Daily Advice Thread - All basic help or advice questions must be posted here. Investing

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• Daily Advice Thread - All basic help or advice questions must be posted here.
• The US debt is now projected to be larger than the US economy
• Activist investor Dan Loeb urges Disney to suspend dividend and redirect the funds to its streaming service Disney+.
• Waymo finally launches an actual public, driverless taxi service
• Advanced Micro Devices is in advanced talks to buy rival chip maker Xilinx, said people familiar with the matter, in a deal that could be valued at more than $30 billion
• SQ - Square invests 1% of the company's assets into Bitcoin. $50 million dollars
• GameStop Announces Multi-year Strategic Partnership with Microsoft, stock up +45%
• Morgan Stanley to Purchase Eaton Vance for $7 Billion
• President Trump moves the stock markets: $25 billion for airlines? find out how you can benefit from it. (southwest (LUV) for long-term investors)
• [Breaking] Alphabet's Waymo just announced that they are opening its fully driverless service to the general public in Phoenix
• Precision Drilling Corporation
• Naked calls question
• Amazon Shows Off New Rivian Electric Delivery Van Model
• How does TSLA plan on meeting their goal of 20 million EVs per year by 2030 given current nickel supplies?
• Vatican used credit default swaps on Hertz 3 years ago
• IBM to spin off IT Infrastructure Services business in 2021. New IBM will focus on hybrid cloud and AI
• Another danger of options
• AT&T offloading DirecTV could be a “fire sale” as company weighs low bids
• How to vet a company selling bonds?
• I’m looking to buy stocks and hold forever (whatever that means). Would the likes of Amazon and F.B. be pointless because of the lack of dividend?
• Website predictions
• Compiled Today's Top News
• Thematic ETF Asset Growth Climbs Even Higher
• Methane emissions reduction - the unconventional green energy play
• What to do with cash while market is all-time high-ish

Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 08 Oct 2020 05:09 AM PDT If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following: How old are you? Are you employed/making income? How much? What are your objectives with this money? (buy a house? Retirement savings?) What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) What are you current holdings? (Do you already have exposure to specific funds and sectors?) Any other assets? House paid off? Cars? Expensive significant other? What is your time horizon? Do you need this money next month? Next 20yrs? Any big debts? Any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! submitted by /u/AutoModerator [link] [comments]

The US debt is now projected to be larger than the US economy Posted: 08 Oct 2020 05:29 PM PDT As the United States continues its struggle with the pandemic-induced economic recession and a sputtering recovery, the country's burgeoning debt is not anyone's top concern these days. ​ Even deficit hawks are urging a dysfunctional Washington and a chaotic White House to approve another round of badly needed stimulus to the tune of trillions. ​ "The US federal budget is on an unsustainable path, has been for some time," Federal Reserve Chairman Jerome Powell said this week. But, Powell added, "This is not the time to give priority to those concerns." ​ However, when the country eventually pulls out of its current health and economic crises, Americans will be left with a debt hangover. ​ On Thursday, the Congressional Budget Office estimated that for fiscal year 2020, which ended September 30, the US deficit hit $3.13 trillion -- or 15.2% of GDP -- thanks to the chasm between what the country spent ($6.55 trillion) and what it took in ($3.42 trillion) for the year. ​ As a share of the economy, the estimated 2020 deficit is more than triple what the annual deficit was in 2019. And it's the highest it has been since just after World War II. ​ The reason for the huge year-over-year jump is simple: Starting this spring, the federal government spent more than $4 trillion to help stem the economic pain to workers and businesses caused by sudden and widespread business shutdowns. And most people agree more money will need to be spent until the White House manages to get the Covid-19 crisis under control. ​ The Treasury Department won't put out final numbers for fiscal year 2020 until later this month. But if the CBO's estimates are on the mark, the country's total debt owed to investors -- which is essentially the sum of annual deficits that have accrued over the years -- will have outpaced the size of the economy, coming in at nearly 102% of GDP, according to calculations from the Committee for a Responsible Federal Budget. ​ The debt hasn't been that high since 1946, when the federal debt was 106.1% of GDP."Debt is the size of the economy today, and soon it will be larger than any time in history," CRFB president Maya MacGuineas said. ​ The problem with such high debt levels going forward is that they will increasingly constrain what the government can do to meet the country's needs. ​ Spending is projected to continue rising and is far outpacing revenue. And interest payments alone on the debt -- even if rates remain low -- will consume an ever-growing share of tax dollars. ​ Given the risks of future disruptions, like a pandemic, a debt load that already is outpacing economic growth puts the country at greater risk of a fiscal crisis, which in turn would require sharp cuts to the services and benefits on which Americans rely. ​ "There is no set tipping point at which a fiscal crisis becomes likely or imminent, nor is there an identifiable point at which interest costs as a percentage of GDP become unsustainable," CBO director Phillip Swagel said last month. "But as the debt grows, the risks become greater." ​ https://www.cnn.com/2020/10/08/economy/deficit-debt-pandemic-cbo/index.html submitted by /u/golden-china [link] [comments]

