Daily Profit
Amazon CEO Issues Warning
Stocks are down for the second consecutive day. Yesterday Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) reported quarterly earnings. Both companies reported a decent quarter – given the Covid-19… Read more
Apple CEO Reveals 2020 Plans
Shares of Apple are falling after the company reported quarterly results. Even the most valuable company isn’t immune to the coronavirus outbreak. The pandemic has hit the world’s most… Read more
Top 2 Stocks for America’s 2020 Comeback
Two great American companies are bouncing back. Just released corporate earnings show stronger-than-expected results. And the outlook appears to be better than expected. Alphabet (NASDAQ: GOOG) and Facebook (NASDAQ:… Read more
America’s True Unemployment Number
3.8 million: That’s how many new unemployment claims were filed last week. And it brings the total to more than 30 million unemployed in just six weeks. Many states… Read more
Dividend Investors: Cash Is King
News dropped Wednesday that U.S. gross domestic product fell 4.8% in the first quarter. The Commerce Department’s data painted a pretty grim picture; it shows drops in business activity… Read more
FDA Could Approve This Virus Drug Tomorrow
A Covid-19 drug could be approved as early as tomorrow. The U.S. Food and Drug Administration (FDA) plans to announce approval of remdesivir for emergency use. Remdesivir is an… Read more
GDP Plunges 4.8%, Stocks Jump 2%
America’s economy shrank by 4.8% in the first quarter, reflecting fallout from the coronavirus outbreak. That means the economy is definitely heading for a recession. A recession is defined… Read more
Federal Reserve Saves the Day
U.S. stock prices are rallying again to a seven-week high. Why? The Federal Reserve. These 5G stocks will be among the biggest winners (click here for details). The Federal… Read more
$23 Billion in Dividends Disappears
Dividends are on the chopping block. The Wall Street Journal reports that a record number of companies have suspended or canceled their dividends in 2020. In fact, more companies… Read more