The S&P 500 index is crawling to the brink of a rare barrage, and persistent uncertainties created by the COVID-19 pandemic in its rise. Although the most important benchmark of the stock in the world is likely to have climbed to a record, the rally has been postponed by the …
Read More »Soros charges to banks, cloud-based software companies
Billionaire George Soros showed interest in large banks and cloud computing companies in the second quarter, according to a submission to the Securities and Exchange Commission. In the quarter ended June 30, Soros Fund Management added a new 1.2 million stake in Bank of America Corp. BAC, + 0.45%, a …
Read More »Tepper’s appaloosa calls for new stakes in AT&T, Visa, PayPal, Disney and Mastercard
David Tepper’s fund Appaloosa took a number of new strikes in most communications services, technology and payment platforms over the past 45 days, according to regulatory filings filed with the Securities and Exchange Commission on Friday, known as 13Fs. Appaloosa has acquired more than 9 million shares in AT&T T, …
Read More »Uber rides in California could stop, but Uber Eats still has a green light
Uber may close new week ride recovery in California, but Uber Eats will continue to operate. Justin Sullivan / Getty Images Rides from Uber Technologies Inc. may end up in California next week, but Uber Eats – and the many drivers who have switched on delivery to get the service …
Read More »Tesla Inc. stock performs as a brand on strong trading day
Shares of Tesla Inc. TSLA, + 1.83% rallyed 1.83% to $ 1,650.71 Friday, over what proved to be a very mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, + 0.12% increasing 0.12% to 27,931.02 and the NASDAQ Composite Index COMP, -0.21% decreased 0.21% to …
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