Major U.S. Stock Indexes: A Wider Market Rally in July The recent market rally in July showcased signs of expansion, with underappreciated sectors like industrials and transports drawing the attention of eager buyers. Throughout the month, buyers remained consistent, resulting in three consecutive weeks of gains for the S&P 500…
Posts published in “Business”
A few words about the financial benefits and pitfalls of 4%+ interest rates and an increasing Federal Funds rate? That depends on the context and the specific markets involved. However, in general, a 4%+ interest rate can have various impacts on different aspects of the economy, including: Borrowing and lending:…
March 3, 2021: Turntide Technologies, and their revolutionary Smart Motor System™ and the Optimal Efficiency Motor™ with digital DNA, announced the completion of an $80 million funding round as their funding total increases to $180 million. The latest funding included Robert Downey Jr.’s FootPrint Coalition Ventures. The buzz is around their switched reluctance motor(SRM) technology…
US-based streaming service FuboTV has closed an initial public offering (IPO) on the New York Stock Exchange, ticker (FUBO) at US$183 million. FuboTV was launched in 2015. It was slightly ahead of the cord-cutting curve we see today. There has been a lot of investment in this sector of the media business.…
Garmin continues to deliver value to its investors and customers. Quarter after great quarter and pivot to wearables for Garmin (GRMN). Another dreadful quarter in ’19 for Fitbit. Time is running out for the wearables maker. As automotive GPS devices moved to the phone, Garmin moved to wearables and are…