Activist investor Dan Loeb urges Disney to suspend dividend and redirect the funds to its streaming service Disney+. Posted: 08 Oct 2020 07:10 AM PDT What is Happening? Activist investor Dan Loeb is urging Disney to permanently suspend its dividend and use the funds to fuel growth at its streaming service, Disney+. Disney stock traded up 1.64% Wednesday. Loeb's Third Point owns less than 1% of Disney. Activist investors acquire stakes in companies with the intent to bring operational change. Warren Buffett started out as an activist investor. Why does this Matter? Disney's stock is down 16% for the year as amusement parks are still slow to reopen due to restrictions. Also, last week Disney announced that it was laying off 28,000 workers, wiping out about a quarter of its U.S. theme-park workforce. Right now the company's only bright spot is Disney+. It attracted more than 60 million subscribers and even won praise from the likes of Netflix CEO Reed Hastings. Loeb would like to use the $3 billion Disney dividend to double Disney+'s budget for original content, bring in additional subscribers, lower churn, and boost pricing power. He would also like to see Disney combine Disney+, ESPN+, Hulu, and Star into one powerhouse streaming service. That way Disney could increase pricing and start releasing all movies on the platform, cutting out movie theaters completely. The Takeaway: Initially, it might seem scary to take away that 1.43% dividend yield from shareholders; however, Loeb is not completely crazy. Dividends are just one way a company can choose to "allocate capital/profits". As Loeb correctly points out, times are changing in the entertainment sector and Disney should capitalize on that by redirecting dividends to this high growth project. In the long-run, such a capital allocation decision might just reward shareholders a lot more than the 1.46% dividend. submitted by /u/MarketBites [link] [comments]

Waymo finally launches an actual public, driverless taxi service Posted: 08 Oct 2020 04:49 PM PDT Out with the safety drivers, in with the remote overseers. https://arstechnica.com/cars/2020/10/waymo-finally-launches-an-actual-public-driverless-taxi-service/ submitted by /u/wefarrell [link] [comments]

