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Posts Tagged ‘stock market’

More than half of Americans actually think Trump is handling coronavirus well

Sure, he pretended it was all a "Democrat hoax" for the last 2 months; neglected to do anything but downplay the virus for those 2 months; repeatedly used the pandemic as an excuse for anti-Asian racism; and brought his own precious economy to a grinding halt as unemployment reached record highs.

But according to ...

Trump signed his name to DOW chart when it artificially blipped up. Now look at it

The folks in Trump's loyalty cult were crowing with I-told-you-so glee when the stock market experienced a relatively puny uptick on Friday. Trump even added his signature to a misleadingly cropped chart of the short-lived rally and sent it to his most embarrassingly spittle-licking sycophants, like Fox News' Lou Dobbs, who could barely contain ...

Facebook stock plummets 8%, wiping out $50 billion in market value

Facebook issued a disappointed quarterly report, sending its stock price down by 8%, reports CNBC.  In the report, "Facebook also warned of advertising headwinds related to privacy and regulatory changes on the horizon, leading to slowing growth in the U.S. Facebook said privacy improvements on Apple’s iPhones and Google’s Android software could hurt its ...

Stocks gain back some ground as investors assess the trade war’s impact

Stocks had their best trading day in a while on Tuesday as investors took a break from selling to assess the actual effects of the trade war with China. Both the Dow Jones Industrial Average and the S&P 500 gained back some of their losses with the DJIA climbing 207.06 points to close at 25,532.05 ...

Shares of SoftBank Group, Uber’s biggest stakeholder, slide after its disappointing IPO

As Uber’s biggest shareholder, SoftBank Group had high hopes for the ride-sharing company’s stock market debut last week. Instead, the Japanese conglomerate’s shares have been sliding along with Uber’s following its disappointing initial public offering. SoftBank shares began sliding at the end of last week after Uber set its IPO price at the low end ...

Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology companies were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing trade war between the two countries. The S&P 500 Index shed roughly $1.1 trillion of value while the Dow Jones Industrial Average and the Nasdaq Composite Index fell 2.38% and 3.41%, respectively. On Monday, China ...

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new index fund product focused on the gig ...