Tag Archives: Market News

As the demands for longer-dated, risk-free securities among institutional investors have always been high, the Treasury will start issuing 20-year bonds. Securities that offer some nominal yield, amid $11 trillion of global debt with negative rates. While Japanese officials are thinking about a much longer 50-year security, the U.S. officials turned this idea down in their announcement.“The 20-year bond fits more easily into the existing market structure. This is a way of taking advantage of...

Facebook is facing a lawsuit from a group of four plaintiffs who are accusing the social media giant of anti-competitive moves. The complainants are demanding a court order that will force the company to shed some of its weight and sell its assets.The Facebook LawsuitOn Thursday, four tech startups initiated the lawsuit. In the filing, the plaintiffs suggest Facebook’s unlawful moves have built what they describe as a “social data barrier to entry.” This continues to prevent them from being...

Google‘s parent company Alphabet has hit a new milestone with its market hitting one trillion dollars. Google’s is the fourth global company to attain this feat just after Sundar Pichai became the CEO of Alphabet in December 2019.On Thursday, January 16 closing, the Alphabet stock was trading at $1450 with its market cap striking $1 trillion. In the last year, Alphabet’s stock has surged nearly 50% giving handsome returns to the investors. Thus, Alphabet stock was a shining start in 2019’s...

A potential ban of Nike super shoes is frustrating athletes. However, the ban of super shoes as they are called is already causing stock prices of Japanese rivals to rise. Shares of Japanese footwear maker Asics Corp. rose by about 8% on Thursday. Prices then settled to an average of about 4.7 %. This occurred after sources said that World of Athletics was considering banning Nikes Vaporfly shoes. The shares of Mizuno Corp. which is another competitor rose as high as 1.6%.Nike’s Vaporfly Next...

Advancement in technology has resulted in advanced strategies that criminals and terrorists use to pounce on innocent victims. Due to companies’ privacy policies, some manufacturers of the gadgets used by the crime perpetrators end up withholding crucial information to help perpetrators. One such company is Apple Inc.After the December 6, 2019, terrorist attack on a Florida Navy base, it emerged that the criminal used iPhones for part of his plans and communications. Since then, Apple is...

S&P 500 may rise by at least 15% this year. This is what top investment analyst Simon Fentham-Fletcher thinks. He is the Chief Investment Officer of Freedom Asset Management. Simon said this when he indicated that now it’s time to take profits. He also urged caution when doing so. In an interview, he said:“I’m actually starting to think about trimming back some of the exceptional gains we had last year and coming through into this.”“So from my perspective, yes, I think it is time to start...

South Korean automobile giant Hyundai has recently unveiled its new premium segment SUV called the Genesis GV80. This is the first sports utility vehicle from Hyundai from its Genesis collection. According to reports, Genesis will directly compete with the like of Lexus, Porsche, and BMW operating in this segment.Moreover, the design looks quite bold and distinct and comes with the collaborative efforts from Genesis’ Korea, Europe, and the U.S. office. The GV80 also hosts some premium...

After closing Monday at $524.86, Tesla stock accelerated on Tuesday in premarket to yet another all-time high in just a span of days. At the time of writing the price was growing by 1.74% to $534.With the electric car maker’s market cap now crossing the psychological margin of $90 billion, the company’s CEO, Elon Musk is now pretty close to unlock the first tranche (out of 12) of his generous pay package that was announced in 2018.Musk’s compensation plan included numerous performance targets...

Tesla stock price has continued to rise after making spectacular gains at the weekend. Tesla stock closed at $478.15 apiece on Friday. This has made Oppenheimer and Co. Inc. give the biggest bullish price prediction yet. The New York-based investment firm has given a price prediction of $612 per share. Sources indicate that this is the highest share price prediction given by a Wall Street firm. The firm said in a note to its clients:“We believe the company’s risk tolerance, ability to...

Analysis streaming out from Wall Street suggests that the year 2020 has a lot of profitable stocks available for investors who choose such companies as Facebook, Verizon, and McDonald’s, among others.Key PointsHigh yield stocks up for grabs in 2020.Facebook’s politically-induced woes may finally pay off in 2020.Verizon’s commitment to its core values makes it a company to watch out for in 2020.McDonald’s introduces innovative ideas that are stock boosters.McDonald’s to Become a More...