Wall Street investors and ordinary Americans waited for Washington to enact legislation in a second round of stimulus to support the covid-affected economy, after completing its last year in July. Most pundits were relatively optimistic for a while. But in the last few weeks, Congress, which has been delaying the …
Read More »Deutsche Bank warns that financial crisis could surprise investors
Excuses / Reasons to Sell? Concerns about the huge weight of the stock market are overflowing on Monday. The political turmoil following the death of Supreme Court Judge Ruth Bader Ginsberg has raised concerns among global banks about the money-laundering scandal, the second wave of COVID-19 concerns, and the U.S. …
Read More »This is the face competition of Tesla Cybertruck in the EV truck market
By the mid-decade, as many as nine manufacturers could offer EV pickups Full-size pickups currently sell about 2.5 million annually Who will embrace battery powered trucks? It took Tesla TSLA, + 4.42% Barely 72 hours to get 200,000 advance reservations for its new cybertruck, or so it claims, its annual …
Read More »European bank stocks fall following money-laundering allegations; Dow futures slide 400 points
The signal for HSBC (L) and Standard Chartered Bank (R) will be displayed on April 28, 2020 at the local headquarters of each bank in Hong Kong. Anthony Valace Les / Agence France-Presse / Getty Images Shares of Europe’s top banks fell on Monday after reports surfaced that they were …
Read More »European stocks and US equity futures are on the verge of vaccination and M&A action.
Capped vials of Oxford University’s COVID-19 vaccine candidate, who resumed trials after a break last week. Vincenzo Pinto / Agence France-Presse / Getty Images European stocks rallied on Monday, with US equity futures driven by news of vaccine hope, mergers and acquisitions. Stoxx Europe 600 Index SXXXP, -0.04% The best …
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