Right before the corona crisis, the NASDAQ peaked at 9,817. It closed yesterday at 11,665. The tech-heavy index has been setting records consistently since mid-June. The S&P 500’s post-crash performance has been almost as good. It’s clear that investors are in a buying mood. Despite all of the uncertainty in recent weeks – the resurgence
Month: August 2020
Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts’ estimates. Tiffany’s results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during
by Arkadiusz Sieron, PhD The epidemiological outlook improves, while the U.S. stock market reaches one record high after another. But the key question today for the gold investors is: what will Powell say? The U.S. stock market is in the bullish mood. Although Dow Jones is still a few percent below its February peak, the S&P
For aviation-minded investors with their heads in the clouds, there are plenty of investing options structured around the aviation and defense industries–if they’re open to the format. When it comes to mutual funds, the only aviation mutual fund that is directly targeted to the aerospace and defense sector is the Fidelity Select Defense and Aerospace
The New York Stock Exchange has won the approval from regulators to allow companies to issue new shares through direct listings, creating a cheaper alternative to the traditional initial public offering. The Securities and Exchange Commission said in an order Wednesday evening that it approved a new type of direct listing where companies can simultaneously
Military tension between Washington and Beijing is surging after China launched missiles capable of hitting US warships and military bases into the disputed South China Sea. The People’s Liberation Army on Wednesday “fired four medium-range missiles into [an] area between Hainan and the Paracel Islands,” said a US military official on Thursday. Another US military
Black athletes in US sports have led a boycott of games to protest against racial injustice and police brutality, in a show of player power that threatens a shutdown of America’s multibillion-dollar sports industry. The move was triggered when the Milwaukee Bucks pulled out a playoff match on Wednesday. The basketball team is based about
Protesters block a courthouse entrance in Los Angeles on Aug. 21, 2020. VALERIE MACON | AFP | Getty Images The rich really are getting richer. We know this, but two Federal Reserve economists have recently examined the evidence and concluded the gap is getting even wider. Federal Reserve Board economists Isabel Cairo and Jae Sim
The SEC is loosening rules on private market access, expanding who can invest in a sector that has been criticized over lack of transparency. Under the new order, SEC or state-registered advisors and certain brokerage license-holders, among other individuals and institutions, can now be considered accredited investors, giving them access to investments that include private
Japanese messaging company LINE has launched a blockchain development platform called LINE Blockchain Developers for decentralized applications and services. The company has also launched a digital asset wallet named BITMAX that will allow users to centrally manage all the fungible and non-fungible digital assets they obtain from various blockchain services on the LINE Blockchain. LINE’s
As a hurricane approaches, protecting your home becomes a priority. getty Hurricane Laura continues to strengthen to a Category 5 storm as it barrels toward Texas and Louisiana. Potentially devastating winds and storm surge threaten 1.1 million homes with over $265 billion in reconstruction cost value, reports CoreLogic, a global property data and analytics provider.
The Covid-19 crisis is requiring everyone to do something that former FBI hostage negotiator Chris Voss built a career on: make tough, stressful decisions. “I like action, I hate inaction and inertia, and with the pandemic, it is requiring us to make decisions,” said Voss, who now runs his own consulting firm, Black Swan Group.
Russia and China De-dollarization Approaching ‘Breakthrough Moment’ China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between … read more. Why the Rise of the
getty In a positive development for bar applicants and the reputation of the Florida legal community, the Florida Supreme Court announced on Wednesday, August 26, 2020 that the Florida Board of Bar Examiners (“FBBE”) rescheduled the bar examination to take place on October 13th, with October 14th being reserved as a day to continue testing
Norman, Oklahoma, voters on Tuesday rejected a bond measure to fund an aquatics and multi-sport center.City of Norman Oklahoma voters shunned some bond proposals in local elections Tuesday, including $120 million proposed in the city of Norman. The bond vote was the first in the state since the coronavirus crisis struck the U.S. in March.
