Semiconductor M&A: This May be the Biggest Deal of 2020

Semiconductor company Analog Devices (ADI) is reportedly in talks to acquire Maxim Integrated (MXIM) for about $20 billion, says The Wall Street Journal, which added this could be the biggest U.S. merger of the year. “There has been a flurry of activity in the semiconductor industry as chip makers seek scale and expand their product … Continue reading “Semiconductor M&A: This May be the Biggest Deal of 2020”

This is Why Face Mask Demand is Picking up Big Momentum

The coronavirus seems to get worse by the day. Months into the global pandemic, the virus has infected just over 11 million people worldwide, killing more than 530,000. U.S. states are backtracking on reopening plans as cases rise. Hospitals are being overwhelmed. There’s even fear global economies may need to be shut down again. “This … Continue reading “This is Why Face Mask Demand is Picking up Big Momentum”

Chesapeake Energy Files for Bankruptcy Protection

Chesapeake Energy (CHK) filed for bankruptcy protection. Rocked by $7 billion in debt, and a drop in oil and gas prices, the news comes as no shock.  As recently as May 2020, the company had concerns regarding its long-term viability. The company just said $7 billion in debt will be wiped out through restructuring, as … Continue reading “Chesapeake Energy Files for Bankruptcy Protection”

This is Why Markets Are Not Reacting to the Protests

There’s been plenty of misery over the last few weeks. The global economy closed up shop.  Businesses closed their doors.  Schools ended their years early.  Retailers boarded up, or went out of business.  Millions of people lost their jobs.  All thanks to the threat of the coronavirus. However, it looks like the worst has been … Continue reading “This is Why Markets Are Not Reacting to the Protests”

The Psychedelic Boom is a Multi-Billion-Dollar Opportunity

The psychedelics boom may be even more profitable than cannabis. Granted, such drugs have been written off for years. But that may not be the case for much longer.  With many like LSD, MDMA, and psilocybin showing promise for treating a range of mental and health conditions, including obsessive-compulsive disorder, PTSD, opioid addiction, alcoholism, eating … Continue reading “The Psychedelic Boom is a Multi-Billion-Dollar Opportunity”

Federal Reserve’s Powell: “There’s A Lot More We Can Do”

The Federal Reserve isn’t ready to throw in the towel on the economy just yet. “There’s a lot more we can do,” said Federal Reserve Chairman Jerome Powell, as quoted CBS News 60 Minutes, as quoted by CNN. “We’ve done what we can as we go. But I will say that we’re not out of ammunition by … Continue reading “Federal Reserve’s Powell: “There’s A Lot More We Can Do””

House Proposes $3 Trillion Stimulus Package

While the Federal Reserve races to help keep the economy afloat, the House just proposed a $3 trillion aid package called the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act—to help strengthen state and local government funding and extend relief to Americans. According to The Wall Street Journal, the HEROES Act would include: A … Continue reading “House Proposes $3 Trillion Stimulus Package”

The Top 3 Moments from the Berkshire Hathaway Meeting

“Nothing can stop America.” That was Warren Buffett’s firm message at Berskshire’s 2020 annual shareholder meeting. Some of the key highlights at the meeting included: “Nothing can stop America” “The American miracle, the American magic has always prevailed, and it will do so again. … In World War II, I was convinced of this,” he … Continue reading “The Top 3 Moments from the Berkshire Hathaway Meeting”

General Motors Cuts Dividend and Buyback Program

2020 has not been kind to dividends. Thanks to the coronavirus, General Motors (GM) just cut its quarterly cash dividend and its share buyback program.  All as the virus does severe damage to global auto sales.  “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” … Continue reading “General Motors Cuts Dividend and Buyback Program”

The Top E-Commerce Stocks Higher on the COVID-19 Crisis

With the coronavirus keeping many of us at home, ecommerce is booming. In fact, online spending just in the U.S. is up more than 30% from March 2020 through mid-April 2020, says CNBC.  “That is significantly more growth — about 50% more — than the annual 20% growth in online shopping the firm has become … Continue reading “The Top E-Commerce Stocks Higher on the COVID-19 Crisis”