Tag Archives: recover

GameStop (GME) shares turned positive Thursday afternoon after dipping as much as 10% post quarterly earnings. The stock closed fractionally higher at $199.18 each.  Shares of the video-game retailer had opened lower on Thursday after the company reported an adjusted loss per share of 76 cents with revenue of $1.18 billion for its 2nd quarter. The stock rallied back just above the flat line by the afternoon to end the session in the green.  On Wednesday management said the company has enough… Source link

Google Photos is one of the most preferred cloud storage options for backing up your photos and videos, especially for Google Pixel phones and other Android users.  This platform can be used to archive old photos and access them anytime using any device that lets you sign you in to your Google account. Google Photos neatly categorises photos based on faces, places, time, and several other album options. Even the photos and videos you delete from the Google Photos app are kept in the Trash… Source link

Moves by Apple Inc. and Google that make it harder for brands to track billions of consumers are creating a money-making opportunity for advertising companies that were hit hard by the pandemic. Google is phasing out third-party online tracking cookies and Apple is requiring app owners to ask for explicit permission to track users across other companies’ apps. The changes make it harder for companies to follow our every move online, so marketers are devising new ways for brands to find out… Source link

Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%.  Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Massive Upside Ahead Does high risk mean high reward? Not necessarily, so say the pros on Wall Street. Specifically citing penny stocks, or stocks that trade for less than $5 per share, analysts advise caution as these names might still be in the early innings, or it could be that they face an uphill battle that is just too steep. Luring investors with their bargain price tags, these stocks might be up against overpowering headwinds or have weak… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link

Bloomberg This 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

Stocks rose, recovering some losses after last week’s selloff. The S&P 500 gained nearly 1%, after closing out last week with a 3.3% weekly loss for its worst since October. The information technology and consumer discretionary sectors led advances, while energy and consumer staples lagged. The Nasdaq outperformed as tech shares jumped, and the Dow also rose slightly. Other asset classes performed even more strongly, fueled by a crowd of retail investors piling en masse into names… Source link

Stocks rose Wednesday as tech shares looked to make up some of their declines from earlier this week. The Dow added more than 100 points, or 0.4%. The Nasdaq outperformed, adding 0.9% and steadying after the index dropped more than 1% in each of the previous two sessions. Traders this week have so far embraced many of the stocks hardest-hit by the pandemic, including the airline, cruise line, lodging, restaurant and brick-and-mortar companies some analysts have called the “epicenter… Source link

The Federal Reserve on Thursday said the U.S. economy and employment improved since September, but held interest rates at near-zero as the economy continues to face “considerable risks” ahead. “Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year,” the statement said. Little changed in the policy statement released by the Federal Open Market Committee (FOMC), which noted that financial conditions “remain… Source link