• Trump ending relationship with WHO is ‘convenient:' Expert
    Yahoo Finance Video

    Trump ending relationship with WHO is ‘convenient:' Expert

    President Trump recently announced the end of the U.S. relationship with the World Health Organization. Center for Strategic and International Studies Senior Vice President & Global Health Policy Center Director J. Stephen Morrison joins Kristin Myers to discuss.

  • Target, Lowe's, among other major companies, respond to protests, call for change
    Yahoo Finance Video

    Target, Lowe's, among other major companies, respond to protests, call for change

    The nation continues to grapple with civil unrest over the killing of George Floyd in police custody. Many leaders across retail, tech and banking are speaking out over the weekend and Monday morning as protests continue. Yahoo Finance's Alexis Christoforous and Emily McCormick share the details.

  • Interesting Bottom Reversal Technical Pattern Breakouts in the Financial Sector
    Yahoo Finance

    Interesting Bottom Reversal Technical Pattern Breakouts in the Financial Sector

    More about Trading Central Trading Central is a global leader in financial market research and investment analytics for retail online brokers and institutions. — The investment ideas presented here are for information only.

  • Dow Jones Rises Despite Civil Unrest; Walmart and Apple Close Stores Over Weekend; Microsoft Replaces Editors With AI
    Motley Fool

    Dow Jones Rises Despite Civil Unrest; Walmart and Apple Close Stores Over Weekend; Microsoft Replaces Editors With AI

    The Dow Jones Industrial Average (DJINDICES: ^DJI) shook off some truly bad news on Monday, up about 0.2% at 11:40 a.m. EDT. Just as the U.S. economy was beginning to recover from the novel coronavirus pandemic, civil unrest in major U.S. cities threatened to impede that recovery. Shares of Apple (NASDAQ: AAPL) and Walmart (NYSE: WMT) made only small moves as the companies closed some stores on Sunday due to the unrest.

  • Top Analyst Reports for Apple, Verizon & PayPal
    Zacks

    Top Analyst Reports for Apple, Verizon & PayPal

    Top Analyst Reports for Apple, Verizon & PayPal

  • Bloomberg

    Okta Projects In-Line Revenue on Remote-Working Demand

    (Bloomberg) -- Okta Inc. projected revenue in the current quarter in line with Wall Street estimates, suggesting that a swell of remote workers has created steady demand for its security software.Sales will be $185 million to $187 million in the period ending in July, the San Francisco-based company said Thursday in a statement. Analysts, on average, projected $185 million, according to data compiled by Bloomberg. Okta expects a loss, excluding some items, of 1 cent to 2 cents a share, better than analysts’ projection of a loss of 9 cents.The company affirmed its annual revenue forecast of as much as $780 million. The company now projects a narrower adjusted loss in the fiscal year of as much as 23 cents a share compared with an earlier forecast of 36 cents.Okta makes identity-management software used to log in to various systems. The company has benefited from businesses’ need to have employees remotely access corporate systems in a secure way. Chief Executive Officer Todd McKinnon has sought to integrate his technology with programs from various other companies in a bid to compete against larger rival Microsoft Corp. In April, Okta expanded an alliance with onetime foe VMware Inc. to help protect networks and applications from unsafe software and devices. The company announced similar pacts with CrowdStrike Holdings Inc. and Tanium Inc.“The good news for us is only 12% of our business is in Covid-19 impacted industries,” McKinnon said in an interview. “There are other companies going quickly to remote work and doing contracts that got fast-tracked.”Okta’s revenue climbed 46% to $183 million in the period that ended April 30, beating analysts’ estimates of $172 million. Excluding some items, the company lost $8.1 million in the quarter, or 7 cents a share. Analysts projected a loss of 18 cents.Okta’s remaining performance obligations, a measure of future business, jumped 57% in the quarter to $1.2 billion.(Corrects explanation of remaining performance obligations in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Will protests and looting permanently damage the economy?
    Yahoo Finance

    Will protests and looting permanently damage the economy?

    Here's how investors should be thinking through the impact of social unrest sweeping the country.

  • Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2020, includes Reg.-NMS Execution Statistics
    Business Wire

    Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2020, includes Reg.-NMS Execution Statistics

    Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for May.

  • WRAPUP 8-Stocks buoyant, dollar slips as economies start to unlock
    Reuters

    WRAPUP 8-Stocks buoyant, dollar slips as economies start to unlock

    World stocks hovered near three-month highs and the dollar was flat on Monday as optimism over economies opening up again boosted risk appetite, despite worries over mass protests in the United States and unease over Washington's standoff with Beijing. Investors were also relieved that President Donald Trump left a trade deal with China intact despite moving to end Washington's special treatment for Hong Kong in retaliation for Beijing seeking to impose new security legislation on the city. China has asked state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, following Washington's move over Hong Kong.

