On Thursday Jim Cramer questioned “are prices real” on Wall Street anymore, as he exasperatingly tried to explain GameStop’s rally of as much as 175% over the past two days. “I think the average American right now is trying to figure out how do I find a stock that triples,” …
GameStop Surge Has Everybody Unrealistically Looking For Stocks About To Triple Read More »
Target wants to give shoppers another reason to skip trips to the mall: It’s adding mini Apple stores to some locations, with more space devoted to iPhones and other popular gadgets. The retailer said today that the shops will open in 17 Target stores this month, and it plans to …
Target To Open Mini Apple Stores Inside Seventeen Stores In Latest Move To Woo Customers Read More »
Tax hike of Hong kong on share trading was a “convenient catalyst” that helped spur a healthy correction for the city’s markets, says Tim Moe from Goldman Sachs. The government announced in its budget on Wednesday that stamp duty on stock transfers will be raised to 0.13% from 0.1%.
On Thursday Netflix said that it will spend $500 million this year on films and series produced in South Korea to broaden its growing slate of content from the country. Korean filmmakers and stars gathered in Seoul where the U.S. streaming giant announced its investment plans and also previewed images …
Netflix To Spend $500 Million In South Korea To Develop New Content In 2021 Read More »
U.S. stocks were lower today, extending their decline from Tuesday’s volatile tech sell-off with the Nasdaq 100 leading the decline. The decline in shares has been sparked by a spike in interest rates and concerns about rising inflation, but the promise of a $1.9 trillion fiscal stimulus bill continues to …
U.S. Stocks Dip As Investors Weigh Spiking Treasury Yields Against Stimulus Promises Read More »
The United States economy remains far from the Federal Reserve’s goals for employment and inflation and monetary policy will continue to provide support until further progress has been made, Fed Governor Lael Brainard said on Wednesday.
On Wednesday Australia’s antitrust chief claimed a victory over Facebook in a digital news battle that has captivated the world over the last week. Facebook blocked news pages last Wednesday after the Australian government said it was going to introduce a new law that would require Facebook to pay publishers …
Antitrust Chief Of Australia Claims A Win Over Facebook In News Battle Read More »
