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Exchange-Traded Funds (ETFs) are one of the most sought-after asset classes globally. They allow you to invest in an asset, or group of assets, without needing to own the underlying instrument. Instead, you are simply speculating on whether you think the price of the asset will go up or down in the open marketplace. As…
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US stock indices have lost more than 10 per cent of value in the last six days after hitting the highest level in history only two weeks ago. The Dow Jones Industrial Average slumped 1,190.95 points in Thursday trading—its largest-ever one-day fall. The Dow Jones Industrial Average is pointing to further decline in trading at…
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Amazon (NASDAQ: AMZN) opens its first full-size cashierless store in Seattle’s Capitol Hill on Tuesday, in line with its strategy of expanding its Main Street presence. The first full-size 10,400-square-foot Amazon Go grocery store is just a few miles from the tech giant’s downtown headquarters, and adds to the smaller 20-plus Amazon Go stores dotted…
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Apple (NASDAQ: AAPL) stock price plunged sharply over the past two days amid renewed worries related to coronavirus spread all over the world. The stock retreats from $300 level as investors weigh up the financial loss for the first quarter due to the spread of the virus in China. Bulls are claiming that coronavirus impact…
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Intuit (NASDAQ: INTU), the owner TurboTax and Quickbooks, plans to buy US personal-finance platform Credit Karma for about $7bn – a strategy that expands its penetration into consumer finance. Credit Karma is among the most popular platforms that offer free access to credit scores and borrowing history. It also offers credit monitoring, alerts to possible…
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The world’s most famous investor and the chairman of Berkshire Hathaway Warren Buffett sold almost $800m worth of Apple [NASDAQ: AAPL] stock this month. Buffett claims that Apple is one of his favorite stocks and he likes to buy more once the share price becomes attractive. Apple still remains the Buffett’s top holding according to…
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Goldman Sachs, JPMorgan and Jane Street have joined rival Wall Street heavyweights in backing Members Exchange (MEMX), a new low-cost stock market that plans to challenge the New York Stock Exchange and Nasdaq. The trio will take part in a new round of funding this month for the marketplace, which plans to force down fees…
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Google (NASDAQ: GOOG) plans to move its UK users’ accounts under US jurisdiction. The move is prompted by Britain’s exit from the European Union. The European Union (EU) privacy regulators will no longer have the ability to control the British user’s accounts after the announcement. The strategy of moving the accounts to US jurisdiction will…
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Nvidia (NASDAQ: NVDA) stock price soared to record highs following positive analysts commentary and price target hikes. Fiscal 2020 and fourth-quarter results are adding to investor’s and analysts’ sentiments. The improving fundamentals for the entire semiconductor industry are among the biggest catalysts for share price momentum in the analyst’s view. Nvidia designs graphics processing units…
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Tesla Chief Executive Officer Elon Musk’s net worth is now six times more than the cumulative wealth of the top 20 richest Hollywood actors. Data gathered and calculated by LearnBonds.com indicates the top actors control a combined fortune of $6.55 billion. On the other hand, Musk’s net worth stands at $40 billion, placing him in…
