Tag Archives: Wall

* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Asia markets down broadly, S&P futures pare losses * Apple, Facebook slip despite upbeat results * Talk of distressed selling by hedge funds as shorts squeezed * Dollar gets safe-haven bid as euro backtracks By Wayne Cole SYDNEY/NEW YORK , Jan 28 (Reuters) – Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty… Source link

The chatter about video game retailer GameStop (GME) and traders on Reddit has been bubbling over the past week and finally spilled over from the finance world to the mainstream. Here’s what’s happening: What or who is ‘WallStreetBets’? WallStreetBets is actually “r/wallstreetbets” and it’s a forum or “subreddit” on the popular website Reddit, which is a social platform and discussion group that also rates web content. Essentially, it’s a group of people who enjoy talking… Source link

Gamestop shop It’s a battle between Wall Street pros and upstart investors using social media platforms like Reddit. And at the moment, the upstarts have the upper hand. At the centre of the tussle is a US video games bricks and mortar retailer called Gamestop, arguably something of a relic in a world moving online. Shares in the business rocketed again on Wednesday, up 116% at the start of trading in New York. That’s on top of a 92% jump on Tuesday, and takes gains in the last week well above… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 10%; Here’s What You Need to Know Stock markets are up and holding near record high levels, a condition that would usually make life difficult for dividend investors. High market values normally lead to lower dividend yields – but even in today’s climate, it’s still possible to find a high-yielding dividend payer. You need to look carefully, however. The market story of the past year has been unusual, to say the least. Last winter saw… Source link

Brace for it, tech bulls. Those investors who have been conditioned these past five years to only expect big tech stocks Facebook (FB), Amazon (AMZN) and Google (GOOG, GOOGL) to do one thing — go up, and go up huge — may be in for a wake-up call in coming quarters as the newly emboldened Democratic party looks to drop the regulatory hammer on these powerful giants. “We continue to anticipate that the regulatory overhang for mega-cap internet companies will continue in 2021 and see a… 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

President Trump vowed to build 450 miles of border “wall” — which is more of a series of barriers erected by a succession of U.S. presidents, by the end of his first term. Trump can say he fulfilled that promise, according to information provided to Yahoo Finance by Customs and Border Patrol (CBP), establishing one of the more expensive and permanent aspects of his legacy. “As much as the Trump administration is able to construct is going to be the amount that’s there pretty… Source link

TipRanks These 2 Penny Stocks Are Poised for a Massive Rally, Say Analysts The conventional wisdom is that we’re on the cusp of another major stock market rally. 2020 has been a volatile year, with the unprecedented ‘coronavirus recession’ in February and March, followed by a bull run through the summer and fall, with increased volatility in late autumn, as investors tried to make sense of the elections and the ‘second wave’ of the virus.But that’s all in the past. The election is… Source link

Stocks are on track to close out 2020 with double-digit gains as traders shook off this year’s COVID-19 outbreak and economic turmoil. As Wall Street strategists look ahead to 2021, the vast majority believe stocks are heading even higher. But that outcome is anything but guaranteed. Few, if any, strategists a year ago counted a pandemic among their lists of risks to the outlook in 2020. But given what is known right now about COVID-19 vaccines, trajectory of the economic recovery and… Source link

Big money is turning its back on companies that aren’t conforming to one simple idea… Sustainability. And it’s fueling one of the biggest transfers of capital the world has ever seen. In fact, within a year, 77% of institutional investors will stop buying into companies that aren’t, in some way, sustainable. And the new King of Wall Street is leading the charge. BlackRock, with over $7 trillion in assets under management, says its clients will double their ESG investments in just five… Source link