Tag Archives: higher

Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link

Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link

Advertisers have been nimble throughout the variety of challenges that have impacted the targeting and privacy landscape: GDPR, CCPA, other state legislation, like Maryland’s—even the third-party cookie phase-out, which many didn’t think the industry would be able to overcome. Ad land and ad tech quickly pivoted strategies, working hand in hand with each other to provide solutions to the “cookie apocalypse,” well before the phase-out goes into effect next January. … Source link

MIAMI, FLORIDA – FEBRUARY 04: A ‘Help Wanted’ sign is posted in front of a business on February 04, 2021 in Miami, Florida. The Labor Department announced weekly unemployment claims declined to 779,000 last week. (Photo by Joe Raedle/Getty Images) The number of Americans applying for unemployment benefits last week increased slightly, with the latest weekly total of initial claims coming in at 745,000. While some states have seen unemployment applications recede from record highs after the… Source link

Stock futures opened slightly higher Tuesday evening after sliding during the regular session, as investors weighed optimism over widespread post-pandemic business reopenings against concerns over economic overheating.  Contracts on the S&P 500 ticked up. Nasdaq futures edged higher after the index closed lower by 1.7% earlier, with technology stocks lagging amid a rotation to cyclical shares poised to benefit from easing stay-in-place orders. Airlines, cruse lines and hotel stocks increased… Source link

Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the unemployment rate could drop to 4.1%. And there’s enough… Source link

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

Stock futures opened slightly higher Monday evening, steadying after steep regular-session losses in the S&P 500 and Nasdaq.  During the regular session, the S&P 500 fell for a fifth straight day for its longest losing streak since February 2020, and the Nasdaq posted its worst day in a month as investors rotated away from growth and tech stocks. Shares of airlines, cruise lines, lodging companies and other service-based beneficiaries of a post-pandemic economic reopening rallied strongly,… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link