After surpassing Walmart in market value, Tesla is still not included in the S&P 500 index. The S&P 500 tracks the 500 largest publicly listed companies based in the US. After four straight quarters of profitability, Tesla is finally eligible to be included in the index. But according to Datatrek, […]
Aswath Damodaran, professor of finance at NYU Stern School of Business, told CNBC that big tech is “richly priced.” Often referred to as the “Dean of Valuation,” he said it seems difficult to build a portfolio that can beat or even meet the market without one or more technology stocks. […]
The US is set to suffer the biggest jump in economic misery this year of any country being monitored by Bloomberg as inflation slows and unemployment spikes. The country dropped to No. 25 from No. 50 in Bloomberg’s Misery Index, which measures 60 economies around the world. Thailand, Singapore, and […]
Tesla is now eligible to be considered for inclusion in the popular S&P 500 index following its blockbuster earnings results. On Wednesday, Tesla reported its fourth consecutive quarterly profit, the final milestone it needed to meet for consideration in the index. Here’s what happens next, according to S&P Dow Jones […]
It took just 20 trading days for the Dow Jones Industrial Average to enter bear market territory on Wednesday, easily making it the fastest such slide in the US stock market’s history. Past 20% declines from the index’s peak took 255 sessions on average, Michael Batnick, director of research at […]
The Dow Jones Industrial Average soared past 29,000 for the first time ever on Friday, hitting a new record as the historic bull market tears higher in the new year. The 30-stock index climbed 48 points higher to breach the psychological threshold, driven by gains in Pfizer, Apple, and Coca-Cola. […]
Despite the US-China trade war and recession fears, 2019 marked a winning year for stock-market investors around the world. Every major global index grew through the year, with many breaching record highs as central banks cut interest rates and positive earnings reports drove stocks higher. Here are the 12 best-performing […]
They’re continually at war over which is the best city in which to live, but Melbourne and Sydney both do one thing equally well when it comes to doing business – dry cleaning. The new liveability index in 2018 is the Dry Cleaning Index, released this week by UK dry […]
A measure of how expensive it is for banks to borrow has increased more than five-fold in just four months. Libor-OIS just surpassed levels last seen in 2011, and is now at its highest point since the financial crisis. Rising Treasury bill issuances and tax reform could be to blame. […]
The passive fund managed by California-based Bitwise Asset Management is outpacing bitcoin. The fund is up more than 50% since its inception and now has more than 500 LPs. Bitwise Asset Management is off to a strong start. The firm’s HODL fund, which is made up of ten digital assets […]
Reality Shares and Nasdaq announced the launch...
The FTSE100 has new competition.
A technical bug brought down indexes in the Netherlands, Portugal and Belgium too.
Russia is the lowest within Europe.
While Putin struts on the world stage.
Almost two thirds are European.
As the civil war in Iraq escalates, a new...