  • Stock Market News for June 1, 2020
    Zacks

    Stock Market News for June 1, 2020

    Benchmarks finished mostly higher on Friday after President Donald Trump's press conference in response to China's new security legislation turned out not to be as disruptive to trade and finance as investors had earlier feared.

  • 5 Tech Winners From First Back-to-Back Monthly Gain in 2020
    Zacks

    5 Tech Winners From First Back-to-Back Monthly Gain in 2020

    The technology sector has become the major catalyst to drive stock market's recovery.from the coronavirus-induced mayhem in March.

  • Google Helps Place Ads on Sites Amplifying Covid-19 Conspiracies
    Bloomberg

    Google Helps Place Ads on Sites Amplifying Covid-19 Conspiracies

    (Bloomberg) -- Google has taken aggressive action to scrub coronavirus conspiracies from its news service and YouTube, at a time when social media companies have come under intense scrutiny for their potential to spread dangerous disinformation about the global pandemic. It has begun labeling misleading videos aimed at U.S. audiences, and has joined with other major internet companies to coordinate a response against what the World Health Organization has described as an “infodemic.”But Google is also placing advertisements on websites that publish the theories, helping their owners generate revenue and continue their operations. In at least one instance, Google has run ads featuring a conspiracist it has already banned.One ad for Veeam, an independent Microsoft 365 backup service, appeared atop one website featuring an article that includes false claims that Microsoft Corp. founder Bill Gates’s charitable efforts on pandemics and vaccines are a part of a world domination plot.  A Microsoft Teams ad ran with a French language article that alleged Gates tried to bribe Nigerian lawmakers to vote for a Covid-19 vaccine. An ad for the telecommunications provider O2 showed up on another article linking the virus to 5G networks, a common conspiracy theory. The ads were placed through Google’s automated system for matching marketers with websites. The Global Disinformation Index, a research group, recently reviewed 49 sites running baseless claims about the virus, including the stories about Gates and 5G networks. Alphabet Inc.'s Google placed ads on 84% of them, generating the majority of the $135,000 in revenue the sites earned each month, according to the Global Disinformation Index’s estimate.Google has faced criticism for funding hyper-partisan publishers such as Breitbart News in the past. The company has avoided making blanket policies about which publishers can run its ads. Instead, it removes ads only from the specific pages carrying content that violates its content policies. It also allows advertisers to blacklist specific sites. The company has been particularly reluctant to take action with political ramifications now that the Trump administration is taking concrete action to punish companies that it argues show bias against conservative viewpoints. Christa Muldoon, a Google spokesperson, said none of the web pages flagged by the Global Disinformation Index violated its policies. “We are deeply committed to elevating quality content across Google products and that includes protecting our users from medical misinformation. Any time we find publishers that violate our policies, we take immediate action,” she said.‘A Huge Issue’  Google's network ad system is a massive machine for automatically generating money for its owner. Websites apply for Google's program,  and they add display banners and pop-ups advertisements to their pages. Google's system automatically fills these slots with digital marketing and takes about 30% of the revenue they generate. Although Google offers a level of control to its marquee advertisers, the self-service system sometimes places ads for brands on websites with which they’d prefer not to be associated.Google’s systems have recently placed ads for eBay Inc., Oracle Corp. and HBO on websites like activistpost.com, thegatewaypundit.com and thewashingtonstandard.com, all of which routinely publish conspiracy theories, according to the Global Disinformation Index.Another company that placed ads on the sites in the study was Criteo SA. When contacted by a reporter about an ad mentioned in the report, Luca Sesti, a spokesman for the company, said it was breaking off its commercial relationship with the website in question, thegatewaypundit.com. “In the event