People wear protective face masks outside Salesforce Tower as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 22, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines after the bell: Salesforce — Shares of the software company dropped
Month: December 2020
by Przemyslaw Radomski via Sunshine Profits As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again provides us with some
Charles Schwab helped revolutionize the brokerage industry when, in 1975, it became one of the first firms to offer discounted stock trades. This move allowed American investors to buy stocks with sharply lower commissions that those charged by Wall Street investment houses. E*TRADE had an equally disruptive impact in the 1990s as the first broker
Companies listed on Nasdaq should have at least two “diverse” board directors under new rules proposed by the exchange on Tuesday, in a potentially significant expansion of a global movement to force companies to shed white, all-male leadership teams. The move comes after the state of California introduced mandatory gender quotas this year, and Germany
Debenhams will be liquidated in the new year with the probable loss of more than 12,000 jobs, bringing 200 years of retail history to an ignominious end and compounding the crisis on the UK high street. The department store chain’s fate was sealed on Tuesday when JD Sports decided not to launch a rescue bid.
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters S&P’s action on Tesla showed the growing power of indexers and passive investing. S&P Dow Jones Indices has announced that Tesla will be added to the S&P 500
Equity ETFs have overtaken their fixed-income peers for inflows this year thanks to November’s epic stock rally. After lagging bond funds for most of 2020, ETFs tracking equities lured a record $81 billion last month, bringing their total haul for the year to $196 billion, according to data compiled by Bloomberg. That catapulted them ahead
The Commodity Futures Trading Commission, or CFTC, is having a banner year in crypto enforcement. Per the commission’s annual review released on Tuesday, fiscal year 2020 featured seven monetary relief actions against firms engaged in illegal activity in crypto, which is a new record. The review said: “In conjunction with the Division’s Digital Asset Task
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. getty As we reach the final quarter of the year, few real estate experts are likely looking back on 2020 and boasting about their accurate forecasting abilities. Last year at this time, no one could have predicted the trends
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the upcoming listing of HUB on the 1st of December 2020 at 14:00 UTC. HUB was created by the Human Trust Protocol Network, under founding member Eric Ly. HUB will be listed with BTC and USDT trading pairs. What is the Human Trust Protocol? Human Trust Protocol
BOSTON, MA – SEPTEMBER 2: A Care partner helps a resident during lunch at an assisted living … [+] facility. (Photo by Craig F. Walker/The Boston Globe via Getty Images) Boston Globe via Getty Images The statistics simply are staggering. More than 728,000 residents and staff of long-term care facilities have contracted covid-19 over the
A federal court should strike down the Securities and Exchange Commission’s conditional exemption for muni advisors because the regulator did not solicit stakeholders’ input and was “arbitrary and capricious,” according to the Securities Industry and Financial Markets Association. SIFMA made its case in a newly-filed brief in the U.S. Court of Appeals in Washington D.C.,
TipRanks These 2 “Strong Buy” Penny Stocks Could Go Boom, Says Roth Capital What kind of stocks stir up controversy like no other? Penny stocks. These tickers trading for less than $5 per share have earned a reputation as some of the most divisive names on Wall Street, with these plays either met with open
The media continues to act as though Joe Biden is already President. Who do you think the market is predicting as winner of this election? by Graham Summers of Gains, Pains, & Capital The media continues to act as though Joe Biden is already President. He’s not. In fact, technically, he’s not even President elect.
Pfizer Inc. and its German partner BioNTech have filed a formal application to the European Medicines Agency (EMA) for conditional marketing authorization (CMA) of their mRNA vaccine candidate, BNT162b2, against COVID-19. Pfizer shares advanced 2.7% in Tuesday’s pre-market trading, while BioNTech declined 1%. Pfizer (PFE) said that the submission completes the rolling review process initiated
by Michael Snyder When people become desperate enough, those in power can get most of them to do just about anything. The first wave of lockdowns knocked us into the worst economic downturn since the Great Depression of the 1930s, it sent suicide rates soaring all over the globe, and it plunged millions upon millions of
E*TRADE and TD Ameritrade have followed similar paths over the last three decades, all the way up to being acquired in October 2020. Their track records of trustworthiness and efficient order execution date back to the advent of online trading in the early 1990s. These financial powerhouses have grown exponentially in customer base and service
Veteran Silicon Valley venture capitalist Michael Moritz will be the next chairman of Klarna as the Swedish fintech continues its push into the US by considering becoming a bank there ahead of a likely stock market listing. Sir Michael, a partner at one of Klarna’s earliest investors Sequoia Capital, has been a director at the
The UK is set to suffer more economic pain from the coronavirus crisis than any other leading economy apart from Argentina, the OECD said on Tuesday, highlighting the spread of the virus and deep downturn across Britain. In its twice-yearly economic outlook, the Paris-based international organisation said that the world economy would on average regain
Looking at any job or career path, a natural question arises: What am I going to be paid? For advisors, the answer isn’t always straightforward. In fact, it’s quite complex and changing. That’s why Financial Planning has dedicated this issue to examining a complicated topic: What’s next for advisor pay? To get a better handle
Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them. Notably, Xangle’s survey is small-scale, based on 600 respondents who invested in an ICO sometime between 2017 and October 2020. The majority (44%) of
A person walks by a sign that reads, “restaurant for lease” outside a restaurant in Hell’s Kitchen … [+] (Photo by Noam Galai/Getty Images) Getty Images Over the past few weeks, we took a look at how the current Covid-19 pandemic is affecting the residential and CRE markets, and the tech that is being deployed within them to
John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction Sean Ono Lennon, the son of the Beatles’ John Lennon, says bitcoin gives him optimism amid the “ocean of destruction” this year. He believes that the cryptocurrency empowers individuals the way they have never been empowered before. Bitcoin Gives Sean …
By Richard Eisenberg, Next Avenue getty Having trouble managing your finances, research has shown, can be an early sign of cognitive difficulty and even dementia. But two fascinating recent studies suggest how important it can be to your mental health and your wallet to keep up your financial literacy and your confidence about it as
Federal Reserve Chair Jerome Powell is cautioning lawmakers that the U.S. economy remains in a damaged and uncertain state, despite progress made in the development of COVID-19 vaccines. “Recent news on the vaccine front is very positive for the medium term,” Powell said in testimony released Monday ahead of a Tuesday hearing before the Senate
An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs. 48250.0 from Rs. 48240.0. Although, It was also lower than the previous week average of Rs. 48,748.5714285714 by 1.02%. The spot gold price in India(Rs. 48,250.0) increased by 0.02%, despite of no change in the global
The paper beatings continue (as long as they have physicals)… by J. Johnson via JS Mineset Great and Wonderful Last day of November Folks, The paper beatings continue (as long as they have physicals) with February Gold down $16.20 with the last trade at $1,771.90 which happened just after the low of $1,767.20 happened,
Shares of Advanced Micro Devices closed 6.3% higher on Monday after the chipmaker’s CEO’s made positive comments on the PC market and its first-quarter fiscal 2021 performance. Advanced Micro Devices’ (AMD) CEO Lisa Su forecasted a better-than-seasonal first-quarter fiscal 2021 and sees continued growth in PC market in 2021. During the conference, Su said, “we’ve
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing Covid-19 during a trial. The
Nutmeg provides United Kingdom residents with algorithmic and human financial services for multiple account types, including Lifetime Individual Savings Accounts (ISAs) which are eligible for a 25% government bonus, regular ISAs that are tax-free up to £20,000 per year, and employer-matched Personal Pensions. A Junior TSA account was added early in 2020. Nutmeg switched from