A host of similarities between tech stocks now and previous bubbles suggest the Magnificent Seven is nearing — but not yet at — levels that may lead it to pop, according to Bank of America Corp. strategists. They cite a handful of indicators, such as bond yields, valuations and price action, that suggest there are … Read more
Helen Sloan/Netflix October was made for Halloween, and Netflix is getting in the spirit with “The School for Good and Evil,” starring Kerry Washington as Professor Dovey and Charlize Theron as Lady Lesso. The story centers around a pair of best friends, Sophie and Agatha, who find themselves on opposing sides of a modern fairy … Read more
By Joanna Ossinger and Vildana Hajric Bitcoin surged close to $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry. A job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” stirred questions among analysts over … Read more