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Stocks bounced again last week, but two potential risks may challenge investors. The S&P 500 rose 1.6 percent between Friday, October 15, and Friday, October 22. It was the third straight weekly gain following a sharp drop earlier in the month. The rebound brought...
One week ago, Ethereum implemented an upgrade to control fees and limit supply. It's already having an effect. About 3 Ethereum are getting "burned" each minute, according to Etherchain.org. That's more than 33,000 coins, or about $100 million. A separate analysis by...
Major technology stocks like Amazon.com got a huge boost from last year's pandemic. Now investors are starting to worry their best growth is in the rearview mirror. Amazon.com's (AMZN) second-quarter revenue was just $113.1 billion, $2 billion less than analyst...
Major technology stocks delivered strong results again. This week, Alphabet, PayPal and eBay stood out the most. Alphabet (GOOGL) made the biggest splash, spiking more than 12 percent to new record highs. The search giant benefited from a stay-at-home boom in online...
2020 was one of the most dramatic years in the history of investing as the coronavirus pandemic accelerated key trends in the stock market. 2020's Top Performers in S&P 500Tesla (TSLA)+743%Etsy (ETSY)+302%Nvidia (NVDA)+122%PayPal (PYPL)+116%L Brands (LB)+105% The...
Jamie Dimon has been a major player at the Federal Reserve and run two of the country's biggest banks. Now he's the latest to jump on the cryptocurrency bandwagon. CNBC reported this morning that Dimon's bank, JPMorgan Chase (JPM), has started using its digital...
Summary Paypal (PYPL) to begin offering crypto payment service.Bitcoin (BTC) rose more than 10% to new 52-week highs. Late last week, crypto-asset exchange OKEx suddenly suspended cryptocurrency withdrawals without much explanation. Later, reports surfaced that the...
The most important week of earnings season is over, with giant technology stocks like Apple and Amazon.com more than satisfying Wall Street's lofty expectations. Both companies shot past expectations thanks to strong demand and shining execution of their business...
Stocks had a dramatic and fast pullback this week. Here's an example of ways to find pullbacks when something like this happens. The screenshot below shows members of the Nasdaq-100 that pulled back to test their 20-day moving averages on Tuesday. This can be a simple...