April 2, 2020
5 Companies In Industries That Could Define Our Future
The silver lining of economic recessions is they can often give birth to new technologies and ways of doing business.
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March 31, 2020
Zoom Shares Drop As New York Attorney General Looks Into Company’s Privacy, Security Practices
The shares of Zoom Video Communications ZM 3.85% dropped 6.14% lower at Monday’s close compared to the day’s open at $160.76.The drop came as the New York Times reported that the office of the New York Attorney General is probing the company’s data privacy and security practices.
March 30, 2020
Saudi-Russia Rift Amid Pandemic Drive Crude Oil To 17-Year Low
Oil prices fell dramatically on Monday, reaching their lowest levels since November 2002 as Saudi-Russia fail to agree on the scale of production and the coronavirus pandemic strangles demand.
March 26, 2020
The 2008 Playbook Suggests We Haven’t Seen The Market Bottom Yet
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March 23, 2020
SoftBank $41B Buyback Sends Stock Soaring
SoftBank Group Corp’s SFTBY directors have approved a plan to repurchase shares totaling 4.5 trillion yen or $41 billion, leading to the company’s stock registering the biggest daily gains in 12 years.
March 19, 2020
Gold ETFs Betray Safe-Haven Reputation In March Market Meltdown
The VanEck Vectors Gold Miners ETF GDX plunged nearly 23%, bringing its month-to-date loss to 32.67%. That after gold notched its biggest one-day rally since 2016 on Tuesday.
March 18, 2020
Chinese Micro-Lender Qudian Falls Following Disappointing Q4, CFO Departure
Shares of Chinese consumer credit company Qudian Inc – ADR QD are falling after the company reported fourth-quarter results that grossly disappointed and announced the resignation of its CFO.
March 16, 2020
US Dollar, Futures Tumble As Fed Cut Fails To Boost Investor Sentiments
The United States futures options tanked in early Monday’s trading, suggesting yet another difficult week for stocks in the country in the wake of the novel coronavirus (COVID-19) outbreak. The dollar, too, fell against safe-haven currencies and gold.
March 11, 2020
How Will The Market Volatility Impact Community Banks?
A trio of catalysts in recent weeks has sent shockwaves through the markets. And though it’s too soon to tell how the coronavirus will impact the U.S. economy, the Federal Reserve’s emergency 0.5% rate cut has immediate ramifications for the banking sector.
March 9, 2020
Coronavirus Fears Spark The Heaviest Trading Month In Over A Year On OTC Markets
The spread of the coronavirus and its impact on the global economy drove a significant uptick in trading volume on OTC Markets, according to data from OTC Markets Group.
March 5, 2020
SEC Considers Letting Startups Raise More Money Before Registering
The United States Securities and Exchange Commission on Wednesday proposed to change the regulatory framework to let startups raise more capital without needing to register with the federal agency.
March 4, 2020
iPhone Maker Foxconn Expects 15% Q1 Revenue Hit From Coronavirus, Says Production Rebounding
Foxconn, best known for making Apple Inc. AAPL devices including iPhones, restarted production earlier last month as the spread of the COVID-19 virus seemingly slowed in the country — but continued to suffer a labor shortage as people took precautions against the deadly virus.
March 2, 2020
Ethereum-Based Decentralized Exchanges Reach All-Time High Volume
Decentralized cryptocurrency exchanges based on the Ethereum blockchain platform recorded all-time high transaction volumes in February, according to data from Dune Analytics.
February 27, 2020
These Were The 50 Best-Performing Companies On The OTCQX Market In 2019
Each year, OTC Markets releases its OTCQX Best 50, an annual ranking of the top 50 companies on its top market tier, OTCQX. The list is based on an equal weighting of one-year total return and average daily dollar volume growth.
February 26, 2020
Bob Chapek Is The New CEO Of Disney As Bob Iger Steps Away
Walt Disney Co DIS announced Tuesday that Bob Chapek has been named the CEO of the company, effective immediately. Chapek most recently served as chairman of Disney Parks, experiences and products.
February 25, 2020
Dollar Volume In GBTC More Than Doubled In January, As Coronavirus Fears Spurred A Crypto Rally
Nearly $24 billion worth of shares traded on OTC Markets last month, down about 2% from December. There were a number of significant volume increases in individual securities throughout the month, with the most notable being the Grayscale Bitcoin Trust (OTCQX: GBTC).
