Tag Archives: ahead

U.S. COVID worries fall to lowest level ever ahead of Memorial Day weekend

Last year, the U.S. reported 1,288 COVID-19 deaths on the Friday before Memorial Day weekend. Over 46,000 Americans were hospitalized because of the virus. And more than 5 percent of tests were still coming back positive, foreshadowing a huge summer surge. At the time, a full 70 percent of Americans said they were either “very worried” or “somewhat worried” about COVID-19. Just 30 percent said they were “not very worried” or “not worried at all.” Exactly one year later, as… Source link

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Bitcoin Drops, Stocks Rally Ahead of Biden’s Budget Announcement

Bitcoin is nursing losses on Friday despite hopes of more inflation-boosting U.S. stimulus to come. On Friday, President Joe Biden is set to release his first full budget, seeking $6 trillion in federal spending for the fiscal year 2022 and $8.2 trillion by 2021, The New York Times reports. The proposal shows the Biden administration remains undeterred by recent inflation fears and is unlikely to close the liquidity tap anytime soon, having already pumped trillions of dollars into the system… Source link

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Stock futures rise, extending gains ahead of jobless claims data

TipRanks 3 “Strong Buy” Stocks Under $10 With Triple-Digit Upside Potential You don’t have to pay three-digit sums to find compelling investing opportunities. It’s time to look outside the box at some cheap stocks top analysts are cheering right now. Among the stocks that are getting the thumbs up are three that show a strongly attractive profile for retail investors: an initial price below $10 per share, a Strong Buy rating from the Street, and a triple digit upside potential. We’ve… Source link

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Wear OS teased on Twitter ahead of Google I/O

Google I/O will kick off virtually tomorrow, May 18 where Google will announce various updates and changes to its existing software products and perhaps some new ones. One of the major changes expected to be announced at Google I/O this year is the long-overdue update to Google’s Wear OS. The time has come for #GoogleIO. Join us tomorrow for a look at what’s new on Wear OS. pic.twitter.com/ylGiIevTc4 — Wear OS by Google (@WearOSbyGoogle) May 17, 2021 Ever since Google acquired… Source link

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Stock futures drift ahead of April jobs report

Stock futures hugged the flat line Thursday evening as investors awaited a key report on the state of the U.S. economic and labor market recovery out Friday morning. Contracts on the Dow opened slightly lower to pull back after the index hit yet another all-time high during the regular session. The Nasdaq also ended the session higher to end a four-day losing streak. The S&P 500 rose but drifted just below an all-time high. Shares of payments company Square (SQ) jumped more than 2% in late… Source link

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Tech Leads Stock Retreat Ahead of Megacap Earnings: Markets Wrap

(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link

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Stocks drift near record levels ahead of packed earnings week

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link

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There’s no doubt Canada is one step ahead of the U.S.

undefined U.S. regulators are doing American investors a disservice by not authorizing cryptocurrency ETFs. There are over one dozen ETFs currently on hold in the review stage at the U.S. Securities and Exchange Commission. Meanwhile, Canadian regulators began allowing investors to buy crypto ETFs in February. “The Canadian regulators are one step ahead — there’s no doubt about it. It’s surprising to me that the SEC has also been so slow. I assume with [SEC chief Gary] Gensler now taking the… Source link

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Dogecoin Eclipses XRP as 4th Largest Cryptocurrency Ahead of ‘Dogeday’

TipRanks 3 “Strong Buy” Dividend Stocks Yielding Around 7% These past 12 months have seen the S&P 500 return its best performance ever – an 80% gain as of the end of March. But are the good times wrapping up? Some historical data would suggest that the bulls will keep running. Since 1950, the market has seen 9 sustained, year-long runs with a rolling return of 30% or better on the S&P 500. These periods have seen an average one-year gain of 40% (the median has been 34%) – and none of… Source link

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Buy Biggest Tech Stocks Ahead of Earnings?

The Nasdaq has popped roughly 8% since March 30 to outpace the S&P 500’s run to start the second quarter, as the tech-heavy index inches within touching distance of its records, just over a month after it fell into a correction. The fall from its mid-February highs coincided with a wave of bond selling and had some on Wall Street worried technology stocks were due for a huge downturn. How quickly things change. The Nasdaq has recovered roughly all of its losses, which were perhaps more… Source link

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