Berkshire has agreed to buy the company's natural gas transmission and storage business for nearly $10 billion in cash and debt. The transaction amounts to nearly $10-billion in enterprise value.The odds of a continued Downtrend are 45%. The Momentum Indicator moved below the 0 level on June 12, 2020.

Brinkman also cited last week’s reports of an email from Chief Executive Elon Musk to Tesla’s staff saying, "breaking even is looking super tight."But he still thinks that Tesla shares have  a lofty valuation. According to Tickeron, TSLA's Aroon indicator reaches into Uptrend on July 02, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.

Biotech company Moderna   has reportedly delayed the start of a Phase III trial of its coronavirus vaccine. The healthcare website Stat News reported that Moderna was making changes to the trial plan, and therefore the start date of the Phase III study has been pushed back, according to investigators who did not want to be named. “My understanding was that they wanted to get the first vaccines given in July, and they say they’re still committed to do that,” one investigator said, according to Stat News.“As best I can tell, they’re close to being on target for that.” Moderna wrote on Twitter that "the trial is still expected to begin in July and we expect to be the first to start a Phase 3 trial.

Amazon's annual Prime Day sales event will reportedly get pushed back, due to COVID-19 concerns. The sales bonanza, which usually occurs  in July, might be delayed until October amid a possible second wave of COVID-19 cases  Citing an email to Amazon sellers, a Business Insider report suggests that Amazon has a "placeholder date" of Oct. 5 for Prime Day sales and promotions. No official announcement has been made by Amazon yet. Amazon sold an estimated $7.16 billion during Prime Day in 2019, according to Internet Retailer. According to Tickeron, AMZN enters an Uptrend because Momentum Indicator exceeded the 0 level on June 05, 2020 This indicator signals that AMZN's price has momentum to move higher, since its current price moved above its price 14 days ago.In 59 of 78 cases where AMZN's Momentum Indicator exceeded 0, its price rose further within the subsequent month.

Analyst Dan Ives said, “we're well ahead of expectations given the bleak COVID economic backdrop in a performance we would characterize as a 'major home run' speaking to its Teflonlike business model.That's well ahead of the Street consensus forecast of 72,000. According to Tickeron, TSLA's Aroon indicator reaches into Uptrend on June 19, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.

Ford Motor  reported a one-third drop in second- quarter sales from a year earlier, in line with analysts’ expectations. The automaker cited the coronavirus pandemic as a major reason behind the plunging sales. According to the company, Ford’s total Q2 sales decreased -33.3 percent. Daily rental revenue fell -94%, and commercial revenue plummeted -78%, due to production shutdowns. However, Ford's retail market share grew an estimated full percentage point to 13.3%, marking its best retail share quarter in five years – as the company shifted to online and remote sales.

" According to Tickeron, AAPL's Aroon indicator reached into Uptrend on July 01, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.In 268 of 416 cases where AAPL Aroon's Indicator entered an Uptrend, the price rose further within the following month.

Apple, Facebook, Amazon.com  and Alphabet’s  Google are expected to testify before a congressional committee , according to reports published late Wednesday. The testimony is related to antitrust issues. CEOs Tim Cook (Apple), Sundar Pichai (Google), Mark Zuckerberg (Facebook )and Jeff Bezos (Amazon) are expected to appear July 27, according to Reuters citing two sources familiar with the matter. Technology behemoth have been under the scrutiny of  the Federal Trade Commission and the Department of Justice for a while.The extent of user privacy and prevention of spread of false information and hate speech on their platforms are other topics that other concerns that the companies face from regulators.  

Pinterest got a price target hike from Deutsche Bank analyst. Deutsche Bank analyst Lloyd Walmsley boosted his price target on the image sharing /social media company’s shares to $27 from $20.In 11 of 11 cases where PINS's RSI Indicator exited the overbought zone, the price fell further within the following month.

General Mills reported fiscal fourth quarter earnings and sales that surpassed analysts’ expectations.The figure beat the $1.06 expected by analysts polled by FactSet. Sales climbed +21% year-over-year to $5.02 billion,  compared to analysts’ estimate of $5 billion. Strong demand for  baking goods, cereals, snacks and pastries led to accelerated net sales growth in the North America Retail segment, according to the company.

The COVID-19 virus has wreaked havoc on countries around the globe in 2020, both in medical terms and economic ones.The virus has taken a great toll on almost every economy around the world. Many pharmaceutical and biotechnology firms are working on vaccines for the COVID-19 virus.

