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Online Investing News - Page 9

Warren Buffett Sells All Airlines Stocks Due to COVID-19 Crisis

Warren Buffett Sells All Airlines Stocks Due to COVID-19 Crisis

The Oracle of Omaha reported that Berkshire Hathaway had sold its entire $4-billion stake in airlines as "the world has changed for the airlines." With over 95% travels down in 2020, the company doesn't know "how it's changed" in the middle and long term.... Read more.

Amazon Mixed Earnings And Plans to Spend All Q2 Revenue on COVID Topics

Amazon Mixed Earnings And Plans to Spend All Q2 Revenue on COVID Topics

Amazon is trading negative on Friday after posting a mixed earnings report for the first quarter of 2020 after the bell on Thursday. "If you're a shar... Read more.

Shopify Starts a Guerrilla War Against Amazon With New Shop App

Shopify Starts a Guerrilla War Against Amazon With New Shop App

After powering the online sales of over 1 million businesses around the world, Canadian multinational e-commerce company Shopify has just launched a g... Read more.

JPMorgan And Taulia to Provide Firms Access to Faster And Cheaper Money

JPMorgan And Taulia to Provide Firms Access to Faster And Cheaper Money

Multinational investment bank JPMorgan Chase and San Francisco capital solution platform Taulia announced on Monday a new partnership that will provid... Read more.

Telegram Reaches 400 Million Users And Promises to Fix Video Calls

Telegram Reaches 400 Million Users And Promises to Fix Video Calls

Cloud-based instant messaging and voice over IP service Telegram announced it had reached 400 million users this week, just a few months later after i... Read more.

TD Ameritrade Falls on Thursday After Mixed Earnings

TD Ameritrade Falls on Thursday After Mixed Earnings

Nebraska-based broker TD Ameritrade reported a mixed corporate report on Wednesday but commented that despite COVID-19 disruption, the platform expect... Read more.

ValueAct Builds up a $1.1B Stake in Nintendo; Says: Next Netflix And Disney+

ValueAct Builds up a $1.1B Stake in Nintendo; Says: Next Netflix And Disney+

Nintendo is called to become one of the largest digital media services in the world. Or at least it is what San Francisco activist investor firm Value... Read more.

Oil Collapses to 20-Year Lows as Stocks Pile up; What’s Next?

Oil Collapses to 20-Year Lows as Stocks Pile up; What’s Next?

Oil prices are collapsing on Monday to its lowest levels since 1999 below $12.00 per barrel of WTI crude due to rising inventory and declining demand ... Read more.

Disney Jumps Over 5% After Reporting 50 Million Streaming Subscribers

Disney Jumps Over 5% After Reporting 50 Million Streaming Subscribers

Disney announced this week that after only five months of its streaming video service Disney+, it had reached the 50 million users milestone, putting ... Read more.

SoFi Buys Galileo For $1.2B to Accelerate Digital Financial Transition

SoFi Buys Galileo For $1.2B to Accelerate Digital Financial Transition

San Francisco based online personal finance company SoFi has acquired Utah payment software company Galileo in a deal worthy of $1.2 billion in cash a... Read more.

Oil Prices Down on Monday, Agreement Between Russia And Saudi Arabia Close

Oil Prices Down on Monday, Agreement Between Russia And Saudi Arabia Close

Oil prices are trading down on Monday as investors didn't welcome the news about the postponement of the long awaited OPEC meeting between Russia and ... Read more.

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Jacob Bailey
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Emily Lanham
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Charles Adomako
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Sundar Kapadia
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Anatol Antonovici
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