Glenn Kirk / Agency France-Press / Getty Images Investors worried about the recent turmoil in the stock market may want to keep an eye on the high-yielding corporate bond market of about $ 1.5 trillion to help gauge when more significant sell-offs could begin on Wall Street. Analysts are often …
Read More »Nicola’s talks with major energy companies have stalled following a short-selling report
Electric-truck makers Nicola Corp and BP have been accused of misleading investors. P.L.C. Conversations between several potential partners, including, have stalled, people familiar with the matter said. The shock is the first external indication that the onset of controversy surrounding the report affects its ability to implement its business plan. …
Read More »How long will Washington have to cut stocks to take action? You may not like the answer
Wall Street investors and ordinary Americans waited for Washington to enact legislation in a second round of stimulus to support the covid-affected economy, after completing its last year in July. Most pundits were relatively optimistic for a while. But in the last few weeks, Congress, which has been delaying the …
Read More »European stocks fall, Dow futures fall 300 points, traders react to Fed’s decision
Women wearing face masks exit a shopping mall where a sign is placed at an entrance reminding people of the need for masks at Westfield Santa Anita Shopping Mall on June 12, 2020 in Arcadia, California. Shares of Unibile-Rodamco-Westfield fell on Thursday. Frederick J. Brown / Agency France-Press / Getty …
Read More »The increase in Snowflake IPO makes it a pricey tech stock by a mile
Snowflake shares began trading on the New York Stock Exchange on Wednesday. NYSE Snowflake Inc. The record’s initial public offering gives the company an eye-popping appraisal that looks cheap to other obscure technology names by comparison. Snowflake share, + 111.60% The company rose 111.6% in Wednesday’s session after making the …
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