Tag Archives: Stock

Stock futures opened slightly higher on Wednesday as investors paused following a record-setting gain for the S&P 500 and Dow.   Earlier, both the S&P 500 and Dow set record intraday and closing highs, with the gain in the former led by the information technology, communication services and consumer discretionary sectors. Bitcoin prices (BTC-USD) closed in on $58,000, nearing the all-time high it set last month.  The Nasdaq ended higher by 2.5% to recover some losses from the past several… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

Roblox (RBLX) opened strong on the New York Stock Exchange on Wednesday. Shares began trading at $64.50 each, well above their reference price of $45 set by the exchange on Tuesday. The online gaming platform went public via a direct listing, allowing current investors to sell shares. In direct listings, banks do not set an IPO price, like those seen in initial public offerings. Instead a “reference price” is used — which in this case was $45 a share. At that price, the company’s market cap… Source link

TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link

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

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

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

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

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

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