Barclays Bank Building Chris Ratcliffe | Bloomberg Getty Images Barclays has backed European equities to reach new highs in 2021, with two stocks offering 13% potential upside for Stocks 600 and over 50% potential returns. In their 2021 outlook, equity analysts at the bank said that the stock market rally would be driven mostly by earnings-per-share growth, bringing the Kovid-19 …
Read More »Business Tips
Bitcoin plunges by nearly $3,000 after closing in on its all-time record
StudioEast | Getty Images LONDON – Bitcoin has reached close to $ 3,000 in less than 24 hours after a high hit not seen since late 2017. The bitcoin price was trading at $ 19,374 on Wednesday afternoon at 1:45 am London when it started its slide. According to data from industry site CoinDesk, the price of $ 18,824 declined …
Read More »JPMorgan ‘skeptical’ about GM producing Nikola badger pickup
Nicola Motor Company : Nicola Motor Company Regarding Nicola, JP Morgan is “finalizing” a deal with General Motors to produce an electric pickup truck called the Badger for embattled vehicle start-ups. Instead, JPM analyst Paul Coster expected the two companies to resume a previously announced $ 2 billion deal without Badger over supplying GM with its big commercial trucks – …
Read More »AstraZeneca, Oxford defend vaccine trials after questions raised in US
This illustration, taken on September 9, 2020, features a test tube labeled vaccine in front of the AstraZeneca logo. Dadu Rouvik | Reuters AstraZeneca and the University of Oxford are defending the results and methods used in their phase three vaccine trials, based on criticism from experts in the US, that “the highest standards” were used and that “additional analysis …
Read More »The athleisure market heats up as shoppers want comfort
An Old Navy advances this holiday season, which now includes lungwear, pajamas and athletic apparel. : Gap Inc. If you walk into any old Navy store this holiday season, you will add a plethora of athletic gear along with other casual clothes front and center. Designed to be what consumers know as leggings, pajama sets, and other casual options during …
Read More »ByteDance gets another week to sell off TikTok’s U.S. business
In this illustration taken on 27 November 2019, the Tikok logo is seen on the smartphone in front of a displayed ByteDance logo. Dadu Rouvik | Reuters According to the report, ByteDance has been given another week to close Tiktok’s US business and avoid the ban. The Committee on Foreign Investment (CFIUS) has told Teitalk’s Chinese parent ByteDance, it is …
Read More »Coinbase hit by connection, latency problems as bitcoin plummets
Coinbase is a cryptocurrency exchange application seen on the iPhone screen. Getty Image Europe | Getty Images The cryptocurrency exchange Coinbase said on Thursday that its retail and professional-focused platforms had been hit by technical issues, with users reporting difficulty trading as Bitcoin has been falling since September. The California-based Coinbase said on its website at 14:14 GMT (9:14 am …
Read More »Things to consider before you buy
New Amazon Fire TV interface, including user profiles. Adventuress The TV has become really good, and if you’re upgrading from a TV over a decade old then a few hundred bucks can really go a long way. But, if you want to buy a TV that continues to impress you for another decade, you want to find some things that …
Read More »Take a look at the electric trucks coming from Tesla, Rivian, Ford, GM
From electric car startups to old-school-Detroit auto giants, the automotive industry is poised for a battle royale, as companies race to deliver the first all-electric pickup truck on the mass market. The best-selling vehicle in the US is a pickup truck (Ford’s F-150). Meanwhile, electric vehicle sales have been steadily increasing for years, with some analysts expecting to jump by …
Read More »Facebook to reimburse some advertisers after miscalculating effectiveness data
LONDON – Facebook is paying off some advertisers after campaigning one wrong after the other. Measures of potential effectiveness of their advertisements over the course of a year. The company’s “conversion lift” equipment suffered a glitch, affecting thousands of advertisements between August 2019 and August 2020. Facebook fixed the error in September and is now crediting customers as being “meaningfully …
Read More »