Tag Archives: Reasons

3 reasons behind the crypto crash that dragged Bitcoin below $50K

Why is the cryptocurrency market crashing? It’s always hard to pinpoint an exact cause, but in this case, there seem to be a number of factors at work. Just to give you an idea of the magnitude of the drop (though the price of bellwether Bitcoin (BTC-USD) had recovered a bit by early Saturday afternoon to above $48,000, from a low of around $45,000), understand that BTC was testing $57,000 just Friday. The move from then to this afternoon’s levels represents a 14.2% drop. Other digital… Source link

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3 reasons why airline stocks are screaming buys: analyst

The COVID-19 pandemic continues to wreak havoc on the airline space, but the time to buy is now, argues Morgan Stanley analyst Ravi Shanker.  Shanker cites three reasons for his bullish call.  First, the sector could see positive news flow into year-end as vaccinations continue for COVID-19 and international travel restrictions are lifted. To that end, the Biden administration said recently it would lift restrictions for fully vaccinated travelers to enter the U.S. starting in… Source link

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Two reasons for IPO surge during the pandemic: Investment banker

SoftBank-backed Indian hotel chain Oyo Hotels on Friday filed for a public offering, just two days after trendy eyeglass unicorn Warby Parker (WRBY) went public on the New York Stock Exchange. The flurry of activity has become commonplace during a record-breaking surge of IPOs this year that’s seen buzzy offerings from the likes of Robinhood (HOOD), Coinbase (COIN), and 23andMe (ME). In a new interview, Suzanne Shank — president and CEO of investment bank Siebert Williams Shank — said the… Source link

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3 reasons why the FDA rejected Pfizer’s booster shot for general population

The FDA rejected Pfizer (PFE)/BioNTech’s (BNTX) booster shot recommendation for the general public in order to place greater focus on inoculating the unvaccinated populations and collecting more data on booster shots, Meghan FitzGerald, adjunct associate professor of health policy and management at Columbia University, told Yahoo Finance Live. Though the FDA rejected the booster for the general public by a large margin (16-2), the shot was endorsed unanimously for the elderly and… Source link

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People leave companies for 2 reasons

Attracting workers is one of the biggest challenges for the economy as it recovers from the pandemic. It’s a hurdle the restaurant business knows all too well. “Labor has always been a big challenge. But I think it’s more difficult than ever now,” says David Novak, founder and CEO of David Novak Leadership and co-founder and former CEO of Yum! Brands (YUM), which operates KFC, Pizza Hut, and Taco Bell, among other brands.  “Everybody that I’ve talked to says it’s never been harder to get the… Source link

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