Alice Amendola / AP The Goodyear Tire & Rubber Company dropped as low as 6% on Wednesday when President Donald Trump asked his 85 million Twitter followers to boycott Goodyear Tire. Trump …
Read More »Saudi Arabia’s $ 300 billion sovereign wealth fund has sold its 50% stake in Warren Buffett’s Berkshire Hathaway
Reuters / Rick Wilking Saudi Arabia’s $ 300 billion sovereign wealth fund halved its position in Warren Buffett’s Berkshire Hathaway in the second quarter this year, an SEC filing last Friday. The …
Read More »US and China delay review of their phase one trade deal so Beijing has time to ‘buy more goods’ from US
The washington post The report said that the US and China have postponed the review of their phase one trade deal starting on Saturday. Sources familiar with the plans told the news …
Read More »Saudi Arabia’s $ 300 billion funding fund sunk Facebook, Disney and Boeing shares, and invested billions in ETFs in second quarter
YURI KADOBNOV / Getty Saudi Arabia’s Sovereign Wealth Fund, the largest in the world, bought and sold it in the second quarter in an SEC filing. State-backed Public Investment Funds exited its …
Read More »Stock Market Today: Dow, S&P live update for August 17, 2020
Photographer: Andrew Harrer / Bloomberg Photographer: Andrew Harrer / Bloomberg Stocks in China climbed after cash injection by central bank Expectations of more supportive monetary policy, mixed with equities trading elsewhere as …
Read More »The chief strategist of Wall Street says consider buying cheap ‘powerful microcap’ shares of clay, which are better than their large-cap peers after the coronovirus crash.
Michael Nagle / Xinhua / Getty Images MicroCap shares are also performing as well as some investors’ favorite picks, but at an all-time low valuation, The Louthound Group’s chief investment strategist, James …
Read More »Stocks ignore Stimulus rift, sowing concerns on Wall Street
Photographer: Bloomberg Daybreak / Bloomberg Photographer: Bloomberg Daybreak / Bloomberg The run-up in US stocks toward their highest level on record in a week is a discrepancy given the political breakdown over …
Read More »Day traders in Brazil study may have done better with 9-to-5 jobs
Photographer: Stuart Westmoreland / Corbis Documentary via RF Getty Image Photographer: Stuart Westmoreland / Corbis Documentary via RF Getty Image Thinking of packing all this from a commission free brokerage account to …
Read More »Momentum Feeling High-Priced S&P 500 on the verge of making history
Photographer: Griselda San Martin / Bloomberg Photographer: Griselda San Martin / Bloomberg The already closed S&P 500 stumbles upon history’s door, its momentum halting at an all-time high. As it is slowing …
Read More »European stocks have plummeted after six more UK countries were included in their COVID-19 travel quarantine list
Matthew Horwood / Getty European shares fell on Friday as the UK added six more countries to its 14-day COVID-19 quarantine list. The UK’s benchmark FTSE 100 fell 1.9% and the Euro …
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