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”

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”

CBD Demand Creating a $24 Billion Investment Opportunity

The CBD boom has just gotten under way. U.S. sales reached $4.2 billion in 2019, a 562% increase year over year, according to the Brightfield Group.  At current pace, sales could reach $24 billion just in the next three years.  “The bulk of this growth is coming from large retailers like CVS, Walgreens, and Kroger … Continue reading “CBD Demand Creating a $24 Billion Investment Opportunity”

Coronavirus: Moderna Inc. Nearing a Potential Vaccine

There’s fear the “second wave” of the coronavirus is already here. In fact, new cases and hospitalizations are aggressively sweeping across Florida, California, Texas, Alaska, Arkansas, Kentucky, Mississippi, North Carolina, Oregon, and South Carolina. Worse, according to former FDA chief Dr. Scott Gottlieb, coronavirus hot spots “could quickly get out of control.” Thankfully, we may … Continue reading “Coronavirus: Moderna Inc. Nearing a Potential Vaccine”

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”

Fate Therapeutics Announces U.S. FDA Clearance

Fate Therapeutics (FATE) is seeing an incredible amount of momentum. Since April 2020, the stock rocketed from a low of $19.92 to $35.23, as it moves progresses with cellular immunotherapies for cancer and immune disorders. Just days ago, Fate Therapeutics announced the U.S. FDA cleared its investigational new drug (IND) application for FT538, the first … Continue reading “Fate Therapeutics Announces U.S. FDA Clearance”

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”