Advanced Micro Devices is in advanced talks to buy rival chip maker Xilinx, said people familiar with the matter, in a deal that could be valued at more than $30 billion Posted: 08 Oct 2020 06:28 PM PDT link to tweet from WSJ: https://twitter.com/WSJ/status/1314374009002356738 Advanced Micro Devices Inc. is in advanced talks to buy rival chip maker Xilinx Inc., according to people familiar with the matter, in a deal that could be valued at more than $30 billion and mark the latest big tie-up in the rapidly consolidating semiconductor industry. The companies are discussing a deal that could come together as soon as next week, the people said. There is no guarantee they will get there, especially given that the talks had stalled before recently restarting, according to some of the people. AMD's market value now tops $100 billion after its shares soared 89% this year as the coronavirus pandemic stokes demands for PCs, gaming consoles and other devices that use the company's chips. Second-quarter revenue rose 26% to $1.93 billion, while net income jumped more than fourfold to $157 million on the back of record notebook and server-processor sales, AMD said. The surge in AMD shares could embolden the company to make an acquisition using its stock as currency. Xilinx has a market value of about $26 billion, with its shares up about 9% so far this year, just ahead of the S&P 500's 7% rise. With a typical takeover premium, a deal would value the company at more than $30 billion. AMD, based in Santa Clara, Calif., is led by Chief Executive Lisa Su. In addition to desktop and notebook computers, it makes components used in gaming systems such as Xbox and PlayStation that have been in high demand as the pandemic forces people to stay at home. It also has a growing data-center-processor business that increasingly rivals that of Intel Corp., long the dominant player in that segment. The addition of Xilinx, led by CEO Victor Peng, would put AMD on a more even competitive footing with Intel and give it a bigger position in fast-growing telecommunications and defense markets. San Jose, Calif.-based Xilinx's chips are used in wireless communications, data centers and industries such as automotive and aerospace. Its shares have been hurt by trade tensions between the U.S. and China, and namely the Trump administration's limitations on shipments to China's Huawei Technologies Co. because of security concerns. Analysts estimated Huawei accounted for roughly 6% to 8% of Xilinx's revenue. Xilinx makes microchips called field-programmable gate arrays, or FPGAs. Unlike standard chips, they can be reprogrammed after they are produced. That makes them valuable in rapid prototyping and in fast-emerging technologies where there isn't enough time to go through a yearslong development process necessary for other chips. FPGAs are commonly used in new superfast 5G telecommunications infrastructure, although they may be replaced later by standard chips once the technology is more mature. They are also often used in military communications and radar systems. Intel is the other main player in the FPGA market, having built its business by acquiring Altera Corp. in 2015. AMD, which specializes in central processing units that serve as computers' digital brains, has been gaining share on Intel in recent years, releasing new generations of processors that match or beat its larger rival's on many performance benchmarks. AMD had around a 20% share in personal computer CPUs as of the second quarter, according to Mercury Research, up from around 8% three years ago. Consolidation has swept through the semiconductor industry as chip makers seek scale and expand their product portfolios to support the increasing number of everyday items that are connected to the internet. Xilinx, for one, has considered a number of potential tie-ups in recent years that didn't come to fruition. Should AMD and Xilinx reach an agreement, three of the year's largest deals so far would be in the semiconductor industry, according to Dealogic data. Analog Devices Inc. in July agreed to pay more than $20 billion for Maxim Integrated Products Inc. and Nvidia Corp. in September agreed to pay $40 billion for Arm Holdings, the British chip designer backed by SoftBank Group Corp. Mergers-and-acquisitions activity generally has been sluggish in 2020 as a result of the pandemic, with announced global and U.S. volume down 18% and 40%, respectively, according to Dealogic. Lately, however, it has shown signs of life as companies gain confidence to make big strategic moves. NextEra Energy Inc. recently approached Duke Energy Corp. with a takeover proposal that would likely value the North Carolina utility at well over $60 billion and count as the year's largest deal. That activity has confounded predictions that the looming election would cause deal makers to sit on their hands awaiting clarity on what kind of administration is likely to be calling the shots for the next four years. submitted by /u/mutecocoon [link] [comments]

SQ - Square invests 1% of the company's assets into Bitcoin. $50 million dollars Posted: 08 Oct 2020 07:44 AM PDT Ticker SQ Payments company Square has invested $50 million into Bitcoin, according to an announcement today. It has bought 4,709 Bitcoin, with one percent of the company's assets. ​ "We believe that Bitcoin has the potential to be a more ubiquitous currency in the future," said Square's chief financial officer, Amrita Ahuja. "As it grows in adoption, we intend to learn and participate in a disciplined way. For a company that is building products based on a more inclusive future, this investment is a step on that journey." Square is owned by Jack Dorsey, the CEO of Twitter (and enthusiastic Bitcoin advocate). Square also owns CashApp, which has been offering Bitcoin for some time now. Dorsey has previously said that he regularly maxes out the weekly Bitcoin buy limits on CashApp. Square has been investing in crypto for some time. It set up Square Crypto in March 2019 to support the development of the Bitcoin network. It has handed out a number of grants to Bitcoin developers and companies working in the space. This investment follows business intelligence firm MicroStrategy buying $200 million of Bitcoin as an investment, before buying another $175 million of Bitcoin. ​ source https://decrypt.co/44319/square-invests-50-million-in-bitcoin?utm_source=reddit&utm_medium=social&utm_campaign=sm submitted by /u/atrueretard [link] [comments]

GameStop Announces Multi-year Strategic Partnership with Microsoft, stock up +45% Posted: 08 Oct 2020 01:03 PM PDT Just ahead of the console refresh period, GameStop (NYSE:GME) announces a new multi-year strategic partnership agreement with Microsoft (NASDAQ:MSFT). The partnership will see GameStop standardize its business operations on Microsoft's cloud solutions. The retailer says the arrangement will further advance its strategy to expand its physical and digital video game offerings, as well as enhance the company's retail technology infrastructure. As part of its transformation, GameStop plans to roll out Microsoft 365 and Microsoft Teams to its stores, empowering more than 30K store associates with enhanced productivity and collaboration tools. In addition, GameStop has expanded its Xbox family of product offerings to include Xbox All Access, which provides an Xbox console and 24 months of Xbox Game Pass Ultimate to players with no upfront cost. https://seekingalpha.com/news/3620893-gamestop-strikes-deal-microsoft-includes-cloud-operations submitted by /u/closingbell [link] [comments]

