Business
Shares could ‘explode’ if Biden improves Covid vaccine rollout
[ad_1] The US stock market could rise if President-elect Joe Biden manages to smooth out the country’s difficult start on Covid vaccination, CNBC’s Jim Cramer said on Wednesday, just hours before the Democrat took office. “It’s pure chaos. I predicted it would be pure chaos. I never thought it would be this bad,” Cramer said … Read more
Ethereum Falls 8% After Exploding To New All-Time High Above $ 1,430, Still Outperforms Bitcoin’s 26% Gain Year-to-Date | Currency News | Financial and business news
[ad_1] Yuriko Nakao / Getty Images Ethereum fell 7% on Wednesday after hitting a new high of more than $ 1,430. The rise of projects based on decentralized finance, or DeFi, is directly linked to its explosive growth. Ethereum users receive more than 4% annual interest, while traditional banks offer less than 0.5%. Sign up … Read more
Low-cost Porsche Taycan electric sedan launched to take on the Tesla Model S
[ad_1] Porsche introduced a new entry-level version of its Taycan electric sedan that better rivals the Tesla Model S on price. The first rear-wheel-drive Taycan offered in the US starts at $ 79,990, but is eligible for a federal tax credit of $ 7,500 which takes it to $ 72,400, while the cheapest Model S … Read more
P&G raises full year sales and earnings outlook, ‘building on strong momentum’ amid COVID-19
[ad_1] If the approach of earnings season for consumer staples looks like a profit day for Procter & Gamble (PG), then many stocks in the sector could get one more leg. The shares of laundry detergent Tide and owner of shaving products Gillette climbed nearly 2% on Wednesday after another explosive quarter and optimistic outlook, … Read more
Stocks open higher ahead of Biden’s inauguration; Netflix shares soar
[ad_1] Shares opened higher on Wednesday, ahead of President-elect Joe Biden’s inauguration at noon, as investors remained optimistic about the prospects for a series of aggressive budget spending to help the economy recover from the COVID-pandemic. 19. The Dow Jones Industrial Average DJIA, + 0.60% up 100 points, or 0.3%, to 310,031, while the S&P … Read more
Netflix hits record after subscribers surpass 200 million
[ad_1] (Bloomberg) – Netflix Inc. ended its biggest year in company history on a high, rocketing its stock to an all-time high after adding more customers than expected and saying it no longer needed ‘borrow money to build your entertainment empire. The world’s leading paid streaming service attracted 8.51 million new subscribers in the last … Read more
Netflix stock climbs to best 1-day post-profit gain in over 4 years
[ad_1] Netflix Inc. NFLX Shares, + 13.40% surged 14.2% in pre-market trading on Wednesday, putting them on track to open in record territory, after the video streaming giant reported after the number of subscribers closed in the fourth quarter of the previous session, while earnings fell short of expectations. If the stock maintains its early … Read more
GameStop stock drops ahead of short seller’s livestream on 5 reasons to sell
[ad_1] Actions of GameStop Corp. GME, -4.09% fell 3.6% on Wednesday, after well-known short seller Citron Research said it would live broadcast a bearish call on the video game seller, after the recent rocket ride. The stock has climbed 108.9% this month alone, after the company struck a deal with an activist investor on a … Read more
Tesla Motors, Inc. (NASDAQ: TSLA) – If you bought Tesla shares instead of a Model S at launch, here’s how many you would have now
[ad_1] Tesla Motors began deliveries to customers of its Model S in June 2012. The car changed the face of electric vehicles and helped make Tesla one of the best-known brands and stocks. The stock or the car? In June 2012, the 300-mile range version of the Tesla Model S was selling for $ 77,400. … Read more