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Amazon stock hit an all-time high, which saw founder Jeff Bezos (pictured) add another $24bn to his fortune. The tech giant’s stock lifted 5.3% to an all-time of $2,283.32 trading on Nasdaq on Tuesday, netting Bezos, who owns an 11% stake in the company, a further $24bn. This swells the net worth of the richest…
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US airlines accepted a $25bn government rescue package to avoid potential bankruptcies and employee layoffs as the coronavirus pandemic has devastated the industry. Alaska Airlines (NYSE: ALK), American Airlines (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), United Airlines (NASDAQ: UAL), and others agreed a deal with the Treasury Department. The stock…
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How to buy Cisco stocks online in 2020:
Looking to add Cisco stocks to your portfolio? We provide you with a step-by-step guide on how to buy Cisco stock on eToro, and reasons why we believe Cisco may be a great addition to your stock portfolio.
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How to short Bitcoin:
In this trading guide, we teach you the three popular strategies you can use to short Bitcoins and the leading online brokerages that allow you to short trade bitcoins…
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Delta Air Lines (NYSE: DAL) stock has struggled to recover losses it has made over the last couple of weeks amid a lack of clarity over the government’s $25bn payroll relief package. Delta is entitled to receive $5.6bn of payroll grant on an agreement that the airline will repay 30% of the total grant along…
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How to buy IBM stocks in 2020:
In this guide, we give you a step by step guide on how to buy IBM stocks on eToro, share the company’s historical performance, and some of the reasons we believe that it is a viable investment, read on.
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The disclosure of the fraud by Luckin Coffee has had an adverse effect on the majority of Chinese companies listed on United States exchanges, Financial Times reported on Sunday. “It makes you question the whole system, honestly,” the Citron Research founder Andrew Left told the FT. “It just shows you the lack of controls; you obviously…
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US companies Hilton Worldwide and Wynn Resorts were among the ones to start exploring credit lines to shore up liquidity amid worsening market conditions triggered by the coronavirus outbreak. Hilton stock has dropped 46% amid the current crisis. Shares of Wynn Resorts (NASDAQ:WYNN) fell 44.3% in March, according to data provided by S&P Global Market Intelligence, and fell another…
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Inovio Pharmaceuticals (NASDAQ:INO) stock jumped more than 70% in the space of a week due to the company’s involvement in the development of a potential vaccine for the novel coronavirus. Previously burdened by debt and a lack of profitability, the latest update from the Pennsylvania-based pharmaceutical firm turned around the downtrend of its stock. As Inovio…
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Billionaire hedge fund manager Steven Cohen (pictured) warned his staff to remain cautious over stock market rallies following the coronavirus driven sell-off. He said stock markets never regain the losses in a straight line and that’s why he told staff at his Stamford-based Point72 Asset Management to be disciplined when trading stocks. “After an earthquake…