we find a partner is not adhering to our policies, we will terminate the relationship immediately,” he said. “We recognize that the dissemination of inaccurate information through ‘fake news’ is a very real problem on the internet.”Often the ads the researchers found made for uncomfortable pairings. The O2 ad ran alongside an article promoting false claims that 5G wireless technology causes people to experience symptoms of coronavirus because it "poisons their cells." “This is a huge issue that Google needs to tackle now,” said Craig Fagan, program director at the Global Disinformation Index. “It is creating a financial incentive for these websites to continue promoting the conspiracy theories. You go to these sites and there are ads galore, pop ups everywhere. The ads are there to get clicks, monetizing each reader.”A Banned Provocateur ReturnsIn one case, Google accepted ad revenue from a company promoting a conspiracy theorist it tried to remove from its own platforms. In early May, YouTube removed the account of David Icke, a British provocateur who often ranted about "Rothschild Zionists" controlling global institutions and has questioned the efficacy of vaccines. In a recent interview about Covid-19, he said that 5G makes people sick and sends out signals that can control their emotions. Icke had posted on YouTube for more than 14 years.Guillaume Chaslot, a former Google engineer and founder of the research group AlgoTransparency, estimated that Icke’s YouTube channel gained 200,000 subscribers during March and April, when he largely touted unproven theories about the virus. Chaslot's research tracks how often YouTube's recommendation system sends viewers to particular videos and channels. In a 10-year span, YouTube promoted Icke's videos about a billion times.YouTube removed Icke’s account for violating its rules about coronavirus disinformation. Since then, Icke has appeared on other YouTube channels and in YouTube ads for Gaia Inc., a streaming network that promotes yoga and alternative healing. "We have to break out of this perceptual prison," Icke said in a voice-over during an ad that ran weeks after his ban. Gaia's network runs several shows featuring Icke. On a recent earnings call, Gaia executives said YouTube had become a "pretty significant" way to get new subscribers.Gaia didn’t respond to requests for comment. Imran Ahmed, chief executive officer of the Center for Countering Digital Hate, a U.K. nonprofit, argues that social media platforms should remove Icke entirely. “In a pandemic, lies cost lives," said Ahmed. "Misinformed people put us all at risk through their reckless actions.” His group estimated that Icke earned about $177,000 a year from YouTube ads before the ban.Jaymie Icke, a spokesman for Icke's video service Ickonic, said the earnings estimate was inaccurate because YouTube has restricted ads on controversial videos for several years. "Revenue is nothing and has been for a while," said Icke, who is David Icke’s son. "They removed all ads from the channel two months prior to the full deletion anyway. So that figure has simply been made up."Icke and others blocked from the site are allowed to appear on other accounts and in ads as long as those videos don't break rules, according to Muldoon, the Google spokesperson. While web giants like Google have tried to handle conspiracy theories on their user-generated services, they have also tried to reform their ad systems to handle the growing problem. In October 2018, Google and Facebook Inc. signed a European Union code of conduct on disinformation that contained a commitment to “improve the scrutiny of advertisement placements to reduce revenues of the purveyors of disinformation.”According to Fagan, however, the issue remains a blind spot for the companies. Some of the conspiracy websites attract a large number of visitors, promoting their content across social media platforms.The 49 websites promoting Covid-19 conspiracies that were reviewed by the Global Disinformation Index were just a small sample and offer a snapshot of a much larger program, Fagan said. Last year, the Global Disinformation Index published a study of about 20,000 websites promoting disinformation and conspiracy theories. It estimated that they were generating $235 million every year in advertising revenue, approximately $86.7 million of which was paid out by Google.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • 2 Top Tech Stocks for a Post-Pandemic World
    Motley Fool

