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(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

Clover Health (CLOV) is joining other Medicare Advantage (MA) plans in offering a grocery benefit to its members, an option that was first made available by the U.S. Centers for Medicare and Medicaid Services (CMS) in 2018.  Clover CEO Vivek Garipalli told Yahoo Finance the goal is to help alleviate health-determining factors, known in the industry as social determinants of health, which include access to healthy food. Major MA players like Humana (HUM) and Centene (CNC) have already begun to… Source link

Amazon (AMZN) officially has a CEO not named Jeff Bezos as of Monday (it’s Andy Jassy), but a stock price that’s acting like it normally does: moving up and to the right.  Shares of the tech beast have surged 14% to $3,642 in the past month in the lead-up to Jassy assuming the CEO mantle from the soon-to-be astronaut Bezos. As of Tuesday afternoon trading, Amazon’s ticker page was the most trafficked on the Yahoo Finance platform — beating out Didi (stock down 21% after a China crackdown… Source link

For more stories like this, please subscribe to the Phoblographer. Today, Fujifilm Velvia 100 is being discontinued by Fujifilm in America. And this time around, it’s not because of sales. It’s fairly well-known industry knowledge that everyone reaches for Velvia 50 instead. But Fujifilm Velvia 100 is being discontinued only in America. Why? The answer is with Phenol, Isopropylated Phosphate. This chemical is part of the layers of Fujifilm Velvia 100. The EPA (Environmental Protection… Source link

The latest OPEC standoff that is keeping oil prices at lofty levels opens the door for investors to potentially profit from several oil-related stocks, according to Goldman Sachs energy analyst Neil Mehta.  Mehta outlined 10 oil stocks he is bullish on in a new piece of research on Tuesday: (1) Occidental Petroleum (OCY); (2) ExxonMobil (XOM); (3) Ovintiv (OVV); (4) Diamondback Energy (FANG); (5) ConocoPhillips (COP); (6) EQT Corporation (EQT); (7) Pioneer Natural Resources (PXD); (8) Devon… Source link

HOUSTON, TX / ACCESSWIRE / July 6, 2021 / Recruiter.com Group, Inc. (NASDAQ:RCRT), an on-demand recruiting platform, discussed the results of its June 2021 Recruiter Index®, a monthly survey of Recruiter.com’s network of more than 28,500 independent recruiters and talent acquisition specialists, live on CNBC and Yahoo Finance. While the survey results suggest that recruiter confidence is high, they also indicate that talent shortages still plague many employers and industries. Overall… Source link

Let’s take a look away from the headline-grabbing market giants, and head into the world of penny stocks. Traditionally, these were stocks priced at just pennies per share – that’s the old English copper penny, when it was 240 pence to the pound – but nowadays the ‘pennies’ are stocks with share prices under $5. The penny stocks offer retail investors a series of advantages, all connected. Their low price makes the cost of entry to the market affordable – a relatively small… Source link

The advent of technology is changing banking, resulting in artificial intelligence’s (AI) deployment in data collection, data integration, and analysis. According to an IndustryArc report, the Fintech market is expected to grow at a compounded annual growth rate (CAGR) of 8.7% between 2021 to 2026, and is anticipated to be worth $161.2 billion by 2026. Using the TipRanks stock comparison tool, let us compare two retail companies, SoFi Technologies and Upstart Holdings, and see how Wall Street… Source link

Stock futures drifted sideways on Tuesday to hold near record levels, as traders prepared to return to a relatively sanguine session following a holiday weekend in the U.S.  Contracts on the S&P 500, Dow and Nasdaq hugged the flat line. Each of the major indexes jumped to fresh record highs on Friday, propelled by a June jobs report that reflected a healthy pace of recovery in the labor market but that did not suggest an overheating economy.  Oil prices climbed amid a breakdown in… Source link

Chinese retailer JD.com (JD) has taken investors on a wild ride this year. Since hitting a high of more than $108 per share earlier this year, shares of this embattled e-commerce player have sunk to below $70 per share of late. Indeed, there are many reasons for this. In general, investors appear to be wary of Chinese tech stocks right now due to regulatory and geopolitical risk. The Chinese government has begun to assert its power over these tech monoliths in a big way. If this power struggle… Source link