February 24, 2020
Gold Surges To 7-Year High As Coronavirus Cases Rise Internationally
Spot gold made record gains against the United States dollar on Monday as investors continued to look towards safe havens to hedge against the financial risks imposed by the spread of the novel coronavirus (COVID-19).
February 20, 2020
These Are The 8 Companies Giving Presentations At Thursday’s Virtual Investor Conference
The second Virtual Investor Conference of 2020 gets underway on Thursday. Senior executives from eight companies representing industries ranging from augmented reality to biotech are slated to provide an update on their latest business operations
February 19, 2020
Analyst Sees ‘Gap In Profitability’ Emerging Between Uber, Lyft
It was a bumpy ride for Uber Technologies Inc UBER and LYFT Inc LYFT investors in 2019, but the ride-hailing stocks are off to a hot start in 2020.
February 11, 2020
Why You Can Expect More Nordic Companies To Cross-Trade In The US In 2020
We caught up with Chris King, senior vice president of international corporate services at OTC Markets, after a recent trip to London and Vienna to ask about that international growth and what’s so special about northern Europe specifically.
February 10, 2020
Simon Property Group Announces $3.6B Acquisition Of Taubman Group
Simon Property Group, Inc. SPG said Monday it plans to purchase an 80% ownership interest in Taubman Centers, Inc. TCO-owned Taubman Realty Group for $52.50 per share in cash.
February 6, 2020
5 Numbers That Sum Up Trading Activity On OTC Markets In 2019
More than 10,000 securities trade on OTC Markets. Broken up into three tiers—OTCQX, OTCQB, and Pink—the OTC Markets connect U.S. investors with issuers from 38 countries and dozens of emerging industries. Here are five stats that sum up trading activity on OTC Markets’ top two tiers, OTCQX and OTCQB, in 2019.
February 5, 2020
3 Momentum ETFs Hitting All-Time Highs
As broader benchmarks surged Tuesday, it wasn’t surprising to see exchange traded funds dedicated to the momentum factor among the ETFs hitting all-time highs.
February 4, 2020
Exploring The SEC Plan That May Change How Over-The-Counter Securities Are Quoted
Investors interested in over-the-counter (OTC) securities may be in for a variation, according to a new SEC proposed rule change.
February 3, 2020
Does McDonald’s Have A Traffic Problem?
McDonald’s Corp MCD posted 5.1% U.S. same-store sales growth in its fourth-quarter earnings report, but this doesn’t tell the full story.
January 30, 2020
What Are Blue Sky Laws?
Blue Sky laws are, in essence, state securities laws. Though the exact laws differ from state to state, the purpose—to regulate the offering and sale of securities and protect the public from fraud or misinformation—remains the same.
January 29, 2020
Alibaba, Tencent, HSBC, Other Hong Kong Stocks Drop Over Coronavirus Concerns As Markets Open After Holiday
Hong Kong saw a market-wide drop on Wednesday as markets opened after the Lunar New Year holidays. Concerns over the spread of novel coronavirus continue as the official death toll rose to 132 by the end of Tuesday (Beijing Time), with 5,974 cases confirmed, as reported by China’s state-run Xinhua News Agency.
January 28, 2020
GM Invests $2B In Detroit Plant, Retools For Self-Driving EVs
GM will convert its Detroit-Hamtramck Assembly plant into its first all-electric vehicle plant. The factory will begin production on electric pickups and the Cruise Origin, a self-driving EV, in 2021 following a $2.2 billion retooling.
January 27, 2020
3 Microsoft-Heavy ETFs To Watch Ahead Of Earnings
In what will be a brisk week of earnings reports from the always widely watched technology sector, the largest sector weight in the S&P 500, MSFT is one of the names stepping into the earnings confessional.
January 23, 2020
Global Stocks Drop As Coronavirus Spreads Internationally, Trump Threatens EU Sanctions
Markets in Asia dropped significantly on Thursday as the novel coronavirus continues to spread ahead of the Chinese new lunar year. The European Union markets faced the additional burden of renewed threats from the United States President Donald Trump.
