Tag Archives: rises

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

The New York Times Sexual Harassment Claims Against Cuomo: What We Know So Far Gov. Andrew M. Cuomo of New York is confronting one of the most tumultuous moments of his three terms in office after two women who once worked for his administration accused him of sexually harassing them. Under immense public and political pressure, the governor’s office asked the state attorney general to appoint someone to conduct an outside investigation into the sexual harassment claims against Cuomo, a… Source link

TipRanks Goldman Sachs Predicts Over 50% Rally for These 2 Stocks Stocks started this year with heft gains, edged back last week, and now are rising again. The big tech giants led the moves, with volatility in Apple and Amazon leading the NASDAQ on its gyrations. The strategy team at investment bank Goldman Sachs have taken notice of the market shakeups, and are working out what it means for investors. According to macro strategist Gurpreet Gill, watching bond yields and stock values closely,… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

Parler CEO John Matze discusses whether his company will offer an IPO in the near future. He also argues Big Tech companies have grown during the pandemic amid small business lockdowns. Parler surged to No. 1 among the Apple App Store‘s free apps Saturday after Google suspended the “free speech” social media platform from its Play Store. Ticker Security Last Change Change % APPL n.a. n.a. n.a. n.a. GOOGL ALPHABET INC. 1,797.83 +23.49 +1.32% Sean Davis, co-founder of conservative outlet The Federalist, Source link

Shares of Google parent Alphabet Inc. GOOGL, +3.09% gained 0.8% in premarket trading, putting them on track to open in record territory, after Mizuho analyst James Lee raised his price target, citing signs that Google’s search advertising was tracking “modestly” ahead of expectations. Lee lifted his target to $1,750, which is 12% above Monday’s closing price, from $1,650, while maintaining the buy rating he’s had on the stock for at least the past three… Source link

BEIJING (AP) — Authorities in central China blasted a dam Sunday to release surging waters behind it amid widespread flooding across the country that has claimed scores of lives. State broadcaster CCTV reported the dam on the Chuhe River in Anhui province was destroyed with explosives early Sunday morning, after which the water level was expected to drop by 70 centimeters (more than 2 feet). Water levels on many rivers, including the mighty Yangtze, have been unusually high this year because… Source link