Month: August 2020

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Big tech could be about to make a big splash. Four of the market’s five biggest stocks report earnings within a single hour on Thursday afternoon and that could cause big volatility in after-hours trading and again on Friday.  Apple, Amazon, Alphabet and Facebook — worth
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What in store for American Airlines (NASDAQ:AAL) post-pandemic? Sure, a rapid comeback in AAL stock is possible. But, compared to other airline plays, it faces a tougher road ahead. Source: GagliardiPhotography / Shutterstock.com How so? Firstly, one could argue that low-cost carriers like Southwest (NYSE:LUV) are better airline recovery plays. Secondly, the airline faces more
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Healthcare is expensive. In addition to rent or mortgage payments, healthcare costs can be one of the biggest monthly budget items for many individuals. Paying medical bills can be a financial burden and a significant challenge. To help consumers address this challenge, a variety of well-known lenders and healthcare companies–including GE Capital, JPMorgan Chase, CitiGroup,
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As expected, General Electric’s (NYSE:GE) second-quarter earnings were dismal, sending GE stock lower by 4.35% on July 29, the day the report was delivered. Source: Sergey Kohl / Shutterstock.com The industrial conglomerate lost 15 cents a share in the June quarter though revenue of $17.75 billion beat Wall Street estimates of $17.12 billion. Although revenue
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Donald Trump has vowed to ban TikTok, the Chinese-owned video-sharing app, from operating in the US as his administration finalised a national security review of the company. The move, announced by Mr Trump as he flew back to Washington from Florida on Friday night, is likely to further inflame geopolitical tensions with China. It also
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Warren Buffett, chairman and CEO of Berkshire Hathaway David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway this week again added to his already-enormous stake in Bank of America at a time when the coronavirus pandemic dampens the economic outlook and interest rates hold near record lows. A Securities and Exchange Commission filing showed Buffett’s
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