Morgan Stanley to Purchase Eaton Vance for $7 Billion Posted: 08 Oct 2020 06:38 AM PDT https://www.wsj.com/articles/morgan-stanley-to-buy-eaton-vance-in-deal-valued-at-7-billion-11602159806 Morgan Stanley said it is buying fund manager Eaton Vance for $7 billion just days after completing its takeover of discount broker E*Trade Financial Corp., continuing the firm's shift away from trading toward steadier, simpler businesses like money management. Boston-based Eaton Vance, founded in 1924, brings about $500 billion in assets and bulks up Morgan Stanley's undersized presence in bonds and sustainable investing. Eaton Vance shareholders will receive $56.50 a share in cash and stock, a roughly 40% premium to the fund manager's closing price on Wednesday that is likely to raise Morgan Stanley's own investors' eyebrows. submitted by /u/guitmusic12 [link] [comments]

President Trump moves the stock markets: $25 billion for airlines? find out how you can benefit from it. (southwest (LUV) for long-term investors) Posted: 09 Oct 2020 03:47 AM PDT article: Trump moves the stock markets Right now, the shares of the four named airlines are trading between 50 and 80% below their highs. Perhaps part of the gap will close as soon as investors realize that the risk of bankruptcy is fairly low thanks to generous government aid. ​ Southwest is likely to be the outperformer in the future. So if you want to bet on a rebound in the sector, then you've come to the right place. As long as the stock is trading above $ 38, a possible rise again to $ 40 and 42 could happen at any time. Above that, the way would be clear towards $44 and $46. For countercyclical investors, things get interesting near $36. This is where the long-term support zone begins, which extends to $30. ​ Summary Among the stocks discussed, Southwest is particularly interesting for long-term investors. From my point of view, this is clearly the strongest US airline for various reasons. Delta and United are more interesting for traders. Both of them are much more heavily indebted and every positive and negative news has a big impact. American Airlines, on the other hand, is in such a bad position that it is the best not to touch it. submitted by /u/OnlyReveal6 [link] [comments]

[Breaking] Alphabet's Waymo just announced that they are opening its fully driverless service to the general public in Phoenix Posted: 08 Oct 2020 09:37 PM PDT https://blog.waymo.com/2020/10/waymo-is-opening-its-fully-driverless.html Five years ago this month, Steve Mahan, the retired director of the Santa Clara Valley Blind Center, who lost his sight years before, took the world's first ride in a self-driving car on public roads. This little car, called Firefly, had a top speed of just 25 mph, and used a combination of lidar, radar, cameras, and massive on-board computing power to navigate the busy streets of Austin, Texas. Since that first ride, which some have called a Kitty Hawk moment of sorts for fully autonomous technology, Waymo has been hard at work to bring the Waymo Driver to more and more people. In 2017, we began our early rider program in the Metro Phoenix area with the next generation of our technology, using the full-size hybrid Chrysler Pacifica. This 4th-generation Waymo Driver was significantly more sophisticated than Firefly's technology, and for the last year, has pioneered fully driverless, paid rides on high-speed roads across a service area larger than the city of San Francisco. Over time, as we improved the capability of our Waymo Driver, we increased the scope and quantity of our operations, with 5-10% of our rides in 2020 being fully driverless for our exclusive group of early riders under NDA. We've been gathering key learnings from these riders on how to optimize our driverless service experience and continuously improve it (in their words, it's a magical experience). We also began to offer more people access to our public Waymo One service, with a vehicle operator monitoring the ride. Beginning today, October 8, we're excited to open up our fully driverless offering to Waymo One riders. Members of the public service can now take friends and family along on their rides and share their experience with the world. We'll start with those who are already a part of Waymo One and, over the next several weeks, welcome more people directly into the service through our app (available on Google Play and the App Store). In the near term, 100% of our rides will be fully driverless. We expect our new fully driverless service to be very popular, and we're thankful to our riders for their patience as we ramp up availability to serve demand. Later this year, after we've finished adding in-vehicle barriers between the front row and the rear passenger cabin for in-vehicle hygiene and safety, we'll also be re-introducing rides with a trained vehicle operator, which will add capacity and allow us to serve a larger geographical area. We've achieved this milestone with the thought and care that our riders expect from us. We've enhanced our health and safety policies and procedures throughout our fully-owned fleet, sought the feedback of our team, partners, riders, as well as federal, local, and state authorities, all while continuing to advance the Waymo Driver's capabilities. To our entire community: thank you for being a part of this important journey. And to all the Waymonauts who've worked so hard getting us here: thanks for your dedication to our mission. Together, we're building a safe and more accessible future with every autonomous mile we drive. submitted by /u/ssj4rab [link] [comments]

