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Goldman Sachs Picks 2 Stocks to Buy (and 1 to Sell)

If anyone thought last week’s three days of positive trading indicated a trend reversal, or even more implausibly, an end to the recently launched bear market, they were rudely awakened on Friday. Markets tumbled as the US overtook previous pandemic hotspots China and Italy with the unwanted statistic of having the highest number of coronavirus infections on record. It appears, then, that the new bear market will be around for a while, along with the accompanying bouts of volatility. How long will it last? Impossible to tell,…

Zoom Technologies Trading Suspended After Ticker Confusion

(Bloomberg) — Trading in Zoom Technologies Inc. (ticker: ZOOM) was suspended by the U.S. Securities and Exchange Commission Thursday through April 8 after the stock climbed in recent weeks amid confusion with Zoom Video Communications Inc. (ticker: ZM), the popular virtual-meeting company.The similar names had caused confusion, leading some investors to purchase shares in the…

Texas Billionaire Who Levered Restaurant Empire Hit on All Sides

(Bloomberg) — Last month, on the Friday before the U.S. stock market recorded its worst weekly plunge since 2008, Texas billionaire Tilman Fertitta was beaming.As he prepared to host an annual Mardi Gras celebration at a beachfront resort outside Houston, business was booming, pushing his personal fortune to more than $5 billion.A few weeks later…

Why Inseego Products Are In Demand During The Pandemic

Water and toilet paper have been flying off the shelves, and they're not the only household products in high demand due to the coronavirus pandemic.With the temporary solution to combat the spread of the virus being working from home, Inseego Corp's (NASDAQ: INSG) MiFi Jetpack 8800L and its MiFi 8000 internet boxes have been in…