payout history, going back over a decade, and a habit of adjusting the dividend payment to keep it sustainable. The current payment annualizes to $1.16 per common share, and gives a yield of 8.4%.Among the fans is Wells Fargo analyst Finian O’Shea. In his latest note on Golub, the analyst noted, “GBDC continues to see portfolio-level operating performance, constructive sponsor support, and improvement in those companies most affected by shutdowns as the economy reopens… In our view, GBDC is a high-quality Quartile 1 BDC with a shareholder friendly structure, strong asset quality, and scale through resources of the Golub Capital platform.”In line with these upbeat comments, O’Shea rates Golub shares an Overweight (i.e. Buy), and his $16 price target suggests the stock has room for 16% growth next year. (To watch O’Shea’s track record, click here)The Moderate Buy consensus rating on Golub comes from an even split between Buy and Hold reviews. The stock’s average price target is $16, matching O’Shea’s, and the current trading price is $13.75. (See GBDC stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
2d ago - Investopedia
Why GE Will Never Break Up
GE is the oldest component of the Dow Jones Industrial Average, having joined the index in 1896. Can it continue to thrive as a conglomerate?
15h ago - MarketWatch
The one instance when you should ignore Warren Buffett
A reader recently wrote to challenge my belief in diversification, citing a couple of accomplished investors who said, in effect, that anybody who diversifies an investment portfolio must be an idiot or a moron. If they are right, then I’ll plead guilty, because I’m a firm believer in diversification — both for myself and for almost all the investors I’ve helped over the past half-century as an adviser and educator. Diversification is one of the most important steps every investor should take.
20h ago - Benzinga
Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla
With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla's shares have been going up, beating every analyst's expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the end of this year. Tesla's automotive products include Model 3, Model Y, Model S, and Model X. Model 3 is a four-door sedan. Model Y is a sport utility vehicle (SUV) built on the Model 3 platform. Model S is a four-door sedan. Model X is an SUV.Tesla has changed the auto industry. But it isn't the only electric car manufacturer in the global market. Some of the large, established automakers are making fully electric, and hybrid-electric cars aiming to keep Tesla at bay and are getting ready to enter the automotive industry - to take a pie out of Tesla's growing business. Lucid MotorsEstablished in 2007, electric vehicle provider Lucid Motors is based in the state of California. The company develops software for monitoring individual battery cells, mechanical packaging, and controls for battery packs in plug-in vehicles, automobiles, and aircraft. Expected to launch in early 2021, its first model, the Lucid Air price, will start at $69,000. According to Bloomberg, the customer deliveries of the Lucid Air Dream Edition will be produced at Lucid's new factory in Casa Grande, Arizona, and will begin in the spring of 2021. The manufacturer has planned to open eight showrooms by the end of this year, out of which five showrooms will be in California. Peter Rawlinson, CEO of Lucid Motors, says the company has the technology, cash, and talent to compete with Tesla, and promises to change the world by bringing new electric vehicles into the market, CNBC reports. Nikola CorpBased out of Phoenix, Arizona, Nikola Corporation (NASDAQ: NKLA) designs and plans to manufacture hydrogen-electric trucks, targeting the commercial trucking market. With the hydrogen fuel cell technology, Nikola plans to build vehicles with similar benefits to electric vehicles. The advantage, which it's counting on, is that it will take less time to recharge the vehicle and will have a longer range. The company is a manufacturer of battery-electric and electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.Nikola's first model Nikola Tre semi-truck, a pioneer battery-electric semi-truck for the short-haul trucking sector, will be available to customers by 2021, the company claims.The vehicle manufacturer was founded by Trevor Milton in 2015. Interestingly, he named the startup after Nikola Tesla, taking the famous inventor's first name, as the last name was already taken by Elon Musk.Recently Nikola has been