Tag Archives: Record

Coinbase founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Photo: Steven Ferdman/Getty Images Bitcoin’s (BTC-USD) price reached another all-time high on Wednesday, touching $64,717.01 (£46,908.11), ahead of Coinbase’s historic stock market listing in New York. Bitcoin, which has been up and down over the last few weeks, crossed $64,000 on Wednesday and at the time of writing was 6% higher to $64,585.594. Just yesterday, it had… Source link

Stocks fell Monday as traders took a pause after the S&P 500 and Dow logged fresh record highs last week.  The Dow pulled back slightly, shedding fewer than 100 points to steady just below its recent all-time high. The S&P 500 dipped, and the Nasdaq underperformed as technology stocks gave back some recent gains.  For 2021 to date, the cyclical energy and financials sectors have handily outperformed the broader market, overtaking the technology-heavy sectors that led the market higher last… Source link

(Bloomberg) — Futures followed stocks lower Monday as investors braced for a flood of earnings amid doubts about an uneven economic recovery. U.S. equity futures slipped across the board following a third straight week of gains and fresh records for the S&P 500 Index. In Europe, retailers and travel companies led declines on the Stoxx Europe 600 Index. The yield on 10-year Treasuries steadied before a round of auctions that will be widely watched for their potential to extend the rate surge… Source link

(Bloomberg) — After China imposed a record antitrust fine on Alibaba Group Holding Ltd., the e-commerce giant did an unusual thing: It thanked regulators. “Alibaba would not have achieved our growth without sound government regulation and service, and the critical oversight, tolerance and support from all of our constituencies have been crucial to our development,” the company said in an open letter. “For this, we are full of gratitude and respect.” It’s a sign of how odd China’s… Source link

After 13 years, Google is coming back for patient health records. The tech giant has launched an early user feedback program aimed at exploring how patients might want to see, organize, and share their own medical record data. The work could inform the creation of a consumer-facing medical records tool along the lines of Apple’s Health Records app. It also follows an early attempt by Google — later panned by medical experts — at creating a new version of the electronic medical record… Source link

Bloomberg Yellen Says Tax Plan Recoups $2 Trillion in Overseas Profits (Bloomberg) — Treasury Secretary Janet Yellen unveiled a detailed sales pitch for the Biden administration’s proposed new corporate-tax code, a plan that she said would be fairer to all Americans, remove incentives for companies to shift investments and profit abroad and raise more money for critical needs at home.Expanding on the tax proposals released last week in President Joe Biden’s $2.25 trillion economic… Source link

TipRanks Analysts Say These 3 Stocks Are Their Top Picks for 2021 Remember back in February, when we were worried about a market correction? Back when the NASDAQ dipped 10% from its peak… Yeah, well, never mind about that. Markets are up, up, up lately. A strong jobs report last Friday has helped, showing 916,000 new positions in March, the best print since last August, and almost a quarter-million higher than expectations. Rising markets make it a good time to look at the ‘top picks’… Source link

The New York Times As Mask Mandates Lift, Retail Workers Again Feel Vulnerable Marilyn Reece, the lead bakery clerk at a Kroger in Batesville, Mississippi, started noticing more customers walking around the store without masks this month after the state mandate to wear face coverings was repealed. Kroger still requires them, but that doesn’t seem to matter. When Reece, a 56-year-old breast-cancer survivor, sees those shoppers, she prays. “Please, please, don’t let me have to wait on… Source link

Russell Westbrook hasn’t been with the Washington Wizards long. Just 38 games, in fact. Yet on Monday night, Westbrook became the franchise’s all-time leader in triple-doubles. Westbrook put up 35 points, a season-high 21 assists and 14 rebounds in Washington’s 132-124 win against the Indiana Pacers at Capital One Arena — which marked his 16th of the season. Darrell Walker held the organization’s last record with 15 triple-doubles, something he did over 283 games between… Source link

TipRanks These 2 EV Stocks Have Over 100% Upside on the Horizon, Says Analyst They say that politics are downstream from culture – but so are the stock markets. And sometimes, culture informs our investment decisions in ways that we could never have predicted just a decade earlier. The electric vehicle sector is one such sector, in the early stages of its takeoff. EVs are more than just the flagship of an environmentalist’s wish list. They are the showboats of new automotive technology,… Source link