SuffelStocks™ Day 17

By Brandon M. Suffel Founder Breakfast at Midnight April 24, 2020

AT&T CEO plans to hand over the wheel on Jul. 1, what’s up with that? Macy’s in some BIG debt. And, does the sun have the power to stop the coronavirus?

Make sure to follow me on Twitter for live posts and updates @SuffelStocks, I can also be found on StockTwits @SuffelBMS.

AT&T CEO plans for retirement

Randall Stephenson to Retire as AT&T CEO
From Left to Right: CEO Randall Stephenson and COO John Stankey

AT&T CEO Randall Stephenson, announced to the general public he plans to step down as the CEO, and relieve of his duties, then handing it over to President and COO John Stankey of AT&T. Stankey plans to take head of the ship on Jul 1.

AT&T is swimming in rough waters, and as of lately, the waters have only gotten choppier. Subscribers of AT&T service have slowly depleted over the years making the move to cheaper and better options.

CNBC – Stankey will take over AT&T as the company is navigating the Covid-19 pandemic while juggling a massive debt load, a mass loss of subscribers for DirecTV and its entrance into the streaming wars with the launch of HBO Max next month.

$T stock served a full-course meal in the market, just barely staying bullish in the market on a Friday, after another tough week. With a made small profit of just $0.21 (+0.71%)/share today, $T is having a-needed euphoric Friday.

CNBC – AT&T CEO Randall Stephenson to step down, COO Stankey to take over

Retailer Macy’s: facing some debt trouble

Macy's - Shop Fashion Clothing & Accessories - Official Site ...

Macy’s is supposedly using its own inventory and real estate as collateral. As their stores have been closed since the coronavirus pandemic continues to wreak its havoc.

They’re in almost $5 billion worth of debt, letting go of almost 130,000 of its employees. Ever since stores have been closed as of Mar. 18.

They’re hoping to raise $3 billion in their collateral, and $1 to $2 billion in real estate.

Macy’s might just not be the same for shoppers once restrictions are eased, and then coming to a painful ending.

$M shares rest at a puny $5.02/share. Shares today traded much better in the afternoon, and overall finished with a solid gain of $0.13 (+2.66%).

Morning Brew – Companies Both Surging and Struggling Tap the Debt Markets

The Power of the Sun

sunny-beach - Purity Bridge

As the summer slowly approaches, and thoughts of sunbathing, warm beaches, and melting ice cream swarm our trapped thoughts, how are we so sure summer will ever be the same?

Sunlight is healthy, consisting of the important vitamins necessary to keep us alive–like vitamin-D; however the sun can also be deadly as heat can dehydrate you awfully quick. In the summertime, most viruses and infections tend to slow-down. For instance, flu, cold, and pneumonia symptoms tend to decrease. Could the novel coronavirus join this besieged group of life marauders?

A study done by ecological modelers at the University of Connecticut have found UV light (ultraviolet light) to be an effective weapon against the vindictive COVID-19 germ. Which has taken the lives of 196k individuals worldwide, ranging from all age groups. While the elderly seem to be the most at stake.

Scientists in the study, believe the virus will be least effective in warm-and-sunny temperatures. However, the virus still managed to spread in warm areas like Iran, Australia, and other warm countries stretching around the globe. And once the Fall turns the corner, how are we so sure the virus won’t come back, and swinging harder.

As days linger, and the virus continues its spreading rampage, more and more plausible, contradictive, and rambunctious solutions are shared. At this point, it sounds like desperate times call for desperate measures.

NYT – Could The Power of the Sun Slow the Coronavirus?

SuffelStocks™ Day 16

By Brandon M. Suffel Contributor for Breakfast at Midnight April 2020

Zoom has been rockin’ it lately! How are cruise line stocks doing? Do you plan on attending the Travis Scott Fortnite concert later? We’ll tell you all about it on today’s edition of SuffelStocks™.

Make sure to follow me on Twitter for live updates @SuffelStocks


Video Conferencing, Web Conferencing, Webinars, Screen Sharing - Zoom

Zoom Video Communications is killin’ it lately in the market. Despite the backlash from public school districts, planning to move away from using Zoom for primary education, and lawsuits consisting of security concerns, Zoom is showering in the moment of triumph.

Since March, when schools and businesses moved to Zoom, shares have been up-and-down, however bullish, and on some days bearish. For instance, when I covered the four and a quarter point loss on Apr. 6, I made it clear, Zoom needed to figure it out, whatever it was. Since Apr 6. shares have jumped $46.66 (+37.95%). I guess they figured it out.

Today, $ZM stock reached a price hike I haven’t seen before. Shares jumped an astounding $19.38 (+12.86%). $ZM stock now priced at $169.90 indicates they’re a big player in the market enduring the COVID-19 (coronavirus) pandemic.

What’s happened to Cruise Line stocks?

