April 6, 2021
“The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin… Bitcoin, the biggest digital currency, accounts for over 50% of the entire cryptocurrency market capitalization. Bitcoin… Continue Reading…
April 5, 2021
“While auto sales as a whole have suffered from factory shutdowns and other disruptions due to the pandemic, sales of super-expensive cars, like Ferraris, Bentleys and Lamborghinis, finished 2020 at a blistering pace.In the United States, overall passenger car sales… Continue Reading…
March 19, 2021
“Lamborghini reported record profits in 2020 as its wealthy customers — especially in China — rode the global bull market in style. Despite a mandatory factory shutdown of over two months during the Covid-19 pandemic, the “raging bull” of the… Continue Reading…
February 8, 2021
“The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels… Investor optimism over another round of fiscal stimulus out of Washington helped boost U.S.… Continue Reading…
January 25, 2021
“Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 hours to trade… Continue Reading…
December 30, 2020
“The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. The 30-stock average eked out a record closing high. The S&P 500 climbed 0.1% to 3,732.04, and the Nasdaq Composite advanced 0.2% to close at 12,870. Wednesday marked the fourth positive session in five… Continue Reading…
December 17, 2020
“Stocks rose Thursday morning, with stimulus talks in Washington still at the center of investors’ attention. The Dow rose about 150 points, or 0.5%, while the S&P 500 and Nasdaq were each up at least 0.6% and touched record intraday… Continue Reading…
November 27, 2020
“Undervalued Dividend Aristocrat #1: AbbViev… Our fair value estimate for AbbVie stock is a P/E of 10.5, compared with a forward P/E of 8.4. This means that if AbbVie’s valuation expanded from 8.4 to 10.5 over the next five years, total returns… Continue Reading…
November 27, 2020
“Exxon Mobil Corporation… As of Nov. 26, 2020, the stock has a market capitalization of $172.55 billion and trades around 25% higher over the past month. From a chart perspective, a recent breakout above a 10-month downtrend line may trigger… Continue Reading…
November 24, 2020
“The Dow Jones Industrial Average briefly jumped 400 points… Nio and Tesla stock again raced to record highs, but Nio reversed sharply lower in morning trade. Best Buy tumbled after reporting earnings ahead of the stock market open.Volume 0% Among… Continue Reading…
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