Russell Reconstitution: financial, energy sectors most at risk: Michele Schneider

Alphabet (GOOG) Is Buying Back More Stock

If you are looking for the best ideas for your portfolio you may want to consider some of Tao Value's top stock picks. Tao Value, an investment management firm, is bullish on Alphabet Inc. (NASDAQ:GOOG) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed its investment […]...

3 Cruise Stocks to Buy as the World Returns to Normal

Cruise stocks have been on a wild roller-coaster ride in 2020.First, the big drop. Then, the big rebound. Most recently, another big drop, on fears that a "second wave" of the novel coronavirus is emerging across the U.S.What comes next?InvestorPlace - Stock Market News, Stock Advice & Trading TipsA big and sustainable rally, meaning now is the time to buy cruise stocks.The logic is simple. Over the past few weeks, we've had: 1) arguably the most controversial filmed police killing of all time, 2) tons of protests and riots across the country, including some that have turned violent and forced store closures and 3) a sharp uptick in confirmed coronavirus cases across several states.Through it all, the U.S. economic recovery has persisted. Consumer mobility has increased. Restaurant and store foot traffic has improved. Consumer search interest in all things travel related has only grown. Overall economic activity has sustainably perked up....

Nasdaq to suspend trading of Luckin Coffee shares from Monday

Shares of the Chinese company, which was served with two de-listing notices over the last two months, tumbled 35%. The Nasdaq's reasons for delisting include public concerns raised by the fabricated transactions, company's failure to disclose material information and to file its annual report. The stock exchange will file a Form 25 notification of delisting, when all appeal periods have expired, Luckin said in a statement....

American Airlines warns flights may be more crowded in July

The announcement comes before a meeting between the chief executives of major U.S. airlines, including American, and senior U.S. officials, including Vice President Mike Pence, at the White House to discuss several virus-related travel issues and to press for government-administered temperature checks for airline passengers. U.S. airlines are bleeding cash as travel suffers in the pandemic and some have warned capping seats sold on each flight to allow for more space between passengers is not viable. American previously limited its seating capacity at 85% on each flight, or roughly 50% of the main cabin middle seats....