Cart

0

Economy

“U.S. crude oil price tops $80 a barrel, the highest since 2014”

“West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since November 2014 as demand rebounds while supply remains tight. The U.S. oil benchmark jumped more than 2% to trade as… Continue Reading…

Economy

“Poll: 80% Oppose Tax Hikes…”

“By an 80-20 margin voters oppose tax increases as the U.S. comes out of the pandemic, according to a new poll conducted by HarrisX. The poll was conducted by HarrisX between Sept. 3 – 6 among 1,916 representative registered voters.  Respondents were… Continue Reading…

Stocks

“Shares of Indian food delivery start-up Zomato jump over 80% in market debut”

“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…

Economy

“Oil Could Hit $80 by Year End, JPMorgan Says. Here’s Why.”

“Oil is likely to jump to $80 a barrel by year end amid expanding demand and a lack of supply, according to JP Morgan analysts led by Joyce Chang. The upcycle in energy prices is supported by a surge in demand as the world… Continue Reading…

Stocks

“GameStop Shares Drop, Extending 80% Slump From Last Week”

“The stock fell as much 4.7% to $60.77 at 10:40 a.m. in New York trading, after whipsawing between gains and losses earlier. It slumped 80% last week, a drop that followed three weeks of dizzying gains. Robinhood Markets Inc.’s move… Continue Reading…

Stocks

“Raymond James: These 3 Stocks Are Poised to Surge by Over 80%”

“Telephone & Data Systems… This stock also holds a Strong Buy rating from the analyst consensus, based on 3 unanimous Buy reviews set in recent weeks. Shares are priced at $18.73 and the average target of $34.83 suggests a one-year… Continue Reading…

Economy

“Americans Are Worried About The Coronavirus. They’re Even More Worried About The Economy.”

“Earlier this week, President Trump said he is considering taking steps to roll back restrictions that businesses and state governments have put in place to contain the coronavirus. Citing the economic impact of measures like social distancing, Trump floated Easter Sunday as the date… Continue Reading…

Economy, Stocks

“80% of the stock market is now on autopilot “

“It’s no secret that machines are taking up a bigger and bigger share of investing, but the extent of their influence is approaching shocking proportions. It is as high as 80%, according to one major investing firm… This means so… Continue Reading…