in the news for all the wrong reasons, which could hinder its progress in terms of getting further investment and growth. According to short-selling firm Hindenburg Research, the company was misleading its investors about its electric vehicle technology. According to Bloomberg, The Schall law firm has announced a class-action lawsuit against Nikola in connection with false and misleading information about the company's technology. Nikola has denied the accusations and said the information was baseless. Milton resigned in September following the allegations.NIO IncNio Inc - ADR (NYSE: NIO) is a Chinese automobile manufacturer specializing in designing and developing electric vehicles.The company, which was launched in 2014, is headquartered in Shanghai. NIO is one of the top Chinese companies in the EV segment founded by a Chinese entrepreneur William Li. NIO's vehicles are large battery-powered SUVs. What makes NIO's cars different from others is its subscription purchasing model to simplify the ownership of the battery part. It offers to lease it, and if updated batteries are released, you can have them fitted in your car. It also provides a three-minute battery swap-out service, which it calls BaaS. Talking about NIO's revenue, the Q3 numbers reached $666.60 million, a 146.4% gain, by the end of September 2020. The gross profit rose 87.1% sequentially to $86.30 million. The company's stock position in the market is also noticeable as it announced the completion of the offering of 101,775,000 American depositary shares in September. The company is planning to use the net proceeds to repurchase equity interests, reports Yahoo! Finance. NIO started the deliveries of its electric SUV in 2018 and the 6-seater ES8 in 2019 in China. It officially launched the EC6 electric coupe SUV in 2019. Rivian AutomotiveCalifornia-based Rivian Automotive, founded in 2009, offers lightweight and aerodynamic platform cars, SUVs, and trucks. With investment from Amazon.com, Inc. (NASDAQ: AMZN) and Ford Motor Company (NYSE: F), Rivian is set to deliver its two electric vehicles, RT1 pickup truck and R1S SUV by mid-2021 with the price range of around $67,500, TechCrunch reported. The company has committed to 100,000 electric delivery vehicles to Amazon by 2030 as a part of the e-commerce giant's Climate Pledge. In a recent statement, Rivian has said that it will make its hands-free driver assistance system standard in every vehicle it builds. The driver assistance system will automatically steer, adjust speed, and change lanes on command. The vehicles will have a driver-monitoring system with a cabin-facing camera helping the drivers for a better driving experience. Rivian raised $2.5 billion in early 2020 to strengthen its electric vehicle market position and beat Tesla and Nikola, CNBC has reported. The company recently went through a bumpy ride, as it received criticism from Michigan auto dealers for selling vehicles directly to the customers, which Tesla has already been doing.FiskerFounded by Henrik Fisker in 2016, California-based Fisker Inc (NYSE: FSR) focuses on creating luxury plug-in hybrid electric vehicles. Fisker's first model, The Ocean, is an all-electric SUV expected to begin production in 2022. The Ocean will be available to consumers through a leasing package, optimized for driver convenience and accessibility. Its starting price is $37,499, and it has a long driving range up to 300 miles.With a focus on solid-state battery technology, Fisker aims for smaller battery packs and faster charging times.The automotive designer Henrik Fisker has been in the electric vehicles business for more than a decade. Back in 2012, Fisker designed an ultra-luxury electric car called the Fisker Karma. He later stopped the production and sold assets to a Chinese firm after its battery supplier A123 Systems filed for bankruptcy. The company plans to launch three new electronic passenger vehicles by 2025, including a sports sedan based on the EMotion concept, a sports crossover, and a pickup truck.Fisker claims it will deliver each vehicle with platforms, battery packs, and component systems.XpengHeadquartered in China, Xpeng Inc - ADR (NYSE: XPEV) is China's leading smart electric vehicle company. It designs, develops, and manufactures smart vehicles that are integrated with advanced Internet, AI, and autonomous driving technologies. In China, the Xpeng vehicles are considered to be an alternative to Tesla models. Founded in 2015, the current market valuation of the company is around $35.3 