Shares of Inovio Pharmaceuticals Inc. rebounded to a 20-year high in high volumes on Friday, erasing a previous sharp loss, after a longtime bull downgraded the Pennsylvania-based biotech company, and later that the company disclosed some terms of the funding agreement with the US Department of Defense announced earlier this …
Read More »The author of ‘Black Swan’ says that if investors don’t use a ‘tail hedge’, he recommends ‘not being on the market’ – ‘We are facing great uncertainty’
“ “If you don’t have tail coverage, I suggest that not being in the market we face great uncertainty.” “ That is the author of “Black Swan: The Impact of the Highly Unlikely”, Nassim Nicholas Taleb, who offers his point of view on the risks that arise in the market …
Read More »Premarket Actions: Why the Fed Is Restricting US Banks Amid Coronavirus
But the new restrictions announced by the Federal Reserve underscore the uncertainty of the outlook due to the coronavirus pandemic, with the United States registering a daily maximum for new cases on Thursday amid an increase in infections in states such as Texas, California and Florida. What’s Happening: The Federal …
Read More »Verizon Joins Boycott of Facebook and Instagram Ads
Verizon (VZ) – Get report became the largest company to remove its advertising from Facebook (full board) – Get report and Facebook-owned Instagram about what, and a growing number of companies and organizations say, is the social media company’s inaction to stop hate speech on its platforms. The communications giant …
Read More »Dow falls 300 points early Friday morning when the Fed limits bank investor payments and coronavirus cases record a surge
Benchmarks for US equities fell sharply lower on Friday morning, with major indices poised to end the week’s losses as investors analyzed a record surge in new coronavirus cases and the implications of Federal Reserve Bank stress test results announced Thursday night. How are the benchmarks working? The Dow Jones …
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