STOCK

Advertisements

Taiwan says Hong Kong tycoon asset freeze a warning to global investors

TAIPEI (Reuters) – Taiwan warned on Saturday that Hong Kong’s decision to freeze assets belonging to jailed media tycoon Jimmy Lai was a sign to the international community that doing business in the Chinese-controlled city was becoming increasingly risky. The asset freeze, announced on Friday, includes all shares in his company, Next Digital – the […]

8 Hottest NFT Sales This Week: $69 Million Beeple NFT Tops the List

(Investorplace.com) – As investor excitement around non-fungible tokens (NFTs) continues unabated, these crypto assets have skyrocketed in price and popularity. This week, digital artist Beeple made an eye-watering $69.3 million at auction, the largest single NFT sale to date. Source: mundissima / Shutterstock.com For those who don’t know, NFTs are like blockchain trading cards, confirming that […]

Germany stocks mixed at close of trade; DAX up 0.29%

Stock Markets (Mar 03, 2021 01:15PM ET) Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Industrials, Insurance and Transportation & Logistics sectors led shares higher while losses in the Retail, Utilities and Pharmaceuticals & Healthcare sectors led shares lower. At the close in Frankfurt, the DAX rose 0.29%, while the MDAX index declined 0.63%, and the TecDAX index lost 1.34%. The best performers of […]

Advertisements
Advertisements

Stocks Drop as Treasury Yields Surge; Dollar Gains: Markets Wrap

(bloomberg.com) – Stocks dropped as a surge in Treasury yields added to concern over stretched valuations amid an uneven economic rebound. The S&P 500 extended losses into a second day as 10-year yields jumped to as high as 1.4859%, with bonds now pricing in the highest five-year inflation expectations since 2008. Weak readings on the U.S. labor […]

How to Manage the Emotions of Trading

(DailyFX) – Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm demeanor is important for consistent trading. In this piece, we explore the importance […]

Walmart’s Flipkart expands grocery sales to more Indian cities

Stock Markets (Mar 02, 2021 02:30AM ET) BENGALURU (Reuters) – Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic. Flipkart has already expanded online grocery sales to more than 50 Indian cities […]

Advertisements
Advertisements

Betting on death of petrol cars, Volvo to go all electric by 2030

Stock Markets (Mar 02, 2021 01:40AM ET) By Nick Carey and Helena Soderpalm LONDON (Reuters) – Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. “I am totally convinced there […]

Tyson to offer vaccinations to thousands of Iowa meat plant workers

Stock Markets21 minutes ago (Mar 01, 2021 08:45AM ET) (Reuters) – Tyson Foods Inc (NYSE:TSN), the largest U.S. meat processor, said on Monday it would offer COVID-19 vaccinations to thousands of its frontline workers at its Iowa meat processing plants this week. Tyson, which has previously said it would offer vaccines at its facilities, expects many of […]

Wall Street set for higher open on J&J vaccine cheer, stimulus optimism

Stock Markets5 minutes ago (Mar 01, 2021 08:56AM ET) By Medha Singh and Shashank Nayar (Reuters) – Wall Street’s major averages were set to open sharply higher on Monday as bond markets calmed after a month-long selloff, while encouraging updates on the vaccine and stimulus fronts strengthened bets over a swift economic recovery. Shares of […]

Advertisements
Advertisements

European Stocks Higher; European Manufacturing Data Impresses

Stock Markets2 hours ago (Mar 01, 2021 09:06) By Peter Nurse  Investing.com – European stock markets surged Monday, boosted by healthy manufacturing data in the region, a semblance of calm in global bond markets and more positive news of Covid-19 vaccines. At 5:05 AM ET (1005 GMT), the DAX in Germany traded 1.1% higher, the CAC 40 in France […]

European stocks rebound as bond markets stabilise

Economy35 minutes ago (Mar 01, 2021 03:35AM ET) (Reuters) – European stocks bounced on Monday after sharp losses last week as a selloff in bond markets eased, while optimism over COVID-19 vaccination programme and U.S. stimulus package further aided sentiment. The pan-regional STOXX 600 index rose 1.6% by 0811 GMT following strong gains in Asian stocks despite […]

Macau’s gambling revenue surges 135.6% in February

Stock Markets51 minutes ago (Mar 01, 2021 12:20AM ET) Gambling revenue in Macau surged 135.6% in February year-on-year even as the world’s biggest casino hub struggled to boost visitors from its key market of mainland China as authorities there urged residents to limit travel. February’s figure was 7.312 billion patacas ($915.14 million), according to figures […]

Advertisements
Advertisements

Asian stocks rally, battered bond market tries for stability

Economy1 minute ago (Feb 28, 2021 11:55PM ET) By Wayne Cole SYDNEY (Reuters) – Asian shares rallied on Monday as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge U.S. stimulus package underpinned optimism about the global economy and sent oil prices higher. China’s official manufacturing […]

