Donald Trump’s Threats Make Twitter Stock a Buy
Twitter stock is going to suffer over the next few days, but ultimately Donald Trump can’t do without the social media platform. Read More: Donald Trump’s Threats Make Twitter Stock a Buy
The White House Has a Plan to Revive the Economy: Don’t Talk About it
Donald Trump’s unwillingness to release economic projections raises red flags as it suggests things aren’t as rosy as he insinuates. Read More: The White House Has a Plan to Revive the Economy: Don’t Talk About it
Smart Money Hasn’t Been This Bearish on the Stock Market Since Obama Was President
Institutional investors are shorting the S&P 500 Index at levels not seen since 2016. Is this a sign of things to come or a good contrarian indicator for the bulls? Read More: Smart Money Hasn’t Been This Bearish on the Stock Market Since Obama Was President
Bitcoin Price Tests $9.4K as Demand for Put Options Drops
Put options – a bet on bitcoin’s price – are declining alongside a rise in the leading cryptocurrency by market cap’s price. Read More: Bitcoin Price Tests .4K as Demand for Put Options Drops
US Court Freezes Assets Linked to Alleged $9M ICO Scam
A federal court has frozen assets raised from investors in the Meta 1 Coin token sale. Read More: US Court Freezes Assets Linked to Alleged M ICO Scam
Bitcoin News Roundup for May 28, 2020
Goldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It’s another episode of Markets Daily from CoinDesk! Read More: Bitcoin News Roundup for May 28, 2020
Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens
Users of the Compound lending platform will begin earning COMP governance tokens in mid-June. Read More: Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens
RIL-RE volumes jump to record 3.4 crore; price spurts 23%
On the penultimate day of trading. RIL-RE trading volumes spurted to 3.44 crore on Thursday. Read More: RIL-RE volumes jump to record 3.4 crore; price spurts 23%
Illiquid stock options: Sebi imposes Rs 30 lakh fines on two entities for fraudulent trading
The regulator has levied a fine of Rs 25 lakh and Rs 5 lakh on Topmost Commercial Pvt Ltd and Tradebulls Enterprise Pvt Ltd, respectively. Read More: Illiquid stock options: Sebi imposes Rs 30 lakh fines on two entities for fraudulent trading
Project Syndicate: Does Trump have China Derangement Syndrome?
As the Trump administration and congressional Republicans seek to blame China for the coronavirus pandemic and the COVID recession, they should take note that the Democrats’ obsession over Russia was a losing strategy. Read More: Project Syndicate: Does Trump have China Derangement Syndrome?
Capitol Report: House set to pass bill that gives small businesses more time to use PPP loans and lets them spend less on payroll
The House action comes as Senate Republicans and the Trump administration also back extending the deadline for spending Paycheck Protection Program money beyond the current eight weeks. Read More: Capitol Report: House set to pass bill that gives small businesses more time to use PPP loans and lets them spend less on payroll
Wall Street Breakfast: Social Media Crackdown
Read More: Wall Street Breakfast: Social Media Crackdown
Generation Bio Begins U.S. IPO Rollout
Read More: Generation Bio Begins U.S. IPO Rollout
Sias urges Hyflux to seek clarity on Utico’s 'bombshell' revised offer
THE Securities Investors Association (Singapore), or SIAS has called on Hyflux to immediately clarify key aspects of Utico’s revised rescue deal, which the investor watchdog dubbed a “bombshell” for holders of Hyflux’s Perpetual securities and Preference shares (PnPs). Read More: Sias urges Hyflux to seek clarity on Utico’s 'bombshell' revised offer
Bukit Sembawang lowers special dividend as Q4 loss deepens 23%
BUKIT Sembawang posted a S$14.2 million loss for the fourth quarter ended March – 23 per cent deeper in the red than a year ago due to steeper operating costs, the property developer announced in a bourse filing on Thursday. Read More: Bukit Sembawang lowers special dividend as Q4 loss deepens 23%
