Buck Bully
Resources for better bargains
[Forbes, Getty Images] If you’re like pretty well everyone else, you’re closely watching Gilead Sciences (GILD), creator of remdesivir, a drug that, last week, showed progress in treating the coronavirus in a US government study. But does that make Gilead a good stock to buy now, particularly if you’re focused on income? […]
[Buck Bully, Getty Images] There’s no doubt we are in a epic pandemic with serious financial ramifications. Tens of millions of jobs were lost this month, and millions filed for unemployment. More than a million cases of coronavirus have been reported in the US. And it seems we are millions […]
[Zachs, BigStock] In the wake of the coronavirus pandemic, sweeping travel bans, cancellation of large events as well as shutting down of schools, colleges, universities, restaurants and bars, and shopping malls are being observed globally. In such a scenario, people are increasingly resorting to modes of in-house entertainment like video […]
[Bitcoinist] Bitcoin fell 4.30 percent as US oil futures slipped below zero for the first time. The cryptocurrency does not correlate with the black gold, albeit it remains under the influence of equities. Its crash Monday has not deterred bulls from the market – yet. Bitcoin was in for a […]
[MarketWatch, Getty Images] To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, […]
[MarketWatch] The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates. Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing market is […]
[MarketWatch] The four largest U.S. banks posted profits in the first quarter, even though they set aside billions of dollars for expected loan losses. Some analysts referred to the hit on earnings as “noise” because the banks simply moved money from one bucket to another. Chris Kotowski, a bank analyst […]
[Coindesk] Renaissance Technologies is looking to potentially invest in CME’s cash-settled bitcoin futures for its Medallion fund, which has seen an average 66 percent annual return since 1988. (Credit: ggTravelDiary / Shutterstock) Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show. The quantitative analysis-heavy […]
[InvestorPlace] Here are the top stock trades we’re watching for Monday morning After a strong start to the day, most stocks faded on Friday. With that in mind, let’s look at a few stock trades for Monday. Top Stock Trades for Monday No. 1: Boeing (BA) Click to EnlargeSource: Chart […]
[Investors] Shares of MRNA stock rocketed Friday after the biotech said it will receive up to $483 million in federal funding for its coronavirus vaccine. The Biomedical Advanced Research and Development Authority, or BARDA — under the U.S. Department of Health and Human Services — will fund the development of Moderna’s coronavirus vaccine, […]