Month: November 2020

November has been an absolutely brilliant month for the stock market as investors boosted stocks all across Wall Street as news from multiple companies about positive COVID-19 vaccines coming close to distribution led some to believe that the old normal would soon be returning. December could be a barometer as to whether that was all
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Record high PC sales seem to be helping HP Inc., reach new milestones. In fact, they managed to top Wall Street estimates for their fourth-quarter results, coming in with a non-GAAP net income of $800. This is less than the year-ago quarter when they were a full $100 million higher. The company has seen a
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Former Chairperson of the Federal Reserve Janet Yellen was selected by President-Elect Joe Biden to become the next Treasury Secretary of the United States. A former Chair of the Federal Reserve, she is very popular with heavy hitters on Wall Street but was looked over by current President Trump for Jerome Powell, who was a
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EQT Corporation. (NYSE:EQT) has been on an aggressive acquisition spree as it looks to strengthen its prospects and competitive edge in the embattled energy industry. After acquiring assets belonging to Chevron Corporation (NYSE:CVX) to a tune of $735 million, the company has affirmed it is not yet done in driving the wave of consolidation in
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Closing out the week the stock market saw a second straight day of falling prices. The Dow Jones fell 0.75% to close at 29,263.48. The NASDAQ fell 0.42% to close at 11,854.97 and the S&P 500 fell 0.68% to close at 3,557.54. On the other hand, STOXX Europe saw an increase today of 0.45% to
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With stiff competition in Kohl’s, Macy’s, Walmart and Best Buy Physical locations as well as Walmart and Amazon online, Target seems to be pushing itself forward in entirely new ways, and it just might be able to come out on top. It’s unclear what exactly is driving all of the benefits, but the company seems
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Bitcoin remains supported for further price gains above the $17,200 level. According to popular Bitcoin trader Edward Morra, the level is a major buy wall that continues to attract buyers, most of whom believe the flagship cryptocurrency is on its way to record highs of $20,000. Bitcoin Price Analysis Bitcoin whales are reportedly using large
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Binance has filed defamation charges against two Forbes writers over an article published, purporting to show how the exchange evades regulations. The complaint filed in a U.S District Court alleges the article ‘Leaked Tai Chi Document,’ contains lots of false, misleading, and defamatory statements. Forbes Sued Michael Del Castillo and Jason Brett are the writers
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The stock market reported yet another drop today, with the Dow Jones falling 1.16% to close at 29,438.42. The NASDAQ closed down 0.82% to finish at 11,801.60 and the S&P 500 closed down 1.16% to finish at 3,567.79. STOXX Europe, on the other hand, saw an increase of 0.45% to close at 390.56.   The
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