When the Bank of Japan (BOJ) announced a policy of negative interest rates in 2016 by charging interest on reserve deposits, yields on Japanese government debt fell precipitously. The yield on 10-year Japanese government bonds fell to a record negative 0.135%, below the BOJ’s negative 0.1% reserve deposit rate. With the BOJ purchasing government bonds at an unprecedented annual rate
Month: September 2021
Nvidia (NASDAQ:NVDA) stoc has pulled back from the all-time highs after a red-hot run post-earnings. Source: Sundry Photography / Shutterstock.com NVDA stock traded just past the $230 level before ultimately losing momentum. Certainly, some of the rally was warranted given the earnings beat and dovish Fed speak from Jackson Hole. The relentless rally has now
In this article XOM A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The hedge
Traders on the floor of the New York Stock Exchange, June 18, 2021. Source: NYSE After a weak jobs report, strategists say investor focus may stay on strong profit growth rather than other potential negatives. Stocks were mixed in the past week, ahead of the long Labor Day weekend, with the Nasdaq outperforming, the S&P
A leader in the online sports gambling industry, DraftKings (NASDAQ:DKNG) is expanding its presence across the States and is expected to benefit from the upcoming football season. The company is making well-timed moves to build new offerings and achieve growth. It has successfully partnered with some of the top sports companies to offer a unique experience
Have you seen gene editing and sequencing stocks recently? Source: Connect world / Shutterstock.com Illumina (NASDAQ:ILMN) is up 20% over the past three months. Beam Therapeutics (NASDAQ:BEAM) is up 45%. Editas Medicine (NASDAQ:EDIT) is up 90%. Intellia Therapeutics (NASDAQ:NTLA) is up 150%. Folks, the Genomic Revolution is here. And while everyone can see those big
Since before Robinhood (NASDAQ:HOOD) stock went public a month ago, the phrase “Robinhood stock” has been part of the vocabulary. Source: dennizn / Shutterstock.com These are stocks beloved of small investors, who often trade on Robinhood’s app and exchange views on Reddit’s r/Wallstreetbets. But after looking at its June quarter earnings report and what has
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In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubling ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
Exterior view of the New York Stock Exchange and Wall Street on June 2, 2021. Kena Betancur | VIEW press | Corbis News | Getty Images The IPO pipeline this fall is filling up quickly. The IPO market has already had its busiest year since the internet bubble in 2000, and the fall will likely
Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix
Timing a market bottom is a notoriously difficult thing to do. So, I won’t claim that now is the definitive time to invest in Alibaba (NYSE:BABA) stock. Source: Kevin Chen Photography / Shutterstock.com However, pundits have to admit that the case for maximizing returns by buying low looks very near. The truth is that Alibaba
It’s been a little more than three weeks since Zomedica (NYSEAMERICAN:ZOM) reported its Q2 results. Despite reasonably healthy sales, ZOM stock gained just 14% from Aug. 11 through the end of the month. Source: Postmodern Studio / Shutterstock.com Another InvestorPlace columnist, Ian Bezek, recently argued that Zomedica needs to raise its revenues considerably before investors
Tesla, Inc., formerly known as Tesla Motors, has grown since its IPO a decade ago into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, it has expanded into energy generation and storage systems. Tesla joined the S&P
Short squeeze stocks are no new phenomenon. But so far this year, thanks to the potent combination of meme stocks and Reddit trading? It’s been an easy way for retail investors to make fast trading profits. Between AMC Entertainment (NYSE:AMC), Clover Health (NASDAQ:CLOV), GameStop (NYSE:GME) and many others, quick to the punch Main Street traders
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta
After Digital Turbine (NASDAQ:APPS) posted its fiscal first-quarter results, investors appeared to be disappointed by its earnings. APPS stock fell after the earnings report, despite providing good fiscal Q2 guidance. Indeed, the mobile advertising platform firm has multiple catalysts ahead that will sustain the company’s growth. Source: Apple.com The Street is shortsighted as usual and
Sideways oil prices may limit its ability to gain in the near term. But if you’re thinking of buying Exxon Mobil (NYSE:XOM) stock for its high yield, there’s little reason to worry. Source: Harry Green / Shutterstock.com With 2020’s troubles behind it, the integrated oil and gas giant is no longer at risk of cutting
Online personal finance company SoFi Technologies (NASDAQ:SOFI) is one of the most relevant offerings in the market today. As data from the U.S. Census Bureau confirms, the portion of retail transactions conducted via e-commerce channels has exploded. It only makes sense for financial requests to shift online too, bolstering the already-promising case for SOFI stock.
Jumia Technologies AG (NYSE:JMIA) stock’s movement earlier in 2021 can be described in just three words. Pump and dump. Source: Christopher Penler / Shutterstock.com Sounds familiar? It should. If not, here’s a quick reminder. Wikipedia mentions that it “involves artificially inflating the price of an owned stock through false and misleading positive statements, to sell