Shares of Yandex rose 6.7% to $64.35 at 14:01 EST on Tuesday, following last session’s upward trend. NASDAQ Composite is jumping 3.75% to $13,082.28, following last session’s downward trend, This seems, at the moment, a very positive trend exchanging session today. Yandex’s last close was $63.63, 15.49% under its 52-week high of $74.32. Yandex’s Sales Yandex’s sales growth is a negative 98% for the ongoing quarter… Source link
Read More »Stock futures open higher after Nasdaq sinks into correction
Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link
Read More »Top 10 Marijuana And Psychedelic Stock News Stories Of The Week
Welcome to the Cannabis Countdown, the Legal Marijuana Industry’s Number One Curated Weekly News Recap. In This Week’s Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelic Stock News Stories for the Week of March 1st – 7th, 2021. Without further ado, let’s get started. * Yahoo Finance readers, please click here to view the full article. 10. With U.S. Pot Stocks the Hot Theme of 2021, Here’s Why Red White & Bloom Could Be One of the Cannabis Sector’s Top… Source link
Read More »Stock futures fall as tech shares dip, Treasury yields jump
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
Read More »$1.9 trillion COVID-19 relief bill may unleash households on the stock market: Goldman Sachs
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
Read More »U.S. Stock Futures Gain on Growth Outlook; Oil Up: Markets Wrap
Bloomberg Why China Can’t End Its Romance With GDP Growth Target (Bloomberg) — In a battle between those who love or hate China’s economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China’s leaders have an ambivalent relationship with the gross domestic product target they have set almost every year since the 1990s. It’s celebrated as the key to mobilizing millions of bureaucrats who compete for promotions by increasing growth… Source link
Read More »Here’s Why AMC Entertainment (AMC) is a Great Momentum Stock to Buy
TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link
Read More »European stock markets slide ahead of US payroll report amid fears of rising interest rates
Traders were left disappointed last night after Federal Reserve chair Jerome Powell did not indicate that the Fed might step up purchases of long-term bonds to hold down longer-term interest rates. Photo: Getty European stocks mostly fell on Friday amid fears of a rise in interest rates and a continued rotation out of growth stocks into the likes of industrials. The FTSE 100 (^FTSE) fell sharply after opening but recovered losses by mid-morning thanks to a steep fall in the pound. London’s… Source link
Read More »Why Peloton stock has plunged 25% in one month
Peloton’s stock (PTON) is looking a little less fit as investors dump 2020’s hot stay-at-home trades in favor of reopening trades such as airlines hotels with COVID-19 infections and deaths slowing down. Shares of the at-home fitness equipment maker are down about 26% over the past month, according to Yahoo Finance Premium data. The S&P 500 is up slightly during that span, while the Nasdaq Composite is down 4.5%. “The recent share price action could be seen as the broader market moving away… Source link
Read More »Why Vroom stock is getting run over
TipRanks 2 ‘Strong Buy’ Stocks Insiders Are Snapping Up In a casino, if you play long enough, the House always wins; this is just a matter of probabilities and available resources. It’s different in the stock market, even though there is a tendency to refer to stock investing as a game. Smart investors don’t have to ‘beat the house’ to come out ahead; this is not a zero-sum game. Rather, it’s a game of strategy. Successful investors will look for some edge, an ‘in’ that will… Source link
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