What’s Up With the Housing Market?
Demand for housing has increased to levels higher than were present before the COVID-19 pandemic hit the United States.
All Work
Paul Ausick
How App Store Drama Threatens Apple Stock
The European Commission has opened three investigations into Apple's business practices, and a U.S.-based software firm has complained about those same practices.
2020 Sports Coronavirus Ticket Market Losses Could Be as High $17B
Losses to professional team owners and big-time college athletic programs could rise to as much as $17 billion as a result of the COVID-19 pandemic.
Chesapeake Energy Stock May Soon Be Worthless
A new week means new speculation about when Chesapeake Energy will file for bankruptcy. If anonymous sources are to be believed, the reckoning is only days away.
EU Targets Apple App Store for Antitrust Violations
The European Commission on Tuesday announced three probes into Apple's requirements for how app developers must pay for in-app purchases and how they are not allowed to offer their apps at different prices elsewhere.
No Deal for Grubhub, More Pain for Uber Stock?
The much-discussed acquisition by Uber of food delivery competitor Grubhub did not happen. Wall Street had viewed the bid for Grubhub as a winning move for Uber.
How Long Will AMD, Nvidia Stock Travel in Tandem?
Nvidia’s acquisition of Mellanox could be a game changer in its rivalry with AMD.
United Airlines Expects to Add $9.5 Billion to Cash to Survive COVID-12 Pandemic
United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
How Rising Overall Online Sales Could Affect Amazon Stock
What may give investors pause is whether Amazon will continue to dominate online retail sales following the wider adoption of online shopping resulting from the COVID-19 pandemic and the stay-home orders.
BP Warns of Q2 Charge of Up to $17.5 Billion
British oil and gas giant BP announced Monday that it would take a second-quarter write-off of some $13.0 billion to $17.5 billion due to the near- and long-term impacts of the COVID-19 pandemic.
US Consumer Sentiment Climbs Higher in Preliminary June Survey
The University of Michigan Survey of Consumer Sentiment rose for the second month in a row, according to the early June report.
US Need for Housing Market Backstop Drives Fannie Mae Stock
Investors are worried that pressure on the balance sheet of Fannie Mae and delay its exit from conservatorship. Yet, some optimists think its shares are underpriced and have plenty of long-term upside.
Energy Pipeline Companies Get Negative Outlook From Moody’s
Moody's Investors Service has revised its outlook for energy midstream companies from stable to negative. The first time the firm has lowered its outlook on the sector.
How a New California Ruling Will Affect Lyft Stock
A new California Public Utilities Commission ruling on Thursday does not favor Lyft and its competitors. What's next?
Can Betting the Company on an F-150 EV Electrify Ford Stock?
Ford's F-150 has been the best-selling vehicle in the United States for decades. The pickup is getting a makeover for the 2021 model year and will debut as an electric vehicle in mid-2022.
When Will the Headwinds on Boeing Stock Lighten Up?
When Boeing reported monthly order and delivery totals on Tuesday, there was little good news. That is down to the grounding of the 737 Max and the impact of COVID-19 on the airlines that…
How 5G Moves Could Boost AT&T Stock in the Short Term
The race to build 5G wireless networks has heated up over the past year or so. AT&T is betting that its stock price will get a large enough boost from 5G to keep paying…
Short Sellers Pull Out of Alt Energy, Mixed on Solar
Short interest in solar energy stocks was mixed during the two-week reporting period that ended on May 29. Short interest in alt energy stocks dropped across the board, however.
Short Sellers Don’t Fight the Surge in Oil and Gas Stocks
Short interest in oil and gas stock mostly declined in the two-week period that ended May 29. Rising crude oil prices get the credit.
CEO Turnover Jumps in May
Following April's record low turnover rate, the number of CEOs who left their jobs in May rose by 73%. The government/nonprofit sector was especially hard hit.