Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
Read More »Amazon shares rise when Goldman sets new high street price target
Text size Ina Fassbender / AFP via Getty Images Shares of Amazon.com were trading strongly higher on Monday in a pair of bullish analyst notes as Wall Street raises expectations ahead of the company’s earnings report to be released on July 30. The company is an obvious beneficiary of both …
Read More »Microsoft reports earnings on Wednesday. This is what to expect.
Text size Dominick Reuter / AFP via Getty Images Microsoft shares have climbed to new highs during the Covid-19 pandemic, as companies accelerate their adoption of cloud-based software. This has given a boost to both Azure, the company’s public cloud service, and cloud-based apps like Office 365 and Teams. How …
Read More »Big 3 Index providers have a tremendous amount of power, even over Tesla
If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
Read More »The open secret in the commercial real estate sector is that homeowners regularly withdraw cash from properties – here’s a look at how much
It is an open secret that commercial real estate owners withdraw cash from buildings. When they do, unlike homeowners, criticism is often mild. After all, hotels, shopping malls, office towers, and other commercial buildings are run as businesses, where the primary goal is to make a profit. “The real estate …
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