A recap of the past week in 3 short headlines. 1. A Slow Week for Stocks With the end of the highly-contested election cycle, the market has remained relatively stable as we head into the winter holidays. The Dow Jones dropped 0.74%, the S&P 500 fell -0.77%, while the NASDAQ gained 0.22% on the quiet […]
A recap of the past week in 3 short headlines 1. Back-and-Forth Week Stocks had a back-and-forth week due mainly to hopes for new stimulus rising and fading with new headlines from DC. For the past week, the Dow fell 0.95%, the S&P 500 fell 0.53%, and the NASDAQ fell 1.06%. As investors bet more […]
1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]
I was having a conversation with a group of friends the other day, and we were talking about how Google or Facebook or any of these companies that offer completely free to use services make money. Most people seem to believe that these companies sell your data, but in reality, it’s a little more complicated […]
A recap of the past week in 3 short headlines 1. Three’s a Crowd This past week was the 3rd consecutive week that the market declined. Continuing their trends from the previous week of 8/31/2020 and 9/7/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
A recap of the past week in 3 short headlines. 1. Tech Continues to Roar The major indexes – S&P 500, Dow 30, and NASDAQ – continue to set record highs amidst a seemingly unstoppable market rally. Tech as a sector continues to dominate. FAANMG and others are surpassing their records and adding billions to […]
On August 19, 2020, Apple Inc. became the first public US company to reach an astonishing $2 trillion market cap. Apple’s stock has soared in the midst of the COVID-19 pandemic—a time when US GDP for the second quarter of 2020 shrank nearly 32%. COVID-19’s Effect on Valuation The technology hardware company and maker of […]
The Dot-com bubble of the late 1990s and early 2000s was a speculative economic bubble created by excessive optimism towards Internet companies and their stocks. Today, it serves as a reminder of the consequences of greed, excess, and hype. Innovation in the 90s The 90s were a period of rapid technological advancement. The creation of […]
A recap of the past week in 3 short headlines. 1. Record-Setting Week The S&P 500 and NASDAQ reached record highs this past week. The S&P 500 and the NASDAQ are up 0.72% and 2.65%, respectively, for this past week. What’s particularly incredible about this record is that the S&P 500, now at 3,397.16, breached […]