How Microsoft’s TikTok Tussle Risks a U.S. Stock Market Shock

China is beginning to pushback against the Microsoft-TikTok acquisition talks. The Chinese state media described the situation as a “smash and grab.” As geopolitical risks continue to intensify, the U.S. stock market is at risk of turbulence. Microsoft is in the process of discussing a deal with ByteTree to acquire TikTok in the U.S. But, …

Microsoft’s TikTok Buyout Alarms Critics

Analysts are against Microsoft purchasing TikTok due to data concerns. Tech researcher Alex Stamos said the argument is moot because Microsoft does not need additional user data from TikTok. Republican leader Kevin McCarthy says it is a win for the Trump administration. Many analysts are not happy with Microsoft’s planned buyout of TikTok’s U.S. business. …

Here’s Why Exxon Should Slash Its Giant Dividend

Investors love energy stocks because of their large, reliable dividends–but it’s a new day. Exxon is losing boatloads of money because of historically low oil prices in the second quarter, and it’s time for investors to tighten their belts. The oil and gas industry needs to slash its excessively large dividend payments instead of brutally …

Jeff Bezos Is Worth $179 Billion

Amazon has leaped from strength to strength during the pandemic. Four analysts recently raised their AMZN stock price targets – two as high as $3,600. This means Jeff Bezos could be worth $210 billion within 12 months, though threats remain. Amazon (NASDAQ: AMZN) founder and CEO Jeff Bezos is already the richest person on planet …

This Is Why Carnvial Cruise Is Drifting Dangerously Close to Bankruptcy

Carnival Cruise has pushed back its restart date as the pandemic intensifies. The company’s debt load and cash burn are spiraling out of control. Bankruptcy is on the table for this embattled cruise operator. Shareholders could get wiped out. Carnival Corporation (NYSE: CCL) could be on the road to bankruptcy. This week, the company revealed …

Desperate Measures Won’t Save American Airlines

American Airlines is relaxing social distancing measures beginning in July. The carrier’s break-even load factor is the highest among the big four U.S. airlines. American is the most heavily indebted U.S. airline at the moment. American Airlines (NASDAQ:AAL) will end the physical distancing policy on its flights in July. The decision comes at a time …

Elon Musk Has Every Reason to Be Absolutely Terrified of Jeff Bezos’ Latest Purchase

The space rivalry between Jeff Bezos and Elon Musk has extended to cars. Amazon’s interests in alternative-energy cars and self-driving vehicle startups are growing by the day. The online retail giant is reportedly eyeing a robotaxi business. Elon Musk’s saltiness over Jeff Bezos’ growing encroachment on his turf is no longer concealable. Hours after it …