Precision Drilling Corporation Posted: 08 Oct 2020 08:28 PM PDT Hi Everyone! Michael Burry's firm Scion Asset Management just took a 3 million dollar stake in Precision Drilling Corporation. They've got 100M in liquid cash with a market cap of 200M. Recently they fell below $1 per share and they've started a share buy back program to get back above $1. From their last balance sheet, They have 1.5b in equity giving them a price/book ratio of 0.13. This seems like a great value investment. What do you all think? submitted by /u/LeveragedToTheHilt [link] [comments]

Naked calls question Posted: 09 Oct 2020 02:16 AM PDT I have been looking into naked options and I hear a lot about unlimited loss which I understand. What I don't seem to be able to find is what happens if someone executed an option and you don't have the money to buy/sell the stock. Does anyone know what would happen if such an event were to occur. Thanks in advance. submitted by /u/Danickster [link] [comments]

Amazon Shows Off New Rivian Electric Delivery Van Model Posted: 08 Oct 2020 02:04 PM PDT Amazon.com Inc. revealed an electric delivery van model being built for the retail giant by Rivian Automotive Inc., an early step toward getting 100,000 similar vehicles on the road in the next decade. The vehicle, which Amazon showed off in a video and blog post on Thursday, is one of three models Rivian is building for Amazon. It comes with exterior cameras capable of providing a 360-degree view, integration of Alexa, Amazon's voice software, and three levels of shelving for packages. Blog post: https://blog.aboutamazon.com/transportation/introducing-amazons-first-custom-electric-delivery-vehicle Bloomberg: https://www.bloomberg.com/news/articles/2020-10-08/amazon-shows-off-new-rivian-electric-delivery-van-model submitted by /u/ntrsfrml [link] [comments]

How does TSLA plan on meeting their goal of 20 million EVs per year by 2030 given current nickel supplies? Posted: 08 Oct 2020 09:10 AM PDT Just for sake of argument, a Model 3 contains ~30kg of Ni. 20 million cars by 2030 (what musk is predicting) equates to 600,000 metric tonnes of Ni annually. Tesla needs to find a supplier(s) that is / are able to sustainably farm nickel, or using batteries defeats the purpose of their mission statement "to accelerate the world's transition to sustainable energy ". This pretty much leaves Canada & Australia since Russia, Indonesia, and the Philippines do not offer such ecological mining practices. Vale, the largest Nickel supplier in Canada, produced a total of 208,000 metric tonnes of nickel in 2019 (class 1 and class 2). ​ Am I just not seeing something? How is Tesla going to meet their quota? ​ This is on r/investing because I'm looking into investing into nickel mining juniors and I started to think about the logistics. I'm also just interested in Tesla stock in general. If there's a better sub to as this question, let me know. submitted by /u/opticsgai2 [link] [comments]

Vatican used credit default swaps on Hertz 3 years ago Posted: 08 Oct 2020 07:03 PM PDT The Vatican used charitable proceeds to buy derivatives that bet on the creditworthiness of car-rental firm Hertz, the Financial Times reported Thursday. According to a document seen by the FT, part of the Vatican's $621 million portfolio was used to buy credit default swaps, which offered protection against Hertz defaulting on its debts by April 2020. Investment took place under Cardinal Giovanni Angelo Becciu, three years before Hertz filed for bankruptcy in May. "Sir, I think we should go all in Robinhood" "Oh of course, we should always find a way to get the rich to help out the poor, that's been our mission for millenia" "...yes" submitted by /u/pikindaguy [link] [comments]

IBM to spin off IT Infrastructure Services business in 2021. New IBM will focus on hybrid cloud and AI Posted: 08 Oct 2020 07:49 AM PDT https://www.ibm.com/investor/events/ibm-strategic-update-2020 Hugely positive move to me. It's infrastructure business has been weighing it down and kept it from focusing on the future of cloud and AI. I've been long on IBM since the Red Hat acquisition and was hyped to see Arvind Krishna (who captained the Red Hat deal) promoted to CEO earlier this year. That was a Steve Balmer to Satya Nadella type transition. IBM is the real deal and entering a new era submitted by /u/desquibnt [link] [comments]

