QAnon Shaman’s $40T Gambit
Jacob Chansley, better known as the “QAnon Shaman,” has filed a sprawling $40 trillion lawsuit that names Donald Trump, Elon Musk, T-Mobile, Warner Bros., and even the State of Israel as defendants.
Chan...
Market Shockwaves
Bain Capital and Hellman & Friedman are currently engaged in a fierce competition to secure the acquisition of DocuSign Inc (DOCU.O), a leading provider of online signature services valued at approximately $12.5 billion, as per s......
GlobalNY.biz analysts have compiled a rating of communication and Internet companies based on its performance during the fourth quarter of 2021. The purpose of the rating is to assess the state of the information field, which is formed by media resourc......
Corporate earnings and economic data
This week will be packed with new corporate earnings data and key housing and consumer spending data.
However, on the New York Stock Exchange on Friday the Dow Jones fell 2.82% to a one-month low, the S&P 500 ......
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volatili......
Developments for the week
This week, the Fed will reveal details of its plan to cut bond purchases, and the U.S. government will release employment data for October. The U.S. reporting season will continue with earnings and revenue reports from U......
iPhone for a subscription
AT&T, Verizon and T-Mobile are seeking to reach a larger audience of loyal customers with expensive subscriptions that include 5G. Competing companies have returned to providing smartphones for free or at a discount in ex......
Deutsche Telekom AG net profit
Deutsche Telekom AG (DE:DTEGn), Europe's largest telecommunications company, posted net profit of €936 million in January-March 2021, compared to €916 million in the same period in 2020 (up 2.2%), the company s......
Rising value of indices
The US stock market surged in trading on Friday, with the S&P 500 and Nasdaq indices reaching record highs. By the end of last week Dow Jones indicator rose by 3.9%, the highest since the week ended November 13, notes Marke......
It all depends on the presidential election
US stock indices are falling on Friday as investors await the results of the presidential election and assess the United States Department of Labor market report for October.
According to the latest figures......
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