US tech giant becomes first company in the world to reach $3 trillion in market capitalization The new year started with a fresh highwater mark for Apple, which became the first company to hit a market value of $3 trillion as investors poured new money into stocks on the first day of regular trading. Apple’s […]
Chandigarh (Punjab) [India], January 3 (ANI): Punjab Chief Minister Charanjit Singh Channi on Sunday apprised Congress interim president Sonia Gandhi of the current COVID situation and the preparedness against the pandemic in the state. As per an official release issued by the Chief Minister’s Office, Sonia Gandhi spoke to Channi over the phone and asked […]
The Beijing Stock Exchange opened for trading Monday, marking the debut of a venue that China hopes will channel funds into innovative smaller companies, as it tightens its grip on companies seeking listings overseas. The new exchange in the Chinese capital complements stock markets in Shanghai and Shenzhen, mainland China’s main financial centers. It also […]
Jonathan Neman, Nicolas Jammet, and Nathaniel Ru, Sweetgreen at the NYSE, November 18, 2021 Source: NYSE In a year with a spate of restaurant IPO stocks, Sweetgreen — one of the late entries — may have an exciting year ahead, building a new category on the strength of its tech investment. After a rough 2020, […]
NEW YORK, New York – Positive economic data propelled U.S. stocks higher Thursday, with the Dow Joines and Standard and Poor’s reaching record intraday highs. However the gains could not be sustained, and by the close all the major indices were trading in the red. The Dow Jones Industrial Average declined 90.55 points, or 0.25 […]
Players in the multiline insurance space are gaining from the ongoing rapid economic recovery. Increased vaccinations around the world are helping in streamlining the impact of the pandemic from the economies. The favorable backdrop is encouraging for multiline insurers, which are significantly leaning on product diversification to ensure uninterrupted revenue generation, increase the retention ratio […]
NEW YORK, Dec. 28 (Xinhua) — U.S. stocks closed mixed on Tuesday as Wall Street weighed the risks from a rapid spread of the Omicron variant. The Dow Jones Industrial Average increased 95.83 points, or 0.26 percent, to 36,398.21. The S&P 500 lost 4.84 points, or 0.10 percent, to 4,786.35. The Nasdaq Composite Index fell […]
My top consumer goods growth stock to buy right now is discount retail chain Five Below (NASDAQ:FIVE). This company isn’t curing cancer, splitting the atom, or landing humans on Mars — it’s simply a retail chain that specializes in toys, candy, and other novelty items for teens and preteens. Nevertheless, this seemingly mundane business can […]
Robinhood, the company popular with entry-level investors, has filed the confidential paperwork with regulators to eventually sell its own stock to the public. No word yet on when an IPO would happen for the company, which has been at the center of a battle between online retail investors and institutional investors over companies such as […]
WASHINGTON, D.C.: The Commerce Department has reported that during the third quarter of 2021 the U.S. economy grew by 2.3 percent, slightly higher than last month’s estimate of a 2.1 percent growth. But prospects for a future recovery has been put in doubt by the rapid spread of the Omicron variant of COVID-19. The higher […]