The U.S. economy is bigger than it was pre-pandemic, but Covid could still decide what happens next

A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected. … Read more

Stocks making the biggest moves premarket: Comcast, Merck, Temper Sealy, Yum and others

Names on the move ahead of the open. Source link

Barclays picks the global energy stocks that investors should buy ‘today’

Two workers stand before the backdrop of an oil pump, while silhouetted against the sunset. David Jones | Getty Images Barclays analysts have picked European energy stocks they believe are set to benefit from an “accelerated plan” to reduce carbon emissions in the region, and said investors can realize their investment potential “today.” Source link

Institutional investors are bullish on bitcoin again, based on this key data point

The bitcoin community appears to have resolved the in fighting over the future of the cryptocurrency. Vyacheslav Prokofyev | TASS | Getty Images About $2.5 billion in bitcoin moved off crypto exchanges Wednesday morning, a signal that institutional investors are getting off the sidelines after a bearish few weeks for the cryptocurrency. The balance of bitcoin … Read more

Top apparel stocks including Nike and Lululemon are ready to climb, Cowen says

A man walks past the Nike logo seen in a window of a brand store in Kiev. Pavlo Gonchar | LightRocket | Getty Images Some of the top names in the apparel space could be poised for big jumps as the impact of growing digital sales comes into focus, according to investment firm Cowen. Source … Read more

Barclays beats profit estimates and ups shareholder payments as equities, investment banking surge

Barclays and HSBC buildings are seen amid the outbreak of the coronavirus disease (COVID-19), in London, Britain October 20, 2020. Matthew Childs | Reuters LONDON — Barclays beat second-quarter profit expectations on Wednesday and boosted returns to shareholders, with its investment banking and equities businesses posting record incomes. The British lender posted a quarterly attributable … Read more

Asia-Pacific stocks slip; investors continue monitoring Chinese stocks

SINGAPORE — Shares in Asia-Pacific fell in Wednesday morning trade, after the major indexes on Wall Street slipped overnight from their respective records touched in the previous session. In Japan, the Nikkei 225 declined 0.82% in early trade while the Topix index slipped 0.48%. South Korea’s Kospi shed 0.13%. The S&P/ASX 200 in Australia dipped … Read more

Stocks making the biggest moves after hours: Alphabet, Microsoft, Apple and more

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines Tuesday after the bell:  Alphabet — Google-parent Alphabet saw its shares jump about 3% after a blowout quarterly earnings report. The technology giant reported earnings of $27.26 per share, … Read more

Bank of America names Zoom Video a top pick, says Five9 deal is a ‘game-changer’

Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom Video‘s first big acquisition will help it remain a major player in enterprise software in the years ahead, according to Bank of America. Source link

Bitcoin tops $39,000 for the first time in nearly 6 weeks, adding $114 billion to the crypto market

An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images Bitcoin surged Sunday evening topping $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,059.84 at 11:05 p.m. ET, according to CoinDesk data, up … Read more