Tag Archives: Market News

On Monday, December 2, there was palpable disappointment in the finance atmosphere as the U.S. stock market’s major indexes, including Dow, saw a sharp fall, the largest 24-hour loss in the last eight weeks. The loss has left quite a number of investors rattled as some believe that it might be an important factor in deciding how well or poorly the general stock market will end 2019.For specifics, the Dow Jones Industrial Average (DJIA) ended the day at 27,783.04 points, losing 268.37, a 0.9%...

Over the last ten years or so, the American stock market has been performing quite impressively, with continuous rises in its general bull run. Since 2009, companies – notwithstanding price drops over smaller periods – have been doing better with time, on average. German multinational investment and financial services firm Deutsche Bank AG has now revealed the driving factor behind this decade-long bull run.According to a tweet from market analyst Holger Zschaepitz with German media company...

Consumers in the United States made it again. The record for Cyber Monday was hit and it amounted to $9.4 billion spent or 18.9% year-over-year growth, according to preliminary data by Adobe Analytics.However, most of the buyers didn’t wait until Monday to start shopping since retailers started sales earlier in the month, just after Thanksgiving and Black Friday. As we have already reported Black Friday online consumers spent $7.4 billion.Among the winners of this holiday season are Best Buy,...

Apple Inc. has gained a strong foothold in the smartphone and computing industry through its high-quality products. Whether it be iPhone, iPad or the Mac, Apple has always put special attention to its display technology and invested billions of dollars over the course of the last few decades.Recently, popular Apple analyst Ming-Chi Kuo stated that the Cupertino-based tech giant will switch to mini-LED technology in the next one year. As reported by 9to5mac, Kuo predicts that Apple will bring...

This year it seems that Disney has it all figured out as its new animation film Frozen 2 has become the highest ever grossing film at the box office during Thanksgiving weekend. The ticket sales have reached about $124 million in the United States and $249 million worldwide as sources indicate. This, of course, brings the total amassed by the movie to about $738 Million. This, of course, means that Olaf the Snowman, Princess Anna, and Queen Elsa will bring in another billion-dollar movie to...

Online shoppers in the United States seem to have made a new name for themselves as the last Black Friday event produced the second-largest sales in history next to last year’s Cyber Monday. Sources indicate that while the Black Friday Sales have been the biggest so far, “small business Saturday” has also gone up by 18% as against last years’ figures reaching $3 billion while Black Friday sales reached about $7.4 billion. But let’s not forget about the last year’s Cyber Monday sales that were...

Usually, when analyzing stocks, Wall Street analysts are like a pack of wolves – agreeing on most of the stocks’ directions finding sort of an informal consensus on Wall Street among this crowd. However, there are always some stocks that separate analyst’s opinions. One of those is one of the most controversial these days – Tesla. For now, this stock has the widest gap from bottom to the top, according to different analysts.Even though in the year-to-date analysis it did grew slightly – from...

These days many of us are wondering what has inspired Tesla for creating its Cybertruck. And there is an answer.Perhaps you had the chance to watch some of the top shows about ‘blind auctions’, ‘storage wars’ etc. It’s mostly about people buying a storage unit without knowing what’s inside. Usually, it’s a bunch of crap, but sometimes, people find some crazy things inside – and very worthy as well. Be it as it may, back in 1989, a couple from New York bought such a unit for around $100. It...

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...

Swedish fintech firm Klarna has become the undisputed champion in the fintech space. Sources indicate that the gains made his year alone has put the firm light years ahead of its peers and competitors. The e-payments firm has indicated that about 60,000 merchants have been added to its network and that it has created linkages with about 190,000 retail partners in addition to 16 million new users of the service as well.Moreover, it has emerged that the fintech firm is now worth about $5.5...