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If there's any company that can demonstrate the value of diversification in a period of unprecedented economic turmoil, Microsoft Corporation (NASDAQ: MSFT) is arguably one of them.Like most businesses, the software giant took a few sharp hits to some of its core segments during the COVID lockdown earlier this year. But in the end, other segments in MSFT's vast portfolio of services propelled the company to big growth in its fiscal Q3 reported in April, likely stunning analysts and investors expecting positive yet tempered results. As MSFT CEO Satya Nadella told analysts in last quarter's conference call, the COVID-19 pandemic brought "two years' worth of digital transformation in two months."Although nobody can really say just how long the pandemic will last, we do know that it's radically reshaping the way people 'work' and how businesses 'live.' And to this, Nadella boldly claims that MSFT is "the only" one-stop solution to help...
Rapidly accelerating the turnover of the existing fleet to the newest generation of diesel technology as well as expanding the use of low-carbon advanced biofuels can deliver benefits today, and should not be overlooked. ...
Every investor in eXp World Holdings, Inc. (NASDAQ:EXPI) should be aware of the most powerful shareholder groups......
If you want to know who really controls Exelixis, Inc. (NASDAQ:EXEL), then you'll have to look at the makeup of its......
(Bloomberg) -- Evolution Gaming Group AB’s top shareholder Richard Livingstone is selling stock worth as much as 5.91 billion kronor ($658 million) in the Swedish company, according to deal terms reviewed by Bloomberg.The British billionaire, who currently owns a 16.4% a stake, is selling 8.5 million shares in an accelerated offering via Morgan Stanley, according to the terms. Evolution Gaming, one of the world’s biggest online casino platforms, closed at 695 kronor on Monday, bringing the stock’s gains to 140% this year.A number of large shareholders have taken advantage of rebounding equity markets to book a profit from so-called lockdown winners, or businesses that have thrived as a result of stay-at-home measures to contain the coronavirus pandemic.The company, which last month made public an offer to buy its smaller rival NetEnt AB in a deal worth $2.1 billion, has benefited more than most from months of lockdowns across much of the...
Polen Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. During the second quarter of 2020, the Polen Global Growth Model Portfolio returned 20.58% gross of fees, while the MSCI All Country World Index was up 19.22%. You should check out Polen Capital’s top 5 stock picks […]...
Second quarter earnings season is upon us, and Wall Street watchers are focused on the results. Weighing in after looking at the initial results, investment firm RBC describes the earnings season as ‘pivotal.’ After the grim results in Q1, investors are hoping for better earnings in Q2, but are girding themselves for the possibility of downward revisions.But for now, at least, the results have been, in RBC words, ‘less bad than feared.’ The firm notes that 56% of the revisions to EPS estimates so far for 2020 and 2021 have been upward. It’s a welcome positive sign, especially considering indicators that economic activity is faltering while COVID cases are rising. Restaurant bookings have stalled, and public transit activity is inconsistent at best. It’s important to remember that Q2 saw lockdowns in April, reopenings in May, and the signs of a feared ‘second wave’ in June.In the mid-term, RBC’s analysts believe that...
