Coursera files for IPO amid online learning boom

The Covid-19 pandemic led to a boom in online learning that has increased the revenue of education technology company Coursera. Coursera Education tech company Coursera filed its IPO prospectus with the Securities and Exchange Commission on Friday, and plans to list on the New York Stock Exchange under the symbol “COUR.” The Mountain View, California-based … Read more

Reign of high oil prices is here to stay, say analysts

India is likely to go ahead with an oil tax cut to soften retail prices, said Bank of America Securities. Synopsis International crude oil prices have surged to their highest levels in 13 months recently, led by a strong demand outlook due to recovery in global economies as well as supply disruptions in the Middle … Read more

These energy stocks loved by hedge funds are trouncing the market

A general view of Gunvor Petroleum or Rozenburg refinery in Rotterdam, Netherlands. Europe’s largest port covers 105 square kilometers (41 square miles) and stretches over a distance of 40 kilometers (25 miles). Dean Mouhtaropoulos | Getty Images News | Getty Images The energy sector has been the biggest winner this year by far amid an … Read more

Think you can beat the indexes? Morgan Stanley has some tips for ‘stockpickers’

Michael Nagle/Bloomberg via Getty Images The time could be now for active stock pickers, according to Morgan Stanley. And its analysis has identified shares that may have upside.  Active stock pickers try to do better than an index, buying and selling shares based on whether they think individual prices will go up or down, in … Read more

$47 billion swept into ‘ESG’ stocks last year — and here are Wall Street’s favorites

A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Analysts at Wall Street’s biggest banks have listed their top stocks for environmental, social and governance (ESG) factors in a sector that has soared in popularity … Read more

Bitcoin extends its rally to an all-time high close to $50,000

By Joanna Ossinger and Eric Lam Bitcoin reached another record, coming ever closer to $50,000, as the world’s largest cryptocurrency extends its breathtaking rally. The token climbed as much as 3.6 per cent to $49,913 in Asian trading Tuesday, according to a composite of prices compiled by Bloomberg. Bitcoin’s volatile, fivefold advance over the past … Read more

Morgan Stanley may bet on Bitcoin in $150-billion investment arm

A $150-billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets. Counterpoint Global, a unit of Morgan Stanley Investment Management that’s racked up wins in mutual-fund rankings, is exploring whether the cryptocurrency would be a suitable option for its investors, according to … Read more

Amazon and Google reaped big rewards from a rebound in Q4 ad spend

Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Amazon and Alphabet’s Google, which posted fourth quarter earnings Tuesday, saw the benefits of a rebound in advertising following a pandemic dip in 2020.  Amazon shares were down slightly at market open after it reported its first $100 billion … Read more

Cut through the GameStop mayhem with these ‘sweet spot’ stocks, Morgan Stanley says

A view of the Morgan Stanley offices in Canary Wharf, London, U.K. iStock Editorial | Getty Images Market volatility due to a number of short squeezes in recent days is just “noise,” according to Morgan Stanley analysts, who listed some stock picks that are now in “something of a sweet spot.” Shares of retailer GameStop … Read more