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Stocks

“Amazon.com Plunge Hits Nasdaq Harder As Stock Market Drops…”

“The stock market was off its opening lows Friday morning as the Nasdaq composite took the hardest hit from weakness in Amazon.com (AMZN) in particular.Volume 0%  Amazon.com slid nearly 7% after the company reported second-quarter sales that missed views and gave a disappointing forecast… Continue Reading…

Business, Economy

“One corner of the auto market is hitting records as used car prices surge”

“A global chip shortage has put the squeeze on car production and driven the price of used cars higher. Used car and truck prices rose by more than 45% in June, according to the most recent read on inflation. That looks to have had a… 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…

Business, Economy

“The garbage industry has outperformed the market since 2015. Here’s why”

“America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the… Continue Reading…

Economy

“10-20% Market Correction: It Could Take A Year To Break Even”

“It’s one thing to deal with a market crash or market correction of 10% to 20%. It’s another thing to deal with an inflationary environment that leaves you with less value after that drop. This is precisely what Moody’s Analytics’… Continue Reading…

Stocks

“One record-breaking stock can rally another 140%, chart suggests”

“The S&P 500 came frustratingly close to a record high but failed to cross that hurdle. Still, several stocks have managed to make new highs this week, including ADP, Target, eBay, T-Mobile and Nvidia… “We’ve been in a massive uptrend since 2015. We don’t show resistance until about $,1650. Nvidia… Continue Reading…

Stocks

“Market rally picks up steam with the Dow jumping 550 points”

“The Dow Jones Industrial Average rose 550 points, while the S&P 500 jumped 1.5% as all 11 sectors traded in the green. The tech-heavy Nasdaq Composite also popped 1.5% as Apple and Microsoft both rebounded more than 2%. Alphabet and… Continue Reading…

Stocks

“Dow jumps 300 points to begin May, reopening trades gain”

“The Dow Jones Industrial Average rose 300 points. The S&P 500 gained 0.6% and the Nasdaq Composite inched up 0.4%. Berkshire Hathaway shares rose 1% after Warren Buffett’s conglomerate reported a 20% surge in operating earnings and continued to buy back large… Continue Reading…

Business, Economy, Stocks

“BP Launches Share Buyback as Profits Soar. What It Means for the Stock.”

“BP stock made gains early on Tuesday, as the oil major committed to $500 million share buybacks after profits more than tripled in the first quarter. The London-listed energy giant cited “exceptional” gas marketing and trading performance and higher oil prices… Continue Reading…

Cryptocurrencies

“Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week’s plunge”

“At around 3 p.m. London time, the price of the world’s most valuable digital currency climbed more than 8% to $53,757 a coin, according to data from Coin Metrics. Two smaller digital tokens, ether and XRP, rose 9% and 15% respectively. Last week, bitcoin slumped below… Continue Reading…