stock market

Two Weeks in an Oligarchy

Two Weeks in an Oligarchy

Two Sundays ago, New York City Mayor Bill de Blasio, devoted YMCA member and erstwhile presidential hopeful, reluctantly closed the city’s public schools after pleas from multiple city officials and
The coronavirus bear market is over already? Not so fast

The coronavirus bear market is over already? Not so fast

A new bull market technically started on Thursday. But this week's stock-index bounces will have to endure a lot longer to qualify for true bull status.

Stocks fall sharply Friday morning as the mid-week recovery falls short

The major American stock market indices are down sharply this morning at the open, with stocks falling after a multi-day rally helped shave some losses off their calendar-year results. So far, 2020

These traders are making the most of the wild swings in the stock market

Barclays booked a $250 million trading profit in a day—but the environment for traders to make money is in flux.

A Warning From the Great Depression

This post A Warning From the Great Depression appeared first on Daily Reckoning. Destroying food while millions starved, in the name of progress… A Warning From the Great Depression The post A Warning

Stocks shoot upward as ‘Phase Three’ stimulus passes Senate and unemployment skyrockets

Stocks soared on Thursday even as the U.S. reported its worst unemployment numbers in 50 years of tracking data. The pain felt on Main Street was offset for investors by the federal government opening

This hedge fund manager is up 27% in a market down 30%

How Roy Niederhoffer beat the market—and why he isn’t betting on a V-shaped recovery.

This hedge fund manager is up 27% in a market down 30%

How Roy Niederhoffer beat the market—and why he isn’t betting on a V-shaped recovery.

‘ZOOM’ stock halted after investors confuse it with Zoom Video stock

Investors bullish on the Zoom videoconferencing company used by remote workers may have been buying the wrong stock.

Markets rally for a second day, pushing Apple’s market cap back above $1 trillion

After weeks of steep selloffs, investors cheered another day of gains.

Markets rally for a second day, pushing Apple’s market cap back above $1 trillion

After weeks of steep selloffs, investors cheered another day of gains.
Give Me Capitalism or Give Me Death

Give Me Capitalism or Give Me Death

I don’t remember doing it, but at some point in the last week I must have turned on my Apple News alerts. “The Dow fell more than 900 points on Friday,” one read. Then another: “Who will be saved, and
Financial markets may be sliding globally, but interest in stock trading apps soars

Financial markets may be sliding globally, but interest in stock trading apps soars

The stock markets are having a very rough month, but interest in stock trading apps is skyrocketing, according to data from industry trackers and companies themselves. Across the board — from
When This Is Over

When This Is Over

Even though our old lives—filled with friends and social gatherings and face-touching—feel very near, the essential shape of them is being irreparably changed.

‘Making progress is good news’: Dow surges 10% to its best day since 1933

The huge gains on Wall Street followed a worldwide rally as a wave of buying interrupted what has been a brutal month of nearly nonstop selling.

Stocks blast higher on expectation of sweeping federal action

There are no free market fanatics on corporate boards the moment the economy wobbles. Today makes the point, with stocks shooting higher on the back of news that a sweeping federal package of aid and
WSJ: Jeff Bezos Sold $3.4 Billion in Amazon Stock as Coronavirus Hit USA

WSJ: Jeff Bezos Sold $3.4 Billion in Amazon Stock as Coronavirus Hit USA

A recent analysis by the Wall Street Journal shows that top executives in the United States sold a total of roughly $9.2 billion worth of stock between the start of February and the end of last week,

Some weirdo Republicans are boldly claiming they’d die for the economy

Would you die for the Dow? The post Some weirdo Republicans are boldly claiming they’d die for the economy appeared first on The Daily Dot.

Startup valuations drop as exits are delayed and the stock market reprices tech

The public markets are in turmoil as the economic impact of COVID-19 comes into focus; however, it is less clear what the impact of the changing value of public companies today will have on the
Trump Itchy to Reopen America Because His Businesses Are Suffering

Trump Itchy to Reopen America Because His Businesses Are Suffering

Since taking office, Trump has judged his success as president on the stock market. Before the coronavirus, Trump often pointed to Obama’s accomplishments in improving the economy as his own. He took