You knew something was up when CBS didn’t release its preliminary Super Bowl ratings on Monday afternoon as usual. The Super Bowl is always the most-watched television event of any year, so each year it’s a matter of whether the numbers will match the prior year … and what to say in the event they don’t. When the numbers didn’t show up, veteran media observers speculated that the league and CBS were doing all they could to spin bad news into good. As it turns out, that’s pretty… Source link
Read More »Stocks rise to reach record highs; Bitcoin prices spike
Stocks rose on Monday, extending advances after stocks’ best week since November last week. The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels. Bitcoin prices spiked more than 12% to a record high of more than $43,000 after Tesla disclosed it purchased $1.5 billion of the cryptocurrency and may start allowing customers to use Bitcoin to purchase products. Investor optimism over another round of fiscal… Source link
Read More »Google’s Cookie Plans Draw Regulatory Scrutiny; Podcast Ad Spend Is On The Rise
Stock futures rise as traders await Fed decision, Microsoft jumps after earnings
Stock futures opened slightly higher on Tuesday investors awaited another batch of corporate earnings results and the Federal Open Market Committee’s (FOMC) January monetary policy decision. S&P 500 futures traded higher by about 0.2% as the overnight session kicked off, holding near the index’s all-time high. Contracts on both the Nasdaq and Dow also increased. Late Tuesday, shares of heavily weighted tech stock Microsoft (MSFT) jumped after the company posted fiscal second quarter… Source link
Read More »US STOCKS-Dow, S&P close lower as IBM, Intel weigh, coronavirus concerns rise
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * IBM hits two-month low on quarterly revenue miss * Intel slips on avoiding outsourcing embrace * Yellen wins unanimous Senate panel vote for Treasury * Dow down 0.57%, S&P 500 down 0.30%, Nasdaq up 0.09% (Updates market prices to close; adds closing details) By Echo Wang NEW YORK, Jan 22 (Reuters) – The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip… Source link
Read More »Stock futures rise ahead of Biden’s Inauguration Day
Stock futures rose Tuesday evening, extending earlier advances as investors looked ahead to the first actions of the incoming Biden administration. Contracts on the Dow added more than 50 points, or 0.2%, as the overnight session kicked off. Shares of Netflix (NFLX) spiked 12% in late trading after the company added more users than expected in the fourth quarter and surpassed 200 million paid subscribers for the first time ever. On Wednesday, all eyes will turn to the inauguration of… Source link
Read More »Stocks, Treasury Yields Rise Before Yellen Hearing: Markets Wrap
The Canadian Press The Latest: Swiss hunt down virus variant in St. Moritz BERLIN — Swiss authorities have started mass testing residents and visitors in St. Moritz after a new variant of the coronavirus was detected in the upscale skiing resort. People were asked to register online and come in for free tests to a local gym and a beverage store on Tuesday, after two luxury hotels were put under quarantine Monday. All schools, kindergartens and skiing schools were closed. Officials said at… Source link
Read More »Stock market news live updates: Stock futures rise in late trading, extending earlier gains – Yahoo Finance
Benzinga Here’s What it Took to Help My Millennial Colleague Plan Her Million-Dollar Nest Egg I’m a nosy person, so I elbowed my millennial colleague, Jessa, in the next cube over, and asked her, “Pssst… How much do you save for retirement per year?”Instead of ignoring me, she furtively Slacked me all of her financial details (it was like a giant ice cream sundae for a finance nerd): * Jessa, at 28, still owes $15,000 in student loans, and her husband, who is 30, still owes $20,000. *… Source link
Read More »Stocks rise after Trump signs virus relief package
TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link
Read More »Stock futures tick down slightly after indices rise to records
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link
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