Luckin Coffee to Be Delisted from NASDAQ

Luckin Coffee (LK) dug itself quite a hole. Not only did the company commit accounting fraud after scheming to produce millions of dollars in fictional revenue, Luckin Chairman Charles Lu allegedly sent an e-mail to employees, telling them to commit fraudulent acts. Now, it just announced it would no longer fight the NASDAQ’s decision to … Continue reading “Luckin Coffee to Be Delisted from NASDAQ”

World Health Organization Issues Warning of “Accelerating Pandemic”

Virus cases are still spiking around the world. Just over the last 24 hours, the world has seen another 183,000 new cases, says the World Health Organization.  Brazil reported 54,771 cases in a day.  The U.S. reported 36,.617.  And India reported an increase of 15,400. In the U.S., we’re seeing big spikes in Alaska, Arkansas, … Continue reading “World Health Organization Issues Warning of “Accelerating Pandemic””

Lithium Supply Crunch Leading to Monumental Opportunity

A massive lithium supply crunch could soon create one of the greatest investment opportunities of the year. In fact, according to Reuters: “A new demand surge is already looming in the form of the multiple ‘green stimulus’ packages as governments try and kick-start locked-down economies. You don’t have to be a market genius to see that … Continue reading “Lithium Supply Crunch Leading to Monumental Opportunity”

A Massive Psychedelics Boom is Already Here

A massive  $100 billion psychedelics boom is already here. With sizable potential to treat a wide range of mental and health issues for millions of people around the world, psychedelics are creating massive profit potential. You see, after years of being written off, psychedelics – like LSD, MDMA, and psilocybin are on the cusp of … Continue reading “A Massive Psychedelics Boom is Already Here”

The Top Hurricane Season Stocks for 2020

With the 2020 hurricane season under way, we could see another active year.  In fact, according to the National Oceanic and Atmospheric Administration (NOAA), we could see up to 19 storms this year. At the same time, we can actually profit from hurricanes, as some companies predictably see a jump in costs as they repair … Continue reading “The Top Hurricane Season Stocks for 2020”

Baidu May Soon Delist from the NASDAQ

Baidu (BIDU) may delist from the NASDAQ. All thanks to rising tensions between U.S. securities regulators and China.  The company is considering the move after the U.S. Senate passed a bill that would require additional reporting requirements on foreign-owned stocks.  “For a good company, there are many choices of destinations for listing, not limited to … Continue reading “Baidu May Soon Delist from the NASDAQ”

Aurora Cannabis (ACB) Higher on Deal to Enter U.S. CBD Market

Aurora Cannabis is rocketing this morning on news it struck a deal to enter the U.S. cannabis market after buying CBD company, Reliva.  “It’s immediate access into the world’s largest cannabinoid market,” Aurora Executive Chairman and interim CEO Michael Singer, as quoted by CNBC. “I think the Reliva acquisition is a responsible strategic entry into the … Continue reading “Aurora Cannabis (ACB) Higher on Deal to Enter U.S. CBD Market”

Amazon.com Expresses Potential Interest in AMC Entertainment

Shares of AMC Entertainment (AMC) are up more than 38% this afternoon. All on news Amazon.com expressed interest in acquiring the movie chain. “A deal would mark a pivotal moment in the history of the film industry and would give the streaming giants an even tighter grip on Hollywood. Amazon and Netflix have shaken up … Continue reading “Amazon.com Expresses Potential Interest in AMC Entertainment”

The Top Companies Nearing a COVID-19 Vaccine

The coronavirus is still wreaking havoc around the world. To date, total confirmed global cases are up to 3.6 million, with 252,102 deaths.  In the U.S., the number of cases is up to 1.18 million.  In Spain, it’s up to 218,011.  In Italy, 211,938.  In the UK, 191,8332.  In France, it’s up to 169,583.  And … Continue reading “The Top Companies Nearing a COVID-19 Vaccine”

This is Why Oil Could Easily Drop Back into Negative Territory

Oil prices are still plunging on supply concerns. Last checked, oil was down 10% to $11.49.  All as global storage capacity plummets, and as COVID-19 keeps demand at extreme lows. “Our industry has been hit by supply and demand shocks on a scale never seen before,” BP CEO Bernard Looney said in a statement after the oil … Continue reading “This is Why Oil Could Easily Drop Back into Negative Territory”