GameStop Shares Coast to New ATH as Stock Bulls Outnumber Short-Sellers
The over 642% surge in the shares of GameStop since January 12 has come as a shock to many Wall Street veterans.
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Microsoft Strong Ad Revenue Drives Optimism Among Alphabet & Facebook Investors
The strong advertising revenue comes from Microsoft’s LinkedIn social network. This also indicates a strong uptick in advertisers’ activity leaving the pandemic woes behind.
MRNA Stock Shoots 12% on Monday as Moderna Says Its Vaccine Will Work on New COVID Strains
Moderna’s top-executives have assured that the vaccine would be effective to a certain degree on the new mutations. However, they are willing to see more results under different conditions. Moderna has received a positive review from field experts as well!
S&P 500 Recovers Mid-Day Losses to End Monday in Green, AAPL Stock Pushes Nasdaq Higher
Wall Street investors are optimistic about the results that big tech companies will announce ahead this week. Since all indices are currently at their all-time highs, investors are maintaining caution.
Ethereum (ETH) Breaks Its All-Time High Price Record Above $1,450
Though Ethereum alone bears the glory with this current milestone, many factors work synergistically to help the coin attain the record ATH.
Vaccine Rollout Influences Investment Decisions as Pfizer and BioNTech Agree to Supply COVAX Program Co-led by WHO
Pfizer and BioNTech will supply a COVAX program to accelerate vaccine distribution in lower-income countries.
Nasdaq Composite Hits New Record High as Tech Stocks Lead Rally
Wall Street remains optimistic about the earnings reports of top tech companies coming next week. While tech leads Nasdaq, the market maintains caution on the hope of approval of the next stimulus bill. Unemployment insurance claims drop for the week ending January 16.
Massive Bitcoin (BTC) Dump Leads to Overall Crypto Market Correction, $100 Billion Eroded
Bitcoin (BTC) tanked more than 10% in one of the sharpest drops so far in 2021. The world’s largest cryptocurrency has shaken the market sentiment following which the overall crypto market lost 10% valuations.
NFLX Stock Jumps 17% after Netflix Reports Better Than Anticipated Q4 Results
Netflix recorded revenue of $6.64 billion in the past three months versus Wall Street estimates of $6.63 billion and Netflix’s forecast of $6.57 billion.
US Stocks See Remarkable Jump as President Joe Biden Takes Office
With Joe Biden at the helm of affairs now, the expectations that the market will see an improved boost is high.
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