Investing in Various Purpose ETFs Gains Popularity and Momentum
Investors piled a record $900 billion into ETFs this year — nearly double what they invested in all of 2020. Why is this happening?
Some Prominent Analysts Reiterate that Healthcare Sector is “The Place to Be”
On CNBC's "Options Action: The Final Call," Carter Braxton Worth said healthcare is “the place to be” and named Health Care Select Sector SPDR Fund.
Inflation Continues to Beat Forecast in Great Britain, but BoE Has Hundred Reasons Not to Hike Immediately
According to the British ONS, UK inflation hit a decade high of 5.1% in November.
Big Companies’ CEOs Spotted Selling Their Shares Before Net Investment Income Tax Rules Come into Effect
Top executives and the company leaders like the Waltons, Mark Zuckerberg, and Google’s co-founders have sold $63.5 billion worth of stakes in their companies through November, up 50% from 2020.
Elon Musk Sees Problem Not in Too Many Teslas, but in Too Few Buyers
Tesla and SpaceX CEO Elon Musk wants people to have more babies. “There are not enough people,” Musk told a Wall Street Journal event this week.
Coupa Software Earnings Confirm Fundamental Attractiveness of Cloud Platforms
Coupa Software (NASDAQ:COUP) reported its Q3 earnings results on Monday, December 6, 2021.
Black Friday’s and Cyber Monday’s Combined Retail Sales Didn’t Live Up to Investors’ Expectations
U.S. Cyber Monday sales were flat, as online retailers offered fewer discounts because of limited inventory and more shoppers returned to stores for purchases.
Indian Economy Sees New Crucial Threats from Omicron Variant
UBS said “New flare-ups of Covid infections [both ongoing and yet coming] in India, and particularly the emergence of new Covid strains against which currently available vaccinations provide little or no protection are probably the biggest downside risk,”.
U.S. Foreign Trade Deficit Trimmed in October but Remains Historically Elevated
According to the U.S. Department of Commerce, in seasonally adjusted terms, the U.S. foreign trade deficit slowed down to a monthly pace of 14.6% to reach a still-alarming $82.9 billion.
China Becomes Concerned about “Quasi-Stagflation” as Developers Face Mounting Troubles
According to Bloomberg, Liu Shijin, an adviser to the People’s Bank of China, the country’s economy may face a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation.
Largest U.S. Department Stores Upbeat on Upcoming Holiday Shopping Season
Macy's (M) stocks rallied after reporting comparable sales increased 37.2% on a comparable basis in Q3 and were up 35.6% on an owned-plus-licensed basis during the quarter.
J&J’s Company Split Action May Trigger Series of Biochemical and Pharma Corporate Restructurings
Johnson & Johnson (JNJ) is the latest big, diversified company to announce it is breaking into smaller parts.
Musk’s Twitter Poll on Selling His Tesla Shares Turned Out to Be a Prank
Tesla CEO Elon Musk sold $1.1 billion worth of company stock for tax reasons on Monday, according to financial filings.
Food Prices Keep Rising Globally
The United Nations unveiled that global food prices have surged to the highest level in more than a decade, driven by robust demand, supply bottlenecks and lackluster harvests.