
Macy’s Stock Down 1% as Firm Reports 20% Drop in Same-Store Sales
At the time of writing, Macy’s (M) stock is trading at $8.90 which means that it is 1.06% down.
At the time of writing, Macy’s (M) stock is trading at $8.90 which means that it is 1.06% down.
The S&P 500 index has been on the positive side for the better part of the pandemic. The index has gained 10.04% YtD.
UBS highlighted four sectors including the 5G Network technology, blockchain and digital payment technology, healthcare and green energy industry.
The positive COVID-19 updates from Pfizer-BioNTech, Moderna, and AstraZeneca-Oxford give hope that the end is near for the COVID-19 pandemic that continues to plague our world for almost a year by now.
The move by Affirm to debut on the stock exchange through its recently announced IPO comes as one of the many public listings recorded in 2020.
According to the CEO of the company, Ham Serunjogi, Chipper Cash has partnered DriveWealth, a US-based services company to provide access to its users starting from those based in Nigeria to purchase U.S stocks.
Zoom shareholders anticipate experiencing a new bull wave after the shares complete the current retracement.
For the past three months, Nvidia reported revenue of $4.73 billion against $4.41 billion expected by analysts.
On November 18, Apple announced a reduction of its App Store commission rate from 30% to 15% for developers who generate an annual revenue of less than $1 million.
Nio reported an adjusted net loss of $146.7 million, in the past three months, with total revenues surging 146.4.% year-over-year to $666.6 million.
Pliego clarified that his investment is worth $13.8 billion. Gauging from his investment projections, he is holding Bitcoin valued at almost $1 billion.
As CureVac prepares to push its COVID-19 vaccine candidate in the final stage of trials, it is also working on a pan-EU network to manufacture millions of the vaccine doses.
Elon Musk has benefited a lot from the inclusion of Tesla into the S&P 500 index with a positive response from the public.
Moreover, through Berkshire Hathaway Warren Buffett has made a number of other investments in several industries this year besides the pharmaceutical stocks.
With a tough year for business, Airbnb makes an ambitious move of public listing as the company is working on restructuring its business model and streamline operations.