The Dow Jones now is on the rise after President Donald Trump announced the U.S.
would purchase 100 million doses of a COVID-19 vaccine from Moderna Inc.
(NASDAQ: MRNA).
Investors are paying close attention to Wall Street’s reaction to Democratic Presidential Nominee Joe Biden’s decision to select Sen.
Kamala Harris (D-California) as his VP candidate on the party ticket.
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The Dow Jones now could pop after Big Tech companies crushed earnings expectations Thursday.
The NASDAQ is now on the verge of hitting an all-time high of 11,000.
Read for more on the tech industry and the latest on the spread of COVID-19...
by Alex Kagin
Can you imagine life without search?
Before the internet you had to go to an encyclopedia, visit a library, or phone a friend and not even be sure if you got the right answer.
Nothing was instantaneous.
The ability to give people the exact info they're looking for on command is why Google's parent company Alphabet Inc. (NASDAQ: GOOGL) has turned into a $1 trillion mammoth.
While Google has been a monster success, another company is staking its claim to the future of search.
The Dow Jones now is flat approaching the Federal Reserve's latest meeting on interest rates.
The central bank is not expected to lower rates.
Investors are also paying close attention to a busy day of earnings reports.
More on everything moving the Dow today, below.
The Dow Jones now could pop in anticipation of a busy week of earnings.
Blue Chip leaders like McDonald's (NYSE: MCD), Alphabet (NASDAQ: GOOGL), Apple (NASDAQ: AAPL) and AMD (NYSE: AMD) are set to report.
Investors are also eyeing the economic relief plan for the U.S. economy.
Here's everything moving the Dow today...
Congress is debating another round of stimulus payments to keep the economy afloat as the COVID-19 pandemic continues to spread across the United States.
And just like the last stimulus bill passed in March, this is going to be another excellent opportunity for investors who know where to look.
Stocks are up nearly 25% since the last stimulus bill passed on March 27, and up 44% if you count the week leading up to its passage.
by Tom Gentile
Netflix, Amazon, Facebook, Google – they're most people's go-to stocks right now. They're the biggest in the world. And they have one major thing in common…
They're expensive.
GOOGL is currently trading around $1,500 per share, and AMZN is sitting at $3,100.
For most traders, it's just not worth it to buy shares for more than $1,000 each just to see gains of 10%, 15%, or 20%.
That's why I like to make money on these highfliers with a different tactic. It's one that costs only pennies on the dollar, and it comes with a chance to double my money. That's right – the payout is much bigger, and it arrives much faster.
See, instead of buying these stocks, I rent them. And today, I'm going to show you how to do just that with one of the crown jewels of the car industry – and by crown jewel, I mean a serious profit player.
I'm talking about Tesla. TSLA shot up 42% in the past two weeks alone, to around $1,400 a share. And with these four strategies for playing this lucrative stock, you'll get the chance to pocket some of that serious profit… Full Story
Social media giant Facebook Inc. is in hot water again.
This time, people are angry at the company's apparent refusal to take down hate speech, calls for violence, and other distasteful content from the network.
So far, more than 160 companies have signed up for the "Stop Hate for Profit" campaign, pledging to "pause" advertising on Facebook.
We're talking about big names like Ben & Jerry's, Coca-Cola, Hershey's, Honda, Levi Strauss, Starbucks, The North Face, Unilever, Verizon, and many more. All of these companies will not be buying Facebook ads in July, and some are going even further.
Since almost all of Facebook's $70 billion in revenue comes from advertising, this is hitting CEO and founder Mark Zuckerberg right where it hurts.
Or at least, that's what we're being told.
As the advertising boycott really took off last Friday, Facebook stock dropped 8.32%. Zuckerberg himself lost about $7 billion in wealth because of it. Stock markets as a whole went down partly because of this.
But don't believe the hype. Facebook will not only survive this scandal; it will grow even bigger.
In fact, this is a great opportunity to buy the dip. Here's why… Full Story
In fact, this is a great opportunity to buy the dip. Here's why...
Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix Inc. (NASDAQ: NFLX), and Alphabet Inc. (NASDSAQ: GOOGL) all traded higher today.
And they carried the Nasdaq Composite to its sixth consecutive positive trading day – its longest winning streak this year.
The S&P 500 started the day down about 0.75%, but was able to close about even thanks to tech.
by Mike Stenger
Allied Market Research expects the 5G technology sector to explode from $5.53 billion today to $667.90 billion in 2026.
An 11,977% projection.
Today, we're going to show you a 5G stock with a hand in every part of that growth.
That 122% compound annual growth rate (CAGR) for the industry is easy dismiss at first.
The average S&P 500 CAGR is 7.20%.
I'll be the first to admit that it sounds crazy.
But when you think about it, almost every technological advancement on the horizon either depends on 5G, or it's preparing for it.
5G is a landmark in human history.
