Tag Archives: Stocks

Recently, Live Bitcoin News reported that financial investment firm Goldman Sachs engaged in a client call to discuss assets like bitcoin and gold. This led some to believe that the company was suddenly a fan of bitcoin, and that it saw potential in the digital asset now that the American economy was showing signs of struggle.Goldman Sachs Doesn’t Care for BTC MuchSadly, this wasn’t quite the case. Goldman Sachs is now listing several reasons as to why bitcoin “is not an asset class,” and why...

Bitcoin, as of late, has been seen by investors as a tool that can potentially hedge wealth against inflation and other economic problems. It looks like that attitude towards the cryptocurrency is likely to continue in America for some time considering the new warning by Federal Reserve Chair Jerome Powell.Jerome Powell: The Economy Is Still WeakYesterday, Powell emerged to warn U.S. citizens that the economy is slated to face weak growth in the coming months “without modern precedent.” He...

Bitcoin has been on a serious roll this month. It just struck the $9,000 mark for the third time over the past few weeks, and it’s now trading beyond $9,500.Bitcoin is the Finance World’s Head HonchoAccording to a new report, bitcoin has outperformed most other assets, including gold and stocks. This is extra special news considering gold is often considered a “safe haven” asset. In times of economic strife, gold is known to remain as it is when it comes to price, and should it ever fall,...

The Dow Jones Industrial Average is actively gaining today as well as many stocks on the market. Meanwhile, U.S. coronavirus cases have topped 400,000The Dow Jones climbed nearly 800 points on Wednesday following Sanders’ decision to give up and quit his presidential campaign. Stock markets are also doing well today. Meanwhile, White House Health Advisor Anthony Fauci estimated the United States could see a slight outbreak decay next week and New York Mayor Bill De Blasio revealed some...

Disney (DIS) stock price is falling. Wells Fargo analyst Steven Cahall stated that the studio’s theme parks division will need a couple of years to return to normal business.The Walt Disney business has been seriously hit by the stay at home orders caused by the ongoing coronavirus. The Walt Disney Company (NYSE: DIS) stock fell 1.2% in after trading hours on Tuesday and is 1.1% down now, after Wells Fargo analyst Steven Cahall downgraded it, claiming that the Disney parks attendance could...

Zoom Video Communications (ZM) stock price lost $9.19 approximately 7.48% on April 8. The fall is being attributed to the class-action lawsuit. Zoom is being sued for not disclosing privacy security flaws.Since the outbreak of coronavirus, many people got to adapt to working remotely. Zoom Video Communications Inc (NASDAQ: ZM) and its stock price have been on the rise. However, the rally did not have much of the fuel as the bulls seem to be already exhausted. It all began around March 20,...

Amazon (AMZN) stock is set to climb higher as the company suspends its new shipping services to focus on its core business as customer demand spikes.Amazon.com Inc (NASDAQ: AMZN) has announced plans to suspend its delivery service until further notice. The company had started Amazon Shipping to rival other logistics giants like FedEx and UPS, making the option available in a few places, including Los Angeles. However, according to a Wall Street Journal report, Amazon will stop from June, and...

Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday. The number of coronavirus cases in the U.S. has hit a new record. On Wednesday, it surpassed 400,000, doubling in just one week. The number of deaths in the country reached 12,864. The U.S. is reporting most COVID-19 cases worldwide, followed by Spain, Italy, France, and Germany. The coronavirus...

Boeing (BA) stock price increased by 19% on Monday despite the fact that the company will pause operations at its facilities in South Carolina starting on Wednesday.Boeing Co (NYSE: BA) stock on Monday experienced a 19.47% rise as it contributed 16 points (10%) of the Dow Jones Industrial Average’s 1,627 point gain. The surge has made the stock become a reference point in its history as in 2020 alone Boeing stock has surged more than it had in the past 39 years.The firm’s share is now used as...

Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?When it comes to Alphabet Inc (NASDAQ: GOOGL) stock, it’s hard to always win or lose. The stock has been pretty volatile in the last few weeks, especially after the global outburst of the coronavirus pandemic.The company’s stock saw significant share price movement during recent months on Nasdaq, rising to highs of...