US stocks fell earlier Wednesday, after a second consecutive record close for the Nasdaq Compound, as investors worried about rising coronavirus cases in many states and trade tensions between the United States and Europe. How are the benchmarks working? The Dow Jones Industrial Average DJIA, -1.37% it dropped 222 points, …
Read More »Dow, S&P extends earnings to second consecutive session, Nasdaq records new closing record as Apple hits new record
US stock indices USA They closed higher on Tuesday, with the Nasdaq Composite reserving another record close, helped by improving economic data and optimism on Wall Street about US capacity. USA To respond to the growing cases of COVID-19. Technology and consumer-oriented stocks led the recovery, with Apple posting a …
Read More »‘The finances are already done. Everyone bought everyone else with low-cost debt, “says Jeff Ubben, co-founder of ValueAct:” Elizabeth Warren was right. “
ValueAct Capital co-founder 58, Jeff Ubben, told the Financial Times that he is resigning from the investment fund he co-founded about two decades ago in San Francisco. “ ‘The finances are already done. Everyone has bought from everyone else with low-cost debt. Everyone has maximized their margin. They have bought …
Read More »Is Robinhood Making Money From Those Daily Trading Millennials? Okay, yes. That is the point.
As the twin black swans of the coronavirus pandemic and the historic collapse in oil prices rocked financial markets in early 2020, opportunities arose. So did the media narratives. One of the most popular: Bored youths, trapped at home with no access to sports, bars, or live entertainment, went into …
Read More »