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 »Fed adopts new approach to inflation: what it means for your savings, credit-card interest – and mortgage rates
The Federal Reserve is shaking things up – which is good and bad news for consumers. The Fed made some major changes to its policy over the years following an extensive review. The central bank has improved its approach to inflation and the labor market, leading to lower interest rates. …
Read More »Of all the major changes that took place in the Dow on Monday, this may be the most important
The Dow Jones Industrial Average will see a handful of significant changes on Monday morning, but that, perhaps, change in how it will be calculated, will be the most important for Wall Street in the near term. Starting Monday’s opening, the so-called divisor – the figure used to determine the …
Read More »Analysts hold workday stock rallies to record price targets on strengthening in the cloud
Workday Financial Management Desktop Product Work day Shares of Workday Inc. set new records on Friday after nearly three-quarters of analysts raised their price targets on the human resources cloud-software software company following earnings reports and outlook. WORKDAY WDAY, + 14.29% The stock rose more than 14 per cent to …
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 …
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