    2 Top Tech Stocks for a Post-Pandemic World

    This is forcing data center operators to upgrade their capacities and capabilities to handle the increased load. Chinese giant Alibaba recently announced that it will spend $28 billion to bolster its data center infrastructure over the next three years in preparation for a post-COVID-19 world. Market research firm TechNavio estimates that spending on data center construction could increase at an annual rate of 10% through 2024.

  • Older Crowd Embraces Online Banking, Rewards Firms’ Digital Push
    Bloomberg

    Older Crowd Embraces Online Banking, Rewards Firms’ Digital Push

    (Bloomberg) -- It took a global pandemic to get many baby boomers to bank online. Lenders have taken notice.Over the past two months, Americans flocked to websites and apps to manage their finances as the coronavirus limited access to branches, according industry executives. For JPMorgan Chase & Co., existing online clients are using the offerings more frequently, while Bank of America Corp. found that older customers are seeking out its digital services.“We may have opened some people’s eyes to the future,” Bank of America Chief Executive Officer Brian Moynihan told investors at a conference last week. “We’re just on a relentless push.”The coronavirus has given a boost to digital banking, which entails less paper, greater use of electronic services and fewer in-person meetings. Tech has been viewed by banks as both an offensive and defensive tool. Online services have the potential to bring in customers, help cut costly branches and pare workforces, while also making it harder for new competitors to poach clients with the allure of better technology.In April, 23% of new logins to Bank of America’s online and mobile products were by seniors and boomers, Moynihan said. They also accounted for about 20% of customers who deposited checks using mobile phones for the first time. In its business catering to wealthy people, the use of technology has risen over the last six weeks to levels that the bank projected would take six years, according to Andy Sieg, president of Merrill Lynch Wealth Management.One in four people surveyed by Boston Consulting Group said they plan to use branches less or stop visiting altogether when the crisis is over, according to a global poll from April 13 to April 27. The pandemic sparked 12% of the people polled to enroll in online or mobile banking.“We’ve seen tremendous increases in the frequency of use,” said Mindy Hauptman, a BCG partner based in Philadelphia. “If you talked to someone a year ago, they would have said digital was critical to their future. I think that’s been reinforced and accelerated.”Customers were steered toward online banking for a multitude of reasons, Hauptman said. Many stayed home to comply with government orders, while others weren’t able to visit branches because of closures or limited services. As clients flooded call centers to request payment deferrals and inquire about government relief programs, others opted to go online.“This crisis is accelerating the trend toward digital banking,” Goldman Sachs Group Inc. President John Waldron told the conference last week. That’s translated to a 25% jump in active users on the bank’s institutional platform, while its retail arm, Marcus, has seen a 300% surge in visits for financial articles and videos.But the bank’s move to boost online services hasn’t always been smooth -- it delayed until next year the digital offering for its wealth-management unit.The pace of digital adoption remains uneven. In the April survey, only 16% of respondents in the U.S. said they would use branches less often after the crisis, the lowest of any nation in the survey.“We’re a little surprised of seeing in the consumer business that the folks who are already digital are doing more of it,” said JPMorgan CEO Jamie Dimon. “The folks who aren’t digital aren’t exactly picking it up. And I wish we could find a way to incent them to do that better.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500
    MarketWatch

    This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500

    John Bartlett at the Reaves Utility Income fund selects companies with high returns on equity from expansion or improvement projects.

  • Barrons.com

    How the Stock Market Historically Reacts to Protests

    The U.S. is experiencing painful civil unrest in the aftermath of the Memorial Day killing of George Floyd. Yet the stock market hasn’t reacted to any of the tragic events yet.

  • The 5 Most-Sold Guru Stocks of the 1st Quarter
    GuruFocus.com

    The 5 Most-Sold Guru Stocks of the 1st Quarter

    These stocks had the most sells from gurus during the quarter Continue reading...

  • Zscaler closes above $100 for first time on coronavirus work-from-home wave
    MarketWatch

    Zscaler closes above $100 for first time on coronavirus work-from-home wave

    Zscaler Inc. shares closed above $100 for the first time Monday on a second day of record highs, as the cloud-based cybersecurity company reaped the benefits from COVID-19-related work-from-home trends.

  • GlobeNewswire

    Delisting of Akazoo S.A. from The Nasdaq Stock Market

    NEW YORK, June 01, 2020 -- The Nasdaq Stock Market announced today that it will delist the ordinary shares and warrant of Akazoo S.A.  Akazoo S.A.’s ordinary shares and warrant.

  • GlobeNewswire

    Nasdaq May 2020 Volumes

    NEW YORK, June 01, 2020 -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 2020, on its investor relations website.  A data sheet showing the monthly volumes and.

  • E*TRADE vs. TD Ameritrade
    Investopedia

    E*TRADE vs. TD Ameritrade

    E*TRADE and TD Ameritrade offer comprehensive suites of investment and trading products as well as intuitive platforms with lightning-fast order execution and in-depth research.

  • Breakout Watch: Tesla Stock Gaps Up Into Buy Zone
    Investor's Business Daily

    Breakout Watch: Tesla Stock Gaps Up Into Buy Zone

    As SpaceX successfully takes flight, Elon Musk-chaired Tesla stock also rockets higher, and is added to Leaderboard.

  • Vanguard vs. TD Ameritrade
    Investopedia

    Vanguard vs. TD Ameritrade

    Vanguard and TD Ameritrade have trillions of dollars under management but offer very different platforms for online investors.

  • Keysight's (KEYS) 5G Test Solutions to Be Utilized by Audix
    Zacks

    Keysight's (KEYS) 5G Test Solutions to Be Utilized by Audix

    Keysight (KEYS) is expected to benefit from strong traction for its 5G test solutions amid the coronavirus pandemic.

  • Hedge Funds Have Never Been This Bullish On Cboe Global Markets, Inc. (CBOE)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Cboe Global Markets, Inc. (CBOE)

    Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]