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US banks lag behind the broader stock market and give an indication to the harsh recession investors are betting America will face as a result of the coronavirus pandemic. “Banks, as highly leveraged institutions exposed to every kind of business and sector, offer a more comprehensive perspective on the state of the underlying US economy…
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Julian Emanuel (pictured), chief equity and derivatives strategist for global consulting firm BTIG, is warning investors about a potential 15% to 20% correction in US stocks as the market continues to move up while the economy goes down. “It’s probably time for the market to reassess the uncertainties to the economy”, he said during an…
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World shares hit three-month highs on Wednesday as coronavirus lockdowns eased and investors bet on governments preparing further stimulus packages despite civil unrest across the US. The MSCI world equity index, which tracks shares in 49 countries, rose to its highest since 6 March, having gained throughout the Asian session. The index is down more…
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The successful launch of SpaceX’s Dragon spacecraft has lifted the shares of rival Virgin Galactic as investors dream of commercial flights into space. Stocks of the New Mexico-based Virgin Galactic (SPCE) surged by more than 7.9% during early morning trading on Monday, once again seeking to remain above their 50-day moving average line, a technical…
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Facebook chief executive Mark Zuckerberg (pictured) quickly dismissed Twitter’s decision to fact-check US President Donald Trump’s comments, as the debate between the White House and social media platforms heats up. The head of the world’s largest social media platforms, Facebook and Instagram, weighed in on the measure during an interview on CNBC’s Squawk Box on…
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How to Buy Liberty TripAdvisor stock in 2020:
The TripAdvisor stock has bottomed and is currently trading around the all-time low levels. We provide you with a step by step guide on how to buy the stock and sample some of the reasons that make TRIP the best buy today in this guide.
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Between the inexpensive gas, the free food samples, and the treasure hunt feeling of finding your favorite product, Costco inspires a loyalty that few other grocery stores command. It’s perhaps the only grocery store that doubles as the site of a family outing on weekends. Plus, the parking lot is reliably full; a good sign…
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Chinese tech giant Tencent Holdings said it would invest $70bn to strengthen China’s telecoms infrastructure, upping the race between the US and China to develop cutting-edge Big Tech platforms. Tencent, led by chief executive Ma Huateng (pictured, centre), plans to invest the cash in different areas such as cloud computing, 5G networks, cybersecurity, and new…
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Chinese e-commerce giant Alibaba (NYSE: BABA) registered a slightly lower margin in operating profits compared to Amazon (NASDAQ: AMZN), but there exists a huge difference in total revenue between the two platforms. Data gathered by Learnbonds.com indicates that for the financial year ending March 31, 2020 Alibaba’s operating profit was 9.3% lower than Amazon while…
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Intel doesn’t get as much coverage as more ‘exciting’ tech stocks like Apple, Google, and Facebook. But this 52-year old corporation has been at the forefront of driving technology forward with groundbreaking computer processors and chips. Intel’s tradition of innovation continues today and there are plenty of reasons to think that the future is bright…
