White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats

Since the Covid-19 pandemic began, and governments began to take fiscal and monetary measures in response, markets have reacted significantly to any updates on potential new rounds of stimulus. Recently in the US, hopes have emerged of a smaller interim deal between Democrat and Republican lawmakers than the multi-trillion-dollar deal Democrats had initially hoped for.Continue reading “White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats”

S&P Global in talks to pull off the biggest deal of 2020

Salesforce’s talks of a deal with workplace communications firm Slack dominated headlines late last week, but an even bigger deal was reported over the weekend. Per The WSJ, financial information firm S&P Global is in advanced talks to buy fellow data giant IHS Markit for $44bn. If that price stands, the deal would be theContinue reading “S&P Global in talks to pull off the biggest deal of 2020”

Tesla nears $500bn market cap as markets rally on Trump power transfer

European markets have maintained yesterday’s momentum with news of easing lockdowns in the UK and France adding to the optimism.  The FTSE is up 0.5%, the Dax up 0.4% and the Dow Jones leading way in the US futures market up 1%. Markets around the world rose on Monday and overnight as further vaccine news,Continue reading “Tesla nears $500bn market cap as markets rally on Trump power transfer”

Three rallying stocks to consider

Vaccine breakthroughs are like buses: the world waits for months for hopeful news, two then come along in quick succession. Markets rallied off the back of the announcements and lifted countless share prices in the process. Here, we delve into three such companies and assess the investment potential they can bring portfolios. Lloyds Banks wereContinue reading “Three rallying stocks to consider”

Bitcoin breaks through $18,000 closing in on all-time high

Bitcoin hit $18,488 during early hours trading this morning before pulling back slightly. The cryptoasset is now trading around $17,800 at the time of writing. It last reached such lofty levels in December 2017. Bitcoin’s market cap has also hit an all-time high of over $330 billion – higher than the previous record of $329.3Continue reading “Bitcoin breaks through $18,000 closing in on all-time high”

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