[ad_1] Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were higher on Monday night, as Treasury yields slid from recent highs. Tesla shares, Applied Materials and Nvidia led the stock rally on Monday. X On Monday, the Dow Jones Industrial Average rose 0.3%. The S&P 500 rose 0.7%, while the high-tech … Read more
[ad_1] CNBC’s Jim Cramer said on Monday that after a brief drop in cyclical stocks, investors now have the option of cutting their tech holdings and buying industrial stocks. The ‘Mad Money’ host, who has advocated for building a balanced portfolio, referred to stocks like steelmaker Nucor, Boeing, Union Pacific, General Motors, Ford and Southwest … Read more
[ad_1] (Bloomberg) – Oracle Corp. sold $ 15 billion worth of bonds on Monday in the second-largest offering this year, pulling down revisions from Fitch Ratings and Moody’s Investors Service. While the product will pay off debt until next year, it is a “deviation” from Fitch’s expectations that Oracle will reduce its debt when due, … Read more
[ad_1] David Solomon, CEO of Goldman Sachs, speaks at the Bloomberg Global Business Forum in New York, September 25, 2019. Shannon Stapleton | Reuters Goldman Sachs CEO David Solomon responded to complaints from junior bankers about the increased workload in a message to employees, after the results of an internal investigation where an employee described … Read more
[ad_1] The stock market recovery from last year’s COVID crash is testament to the unprecedented level of federal stimulus injected into the economy over the past twelve months, but few asset classes have benefited more from a rebound in financial markets than cryptocurrencies. Bitcoin BTCUSD, + 0.29% has increased by 548% in the last twelve … Read more
[ad_1] Biden campaigned to lower the corporate rate from 21% to 28%, raise taxes on foreign income and institute a minimum corporate tax rate. However, Goldman Sachs is betting that Biden’s tax plan ambitions will be watered down by political reality. Republicans are expected to oppose tax hikes en masse, and moderate Democrats might be … Read more
[ad_1] Since the onset of the chip shortage, automakers have been committed to using whatever chips they have available to keep building their most popular vehicles. But now, Ford (F) and Stellantis struggle to deliver complete pickup trucks to their dealers. “They’ve tried really hard to allocate the chips they get to high demand, high … Read more
[ad_1] “This is something our management team and I take very seriously,” CEO David Solomon said in a voicemail message to staff on Sunday. In a survey, a self-selected group of 13 first-year analysts painted a grim and unsustainable picture of life at the bottom of the financial food chain, saying their mental health and … Read more
[ad_1] Governor Ducey announced Monday that Arizona will open eligibility for the COVID-19 vaccine to all residents 16 years of age and older starting Wednesday, March 24. Arizona Governor Doug Ducey holds a press conference following the announcement. Watch live in the player below. Registration for state-run vaccination sites in Maricopa, Pima and Yuma counties … Read more
[ad_1] The Centers for Disease Control and Prevention must adapt their Covid recommendations more quickly when new scientific data emerges, Dr Scott Gottlieb told CNBC on Monday, adding that the agency must also do so with more transparency. “These guidelines have more of an impact on the economy than regulation,” but go through much less … Read more