Robinhood investment app seen on a smartphone in this photo illustration on June 24, 2020 in Washington, DC. Jim Watson | AFP | fake pictures Robinhood has postponed the launch of its popular UK stock trading app indefinitely. The Menlo Park, California-based fintech firm told people who signed up on …
Read More »Cramer says market movements are ‘crazy’ but ‘please stop comparing them to 1999’
CNBC’s Jim Cramer said Tuesday that “it’s time to admit these moves are crazy” after big gains from some of the biggest tech stocks on the market pushed the Nasdaq Composite to another record the day before, but he’s not forecasting a reversal. Expanding on a tweet in which he …
Read More »The EU agrees on an unprecedented $ 860 billion recovery fund as the bloc struggles with the consequences of the coronavirus
STEPHANIE LECOCQ / Getty European Union leaders reached a landmark agreement Tuesday on a $ 860 billion recovery fund earmarked for rebuilding the 27-member bloc. At the end of a four-day summit, heads of state agreed to distribute 390 billion euros ($ 446 billion) in grants and 360 billion euros …
Read More »US-China relations will remain strained, says former US ambassador
There will be little progress on the phase one trade deal before the U.S. presidential election in November, former U.S. Ambassador to China Max Baucus said Tuesday. President Donald Trump signed the partial trade agreement with Beijing in January, but the coronavirus pandemic since then has affected China’s economy. There …
Read More »Coca-Cola (KO) earnings Q2 2020
Ramin Talaie | fake pictures Coca-Cola is expected to report its second-quarter earnings before Tuesday’s bell. This is what Wall Street expects, based on an analyst survey by Refinitiv: Earnings per share: 40 cents expected Revenue: $ 7.18 billion expected The coronavirus pandemic has weighed on both supply and demand …
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