Euro Stays Strong after Volatility in Thin Holiday Markets
There was some volatility seen yesterday in the forex markets. But as dusts settled, Euro is staying as the strongest one for the week, followed by New Zealand Dollar and Sterling. On the other hand, Yen and Dollar are trading...
Tesla shares fall after Moody’s downgrades credit rating
Moody’s downgraded Tesla’s credit ratings Tuesday and changed its outlook to negative from stable, citing “significant shortfall” in the Model 3 production rate and a tight financial situation. The credit ratings agency also said the electric car maker will likely...
Moody’s downgrades Tesla credit rating on Model 3 production delays
Moody’s downgraded Tesla’s credit ratings Tuesday and changed its outlook to negative from stable, citing “significant shortfall” in the Model 3 production rate and a tight financial situation. The credit ratings agency also said the electric car maker will likely...
Longfin loses more than a third of its value after the controversial cryptocurrency stock is booted from the Russell 2000 index
Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes. Longfin (Ticker: LFIN) closed 41.5 percent lower Tuesday at $34.68 a share....
Longfin loses a third of its value after the controversial cryptocurrency stock is booted from the Russell 2000
Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes. Longfin (Ticker: LFIN) traded 37 percent lower Tuesday near $37.31 as of...
Goldman’s debt to Solomon helps him get the top job
By now it is received wisdom that David Solomon’s apparent victory at Goldman Sachs over rival co-president Harvey Schwartz is a reflection of where the emphasis of that firm is heading – namely, towards investment banking and away from the...
Shares of retailer-turned-cryptocurrency play Overstock.com crater on share offering
Shares of Overstock.com fell more than 10 percent Tuesday after the company announced its intention to offer 4 million shares of new stock. The e-commerce company said after the markets closed Monday it would issue the new common stock in...
Dollar Rebounds as Quarter End Position Squaring Starts, Stocks Lifted by Receding Trade War Fear
After being pressured initially, Dollar staged a strong come back European session. The greenback is now trading as the strongest one for day, followed by Canadian Dollar and then Yen. On the other hand, Sterling and Euro are suffering broad...
Macau turns to a hub
By Noah Sin Although the sovereignty of Macau was handed to China in 1999, the former colony still bears the signs of four centuries of Portuguese rule. From the bilingual street signs to Macanese cuisine, much of the city is...
Bank of America cuts Facebook stock forecast for second time in 5 days, this time for FTC data probe
For the second time in five days, Bank of America Merrill Lynch reduced its price forecast on Facebook shares as the fallout from the data scandal worsens. The bank slashed its original forecast on Thursday. On Monday, the Federal Trade...
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Trading education
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