Tag Archives: Congress

GameStop mania is sweeping Capitol Hill, as legislators of both parties criticize … somebody … for … something …. about … short squeezing? Vigilante retail investors have driven shares of the troubled retailer GameStop (GME) to remarkable heights, for no apparent reason except exploding demand for the stock. Shares were up by more than 1,700% for the month as of Jan. 26, before falling back to a mere 1,100% gain a day later. This surge in demand has obliterated… Source link

FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri (Reuters) – Alphabet Inc’s Google said on Monday it will not make contributions from its political action committee this election cycle to any Congress member who voted against certifying the results of the presidential election. Earlier this month, following the violent storming of the U.S. Capitol, the tech giant had paused all… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

WASHINGTON — A violent, armed mob of Trump supporters stormed the U.S. Capitol building Wednesday, entering the House and Senate chambers and forcing legislators and staff to take shelter. The astonishing turn of events came an hour after President Trump exhorted a Washington rally to protest the congressional certification of the Electoral College vote, a process that would seal President-elect Joe Biden’s victory. The unprecedented violent protest brought a halt to the debate on the… Source link

The presidential election was on Nov. 3; most news organizations pronounced Joe Biden and Kamala Harris the winners a few days later; states certified their results by Dec. 8; and the Electoral College met on Dec. 14. But there’s still a bit of election business to wrap up between now and Inauguration Day. Yahoo News explains how the next Congress may ultimately decide the 2020 election — on Jan. 6, 2021. Source link

Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link

InvestorPlace Advanced Micro Devices Looks Ready to Run to $100 The last time I wrote about Advanced Micro Devices (NASDAQ:AMD) was in mid-October. At the time, I argued that the company should use AMD stock for the entire Xilinx (NASDAQ:XLNX) acquisition, which at the time was still only a possibility, and not a sure thing.  Source: Sundry Photography / Shutterstock.com InvestorPlace – Stock Market News, Stock Advice & Trading Tips Lo and behold, Chief Executive Officer Lisa Su announced… Source link

TipRanks The 5G Revolution Could Send These 3 Stocks Higher 5G is here. The new networks are online and expanding, and customers – individual consumers, institutional users, and industrial applications – are starting to take advantage of the new technology. The advantages of 5G are already well-known: faster connections, more efficient upload and download capability, lower latency, greater security. 5G tech is essential for developing the full potential of autonomous vehicles and IoT… Source link

TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link