Another danger of options Posted: 08 Oct 2020 08:00 PM PDT Just bought an OOTM option for XLNX with a strike price of $130 expiring in 2022. WSJ is reporting that AMD is going to buy them at about a 20% premium. If that is correct, the transactions will be done at ~$125/share :( https://imgur.com/a/OJN9cQ1 Hoping it's an all-stock transaction... submitted by /u/rob_shi [link] [comments]

AT&T offloading DirecTV could be a “fire sale” as company weighs low bids Posted: 08 Oct 2020 07:47 AM PDT https://arstechnica.com/information-technology/2020/10/att-offloading-directv-could-be-a-fire-sale-as-company-weighs-low-bids/ AT&T is reportedly moving ahead with its plan to sell DirecTV despite receiving bids that value the satellite division at less than one-third of the price AT&T paid for it. AT&T bought DirecTV for $49 billion in 2015 and has lost seven million TV subscribers in the last two years. In late August, news broke that AT&T is trying to sell DirecTV to private-equity investors and that a deal could come in at less than $20 billion. The New York Post yesterday provided an update on the sale process, writing that AT&T is pressing ahead with an auction even though it is "shaping up to be a fire sale." The sale process is being handled for AT&T by Goldman Sachs. Further Reading AT&T reportedly trying to sell DirecTV after massive customer losses "Opening bids from a coterie of buyout firms came in at around 3.5 times DirecTV's roughly $4.5 billion of EBITDA, implying a valuation at around $15.75 billion, according to a source close to the process," the Post article said. Despite the low first-round bids, AT&T "last week invited a handful of suitors into the second round of an auction of the struggling satellite-TV broadcaster," the Post wrote. Dish Network did not submit a bid, the Post wrote, even though Dish Chairman Charlie Ergen has said that a merger of the two satellite companies is "probably inevitable." A DirecTV/Dish merger would face antitrust scrutiny. Private-equity firms "are looking to milk the shrinking company for cash as DirecTV's subscribers steadily flee to lower-priced streaming-video services like Netflix," the Post wrote. AT&T could retain a minority stake in DirecTV after a sale. We contacted AT&T about the report and will update this article if we get a response. "Serious destruction of value" "It is very, very surprising they would sell DirecTV at such a low price—that's a serious destruction of value," a former AT&T executive told the Post. But it isn't surprising that no one wants to buy DirecTV at anything close to the price AT&T paid five years ago, because the company has been reporting big customer losses each quarter for the past couple of years. After a Q2 2020 loss of 954,000 customers, AT&T was down to 18.41 million customers across DirecTV, U-verse TV, and AT&T-branded online TV services. That's a loss of more than 7 million customers since mid-2018 when AT&T had 25.45 million subscribers in those categories. Further Reading AT&T's epic DirecTV losses mount as another 954,000 video customers flee DirecTV would likely be losing customers in any circumstance because of the trend toward cheaper online-streaming services, but AT&T has accelerated the decline by imposing price increases and reducing use of promotional offers that lower monthly costs for customers. AT&T is trying to improve its TV fortunes with the $15-per-month HBO Max, a result of AT&T's 2018 acquisition of Time Warner Inc. for $85 billion (or $108 billion including Time Warner's debt). The purchases of DirecTV and Time Warner dramatically increased AT&T's debt load. Under pressure from investors, AT&T in October 2019 promised to conduct a "disciplined review" of its portfolio and swore off "major acquisitions" for three years. AT&T's long-term debt was $153.4 billion as of June 30, 2020, down from $168.5 billion in mid-2018. submitted by /u/Fargo7 [link] [comments]

How to vet a company selling bonds? Posted: 08 Oct 2020 10:19 PM PDT There is a company called Worthy Bonds that sells 5% APY 1 year bonds. This seems like a pretty good interest rate, maybe even too good to be true. Their business model is that they take the money from people who buy their bonds to lend out to companies and they pay out people like me from the interest. Is there a way I can vet them? What kind of protections do I have? submitted by /u/_PM_ME_YOUR_ELBOWS [link] [comments]

I’m looking to buy stocks and hold forever (whatever that means). Would the likes of Amazon and F.B. be pointless because of the lack of dividend? Posted: 09 Oct 2020 12:43 AM PDT I'm aware of the growth potential with the likes of Amazon, Facebook, Netflix etc. However, none of these stocks pay a dividend. I'm looking to hold until the day I die (providing these companies are still prominent forces). If they don't pay a dividend, apart from the growth that will be left to my family, what is there to gain for me? I'm a newbie, so I'd appreciate your patience with me. submitted by /u/SmokinJoe93 [link] [comments]