Entertainment Teleschau “So eine hohle Frucht!” Sarah Knappik in RTL-Show übel beleidigt Eine “Bitch” sei Sarah Knappik, “nervig und widersprüchlich”. Melanie Müller ließ im RTL-Format “Like Me – I’m Famous” kein gutes Haar an ihrer Konkurrentin und bekam dabei ordentlich Unterstützung. Einen anderen Kandidaten fand sie dagegen “zu lieb für die Welt” – worauf der
The BIS’ use of gold swaps and derivatives has been extensive… Robert Lambourne via GATA By Robert LambourneWednesday, August 26, 2020 The recently reported July statement of account of the Bank for International Settlements discloses that the bank’s use of gold swaps increased strongly that month to an estimated 474 tonnes, up 21 percent from
Box announced better-than-expected 2Q results fueled by strong cloud storage demand amid the pandemic-led shift to remote working. The cloud storage solution provider’s shares rose 8.8% in the extended trading session on Wednesday. Box (BOX) reported 2Q revenues increased 11% to $192.3 million year-on-year, surpassing analysts’ expectations of $189.6 million. Adjusted EPS of $0.18 beat
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: NetApp — NetApp shares rose more than 10% in after-hours trading after the data-storage company reported unexpected earnings and sales growth. NetApp reported adjusted earnings of 73 cents a share, up from 65 cents a share a year ago. Analysts had expected
by Michael Markowski Covid-19 was an unforeseen event which shocked the economies and markets of all of the world’s countries. Based on new empirical research findings covering two prior economic shock events the collateral damage and side effects from the Coronavirus will be significant and long-lasting. The two prior periods which caused significant damage to
U.S. Bank, one of the country’s largest banks with a history dating to 1863, offers banking products to customers nationwide. The company has two, unsecured, fixed-rate personal loans for existing U.S. Bank customers. In this review we will focus on the U.S. Bank Personal Loan, as well as cover a few key details of the
Kevin Mayer has quit TikTok just months after becoming chief executive of the Chinese video app accused by the Trump administration of threatening national security, according to a letter to employees seen by the Financial Times. Mr Mayer told employees at TikTok and ByteDance, which controls the app, of his decision to leave on Thursday,
A white supremacist charged with killing 51 people in terror attacks on two mosques in Christchurch last year will spend the rest of his life in prison, a New Zealand court ordered on Thursday. Brenton Tarrant, a 29-year-old Australian national, refused his right to address the court during a sentencing hearing, leaving a court-appointed lawyer
Interest in alternative investments is rising as advisors look for new ways to generate alpha in an era dominated by index investing. BNY Mellon Pershing wants to make access to these products easier with a pair of new integrations that automates document workflows between Pershing’s custodian platform and two prominent alternative investment sponsors: CAIS and
Blockchain-based lending platform Celsius (CEL) Network has raised $20.17 million from more than 1,000 investors with one day to go in its recently extended crowdfunding offering. The most recent extension occurred long after passing the $17 million ‘target’, which itself was a substantial increase on the original $10 million to $15 million target. Celsius trumpeted
Million Dollar Beach House, the latest Netflix NFLX offering in the world of reality real estate shows, debuts today. From Beverly Hills to the Hamptons, glimpses into multimillion-dollar homes and the people who sell them have become hot properties. Million Dollar Beach House From Netflix Netflix Bravo’s Million Dollar Listing Los Angeles boosted the careers
Billionaire investor Sam Zell told CNBC on Wednesday that corporate leaders have a role to play in helping U.S. cities stave off a serious economic decline in the wake of the coronavirus pandemic and a summer of social unrest. “It’s going to require leadership. It’s going to require leaders of all the companies to come
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading
Dollar bills, calculator and 401 k Plan getty Readers, after publishing my prior article, with the clunky title, “Joe Biden Promises To End Traditional 401(k)-Style Retirement Savings Tax Benefits. What’s That Mean?” I received, generally speaking, two types of feedback: first, challenging me with respect to my statements, in general, of Biden’s plan; and, second,
The Puerto Rico Electric Power Authority would save around $600 million by using renewable energy, according to a regulatory proposal suggesting the switch from the utility’s preferred plan focusing on natural gas. The Puerto Rico Energy Bureau rejected natural gas expansion proposals included in PREPA’s integrated resource plan in an order issued Monday, instead calling
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 44
- Next Page »