November 24, 2021
Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…
November 24, 2021
“”Labor market tightness will remain a challenge during the next few years. Investors should avoid stocks with high labor costs relative to EBIT [earnings before interest and taxes],” says David Kostin, Goldman Sachs chief U.S. equity strategist, in a new research… Continue Reading…
November 24, 2021
“Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he’s disposed since August to $284 million… Trevor Milton offloaded 11.7 million shares worth about $131 million in a series… Continue Reading…
November 23, 2021
“The S&P 500 fell 0.1% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average rose 33 points, or 0.1%, to 35,657 and the Nasdaq fell 0.5%. Bond yields edged higher. The yield on the 10-year Treasury rose to 1.65%… Continue Reading…
November 23, 2021
“Zoom Video Communications sales growth slowed last quarter as the extra demand for remote work and the company’s video-conferencing application eased, along with a pullback in the Covid-19 pandemic. The San Jose, Calif.-based company said its sales rose 35% from… Continue Reading…
November 23, 2021
“Despite low inventory and rising prices, home sales inched higher in October, marking a second straight month of growth, according to a report from the National Association of Realtors.Sales of existing homes, which include single-family homes, townhomes, condominiums and co-ops,… Continue Reading…
November 22, 2021
“…MoonPay, a relative newcomer, is taking the crypto mania in venture capital to new heights. The three-year-old fintech firm said Monday it has raised $555 million in its first-ever financing round. The investment, led by Tiger Global and Coatue, values… Continue Reading…
November 22, 2021
“…Existing-home sales, which include completed transactions that include single-family homes, townhomes, condominiums and co-ops were up 0.8% from September to a seasonally adjusted annual rate of 6.34 million in October. Home sales were down 5.8% from a year ago, which… Continue Reading…
November 22, 2021
“…Astra stock jumped as much as 42% in trading from its previous close of $9.53. With unusually heavy trading volume, the stock is trading anywhere from 30% to 40% since hitting the high. Indeed, it was trading about 31% higher… Continue Reading…
November 19, 2021
“EDITOR’S NOTE: Gains, Pains & Capital writes that we are headed for a worse financial crisis than 2008. While the piece provides plenty of worrying numbers and trends to back this assertion up, their main point is, “Put simply, the… Continue Reading…
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