Stocks & Equities

3 Genomics ETFs Worth Jumping For

Posted by Todd Schriber

on Tuesday, 26 May 2020 10:31

The scramble to bring a coronavirus vaccine to market is lifting the health care sector this year as a slew of biotechnology and other, more nuanced exchange-traded funds targeting the group are delivering impressive returns.

Within the group of top-performing health care ETFs are genomics funds. Entering 2020, the genomics industry was already on a compelling trajectory with declining gene sequencing costs bolstering the long-term case for related investments.

The race for a coronavirus solution is merely icing on the cake for some of the funds in this category, particularly those that Moderna allocations prior to that name ascending to story stock status.

There are multiple genomics ETFs to consider. Here’s a trio of standouts from the category…CLICK for complete article

Stocks surged on Wall Street in early trading Tuesday

Posted by https://www.thecanadianpress.com/

on Tuesday, 26 May 2020 7:09

Stocks surged on Wall Street in early trading Tuesday, driving the S&P 500 to its highest level in nearly three months, as hopes for economic recovery overshadow worries about the coronavirus pandemic.

The S&P 500 was up 1.8% to 3,007 points. It’s the first time the benchmark index has been above the 3,000-point mark since March 5, before the widespread business shutdowns aimed at slowing the spread of the outbreak sent the U.S. economy into a sharp skid.

The Dow Jones Industrial Average was up 558 points, or 2.3%, to 25,025. It’s the first time the Dow is above 25,000 points since March 10. The Nasdaq rose 1.3% and the Russell 2000 index of small companies gained 3.7%. Financials, technology and industrial stocks powered much of the early gains. Click here for full story

Take-Two Interactive Benefits From ‘Industry Tailwinds’

Posted by Crystal Mills

on Friday, 22 May 2020 9:42

Take-Two Interactive Software, Inc. reported fourth-quarter and full-year fiscal 2020 results Wednesday, with year-over-year GAAP net revenue growth of 41% and a 40% increase in consumer spending thanks to titles like “NBA 2K20,” “Grand Theft Auto V” and “Red Dead Redemption 2.”

Total net bookings rose from $2.929 to $2.99 billion year-over-year.

“Our significantly better-than-expected fourth quarter results concluded another extraordinary year for Take-Two, during which we achieved numerous milestones, including record Net Bookings of nearly $3 billion, as well as record digitally-delivered Net Bookings, Net Bookings from recurrent consumer spending, and earnings,” Strauss Zelnick, Take-Two’s chairman and CEO, said in a statement… CLICK for complete article

Zoom is Now Worth More Than the World’s 7 Biggest Airlines

Posted by Iman Ghosh, Visual Capitalist.com

on Friday, 22 May 2020 7:19

Amid the COVID-19 pandemic, many people have transitioned to working—and socializing—from home. If these trends become the new normal, certain companies may be in for a big payoff.

Popular video conferencing company, Zoom Communications, is a prime example of an organization benefiting from this transition. Today’s graphic, inspired by Lennart Dobravsky at Lufthansa Innovation Hub, is a dramatic look at how much Zoom’s valuation has shot up during this unusual period in…Click to full article.

The $30 Trillion Megatrend To Watch As Markets Bounce Back

Posted by Paul Cantle

on Tuesday, 19 May 2020 10:22

The economy is reopening, stock markets are already bouncing back in a hedge on the future, and we’re about to see the biggest shift in capital in years.

It’s a big money shift away from tradition and towards a future in which retail investors–and major hedge funds–demand that their investments go into companies that are sustainable.

It’s not politics or ideology. It’s not right or left. It’s pure free-market sentiment dictating what happens after the lesson the market has learned before and during a global pandemic:

Welcome to the $30-trillon-plus mega trend of sustainable investing, otherwise known as ESG (environmental, social and governance) Investing.

And welcome to one of the new companies positioned to give big capital exactly what it’s looking for: Canada’s Facedrive (TSXV:FD,OTC:FDVRF), the competitor to Uber that’s working to turn ride-sharing into a sustainable, more carbon-neutral industry.

Even better, while Uber has been burning cash like crazy for a decade and still isn’t profitable, Facedrive has an entire ecosystem of revenue generation setups that treat ride-sharing as much more than a ride: It’s a high-tech business segment that has many ways to generate revenue while the wheels are rolling…CLICK for complete article