Stock market today: Wall Street climbs ahead of a big week for Big Tech as oil drops 5%
NEW YORK (AP) — U.S. stocks are approaching records Monday ahead of a big week for profit reports from Big Tech stocks. Oil prices, meanwhile, are tumbling toward their worst loss in more than a year.
The S&P 500 was 0.4% higher in midday trading. The main measure of the U.S.
Read MoreGranules pharmaceuticals to invest $1.5M, create 99 jobs in Prince William County expansion
Pharmaceuticals company Granules Consumer Health will invest $1.5 million and create 99 jobs in an expansion at its Prince William County facility near Gainesville.
Granules Consumer Health is a subsidiary of Granules India and a manufacturer of over-the-counter and prescription pharmaceuticals.
Gov. Glenn Youngkin’s office announced the economic development project Monday morning.
Read MoreShould You Buy Nvidia Stock Hand Over Fist Before Nov. 20?
History could repeat itself with Nvidia’s upcoming quarterly update.
Time flies when you’re having fun. And Nvidia (NVDA -0.68%) shareholders are having a lot of fun this year. The stock has soared over 180%. It could very well fly even higher.
» Read more about: Should You Buy Nvidia Stock Hand Over Fist Before Nov. 20? »
Read MoreBitcoin Traders Refocus on $70,000 With Cash Flowing Into ETFs
(Bloomberg) — Bitcoin traders are targeting the $70,000 price level last reached in June once again after cryptocurrencies briefly dipped across the board late Friday and US exchange-traded funds continued to see steady inflows.
“This is a continuation on the trends we’ve recently seen established in the space,” said Stephane Ouellette,
» Read more about: Bitcoin Traders Refocus on $70,000 With Cash Flowing Into ETFs »
Read MoreThe US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says
- Trump’s policies could leave the US economy with two major challenges, Paul Krugman said.
- Krugman pointed to Trump’s economic plan, which economists have described as inflationary.
- Trump’s deportation plans could also hit the economy, given that immigration has boosted the job market.
The Burst
Airbnb Has a Ridiculous Business Model
Airbnb is one of the most successful startup companies in recent history. Not only has it disrupted the hotel industry, but it has generated billions of dollars in revenue. So what is behind Airbnb’s success, and why should investors take a closer look at the company?
Airbnb is an online marketplace that connects people who need a place to stay with people who have accommodation to rent out.
» Read more about: Airbnb Has a Ridiculous Business Model »
Read MoreThe Ivy
Alert: 31% Upside in Disney Stock
Investment Alert: Buy Disney (DIS) Under $90
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Disney has been plagued with controversy recently.
» Read more about: Alert: 31% Upside in Disney Stock »
Read More