Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
Read More »Trump’s diagnosis has caused confusion in the U.S. stock market
By April Joiner, Lewis Krk Skopf (Reuters) – Investors are speculating on how a potential deterioration in President Donald Trump’s health could affect property prices in the coming weeks, as U.S. Leader Kovid-19 has been admitted to hospital after being diagnosed. File photo: US President Donald Trump took off from …
Read More »Kramer downplaces market drop on Trump coronavirus; Get the shopping list ready
CNBC’s Jim Kramer on Friday denied stock market declines over President Donald Trump’s positive test for coronavirus, suggesting investors may consider buying on pullbacks. “I’m not saying this is too much to do,” Kramer said on Squawk. “I say people should have a buy list ready.” Stock futures fell sharply …
Read More »Chamath Palihapitiya speeds up airlines again, demanding more money from customers and small businesses
Chamath Palihapitiya Olivia Michael | CNBC If the government allows more stimulus funding, they should look at individual customers and small businesses, venture capitalist Chamath Palihapatia said on Wednesday. The CEO of Social Capital gave a detailed account of his remarks to CNBC earlier this year in which he said …
Read More »Palantier Trades High in NYSE Debut
Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
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