Website predictions Posted: 08 Oct 2020 08:36 PM PDT So I always find these articles saying "these 2 stocks are going to explode this month" and that type of cringe article head lines from sources like the motley fool and others sources are they ever right and should I ever listen to them and what are some reputable sources for that kind of predictions if there are any? Thanks submitted by /u/iavahdbsish [link] [comments]

Compiled Today's Top News Posted: 08 Oct 2020 11:44 AM PDT MS - Morgan Stanley Morgan Stanley to Buy Eaton Vance in Deal Valued at $7 Billion. EV - Eaton Vance Corp. Morgan Stanley to Buy Eaton Vance in Deal Valued at $7 Billion. IBM - International Business Machines Corp. IBM CEO on infrastructure unit spin-off, cloud computing focus GOOG - Alphabet, Inc. Google must open talks with French publishers about paying for content, court rules Alphabet and SoftBank's solar-powered drone provides first LTE connection AMZN - Amazon.com, Inc. Amazon debuts its first fully electric delivery vehicle, created in partnership with Rivian AAL - American Airlines Group, Inc. American Airlines, without additional stimulus, will cut flights to more U.S. cities, CEO says SQ - Square, Inc. Square buys $50 million in BC as part of larger investment in c.currency BHC - Bausch Health Cos., Inc. Bausch Health Companies Inc. Provides Preliminary Update On Third-Quarter 2020 Financial Results And Business Recovery FB - Facebook, Inc. Facebook to halt political ads after US election MCD - McDonald's Corp. McDonald's global sales improve in third quarter vs second qtr after coronavirus disruption LLY - Eli Lilly & Co. Trump urges for emergency authorization of Regeneron, Eli Lilly COVID-19 therapies MOH - Molina Healthcare, Inc. J. Mario Molina, Physician and Healthcare CEO Launches Digital Platform votercare.org to Mobilize Public on Healthcare MGM - MGM Resorts International Maple Gold Announces Joint Venture Partnership and Strategic Investment with Agnico Eagle CEVA - CEVA, Inc. CEVA, Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call NVTA - Invitae Corp. New Study Finds Germline Genetic Testing Detects Actionable Findings Missed by Tumor-only Sequencing PEP - PepsiCo, Inc. SodaStream Announces The Launch Of bubly drops™, The First North America Partnership Since Joining PepsiCo PRMW - Primo Water Corp. Primo Water Corporation Announces Intention to Offer €450 Million of Senior Notes LYFT - Lyft, Inc. The $185 million campaign to keep Uber and Lyft drivers as contractors in California DG - Dollar General Dollar General targets a higher-end shopper in the suburbs with new store, Popshelf submitted by /u/checkinggg [link] [comments]

Thematic ETF Asset Growth Climbs Even Higher Posted: 09 Oct 2020 12:05 AM PDT by TODD ROSENBLUTH on OCTOBER 7, 2020 As of the end of September, thematic ETFs made up 1.2% of the US ETF market, representing $59 billion in assets. Asset growth of 42% from the prior quarter easily exceeded the industry's 7% growth. According to asset manager Global X, thematic investing refers to the process of identifying powerful, disruptive macro-level trends and the underlying investments that stand to benefit from the materialization of those trends. At the end of the third quarter, there were 135 such thematic ETFs, with six new funds including AdvisorShares Pure US Cannabis ETF (MSOS), Direxion Connected Consumer ETF (CCON), Global X Telemedice & Digital Health ETF (EDOC). No thematic ETFs closed during the third quarter. Global X has grouped the 135 available thematic ETFs offered by a wide range of providers into three categories, ten mega-themes, and approximately three dozen themes. These mega-themes include big data, climate change, connectivity, health, and robotics. CFRA thinks thematic ETFs provide targeted exposure and the benefits of diversification as not all companies connected to powerful, disruptive macro-level trends will succeed as winning investments. In the third quarter, big data ETFs such as First Trust NASDAQ CyberSecurity (CIBR) and Global X Cloud Computing (CLOU) helped power the mega-theme to $12 billion in assets, up from $10 billion a quarter earlier. Meanwhile, assets of climate change mega-themed ETFs rose to $8.3 billion, from $5.1 billion aided by combined $3 billion of net inflows from Invesco Solar ETF (TAN) and Invesco Global Clean Energy ETF (ICLN). These ETFs provide access to U.S. and international stocks but offer unique exposure when CFRA looks at the ETF holdings. Health was another popular mega-theme with actively managed ARK Genomics Revolution ETF (ARKG) nearly doubling in size to $2.3 billion with approximately $650 million of net inflows and the benefits of stock performance. Index-based Invesco Dynamic Biotechnology & Genome ETF (PBE) and iShares Genomics Immunology and Healthcare ETF (IDNA) are examples of other ETFs in the sub-category. CFRA believes that we remain in the early stages of thematic ETF growth as investors find the benefits of long-term strategies without the single security risk of the past. These ETFs tend to charge a premium relative to the broader sector ETFs such as Health Care Select Sector SPDR (XLV) and Vanguard Information Technology ETF (VGT) but have more targeted exposure and greater chances to outperform or underperform the broader market. submitted by /u/Qhueman [link] [comments]

