If you are looking for the best ideas for your portfolio you may want to consider some of Wedgewood Partners top stock picks. Wedgewood Partners, an investment management firm, reduced its exposure to Apple Inc. (NASDAQ:AAPL) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed its […]...
As people look to return to travel, the disinfection of airplane cabins are a top concern. Karl G. Linden, Ph.D., BCEEM Professor of Environmental Engineering, University of Colorado at Boulder joins Yahoo Finance's The First Trade to discuss what airlines are currently doing to ensure safety.
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New details have emerged about an anonymous short seller report on Chinese coffee chain Luckin Coffee Inc, including the potential author and the methods used, The Wall Street Journal reported.The Luckin Short Report: Multiple notable short sellers received an anonymous e-mail tip in January, noting "a new generation of Chinese Fraud 2.0 has emerged."The e-mail suggested Luckin Coffee is engaging in fraud and cited firsthand checks of more than 1,500 individuals at 15% of Luckin's more than 4,000 stores in China, WSJ reported. The anonymous short report concluded that Luckin inflated its sales figures after analyzing and compiling firsthand accounts, customer receipts and more than 11,000 hours of video.Luckin executives acknowledged the fraud and said it relied on a few company insiders and workers.The stock was scheduled to be delisted from the Nasdaq exchange as of Monday morning.The Luckin Short Report Author: Sources familiar with the matter told WSJ the short...
On Monday, major U.S. airlines including American, Delta, JetBlue, Southwest and United, agreed to new health protocols that all passengers must follow. Helane Becker, Senior Research Analyst at Cowen Securities, joins Yahoo Finance's The First Trade to discuss the future outlook for airlines after they took a major hit from COVID-19. ...
Nick Shields, Senior Analyst at Third Bridge, joins The First trade to discuss the states of malls as some reopen amid continually rising cases of coronavirus. ...
