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Day: July 2, 2021

Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and more

Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 4% after announcing founder Sir Richard Branson will be aboard its next spaceflight test. The stock jumped as much as 25% shortly after the open before …

Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and moreRead More

Fed Chair Powell met with Coinbase CEO Brian Armstrong in May

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Federal Reserve Chairman Jerome Powell met in May with Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, central bank records show. The gathering happened May 11 and was one …

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Biden on June jobs report: ‘Our economy is on the move, and we have Covid-19 on the run’

U.S. President Joe Biden delivers remarks on the June jobs report in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, July 2, 2021. Kevin Lamarque | Reuters WASHINGTON — President Joe Biden responded to the June jobs numbers on Friday, saying the strong growth in employment reflects the success …

Biden on June jobs report: ‘Our economy is on the move, and we have Covid-19 on the run’Read More

Weekly Focus – Signs of Global Peak in Manufacturing?

Risk sentiment was generally positive this week, as inflation fears continue to fade although the spread of the delta variant of Covid-19 has increased worries of new outbreaks. The reflation trade continued to lose steam, as tech stocks lead the gains in equities while broad USD appreciated. In line with our view, early signs of …

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