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Facebook (NASDAQ: FB) stock price lost a quarter of its value during the coronavirus market selloff, but market pundits believe internet stocks are in a good position to face uncertainties. Tech firms are seeing more users on their platforms, who stay for longer, because people are being forced to stay at home due to pandemic….
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The fast-food industry is rethinking its business model in the face of the coronavirus outbreak – Starbucks’ strategy is to take the offensive. The Seattle-based group, with over 30,000 outlets worldwide said yesterday it would buy back 40 million shares, is taking advantage of a global selloff that has sent its shares to new 52-week…
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Marijuana stocks have been hit harder by the coronavirus inspired broader market selloff that has slashed 30% of the value of Dow Jones Industrial Average and S&P 500 index. The marijuana index fell to the lowest level in its three-year history – the index plunged to just 43 points compared to its 52-week high of…
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In a time not so long ago, the only way to buy shares was to telephone a traditional stockbroker and wire the funds. Fast forward to , it’s now possible to trade via your desktop or mobile device and fund your brokerage account with Paypal. Paypal deposits are inexpensive and instant, so if you’re looking…
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The US stock market crash that is provoked by the outspread of coronavirus has made a swathe of blue-chip stocks available at a discount because Dow Jones Industrial Average and S&P 500 are down almost 25% in the last month alone while NASDAQ has plunged 17% over the same period. But buying on the dip…
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The US stocks suffered another roller-coaster day plunging to their maximum allowed limit before rebounding sharply in Tuesday trading as investors pin their hopes on a White House $1trn stimulus package to help the economy through the coronavirus pandemic. The S&P 500 recovered from the previous session’s sell-off to end up 6%, even though earlier…
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US stock market futures hit ‘limit down’ levels on Sunday evening and the Dow futures begin Monday trading with the loss of more than 1000 points after Federal Reserve slashed interest rates to near zero. This is the second unscheduled rate cut from the Fed in a few days, which reduced the rates to a…
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Slack (NASDAQ: WORK) saw its stock price sink to the lowest level since its initial public offering (IPO) after its fourth-quarter sales missed analysts expectations, despite the messaging sharing firm seeing rising demand for remote working due to coronavirus outbreak. Shares plunged more than 20% in after market trading on Thursday. The Slack stock lost…
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Bonds are a useful component of any investment portfolio. They can reduce volatility and add diversity to balance risk across your portfolio. However, the truth is that the bond market is a mystery to a good number of people, including experienced investors. If it sounds like Greek to you as well, don’t worry because you…
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Uber (NYSE: UBER) stock price plummeted in the past couple of weeks amid investor’s concerns over the coronavirus outbreak. The ride-hailing giant said it provides drivers with disinfectants and will suspend drivers who have shown symptoms of the virus, but investors believe that passengers will be less likely to use shared vehicles if the outbreak…