Investors May Hit The Brakes On Baidu, Despite EV Catalyst

(TipRanks.com) – Baidu (BIDU) may be best known as China’s answer to Alphabet’s Google (GOOGL), but that’s not why investors have been buying it hand-over-fist since January. Shares may have pulled back a bit in recent days, yet the stock is still up over 30% so far this year, and remains overheated at current prices. […]

Advertisements
Advertisements

Tony Zhang’s Apple Trades

(benzinga.com) – On CNBC’s “Options Action,” Tony Zhang suggested investors should consider a bullish options trade in Apple Inc AAPL 0.22%. The stock is trading near a multi-month support level and the risk-reward on absolute and relative basis favors the long side, said Zhang. He wants to use options to acquire the stock at a discount. He wants to […]

Advertisements
Advertisements

Top 5 Things to Watch in Markets in the Week Ahead

Economy43 minutes ago (Feb 28, 2021 07:48AM ET) By Noreen Burke Investing.com — The shakeup in stocks prompted by the rapid run up in Treasury yields looks set to continue to be a major focus for markets in the coming week, particularly if stronger economic data pushes Treasury yields even higher. Investors will be focusing […]

Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits results

Stock Markets8 hours ago (Feb 28, 2021 01:10) By Jonathan Stempel (Reuters) – Warren Buffett’s enthusiasm for the future of America and his company Berkshire Hathaway (NYSE:BRKa) Inc has not been dimmed by the coronavirus pandemic. Buffett used his annual letter to investors to assure he and his successors would be careful stewards of their […]

UK’s Sunak says public finances won’t be fixed overnight

Economy4 minutes ago (Feb 28, 2021 09:15) LONDON (Reuters) – British finance minister Rishi Sunak said he would not try to fix the public finances overnight, days before he presents a budget statement that is expected to include further heavy borrowing to steer the economy through the COVID-19 crisis. “Look, this is not something that’s […]

Advertisements
Advertisements

Berkshire Hathaway B Earnings, Revenue miss in Q4

Stock Markets28 minutes ago (Feb 28, 2021 08:45) Investing.com – Berkshire Hathaway B (NYSE:BRKb) reported on Saturday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations. Berkshire Hathaway (NYSE:BRKa) B announced earnings per share of $2.15 on revenue of $64.38B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $64.72B. Berkshire Hathaway […]

Bitcoin (Btc) Price Prediction: BTC/USD Risks Losing $45,000 Support, if It Fails to Sustain Above $50,000 High

Author: Azeez Mustapha Last Updated: 28 February 2021 Bitcoin (BTC) Price Prediction – February 28, 2021Since February 25, BTC/USD has been in a downward move. BTC price has fallen from the high of $58,000 to $44,000 low. Today, Bitcoin has been in a range-bound movement between $44,000 and $48,000. Resistance Levels: $58,000, $59,000, $60,000Support Levels: $40,000, $39,000, $38,000 Since February 26, […]

Australia receives AstraZeneca vials as it ramps up vaccination drive.

By Lidia Kelly MELBOURNE (Reuters) – Australia received 300,000 doses of the AstraZeneca (NASDAQ:AZN) PLC vaccine on Sunday, more than doubling the amount of all vaccines shipped to the country so far and allowing the government to ramp up its COVID-19 immunisation drive. Mass vaccinations for Australia’s 25 million people began on Monday after the […]

Advertisements
Advertisements

Why Nokia Stock is a Compelling Value Holding for the 5G Growth Ahead

(investorplace.com) – Nokia (NYSE:NOK) is getting left out of the market’s incredibly strong performance. Aside from the Jan. 27 short-squeeze from Reddit users that lifted NOK stock to a $9.79 high, the company has no catalysts ahead. Source: rafapress / Shutterstock.com Nokia’s prospects in the telecom space are not entirely lost. Demand for high-performance networking gear […]

Airbnb, Inc. (ABNB) Q4 2020 Earnings Call Transcript

Prepared Remarks: Operator (fool.com) – Good afternoon, and thank you for joining Airbnb’s earnings conference call for the fourth quarter of fiscal 2020. As a reminder, this conference call is being recorded and will be available for replay from the Investor Relations section of Airbnb’s website following this call. I will now hand the call […]

Foot Locker stock tumbles after profit beats, but sales surprisingly decline

(marketwatch.com) – Shares of Foot Locker Inc. FL, -3.69% tumbled 9.0% in premarket trading Friday, after the athletic footwear and accessories retailer reported a fiscal fourth-quarter profit that beat expectations, but surprise declined in net and same-store sales. Net income for the quarter to Jan. 30 fell to $123 million, or $1.17 a share, from $134 million, or […]