Shares of embattled Eastman Kodak surged on Tuesday after hedge fund D.E. Shaw announced a more than 5% stake in the company.
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Stocks making the biggest moves in the premarket: Zoom Video, Walmart, Tesla, Ford & more
The stocks making the biggest moves in premarket trading include Zoom Video, Walmart, Tesla, Ford, and more.
Market bulls and bears are having trouble as ‚unlimited‘ Fed support short circuits models
Investors — even market bulls — who are trying to figure out what will break the market’s momentum are just about at a loss for arguments.
The Fed could be locked into zero rates for five years, or even longer
Wall Street is prepping for a return to the post-Great Recession days, when rock-bottom rates prevailed for seven years before the Fed even tried moving them higher.
Start-up factory Rocket Internet to delist, six years after going public
Rocket Internet said it was „better positioned as a company not listed on a stock exchange“ as this would allow it to focus on long-term bets.
Zoom shares soar after revenue more than quadruples from last year
Zoom continues to benefit from the coronavirus pandemic after going public last year, and expectations are now higher for the remainder of the fiscal year.
ForexLive European FX news wrap: Dollar keeps softer, stocks buoyed
Forex news from the European trading session – 1 September 2020
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities higher; E-minis up ~0.3%
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities higher; E-minis up ~0.3%
Dollar stays on the back foot, stocks keep higher on the session
The dollar fails to catch a break so far in European morning trade
But the pace of the decline in the greenback isn’t really extending all too much outside of cable, which is continuing to push towards the 1.3500 handle.
But the pace of the decline in the greenback isn’t really extending all too much outside of cable, which is continuing to push towards the 1.3500 handle.
China halts barley imports from Australian firm CBH Grain
The spat between the two countries continues to brew
Again, this just adds to the ongoing economic impact that is slowly being heaped on by China towards Australia and isn’t a positive development for the aussie.
Again, this just adds to the ongoing economic impact that is slowly being heaped on by China towards Australia and isn’t a positive development for the aussie.
German government revises 2020 GDP forecast to -5.8% from -6.3% previously
German economy minister, Peter Altmaier, says that the economy is in an ‚unexpectedly fast‘ V-shaped recovery
– 2020 GDP forecast revised to -5.8%; previously -6.3%
This confirms the reports from earlier today but Altmaier is offering relatively upbeat remarks surrounding the economic situation in general.
– 2020 GDP forecast revised to -5.8%; previously -6.3%
This confirms the reports from earlier today but Altmaier is offering relatively upbeat remarks surrounding the economic situation in general.