Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Apple, Tesla stock splits could encourage others
Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
Read More »News updates: Joe Biden Presses for National Mask Mandate
Workers wearing personal protective equipment perform Covid-19 tests in Drive in Winnetka, California (Photo by Kevin Winter / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • Joe Biden kicks in for a national mask mandate, …
Read More »Nasdaq Composite kicks off latest trade in July on the upside as tech gains boost stocks, but concerns persist about coronavirus stimulus bill
US stocks opened higher on Friday morning on the last day of July after Apple and Amazon made strong gains and Alphabet and Facebook, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase in coronavirus cases and the disappointing labor …
Read More »Amazon Stock jumps on strong second quarter results
Text size Packages from Amazon.com Inc. are stacked on the sidewalk in New York, USA, on Thursday, June 11, 2020. Jeenah Moon / Bloomberg With a big boost from accelerated e-commerce adoption amid the Covid-19 pandemic, Amazon. com released second-quarter financial results that dramatically exceeded Wall Street estimates and the …
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