Tag Archives: European

TipRanks AI Is Booming: 2 ‘Strong Buy’ Stocks That Stand to Benefit The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it,… Source link

A man walks past an electronic board showing currency exchange rates at a securities firm in Tokyo on 12 March. Photo: James Matsumoto/SOPA Images/Sipa USA European stocks suffered a tepid end to the week on Friday, as official data confirmed another economic slump for the UK and futures markets pointed to a tech sell-off on Wall Street later today. The FTSE 100 (^FTSE) was down 0.3% by just before lunchtime on Friday. Data from the UK’s Office for National Statistics (ONS) showed GDP shrank… 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

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

People enter a GameStop store in Alhambra, California on January 27, 2021. Photo: FREDERIC J. BROWN/AFP via Getty Images European stock markets opened lower on Thursday, as a sell-off on Wall Street overnight prompted weakness in equity markets globally. The Dow Jones (^DJI) closed down 2% on Wednesday, its biggest one-day fall since October. The slump came after a downbeat assessment of the economy from the US Federal Reserve and amid a highly unusual battle between retail investors and hedge… Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

Benzinga Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla’s shares have been going up, beating every analyst’s expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the… Source link

Following is a summary of current odd news briefs. Solo sauna a hot favourite in Tokyo as coronavirus cases rise The spread of the novel coronavirus may have slowed economies and closed many businesses worldwide, but it hasn’t been a damper on a newly opened Tokyo sauna that caters to solo customers. The Finnish-style sauna rooms at Solo Sauna Tune, where customers can relax in solitude and enjoy the heat from water over hot stones, are so popular they are booked up within hours. Time is… Source link

Google Stadia is expanding internationally, adding eight more countries in Europe today. The new markets include Austria, Czechia, Hungary, Poland, Portugal, Romania, Slovakia, and Switzerland, bringing the total number of countries the cloud gaming service supports from 14 to 22. The service should be available in the newly added locations within the next 24 hours, and Google says you just need a Gmail address to sign up. Stadia just celebrated its anniversary last month with a slew of… Source link

Bloomberg China to Take Oil-Refining Crown Held by U.S. Since 19th Century (Bloomberg) — Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to turn a wide range of crude oils into high-value fuels. Yet Shell, the world’s third-biggest oil major, wanted to radically reduce refining capacity and couldn’t… Source link