How to Buy Mylan Stock in 2020

Adam Green

Mylan (NASDAQ:MYL) is a leading American pharmaceutical company specialized in generic drugs. It markets its products in more than 165 countries, employs over 35,000 people worldwide and is listed on the NASDAQ. Considering buying Mylan stock today? In this guide, we’ll walk you through how to choose the right broker, how to buy stocks and…

Alibaba and Baidu stocks slip as US Senate passes bill to delist Chinese firms

Siraj Sarwar

Shares of the biggest US-listed Chinese companies including Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) came under pressure after the US Senate on Wednesday overwhelmingly passed a bill that requires companies listed on US stock exchange to certify that they are not run or controlled by a foreign government. The bill, introduced by Louisiana Republican…

How to Buy the Best 5G Stocks of 2021

Adam Green

In the coming years, most countries around the world will begin to switch from 4G to 5G cellular networks, ushering in a new wave of innovation and digitalisation. 5G will bring about speeds approaching several gigabits per second (about 50x faster than 4G), better reliability, and will enable a more connected and intelligent world. The…

Nasdaq tightens IPO rules amid rising concerns over Chinese firms

Siraj Sarwar

Nasdaq plans to tighten its initial public offering (IPO) rules, a move that will make it harder for some Chinese companies to float on its stock exchange, according to reports. The measure is driven by concerns over lack of accounting transparency among recently listed Chinese firm in the US and represents another flashpoint between the…

Billionaire David Tepper: Amount of overvalued stocks on market is ‘nuts’

Siraj Sarwar

Billionaire hedge-fund investor David Tepper said stock valuations are the most overvalued since the 1999 tech bubble, adding that the price of some shares were “nuts”. The founder of Appaloosa Management, which held $13bn at the end of the year, also said that many Big Tech stocks were fully valued with little headroom to rise…

david kostin

Goldman Sachs: S&P 500 will fall 18% over the next 3 months – Points out 6 reasons why

Alejandro Arrieche

Goldman Sachs forecasts the S&P 500 may fall to 2,400 over the next 12 weeks, citing six reasons for the decline that investors might overlook. The US investment bank chief of US equity strategy David Kostin (pictured) pointed out that the S&P 500 was approaching the 3,000-point milestone the firm had forecast for the index…

Luckin Coffee CEO Qian Zhiya

Luckin Coffee fires CEO and COO following $310m fraud probe

Galina Mikova

China’s Luckin Coffee (NASDAQ: LK) has fired two top bosses in the wake of a fraud scandal that has rocked the chain. The Nasdaq-listed company said on Tuesday that it has ended the contracts of executive Jenny Zhiya Qian (pictured) and chief financial officer Jian Liu, after a probe into hundreds of millions of dollars…

Tencent earnings preview: Games expected to drive Chinese tech giant

Mohit Oberoi

Chinese tech conglomerate Tencent will report first-quarter earnings on Wednesday after the Hong Kong market closes, and is expected to post earnings per share to rise 16% year-over-year in the quarter, lifted by blockbuster games, though advertising and payments could be weaker due to reduced business as a result of the coronavirus. Analysts expect Tencent,…

Tesla stock

Tesla stock fallson Elon Musk vows to move factory out of California

Siraj Sarwar

Tesla (NYSE: TSLA) stock price almost 5% after the chief executive Elon Musk said he would sue Alameda County, California, immediately, saying that an “unelected & ignorant” interim health officer is acting contrary to the governor, the President, and the UU Constitution. The 48-year-old billionaire is among the biggest advocates of the reopening of economic…