Minnesota soybean farmers fear lasting scars from Trump’s trade war with China
TRACY, Minnesota — Months into a trade war with China, steel grain bins across rural Minnesota sit plump with soybeans without a market, and farmers are nervously eyeing balance sheets.
On Wednesday, news broke across an ocean that, ahead of a planned meeting between President Donald Trump and China’s president, Xi Jinping, China had purchased three cargoes of U.S.
» Read more about: Minnesota soybean farmers fear lasting scars from Trump’s trade war with China »
Read MoreDeal between the US and China is undoing damage from a self-inflicted trade war
BUSAN, South Korea (AP) — Three-digit tariffs are off the table, but import duties on each other are higher than in January.
Rare earth materials will flow more smoothly, but China has put in place an export permitting regime that it can tighten or loosen as needed.
Port fees will go away,
» Read more about: Deal between the US and China is undoing damage from a self-inflicted trade war »
Read MoreTrump's deal with Xi is a ceasefire, not an end to U.S.-China trade war
Like many of U.S. President Donald Trump’s deals, the one he is currently touting with China is thin on the details and thick on the hype.
Trump described his meeting Thursday with Chinese President Xi Jinping as amazing and rated it a 12 out of 10. He told reporters that China will buy “tremendous amounts”
» Read more about: Trump's deal with Xi is a ceasefire, not an end to U.S.-China trade war »
Read MoreIs Nvidia Stock Overvalued?
-
A big recent run-up in a stock’s price does not necessarily mean the stock is “overvalued.”
-
A price-to-sales (P/S) ratio should not be used with respect to Nvidia stock because better valuation metrics are available since Nvidia has both earnings and positive cash flows.
-
A PEG (P/E to earnings growth) ratio is a much better valuation metric than a price-to-earnings (P/E) ratio because it takes earnings growth into account.
» Read more about: Is Nvidia Stock Overvalued? »
Read MoreIt's 'Going to Be Like a Shockwave' When Tesla's AI Innovations Hit. Should You Buy TSLA Stock First?
Tesla (TSLA) delivered record third-quarter results that CEO Elon Musk believes represent just the beginning of a transportation revolution powered by artificial intelligence (AI).
The electric vehicle (EV) maker posted new highs across deliveries, energy deployments, and free cash flow, generating $4 billion while building total cash and investments to over $41 billion.
The Burst
Pfizer’s Big Win Means What For Investors?
Pfizer just pulled off a big deal as it relates to the pharmaceutical landscape in the U.S. On Tuesday, the CEO announced a wide-ranging agreement with the Trump administration that will lower drug prices for many Americans.
At the center of this deal is a new government-backed portal called “TrumpRx”, a website designed to help patients access discounted prescription drugs by connecting them directly to manufacturers’ platforms.
» Read more about: Pfizer’s Big Win Means What For Investors? »
Read MoreThe Ivy
Bill Ackman Keeps Buying This 1 Stock
When billionaire investor Bill Ackman adds to a position quarter after quarter, investors pay attention.In Q2, his fund Pershing Square bought another 156,000 shares of Brookfield Corporation (NYSE: BN), extending a buying streak that’s now five quarters long.
Brookfield isn’t your typical conglomerate. It’s a $70 billion global powerhouse with interests spanning renewable energy,
» Read more about: Bill Ackman Keeps Buying This 1 Stock »
Read MoreThe Spotlight
Is This Dental Stock a Stunning Bargain?
Dentsply Sirona (NASDAQ: XRAY), one of the world’s largest makers of dental equipment and supplies, was created in 2016 when Dentsply merged with Sirona Dental Systems.
Fast forward to today, and the company is battling falling sales, mounting losses, and a stock price that has been hammered by more than 44% in the past year.
» Read more about: Is This Dental Stock a Stunning Bargain? »