Tag Archives: ahead

This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly anticipated direct listing for the video game company Roblox is also on deck. On Wednesday, the Labor Department will release its monthly Consumer Price Index (CPI), which tracks changes in prices for consumers across a broad basket of goods and services. Consensus economists anticipate that the CPI… Source link

Traders were left disappointed last night after Federal Reserve chair Jerome Powell did not indicate that the Fed might step up purchases of long-term bonds to hold down longer-term interest rates. Photo: Getty European stocks mostly fell on Friday amid fears of a rise in interest rates and a continued rotation out of growth stocks into the likes of industrials. The FTSE 100 (^FTSE) fell sharply after opening but recovered losses by mid-morning thanks to a steep fall in the pound. London’s… Source link

In preparation for its launch as an internet provider in West Des Moines, Google Fiber has secured a new office and retail space in Valley Junction.  Google Fiber will occupy the ground floor of the nearly complete Junction House mixed-use building at 329 Fifth St. in the historic business district, according to leasing agent R&R Realty Group. Google expects to open in October.  West Des Moines is investing nearly $40 million in a partnership with Google Fiber to bring to the city the… Source link

After last week’s volatile bout of stock trading, investors this week are set to focus on new labor market data, as well as a dwindling batch of quarterly earnings results. The U.S. Labor Department’s February jobs report set for release on Friday will be one of the main reports of the week, offering a fresh look at the state of the labor market recovery after back-to-back disappointments in each of the January and December reports. Consensus economists are expecting to see that non-farm… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

undefined Traders this week are gearing up for another packed week of quarterly earnings results. The vast majority of companies that have so far reported results have handily beaten expectations, even after a series of upward revisions over the past couple months. As of Friday, 59% of the S&P 500 has so far reported fourth-quarter results, according to data from FactSet. Of these, 81% of companies beat earnings expectations, which would tie it for the second-highest percentage of earnings… Source link

As investors continue to digest last week’s Reddit-fueled volatility, they will also look this week to the regular cadence of quarterly earnings reports and economic data. Another couple of Big Tech earnings will punctuate the flow of quarterly results, with Alphabet (GOOGL, GOOG) and Amazon (AMZN) each set to report after market close on Tuesday. Facebook’s (FB) results last Wednesday offered a mixed picture of the internet advertising landscape against the ongoing pandemic. The Source link

Getty Images With Apple’s new… Source link

GameStop (GME) shares soared than 130% before coming back down to sit above 100$/each by mid-session on Monday following a crush on short-sellers. The stock was temporarily halted for trading throughout the morning, and at one point, dipped into red territory. On Friday shares of the video game retailer closed 51% higher as short-sellers and reddit WallStreetBets users clashed causing a massive short squeeze on the stock. A short squeeze forces those who bet against the stock to buy in order… Source link

Stock futures rose Tuesday evening, extending earlier advances as investors looked ahead to the first actions of the incoming Biden administration. Contracts on the Dow added more than 50 points, or 0.2%, as the overnight session kicked off. Shares of Netflix (NFLX) spiked 12% in late trading after the company added more users than expected in the fourth quarter and surpassed 200 million paid subscribers for the first time ever. On Wednesday, all eyes will turn to the inauguration of… Source link