Tag Archives: Rise

COVID-19 cases are back on the rise and so may be a sweaty gym workout

TipRanks 2 “Strong Buy” Penny Stocks That Could Go Boom Arguably the most controversial on the Street, penny stocks are a hot-button issue. Usually, there isn’t a lot of middle-ground with respect to these tickers priced for less than $5 apiece. Dividing market watchers into two distinct groups, both sides present valid arguments laying out the pros and cons. Sure, there is reason enough to be skeptical. Often, a cheap stock is cheap for a reason, with the low share price potentially… Source link

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3 reasons why confirmed cases are on the rise again

Despite the U.S. vaccine rollout improving significantly, the daily number of confirmed COVID-19 cases is on the rise yet again after dropping precipitously from January highs. The latest 7-day moving average of confirmed cases was at 60,425 on March 27, and the U.S. is continuing to see an average of roughly 50,000 new cases a day. And according to Dr. Calvin Sun, an NYC-based emergency medicine physician, there are three main factors driving this recent uptick: the virus mutating, the Source link

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Stock market news live updates: Stocks dip, with tech shares under more pressure as Treasury yields rise – Yahoo Finance

AccuWeather Governor ‘utterly impressed’ by family’s spirit in wake of tornado Nearly a week after a round of severe weather collapsed homes, tore apart neighborhoods and claimed the lives of at least six people, a dozen tornado paths were confirmed Monday across Alabama, Georgia and Mississippi — and survey crews upgraded the intensity of some of the most destructive twisters that touched down. The National Weather Service has totaled one EF4, four EF3, three EF2, three EF1 and one EF0… Source link

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Stocks rise, oil prices gain amid tepid inflation data

Stocks gained on Friday after a new print on core inflation in the U.S. came in milder than expected. Each of the S&P 500, Dow and Nasdaq gained, holding onto overnight advances. Shares of big bank stocks increased after the Federal Reserve announced that most banks will be allowed to resume increasing their dividends and shares repurchases after June 30, ending a year of pandemic-related restrictions. U.S. crude oil prices rose Friday morning after dropping by more than 4% on Thursday as… Source link

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Stock futures rise to recover some earlier losses

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

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Google doubles down on office space despite the rise in remote work

On Thursday, Google (GOOG) said it plans to invest more than $7 billion in offices and data centers in the United States and create at least 10,000 additional full-time jobs this year. “Coming together in person to collaborate and build community is core to Google’s culture, and it will be an important part of our future,” CEO Sundar Pichai said in a blog post. “So we continue to make significant investments in our offices around the country.” Google said it will invest more than $1 billion… Source link

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Google doubles down on office space despite the rise in remote work |

(CNN) — Google is the latest tech company to commit to more office space despite the ongoing pandemic and the rise of remote work. On Thursday, Google said it plans to invest more than $7 billion in offices and data centers in the United States and create at least 10,000 additional full-time jobs this year. “Coming together in person to collaborate and build… Source link

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Roblox Reaches $45 Billion Valuation as Shares Rise in Debut

(Bloomberg) — Digital games company Roblox Corp., transformed into a cultural icon during the coronavirus pandemic, made its public debut Wednesday with its shares rising 7.8% from its opening price. Roblox is one of the few companies that have gone public through a direct listing, an alternative to an initial public offering in which the shares begin trading without the company issuing new stock. The company’s shares, which opened trading at $64.50 apiece, closed at $69.50 in New York,… Source link

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U.S. Stocks Rise; Treasuries Gain After Auction: Markets Wrap

Bloomberg Biden to Double J&J Order; N.J. Eases More Limits: Virus Update (Bloomberg) — President Joe Biden will double the U.S. order of Johnson & Johnson’s vaccine, bringing the country’s supply to enough for 500 million people, according to officials familiar with the plan.The U.K. accused European Union politicians of damaging its vaccination program by making misleading statements that cast doubt on AstraZeneca Plc’s shot, in an escalation of tensions between the two sides.The… Source link

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Stocks turn lower as rate fears rise after strong jobs report

Stocks turned negative after the Labor Department’s February jobs report handily exceeded expectations, reaffirming the building momentum in the economic recovery, but also stoking a rise in Treasury yields and concerns over an economic overheating. The S&P 500 dipped, and the Dow gained fell into negative territory after rising earlier in the session. The Nasdaq erased earlier gains and fell another 1.5%, pacing toward a fourth straight session of steep declines. The index has erased its… Source link

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