Featured Article

Can You Hear It Now? Everything To Know About The Sprint, T-Mobile Merger

Posted by Dave Royse

on Tuesday, 11 February 2020 11:32

A judge has approved the long-sought merger of T-Mobile US Inc. and Sprint Corporation Here’s what to know about the deal marrying the third- and fourth-largest cell carriers in the United States.

The Deal

T-Mobile, the larger carrier, paid Sprint shareholders $26.5 billion in an all-stock deal for the smaller company. The deal was approved by federal officials last year, but a group of state attorneys general sued to block it on antitrust grounds. On Tuesday, a judge ruled the merger can proceed….CLICK for complete article

Tesla Shares Crash 21% – The Biggest Daily Drop On Record

Posted by ZeroHedge

on Wednesday, 5 February 2020 10:59

TSLA shares are down a stunning 21% intraday, the biggest daily drop in the company’s history.

The parabolic melt-up seen in Tesla’s shares in the last several weeks is starting to unwind. The catalyst today could be due to production delays at Tesla Giga Shanghai because of the coronavirus.

However, we must note, investors have been well aware of possible production woes in Shanghai for the last week….CLICK for complete article

Here’s How Much Investing $100 In Google Stock Back In 2010 Would Be Worth Today

Posted by Wayne Duggan

on Monday, 3 February 2020 10:53

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way.

Alphabet’s Big Decade

One of the market leaders of the past decade was search giant Alphabet, Inc.

Alphabet started the 2010s as Google, and its first major move of the decade was a $12.5 billion buyout of Motorola Mobility in 2011. The deal helped protect Google from patent disputes with Apple, Inc. and Microsoft Corporation and helped Google continue to provide its Android mobile operating system. Google restructured its business as a conglomerate under the Alphabet umbrella in 2015. Former Google CEO Larry Page took over as CEO of Alphabet, with Sundar Pichai taking over as Google CEO.

The 2010s were defined by high growth and rising costs in Google’s core online advertising and search businesses, as well as expansion into Google Cloud services. Unfortunately, Google also drew increasing scrutiny from regulators for its data usage and potential antitrust violations. In June 2019, the U.S. Justice Department reported it’s investigating Google on antitrust grounds….CLICK for complete article

Millennial Stock Picks Beating The Market

Posted by Alex Kimani

on Friday, 31 January 2020 11:44

Millennials have been labeled many things: lazy, entitled, narcissistic among other unflattering terms. They have also been accused of being highly risk-averse, preferring flashy investments like crypto over slow-n-steady ones like stocks and bonds.

Yet, millennials are proving some of these platitudes wrong.

This demographic of young adults born between 1981 and 1996 is proving to be savvy stockpickers, managing to outperform more seasoned investors.

But for how much longer can millennials trounce the market?

Millennial Stock Picks Beating The Market

Apex Clearing recently published its Q4 2019 Millennial 100 Report. The report analyzed more than 734,000 stock portfolios by US-based millennials with an average age of just over 31.

Young adults have been known to let their tastes largely dictate their investments, with many favoring the next big thing–mostly young and sexy tech stocks. Yet, this gung ho attitude towards investing seems to be serving them right.

As you might expect, the list of preferred stocks by millennials is FAANG heavy, which comes as no one’s surprise given that many companies in the group have proven to be the quintessential momo plays. Apple and Amazon emerged as the top picks making up 13.5% and 11.2% of their overall holdings. Other heavily favored names include Tesla, Facebook and Microsoft, in that order…CLICK for complete article

‘Inspire The Next Generation’: A Look At Kobe Bryant’s Career As A Venture Capitalist

Posted by Dave Royse

on Monday, 27 January 2020 9:37

Bryant started in the venture capital business quietly while he was still playing, along with partner Jeff Stibel. The fund, which focused on tech, data and media companies, had already invested in more than a dozen companies when Bryant announced its existence publicly in 2016 after he retired from basketball. The firm was called Bryant Stibel, and based in Los Angeles.

“The most important thing I enjoy now is helping others be successful,” Bryant told The Wall Street Journal when he announced he and Stibel had started the firm. “I enjoy doing that much much more, that’s something that lasts forever.”

Bryant told CNBC at the time that, eventually, he’d rather be known for investments that panned out than for basketball achievements….CLICK for complete article