Month: December 2020

Changes in interest rates can have both positive and negative effects on the markets. Central banks often change their target interest rates in response to economic activity: raising rates when the economy is overly strong, and lowering rates when the economy is sluggish. In the U.S., when the Federal Reserve Board (the Fed) changes the
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The novel coronavirus pandemic accelerated the development of countless preexisting trends. Key among them was the rise in food-delivery app usage. Only the acceleration this year was less about pure convenience and more due to indoor dining restrictions. As such, it should be no surprise that the DoorDash (NYSE:DASH) initial public offering (IPO) — and
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A discount broker is a stockbroker who carries out buy and sell orders at a reduced commission rate. However, a discount broker does not provide investment advice or perform analysis on a client’s behalf, unlike a full-service broker. Before the emergence of better communications technology, only the wealthy could afford a broker and access to
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Palantir (NYSE:PLTR) is one of many new stocks making their trading debuts in 2020 that have performed well beating the performance of major stock indices. Should you avoid Palantir stock, buy it, or shortlist it and monitor its stock price and financial performance? Source: Sundry Photography / Shutterstock.com Palantir stock opened at $10 per share
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Stock trading app Robinhood is being accused of reckless, exploitive business tactics on its young, millennial clientele. “The worst aspect of what they do clearly is they way they are gameifying the idea of investing,” Massachusetts Secretary of the Commonwealth William Galvin, who filed the compliant, told CNBC’s “Squawk Alley” Wednesday. “This is a very
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A security guard stands in a greenhouse of Tilray medical cannabis producer’s European production site in Cantanhede, on April 24, 2018. Patricia De Melo Moreira | AFP | Getty Images Check out the companies making headlines in midday trading.  Tilray — Shares of Tilray surged more than 20% after the cannabis company and peer Aphria
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In a sharp reversal from yesterday, U.S. equity markets rallied hard throughout the day, closing near session highs. News of real progress on a slimmed-down $748 billion stimulus package added some optimism, as did the FDA’s endorsement of Moderna’s mRNA COVID-19 vaccine. Enhanced lockdown measures throughout Europe and in some U.S. cities did little to
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