The Best Cruises in the World

Ever since the coronavirus pandemic took into effect, airlines and cruise lines were an immediate victim to the fault. Headlines flood the internet of infected ships. For instance, as of just recently, another cruise ship had docked with victims onboard carrying COVID-19 two weeks ago, in Miami FL.

News Week — Apr. 5, 2020

As for the ‘Big Three,’ they have been fared well lately.

Norwegian Cruise Holdings (NYSE: $NCLH) in the past three months has lost almost 80% of its value. As for Royal Caribbean (NYSE: $RCL) they’ve lost 70% of its value in the past three months. And finally, Carnival (NYSE: $CCL) has lost over 75% of its value in the last three months.

As for today, all three Cruise Line corporations woke up on the right side of the bed.

$NCLH stock is currently trading on the NYSE at $11.34/share. Shares slowly recovered at gain of $0.47 (+4.39%).

$RCL is trading at $37.57/share on the NYSE. Today’s gains consisted of $2.56 (+7.60%).

And finally, $CCL, also trading on the NYSE, flows at $12.20/share, making marginal gains of $0.56 (4.80%).

Travis Scott in Fortnite?

Fortnite' Travis Scott Concert Start Time: Get Into Astronomical Early

A game loved by the adolescent, and the Esport pros, Fortnite has taken over the gaming realm year-after-year since its release in Jul. 2017.

Even though Fortnite is mainly played as a Battle Royale game, they have more to offer than just new skins and cosmetics.

As of lately, Fortnite has hinted at another concept of having another concert in-game, as for an event for players to meet-and-greet world-wide, and enjoy their favorite songs from an iconic music mogul.

They’ve done it before with Marshmello. This time, they’re doing it with Travis Scott.

Travis Scott is kicking off his Astronomical debut on Fortnite. Releasing to the mass-quarantined public a wide-variety of his iconic songs, and some of which are unreleased.

The times are bellow. And to be safe, make sure to log into your Fortnite account 30 minutes prior to the show!

  1. Thursday 4/23 – The Americas – 7PM EDT
  2. Friday 4/24 – EU & ME – 10AM EDT
  3. Saturday 4/25 – Asia & Oceania – 12AM EDT
  4. Saturday 4/25 – EU & ME – 11AM EDT
  5. Saturday 4/25 – The Americas – 6PM EDT

Forbes – When And Where To Watch Fortnite’s Travis Scott Concert: Full Schedule, Show-times, And Dates For Astronomical

SuffelStocks™ Day 15

By Brandon M. Suffel Contributor for Breakfast at Midnight April 22, 2020

Twitter, Facebook, and Snap surge in the market today. There’s an ‘in-home’ test? Who’s it available to? LabCorp. will address those concerns.

Follow me on Twitter @SuffelStocks

Twitter, Facebook, and Snap

Today the three social media giants have taken over the market. Ever since Jack Dorseys latest pledge, donating over a billion dollars to coronavirus pandemic relief, Twitter’s stock has vehemently soared in the market.

Twitter (@Twitter) | Twitter

$TWTR stock soared to a mere $28.27 a share. Shares had jumped $2.52 (+9.85%).

I wouldn’t be surprised if Twitter shares continued to experience gradual volatility and bullish results since most users are at home, working from their personal devices. You wonder what most minimal distractions come from.

Facebook, on the other hand, has also achieved grave attraction. Discussion posts ranging from nonchalant interactions to enraged political debates have only grossed in number.

Facebook - Apps on Google Play

$FB share prices rallied in the market today. $FB reached $181.50 a share in the after hours. Shares elegantly rose at a mere $10.70 (+6.29%).

As for yesterday’s predominate market victor–Snap Inc. continued to triumph in the market, following Q1 earnings.

Snapchat Daily Users Jump 20% in Q1, Sending Snap Stock Price ...

$SNAP shares have now just reached $17.10 a share, showing a radiant green chart flowing beautifully high, today. $SNAP shares became $4.66 (+37.27%) richer.

Test for COVID-19 while staying at home

LabCorp Cyberattack Impacts Testing Processes

A company known as LabCorp, had their ‘in-home’ tests finally approved by the F.D.A yesterday, Apr. 21. Their test is similar to the Abbot Laboratories $ABT test. Just a simple swab to the inside of your nasal cavity, and you’re good to go. However, you must mail-in your at-home test, compared to the five minute test done by Abbot’s testing kit in medical offices, hospitals, and testing sites.

You must have a doctors recommendation in order to receive-and later-take the test.

The priority in testing rests at the hands of medical professionals, who will be the first to be served. This ensures medical professionals on the front lines, who are worried of a COVID-19 infection of their own, can and will be tested while in self-quarantine without leaving the house and possibly risk infecting others.

Tests will come to $119 out of pocket.

LabCorp – Laboratory Corp. of American Holdings – $LH shares jumped $6.82 (4.58%) a share today. A month ago shares read $104.32

New York Times – The F.D.A approves the first in-home test for the coronavirus