A recap of the past week in 3 short headlines. 1. Good Week for Tech Earlier this month, people really started to doubt the strength of the rally in tech stocks. Typically, when something goes up a lot in a short period of time (ahem, Bitcoin), lots of skepticism about that growth starts to arise. […]
A recap of the past week in 3 short headlines 1. Eventful Week Every day this week had something for everyone. From highly anticipated tech IPOs to encouraging vaccine news to lawsuits against Big Tech, every day brought something new. First off, the S&P 500 fell 0.96% for the past week. Investors feared that more […]
A recap of the past week in 3 short headlines. 1. Fading Excitement With amazing news announced Monday in the form of Pfizer’s reportedly 90% effective vaccine, markets started off the week very strong. The news from the American biotech company helped sustain the broad rally of the past two weeks, leaving non-tech industries that […]
A recap of the past week in 3 short headlines 1. Investors Are Spooked Stocks had their worst week and month since March after indices closed down on Friday. A record spike in COVID cases along with election jitters are leading to volatility last seen when COVID hit the markets earlier this year. With much […]
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. Is It Over? This past week was the 4th consecutive week that the S&P 500 declined. Continuing its downward trends from the previous weeks of 8/31/2020, 9/7/2020, and 9/14/2020, the S&P 500 and continued their decline as many investors continue to lower their expectations […]
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 […]
The COVID-19 pandemic has principally altered the condition of the United States economy, prompting a significant deviation from the typical amount of business activity seen in the past few years. Many companies have attempted to pivot to recent events through mergers and acquisitions — transactions where a company’s ownership changes or transfers to another business. […]
Facebook’s announced cryptocurrency, Libra, has made quite the splash since it was first announced. For starters, it is already more well-known among the public than any other crypto besides Bitcoin. That includes staples of the cryptocurrency world, such as Litecoin and Ethereum, both of which have been around for years. While masses sit on the […]