It’s been three months since Coupang (NYSE:CPNG) went public at $35 a share. CPNG stock is like a tale of two seasons. Source: Ki young / Shutterstock.com First, there’s its 40.7% first-day return. Second, there’s the e-commerce stock’s retreat ever since. Given the schizophrenic nature of CPNG stock, investors are left to wonder if it’s a […]
Thanks to the potential of the country’s listed companies, HSBC has termed Bangladesh’s stock market as a “hidden gem” for fund managers. Although Bangladesh has higher earnings growth, the sell-side remains limited, the British multinational investment bank said in a report on the Asia frontier styled, “Bangladesh at 50: ready to close the gap with […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks to bounce after Biden capital gains concerns slammed Wall Street Traders on the New York Stock Exchange. Source: NYSEa 2. Bitcoin, other cryptos sink and shave $200 billion off global market A visual representation of the […]
The Global Compact partnered with international non-profit CDP, on behalf of the Science Based Targets initiative (SBTi), a body supporting businesses to set ambitious emissions reduction goals. In December 2015, more than 190 signatories in Paris, agreed to limit the rise in global average temperature to well below 2° C (3.6° F) above pre-industrial levels, in […]
The New York Stock Exchange is closed April 2 in observance of Good Friday. NYSE Text size The S&P 500 index topped 4000 for the first time on Thursday. The benchmark index enters Good Friday on the heels of a record close. It will stay above that mark until at least Easter Monday. Is the […]
(Wyoming Game and Fish Department) CASPER, Wyo. — Wyoming Game and Fish Sheridan Region biologists and Tillett Hatchery personnel have stocked several community ponds with “catchable-sized Eagle Lake rainbow trout,” Game and Fish said on Monday. Ranchester Pond and Sam Mavrakis Pond each received 385 trout and the Sheridan Fairgrounds Pond was stocked with 110. […]
TipRanks rates Gerard Cassidy of RBC as the most accurate analyst on Wall Street today. Cassidy covers the 20 largest US banks and discussed his top picks in the sector. He also explained why many investors aren’t optimistic enough about banks in this economic cycle. See more stories on Insider’s business page. It’s been a […]
NEW YORK CITY, New York: Among the casualties of the Covid pandemic is a 26-story Manhattan hotel, whose modular rooms sit unassembled at a New York port. Arriving at a dock in Brooklyn, original plans called for the modular construction to be completed by the end of 2020. But Covid-19 caused construction to stop and […]
Since 2009, the stock market has been in the longest bull market in history. This has many people waiting on the edge of their seats for the other shoe to drop. If you’re finding yourself in this exact same position and panicked about your investments, you are not alone. But you shouldn’t be concerned about […]
The global sting operation billed as “Trojan Shield” that led to the arrests of hundreds of criminals this week began with the takedown of an encrypted device maker catering to drug traffickers around the world. In 2018, the FBI dismantled Canada-based Phantom Secure, forcing its customers – at the time estimated at more than 10,000 […]