Imagine receiving custom-made diet recommendation based mostly in your private biologic or genetic profile. That’s the “way forward for meals,” in line with a UBS analyst, who sees weight loss program personalization as the subsequent plant-based meat. Personalized diet may generate annual revenues as excessive as $64 billion by 2040, the agency stated. Plus, […]
Tag: Wall Street
Stocks appear detached from reality, rallying in anticipation of two things that may not happen
The new year is not even three full weeks old, and already half a trillion dollars has been added to the S&P 500’s value. Some investors worry either the economy has to suddenly jolt into action or earnings have to surprisingly surge — two things unlikely to occur — in order to justify these […]
Morgan Stanley leads Wall Street to records
A trader works on the floor of the New York Stock Exchange. Getty Images Dow Jones Industrial Average rises 267 points The Dow gained 267.42 points, or 0.92%, to close at 29,297.64. The S&P 500 rose 0.84% to 3,316.81. The Nasdaq Composite advanced 1.06% to 9,357.13. Solid economic data coupled with strong quarterly earnings and […]
Visa to acquire fintech company Plaid in $5.3 billion deal
Plaid co-founders William Hockey and Zach Perret Source: Plaid Payments giant Visa is buying Silicon Valley start-up Plaid in a deal worth $5.3 billion, the companies announced Monday. Plaid’s API software, often referred to as the “plumbing” behind fintech companies, lets start-ups connect to users’ bank accounts. It’s well-known among financial technology developers, but the […]
Here’s what’s in the phase one China trade deal Trump is signing this week
U.S. President Donald Trump (R) and Chinese Vice Premier Liu He talk to reporters in the Oval Office at the White House April 04, 2019 in Washington, DC. Chip Somodevilla | Getty Images U.S. and China trade representatives will end years of intense bilateral negotiations with a “phase one” deal on Wednesday that promises billions […]
Stocks making the biggest moves after the bell: GameStop, Cloudera and Visa
Pedestrians walk past a GameStop Corp. store in New York, U.S. Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Shares of GameStop fell more than 8% in extended trading after announcing holiday sales numbers that were down sharply from the previous year and lowering guidance. For a nine-week […]
Joe Biden campaign chairman rallies Wall Street donors for fundraising push
Democratic presidential candidate, former Vice President Joe Biden delivers remarks on the Trump administration’s recent actions in Iraq at Current, Chelsea Piers in New York City. Ron Adar | Barcroft Media | Getty Images Joe Biden’s campaign chairman privately met with some of Wall Street’s top donors last week in an attempt to rally them […]
US won’t consider China a currency manipulator ahead of trade deal
Chinese Vice Premier Liu He (2nd L) says goodbye to U.S. Treasury Secretary Steven Mnuchin as they break from meetings at the USTR offices May 10, 2019 in Washington, DC. Chip Somodevilla | Getty Images The United States removed China from a list of countries considered currency manipulators just two days before top trade negotiators […]
Yuan higher before the U.S. said China is no longer a manipulator
U.S. President Donald Trump (R) and Chinese Vice Premier Liu He talk to reporters in the Oval Office at the White House April 04, 2019 in Washington, DC. Chip Somodevilla | Getty Images A Chinese clerk counts renminbi yuan banknotes at a bank in China on December 2015. Jie Zhao | Corbis News | Getty […]
What happened to the stock market Monday: S&P, Nasdaq hit records
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Dow Jones Industrial Average rises 83 points The Dow climbed 83.28 points, or 0.29%, to end the day at 28,907.05. The S&P 500 and Nasdaq Composite rose 0.70% and 1.04%, respectively, to record highs. Stocks rose as optimism around the […]