Methane emissions reduction - the unconventional green energy play Posted: 08 Oct 2020 10:22 AM PDT (posting here because wsb as been a shitshow for years now. Position: 25k shares in $QST on the TSX) Everyone is talking about green tech these days. Sure, democrat sweep in November and whatnot sets the stage for growth in clean energy. But what is clean energy? Most people think CO2 is reduced through expanding in wind and solar. After all, the top 10 holdings of ICLN are wind and solar companies. Others will talk about overpriced electric car companies. Blah. But really, clean tech is going to come from improving the fossil fuel industry. 80% of power production and more than 90% of CO2e still come from fossil fuel sources in the US. The most potent GHG is methane, 25x more greenhouse potential than the same amount of carbon dioxide. Its puzzling that: Wind and solar and other renewables (mostly hydro, in the US) make up about 10% of energy production. We've seen nothing but hype hype hype coming out of the sector Methane emissions make up about 10% of the total CO2e emissions from any source. We've seen not a single peep out of the sector Why is it that nobody is talking about the companies that do methane emissions reduction? For one, the companies are small and obscure, and most of them privately held. Two, their business is tied to the oil and gas sector, which has bad press among investors. However, investors be damned, governments are paying attention: Government of Canada has a $750 million methane emissions reduction grant, to fund capital investments in methane reduction for oil and gas companies (probably starting sometime next year) State level, Colorado has been making big strides in methane regulation through the state's Air Quality Control Commission and, to a lesser extent, the Colorado Oil and Gas Conservation Commission. California's Landfill Methane Regulation (LMR) requires municipal solid waste landfills to reduce methane and other air pollutant emissions through emissions monitoring and through capturing fugitive methane. North Dakota, etc Federally, the Obama admin has made a number of regulatory moves through the EPA re: methane emissions from landfills and from oil and gas sources. Trump has rolled it back. These two articles may be of interest: 1, 2 What are we looking at, in the future? The Biden campaign has already said that "[o]n day one, Biden will use the full authority of the executive branch to make progress and significantly reduce emissions" including by "[r]equiring aggressive methane pollution limits for new and existing oil and gas operations." This, coupled with the trend of increased methane regulation across the world, creates an opportunity for companies that provide technology to capture or flare methane. Canada's grant alone is several times larger than the entire methane reduction industry. In order to meet GHG targets, countries will have to aggressively target methane as it is a much more potent source of CO2e, and since it is concentrated mostly at point sources, it is much easier to control. All it takes is a few regulatory steps in the right direction to to make the industry a big one Questor? Their business is renting or selling enclosed incinerators that turn methane into CO2 They're the only ISO ETV certified clean combustion company their business is currently mostly Colorado, ND, a bit in canada and a bit elsewhere no debt (except lease oblig and tax liabilities) 17MM in property and equipment (for rental) 15MM in cash like everyone else tethered to O&G, they suffered quite a bit in the COVID downturn. But they're making it their priority to capture market share and enter new markets, while preserving the clean balance sheet. they're also expanding their services to include methane emissions monitoring anyways, I think its an excellent industry with a lot of asymmetry in payoff (big money from regulations) vs risk (its already hammered down). Questor is a great company and I'm looking for a dip to buy more. Also, I would welcome if you have any suggestions about the industry and other players in it. Or any thoughts submitted by /u/guppy221 [link] [comments]

What to do with cash while market is all-time high-ish Posted: 08 Oct 2020 07:03 AM PDT So I am sitting on a fair bit of cash because I sold off mutual funds and various equities (for a profit) because I believe the current climate is very uncertain and volatile. I want to re-invest this money with a reasonable plan. However the market seems...way too high and optimistic against the doom and gloom of 2020. Some people predict and hope (as always) for a correction before the end of the year. What kind of strategy would be reasonable? My plan was to re-invest in a high equity% model ETF portfolio, but I am still questioning myself. submitted by /u/blanketcitrus [link] [comments]

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