Tag Archives: Economy

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

The U.S. economy added back the most jobs in four months in February, as easing COVID-19 case counts and a ramping vaccine rollout allowed distancing restrictions to begin to moderate. The unemployment rate also unexpectedly improved during the month. The U.S. Labor Department released its February jobs report Friday morning at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +379,000 vs. +200,000 expected and a… Source link

MOSCOW, February 24. /TASS/. Russian IT giant Yandex once again maintaned the leading position in the rating of the most expensive companies in the Russian segment of the Internet, published by Forbes. According to the report, the value of the company reached $22.98 bln. Yandex has been maintaining the title of the most expensive player in the Russian Internet segment for the third year in a row – in 2020 the company was worth $14.6 bln, and in 2021 it has risen in price more than… Source link

TipRanks JP Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm JP… Source link

Inauguration Day for President-elect Joe Biden couldn’t get here quick enough for stock market bulls (and let’s face it, civilization at large). Because according to historical data, stocks tend to do very well in the early goings of a Democratic presidency. In year one of a Democratic presidency, the S&P 500 has risen on average by 19.4% dating back to 1932, per data crunched by BMO Capital Markets chief markets strategist Brian Belski. The gains have tended to stretch throughout the… Source link

Bloomberg Wrong-Way Bet on Covid Is Changing Oil-Trading Industry Forever (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand miles away in the island state of Singapore, one of the most powerful men in the world of commodities trading, Lim Oon Kuin, quietly added to his vast stockpiles of fuel – making a bet that China would successfully control the spread of the new disease.That gamble soured quickly. While… Source link

It’s the same question asked by tech executives of an earlier era whose companies had also been accused of illegal monopolization — Kodak, Xerox, IBM, AT&T, Intel and Microsoft. And the honest answer, one that regulators and politicians rarely say out loud, is that when companies are so successful that they achieve dominance in their markets, then some of what they used to do — and what their rivals can still do — becomes illegal. At its core, antitrust law says that to save… Source link

TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link

MOSCOW, November 24. /TASS/. IT company Yandex topped the rating of the 50 best employers in Russia according to the Forbes magazine, according to the rating published by the magazine on Tuesday. The rating includes companies that have received the maximum scores on the following metrics: salary, working conditions, social package, in-house training, job creation, investment in infrastructure, demand, concern for the environment, and charity. Also this year, a survey of experts had an… Source link

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link