Tesla shares were trading sharply lower in aftermarkets on Friday after it failed to get an entry into the S&P 500. It had become eligible […]
‘Dangerous’ Tesla Shares Tank after Snub from S&500
Author: Mohit Oberoi
Last Updated: September 7, 2020
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Bitcoin drops over the weekend as markets keep tumbling
Author: Alejandro Arrieche
Last Updated: September 7, 2020
The price of Bitcoin kept falling during the weekend while the US dollar is regaining strength as Thursday and Friday’s bearishness seems to be spilling […]
Cruise line stocks go higher as tech stocks lose their shine
Author: Alejandro Arrieche
Last Updated: September 4, 2020
Cruise line stocks performed positively yesterday despite the broad-market sell-off led by tech stocks, as investors see a future for the industry after the virus […]
Is There a Tech Bubble in 2020 and Would It Burst?
Author: Mohit Oberoi
Last Updated: September 4, 2020
US tech stocks snapped their ten day winning streak and the Nasdaq Index closed down almost 5% on Thursday reigniting concerns over overvaluation in tech […]
US dollar emerges from the deeps as market volatility keeps rising
Author: Alejandro Arrieche
Last Updated: September 3, 2020
The US dollar – as tracked by the US dollar index (DXY) – is rebounding strongly from its 2020 lows of 91.95 during today’s early […]
Costco Reports Strong August Sales as Discount Retailers Outperform
Author: Mohit Oberoi
Last Updated: September 3, 2020
On Wednesday, discount retailer Costco reported a 15% rise in its August sales. Shares were trading higher in pre markets today even as futures point […]
Mortgage applications climb 28% amid record-low interest rates
Author: Alejandro Arrieche
Last Updated: September 2, 2020
Homebuyers are rushing to apply for mortgages amid record-low interest rates, while homebuilder’s shares trade at all-time highs in light of this increased demand. Mortgage […]
Tesla on a Capital Raising Spree as Stock Surges
Author: Mohit Oberoi
Last Updated: September 2, 2020
Tesla has announced plans to raise $5bn through stock offering from time to time. This is the second capital raise in 2020 for the popular […]
Unemployment in Europe ticks up pointing to bumpy recovery
Author: Alejandro Arrieche
Last Updated: September 1, 2020
The unemployment rate in Europe rose to 7.9% in July among the 19 countries that have adopted the euro as their official currency, highlighting the […]
FDA chief says a vaccine could be approved before trials are completed
Author: Alejandro Arrieche
Last Updated: September 1, 2020
The head of the Food and Drugs Administration (FDA) of the US said yesterday that he was willing to considering granting approval to a coronavirus […]