STI slips 4.24 points to close at 2,515.24; Singtel, ComfortDelGro among worst performers
A DECIDEDLY bullish tone on Wall Street overnight that sent the S&P500 index up 1.48 per cent to 3,036.13 did little to influence sentiment across the region, amid mounting concerns about US-China tensions. Read More: STI slips 4.24 points to close at 2,515.24; Singtel, ComfortDelGro among worst performers
US Open – EU Stimulus Lifts Stocks
Investors Look Past US/China Tensions European stocks are back in positive territory on Thursday while Wall Street is facing a mixed start, with the EU recovery package lifting sentiment on this side of the pond. The details of the package still need to be agreed, which could take months and include fierce debate among the […]
Mid-Market Update: Rally is here to stay, Bullish US data, Dollar down, Oil higher after EIA report, and Gold rises
US stocks should continue their painstaking climb up a treacherous wall of geopolitical uncertainty, supported by unlimited stimulus and as investors rotate back into value stocks. The US economy continues to benefit from reopening momentum, but a big part of this week’s rally is a big rotation into reopening stocks. If this stock market recovery […]
Honeywell CEO speaks exclusively with CNBC's Morgan Brennan
Honeywell CEO and Chairman Darius Adamcyzk joined Squawk Alley’s Morgan Brennan for a CNBC Exclusive. Adamczyk discussed PPE production, getting employees safely back to work, the products Honeywell is rolling out to enable that and much more. Read More: Honeywell CEO speaks exclusively with CNBC's Morgan Brennan
Expanded unemployment benefits for self-employed reach 8 million workers
Expanded unemployment benefits offered through the Pandemic Unemployment Assistance program are reaching nearly 8 million Americans, about 25% of all recipients. Read More: Expanded unemployment benefits for self-employed reach 8 million workers
Stock market live updates: Dow up 100, biggest bear bounce ever? Cramer says rally 'too far, too fast'
A conversation about the latest market-moving news, including the upcoming jobless claims data and China passing a controversial Hong Kong bill. Read More: Stock market live updates: Dow up 100, biggest bear bounce ever? Cramer says rally 'too far, too fast'
Abercrombie & Fitch sales fall 34%, with stores forced shut during coronavirus pandemic; shares fall
Abercrombie & Fitch said its sales tanked 34% during the first quarter as its stores were forced shut during the coronavirus pandemic. Read More: Abercrombie & Fitch sales fall 34%, with stores forced shut during coronavirus pandemic; shares fall
Popeyes U.S. same-store sales soar more than 40%
Restaurant Brands International said Thursday that Popeyes’ U.S. same-store sales have soared more than 40% as of the third full week of May. Read More: Popeyes U.S. same-store sales soar more than 40%
EIA weekly US oil inventories +7928K vs -1911K expected
Weekly petroleum inventories: That’s a big build but it was largely foreshadowed by the API report late yesterday. Oil is under some modest pressure and down 37-cents on the day to $32.44. API numbers from late yesterday: Read More: EIA weekly US oil inventories +7928K vs -1911K expected
European equity close: The rally continues
Another day of big gains in Europe See here for global coronavirus case data Read More: European equity close: The rally continues
UK cautions EU against financial 'self harm' over Brexit
Read More: UK cautions EU against financial 'self harm' over Brexit
Big investors sniff bargains in tottering Spanish property market
Read More: Big investors sniff bargains in tottering Spanish property market
GBP/JPY Price Analysis: Pound remains limited by the 133.00 resistance vs. Japanese yen
Read more on https://www.fxstreet.com Read More: GBP/JPY Price Analysis: Pound remains limited by the 133.00 resistance vs. Japanese yen
USD/CHF Price Analysis: US Dollar pushing against triangle support
Read more on https://www.fxstreet.com Read More: USD/CHF Price Analysis: US Dollar pushing against triangle support