Despite the third day in a row of a decreasing number of new coronavirus cases, the virus could yet turn into an uncontrollable global pandemic. Bill Gates worries that the virus, if it reaches Africa, could wipe out ten million people. [more]

The new deals represent Newgioco’s continued growth in the U.S. regulated sports betting market. NASDAQ listing should improve visibility and liquidity. Recent merger pegs Newgioco’s value at over $300 million on a comparative basis. [more]

Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]

The latest McClellan Chart-In-Focus report from McClellan Financial Publications postulates that there is a strong relationship between movements in the price of gold and the price of crude oil. This association indicates that oil will bottom in… [more]

Uber and Lyft, the two largest ride-sharing companies competing to be the leader in the global markets, just released their Q4/2019 earnings and guidance for 2020. In 2019, Uber had quarterly net loss of US$1.1B and annual loss of US$8.5B; Lyft had quarterly net loss of US$356M and annual loss of US$2.6B. Both plan to be EBITDA positive by the end of 2020. [more]

Alibaba, Amazon, Google, IBM, Microsoft and Oracle are all fighting for a pie of an industry growing at over 20% per year & estimated to be almost $75B by 2022. [more]

The market indexes stumbled on Friday after reaching all-time highs on Thursday. Nevertheless, within this context, dividend-paying stocks continue to perform well. [more]

Annual gold demand dips 1% year-over-year due to a decrease in consumer demand that over shadowed the higher investment demand for gold-related ETFs. [more]