Tag Archives: Stocks

In what has been seen by many as a move into the fitness sector, Alphabet Inc. parent company of Google has been in talks with fitness device manufacturer Fitbit for the prospects of acquisition. Alphabet Inc. has been eyeing the wearable fitness device for some time and this could be a culmination of the innovative company’s intentions to get a slice of the fitness pie.Sources familiar with the matter indicate that while Alphabet is already at par with other device makers in terms of devices...

Photo: QuoteInspectorPeople who are invested in the stock market are currently counting interesting gains as there has been commendable growth in the major stock market indices. On Monday, the S&P 500 increased by 0.7% and successfully set a new record at 3,039.42, beating out the previous record of 3,027.98 which was set a few months ago on July 26.This increase was also seen elsewhere, as the Nasdaq Composite rose by 1% to hit 8,325.99, about 0.5% less than its own record highs. The...

It just over 7 years that social media giant Facebook decided to conduct an IPO. Since then, Facebook (FB) stock has been one of the favorite picks for investors looking for handsome returns.If we look at the Facebook stock price chart since May 2012, we can see a steady rise with minor swings until July 2018. It was in July last year when the Cambridge Analytica scandal broke out showing Facebook’s alleged breach of data and user privacy. The FB stock took a massive hammering losing 33% of...

The fact remains that you will still need a well-cushioned portfolio and follow some very basic rules about your earnings and spending to be comfortable. According to Stephen Fry, who is a certified financial planner and founder Safe Landing Financial, using a Monte-Carlo simulation, which is one of the most mathematically accurate ways of determination of financial outputs a tax-deductible account with inflows of a $100,000 a year or $65,000 per year in dividends, would do the trick quite...

Sir Richard Branson’s private space tourism company Virgin Galactic Inc. started its trading on the New York Stock Exchange (NYSE) via a direct listing at $12.10 on Monday under the ticker “SPCE”.The move comes after the Galactic merged with Chamath Palihapitiya’s venture Social Capital Hedosophia that gave the new company a combined valuation of $1.5 billion. Branson kept a 51% stake in the business.CEO George Whitesides said:“Virgin Galactic is making history again today as it becomes the...

Stocks in Chinese blockchain A-share companies “maxed out” to their 10% daily limit after a president Xi Jinping focused the attention of the public to the potential of the technology encouraging digital currencies, increasing the rise in related stocks and Bitcoin, which for the short time, though, went over $10,000.Xi said China should hurry up with its research into blockchain, the open ledger system that cryptocurrencies rely on. China’s central bank has been developing its own digital...

While this may come as a surprise to many but the less known and less trendy Pinduoduo has overtaken the upscale internet retailer JD.com both in share price and valuation. The share price rose on NASDAQ more than 12% to $39.96 giving it a market capitalization of $46 billion ahead of JD’s $45 billion. This makes Pinduoduo the 4th largest internet Chinese company whose shares are listed in another country with Meituan at $65.572 billion, Tencent at $385 billion, Alibaba at $449 billion. This...

Everybody is familiar with the name of Bill Gates — an American business magnate, the founder of the world’s largest software business Microsoft, and the second richest man in the world. What is the key to his raving success and how can you receive high money if all you have is $10,000? The answer is in our article.Since the establishment of Microsoft in 1975, Gates has held several positions including those of the chairman, CEO and chief software architect. As early as 1987, he was ranked...

Recently, on Friday, the U.S. Department of Defense (DOD) made it clear that they had chosen Microsoft over Amazon in their $10 billion cloud computing contract, also known as JEDI. With this contract, the Department of Defense will move its database to the cloud. However, this has left Amazon Web Services wondering as they were considered as leaders in the field, and the most likely winner of this contract.“We’re surprised about this conclusion. AWS is the clear leader in cloud computing,...

Photo: FordNearly a year and a half ago, Ford embarked on a mission to invent its first peek of a Mustang-inspired electric. And after several attempts, it’s now prepared to show the globe what “Mustang-inspired” actually entails.The company announced that it would launch the electric SUV on 17th November just before the LA Auto Show.By now, little is known regarding the electric SUV that’s hitting the market year. Besides issuing frequent hints or teaser images. The latest launched webpage...