 The companies range across 12 different sectors. The companies include Apple, Verizon,  AT&T, 3M, Adobe, and the U.S. units of Toyota Motor , Volkswagen  , and Daimler. This month, the Fed started purchasing  individual corporate bonds, (in addition to just ETFs that it started buying earlier).in the primary market). Tickeron's AI-powered scorecard rates SPDR® S&P 500 ETF Trust as SELL. SPY enters a Downtrend because Momentum Indicator dropped below the 0 level on June 26, 2020 This indicator signals that SPY's price has further to drop, since it moved below its price 14 days ago.

According to the  analyst,  Southwest shares have been historically  less volatile compared to  the industry. "We now expect traffic for the carriers in our coverage universe to recover to 2019 levels in 2023 as opposed to 2022," she said. "However, while we are taking the view that demand recovery will be slower than we were previously expecting, we continue to believe that demand for air travel will return to pre-Covid-19 levels and ultimately continue to grow from there." According to Tickeron, LUV enters a Downtrend because Momentum Indicator dropped below the 0 level on June 26, 2020 This indicator signals that LUV's price has further to drop, since it moved below its price 14 days ago.

One part of this piece of legislation was for banks to undergo an annual stress test to make sure the financial system could withstand different crises. Both the Volcker Rule and the Dodd-Frank Act have been in the news this week.The Volcker Rule entered the conversation as regulators rolled back some of the limitations on Thursday.  The Dodd-Frank Act also came in to play on Thursday as the results of the stress tests were released. Bank stocks rallied during the trading session on Thursday because of the news on the Volcker Rule.

Yeezy was recently valued at $2.9 billion. West will receive loyalty payments and "potential equity' related to sales targets of the brand over its ten-year timeframe, according to Gap.Yeezy Gap will be available in stores next year. "We are excited to welcome Kanye back to the Gap family as a creative visionary, building on the aesthetic and success of his YEEZY brand and together defining a next-level retail partnership," said Mark Breitbard, Global Head of Gap Brand. Technical Analysis (Indicators) for GAP Bearish Trend Analysis The Moving Average Convergence Divergence (MACD) crossed below the signal line.

McDonald's  confirmed that it had phased out its Beyond Meat burger trial in Canada.  McDonald's launched two consecutive trials of its plant, lettuce and tomato burger in several restaurants in Ontario Between Sept. 30 and April 6.In 51 of 57 cases where BYND Aroon's Indicator entered an Uptrend, the price rose further within the following month.

Aurora Cannabis announced that it was retrenching about 700 employees, and closing five production facilities.It also expects to record a charge of up to $140 million in the carrying value of certain inventory. Tickeron's AI-powered scorecard rates Aurora Cannabis a STRONG SELL. ACB enters a Downtrend because Momentum Indicator dropped below the 0 level on June 05, 2020 This indicator signals that ACB's price has further to drop, since it moved below its price 14 days ago.

Nvidia  has landed a deal with Daimler's  Mercedes-Benz, for autonomous and semi-autonomous vehicles. On Tuesday, it was announced that Nvidia’s Drive hardware/software platform will enable  a “new software-defined architecture” for Mercedes’ next-gen vehicles. The vehicles are expected to have  “state-of-the-art” automated driving functionalities, such as  the ability to automate driving of regular routes from address to address. The cars will begin rolling out in 2024. Mercedes’ software architecture will have Nvidia’s Orin system-on-chip which has 12 ARM CPU cores and a GPU based on Nvidia’s new Ampere architecture, and is supposed to process 200 trillion deep learning operations per second (TOPS) while consuming just 45 watts of power. Tickeron's AI-powered scorecard rates Nvidia a STRONG BUY. NVDA enters an Uptrend because Momentum Indicator exceeded the 0 level on June 09, 2020 This indicator signals that NVDA's price has moment

The current health crisis has created a lot of buzz around the biotech sector as several companies from the sector are working on potential vaccines against the COVID-19 virus.Many of the companies are overvalued at this time, but the fundamentals of many are really good. I looked at the SPDR S&P Biotech ETF (NYSE: XBI) and its components.

On Friday, CarMax  reported fiscal first-quarter earnings that saw a steep plunge from the year-ago period, on shutdown due to the covid-19 crisis. The retail used-cars company’ net earnings fell to $5 million, or 3 cents a share, from $266.7 million, or $1.59 a share in the year-ago period.  The EPS was also lower than the 4 cents expected by analysts polled by FactSet. Sales declined -40% year-over-year to $3.23 billion, compared to analysts’ expectation of $2.7 billion.Comparable-store used unit sales dropped -42% during the quarter. The overall result also included a $122 million in loan-loss provisions for CarMax’s financing unit.