billion. In August, the company raised $1.5 billion in its IPO in the US. Xpeng has announced that it is going to implement LiDAR senses into its cars. It says it will improve its next-generation autonomous driving architecture with the vehicle's high-precision object recognition performance. New vehicles will be produced with upgraded hardware, HD cameras, millimeter-wave radars, ultrasonic sensors, Lidar, high-precision positioning, and mapping systems powered by a high-performance computing platform. Tesla sued its former engineer in 2019.for allegedly stealing the Autopilot program secrets and using them at Xpeng. The former employee later admitted to uploading its code to his iCloud.In September 2020, for the first time, Xpeng exported its vehicle outside its home country China. It entered the Norway market with G3 electric SUVs, marking the beginning of the competition with Tesla in Europe.Image: Courtesy of Lucid MotorsSee more from Benzinga * Click here for options trades from Benzinga * UK Braces For Pfizer COVID-19 Vaccine Rollout, Calls It 'Biggest Civilian Logistical' Effort(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
1d ago - Oilprice.com
Tesla’s 1,000% Stock Price Explosion Isn’t About Electric Cars
The Tesla boom has caught the attention of every trader on the market, but the real story here is far bigger than just Elon Musk’s EV giant - it is about the future of transport
1d ago - TheStreet.com
5 Best REITs to Buy for 2021
Real estate investment trusts, or REITs, are among the industries most looking forward to closing the book on 2020. The pandemic led to store closures and stay-at-home orders across the country, which had a devastating impact on REITs. The following five REITs performed relatively well throughout 2020, maintaining strong occupancy thanks to their recession-resistant business models.
2d ago - Barrons.com
The Fed Just Said Banks Could Buy Back Stock Again. JPMorgan and Goldman Sachs Are Soaring.
The Federal Reserve’s latest stress-test results are out, and if the stock market is any indication it looks like many large banks passed.
12h ago - TechCrunch
Wish (and Airbnb, and Palantir) investor Justin Fishner-Wolfson doesn't care about first-day pops
It's probably no wonder that when Founders Fund was still a very young venture firm 13 years ago, it brought aboard as its first principal Justin Fishner-Wolfson. Having nabbed two computer science degrees from Stanford and spent two years as CEO of an organization that provides asset management services to the school's student organizations, Fishner-Wolfson wasn't shy about voicing his opinions at the venture fund. In fact, he says Founders Fund made a much bigger bet on SpaceX than it originally planned because he pushed for it.
3h ago - MarketWatch
7 tips for ‘passive income’
Not long ago these were the perfect low-risk, sleep-at-night retirement investment. Treasury inflation-protected securities are Treasury bonds whose interest payments effectively adjust to compensate for rising inflation. Right now TIPS offer inflation minus.
20h ago - Investor's Business Daily
Gold Rebounds On Weak Dollar, But Jan. 5 Will Be Key
Does buying gold stocks, or betting on the gold price, make sense, despite vaccine progress? The outlook for gold stocks and the gold price could hinge on two Jan. 5 Senate runoffs in Georgia.
2d ago - Bloomberg
Musk Adds $9 Billion to Fortune as Tesla Set to Join S&P 500
(Bloomberg) -- Elon Musk’s personal fortune hit a new high Friday as Tesla Inc. prepares to make its debut in the S&P 500 Index.A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires Index. The 49 year-old entrepreneur has added $139.7 billion this year, an amount that exceeds the total net worth of anyone else on the planet other than Amazon.com Inc. founder Jeff Bezos. Bezos, for now, tops the wealth index with $187.3 billion.Tesla shares have soared 731% this year, closing at a record $695 on Friday. Most recently, they’ve gained on expectations that inclusion in the S&P 500 would spur a new round of buying. The stock has climbed 70% since inclusion was announced in November.Read more: Hungry Index Funds Cram Tesla Into the S&P 500 at a Record HighMusk is the most prominent in a range of electric-vehicle entrepreneurs who have seen their fortunes jump this year, spurring a raft of new entrants. At least 15 electric vehicle companies have been taken public or announced listings in 2020.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
12h ago
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