Tag Archives: Markets

Tesla (TSLA) is a “barometer” of market confidence, says TD Ameritrade chief market strategist JJ Kinahan. “This is a name that really is a confidence gauge in my opinion,” Kinahan told Yahoo Finance Live. “If it gets down near the $950-ish level, you’ll see clients coming in and buy it up until it gets to about $1,050. When it gets above $1,050, it seems to make clients a little be nervous, so the amount of buying there starts to dissipate a little bit.” Shares of the electric vehicle giant… Source link

Investment company Next Gen Emerging Markets Portfolio (Current Portfolio) buys Yandex NV, Grid Dynamics Holdings Inc, LPP SA, Unity Software Inc, Sea, sells Krka d.d., Saigon Beer Alcohol Beverage Corp, Delivery Hero SE, Network International Holdings PLC, Halyk Savings Bank of Kazakhstan JSC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Next Gen Emerging Markets Portfolio. As of 2021Q3, Next Gen Emerging Markets Portfolio owns 39 stocks… Source link

(Bloomberg) — Investor sentiment sagged Monday amid turmoil for President Joe Biden’s economic agenda and rising global omicron infections, spurring selloffs in stocks, equity futures and oil, while bolstering sovereign bonds. Most Read from Bloomberg U.S. futures and European shares all trimmed losses to about 1% after Moderna Inc. said its vaccine increased antibody levels against the variant. Treasuries pared an increase and the dollar held a jump from Friday, while crude oil slid on… Source link

Apple and Google have a “vice-like grip” over people’s mobile phones and their duopoly over the market should be investigated by the proposed new “big tech” regulator, the UK’s competition watchdog has said. The two companies effectively control users’ mobile phone experience in the UK, with Apple’s iOS and Google’s Android operating systems installed on 99.45% of all phones in use in the country. “Apple and Google have developed a vice-like grip over how we use mobile… Source link

It could be time to do some holiday shopping not at the malls but in the bruised stock market, opines Wells Fargo’s senior equity analyst Chris Harvey.  “It might be a little early to buy the stock market, but perhaps a few “Black Friday discounts” are ready for the shopping cart,” said Harvey in a research note titled “Holiday Sale!” Wednesday. Harvey lists 26 stocks (see list below) as potential buys right now, headlined by American Express, Ralph Lauren, Expedia, Hyatt Hotels and… Source link

(Bloomberg) — Stocks in Europe rebounded and U.S. equity futures rose along with Treasury yields as a semblance of calm returned to global markets while investors reconsidered their worst-case scenarios for the omicron coronavirus strain. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, recovering some of their worst drop in more than a year, with travel and energy stocks leading the advance. S&P 500 and Nasdaq 100 contracts climbed, WTI oil rallied back above $71 a… Source link

Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets. The company says the service, which allows creators to mark episodes as “subscriber-only” content, will now become available in 33 new markets worldwide. When podcast subscriptions publicly launched in the U.S., Spotify had introduced a couple of key changes to how the service worked. Before, creators had only been able to choose… Source link

(Bloomberg) — U.S. equities pared back a rebound Thursday after a selloff in the previous session due to fears high inflation could spur tighter monetary policy. Most Read from Bloomberg The S&P 500 gained less than 0.1% — led by gains in materials and technology — after falling 0.8% Wednesday in its worst slump in more than a month. Tesla Inc. fluctuated after filings showed Chief Executive Officer Elon Musk unloaded $5 billion of stock. Meanwhile, Walt Disney Co. slid and Beyond Meat Inc…. Source link

Asia’s top CEOs from different industries share insights on post-pandemic recovery and China issues Photo/Video download: https://bit.ly/3mstKqJ Watch Now: https://bit.ly/3mte0DY HONG KONG, Nov. 11, 2021 /PRNewswire/ — The first-ever virtual “All Markets Summit Asia: The Path Forward” hosted by Yahoo Finance successfully concluded its inaugural outing in Hong Kong with a viewership of over 3,000,000 viewers across the world. The region’s top CEOs from many different industries shared impactful… Source link

(Bloomberg) — Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days when the ‘Asian savings glut’ was blamed for keeping U.S. interest rates excessively low and fueling the sub-prime mortgage crisis. Most Read from Bloomberg But unlike then, when China aggressively recycled its dollar holdings into U.S. Treasuries, China’s giant pile of foreign exchange reserves are holding broadly stable. That means the… Source link