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Stocks

“Carvana Stock Jumps on an Upgrade. Wall Street Still Isn’t Sure About Its 700% Rally.”

“CarvanaCVNA11.58% stock has skyrocketed from roughly $4 to $40 this year—and it’s up another 11% on Monday thanks to an upgrade…” https://www.barrons.com/articles/carvana-stock-price-sell-upgrade-429516f3?siteid=yhoof2 It’s to late to jump on board now. At least I wouldn’t do it. Most of the time when… Continue Reading…

Economy, Energy

“Natural Gas Soars 700%, Becoming Driving Force in the New Cold War”

“That’s because natural gas is the hottest commodity in the world right now. It’s a key driver of global inflation, posting price jumps that are extreme even by the standards of today’s turbulent markets — some 700% in Europe since… Continue Reading…

Stocks

“How GE Boosted Its Share Price by 700%”

“General Electric just increased its stock price by more than $90 a share. GE stock (ticker: GE) will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening. At the… Continue Reading…

Stocks

“Dow soars 700 points for biggest jump in a month, boosted by coronavirus vaccine hope”

“Stocks rallied on Monday, rebounding from losses last week, as news from a Moderna trial stoked optimism about a potential coronavirus vaccine.  The Dow Jones Industrial Average traded 700 points higher, or nearly 3%. The S&P 500 gained 2.5% while the Nasdaq Composite advanced 1.7%… Shares… Continue Reading…

Stocks

“…Stocks extend gains, Dow adds 700+ points”

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

Banking

“Fed takes emergency steps to slash rates and ease bank rules”

“The Federal Reserve took massive emergency action Sunday to try to help the economy… slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signaled its… Continue Reading…

Economy

“$700 million in oil spill money slated for Louisiana roadwork”

“Louisiana lawmakers want to redirect nearly $700 million in Gulf oil spill recovery money that had been earmarked for trust funds to instead finance roadwork, bridge upgrades and port improvements. The state is receiving yearly payments of $53.3 million through… Continue Reading…