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%...
Read More »Deutsche Bank Gives Reason behind Stock Market’s 10-Year Bull Run, Bear Market Is Imminent
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...
Read More »Apple to Bring Mini LED Technology to iPad and MacBook by Late 2020
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...
Read More »Disney Frozen 2 Makes History on Thanksgiving Weekend with $249M Globally
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...
Read More »Wall Street Divided with Tesla, General Electric and Facebook Stock Results
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...
Read More »Tesla Cybertruck Inspired by James Bond Car that Elon Musk Bought for $1M
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...
Read More »Jeff Bezos Is Again the Richest Man as He Overtakes Bill Gates Thanks to Holiday Shopping
Jeff Bezos has unexpectedly become the world’s richest man again. This occurred largely due to a significant increase in U.S. online sales which has risen by 15.8 % as opposed to last year. Online retailers have made sales of about $50.1 billion this month alone so far. This, of course, has been reflected in the rising prices in Amazon stock which stands at $1,818.51 per share which indicates a rise of about 1.20% in the past twenty-four hours. Amazon’s stock has rebounded largely in part to...
Read More »Asian Stock Markets and Insurance Sectors will Improve in 2020, Says JP Morgan
Multinational banking and investment institution JP Morgan has expressed extreme confidence in the possibility that stocks in the Asian market will perform quite impressively as 2019 ends and 2020 begins. The company believes Asian equities are going to blossom, specifying that India and South Korea are fully set to take the lead.Speaking to CNBC on Monday, JP Morgan’s head of Asia ex-Japan equity research James Sullivan, said the JP Morgan camp is “bullish on Asian equities”, suggesting...
Read More »Tesla Cybertruck Games of Power with Ford F-150 Are Good Marketing for Both Companies
After a first, well. we could gently say – shock, Tesla’s Cybertruck doesn’t stop being controversial in any sense. This week is obviously reserved for Musk & Co. boasting around Twitter of how great and wonderful their new vehicle is (except the window glass but that will be repaired – Elon promised). And it’s worth mentioning that Tesla stock reacts positively (but slightly) to all this noise around the company.The distinctive Tesla’s CEO Elon Musk said how the company’s forthcoming...
Read More »Despite Current Flat Stocks Trading, 2020 will See ‘Great Rotation’, Says JP Morgan
On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...
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