Warren Buffett’s firm sells nearly 13 million shares in Delta Airlines

In these unprecedented times, we are beginning to see a trend forming amongst investors in the international markets. Investor confidence is beginning to decay as Unemployment rates spike and companies begin to double down on liquidity solutions and slimming cost. Warren Buffett’s Berkshire Hathaway had reportedly sold $314 million USD of Delta Airways (NYSE: DAL) stock between the 1st and 2nd of April.… Read more

Are Royal Caribbean and Carnival Cruises a viable long term investment?

The global shutdown of the transportation and tourism industry has lead to some of the biggest Cruise lines across the globe halting operations until further notice. Subsequently, these Cruise line giants have lost almost 2/3 of their share value since February. Royal Caribbean (NYSE: RCL) and Carnival Corporation (NYSE: CCL) both share a market cap north of $5 billion, marking them the biggest contenders in the US.… Read more

How “Wolf of Wallstreet” Star built a $240 million empire from Ethical Investments

Leonardo DiCaprio is a renowned actor known for starring in blockbusters such as Titanic, Shutter Island and more recently playing the role of  Jordan Belfort in “Wolf of Wallstreet”. Ironically enough, Leonardo’s character in “Wolf of Wallstreet” depicts a Stock Broker from Long Island, that pleaded guilty to securities fraud and money laundering.… Read more

Is it time to buy Tesla shares?

Markets are expected to bounce back this morning on the wake of Donald Trump pushing a payroll tax cut to combat the Coronavirus effects on the US economy. With markets looking strong, Tesla is expected to open at $661 (9:07 am EST), a 8.72% increase according to the pre-markets.… Read more

iBio opens 23% lower this morning before recovery, will there be a better opportunity for entry?

Markets hit turmoil this morning as the Dow Jones sunk 1,600 points and the S&P was down over 6% at open. With a major sell-off, which caused the bloodbath on Wallstreet this morning, iBio had a very volatile first few hours of trading. After an early plummet to lows of $1.59, the stock quickly bounced back up to highs of $2.33 before settling at $1.80 in the early afternoon (1:30 pm EST).… Read more