The size of the text Bailey Gifford is the largest holder of Tesla shares outside of the passively managed index fund outside of Elon Musk. By Tobias Schwarz Pool / AFP Getty Images Long time Tesla The shareholder is taking money from the table. Bailey Gifford, the UK-based asset manager, …
Read More »New Zealand stock exchange stops trading for 4th straight day after multiple cyber attacks
The New Zealand NZX exchange is targeting four days of DDoS attacks this week. Getty Images The New Zealand Stock Exchange stopped trading for a fourth day in a row on Friday due to multiple cyber attacks. “We are currently experiencing connectivity issues similar to those caused by severe offshore …
Read More »The US dollar is struggling. That should give a shot in the arm to global growth, says Goldman Sachs
A worker from the Chinese company Shanghai Zhenhua Heavy Industries runs past one of the two blue giant portico cranes Malaccamax, during their unloading on 23 July 2020, at the port of Fos-sur-Mer, on the outskirts of Marseille, southern France. clement mahoudeau / Agence France-Presse / Getty Images The US …
Read More »Here’s the reason why stock prices are not sustainable, according to this fund manager
In a week in which the S&P 500 sets a record in the midst of a pandemic, it’s fair to consider at least the bottom 495 parts. Michael Batnick, director of research at Ritholtz Wealth Management, points out 94% of the S&P 500 SPX, + 0.31% components trade below their …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
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