Facebook (full board) – Get report He was hit on Friday, dropping more than 8%. On Monday, selling pressure continued, with shares falling around 1%, although the bulls were able to offer stocks above the lows thus far. The widest decline in the market in recent sessions has not helped …
Read More »Beyond meat gets double downgrade at Barclays to underweight
Beyond meat (BYND) – Get report Shares fell in a bullish market Monday morning, after Barclays analyst Benjamin Theurer downgraded the seller of plant-based meat to an underweight overweight rating. Theurer’s move was based on “short and medium-term headwinds, primarily related to the closure of food service channels due to …
Read More »Oil prices rise a bit as industry weighs pandemic-related demand uncertainty
Oil futures rose cautiously on Monday, buoyed by some recovery in energy demand, even as COVID-19 cases exceed 10 million worldwide, raising the possibility of new closings in parts of the world. world to contain the spread. “As global demand recovers, the natural inclination for oil is to increase as …
Read More »Dow futures are on the rise to start the week shortened by holidays, even as global coronavirus cases exceed 10 million
US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
Read More »‘Berkshire Hathaway of our generation’: Billionaire investor Chamath Palihapitiya is modeling his firm on Warren Buffett’s company
Flickr / JD Lasica Venture capitalist billionaire Chamath Palihapitiya is modeling his Social Capital firm at Warren Buffett’s company. “My ambition is to be the Berkshire Hathaway of our generation,” said the president of Virgin Galactic in a recent Fortune interview. Palihapitiya hopes to make the Capital Stock public and …
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